Mermaid Maritime    Last:0.101    -0.001

Mermaid Maritime

wow more detail yr ew chart

SgYuan      ( Date: 20-Apr-2018 11:21) Posted: Main EW EW 123 w1 131 w2 124 w3 145 w4 134 w5? 152 Delta     8   7   21   11   18 %         85   260   50   61.8 Note1: w3 is ext EW, so w5 delta=(w1+w3)*61.8% If w5 is ext EW w5 ext EW? 134 w1 144 w2 141 w3? 157 w4? 151 w5? 161 Delta     10   3   16   6   10 %         30   161.8   38.2   100 Use as a guide. WL123456      ( Date: 20-Apr-2018 10:38) Posted: 1st wave done . Volume 6.01mil. Waiting for the second wave . Sg yuan , can do a wave update ? :) thanks .

 

Hm.... 0.152. Good . Thanks .

 

Main EW

EW	123	w1	131	w2	124	w3	145	w4	134	w5?	152
Delta			8		7		21		11		18
%					85		260		50		61.8

Note1: w3 is ext EW, so w5 delta=(w1+w3)*61.8%

If w5 is ext EW

w5 ext EW?	134	w1	144	w2	141	w3?	157	w4?	151	w5?	161
Delta			10		3		16		6		10
%					30		161.8		38.2		100

Use as a guide.

WL123456      ( Date: 20-Apr-2018 10:38) Posted: 1st wave done . Volume 6.01mil. Waiting for the second wave . Sg yuan , can do a wave update ? :) thanks .

 

If w5 is not ext EW tgt 152
- this tgt is due to w3 is a ext ew
- 134 + (W1+W3)x61.8%

if w5 is ext EW tgt 161.
What you calculated is correct.

small_pig      ( Date: 19-Apr-2018 22:43) Posted: Sg Yuan. Now at wave 5 Ex W5 start from 134 W1-145 delta 11 W2-139 delta 6 Now at W2 W3-156 delta 17 W3 start from 139 Assume small Ex W3 W1-146 W2-143 W3-152 W4-149 W5-155 W4 -150 W5 -161( may not reach) So W5 134 to 152 This delta is (W1+W3)x60% due to strong W3 and deep W4 Am i correct? Guess only WL123456      ( Date: 16-Apr-2018 16:43) Posted: Thanks dude

 

1st wave done . Volume 6.01mil. Waiting for the second wave . Sg yuan , can do a wave update ? :) thanks .

 

You think big props read what I post ? Lol you gotta be kiddin me man . What we post here has no effect on their plans . The teams made the plan in the office with the leader . Individual big props with 30-50 mil account also don?t care about what others says. If they want to move the counter , they will do it . It basically more of based on trend , not what we say .

rainbowman      ( Date: 19-Apr-2018 15:52) Posted: BBs don' t like to move if you keep bugging them....just pretend don' t know anything....lol WL123456      ( Date: 19-Apr-2018 15:47) Posted: Brent just hit usd$74.25. I just unloaded my oil futures . Take some profit first . However , O and G counters are still dormant lol. What?s keeping them 🧐

 

Should move big today I suppose with the company of Kris and Ezion ? Shouldn?t lag far behind .

 

Sg Yuan.
Now at wave 5

Ex W5 start from 134

W1-145 delta 11
W2-139 delta 6
Now at W2
W3-156 delta 17
W3 start from 139

Assume small Ex W3
W1-146
W2-143
W3-152
W4-149
W5-155

W4 -150
W5 -161( may not reach)

So W5 134 to 152
This delta is (W1+W3)x60% due to strong W3 and deep W4
Am i correct?
Guess only

WL123456      ( Date: 16-Apr-2018 16:43) Posted: Thanks dude ! SgYuan      ( Date: 16-Apr-2018 10:19) Posted: EW 123 w1 131 w2 124 w3 145 w4?137 w5?152 w1 123 to 131 delta 8          w2 131 to 124 delta 7 px 124 dn 85 % w3 124 to 145 delta 21 px 145 up 260 % - w3 very strong! up 260% w4 145 to 137 delta 8 tgt 137 dn 38.2 % - see how much it correct to. w5 137 to 152 delta 15 tgt 152 up 50 % - this delta is (w1+w3)*50% due to strong w3.

 

Just when I unload the oil futures , Brent went even higher ! Now $75usd. What Saudi wants , Saudi gets ! Looks like coming true and MM is still at $0.14!!! Where are all the retail monies ? Back in 2013/14 when oil is $75, props also scared of retail buyers . MM was trading at $0.40! Now only 0.14 ?? Jokes.

 

BBs don' t like to move if you keep bugging them....just pretend don' t know anything....lol

WL123456      ( Date: 19-Apr-2018 15:47) Posted: Brent just hit usd$74.25. I just unloaded my oil futures . Take some profit first . However , O and G counters are still dormant lol. What?s keeping them 🧐

 

Brent just hit usd$74.25. I just unloaded my oil futures . Take some profit first . However , O and G counters are still dormant lol. What?s keeping them 🧐

 

Yuan , any ew on this ? Thanks :)

 

Go go! we are supposed to hit 0.15 by tmr!

 

This one suppose to be a 22 cents stock and reach its previous high. Dyodd

 

Looks like will continue tmr running up

NextEvolution      ( Date: 18-Apr-2018 11:30) Posted: Game over since yesterday ...... NextEvolution      ( Date: 17-Apr-2018 10:10) Posted: But today looked like game over for this run up. Market needed to digest all those surge in the last week or so before any further upside. Let price settle down a bit first before taking or adding position

 

Brent is now trading at $72usd. Nearing 3.5 years high . MM share price is positively correlated to oil prices as it provides sub sea services for oil majors . It?s biggest client is Saudi Aramco which is aiming to be listed either this year or next year for around $usd 2-3 trillion depending on oil prices . It is also around May to August that mermaid usually announce contracts . Questions is with who . If you can hold and not contra , you will benefit from rising oil prices as mermaid should get more contracts due to more requirements of her services from servicing to installation of oil rigs etc. If you have attended their investor presentation, they are quite positive this year about their performance due to rising oil prices . Mermaid has the best positive cash flow among small cap O and G companies . Some question their recent purchase on a Cambodian property , which I feel is alright since Cambodia property prices are rising and it?s not good to have their cash idling since they do not want to commit on capex unless new contracts warrant so . Negative side for mermaid will be it?s high PE ratio but earnings visibility is there due to its strong ties with middles east powerhouses like Saudi , Kuwait and Qatar?s major oil companies .

Battle123      ( Date: 18-Apr-2018 11:47) Posted: All o and g look temting to enter How arh

 

All o and g look temting to enter

How arh

 

bo last..

 

Game over since yesterday ......

NextEvolution      ( Date: 17-Apr-2018 10:10) Posted: But today looked like game over for this run up. Market needed to digest all those surge in the last week or so before any further upside. Let price settle down a bit first before taking or adding positions Sgvale      ( Date: 17-Apr-2018 10:03) Posted: I jeep already. I believe oil & gas is in midst of recovery. Worst already over with economy gaining traction.

 

i jeep at 0.140.. slight pullback gave me the chance..