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Go go, uptrend now? cheong up, this one stable co...dyodd
Depends on props whether they want to move it pass 0.14.
pnuklis ( Date: 10-Apr-2018 11:38) Posted:
| looks like it will reach 0.14 by the end of today |
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looks like it will reach 0.14 by the end of today
Quietly swimming up from a recent day's low of 12.3c
Coming up?
You are wrong . I never intended it as a hype . When the price went up , I did say it was due to the good fundamentals of this company . That?s my opinion . Whether others who bought in thought of it that way I am not sure , I hope they do . I can not control the fluctuations of prices whether issit due to props play or politics news like trade war offered by Donald trump . All I can say is what I saw based on figures . You tell me which O and G company in the penny sector has a cash horde like mermaid ? None . Which O and G company has the lowest risk of share dilution ? It?s MM due to its strong cash position . It?s has further contracts up to 2019 and with cornerstone customer like Saudi Aramco, will have visibility in earnings . Now if these are. It?s good fundamentals, then what is ? Please quote with numbers that show mermaid maritime fundamentals are poorer than any of the O and G in the penny sector and I believe you are right . Otherwise don?t waste each other time in talking cock.
onionknight ( Date: 06-Apr-2018 10:34) Posted:
lol it was 0.12 in dec but 0.16 one month earlier in Nov, this part you conveniently forgot to mention. I thought when it went up you advocated that it is all because good fundamentals, good project pipelines and huge cash flow? now you are writing it of as a hype so it is acceptable that it completely retrace?
twisting as usual.
WL123456 ( Date: 06-Apr-2018 09:57) Posted:
| Lol. Mermaid went up from 0.12 plus to 0.196 in Feb That?s a rise of almost 60++% . When there is a spike in MM share price , it?s normal for it to retrace as there are many investors/traders who bought during the hype as it went up , to sell it down as they probably need cash or whatsoever reasons they have when they market have nothing good to offer . Did ausgroup and China aviation oil went up by 60+%? No. |
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Mermaid hot day's high. Another O&G in play
I have to agree with u! This guy prata king, always flip prata wan lah lol...
onionknight ( Date: 06-Apr-2018 10:34) Posted:
lol it was 0.12 in dec but 0.16 one month earlier in Nov, this part you conveniently forgot to mention. I thought when it went up you advocated that it is all because good fundamentals, good project pipelines and huge cash flow? now you are writing it of as a hype so it is acceptable that it completely retrace?
twisting as usual.
WL123456 ( Date: 06-Apr-2018 09:57) Posted:
| Lol. Mermaid went up from 0.12 plus to 0.196 in Feb That?s a rise of almost 60++% . When there is a spike in MM share price , it?s normal for it to retrace as there are many investors/traders who bought during the hype as it went up , to sell it down as they probably need cash or whatsoever reasons they have when they market have nothing good to offer . Did ausgroup and China aviation oil went up by 60+%? No. |
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I will buy in at this price on Monday lol..
Mandy1986 ( Date: 06-Apr-2018 12:55) Posted:
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$0.116 soon
lol it was 0.12 in dec but 0.16 one month earlier in Nov, this part you conveniently forgot to mention. I thought when it went up you advocated that it is all because good fundamentals, good project pipelines and huge cash flow? now you are writing it of as a hype so it is acceptable that it completely retrace?
twisting as usual.
WL123456 ( Date: 06-Apr-2018 09:57) Posted:
Lol. Mermaid went up from 0.12 plus to 0.196 in Feb That?s a rise of almost 60++% . When there is a spike in MM share price , it?s normal for it to retrace as there are many investors/traders who bought during the hype as it went up , to sell it down as they probably need cash or whatsoever reasons they have when they market have nothing good to offer . Did ausgroup and China aviation oil went up by 60+%? No.
onionknight ( Date: 05-Apr-2018 16:49) Posted:
| If it is due to " Market reaction" like you said, then why since the start of Feb, some O& G counters like ausgroup and china aviation drop around 10%, but mermaid almost dropped 40% |
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One important catalyst that will take place is the listing of Saudi Aramco. It is mermaid maritime main client and will provide mermaid earnings visibility. It?s listing will no doubt provide it with fresh capital to offer new contracts to subsea services firm like MM to lock down services at current prices in view of rising oil prices to increase its oil drilling/maintenance operations in the Middle East. Usually the contracts are offered in 2H so the current undervalued price presents an opportunity for value investors .
Lol. Mermaid went up from 0.12 plus to 0.196 in Feb That?s a rise of almost 60++% . When there is a spike in MM share price , it?s normal for it to retrace as there are many investors/traders who bought during the hype as it went up , to sell it down as they probably need cash or whatsoever reasons they have when they market have nothing good to offer . Did ausgroup and China aviation oil went up by 60+%? No.
onionknight ( Date: 05-Apr-2018 16:49) Posted:
If it is due to " Market reaction" like you said, then why since the start of Feb, some O& G counters like ausgroup and china aviation drop around 10%, but mermaid almost dropped 40%?
WL123456 ( Date: 05-Apr-2018 16:44) Posted:
| Not really . It?s due to broader market reaction . But this news release is positive to mermaid but I doubt will affect its share price as it has been explained previously |
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Personally think that this updates is good as it clear the doubts of any financing issues, which is critical to all o& g counter at this time? Fair price shd be 18 cents?
onionknight ( Date: 05-Apr-2018 16:49) Posted:
If it is due to " Market reaction" like you said, then why since the start of Feb, some O& G counters like ausgroup and china aviation drop around 10%, but mermaid almost dropped 40%?
WL123456 ( Date: 05-Apr-2018 16:44) Posted:
| Not really . It?s due to broader market reaction . But this news release is positive to mermaid but I doubt will affect its share price as it has been explained previously |
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lol at least today not bad recovery by them...some pennies only up abit ...
WL123456 ( Date: 05-Apr-2018 16:44) Posted:
Not really . It?s due to broader market reaction . But this news release is positive to mermaid but I doubt will affect its share price as it has been explained previously .
Maller ( Date: 05-Apr-2018 05:28) Posted:
Good news on UPDATE ON ASIA OFFSHORE DRILLING LIMITED&rsquo S LOAN REFINANCING AND
THE TRANSACTION SUPPORT AGREEMENT
Think the drop in share price past few months could be the issue of seadrill? Now mermaid announced this update and things are clearer and better now. Huat arr..bought some yesterday. Dyodd |
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If it is due to " Market reaction" like you said, then why since the start of Feb, some O& G counters like ausgroup and china aviation drop around 10%, but mermaid almost dropped 40%?
WL123456 ( Date: 05-Apr-2018 16:44) Posted:
Not really . It?s due to broader market reaction . But this news release is positive to mermaid but I doubt will affect its share price as it has been explained previously .
Maller ( Date: 05-Apr-2018 05:28) Posted:
Good news on UPDATE ON ASIA OFFSHORE DRILLING LIMITED&rsquo S LOAN REFINANCING AND
THE TRANSACTION SUPPORT AGREEMENT
Think the drop in share price past few months could be the issue of seadrill? Now mermaid announced this update and things are clearer and better now. Huat arr..bought some yesterday. Dyodd |
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Not really . It?s due to broader market reaction . But this news release is positive to mermaid but I doubt will affect its share price as it has been explained previously .
Maller ( Date: 05-Apr-2018 05:28) Posted:
Good news on UPDATE ON ASIA OFFSHORE DRILLING LIMITED&rsquo S LOAN REFINANCING AND
THE TRANSACTION SUPPORT AGREEMENT
Think the drop in share price past few months could be the issue of seadrill? Now mermaid announced this update and things are clearer and better now. Huat arr..bought some yesterday. Dyodd |
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Sold 60 percent overall at few stages. Yes, Waiting for opportunity to buy in again, if there are updates on the asset sale or other biz
How's your QTV doing? After I dumped all around 1.9 haven't visited it for a while. Waiting for GEMS to dispose their holdings before I pick them up
Maller ( Date: 05-Apr-2018 07:52) Posted:
| LOL, I bought few times, bought some at closing too. |
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LOL, I bought few times, bought some at closing too.
