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Mermaid Maritime    Last:0.102    +0.002

Mermaid Maritime

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SgTrader17
    24-Mar-2018 19:42  
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Just don't understand, why Kris energy still at all time low of 0.087 when oil already above $65. Jena suppressed? I am still holding breakeven price of 12cts. And don't want to load more in case kena trapped even more lots in it. Hope it can recover back above 10cts in near future.

WL123456      ( Date: 24-Mar-2018 12:10) Posted:

Oil broke through the psychological usd$70 barrier last night . Short covering should help it higher and maintained it around $70. Time to load up this fella and other O and G counter . Wish those getting vested profits .

 
 
guiren
    24-Mar-2018 19:39  
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Thank you for Sharing WL123456
 
 
WL123456
    24-Mar-2018 12:10  
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Oil broke through the psychological usd$70 barrier last night . Short covering should help it higher and maintained it around $70. Time to load up this fella and other O and G counter . Wish those getting vested profits .
 

 
TraderBen
    22-Mar-2018 16:13  
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i supposed thats the reason for the sudden pullback..
 
 
guards80
    22-Mar-2018 16:02  
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careful dow future sharp drop.!!!!!!!!!!
 
 
TraderBen
    22-Mar-2018 16:01  
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O& G counters moving up and down today..
 

 
WL123456
    22-Mar-2018 15:39  
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Yea. It?s moving . Props pushing the price . Time to enjoy the ride. . Based on usd$69 oil price , the TP should be around $0.17-0.18

TraderBen      ( Date: 22-Mar-2018 12:05) Posted:

Good to go!

 
 
TraderBen
    22-Mar-2018 12:05  
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Good to go!
 
 
WL123456
    22-Mar-2018 10:20  
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Brent now $69. Mermaid , KH and other O and G counter should be getting ready .
 
 
TraderBen
    22-Mar-2018 10:10  
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consolidating.. waiting for run up..
 

 
commando
    21-Mar-2018 10:37  
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All start swimming with mermaid....hmmm..
 
 
WL123456
    21-Mar-2018 09:57  
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You are very positive lol but I would say Brent is on the way up and would be good for mermaid if it stabilise around $70.

TraderBen      ( Date: 21-Mar-2018 09:50) Posted:

i am in at 0,153.. gonna see its glory days again.. maybe 50 cents at least?

 
 
TraderBen
    21-Mar-2018 09:50  
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i am in at 0,153.. gonna see its glory days again.. maybe 50 cents at least?
 
 
WL123456
    21-Mar-2018 09:22  
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I think u got it wrong big time lol. First of all , I never even touch Noble as all along I have advocated either investors sell their noble shares or don?t short because of possibility of suspension . Secondly , I am able to hold to KH as I have deep enough reserve so I am facing paper losses . Those who invest face paper losses not actual losses so I don?t know what big time loss you are talking about .

Anyway Brent is now back to usd$67-68. Soon when the price is back to $70 and beyond , I will be sitting on some gains . It?s time to take a look and O and G counters again.

Mandy1986      ( Date: 05-Mar-2018 20:42) Posted:

Since you lost big time at Noble and KH, I sincerely Hope you will be able to walk steady steady in this Mermaid too.

WL123456      ( Date: 23-Feb-2018 09:09) Posted:

Just got vested in this one again . Oil prices going up and oil futures firming . Demand is outstripping supply .


 
 
Mandy1986
    05-Mar-2018 20:42  
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Since you lost big time at Noble and KH, I sincerely Hope you will be able to walk steady steady in this Mermaid too.

WL123456      ( Date: 23-Feb-2018 09:09) Posted:

Just got vested in this one again . Oil prices going up and oil futures firming . Demand is outstripping supply .

 

 
LongNobley
    05-Mar-2018 10:28  
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When is it?? The meeting in Suntec

WL123456      ( Date: 28-Feb-2018 15:04) Posted:

https://mermaid.listedcompany.com/newsroom/20180227_183526_DU4_0K43YZEFKHV9RABO.1.pdf

For those who missed out , 2 most important point to note :
1) Swung from a net loss of 2.1mil to a net gain of 1.9mil
2) positive cash flow of 11.3 mil generated in 2017.

Mermaid have since repositioned itself and will be benfitting with new contracts on top of those that will serve it till 2019. Order book stands at a healthy usd$148 mil and management already signalled aggressive pursue of new sales order . Presentation is at suntec convention centre . Interested parties can attend .

 
 
lotv2008
    28-Feb-2018 15:52  
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Indeed.  A relatively strong O& G counter. Among the few that stay profitable. 
 
 
WL123456
    28-Feb-2018 15:04  
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https://mermaid.listedcompany.com/newsroom/20180227_183526_DU4_0K43YZEFKHV9RABO.1.pdf

For those who missed out , 2 most important point to note :
1) Swung from a net loss of 2.1mil to a net gain of 1.9mil
2) positive cash flow of 11.3 mil generated in 2017.

Mermaid have since repositioned itself and will be benfitting with new contracts on top of those that will serve it till 2019. Order book stands at a healthy usd$148 mil and management already signalled aggressive pursue of new sales order . Presentation is at suntec convention centre . Interested parties can attend .
 
 
TraderBen
    27-Feb-2018 16:41  
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contra players getting out.. i picked up some at 0,153
 
 
LongNobley
    27-Feb-2018 16:39  
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Why the heavy selling?
 
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