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:
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Thank you for Sharing WL123456
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 .
i supposed thats the reason for the sudden pullback..
careful dow future sharp drop.!!!!!!!!!!
O& G counters moving up and down today..
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:
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Good to go!
Brent now $69. Mermaid , KH and other O and G counter should be getting ready .
consolidating.. waiting for run up..
All start swimming with mermaid....hmmm..
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:
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i am in at 0,153.. gonna see its glory days again.. maybe 50 cents at least?
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.
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:
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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:
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When is it?? The meeting in Suntec
WL123456 ( Date: 28-Feb-2018 15:04) Posted:
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Indeed.  A relatively strong O& G counter. Among the few that stay profitable. 
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 .
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 .
contra players getting out.. i picked up some at 0,153
Why the heavy selling?