Mermaid Maritime    Last:0.095    -0.009

Mermaid Maritime

Tis qter loss? U sure?

 

cos oil big lau sai n its in a loss fr tis q mah............

kangaroo11      ( Date: 15-Nov-2017 09:56) Posted: Wha...continue to lao sai again today lol! mingmataaaa      ( Date: 14-Nov-2017 09:05) Posted: Morning diarrhoea

 

Wha...continue to lao sai again today lol!

mingmataaaa      ( Date: 14-Nov-2017 09:05) Posted: Morning diarrhoea

 

WL...we have to keep our faith as an investor and ignore negativity.  Like COSCO once $8 share drops to 0.30 ...no one interested. She has gone up to 0.60...I am enjoying the ride now:-)

WL123456      ( Date: 14-Nov-2017 09:39) Posted: They have just won close to usd$300 million in project so profit and revenue is going to be higher . Most important thing is they have over $100 mil cash which means no dilution of shares and rights issue or warrants exercise . Buy when there?s pain , sell when there?s gain. When do you get s chance to buy a healthy company on a cheap ? When people sell without looking forward . I will be buying more today and more when it drops . fatpanda      ( Date: 14-Nov-2017 09:23) Posted: Selling is not that strong at this moment. The performace of O& G sector is expected to be weak during this perod. And the Q3 results matched the overall performace of O& G sector, simillar to other O& G companies. The key points to survive is to secure more contracts, maintain healthy balance sheet and cost cutting.  As the oil price is projected to be improved further, the results for next few quarters should be better. " Knee jerk" reaction. Maybe it is about time to consider " bottom fishing" .

 

They have just won close to usd$300 million in project so profit and revenue is going to be higher . Most important thing is they have over $100 mil cash which means no dilution of shares and rights issue or warrants exercise . Buy when there?s pain , sell when there?s gain. When do you get s chance to buy a healthy company on a cheap ? When people sell without looking forward . I will be buying more today and more when it drops .

fatpanda      ( Date: 14-Nov-2017 09:23) Posted: Selling is not that strong at this moment. The performace of O& G sector is expected to be weak during this perod. And the Q3 results matched the overall performace of O& G sector, simillar to other O& G companies. The key points to survive is to secure more contracts, maintain healthy balance sheet and cost cutting.  As the oil price is projected to be improved further, the results for next few quarters should be better. " Knee jerk" reaction. Maybe it is about time to consider " bottom fishing" .

 

Selling is not that strong at this moment. The performace of O& G sector is expected to be weak during this perod. And the Q3 results matched the overall performace of O& G sector, simillar to other O& G companies. The key points to survive is to secure more contracts, maintain healthy balance sheet and cost cutting.  As the oil price is projected to be improved further, the results for next few quarters should be better.

" Knee jerk" reaction. Maybe it is about time to consider " bottom fishing" . 

 

Morning diarrhoea

 

Nonsense....haha!

WL123456      ( Date: 09-Nov-2017 11:14) Posted: When you talk like this , everyone knows you are talking nonsense . Since August 17 , they have announce contracts won till date totaling more than usd $300 million. It?s a positive cash company ($106 million) in their bank account and has debt to equity ratio of 0.36x.( where to find ) Upcoming FY announcement should be good and I expect dividend to resume . Please refer to their website for contracts won , cost savings implementation and cash flow statement . A decent stock to hold for the Long run . Not for contras . kangaroo11      ( Date: 08-Nov-2017 17:32) Posted: Today lao sai, the market have spoken! Balance sheet ok. But P& L weak like all the other O& M companies. Decling service income, ultra thin nett profit margin, maybe this is why they managed to get so much job! Share price already doubled as compared to some of its competitors, so market have already full priced in the stronger balance sheet.

 

jialat liao. target price < 10c?

 

Sorry. My mistske. It was released today.

 

Yes. Please check here :
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3MonthsSecurity&F=T3CNYNNCL8FKD46T&H=34985474f14ac6b9caa0c832bc94fa4275a200603845e94cd9587111fbb3882d

 

Really? Link to the news last week?

fatpanda      ( Date: 13-Nov-2017 21:04) Posted: This is already known, 3Q financial result was published last week. Old news.

 

This is already known, 3Q financial result was published last week. Old news.

 

Gone :
https://www.theedgesingapore.com/mermaid-maritime-sinks-red-posts-3q-losses-28-mil

 

Bullish formation today. Good luck to those holding . Next qtr announcement should be good . Oil stabilising around usd$64 should be the added catalyst .

 

Why you parrot me lol!
Already priced in, thats why share price > 2X of its competitors.
The declining service income and ultra thin nett profit margin is verifiable on mermaid' s website as well lei!
 

WL123456      ( Date: 09-Nov-2017 11:14) Posted: When you talk like this , everyone knows you are talking nonsense . Since August 17 , they have announce contracts won till date totaling more than usd $300 million. It?s a positive cash company ($106 million) in their bank account and has debt to equity ratio of 0.36x.( where to find ) Upcoming FY announcement should be good and I expect dividend to resume . Please refer to their website for contracts won , cost savings implementation and cash flow statement . A decent stock to hold for the Long run . Not for contras . kangaroo11      ( Date: 08-Nov-2017 17:32) Posted: Today lao sai, the market have spoken! Balance sheet ok. But P& L weak like all the other O& M companies. Decling service income, ultra thin nett profit margin, maybe this is why they managed to get so much job! Share price already doubled as compared to some of its competitors, so market have already full priced in the stronger balance sheet.

 

When you talk like this , everyone knows you are talking nonsense . Since August 17 , they have announce contracts won till date totaling more than usd $300 million. It?s a positive cash company ($106 million) in their bank account and has debt to equity ratio of 0.36x.( where to find ) Upcoming FY announcement should be good and I expect dividend to resume . Please refer to their website for contracts won , cost savings implementation and cash flow statement . A decent stock to hold for the Long run . Not for contras .

kangaroo11      ( Date: 08-Nov-2017 17:32) Posted: Today lao sai, the market have spoken! Balance sheet ok. But P& L weak like all the other O& M companies. Decling service income, ultra thin nett profit margin, maybe this is why they managed to get so much job! Share price already doubled as compared to some of its competitors, so market have already full priced in the stronger balance sheet.

 

Today lao sai, the market have spoken!
Balance sheet ok.
But P& L weak like all the other O& M companies.
Decling service income, ultra thin nett profit margin, maybe this is why they managed to get so much job!
Share price already doubled as compared to some of its competitors, so market have already full priced in the stronger balance sheet.
 

 

Your report is on the 18/8/2017. Since then they have won new contracts and the shares has been upgraded . This company is in good hands and I expect more contracts coming now that oil has hit usd$64.

Wind22i      ( Date: 08-Nov-2017 10:06) Posted: https://www.theedgesingapore.com/mermaid-maritime-downgraded-%E2%80%98alarming%E2%80%99-shrinkage-order-book

 

I think the report by cimb was before the new contracts Won. They just got a few contracts totaling more than $200 million. Can check their announcement .