mermaid is dropping so much...
Good Opportunity for the Thais to consider privatise MM given the current weak share price ?
Book Value 0.45. Free float 22%. Only need approx SGD$80mil can delist liao if offer at 20% off book value. Adj 6-mths VWAP at $0.195.
Please dyodd before buying / selling. 
 
Book Value 0.45. Free float 22%. Only need approx SGD$80mil can delist liao if offer at 20% off book value. Adj 6-mths VWAP at $0.195.
Please dyodd before buying / selling. 
 
| Substantial Shareholders | Number of shares held | Percent of shares held |
| Thoresen Thai Agencies Public Company Limited | 822,908,013 | 58.22% |
| Chalermchai Mahagitsiri | 150,461,660 | 10.65% |
| Ausana Mahagitsiri | 63,588,647 | 4.5% |
| Prayudh Mahagitsiri | 55,081,582 | 3.9% |
| BNP Paribas Securities Corp, Asset Management Arm | 44,155,450 | 3.12% |
Agree. Crude oil price unstable. May be a good time to vest in when it drops.
But still that news takes the price down. These shortists.
Mermaid Maritime secures Singapore subsea contract http://splash247.com/mermaid-maritime-secures-singapore-subsea-contract/
Mermaid Maritime snares more subsea work
Thai owner to bank $5m from new customer in Singapore.
 
Thailand' s Mermaid Maritime has won a new subsea contract in Singapore.
The job will be carried out by its Singapore subsidiary and is worth $5m.
It starts in the third quarter and will be finished by the fourth.
The work will involve one of its owned ROV support vessels and a chartered-in ROV unit with air diving systems, dredging equipment and concrete coating removal gear.
The ships will repair a pipeline and change hoses for an international upstream oil and
No wonder it drop so much yesterday.  http://www.straitstimes.com/business/seadrill-says-likely-to-file-for-bankruptcy 
It tanked for the same reason as the previous round. Seadrill is closer to bankruptcy. What a pity, a solid c company otherwise.
shlb b going up.....
granto ( Date: 24-Jul-2017 08:08) Posted:
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oil up n up again....vested..........
e whole talk abt privatisation did not even raised any eyebrows... so, back to reality. Need to re-visit 0.13 level first.
oil price is up..why share price is down?
Big seller from OCBC. 
OMG!!!Regret didnt sell this one................cry
Why has it gone down so much? Any bad news?
crude will likely break above 50 then 60 by year end.... 
Mermaid too fat... sank.
all buying kris now...
nobody want mermaid
nobody want mermaid
OIl price up and got contracts. Must go all the wau to 0.19 today.
Ok i will sell n dble short it down tmr........
Tommy12356 ( Date: 24-Jul-2017 21:12) Posted:
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