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Mermaid Maritime    Last:0.103    +0.001

Mermaid Maritime

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Mandy1986
    05-Jan-2017 11:49  
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Thanks for your good luck wish

guards80      ( Date: 05-Jan-2017 11:47) Posted:

Wow very strong again those who long huat big

guards80      ( Date: 05-Jan-2017 10:21) Posted:



hmm no power already?


 
 
guards80
    05-Jan-2017 11:47  
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Wow very strong again those who long huat big

guards80      ( Date: 05-Jan-2017 10:21) Posted:



hmm no power already?

 
 
guards80
    05-Jan-2017 10:21  
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hmm no power already?
 

 
taxiuncle
    05-Jan-2017 10:09  
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This seems unstoppable.....heading towards 20
 
 
Mandy1986
    04-Jan-2017 15:39  
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Also watch for Kris Energy too.. I was vested at 0.178/0.180. 

Audermas      ( Date: 04-Jan-2017 15:35) Posted:



nvr catch it.. only bought 100 lots at 158.. sad..

Mandy1986      ( Date: 04-Jan-2017 15:34) Posted:



You can check my past posting.. about two weeks back..


 
 
Mandy1986
    04-Jan-2017 15:37  
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Pick up the counter if you have the cash for a better run up.

Audermas      ( Date: 04-Jan-2017 15:35) Posted:



nvr catch it.. only bought 100 lots at 158.. sad..

Mandy1986      ( Date: 04-Jan-2017 15:34) Posted:



You can check my past posting.. about two weeks back..


 

 
Audermas
    04-Jan-2017 15:35  
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nvr catch it.. only bought 100 lots at 158.. sad..

Mandy1986      ( Date: 04-Jan-2017 15:34) Posted:



You can check my past posting.. about two weeks back..

Audermas      ( Date: 04-Jan-2017 15:30) Posted:



sorry when was this mentioned?


 
 
Mandy1986
    04-Jan-2017 15:35  
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14 Dec

Mandy1986      ( Date: 14-Dec-2016 10:32) Posted:



Watch for this counter.. 401 n   821 both accumulating 

 
 
Mandy1986
    04-Jan-2017 15:34  
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You can check my past posting.. about two weeks back..

Audermas      ( Date: 04-Jan-2017 15:30) Posted:



sorry when was this mentioned?

Mandy1986      ( Date: 04-Jan-2017 15:29) Posted:



Yes, as mentioned at $0.148/0.150, JP Morgan n Goldman was accumulating 


 
 
Audermas
    04-Jan-2017 15:30  
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sorry when was this mentioned?

Mandy1986      ( Date: 04-Jan-2017 15:29) Posted:



Yes, as mentioned at $0.148/0.150, JP Morgan n Goldman was accumulating 

 

 
Mandy1986
    04-Jan-2017 15:29  
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Yes, as mentioned at $0.148/0.150, JP Morgan n Goldman was accumulating 
 
 
taxiuncle
    04-Jan-2017 15:15  
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Today so strong!!!!!
 
 
pepperfox
    04-Jan-2017 08:34  
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not.

 

 

used to call for this counter to my clients. sold all at 0.145. But hope it will go further  for all. cheers
 
 
josephyeo
    03-Jan-2017 22:24  
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Crude oil future cross $55 as of now (3 jan ' 16, 10.25pm) Should be good for Mermaid Maritime.

josephyeo      ( Date: 03-Jan-2017 14:04) Posted:



Price movement:

52 weeks - low 9.0 cts high 16.4 cts

2 years - low 9 cts high 30.8 cts

5 years - low 9 cts high 53.7 cts

As a norm, Mermaid Maritime was traded above 20 cts in most years.

The low of 9.0 cts was on 2 sept 2016 at the height of the oil crisis.

For info only.

 
 
josephyeo
    03-Jan-2017 14:04  
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Price movement:

52 weeks - low 9.0 cts high 16.4 cts

2 years - low 9 cts high 30.8 cts

5 years - low 9 cts high 53.7 cts

As a norm, Mermaid Maritime was traded above 20 cts in most years.

The low of 9.0 cts was on 2 sept 2016 at the height of the oil crisis.

For info only.
 

 
ysh2006
    03-Jan-2017 13:19  
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Secured this job with very thin margin....no meat one...cancell two rigs no money income how to be good ?Oil price only up a bit not enough to lure China man order rig leh....

josephyeo      ( Date: 03-Jan-2017 13:13) Posted:



Quote:

" CIMB just upgraded its buy recommendation from 17 cts to 24 cts. See below:

SINGAPORE (Jan 3): CIMB is reiterating its &ldquo add&rdquo recommendation on Mermaid Maritime with a higher

target price of 24 cents from 17 cents previously, after the company last week announced that its associate,

Asia Offshore Drilling (AOD), secured a three-year contract extension for its AOD III jackup rig.

 

In a Monday report, analysts Cezzane See and Lim Siew Khee say they are &ldquo very positive&rdquo on the news given

the dearth of jack-up rig contracts of late, as it also implies that all of Mermaid&rsquo s associated-owned rigs have

secured pipelines until 2019.

The analysts believe the latest contract extension mitigates Mermaid&rsquo s risk of its associate earnings, which

therefore reinforces their position on the stock as &ldquo a good stock to ride the sector recovery&rdquo .

.... end ....

josephyeo      ( Date: 01-Dec-2016 14:34) Posted:



" Its darkest before dawn"

Mermaid Maritime is another counter which is likely to survive the current oil crisis.

I am sharing some basic datas below:

1. Share price. 52 weeks high - 16.8 cts, low 9.0 cts. Current 14.5 cts.

2. Nta 33.6 cts. against current price of 14.5 cts

3. Debt S$128 mil against cash of S$83.8 mil. - debt is supported by 65% cash.

This is quite rare in the current O& M sector.

4. Profitable in the latest 3 quarters - 1st qt - S$1.7 mil 2nd qt - S$10.8 and 3rd qt - S$10.4.

Profit for 9 mths in current financial year - S$23.0 mil

i am vested for following reasons - trading below nta strong balance sheet, company profitable

despite extremely difficult environment and likely survival in current oil crisis.

Pls note above write up is for sharing n not a call to buy or sell.


 
 
josephyeo
    03-Jan-2017 13:16  
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correction - its " add" recommendation, not " buy" recommendation

josephyeo      ( Date: 03-Jan-2017 13:13) Posted:



Quote:

" CIMB just upgraded its buy recommendation from 17 cts to 24 cts. See below:

SINGAPORE (Jan 3): CIMB is reiterating its &ldquo add&rdquo recommendation on Mermaid Maritime with a higher

target price of 24 cents from 17 cents previously, after the company last week announced that its associate,

Asia Offshore Drilling (AOD), secured a three-year contract extension for its AOD III jackup rig.

 

In a Monday report, analysts Cezzane See and Lim Siew Khee say they are &ldquo very positive&rdquo on the news given

the dearth of jack-up rig contracts of late, as it also implies that all of Mermaid&rsquo s associated-owned rigs have

secured pipelines until 2019.

The analysts believe the latest contract extension mitigates Mermaid&rsquo s risk of its associate earnings, which

therefore reinforces their position on the stock as &ldquo a good stock to ride the sector recovery&rdquo .

.... end ....

josephyeo      ( Date: 01-Dec-2016 14:34) Posted:



" Its darkest before dawn"

Mermaid Maritime is another counter which is likely to survive the current oil crisis.

I am sharing some basic datas below:

1. Share price. 52 weeks high - 16.8 cts, low 9.0 cts. Current 14.5 cts.

2. Nta 33.6 cts. against current price of 14.5 cts

3. Debt S$128 mil against cash of S$83.8 mil. - debt is supported by 65% cash.

This is quite rare in the current O& M sector.

4. Profitable in the latest 3 quarters - 1st qt - S$1.7 mil 2nd qt - S$10.8 and 3rd qt - S$10.4.

Profit for 9 mths in current financial year - S$23.0 mil

i am vested for following reasons - trading below nta strong balance sheet, company profitable

despite extremely difficult environment and likely survival in current oil crisis.

Pls note above write up is for sharing n not a call to buy or sell.


 
 
josephyeo
    03-Jan-2017 13:13  
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Quote:

" CIMB just upgraded its buy recommendation from 17 cts to 24 cts. See below:

SINGAPORE (Jan 3): CIMB is reiterating its &ldquo add&rdquo recommendation on Mermaid Maritime with a higher

target price of 24 cents from 17 cents previously, after the company last week announced that its associate,

Asia Offshore Drilling (AOD), secured a three-year contract extension for its AOD III jackup rig.

 

In a Monday report, analysts Cezzane See and Lim Siew Khee say they are &ldquo very positive&rdquo on the news given

the dearth of jack-up rig contracts of late, as it also implies that all of Mermaid&rsquo s associated-owned rigs have

secured pipelines until 2019.

The analysts believe the latest contract extension mitigates Mermaid&rsquo s risk of its associate earnings, which

therefore reinforces their position on the stock as &ldquo a good stock to ride the sector recovery&rdquo .

.... end ....

josephyeo      ( Date: 01-Dec-2016 14:34) Posted:



" Its darkest before dawn"

Mermaid Maritime is another counter which is likely to survive the current oil crisis.

I am sharing some basic datas below:

1. Share price. 52 weeks high - 16.8 cts, low 9.0 cts. Current 14.5 cts.

2. Nta 33.6 cts. against current price of 14.5 cts

3. Debt S$128 mil against cash of S$83.8 mil. - debt is supported by 65% cash.

This is quite rare in the current O& M sector.

4. Profitable in the latest 3 quarters - 1st qt - S$1.7 mil 2nd qt - S$10.8 and 3rd qt - S$10.4.

Profit for 9 mths in current financial year - S$23.0 mil

i am vested for following reasons - trading below nta strong balance sheet, company profitable

despite extremely difficult environment and likely survival in current oil crisis.

Pls note above write up is for sharing n not a call to buy or sell.

 
 
josephyeo
    01-Jan-2017 01:18  
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Impairments been fully provided for in 2015 financial so shld not impact current tear account.

ysh2006      ( Date: 31-Dec-2016 20:30) Posted:



This news might pull down it price to 13.5c 50 MA support loh

guards80      ( Date: 31-Dec-2016 18:38) Posted:

Mermaid Maritime: General Announcement :: MERMAID' S TWO (2) NEWBUILD DRILLING RIGS UNDER CONSTRUCTION CANCELLED BY MUTUAL AGREEMENT



http://repository.shareinvestor.com/rpt_view.pl/id/671191.1/type/sgxnet/original_filename/1


 
 
guards80
    31-Dec-2016 23:37  
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Mermaid Maritime: General Announcement :: MERMAID EXTENDS CHARTER-IN OF DP2 MPSV ' RESOLUTION' FOR ONE (1) YEAR



http://repository.shareinvestor.com/rpt_view.pl/id/671192.1/type/sgxnet/original_filename/1
 
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