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Dunno wat news?
Up 77%.Sold off @32.
May shares consolidation coming soon?
Clear on hand stock first!
Huat arh..up 38% with big vol.
what a joke? Fund where got buy this type of stock.LOL
Octavia ( Date: 03-Aug-2015 13:58) Posted:
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Funds buying?
Volume is only 3m.
Octavia ( Date: 03-Aug-2015 13:58) Posted:
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Some funds buying also.
treetops ( Date: 03-Aug-2015 13:37) Posted:
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Something fishy going on here. Up 50% liao!
Let's see her clear $0.02 this week.
Pennies on the run... She should be the next being selected.... Huat ah...🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀
Pennies on the run... She should be the next being selected.... Huat ah...🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀 🚀
legolego ( Date: 27-Jul-2015 10:48) Posted:
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Just load quite alot on this counter.. no movement lei.. kakissss, where are u??
BDI is on the rise, the next play could be this burger, just keep on watch list.
http://www.bloomberg.com/quote/BDIY:IND
illiqudate stock. someone press it. can pick durian now
You have good premonition.Today got big buy sell volume px suddenly went up.Sign of BB playing up.
lovebullmarket ( Date: 11-Jun-2015 11:02) Posted:
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got chances?
Hope to see it bounces back fm 20MA and trend up again.
Lagging behind its peers so much.
Start accumulating.Way below its NAV 20c.
Signs of turning up soon.
NEWS RELEASE
MERCATOR SINGAPORE REPORTS A 54% INCREASE IN Q2 FY 2014 REVENUE AT USD 21.4 MILLION AGAINST Q1 FY 2014
Singapore, October 25, 2013 ? Mercator Lines (Singapore) Limited (?Company?), a leading Indian-owned international dry bulk shipping company focused on high growth markets such as India, Indonesia and China, today announced revenue of USD 21.4 million for Second Quarter of Financial Year 2013-2014 ending 31st March 2014 (FY 2014), as compared to USD 13.9 million for the previous quarter.
Highlights:
? 54% increase in quarter revenue at USD 21.4 million as compared to previous quarter
? 44% increase in quarter EBITDA at USD 4.8 million as compared to previous quarter
? Time Charter Equivalent (TCE) rate achieved at around USD 10,500 vs. Average Market Rate (Average rate of Panamax 4 TC Routes) of around USD 8364 for H1 FY 2014
? Debt equity ratio at 0.61 times The revenue for half year ended FY 2014 (H1 FY 2014) was at USD 35.3 million as against USD 66.2 million in H1 FY 2013. The Company reported a net loss of USD 12.1 million for H1 FY 2014 as against a profit of USD 0.1 million for H1 FY 2013. The reduction in profit is mainly due to lower freight rates and sale of a vessel in the previous year.
EBITDA for H1 FY 2014 stood at USD 8.2 million with healthy EBIDTA margins of around 23%. Cost rationalisation measures including reduction in vessel hire cost as a result of termination of contracts of long term chartered in vessels and reduction in other voyage expenses led to a significant reduction in vessel related costs of the Company as compared to previous year.
Vessel related costs for H1 FY 2014 decreased by 39% to USD 25.0 million from USD 41.3 million for H1 FY 2013. The dry bulk shipping market has shown some healthy signs of recovery. The Baltic Dry Index (BDI) more than doubled from 910 at the inception of Q1 FY 2014 to high of 2003 on September 30, 2013. Asset prices have also been reported to increase by more than 10% over the last 6 months. Said Mr. Shalabh Mittal, Managing Director and Chief Executive Officer of Mercator, ?We are happy to achieve a significant increase in our Revenue and EBITDA as compared to previous quarter. Measures taken in the previous year for reduction in vessel related costs have proved to be beneficial. The Company?s Balance Sheet remains healthy with a low debt equity ratio of 0.61 times. The Company is cautiously optimistic on the prospects of the industry. It would continue to leverage on its strong customer base and performance track-record for exploring growth opportunities?, concluded Mr. Mittal.
This one will be a double bagger, not for contra.
Amplefield ...got a good story coming after it EGM, get ready
rowsley, sinarmas, albedo, and a few other i have take partial profit.
good luck.
kelvinLim123 ( Date: 19-Sep-2013 16:45) Posted:
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Buy now before BB come for it.
This is the most effective dry bulk shipping coy.
kelvinLim123 ( Date: 19-Sep-2013 16:42) Posted:
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