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Grubber Elite	03-Jul-2024 11:34        Grubber About Contact  Quote this Post!
x 0   x 0  Alert Admin	they are cng kay sweet639      ( Date: 03-Jul-2024 11:31) Posted: Trading house will give high TP when market is up, why never ask investors to buy yesterday?? easywin      ( Date: 03-Jul-2024 10:48) Posted: Uptrend intact.
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noobnub Supreme	03-Jul-2024 11:33        noobnub About Contact  Quote this Post!
x 0   x 0  Alert Admin	haha the guy really make all panic with 17c not i say hahaha noobnub      ( Date: 02-Jul-2024 16:48) Posted: those hear your 170 panic man sengkang      ( Date: 02-Jul-2024 16:46) Posted: Seems peakish, may revisit 170
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sweet639 Veteran	03-Jul-2024 11:31        sweet639 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Trading house will give high TP when market is up, why never ask investors to buy yesterday?? easywin      ( Date: 03-Jul-2024 10:48) Posted: Uptrend intact.
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easywin Supreme	03-Jul-2024 10:48        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Uptrend intact.
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Huataarrhh Senior	03-Jul-2024 10:17        Huataarrhh About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lim and Tan initiation report We initiate a &ldquo BUY&rdquo recommendation on Mermaid Maritime ($0.19, down 0.5 cent) with a target price of $0.30 based on 12.5x FY24PE, pegged to 15% discount to its peers. MMT boasts one of the world&rsquo s largest DSV fl eets and is a turnaround company strategically positioned to capitalise on the rising demand for decommissioning and IRM projects amidst higher oil prices and global sustainability initiatives. With high operating leverage due to their big fl eet size amidst an industry upcycle, MMT has hit critical mass, and we expect further increases in revenue to signifi cantly contribute to their bottom line. The market has not yet ully acknowledged MMT&rsquo s robust momentum in securing orders, promising signifi cantly increased revenue and profi t visibility in FY24 and FY25. The O& G downturn for the past seven years has also eliminated several of MMT&rsquo s competitors. MMT has one of the largest and skilled dive teams andd is thus positioned to secure delayed projects which are just resurfacing. Due to the scarcity of DSV vessels and elevated charter prices, MMT can now has pricing power. Increase in decommissioning projects. With numerous oil wells expecting to cease production in the next decade across APAC/ Thailand, MMT is a prime benefi ciary of the expected increase, as evidenced by its surge in decommissioning orders. Projects have a short life span, and MMT will have a 60%-65% current order book recognised in FY24. This excludes further contract wins. Order book winning momentum. Despite more than doubling its order book in 6 months from US$337mln in 1HFY23 to US$734mln, MMT has continued to secure multiple contracts across SEA, the Middle East and Africa to replenish its order book. We expect MMT&rsquo s win momentum to continue and the order book to cross S$1bln, giving further visibility beyond FY24. Rise in OSV charter rates. With an extensive fl eet, the operating leverage MMT that has worked against them in the past has now reversed as charter rates continue to soar. Charter rates are now near 2008 high, and any rate increase above MMT&rsquo s cost structure directly feeds into MMT&rsquo s bottom line. Older contracts entered before FY23 should also expire soon, and any new agreements made should refl ect the higher charter rates seen in today&rsquo s market. Undemanding valuations. Despite the spike in share price, MMT&rsquo s valuations continue to be undemanding and trade at 8x forward PE. Given our expected net profi t of US$25mln for FY24, we value MMT at 12.5x PE by applying a 15% discount to peer estimates PE of 14.7x due to its small-cap nature. We also look forward to a dividend surprise, which can be well supported by MMT&rsquo s current operating cash fl ow. Mermaid&rsquo s market cap stands at S$268.5mln and currently trades at 8x forward PE and 1.1x PB. Our target price stands at S$0.30 and we have a BUY recommendation on MMT
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easywin Supreme	03-Jul-2024 09:22        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lucky bought yesterday at 190 today easy money come again
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TraderBen Supreme	02-Jul-2024 17:37        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	might cover the 168 gap it left there few weeks ago.. noobnub      ( Date: 02-Jul-2024 16:48) Posted: those hear your 170 panic man sengkang      ( Date: 02-Jul-2024 16:46) Posted: Seems peakish, may revisit 170
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noobnub Supreme	02-Jul-2024 16:48        noobnub About Contact  Quote this Post!
x 0   x 0  Alert Admin	those hear your 170 panic man sengkang      ( Date: 02-Jul-2024 16:46) Posted: Seems peakish, may revisit 170
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sengkang Master	02-Jul-2024 16:46        sengkang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems peakish, may revisit 170
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noobnub Supreme	02-Jul-2024 16:44        noobnub About Contact  Quote this Post!
x 0   x 0  Alert Admin	losses bigger and bigger hahaha noobnub      ( Date: 28-Jun-2024 13:40) Posted: good price dont cut small loss become bigger loss later become even bigger losses hahah noobnub      ( Date: 27-Jun-2024 15:54) Posted: yes and i mention because now 20 205 if those have still got time to cut small loss. but can also dont cut if they want to fight. i just watch and give opinion onl
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TraderBen Supreme	02-Jul-2024 16:39        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	forced selling come liao those stucked at 21
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papayaface Supreme	02-Jul-2024 15:10        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Going lower, not time to buy yet .......... noobnub      ( Date: 02-Jul-2024 15:07) Posted: they are stuck so need other retailers to buy from them hahaha evil thing to do hahaha easywin      ( Date: 28-Jun-2024 15:20) Posted: Can see clearly short is a sure game for easy money  but why still people are buying high from b
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noobnub Supreme	02-Jul-2024 15:07        noobnub About Contact  Quote this Post!
x 0   x 0  Alert Admin	they are stuck so need other retailers to buy from them hahaha evil thing to do hahaha easywin      ( Date: 28-Jun-2024 15:20) Posted: Can see clearly short is a sure game for easy money  but why still people are buying high from bb noobnub      ( Date: 28-Jun-2024 13:37) Posted: 192 low hah
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Stocky901 Supreme	01-Jul-2024 09:44        Stocky901 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Strong buying easy huat.. don't short first 🥇 🥇
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easywin Supreme	28-Jun-2024 15:20        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Can see clearly short is a sure game for easy money  but why still people are buying high from bb noobnub      ( Date: 28-Jun-2024 13:37) Posted: 192 low haha noobnub      ( Date: 28-Jun-2024 09:48) Posted: see if will start to approach 19c.
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noobnub Supreme	28-Jun-2024 14:47        noobnub About Contact  Quote this Post!
x 0   x 0  Alert Admin	nobody is rushing in those still holding also sweat....buyers all go see other stocks hahaha
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Caesar Master	28-Jun-2024 14:19        Caesar About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why rush in to buy 192/193 when hardly any buyers below 190? FOMO ...
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noobnub Supreme	28-Jun-2024 13:40        noobnub About Contact  Quote this Post!
x 0   x 0  Alert Admin	good price dont cut small loss become bigger loss later become even bigger losses hahah noobnub      ( Date: 27-Jun-2024 15:54) Posted: yes and i mention because now 20 205 if those have still got time to cut small loss. but can also dont cut if they want to fight. i just watch and give opinion only TraderBen      ( Date: 27-Jun-2024 15:50) Posted: u sold already u can hope that it will break lor.
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noobnub Supreme	28-Jun-2024 13:37        noobnub About Contact  Quote this Post!
x 0   x 0  Alert Admin	192 low haha noobnub      ( Date: 28-Jun-2024 09:48) Posted: see if will start to approach 19c.  easywin      ( Date: 28-Jun-2024 09:47) Posted: Looks like you are right not so aggressive liao. good to shor
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papayaface Supreme	28-Jun-2024 11:22        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Oh i thought you are the BB putting up the fake queue at 195. Any way hope you get to cover your shorts at 190 i dare not short but will long at 190 instead.    easywin      ( Date: 28-Jun-2024 11:14) Posted: l' m waiting 190 to cover my short hopefully BB later remove 195 queue so to touch 190 easily papayaface      ( Date: 28-Jun-2024 10:51) Posted: You are the one queueing to buy @ 195 is it? Just withdrawal your buy queue and the price will collapse for me to buy at 19 cts lor.
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