Latest Forum Topics /
Mermaid Maritime
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iX Biopharma
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Bowers
Member |
12-Apr-2024 17:01
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Brokers have woken up! seen 3 new reports. Seems to suggest managment have a story to tell. 3 nice niche biz with good backlog. Decom gulf Thailand and N Sea. Aramco east gulf servicing, cable laying. Boats in high demand and being repriced this year into new contracts | ||||
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tofudidi
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12-Apr-2024 16:45
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squeezing to 150 closing? | ||||
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TraderBen
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12-Apr-2024 16:13
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151 resistance could be the road block for now. its a 6 year high.. resistance will be strong.. but once break.. 20 cents is the next target.. lets see when | ||||
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TraderBen
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12-Apr-2024 16:09
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i wouldnt mind it take its own sweet time as well.. but i am sure there will be a period of down before it gets up again.. so i will stay put rather than to time the ups and downs.. by end of the year can hit 25 cents notbad alrdy
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paperhandsallday
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12-Apr-2024 16:06
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like u say lor. 30 cents. hahaha but rex took 2 years. mermaid 2 mths
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TraderBen
Supreme |
12-Apr-2024 15:54
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if rex can hit 50 cents during the play.. i dont see why mermaid cant hit 30 cents.. but like i say.. know when to exit..
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TraderBen
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12-Apr-2024 15:43
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2m road block at 150 lol
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TraderBen
Supreme |
12-Apr-2024 15:38
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there is an article mentioning decommisioning is gonna be the sunrise trade for the next 5-10 years as most of the wells have reach peak capacity and need to be decommisioned. and just gulf of thailand alone have more than 6000 wells. and the fact is mermaid is based in thailand and well expertised in this line. no brainer to decide who to award to contract to. and parent company willing to fork out 55m loan shows their confidence in the co' s recovery. current orderbook stands at over 700m. another major contract will bring the order book over 1m. and give it a safe margin of5% will bring in 50m cash. that will build the cash chest for the company like dynamac. i have been buying since 0.06 to 0.08 . chances of multi bagger dont always come by.. DYODD  
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ody2004
Senior |
12-Apr-2024 14:46
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148...
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paperhandsallday
Member |
12-Apr-2024 14:42
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ya la so its valuations la. can just say for the benefit of all here mah. i see mermaid turnaround from their earnings. but no idea FY24 can report what profit. from what I see, 1Q24 seems to be seasonally weaker
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TraderBen
Supreme |
12-Apr-2024 14:22
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com on i am analysing based on valuations. samudera is shipping company. the freights hit peak and reversed back to the norms now. just like med counter during the covid. as for comparing mermaid to marco polo. its obviously that the market cap is similar at current share share price for both and that make sense for the respective valuations. MP did run up from 1.5 cents to almost 7 cents now which is more than 4X alrdy
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sengkang
Master |
12-Apr-2024 13:53
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UOB Kay Hian sees all-round growth and better margins for Mermaid Maritime- reported by Edge.sg Friday 12 Apr 2024 |
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tofudidi
Supreme |
12-Apr-2024 13:48
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Looks like bb is ready to push above 150.. | ||||
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ody2004
Senior |
12-Apr-2024 13:30
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151 coming | ||||
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Sgvale
Supreme |
12-Apr-2024 12:04
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Up strongly recently | ||||
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paperhandsallday
Member |
12-Apr-2024 12:00
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then might as well say ask myself why samudera can sit on $1.33 at the peak. and then ask myself why tidewater hit $100. then the answer is obvious mermaid can go to $100? LOL on the flip side, ask myself why marco polo 7 cents. means mermaid go down to 7 cents? or marcopolo fly up. 
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ody2004
Senior |
12-Apr-2024 11:25
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Round 2..  fight! | ||||
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ody2004
Senior |
12-Apr-2024 10:30
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CEO no support mah! whahahahahha.. but holding firm lah
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TraderBen
Supreme |
12-Apr-2024 10:10
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mermaid up so slow.. but LS faster than BK.. | ||||
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TraderBen
Supreme |
12-Apr-2024 09:50
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now all pennies charging .. usually they are the last to run before any correction or crash.. i am locking in profits before may.. believe the SELL IN MAY AND GO AWAY.. | ||||
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