Latest Forum Topics /
Mermaid Maritime
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We hldgs
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sengkang
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14-Jul-2023 11:40
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Trading interest returning to this O& G offshore counter. Results for 2Q 2023 could be optimistically interesting. Crossed 8c today.
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TraderBen
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12-Jul-2023 10:44
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if noone wants to use mermaid to leverage on the current O& M wave.. i am speechless.. | ||||
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TraderBen
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12-May-2023 10:13
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1Q results likely out tonight.. from what i see.. no prop traders in.. meaning results likely to be below par.. prob still in red..hold on for the remaining of the year.. turn around should be soon..downside risk limited.. upside multi bagger like dyna mac..  DYODD |
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TraderBen
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11-Apr-2023 06:36
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If u look at the statement from the chairman during their AGM recently. Their intentions are quite clear. They are pivoting towards clean energy while hooking up old customers that not been with them for the last 4 years. Revenue infact jumped about 300% from 2020. Shows how much they are in the business now. By calling off a rights issue at 7 cents during Covid seems to make sense for them now in order not to dilute their own holdings. Hope the can deliver value to the shareholders by giving out dividends when the profits return for fy2023 | ||||
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Bowers
Member |
10-Apr-2023 15:25
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The stock is illiquid and largely controlled by Mahagitsiri family. 85%. Their intentions are not clear. Its a ME play really, and any ME bourse would value it much higher with a healthy oil market and all the major ME countries expanding capacity. Note Sub Sea will also benefit from cable laying, offshorewind, CC, and well head clean up activities. Operating Assets have appreciated very significantly past 12 months not reflected at MMT | ||||
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sengkang
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10-Apr-2023 12:08
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Cyclical stock. Past 2-year high is 11.0c and low is 6.2c Covid caused oil prices to drop resulting in under-investment of oil exploration and devt for past 3 years. Now post-covid, fundamental question is - are we on the up or down cycle? Then draw own conclusion and decide.
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TraderBen
Supreme |
10-Apr-2023 10:04
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Simply wall street if you dont pay for the premium you only get limited information, and its just a gauge. for more information. lookinto the company s profile and track records. This stock is currently at its lowest points and limited downside unless something catastropic happen. (eg all the ships sink and dissapear)  NAV USD12 cents. coming back into black after a few years of losses.. i am betting on a turnaround as oil and gas services are underinvested. and now they couldnt pump more oil because of these issues whereby mermaid is experts in new cable layings and decommissioning of oil pipelines.  No matter what there are all kinds of risks in investing. even the safest might not be guaranteeed. DYODD. i am in for mermaid for the 2-3 yr outlook at least
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vicloo
Supreme |
10-Apr-2023 07:35
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👍 👍 👍 all seems good, only negative I can see so far is the size of company is small. Simply wallstreet commented "it doesn't have a meaningful market cap"
Not sure what's your thoughts on this.
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Bowers
Member |
09-Apr-2023 20:51
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This is great play on aramco in saudi going offshore.
Nice turnaround coming. Way below book. |
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TraderBen
Supreme |
03-Apr-2023 14:43
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those wanna play O& G should look into mermaid.. the only few left who had not move abit since the rest moving up last week. Returning into black is a good sign of things to come.. DYODD |
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spursfan
Supreme |
27-Feb-2023 19:11
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Return to the black with 338k profit
https://links.sgx.com/1.0.0/corporate-announcements/W4RROSU073DICW9I/748038_MML_FY2022_Financial%20Report_20230227.pdf |
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TraderBen
Supreme |
16-Feb-2023 14:22
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Hopefully they are able to clinch more contracts from aramco who says under investments in O&G needs to be rectified.. | ||||
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ruready
Supreme |
13-Feb-2023 16:34
Yells: "Follow the micro penny , May be this is the last train" |
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Old already is it, no more turbo | ||||
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sengkang
Master |
13-Feb-2023 15:59
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Some mild tingling action today. Crude oil hovering around US$85+ per bbl. Any news? |
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Everyday
Elite |
20-Jan-2023 16:31
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Vol 1.6m as at 4.29pm. Strong activity these few days. Maybe after CNY may shoot up... | ||||
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Everyday
Elite |
20-Jan-2023 10:04
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Big barrier at 0.085 (1.791m).If it burst..the fountain will shoot up.... | ||||
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Everyday
Elite |
19-Jan-2023 16:01
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The last financial quarter ended Dec 2022. Hope for good results. As at 4pm vol 2.072m. Price at 0.084. Big wall at 0.085 for 1.659m. |
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sengkang
Master |
19-Jan-2023 15:47
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Some trading interest today. Hit 8.4c so far. Energy and offshore rotational play? Some good news flow in the air? |
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Everyday
Elite |
03-Dec-2022 04:16
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Agree.A Great next week![]()
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sengkang
Master |
02-Dec-2022 22:50
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Today (2/12/22) volume of 3.358m shares traded. Closed at 8.0c. Momentum hopefully can be sustained next week.
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