Latest Forum Topics /
Mermaid Maritime
Last:0.102
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Mermaid Maritime
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Stocky901
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28-Oct-2021 11:49
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Oil no good. Wait for below 90 safer.
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whylikethat
Veteran |
28-Oct-2021 11:41
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Now 97 can buy? | ||||
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SteveLim
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27-Oct-2021 19:57
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Got some today. Will give this counter a chance to shine. Will keep and wait for next year result announcement. | ||||
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trader1970
Elite |
27-Oct-2021 11:14
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Agreed, collected more around 99/100..  This gem hasnt finished swimming to its destination yet..  
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kiattttt
Veteran |
27-Oct-2021 11:09
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Collect at any weakness | ||||
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TraderBen
Supreme |
27-Oct-2021 10:05
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likely will drop below 100 today.. good chance to enter.. | ||||
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trader1970
Elite |
27-Oct-2021 09:20
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102/103 cheap price to enter.. WATCH..:):):)
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SteveLim
Member |
26-Oct-2021 22:57
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Broke 52 weeks high of $0.101. New support level $0.102. Will que buy $0.102 to buy tommorow | ||||
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BraunB81
Member |
26-Oct-2021 15:41
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good luck to you. pity for mermaid that nobody does technical analysis for this stock, otherwise would love to hear opinions from TA experts on their views esp from those who got it right most of the time
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TraderBen
Supreme |
26-Oct-2021 15:33
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I believe you have done your homework on mermaid. during the oil downturn. not many survived. last few years losses are partly non cash. so financially, they are still good for now. prob thats the reason they are holding back on the 7 cents rights issue. initialy they planned it at 8 cents but later reduced it due to poor sentiments. for now, we cannot rule out rights price changing again. prob to a higher price but lower ratio which can yield the same amount with lower dilution to the share holders. its never wrong to cash out on profits. but i am going to ride this wave to a higher level. GOod luck.
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BraunB81
Member |
26-Oct-2021 15:20
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hope you are right, though I sold the bulk of my holdings in Mermaid today, still have a little left just in case it were to make a dash upwards. I believe not many here are vested in Mermaid so this thread is rather quiet, but from what I see, the oil market is definitely improving with projects starting to come in. Thing is that for Mermaid, they sold off their shares in AOD last year and now only a few vessels left as asset. The recent 120M award across 3 locations is not a large sum, I believe margin is very low and there is a risk of cost overrun (not sure if it' s lump sum award or reimburseable). They have been losing hundred over M past couple years and with a reduced fleet and no more AOD, and with another round of potential right at 7 cents, risk is too big for us. That said, stocks run either way regardless of fundamentals so make your own decision as this is only my personal opinion, which is the reason I decided to cash out, leaving a bit to either lose abit or earn abit more in the end.
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trader1970
Elite |
26-Oct-2021 11:32
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BB now garnering power... Shortists be nimble and take cover.. :( | ||||
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Grubber
Elite |
26-Oct-2021 10:23
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target hit, move to another oily
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trader1970
Elite |
26-Oct-2021 10:21
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To shortists, once break 107, quickly cover bac.. It may charge towards 116.. 
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trader1970
Elite |
26-Oct-2021 09:53
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If short, be nimble.. a few pipes buy back, this BBs are strong and " LONG" ...  
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ozone2002
Supreme |
26-Oct-2021 09:33
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Last:0.105        +0.009looks like will hit target soon at the rate it' s gg gd luck dyodd
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TraderBen
Supreme |
26-Oct-2021 09:32
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Dyna- MAc used to play big bro to mermaid.. but now things turned around.. Lets be the big bro! | ||||
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eric998
Supreme |
26-Oct-2021 09:32
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laggard oil play.. finally BBs pushing... should have loaded more but no bullets.. Dyna mac next? loaded below 10 for both.. now waiting for kopi money... HUAT!! | ||||
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TraderBen
Supreme |
26-Oct-2021 09:31
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no resistance all the way to 150..OMG.. amazing..
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trader1970
Elite |
26-Oct-2021 09:27
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If short, be nimble.. This BB wants to push it high and be multi-bagger like sinja.. Wont be surprised there will be some news ahead..
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