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Mermaid Maritime
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Mermaid Maritime
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sengkang
Master |
14-Nov-2025 10:44
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New support level at 130~131. Buy buy and bye bye....  :}} |
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superstartup
Supreme |
14-Nov-2025 10:27
Yells: "Enjoy doing Fundamental Research" |
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Me buying 132. No need use 100 shares sale to test who buying. |
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TraderBen
Supreme |
14-Nov-2025 09:50
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everyone getting out.. they finished using the rights proceeds.. so fast.. next Q sure loss again.. DYODD |
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longterminvestor
Master |
14-Nov-2025 09:27
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You mean Mencast?
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Everyday
Elite |
14-Nov-2025 03:00
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3Q 2025 OVERVIEW 4 Total revenue for the three-month period ended 30 September 2025 (&lsquo 3Q 2025&rsquo ) was USD 153.4 million. This represented a quarter-on-quarter (&lsquo QoQ&rsquo ) increase of USD 41.0 million compared to the three-month period ended 30 June 2025 total revenue of USD 112.4 million, and a year-on-year (&lsquo YoY&rsquo ) increase of USD 3.2 million compared to the three-month period ended 30 September 2024 total revenue of USD 150.2 million. The QoQ increase in revenue arose from an increase of USD 1.4 million from the Subsea IRM segment, USD 0.6 million from the Cable Lay segment, and USD 39.0 million from the T& I and Decommissioning segment. The YoY increase was driven solely by the T& I and Decommissioning segment of USD 13.1 million, while the Subsea IRM and the Cable Lay segments fell by USD 3.9 million and USD 6.0 million respectively, mainly due to a subsea vessel mobilizing between projects during the middle of 3Q 2025, and the completion of a cable lay project in August 2025. 3Q 2025 EBITDA was USD 24.1 million, being QoQ and YoY increases of USD 24.0 million and USD 13.4 million, respectively. The primary reason for these increases was Mermaid&rsquo s improved operational efficiency on a key Decommissioning project, achieved through experience gained from performing similar Decommissioning work in the past months. In 3Q 2025, Mermaid Group delivered a turnaround performance, earning a net profit of USD 16.6 million. This reflects a significant QoQ improvement of USD 24.3 million, and a YoY increase of USD 15.5 million. Net cash earned from operating activities for the nine-month period ended 30 September 2025 was USD 5.0 million. During the period, the Company successfully issued 477,414,333 ordinary shares through a rights offering, raising net proceeds of SGD 56.1 million, or approximately USD 43 million. The total order book was USD 642 million as of the end of September 2025. Mermaid Group has secured multiple project awards across the Middle East, Southeast Asia, the North Sea, and Western Sub-Sahara, covering both shortterm commitments and long-term contracts extending through to FY2036. On the balance sheet, the Group had a current ratio of 1.24x and a debt-to-equity (D/E) ratio of 0.46x. https://links.sgx.com/1.0.0/corporate-announcements/RGXEBOE3OON3XITA/34a6e6ffa90fd2c0b0eab305dc7bf9b8b8898063645a306d8b79bc383af2bc8a   |
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sengkang
Master |
27-Oct-2025 15:41
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What' s happening to this forgotten O& G stock hah? | ||||
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noobnub
Supreme |
26-Sep-2025 09:36
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since you dumped i Q 128 slowly start accumulating
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sengkang
Master |
23-Sep-2025 09:57
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Some buying strength up to 137 this morning. Will this momentum continue? |
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Newbie85
Veteran |
22-Sep-2025 21:59
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Yes. Looking to load up some since profit from Starlink today too:
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sengkang
Master |
22-Sep-2025 18:48
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Maybe taking leads from ASL Marine?
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Newbie85
Veteran |
22-Sep-2025 17:53
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Looks like have to watch mermaid closely tomorrow
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TraderBen
Supreme |
22-Sep-2025 14:39
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dumped back to the square one faster than i expected.. shiiityy stocks wont make it one.. DYODD
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TraderBen
Supreme |
19-Sep-2025 15:25
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pump and dump as expected..  | ||||
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Newbie85
Veteran |
17-Sep-2025 08:26
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Oil broke up nicely. Mermaid should continue its journey like asl.  | ||||
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sengkang
Master |
16-Sep-2025 09:52
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Done 143 so far   next target 160 Huat ah.....
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sengkang
Master |
15-Sep-2025 16:57
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Lai liao | ||||
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TraderBen
Supreme |
15-Aug-2025 09:12
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YES Mr Bear, ALL OUT AT 124.. BYEBYE MERMAID
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MrBear12
Supreme |
15-Aug-2025 08:24
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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BEN, If we like Maritime just go for the BIG ones. Small fries get fried like ikan bilis
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piscesmonkey
Supreme |
14-Aug-2025 23:13
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Now contract news VS result loss news see how react tmr
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TraderBen
Supreme |
14-Aug-2025 22:58
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Full of sheeet leh.. still losing money.. it was forever so promising when they got 600-800 m projects 2 yrs ago.. until now leh? Every Q still losing money. Worse than the construction companies. I had enough of mermaid. I am totally out for good tomorrow. Left 200 lots after dumping a huge chunk. There are lots of better companies out there.
DYODD |
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