"There's at least 50 years of business ahead in this area": Singapore listco gears up for opportunities
Mermaid Maritime is capturing new opportunities that are surfacing in the oil & gas industry it serves.
A large opportunity is decommissioning work on oil & gas production facilities out at sea, increasingly numbers of which have reached, or are reaching, the end of their productive life.
Lim & Tan Securities' recent initiation report spells out other favourable dynamics: MERMAID MARITIME: Stock has risen 100% year-to-date. Analyst says it potentially can go up another 50% to 0.30.
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