117.68MMarket Cap0.34P/E (TTM)
0.320High0.295Low4.79MVolume0.315Open0.315Pre Close1.46MTurnover0.40052wk High2.20%Turnover Ratio392.25MShares0.11752wk Low0.895EPS TTM65.30MFloat Cap0.400Historical High0.54P/E (Static)217.68MShs Float0.117Historical Low0.551EPS LYR7.94%Amplitude--Dividend TTM1.07P/B100Lot Size--Div YieldTTM
NamCheong Stock Forum
Reached 0.30, near my target of 0.305.
$Beng Kuang - watch list (BEZ.SG)$ $Mermaid Maritime (DU4.SG)$ $PacificRadiance (RXS.SG)$
overvalued but at least the market makers are not vicious unlike Mermaid 😂. Mermaid is destroyed by market makers. in future, punters will shy away from it. 😉
Offshore service vessel (OSV) provider Nam Cheong announced a y-o-y surge in net profit to RM635.8 million in 1HFY2024 for the six months to Jun 30 compared to RM31.7 million for 1HFY2023, primarily attributable to the waiver of debts.
Revenue rose by 12% y-o-y to RM312 million, and gross profit increased by 87% y-o-y to RM146.0 million, mainly driven by improved daily charter rates and higher utilisation of larger ve...
Multi days high at $0.225 !
$0.25 next stop
The OSV sector is in play. Mermaid, Beng Kuang, Nam Cheong and Pacific Radiance. Good time to buy after the correction.
$Beng Kuang - watch list (BEZ.SG)$ $NamCheong (1MZ.SG)$ $PacificRadiance (RXS.SG)$
Will it break out of May's resistance of 0.19?
A recovery play in the offshore supply vessel (OSV) sector. Maybe its creditor, RHB Bank, has finished selling its shares. May have more upside.
$MarcoPolo Marine (5LY.SG)$ $Atlantic Nav (5UL.SG)$ $PacificRadiance (RXS.SG)$
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