SG Stock MarketDetailed Quotes
DU4 Mermaid Maritime
- 0.138
- -0.001-0.72%
10min DelayMarket Closed Aug 26 17:04 CST
195.04MMarket Cap9.86P/E (TTM)
0.142High0.137Low6.27MVolume0.140Open0.139Pre Close877.29KTurnover0.23552wk High0.44%Turnover Ratio1.41BShares0.07552wk Low0.014EPS TTM195.04MFloat Cap2.207Historical High15.33P/E (Static)1.41BShs Float-0.153Historical Low0.009EPS LYR3.60%Amplitude--Dividend TTM0.86P/B100Lot Size--Div YieldTTM
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Mermaid Maritime Stock Forum
Mermaid may break out of the downtrend line around 0.143 and reach resistance around 0.15 before breaking out.
$Beng Kuang - watch list (BEZ.SG)$ $Nam Cheong (N4E.SG)$ $PacificRadiance (RXS.SG)$
Mermaid may bottom around the 0.132-0.133 support. The MA200 also provided support. It may rally once it breaks out of the downtrend line and the resistance around 0.15.
The net profit in 2Q2024 dropped by 9.4% YoY due to higher in-planned financial cost. This cost may be one-off. The net profit may be higher going forward.
$Beng Kuang - watch list (BEZ.SG)$ $Nam Cheong (N4E.SG)$ $PacificRadiance (RXS.SG)$
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...
Indeed a big 1st Half results turnaround. From a loss to profit after tax of more than USD3 mil. Usually the 2nd half results are stronger. Looks like Lim &Tan analyst projection is on track since 1st half revenue is already about usd250mil. Would we see 20-22 cts per share soon?
results not announced. price is up. looking positive. 19 cts - 21cts?
when is 1st half results? hopefully it will announce dividend.
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 dynam...
May rebound from support around 0.15.
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