182.32MMarket Cap16.13P/E (TTM)
0.132High0.121Low8.33MVolume0.122Open0.122Pre Close1.07MTurnover0.23552wk High2.66%Turnover Ratio1.41BShares0.08752wk Low0.008EPS TTM40.39MFloat Cap2.207Historical High14.33P/E (Static)313.07MShs Float0.037Historical Low0.009EPS LYR9.02%Amplitude--Dividend TTM0.78P/B100Lot Size--Div YieldTTM
Mermaid Maritime Stock Forum
CGS Intl reiterate their Add call, with a lower TP of S$0.16 from S$0.20 on reduced net profit expectations. Key catalyst: announcement of new order wins.
3Q24 revenue was down slightly qoq on completion of decommissioning contracts in the UK and Thailand, partially offset by stronger cable-laying.
We broadly maintain FY24F-26F gross margin estimates but reduce revenue forecasts on lower fleet utilisation and decommissioning order assumptions.
Excluding forex loss of U...
Mermaid may fall to support around 0.115.
$NamCheong (1MZ.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$
Mermaid rebounded at 0.132 as expected.
Nam Cheong may fall to around 0.335 before rebounding.
Mermaid may fall to around 0.132 before rebounding.
$Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$
OSV players
$Beng Kuang (BEZ.SG)$
Beng Kuang Marine is set to exit from the watch-list on Oct 15. It may celebrate by rallying.
$NamCheong (1MZ.SG)$ $PacificRadiance (RXS.SG)$ $Mermaid Maritime (DU4.SG)$
On 16 Oct, 3 companies in the offshore energy space will present at the SGX auditorium (see details below). To attend for free, visit the SGX website.
MERMAID, MARCO POLO, SHEFFIELD GREEN to present at SGX Auditorium on 16 Oct
Very close to the 0.50 I expected now.
$Mermaid Maritime (DU4.SG)$ $Beng Kuang (BEZ.SG)$ $PacificRadiance (RXS.SG)$
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