| Latest Forum Topics / Others |
 Post Reply
|
|
Mercator - Buy. Dividend Play - Shipping Recovery
|
|
|
christan
Senior |
05-Aug-2009 11:10
|
|
x 0
x 0 Alert Admin |
noted, why not NOL |
| Useful To Me Not Useful To Me | |
|
smilingchuan
Member |
05-Aug-2009 11:05
|
|
x 0
x 0 Alert Admin |
Typo. I mean 2 years. Mercator gave out dividends last august in 2008 and also august this year in 2009. |
| Useful To Me Not Useful To Me | |
|
|
|
|
christan
Senior |
05-Aug-2009 11:03
|
|
x 0
x 0 Alert Admin |
please advise what 3 years , listed as per below MERCATOR LINES (SINGAPORE) LTD Dec 10 2007 (Mon) 12:00 pm http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/ipos/ipo_prospectus |
| Useful To Me Not Useful To Me | |
|
smilingchuan
Member |
05-Aug-2009 10:45
|
|
x 0
x 0 Alert Admin |
Mercator at $0.34 is a good buy. Recent high was $0.44 back in early June. With shipping stocks rallying in this manner, Mercator is a safe bet. It has been giving dividends very consistently for the past 3 years. Yields around 3.1%. Not too bad. If adding in price appreciation of target Price of $0.40, this stock can give u 15% returns a year... Cheers. |
| Useful To Me Not Useful To Me | |