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Mermaid Maritime    Last:0.105    -0.004

Mermaid

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cheongwee
    24-Aug-2009 15:36  
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this one will be better than SAR...buy now..not late
 
 
cheongwee
    24-Aug-2009 15:35  
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no regret to move to Mermaid, having sold SAR last 20 lots at 2.13...

now me holding this one more than i hold SAR...

this will be the 9 course in a 10 course dinner....you know at chinese wedding dinner...the last one is a dessert..

i hate dessert...it is too sweet..to believe...i take leave end of 9 course...before late summer..
 
 
cheongwee
    24-Aug-2009 15:30  
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those who are still holding...hold dont sell cheap..

look like big pay day for me...i was right ..by putting most of vested sum (60%) here..

if you want. pls buy your way up...till it turn down..

remember dont sell cheap...got a lobng way to go..

look at SAR..i told those guy still in SAR to move into mermaid..hope they did...

 

20-Aug-2009 19:01 Straits Times Index   /   STI to cross 3000 boosted by long-term investors      4Go to Message
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sorry,shd be Mon and Wed...mrket lau sai day...BB collecting cheaply ..not Mon and Tues..

Going forward Mermaid will run faster than SAR..like i posted before..

you see ...analyst have a fair px of 3.0 and another one say 2.7...so we can roughly say SAR fair value is ave 2.8....so roughly nw the px is 2.3...

and if the fair px is 2.8..ppl will only be willing to buy up to 2.6 the most...so 2.3 to 2.6 is 13%...upside

so even if SAR is go fr 2.3 to 3.0,it is some 30%

and if u compare Mermaid fr 80.5c(when i make the call) to 1.05...also 30%

which is more likely and easily to materialise....SAR...2.3 to 3 or Mermaid fr 80.5 to 1.05

Mermiad of course....but that does not means SAR is lousy, only that fr now it is heavy...will not move as fast as Mermaid, where the smart monay are at the moment..

that is why i sold SAR and put most of my money on Mermaid...

But for Li Heng...the longer it stay at ard 27c the higher it will catapult later.....like a spring, push down, the longer u hold, the more powerful will be the spring force when you let go...

we have no much time left to play.....
 

 
pointer
    24-Aug-2009 15:25  
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Look @ how fast this is swimming...:)
 
 
cheongwee
    24-Aug-2009 13:25  
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look like lucky to have pool all total 60% into this counter..

if your counter is stalk...not going places...faster twist to those which are running..

no much time left....make hay while the sun shines...

sun is going down soon...long nite upfront...
 
 
victorian2
    23-Aug-2009 23:06  
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Mermaid.. looksed strong on friday.. given the gap up on thursday..

let's hope there is another run without retracements this trading week to hit $1.
 

 
cheongwee
    15-Aug-2009 14:30  
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1.80 ..i am bonker...thanks,,,u must be vested right?...ho say loh..

Welcome to www.FreeSmileys.org


desaw68      ( Date: 15-Aug-2009 14:27) Posted:

News from DJ <<Mermaid Target Raised To S$1.80 From S$0.81 By Macquarie>>

 
 
desaw68
    15-Aug-2009 14:27  
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News from DJ <<Mermaid Target Raised To S$1.80 From S$0.81 By Macquarie>>
 
 
cheongwee
    14-Aug-2009 15:38  
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I thk my Mermaid is heading for 1 buck...those who jump to other counter must be regreting. but i hope the counter they twist to are giving equally good return...
 
 
cheongwee
    14-Aug-2009 15:08  
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my Mermaid is swimming upstream on a friday, so easy to swim, the river is not crowded

but my other fish,  Qianhu is still sleeping..i wonder when will be it start to swim...and upstream, not down..

if you go to Qianhu farm, pls call Kenny to stop smoking so all his fish can swim....
 

 
Bintang
    06-Aug-2009 13:59  
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Hi NEWBA  , few months ago I'd mentioned this counter which was only 40+ cents , then all are  happy to make some money now . In fact , all the oil n gas counters are doing very well . If u want to take the risk , u can buy small amount n set your stop-loss , in my opinion , they will still perform well until the oil price goes to US$100 .

NEWBAB      ( Date: 04-Aug-2009 22:10) Posted:

Hi Bintang,

I have never bought this counter before, but recently has been monitoring this counter.  May I know what is the good entry level since I missed the price at 0.67 last week when I was very tempting to go in.

Thanks for your valuable advice again.

 



Bintang      ( Date: 04-Aug-2009 17:18) Posted:

Hi victorian2 , since u r investing in mermaid , this is my advice , always buy when it retreats n hold for a longer term , for this a good counter with sound fundamental n uptrend is intact , u would see the result in the near future


 
 
fartist
    06-Aug-2009 11:34  
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Any idea when their quarter report is coming out? Sembmarine just reported and it did pretty fine.
 
 
NEWBAB
    04-Aug-2009 22:10  
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Hi Bintang,

I have never bought this counter before, but recently has been monitoring this counter.  May I know what is the good entry level since I missed the price at 0.67 last week when I was very tempting to go in.

Thanks for your valuable advice again.

 



Bintang      ( Date: 04-Aug-2009 17:18) Posted:

Hi victorian2 , since u r investing in mermaid , this is my advice , always buy when it retreats n hold for a longer term , for this a good counter with sound fundamental n uptrend is intact , u would see the result in the near future .

victorian2      ( Date: 04-Aug-2009 12:00) Posted:

Bintang,

Have been trading the counter since last week. just kept buying in at the intra da high and selling at the mid levels of the intra-day highs. Profitable though so I'm not really complaining. Not prices not low enough to buy in significantly unlike 2 months ago. One of those major misses when the counter retaced back to 50cs... I didn't buy. Bought in at 67 to 70c and 79c yesterday.

 



 
 
Bintang
    04-Aug-2009 17:18  
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Hi victorian2 , since u r investing in mermaid , this is my advice , always buy when it retreats n hold for a longer term , for this a good counter with sound fundamental n uptrend is intact , u would see the result in the near future .

victorian2      ( Date: 04-Aug-2009 12:00) Posted:

Bintang,

Have been trading the counter since last week. just kept buying in at the intra da high and selling at the mid levels of the intra-day highs. Profitable though so I'm not really complaining. Not prices not low enough to buy in significantly unlike 2 months ago. One of those major misses when the counter retaced back to 50cs... I didn't buy. Bought in at 67 to 70c and 79c yesterday.

 



Bintang      ( Date: 04-Aug-2009 06:56) Posted:

Good morning  victorian2 , in fact mermaid would not go into correction in the near term , it would have only intra day retracement n is good for going up further , let the profit grows but set tight stop loss protection


 
 
victorian2
    04-Aug-2009 12:00  
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Bintang,

Have been trading the counter since last week. just kept buying in at the intra da high and selling at the mid levels of the intra-day highs. Profitable though so I'm not really complaining. Not prices not low enough to buy in significantly unlike 2 months ago. One of those major misses when the counter retaced back to 50cs... I didn't buy. Bought in at 67 to 70c and 79c yesterday.

 



Bintang      ( Date: 04-Aug-2009 06:56) Posted:

Good morning  victorian2 , in fact mermaid would not go into correction in the near term , it would have only intra day retracement n is good for going up further , let the profit grows but set tight stop loss protection .

victorian2      ( Date: 04-Aug-2009 06:03) Posted:



Bintang, tks

For 5 straight days, counter always hits intra day high before retracing to settle at a price that is always higher than the day before. Yesterday was no exception. The buying and selling is really fierce now. Do u see any major retacement on the cards?


 

 
victorian2
    04-Aug-2009 11:24  
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at 11.24am. pretty clear CK is in a accumulation mode at 80c. very thin buyers at 80c and below.....

ChongWee, mermaid is really a solid trading counter. Unfortunately for me too many other distractions esp with Achieva, SMB looking pretty set for blast off

 
 
 
cheongwee
    04-Aug-2009 08:45  
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By month end, i thk this one easily 1.0 to 1.2...vested...BAYOR.(buy at your own risk)..what is the risk? the risk of no enough pocket to put your profit in......hahahahaha
 
 
Bintang
    04-Aug-2009 06:56  
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Good morning  victorian2 , in fact mermaid would not go into correction in the near term , it would have only intra day retracement n is good for going up further , let the profit grows but set tight stop loss protection .

victorian2      ( Date: 04-Aug-2009 06:03) Posted:



Bintang, tks

For 5 straight days, counter always hits intra day high before retracing to settle at a price that is always higher than the day before. Yesterday was no exception. The buying and selling is really fierce now. Do u see any major retacement on the cards?

 
 
wongmx6
    04-Aug-2009 06:12  
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Info:

Either Saturday or Monday Business Times listed that one of its Director offloaded a rather big sum of share.
 
 
victorian2
    04-Aug-2009 06:03  
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Bintang, tks

For 5 straight days, counter always hits intra day high before retracing to settle at a price that is always higher than the day before. Yesterday was no exception. The buying and selling is really fierce now. Do u see any major retacement on the cards?
 
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