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RickmersMaritime   

Container ships charterer with 170+ years history

 Post Reply 41-60 of 670
 
commando
    01-Apr-2010 15:19  
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sold too early liao la!!!!!!!!!
 
 
commando
    01-Apr-2010 15:15  
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how come the surge!
 
 
pharoah88
    01-Apr-2010 15:12  
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Thursday, 1st APRIL 2010  3:12PM

APRIL  FOOL  is  HERE
 

 
june_snowy
    01-Apr-2010 15:02  
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Gosh... Things went wrong today.. Short 30lost @ 0.29 today during lunch time.

Now, standing firm at 0.325... Sob sob... lost ard 1K already. Any advise to buy back now or wait till end of the day?
 
 
Bon3260
    01-Apr-2010 13:45  
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MISCELLANEOUS
* Asterisks denote mandatory information
 
Name of Announcer * RICKMERS MARITIME  
Company Registration No. N.A.  
Announcement submitted on behalf of RICKMERS MARITIME  
Announcement is submitted with respect to * RICKMERS MARITIME  
Announcement is submitted by * Lynn Wan Tiew Leng  
Designation * Company Secretary  
Date & Time of Broadcast 01-Apr-2010 13:37:56  
Announcement No. 00057  
 
 
>> ANNOUNCEMENT DETAILS
The details of the announcement start here ...
 
Announcement Title * RICKMERS MARITIME PROVIDES CLARIFICATION REGARDING TRADEWINDS ARTICLE  
 
Description
Please see attached.  
 


 
Attachments
Total size = 48K
(2048K size limit recommended)
 
 
christan
    31-Mar-2010 09:44  
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if no $ to pay installment, then fire sale of vessels @ 50 % discount or higher cos desperate even though vessel can earn $
 

 
pharoah88
    31-Mar-2010 09:39  
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flOwers  PERiSH

trEEs  LAST
 
 
nickyng
    30-Mar-2010 19:52  
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did any1 use CFD to short this burger since end of last week? hee... :D
 
 
pharoah88
    30-Mar-2010 16:40  
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these NEW GiRLS  grOw  Older  by the day.

Tuesday, 30 March 2010  4:39PM

S$0.260   -S$0.15
 
 
grandmaster89
    30-Mar-2010 16:07  
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Isn't it the same with anything ? If property or stocks (assuming the company holds on to it) or inventories (like steel) crashes, the company equity will be hit. While vessels are not affected by fair value loss or gain in the financial statements since they are not fungible, the bankers have the LTV covenants with regards to their loans. 

In a business trust, NAV is more or less meaningless since the trust has no intention of ever selling the asset. It's only intention is to ensure that the asset continues to provide stable and recurring income. 



christan      ( Date: 30-Mar-2010 15:38) Posted:

if vessel value drop 50%, it equity is nothing , become negative. so will the share price become $0.005

 

 
christan
    30-Mar-2010 15:38  
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if vessel value drop 50%, it equity is nothing , become negative. so will the share price become $0.005
 
 
grandmaster89
    30-Mar-2010 15:34  
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Same with vessels - buy when the price is at its bottom (like now) :)

christan      ( Date: 30-Mar-2010 15:22) Posted:

for private, u dun buy @ property peak 

for flat, buy from HDB , then property will indeed appreciate



grandmaster89      ( Date: 30-Mar-2010 15:14) Posted:

Property also depreciates...

Property tend to give 4-6% return on their asset value while vessels give between 10 to 13% return on their assets. So it cancels out.



 
 
christan
    30-Mar-2010 15:22  
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for private, u dun buy @ property peak 

for flat, buy from HDB , then property will indeed appreciate



grandmaster89      ( Date: 30-Mar-2010 15:14) Posted:

Property also depreciates...

Property tend to give 4-6% return on their asset value while vessels give between 10 to 13% return on their assets. So it cancels out.



christan      ( Date: 30-Mar-2010 15:01) Posted:

dun forget , ship like car depreciate every day not like property


 
 
grandmaster89
    30-Mar-2010 15:14  
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Property also depreciates...

Property tend to give 4-6% return on their asset value while vessels give between 10 to 13% return on their assets. So it cancels out.



christan      ( Date: 30-Mar-2010 15:01) Posted:

dun forget , ship like car depreciate every day not like property

 
 
christan
    30-Mar-2010 15:01  
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dun forget , ship like car depreciate every day not like property
 

 
pharoah88
    30-Mar-2010 12:03  
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SHIP  HUSBANDRY  is  nOt  chEap.

these  GiRLS  are  EXPENSIVE  to  MAinTAiN.



commando      ( Date: 29-Mar-2010 23:04) Posted:

can buy at this price? waiting for white knight? I dun think it will just collapse

 
 
commando
    29-Mar-2010 23:04  
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can buy at this price? waiting for white knight? I dun think it will just collapse
 
 
pharoah88
    29-Mar-2010 16:31  
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WiLL  FSL  and  PST  be  the  WHITE  KNIGHTS  to  RMT ?
 
 
pharoah88
    29-Mar-2010 16:03  
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lOsing  EnErgy....

lOsing  live ?
 
 
freeme
    29-Mar-2010 16:00  
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haha dun bet on that.. if case close, then it can be suspense then delist.. wont hit 0.005

christan      ( Date: 29-Mar-2010 11:03) Posted:

so buy @ $0.005 and achieve a multi baggers. hahaha

pharoah88      ( Date: 29-Mar-2010 10:00) Posted:

iF  eQuity  is  WiPED Off,

the  wOrst  it  can  gO  is  S$0.005 ? ? ? ? ? ? ?



 
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