RickmersMaritime   

Container ships charterer with 170+ years history

TP : 0.45 is within reach ... next monday opening market : 0.44

people finally see shipping trust value liao..

Good! but my reinvestment may have some problem .. now it is not so cheap liao !

 

 

all ship will sail to sti 2600..the more bullish 2800..BON VOYAGE TO ALL!!!!

maxtwl      ( Date: 08-May-2009 16:00) Posted: I just hopped on the 100yr old Ship! Where all other ships have sailed, this ship will sail too!

 

I just hopped on the 100yr old Ship! Where all other ships have sailed, this ship will sail too!

 

 

when market is going to recover , all industries need to ship their good around the world. Shipping is back to its prime.

Target price today for rickmer = 0.45

 

 

 

think the sea become more salted, so all ships float like mad.. market sendiment.. esp this` stock is super undervalued.. look at it highest 1.8 dollar.. and 40 % yield.. sure win stocks..

diamond chip

 

look at this ship,  the engines seem to be upgraded to turbo charged instead of diesel..

 

XD price still quite decent , seems like a bullish run already. No one seems like letting it go.. holders they are and not speculators...

hope the price stays good .. all the way to 1.78:)

 

haha hard le.. u see FSL after XD drop 0.05 liao more than what the dividend gave of abt 0.035.

 

Alligator      ( Date: 06-May-2009 12:12) Posted: freeme, first part of your wish has come true.   well i wish that after XD price remain.. haha. we sailed this same big ship. steady.. freeme      ( Date: 04-May-2009 23:43) Posted: I hope b4 XD it can reach 0.4. That will be ideal. After that fall back 0.37.. How nice...

 

freeme, first part of your wish has come true.   well i wish that after XD price remain.. haha. we sailed this same big ship. steady..

freeme      ( Date: 04-May-2009 23:43) Posted: I hope b4 XD it can reach 0.4. That will be ideal. After that fall back 0.37.. How nice...

 

Hehe .. i think the dividend for 8 mil share is about 800k this coming may ... every 10% per quarter.

i dont have that much of money :)

Chiong chiong chiong !!

Alligator      ( Date: 04-May-2009 22:13) Posted: oh yes, you are welcome to buy over the remaining 21 million shares costing just over S$8 million and then no more dumped by FMR. then joined Capital group as substantial share holder. haha. can also collect S$260K dividend after May 7..

 

I hope b4 XD it can reach 0.4. That will be ideal. After that fall back 0.37.. How nice...

 

oh yes, you are welcome to buy over the remaining 21 million shares costing just over S$8 million and then no more dumped by FMR. then joined Capital group as substantial share holder. haha. can also collect S$260K dividend after May 7..

 

thank bro for your information . i am waiting to collect these big dividend from them.

high risk high return .

however the dividend could be reinvested into more defensive stocks like SMRT or singtel or starhub ? or i will reinvested them back into rickmer...

i want to be the SSH of rickmer :) in  future haha.

 

 

RICKMERS MARITIME DIVIDEND : 010109-310309 USD 0.0214 TAX EXEMPT Ex-date 07 May 2009

 

hard to say, the FMR (FIdelity) fund had been dumpling , from their 10% holding to less than 5% holding( now no longer major shareholder). But they still hold 21040 lots and if they dump these 21 million shares some big fund or BB must pick up to sustain the price. Their HK branch dumped 37838 lots before 6 Oct 2008 creating the big frop of price from more than 1 dollar. BTW, the Capital Group buy up about 5882lots around 3April increasing their stake from5.08% to 6.47%.

freeme Veteran	Posted: 02-May-2009 09:29       Contact freeme          *  Quote this Post!
x 0 x 0 * Alert Admin	Thks.. they seems to be able to hold on to px even after ex D which is good la.. at 0.335 on mar ex was probably quite low liao.. that why didnt drop further.. Anyway I believe this counter cannot drop below 0.3, if they really did, i tink many supporter will buy up also bec of they good DPU payout..

 

In mid-September last year, it was still traded at around S$1. Current price is 77% discount from its IPO price of S$1.57 two-year ago. Personally, I feel that with distribution yield of 40%, vest in this counter is better than putting money in the banks.

 

Thks.. they seems to be able to hold on to px even after ex D which is good la.. at 0.335 on mar ex was probably quite low liao.. that why didnt drop further.. Anyway I believe this counter cannot drop below 0.3, if they really did, i tink many supporter will buy up also bec of they good DPU payout..

Alligator      ( Date: 02-May-2009 09:11) Posted: i m curious, so i check the price beforeand after ex-div date. here are the last few data: Date Ex-Div       Price  on Ex- Div    Price on Cum Div( one day b4 Ex-Div) 05 mar 2009      33.5                        33.5 27 nov 2008      40.0                         40.0 29 aug 2008       103                          103 30 may 2008      110                          110 27 mar 2008       102                          100 freeme      ( Date: 29-Apr-2009 23:51) Posted: haha... if those worry to get in nw, wait until XD, im sure the px will come dw maybe to 0.32-0.33 range. At this px, best to load up more..

 

i m curious, so i check the price beforeand after ex-div date. here are the last few data:

Date Ex-Div       Price  on Ex- Div    Price on Cum Div( one day b4 Ex-Div)

05 mar 2009      33.5                        33.5

27 nov 2008      40.0                         40.0

29 aug 2008       103                          103

30 may 2008      110                          110

27 mar 2008       102                          100

freeme      ( Date: 29-Apr-2009 23:51) Posted: haha... if those worry to get in nw, wait until XD, im sure the px will come dw maybe to 0.32-0.33 range. At this px, best to load up more..   bh704428      ( Date: 29-Apr-2009 23:48) Posted: just for casual reference, last time they wrote tp $1.22 but price fallen greatly since then. Now the same hse put tp 29 cts, so perhaps......

 

wat's yr tp to sell yr 20 lots? Btw, 1 CNA forumner posts he'll sell his only at 80cts -$1!  Me not greedy like him.

freeme      ( Date: 29-Apr-2009 23:51) Posted: haha... if those worry to get in nw, wait until XD, im sure the px will come dw maybe to 0.32-0.33 range. At this px, best to load up more..   bh704428      ( Date: 29-Apr-2009 23:48) Posted: just for casual reference, last time they wrote tp $1.22 but price fallen greatly since then. Now the same hse put tp 29 cts, so perhaps......

 

haha... if those worry to get in nw, wait until XD, im sure the px will come dw maybe to 0.32-0.33 range. At this px, best to load up more..

 

bh704428      ( Date: 29-Apr-2009 23:48) Posted: just for casual reference, last time they wrote tp $1.22 but price fallen greatly since then. Now the same hse put tp 29 cts, so perhaps...... yipyip      ( Date: 06-May-2008 23:55) Posted: TP $1.22 (from ocbc) http://www.ocbcresearch.com/Article.aspx?type=research&id=20080506103353_84462