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Mermaid Maritime
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Mermaid
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yoril_xq
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23-Jun-2009 08:49
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Can get it cheap and wait for the next wave loh! | ||
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foucs6900
Senior |
22-Jun-2009 18:09
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wah so waiting ! | ||
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dealer0168
Elite |
22-Jun-2009 16:44
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It will go bk up, no fear. Now waiting for better pricing (as i had say) to consolidate. 
(my opinion) |
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yoril_xq
Member |
22-Jun-2009 16:23
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Finally the 0.61 resistance is broken. Hahaha.. |
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yoril_xq
Member |
22-Jun-2009 11:00
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Sleep sleep sleep | ||
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Bintang
Elite |
21-Jun-2009 13:56
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No matter how's the share price is going to respond to the oil price 's fluctuation , the trend is still intact , further more , as the share price breaching the upper edge of the long term GMMA , it provides buying opportunity . | ||
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dealer0168
Elite |
21-Jun-2009 10:58
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Btw to avoid confusion, i'm refering to that the current correction may not last long......... |
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dealer0168
Elite |
21-Jun-2009 09:57
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The correction may not be long. We maybe able to get into action soon.
Just have to wait fr a while. |
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cheongwee
Elite |
21-Jun-2009 01:37
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I thk otherwise,,, i thk oil is heading higher as stock soar....then correct in summer..TA or chart is base on data of already past, serve as guide, it cannot tell the direction but just as a assumption.. those who long, shd have bought fearlessly way back in March...at 24C..but i personnaly bought at 34c to 41c, after i sold blues and put the $ in penny...current i do not long, dont worry, i thk u have a chance to buy in 2010...i trust HS Dent...dow 3800.. http://www.youtube.com/watch?v=e_JzAEzYLt4&feature=channel_page |
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dealer0168
Elite |
20-Jun-2009 22:33
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Playing stock to me is just like sending a troops for war. When go on war, have to ensure all factors favour u (for this case will refer to yr stock counter) b4 u go for it. But, remember to reserve bullets for backup.
(My opinion) |
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dealer0168
Elite |
20-Jun-2009 22:28
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I am not a shorter. I don't do shortlist. Anyway trade with yr own judgement. I'm just sharing my opinion with those people in the forum.
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jg_lim
Member |
20-Jun-2009 22:22
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you give a discouraging comment.
Are u one of the shortist. Do u kown there is turning point not shown in normal TA. :)
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dealer0168
Elite |
20-Jun-2009 21:43
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The offshore support vessel (OSV) sector (that includes Mermaid) is a late-cycle beneficiary in an upturn of the offshore oil and gas industry. Higher oil demand normally will drive this sector along. So with high oil demand, crude oil pricing picking up, this baby will move as well. But lately crude oil pricing together with commodities pricing are seems to be under correction. Thus i will say its is not time yet to pump in further more. Yes, this company has provide good earning track record, but the bad part of it is its movement can be affected by the crude oil pricing. TA charts can help project the pricing of the stock, but sometimes one must know that stock movement also need "dong feng" to sail it up as well. However, if more good news coming out of this company like (a good dong feng example): get billion/ million dollars contract from customer. >>> it will still push it up as well. Reserve the bullets for better pricing.  .
Hope got more good news coming....
Currently majority are under going correction. Be patient. Remember what u mentioned b4. And just remember we won't get stuck bc we are still at around ST index of only 2273. Statement u (cheongwee) quote b4: Honestly, sincerely...no worry...if you bought and got stuck...no worry..why?...because u are buying at sti 2271...come the future..sti 5000...your stock will have double or triple...that for sure... crise will end, nothing is forever..of course, you must buy with the ability to pick up.. but you got to buy blues and solid mid cap...not pennyies like my jade and centillion...these are for pure gambling.. you will definitely make money..even if you buy now.. nw u said ...wah...Sembmarine 2.xx....come future sti 5000...the px will be 6.xx..by then u will sure say..."aiyah..should have buy more".. i am very sure u will say that...i am sure. |
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cheongwee
Elite |
20-Jun-2009 20:25
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oil go fr 32 to 72 ,,drop to 70 ...so???..how do you expect the oil relate counter to perform,,,. wat psx u want to buy??can pls tell us...thanks.. look like u interested in SAR also...how abt SAR,,wat px u are looking at???
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dealer0168
Elite |
20-Jun-2009 08:19
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Crude oil pricing sliding........ emm baby maybe climbing down this Monday: Crude Oil, Gasoline Tumble on Increasing Motor-Fuel Supplies By Mark Shenk June 19 (Bloomberg) -- Crude oil fell more than $1 a barrel and gasoline tumbled the most in two months on speculation that supplies of the motor fuel will climb as refineries bolster output and imports gain. Gasoline inventories rose 3.39 million barrels to 205 million last week, the biggest increase since January, the Energy Department said on June 17. Total daily demand for fuels is 6 percent lower than a year ago. Crude prices advanced earlier as violence escalated in Nigeria and on speculation that fuel consumption will increase as the global recession eases. “The demand numbers are just too weak to ignore,” said Rick Mueller, a director of oil markets at Energy Security Analysis Inc. in Wakefield, Massachusetts. “The big gasoline build suggests that refiners are chasing a diminishing target.” Crude oil for July delivery fell $1.82, or 2.6 percent, to $69.55 a barrel at 2:50 p.m. on the New York Mercantile Exchange, the lowest settlement since June 8. It was the biggest decline since June 3. Futures, which are up 56 percent this year, dropped 3.5 percent this week. |
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dealer0168
Elite |
19-Jun-2009 19:00
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This baby will definately chong. But timing not up yet.
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foucs6900
Senior |
19-Jun-2009 16:04
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hope by next week will cheong up abit bah.... | ||
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dealer0168
Elite |
19-Jun-2009 15:21
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Let the price come down first............. Than all will go in.  to help push
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yoril_xq
Member |
19-Jun-2009 12:31
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BB got their fingers burnt in the correction. Now not dare to come out. | ||
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foucs6900
Senior |
19-Jun-2009 12:19
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Ai yo, super low vol today !!!! | ||
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