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Mermaid Maritime
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Mermaid Maritime
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178investors
Veteran |
24-Oct-2007 01:59
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The SMs are accumulating, don't miss this boat. Let's proper together...cheers! |
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AT01167
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22-Oct-2007 22:16
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Would it be a good time to invest now ? |
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teeth53
Supreme |
22-Oct-2007 20:30
Yells: "don't learn through life, learn to grow with life " |
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Like every other stocks. Mermaid closed 8.7% lower Mermaid Last:$2/- Vol:6,222,000 mil -0.19 pt as STI also closed down
STI: 3,642.64 points Vol:2,527,700 mil -105.34 pt
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Pinnacle
Master |
22-Oct-2007 08:57
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Doubt this news is going to save this counter for today. Mermaid Maritime Public Company Limited wishes to announce that its newly incorporated subsidiary, Mermaid Kencana Rig 1 Pte. Ltd., has on 19 October 2007 issued a letter of award and will be entering into a contract with Kencana HL Sdn. Bhd. in Malaysia, a wholly owned subsidiary of Kencana Petroleum Bhd. in Malaysia, for KNHL to design, construct, equip and deliver a newbuild tender rig for MKR1 for an aggregate sum of USD 136 million. The contract signing ceremony will be held on Monday, 22 October 2007 in Malaysia. |
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jasonrxz
Senior |
20-Oct-2007 10:08
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 It should be good news by seeing the new below..... but given a great power slam by D.J yesterday night, what upside it still holds on monday to come? hope it stays afloat above $2.
Any comments? |
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178investors
Veteran |
19-Oct-2007 20:51
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Going for happy--hour.... Mermaid cheers vvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvvv KUALA LUMPUR, Oct 19 - Malaysian energy services firm Kencana Petroleum has won a contract worth $136 million from Singapore's Mermaid Kencana Rig 1 Pte Ltd to build a tender rig, Kencana Petroleum said on Friday. The contract also includes options by Mermaid Kencana to order up to three additional rigs from Kencana Petroleum, it said in a statement.
In a separate statement, Kencana Petroleum said it and Mermaid Drilling Pte Ltd, a unit of Thai oil-rig firm Mermaid Maritime Public Co Ltd , had agreed to set up a venture, Mermaid Kencana, to offer drilling services in the offshore oil and gas industry. Kencana Petroleum will subscribe for 25 percent of the equity in Mermaid Kencana, it said, adding that a shareholders' agreement would be signed in Kuala Lumpur on Monday. Mermaid Maritime, whose shares started trade on Singapore stock exchange on Tuesday, has two oil rigs and four owned and two chartered engineering vessels. The company, which sold 140 million new shares in its initial public offering, said proceeds from the share sale would pay for the construction of two more oil rigs and a vessel. Shares in Kencana Petroleum closed unchanged at 2.70 ringgit on Friday. Mermaid Maritime shares ended up 1.4 percent at S$2.19. |
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teeth53
Supreme |
19-Oct-2007 19:55
Yells: "don't learn through life, learn to grow with life " |
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FYI oni: Mermaid Last:2.19 Vol:8,681k  +0.03
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teeth53
Supreme |
18-Oct-2007 23:44
Yells: "don't learn through life, learn to grow with life " |
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Reminded me of Uni-Asia happy to make alot $$$ those bot at a low. Those bot on a high & now crying, carry this baby by retailers, how to either cut lost or pay up...speculative in nature & now Mermaid closed, trade within mean..Last:2.16 Vol:18995k +0.23
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178investors
Veteran |
18-Oct-2007 21:34
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singapore changi airport welcome this week the queen of the sky "A380" while the stock exchange welcome this week the to-be-queen of the majestic sea "Mermaid" today is only a teaser........ Mermaid may well do a song and dance soon. |
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viruz7667
Senior |
18-Oct-2007 19:50
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ya boi!mermaid showing real colour on day after you commented their volume.......now ikan bilis oso cant cantch up.....hope u got some on 17 oct.. |
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Pinnacle
Master |
18-Oct-2007 17:41
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This mermaid swim very fast today. Changed from backstroke to free style all of a sudden! |
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178investors
Veteran |
17-Oct-2007 21:23
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thats why her name is mermaid. like a beautiful woman playing hard to get... need alot of your patience.............eventually she will reward you hopefully.... cheers |
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Pinnacle
Master |
17-Oct-2007 17:02
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Why is this like a fallen star. Only 2nd day but volume not catching up? Normally just listed counters have lots of trading volume, especially counters in popular business like this. |
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178investors
Veteran |
16-Oct-2007 22:48
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this stock should be on the radar.... company announced big shot investors quek leng chan and mokzani mahathir bought significant stakes in mermaid from ipo. based on today's closed price of $1.95, market cap already above one billion dollars, bound to attract institutional plays soon. bull still has leg left... lets prosper together.... but trade cautiously... |
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teeth53
Supreme |
16-Oct-2007 17:57
Yells: "don't learn through life, learn to grow with life " |
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Mermaid. Closed at...A premium of 25%. A profit of $0.39ct. It IPO..$1.56ct
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teeth53
Supreme |
16-Oct-2007 16:33
Yells: "don't learn through life, learn to grow with life " |
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TING TONG !! 16:30:00, so fat so good..A gain of 15.4% to $1.80 amd top 35.5% to $2.12c, volume very low and speculative...yes in nature..Now trading at $1.97c |
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Superdad
Member |
16-Oct-2007 10:56
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I have taken profit at 2.0. Trade cautiously. | |||||||||||
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Pinnacle
Master |
16-Oct-2007 09:15
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Peak at $2.12. Now at around $2.05 ~ $2.06. Nickyng, are you going to short this down? Give us a tick off if you doing so, I close my position first. 
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Pinnacle
Master |
16-Oct-2007 09:08
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Thai oil-rig firm Mermaid gains 15% in Singapore debut The company said in a statement that the initial public offering of 140 million new shares was 24 times subscribed. [ID:nSNAF01611] Mermaid, which is 78 percent-owned by Thai-listed shipping firm Thoresen Thai Agencies The company said proceeds from the share sale would pay for the construction of two more oil rigs and a vessel. Macquarie Securities was the global coordinator, bookrunner, underwriter and issue manager for the share offer, while BNP Paribas Capital (Singapore) and DBS Bank were co-lead managers and underwriters for the deal. |
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Pinnacle
Master |
16-Oct-2007 09:06
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Those who had gambled on it won big!!! My fear had overcome me and opportunity lost. Will try again tomorrow in China Oilfield. |
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