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Mermaid

niuyear
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25-Sep-2009 12:06

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hahaha.........from stock to bread talk. Can also go hotel buy cake, they usually offer half price after 10pm.....e.g. Amara hotel, (dont know now still have this offer).

It would be nice if there is a small mid-autum rally to bring STI to one step higher....Imagine eating mooncake in Shenton way at SGX building under the sunlight while watching the rally....but, if no rally, then eat mooncake under moonlight and pray to the moon.......hahaha

For those daredevils and gutsy ones, they will buy on dips for they still belive there is a last 'fun' rally to come.

cheongwee ( Date: 25-Sep-2009 11:45) Posted:

so dont throw your maid out of the window, together with guocoleisure..

next week will be a happy week for all, not only here this 2,,,all over...i see a profitable week ahead.

i dont see S&P collapse..till mid fall..

today, i buy more..hope u did...always buy friday..esp late afternoon..

like u see breadtalk...9pm..always 10pcs for $10...am i right, dear???..if you want to clarify go breadtalk tonite and see yourself..

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cheongwee
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25-Sep-2009 12:03

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U must have a million dollar question in your mind.right? why this old lady here want to help us make $$$.

i dont know her,..why so good?? nobody ask me,,scare offence right...no porblem, i am not easy anger.

becos if u make, u do charity a little, cheongwee accumulate good merit, good report card to bring along with her..

the day she is required to report to her creator...like u christian said..right?

or maybe he try to win confidence first, then play u out???..no..no..no.

i fear God, i fear retribution, but i give tip, u must be wise..not hold and let greed rule...folow strict rule..

like crossing road, wait for green man, better..

if u do, u lose ,then u blame yourself..

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cheongwee
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25-Sep-2009 11:55

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lady or not, does it matter???..never mind ..lah..got tip share here..even teen also welcome

got profit $ just put $2 into donation box...it go along way for some..

u know just across the causeway..$5 of rice last for 2 wks for a poor family..

and in Indonesia where i came fr, is even worse, in some ulu places, they dont see a nice fish , like u all see in your daily economical rice for years.

i am not telling u story,

freely u receive , freely u give..teaching of Lord Jesus.

waterfalls ( Date: 25-Sep-2009 11:42) Posted:

is cheong wee a lady? a milllion dollar question

Bon3260 ( Date: 23-Sep-2009 20:30) Posted:

Hi All,
Pls dun qns CheongWee anymore.. She might stress & leave us again.
Wat she said almost r rite if u go back histories & read wat she commented.
Mermaid & Guocoleisure r really a gd counters 2 invest for long term.
I personally'll hold Mermaid until nxt yr as wat news mentioned "DJ MARKET TALK: DBS Lifts Mermaid Maritime Target To S$1.71".

Of cos, we r noe dat $1.71 presently it wun climb. But nxt yr v hard 2 say.

I guess Mermaid & Guocoleisure muz b condolidating now. I'll sell away all my others counter's shares & cut loss buy Mermaid & Guocoleisure.

Smtimes, we think back… Buy sell buy sell everyday… V risky ley. Juz 4cast those 1 or 2 gd counters & hold long long ok liao.

I rmbr dat recently there was a counter oso issued rites same like Mermaid.

B4 halt was $1.19, aft halt $1.11. & later aft XR $1.05. Ask urself, now dat counter how much liao… ('',)

U really think aft Mermaid XR'll drop further? Who'll willing 2 sell u @ low price?! ('',)
& dun 4get, Guocoleisure got CD ley...

Take a gd rest & sleep early lah, tmr still got 1 day. But Fri v hard 2 say. Cos alot of pple'll take leave & buy ToTo... ('',)

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cheongwee
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25-Sep-2009 11:45

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waterfalls
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25-Sep-2009 11:42

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is cheong wee a lady? a milllion dollar question

Bon3260 ( Date: 23-Sep-2009 20:30) Posted:

Of cos, we r noe dat $1.71 presently it wun climb. But nxt yr v hard 2 say.

I guess Mermaid & Guocoleisure muz b condolidating now. I'll sell away all my others counter's shares & cut loss buy Mermaid & Guocoleisure.

Smtimes, we think back… Buy sell buy sell everyday… V risky ley. Juz 4cast those 1 or 2 gd counters & hold long long ok liao.

I rmbr dat recently there was a counter oso issued rites same like Mermaid.

B4 halt was $1.19, aft halt $1.11. & later aft XR $1.05. Ask urself, now dat counter how much liao… ('',)

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cheongwee
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25-Sep-2009 11:35

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today, for some want to cut,right? and also it hit the trailing for some, right? but i suggest give more room for volitality.

u know the mermaid is easily to push,

i am looking at 1.4 to 1.5 pre rights....post rights definitely higher...near analyst px..

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yipyip
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24-Sep-2009 14:22

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DBS Vickers Securities in a Sept 22 research report says:
"Mermaid has announced 9-for-20 rights share issue to raise gross proceeds of $156 million,
or net proceeds of $152 million. We estimate that Mermaid would have a cash hoard of
US$192 million by end FY2009 (FYE September) for acquisition opportunities; post rights
share issuance.

"With this newly raised equity, Mermaid agrees with our view that any distressed asset acquisition
could occur within a 3-6 months time frame, and also adds that any strategic company acquisition
may occur within the next 12 months. We have rolled forward our valuation metrics to 9x and 12x
blended FY2010/2011 PE (FYE September) for Mermaid’s subsea engineering and drilling businesses,
respectively, on higher chance of near term price catalyst. Hence, our target price is raised to $1.71.
The fully diluted target price (ex-rights adjustment) is $1.18. MAINTAIN BUY."

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Snowy116
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23-Sep-2009 21:01

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Hi, not sure which part of my questions makes you think that I am over greedy ? I am actually a very contented person.

Sounded like you prefer not to entertain novice, that is fine. I will not question more from now on.

Thank you for your advise so far.

cheongwee ( Date: 23-Sep-2009 19:59) Posted:

OMG!!!..it sound like alot more novice following my call than i thought..

i better just keep my mouth shut...before more will loss money..

can u pls read it up...now internet very easy...they teach you better then my broken english..

today on.,,,no more tip....except those who pm me and i know them well..

i will be doing more harm...how could you be so extremely greedy...greedy is good, but over..and you are out.

Snowy116 ( Date: 23-Sep-2009 19:47) Posted:

Hi Cheongwee, can you elaborate on the trailing stop ?

Thanks !!

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Bon3260
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23-Sep-2009 20:30

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Of cos, we r noe dat $1.71 presently it wun climb. But nxt yr v hard 2 say.

I guess Mermaid & Guocoleisure muz b condolidating now. I'll sell away all my others counter's shares & cut loss buy Mermaid & Guocoleisure.

Smtimes, we think back… Buy sell buy sell everyday… V risky ley. Juz 4cast those 1 or 2 gd counters & hold long long ok liao.

I rmbr dat recently there was a counter oso issued rites same like Mermaid.

B4 halt was $1.19, aft halt $1.11. & later aft XR $1.05. Ask urself, now dat counter how much liao… ('',)

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cheongwee
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23-Sep-2009 19:59

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OMG!!!..it sound like alot more novice following my call than i thought..

i better just keep my mouth shut...before more will loss money..

can u pls read it up...now internet very easy...they teach you better then my broken english..

today on.,,,no more tip....except those who pm me and i know them well..

i will be doing more harm...how could you be so extremely greedy...greedy is good, but over..and you are out.

Snowy116 ( Date: 23-Sep-2009 19:47) Posted:

Hi Cheongwee, can you elaborate on the trailing stop ?

Thanks !!

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Snowy116
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23-Sep-2009 19:47

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Hi Cheongwee, can you elaborate on the trailing stop ?

Thanks !!

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cheongwee
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23-Sep-2009 19:44

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i really cannot understand, that though you got handsome profit, the counter down a a few %...and you feel u are losing....

in fact ,u are losing the casino money, not yours...in the first place..

with this type of mentality..i suggest u dont read my post and follow..u will lose..i believe u hold very tight..never want to take profit..fall in love with it..

like those who are still holding SAR..

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cheongwee
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23-Sep-2009 19:38

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if i can remember, u bought mermaid at 90c...and sitting on 32% gain...and u tok like a loser...

even if it go down another 10% u are still in fat profit...

if you are scare just take your money and run..first thing in the morning tomolo....and dont look at the stock anymore....dont follow anymore..u sound novice make me worry..

if u must ..u must use trailing stop...i believe u know what this is abt, right?

and even u bought guocoleisure at 77.5c .i bought at that px also...so??

u dont sound like a player..

this apply to all...if scare dont follow ..take your money now and run...simple.

i believe if u follow u make $$$ in your pocket already..if u are extreme greedy, mrkt will teach u a lesson, not me...i make u money..

it is the mrkt and you yourself that is going to make u lose money..

lost_soul ( Date: 23-Sep-2009 18:01) Posted:

I hope that this dip in price is not for long ... Cheong Wee, hope can be like you to be calm no matter what happens ...

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lost_soul
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23-Sep-2009 18:01

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I hope that this dip in price is not for long ... Cheong Wee, hope can be like you to be calm no matter what happens ...

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zzen23
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23-Sep-2009 16:57

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0.765/ 1.20

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Bon3260
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23-Sep-2009 16:49

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Dun sell & b patient. Dow Future green liao... http://www.liveindices.com/

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cheongwee
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23-Sep-2009 16:08

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now buying 77.5..end of day end higher..will u regret...most likely u will..

cos i am seeing high px then nw..gd luck

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Minty88
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23-Sep-2009 16:08

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nope still holding

cheongwee ( Date: 23-Sep-2009 16:04) Posted:

you sold??

Minty88 ( Date: 23-Sep-2009 16:03) Posted:

oh no gucco is dropping !!!

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Snowy116
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23-Sep-2009 16:06

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turning back to pick those who missed the boat la.....steady steady.... Smiley

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niuyear
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23-Sep-2009 16:05

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Ok, I think i am starting to like Cheong wee and Mr Quek...LOL!

cheongwee ( Date: 23-Sep-2009 15:37) Posted:

for mermaid it is easy to tarik..but guocoleisaure will be tough, but not impossible..

81c is too modest..dont sell hastily..when there wait awhile..i believe it is worth much more..

dont look down in Mr Quek..how can he worth only 81c..that is an insult to him...

now it is 78c..and u are worried ,right??

when u see ppl queing long long outside to buy condo...do u know how many are really buying for their own use???..50% are speculator ,right??

if you know this, then you will not be nervous..scare to sell.....dont get bluff by BB..OK.

niuyear ( Date: 23-Sep-2009 15:24) Posted:

0.810 enough for me. Didnt buy mermaid.

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