Actually Rickmer case, a bit tricky. The results til now haven't announced. The longer it takes, i will feel uneasy bc any time maybe another correction may come.

N current situation is whenever XD, people will dump their share. If correction comes at same time, it will be bad.

I suggest u profit some first.

However like i say actually shipping trust stock can keep some as investment. But don't keep too much, as that will lock yr money.

Bc after all, they give divi every quarter. N when economy become better, we may not get that at this price.

U buy early leh........anyway congratuate.

Me bought abit late, n got no urgent intention to clear. Taking it as buying an insurance. But this insurance is a much better one. 7 to 8 year laters, all divi will be my profit until old....haha

Chee Meng, ok  ic. Anyway fr my FSL, i intent to hold on. Taking as a investment plan i had bought from an insurance company.

Had make a calculation, after about 7 to 8 years onwards, the divi will have paid all my input (i'm using the US$15 as a gauge. Will be faster if divi went bk to high rate).

For yr case, u still can chose either one to keep but not large amount loh..... (my opinion)

Wish u prosperous in all yr investment, cheers.

Btw, is divi...and not CD. Chee Meng, i am not trying to influence what u think. But jus saying out how i think. Just to share with u.

Cheers pal.... no bad intention to down yr Rickmer.

Rickmer main problem is the refinancing. As long as this problem not iron out, i suggest u should split up yr eggs in 2 different baskets.

Play safe. Don't everytime i think/ assume they will give lots of CD. Must confirm. This is what was taught in army. don't assume, pls confirm.

The same thing will happened if u vest in Rickmers. Now the big fish are hoping lots of people to buy the share up. B4 CD they sell liao loh.....n won't  wait fr u to see sun rise my pal.

Even after CD, the opening hr start they sell lots lots already. Those enter late...go holland liao........they stick at high price.

Just hope Rickmer results announce early. If too late, worst still........ by that time correction may already start....cannot escape fast also........... Moreover, we won't know if Rickmer is giving good news or bad news. So why rushing in at this price.

Rem don't put all eggs in one basket..............

FSL now considered stable as current price range is abit cheap for now. It all depends on individual people thinking.