
noted, why not NOL
Typo. I mean 2 years. Mercator gave out dividends last august in 2008 and also august this year in 2009.
please advise what 3 years , listed as per below
MERCATOR LINES (SINGAPORE) LTD Dec 10 2007 (Mon) 12:00 pm
http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/ipos/ipo_prospectus
Mercator at $0.34 is a good buy. Recent high was $0.44 back in early June. With shipping stocks rallying in this manner, Mercator is a safe bet.
It has been giving dividends very consistently for the past 3 years. Yields around 3.1%. Not too bad. If adding in price appreciation of target Price of $0.40, this stock can give u 15% returns a year...
Cheers.