Home
Login Register
Others   

Mercator - Buy. Dividend Play - Shipping Recovery

 Post Reply 1-4 of 4
 
christan
    05-Aug-2009 11:10  
Contact    Quote!
noted, why not NOL
 
 
smilingchuan
    05-Aug-2009 11:05  
Contact    Quote!


Typo. I mean 2 years. Mercator gave out dividends last august in 2008 and also august this year in 2009.

 
 
 
christan
    05-Aug-2009 11:03  
Contact    Quote!
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
 

 
smilingchuan
    05-Aug-2009 10:45  
Contact    Quote!


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.
 
Important: Please read our Terms and Conditions and Privacy Policy .