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RickmersMaritime   

Container ships charterer with 170+ years history

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Zelphon
    24-Aug-2009 22:50  
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wow..

depends on ur investment horizon..

if ur investment horizon is 10 yrs..

 hold loh.. cos u already loss a lot !

if u plan to swing trade like some of the ppl here..

sell loh.. 



bullsfight      ( Date: 24-Aug-2009 22:08) Posted:

jiaklat....

I have 10 lots bought 1 year ago at $1.08, and my wife has 5 lot too...

Should we let go all of them immediately? Please advise.

Cold sweat...



commando      ( Date: 24-Aug-2009 20:49) Posted:

Any supporters still holding??????  


 
 
lawcheemeng
    24-Aug-2009 22:49  
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i lost 7k leh. lucky like freeme , i dump i9nto others,, almost break even liao. goood day today and tomorow will be ok liao. heart ache for 2 ,,3 days. a bit worried also... rickmer to much unknown... better ,,,, cut loss loh.......,,, at first was thinking of holding ...on the first day it drop.......when on the 3rd day..... it seem very very risky liao,,,, dump loh wat to do.  really angry with the management shld have been more transparent,,, shld have sound out earlier,,,    i can bear to trust them aredi.......they know all this coming liao... but wait until to late ..... not a goood group management staff........ really....disappointed with them..... so the only way  for me to show .... my displeasure.... dispose of the share and not been part of RICKMER......,, was intending to keep for retirement leh..... like this how to trust them..... really disappointed.......i hope the management of rickmer read alll the posting here...... disappointed.....Smiley

commando      ( Date: 24-Aug-2009 21:22) Posted:

ba my average 0.46 i have 50 lot leh. now dump loss 2k+

 
 
freeme
    24-Aug-2009 22:22  
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I lost 7k bec of the monday fall. But not counter those div i got earlier n some profit i made earlier from rickmers. But still overall its a lost here.. Takes me months to earn n gone in 1 day.. disappointed with the mgt way of handling this issue. hiding here and there. N didnt wan to give warning of such a big cut took every by surprise.

Even though i lose so much here, i just let go, bec else i will keep holding n thinking about when it will rebound while all those counter move up so nicely, it create an emotion barrier and it affect my trading alot. So by dumping them i can move on n trade better.



bh704428      ( Date: 24-Aug-2009 21:10) Posted:

can share how much u lost in tis counter?

freeme      ( Date: 24-Aug-2009 21:04) Posted:

I tink will still have ba.. i jump ship liao.. bo bian.. too disappointed with them..


 

 
bullsfight
    24-Aug-2009 22:08  
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jiaklat....

I have 10 lots bought 1 year ago at $1.08, and my wife has 5 lot too...

Should we let go all of them immediately? Please advise.

Cold sweat...



commando      ( Date: 24-Aug-2009 20:49) Posted:

Any supporters still holding??????  

 
 
baliem
    24-Aug-2009 22:04  
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May be you could consider cashing out some of these... to put in other counters? Sold off those that I had (ave about $0.52) at around $0.46. Not a sell call though...

commando      ( Date: 24-Aug-2009 21:22) Posted:

ba my average 0.46 i have 50 lot leh. now dump loss 2k+

 
 
commando
    24-Aug-2009 21:22  
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ba my average 0.46 i have 50 lot leh. now dump loss 2k+
 

 
bh704428
    24-Aug-2009 21:10  
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can share how much u lost in tis counter?

freeme      ( Date: 24-Aug-2009 21:04) Posted:

I tink will still have ba.. i jump ship liao.. bo bian.. too disappointed with them..

commando      ( Date: 24-Aug-2009 20:49) Posted:

Any supporters still holding??????  


 
 
freeme
    24-Aug-2009 21:04  
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I tink will still have ba.. i jump ship liao.. bo bian.. too disappointed with them..

commando      ( Date: 24-Aug-2009 20:49) Posted:

Any supporters still holding??????  

 
 
commando
    24-Aug-2009 20:49  
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Any supporters still holding??????  
 
 
dealer0168
    24-Aug-2009 18:53  
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Tomorrow should be Rickmer last day to be above 0.40. When XD arrived, we may see a further dropping Rickmer.

Let continue monitoring....



 

 
 

 
Zelphon
    24-Aug-2009 18:44  
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Bear Sterns 150 yrs history also SINKED ...

MikeL2009      ( Date: 24-Aug-2009 16:18) Posted:



I refuse to believe Rickmers 175 yr history, which they just trumpeted in their newsletter, will sink just like that. I'm counting on the latest positive turnaround in economic outlook and the verdict by Federal Chairman Bernanke and the world's central banker.Smiley

 
 
fruitty
    24-Aug-2009 18:31  
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I sold my Rickmers shares (with losses) and used the money to buy another counter. Not worth sticking with the Trust through thick and thin when I'm not a Rickmers. Unless the state of the Trust does not disturb you and you're willing to loss all your capital in the worst case scenario.

I called the company previously and after the conversation, I'm still left with lots of uncertainty if the company would resolve all their problems. I didn't wish to wait till I suffer even more losses.

Cut loss when need to and save the remaining capital you have.

 

 



MikeL2009      ( Date: 24-Aug-2009 15:48) Posted:

I'm staying put!  I intend to hold till the refinancing issue is settled - sink or float, dead or alive!Smiley

 
 
freeme
    24-Aug-2009 16:57  
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ya... lucky i dump earlier instead of holding.. if nt will not recover so fast..

nickyng      ( Date: 24-Aug-2009 16:54) Posted:

just move on lah...dump ship and hop to next one!! :D

 
 
nickyng
    24-Aug-2009 16:54  
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just move on lah...dump ship and hop to next one!! :D
 
 
mortal_azazel
    24-Aug-2009 16:39  
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Another Titanic .....  :(

upforever      ( Date: 24-Aug-2009 16:26) Posted:

everytime in my dream (or nightmare), i see you... 

MikeL2009      ( Date: 24-Aug-2009 16:18) Posted:



I refuse to believe Rickmers 175 yr history, which they just trumpeted in their newsletter, will sink just like that. I'm counting on the latest positive turnaround in economic outlook and the verdict by Federal Chairman Bernanke and the world's central banker.Smiley


 

 
upforever
    24-Aug-2009 16:26  
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everytime in my dream (or nightmare), i see you... 

MikeL2009      ( Date: 24-Aug-2009 16:18) Posted:



I refuse to believe Rickmers 175 yr history, which they just trumpeted in their newsletter, will sink just like that. I'm counting on the latest positive turnaround in economic outlook and the verdict by Federal Chairman Bernanke and the world's central banker.Smiley

 
 
elysian
    24-Aug-2009 16:19  
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Hi ,

Its fine to hold up - but having digested all the information on the Company, i believe it defies
logic to hang on to it. Too many risks - and ur capital may be better served elsewhere, where
there is less risk but reasonable long term returns. There is a possibility that Rickmers might
surprise us all - but personally, I don't like the anxiety and I sleep better knowing that the risks
are more manageable in other counters.

 

 



MikeL2009      ( Date: 24-Aug-2009 15:48) Posted:

I'm staying put!  I intend to hold till the refinancing issue is settled - sink or float, dead or alive!Smiley

 
 
MikeL2009
    24-Aug-2009 16:18  
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I refuse to believe Rickmers 175 yr history, which they just trumpeted in their newsletter, will sink just like that. I'm counting on the latest positive turnaround in economic outlook and the verdict by Federal Chairman Bernanke and the world's central banker.Smiley
 
 
mortal_azazel
    24-Aug-2009 16:03  
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Agreed....  maybe there is a sudden death for Rickmer ... who knows
 
 
MikeL2009
    24-Aug-2009 15:48  
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I'm staying put!  I intend to hold till the refinancing issue is settled - sink or float, dead or alive!Smiley
 
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