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RickmersMaritime   

Container ships charterer with 170+ years history

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battouchai
    22-Aug-2009 18:02  
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the auditor's statement "existence of a material uncertainty that may cast significant doubt on the group's ability to continue as a going concern" shd not be viewed lightly. I wld probably stay clear till the cloud clears.
 
 
bh704428
    22-Aug-2009 13:33  
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so at wat price u will collect tis counter?

 



dealer0168      ( Date: 22-Aug-2009 13:29) Posted:

Emm want to pick up, wait some more. Still early to rush fr it now. Just my opinion.

nstcsg      ( Date: 22-Aug-2009 13:27) Posted:

Big players chionging to exit. Retail investors coming in to pick up 'cheap' shares.  Who has bigger muscle power? The price movement this week clearly tells us the answer..  rgds


 
 
nstcsg
    22-Aug-2009 13:32  
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Hi Zelphon,

From Shareinvestor.



Zelphon      ( Date: 22-Aug-2009 12:17) Posted:

WOW..

How u get this chart ???

Sellers more than buyers for large lots...

BB selling...

 



nstcsg      ( Date: 22-Aug-2009 11:10) Posted:



A picture tells a thousand words:



Note: If I am not allowed to post this chart, pls let me know. Just to share.


 

 
dealer0168
    22-Aug-2009 13:29  
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Emm want to pick up, wait some more. Still early to rush fr it now. Just my opinion.

nstcsg      ( Date: 22-Aug-2009 13:27) Posted:

Big players chionging to exit. Retail investors coming in to pick up 'cheap' shares.  Who has bigger muscle power? The price movement this week clearly tells us the answer..  rgds.

dealer0168      ( Date: 22-Aug-2009 11:14) Posted:

Emm so what is yr final verdict. Pls elaborate. Thanks


 
 
nstcsg
    22-Aug-2009 13:27  
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Big players chionging to exit. Retail investors coming in to pick up 'cheap' shares.  Who has bigger muscle power? The price movement this week clearly tells us the answer..  rgds.

dealer0168      ( Date: 22-Aug-2009 11:14) Posted:

Emm so what is yr final verdict. Pls elaborate. Thanks.

nstcsg      ( Date: 22-Aug-2009 11:10) Posted:



A picture tells a thousand words:



Note: If I am not allowed to post this chart, pls let me know. Just to share.


 
 
dealer0168
    22-Aug-2009 12:32  
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Its logical due to what Rickmer management had done. My opinion

Zelphon      ( Date: 22-Aug-2009 12:17) Posted:

WOW..

How u get this chart ???

Sellers more than buyers for large lots...

BB selling...

 



nstcsg      ( Date: 22-Aug-2009 11:10) Posted:



A picture tells a thousand words:



Note: If I am not allowed to post this chart, pls let me know. Just to share.


 

 
Zelphon
    22-Aug-2009 12:17  
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WOW..

How u get this chart ???

Sellers more than buyers for large lots...

BB selling...

 



nstcsg      ( Date: 22-Aug-2009 11:10) Posted:



A picture tells a thousand words:



Note: If I am not allowed to post this chart, pls let me know. Just to share.

 
 
dealer0168
    22-Aug-2009 11:14  
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Emm so what is yr final verdict. Pls elaborate. Thanks.

nstcsg      ( Date: 22-Aug-2009 11:10) Posted:



A picture tells a thousand words:



Note: If I am not allowed to post this chart, pls let me know. Just to share.

 
 
nstcsg
    22-Aug-2009 11:10  
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A picture tells a thousand words:



Note: If I am not allowed to post this chart, pls let me know. Just to share.
 
 
matthewsoh
    21-Aug-2009 23:13  
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The damage is done .. i can see . Wondering whether are they did that with certain intention ? haahaa like why the willing party who absorbed a total of 50,000 lots in three days .... there are of course sellers around but why are people buying in big bulk and cheap price ? haahaaa ... Only time got the answer. Rickmer old like ginger ... ginger taste and smell we all know.. GAME on for me!
 

 
lawcheemeng
    21-Aug-2009 21:43  
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unfortunate the damage have been done. it may take along time before ppl will trust the management again. they shld have been more transparent.

froggie84      ( Date: 21-Aug-2009 21:28) Posted:

Somehow I kinda have the reassurance that in the worst case scenario, their parent company, Rickmers Group will come in and support them and they eventually turn out okay.. Similar to how F&N came in for FCOT at the very last moment when they were in trouble.. But was quite upset by the way things are turning out so fast and suddenly and nothing was yet heard from them..

 
 
froggie84
    21-Aug-2009 21:28  
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Somehow I kinda have the reassurance that in the worst case scenario, their parent company, Rickmers Group will come in and support them and they eventually turn out okay.. Similar to how F&N came in for FCOT at the very last moment when they were in trouble.. But was quite upset by the way things are turning out so fast and suddenly and nothing was yet heard from them..
 
 
freeme
    21-Aug-2009 14:01  
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u BOMB their email also like tat.. i bombed them b4 i decide to give up.. somemore i hate abt it is if they gt no ans to so many questions when analyst post them them, then why why that stupid Q&A session when all the ans are like"at this moment of time we do not have the ans to your reply, once we got update we will sure announce" - ask = to didnt ask..

froggie84      ( Date: 21-Aug-2009 12:24) Posted:

Think the company should come out and clarify and reassure shareholders to keep their confidence in the company. Anybody bombed their email..?

 
 
donut42days
    21-Aug-2009 13:23  
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They are certainly not unaware of the outcome,but what is their motive?? Discourage investors to dump away their hard earn money. It would be better to make query on them.
 
 
MikeL2009
    21-Aug-2009 13:23  
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Instead of reassurance, Rickmers' newsletter was dedicated to trumpeting their 175 yr history and the art of christening of ships!  Granted, the newsletter probably went into print before 2Q09 release, but they could have put in a cover letter. They don't seem to be bothered about their stock price and by extension, US investors!Smiley

froggie84      ( Date: 21-Aug-2009 12:24) Posted:

Think the company should come out and clarify and reassure shareholders to keep their confidence in the company. Anybody bombed their email..?

 

 
donut42days
    21-Aug-2009 13:01  
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Yap ...bomb them...Anybody have Media connection? Pay them a visit to be the first Trust in Singapore make into headline. Refer to their presentation state on Feb 09 & Aug 14. First a commitment of " Defer acquisition till market recover" but latter "discussion with stakeholder,bank .. evaluating all possible options for the 4x 13,000TEU vsl?? Expansion approach should be conservative. The Market will always be there what the rush for it? 
 
 
donut42days
    21-Aug-2009 12:46  
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r
 
 
froggie84
    21-Aug-2009 12:24  
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Think the company should come out and clarify and reassure shareholders to keep their confidence in the company. Anybody bombed their email..?
 
 
MikeL2009
    21-Aug-2009 11:04  
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Agree 110%. Trust your own gut feel. I remain vested.  I received Rickmers newsletter together with their DPU notice. I had wished there was some note of reassurance, but nothing.  All the same, hope we will see light at the end of the tunnel soon.
 
 
lawcheemeng
    21-Aug-2009 10:58  
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they want to buy from u they say bad loh. they want to sell to u they say goood loh. same lah .better do your own judgement no one to blame if not go up high high bank Bxxx. or go down low low also bank Bxxx.. just my view. still vested. hehe

Alligator      ( Date: 21-Aug-2009 10:41) Posted:

seems to read somewhere on auditor comment.. sound scary..

soloman      ( Date: 21-Aug-2009 10:39) Posted:

THIS ONE COULD GO UNDER .........


 
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