Post Reply
401-420 of 475
Baltic dry index dropping again.....
16 January 2008
Baltic Dry Index (BDI) -421 6915
Spot Rates
|
|
BCI |
(Cape index) |
BPI |
(Panamax index) |
BSI |
(Supramax index) |
| INDEX |
|
8409 |
-965 |
7127 |
-256 |
4979 |
-134 |
| SPOT 4 TCE AVG |
(USD) |
95627 |
-12499 |
57317 |
-2093 |
52063 |
-1396 |
| YESTERDAY |
(USD) |
108126 |
|
59140 |
|
53459 |
|
| YEAR AGO |
(USD) |
70291 |
|
34887 |
|
31726 |
wat's that? i saw u post all over the place with this,,,,,,, advice?
Baltic Dry Index -295 7654
Good news for fans of mercator.... this submarine might soon reach a bottom.... but don't expect it to go above 59cents. So if you bought above that, it would be difficult to break even unless mercator could pay generous dividends.
Luckily,cut loss at 63...those vested not to worry...given time it will bounce back..it is a sound stock..will grow with time...this is just play down by ppl....
Currently dont commit any more fund till all dust is settle that will be ard March...till predict no recession...good luck.
I think the person or people handling this IPO should be sacked...after causing this stock to be so unstable...and causing those who buy the IPO to lose abt half of their money....plus after placing the IPO price between $0.76-$0.94....and then .....placing it at the lowest price at $0.76....where did the big range and gap come from...how do they gauge the price........
... stabilization manager give up and jump ship too.
... mercator lost more than 10% today.... mercator
http://thefinance.sg/2007/12/09/156/Making $$$ leh.....More than double.....
Financial figures
Intended IPO price: $0.94
No. of shares available for public offer: approx. 10.85m
No. of shares available for placement offer: approx. 259.35m
Total post invitation share capital: Approx. 1,316.6m
Note: Unaudited FY2007 figures for the 1st 5 months were available in the prospectus.
FY2006
Revenue: $74.4m
Profit: $6.2m
NAV: N.A.
EPS: 0.0047
EPS % Incr: N.A.
PE ratio: 200x
Price: 0.94
5mFY2007
Revenue: $160m
Profit: $38.9m
NAV: 0.0763 (incl. IPO proceeds)
EPS: 0.0295
EPS Incr: 528% (Est.)
PE Ratio: 31.9x
Price 0.94
Baltic Dry Index -384 7949
With the price at 0.575 now, I dun think the stabilizing manager will be so dumb to dump at a loss since they keep buying at a price above $0.60. They must at least hold for a longer period for the price to go up. Shipping lines are still making $$$. Therefore, we need to see how Mercator perform for the upcoming quarter. Tks. Still holding on......keep our finger crossed....
Next week, stabilizing manager will be calling it a day... no more stabilization.... let's see if mercator
or
Seem that this ship is sinking deeper.....what's wrong?....Up a bit but down so much.....hope that the fund manager is doing something to save this ship....Volume quite high....wonder why???? Must be patient..
Any ideas which institutional is buying?
There are talks of institutional buying.
Great..today u-turn..hope tom it will u-turn up back. Up and Up...
Wonder how come KTL Global can cheong so fast.??? Mercator is still undervalue,...don't think the fund manager will sell so quickly...178 investors...u are being too pessismistic.....still can speculate this stock...it will be announcing its financial statement this month...just need to wait and see.
I read all the posts below... noted everyone is a bull here on Mercator except me. I have never said a nice thing about Mercator since ipo... can refer to my posted messages in mercator's ipo forum.
After stabilisation period over, see if mercator will "bull" or "shit" further? Good luck to those vested.
Any idea when is " that period" coming??? How many months must the IPO manager need to hold the shares?
