Singapore Stock Market News
Mermaid Maritime - Steep losses in 1Q
StockFanatic
Publish date: Tue, 19 May 2015, 10:58 AM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
■ Cut FY15/16 earnings to take into account the weak results as well as potentially low day rates
■ Significant contract wins or M&A activities could provide catalysts for the stock
■ For now, maintain HOLD call with lower TP of S$0.23
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