Mermaid have transformed into a better company since last year. I think the management is doing a great job. At this critical moment, shareholder shall not throw their the share cheaply. this stock is under value at the moment. The reasonable price shall be around sgd 0.45...
Net Profit Growth: The company is projected to achieve impressive net profit growth of 22% in FY2024 and 70% in FY2025. This growth is attributed to the execution of larger-scale decommissioning projects and high-margin cable-lay orders. Valuation: Mermaid Maritime trades at a 33% discount to its global peers’ 2025 forward Price-to-Earnings (P/E) ratio.
Thank you
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ben Teo
10 posts
Posted by Ben Teo > 2013-09-04 11:53 | Report Abuse
anyone sink in this ship?