ValueBuddies.com : Value Investing Forum - Singapore, Hong Kong, U.S.

Research Report:

http://research.maybank-ib.com/pdf/docum...a_5609.pdf

Mermaid ($0.50) - Touch $0.555 a few days back and fall to $0.475, hold on there and rebounce to $0.50. Underlying momentum is likely continue to be strong in the near future. Uptrend remains intact. Gd luck.

Swimming on impending roadshow updates.

Mermaid ($0.48) - DBS issue a buy call report on Mermaid today with a target price of $0.60.

MERMAID TOP 20 SHAREHOLDERS

http://mermaid.listedcompany.com/shareholdings.html

Mermaid ($0.505) - Likely renew interest on the offshore oil n gas service sector after the announcement of sales of ezion shares to Quek and the listing of POSH.

Mermaid ($0.54) - A nice closing today being the third attempt to breakout of its year long resistance. Likely more actions to continue in the coming week. A successful breakout of beyond $0.545 would signify the over of the consolidation and a new uptrend pattern for mermaid maritime. Gd luck to all.

(Crabcrab vested)

Non deal Road show Slide
http://infopub.sgx.com/FileOpen/Mermaid_...eID=310833

Mermaid has turn around from a loss making company with a solid set of 3Q14 results.

Net profit 3Q2014 is USD31.5 million, 543% compare to last year.

Net profit CAGR is 180% over the last 5 years !

YET, share price dropped like sheet after the presentation !

Is there something missing down here ?

Mermaid Maritime ($0.39) - Probably the family close political link with ex-PM. When coup junta named as PM, pro-democratic foreign fund probably just throw to show displeasure... Other than that, a solid company in the making...... It may be great time to accumulate the stocks..