Mermaid Maritime Stock Forum

$Mermaid Maritime(DU4.SG)$
Mermaid Maritime may rise to resistances around 0.148 and 0.151.
Unrated report on Mermaid Maritime by UOB KH.
Mermaid Maritime's subsea and offshore services market has traditionally been in Asia; however, it has successfully expanded into the Middle East, West Africa and the North Sea in the past few years. Profitability has grown materially over the past three years with management guiding for EBITDA margin expansion in 2024 and 2025. In 2H23 alone, the company doub...

$Mermaid Maritime(DU4.SG)$
time to sell

$Mermaid Maritime(DU4.SG)$
RSI is above 70. This stock is overbought. Trade with caution. It might retrace due to profit taking.

$FTSE Straits Mid-Cap Index(.FSTM.SG)$ broke the downtrendline decisively this week, small/mid cap are picking up steam. $SamuderaShipping(S56.SG)$$Mermaid Maritime(DU4.SG)$$ComfortDelGro(C52.SG)$ 🚀 from nice bases
$FTSE Singapore Straits Time Index(.STI.SG)$ attempting to bo base, big cap are flourishing 😎
US market pullback is a risk to watch closely

$Mermaid Maritime(DU4.SG)$
Mermaid Maritime broke out of the 0.104-0.105 resistance. May rise to around 0.122.

$Mermaid Maritime(DU4.SG)$General Announcement::INVITATION TO MERMAID MARITIME'S SINGAPORE SHAREHOLDERS  FORUM 2024 Mermaid Shareholders are strongly encouraged to attend. You need to ask difficult questions if you are still vested in this counter. Ask them about major shareholder's massive loan to company whether if it is because the company was unable to obtain the loan from Banks, and if so what reasons did the Banks quote. What are the inherent risks and challenges that company is facing. Wh...

$Mermaid Maritime(DU4.SG)$ Read the Auditor statement and decide for yourself if you still wish to read their Balance sheet. Sayonara..