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Moneycontrol >> Messageboard >> Stocks >> Mercator Lines
   You are here :     Moneycontrol     MMB   Stocks   Mercator Lines

Mercator Lines

Belongs to: Shipping
Buy, Sell or Hold? 75 comments
2 positive opinions
1 negative opinions
5 boarder queries
47 boarder tracking
Peer stocks in Shipping sector
BSE: 526235
NSE: MLL
42.60  -6.7 (-13.59)
Volume: 3307670
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07 Oct 2008 15:15

32 down target

Posted by : retrobroker
Price when posted : BSE: Rs 41.95 ( -14.74 % ), NSE: Rs. 42.75 ( -13.29 % )
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Tracked by: 0 Boarder

i am not aware of any liquidity problems...this stock i gave a sell call at 59 levels and never bought it....now at 42.. still some paint left at 35 levels vbuy into this script but this will be bullish only when its over 80 and that might take sometime...

In reply to:

32 down target

Posted by : bhuptgu_1

Can you sugeest y the liquidity problem is there in MLL

07 Oct 2008 13:10

32 down target

Posted by : bhuptgu_1
Price when posted : BSE: Rs 45.75 ( -7.01 % ), NSE: Rs. 45.40 ( -7.91 % )
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Tracked by: 0 Boarder

Can you sugeest y the liquidity problem is there in MLL...

In reply to:

32 down target

Posted by : avrochan

I said last week about Mercator. Do not enter in the stock during this week,Already there is news that the stock will fall to 30-32 Rs. levels. Some one was challenging me on the board. I suggest accummulate from 30 onwards. There is huge liquidity problem in the company.

07 Oct 2008 12:46

32 down target

Posted by : avrochan
Price when posted : BSE: Rs 43.85 ( -10.87 % ), NSE: Rs. 44.80 ( -9.13 % )
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Tracked by: 0 Boarder

I said last week about Mercator. Do not enter in the stock during this week,Already there is news that the stock will fall to 30-32 Rs. levels. Some one was challenging me on the board. I suggest accummulate from 30 onwards. There is huge liquidity problem in the company....

07 Oct 2008 10:48

Mercator to give 60-80% returns during bounce

Posted by : JaiRocks
Price when posted : BSE: Rs 50.10 ( 1.83 % ), NSE: Rs. 49.35 ( 0.10 % )
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Tracked by: 1 Boarder

Dude I have Mercator 100 Shares @ 106 Rs, that`s greater than 50% loss. But by current mkt levels its better to wait and watch instead of reinvesting and averaging. U may never knw it can fall frm this current levels also :)...

In reply to:

Mercator to give 60-80% returns during bounce

Posted by : sandpm

ok. what is the challenge ?
I am still confident that it would give 60% returns, which is nothing but a price of 80 from current levels.

Please let me know, your mobile no. I will call you once Mercator reaches 80 levels by January.

Thanks,
SandPM

* In my previous posts, please read let as lend. But I was joking. But if somebody is serious but lending money (without interest), then I am also serious.

06 Oct 2008 17:07

Mercator to give 60-80% returns during bounce

Posted by : sandpm
Price when posted : BSE: Rs 49.20 ( -12.38 % ), NSE: Rs. 49.30 ( -12.59 % )
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Tracked by: 1 Boarder

ok. what is the challenge ?
I am still confident that it would give 60% returns, which is nothing but a price of 80 from current levels.

Please let me know, your mobile no. I will call you once Mercator reaches 80 levels by January.

Thanks,
SandPM

* In my previous posts, please read let as lend. But I was joking. But if somebody is serious but lending money (without interest), then I am also serious....

In reply to:

Mercator to give 60-80% returns during bounce

Posted by : ptranjan

as we are getting in to recession mode, i think slow down in growth will effect the profitability of the company in future. things are not very rosy for mercator. i feel its a good stock to own but i don`t agree with your 60-80% rise target.
rgds
Philip

06 Oct 2008 15:40

Mercator to give 60-80% returns during bounce

Posted by : ptranjan
Price when posted : BSE: Rs 50.20 ( -10.60 % ), NSE: Rs. 50.35 ( -10.73 % )
View full thread (4 messages)

Tracked by: 1 Boarder

as we are getting in to recession mode, i think slow down in growth will effect the profitability of the company in future. things are not very rosy for mercator. i feel its a good stock to own but i don`t agree with your 60-80% rise target.
rgds
Philip ...

In reply to:

Mercator to give 60-80% returns during bounce

Posted by : sandpm

Mercator to give 60-80% returns during bounce:

Be assured that Mercator would give 60-80% bounce from current levels as soon as there is a bounce in the market even to the extent of 10-15%.

A bounce of 60-80% indicate a price between 82-92 rupees. I am also at loss. But if I had funds, I would have purchased more.

If somebody is having 10 lakhs then please let me, I would give back 20 lakhs in next 3 years. lol :-)

-SandPM

06 Oct 2008 13:05

Mercator to give 60-80% returns during bounce

Posted by : sandpm
Price when posted : BSE: Rs 52.60 ( -6.32 % ), NSE: Rs. 52.85 ( -6.29 % )
View full thread (4 messages)

Tracked by: 1 Boarder

Mercator to give 60-80% returns during bounce:

Be assured that Mercator would give 60-80% bounce from current levels as soon as there is a bounce in the market even to the extent of 10-15%.

A bounce of 60-80% indicate a price between 82-92 rupees. I am also at loss. But if I had funds, I would have purchased more.

If somebody is having 10 lakhs then please let me, I would give back 20 lakhs in next 3 years. lol :-)

-SandPM...

03 Oct 2008 23:53

IndiaBulls to file for bankruptcy in Ind?

Posted by : kdeep_kotak
Price when posted : BSE: Rs 145.50 ( -6.34 % ), NSE: Rs. 146.05 ( -5.90 % )
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Tracked by: 0 Boarder

Mercator Lines..???

why soo.. aisa kya khas hai isme..???
...

03 Oct 2008 14:09

SHIPPING INDUSTRY IS CRASHED!

Posted by : sandpm
Price when posted : BSE: Rs 56.25 ( -4.26 % ), NSE: Rs. 56.50 ( -3.99 % )
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Tracked by: 0 Boarder

yeah. just for your info: I sold at 120 levels put in some other stocks lost 50%. So, my profits were washed out. and now, planning to buy mercator downwards.

I am big fan of Mercator in this Stock market.
I am not sure how many people know about VenugopalG. He was also a big fan of Mercator Lines around 3 years back....

In reply to:

SHIPPING INDUSTRY IS CRASHED!

Posted by : avrochan

Hi Sand,

Just watch the prices, I dont say that the stock will hit above its yearly high in the coming months, but what I say is "time being", it will wash out to 40 levels. This is a good stock from the shippice space and it is a good hold. I have exited at 85 levels, but want to re-enter in the stock, global situation is bad, what I would suggest is accummulate at lower levels, as this stock can shoot up like fire cracker. It has all fundamentals. I am looking for below 40 levels since index is to crash below 12000 in coming days.

03 Oct 2008 13:24

SHIPPING INDUSTRY IS CRASHED!

Posted by : avrochan
Price when posted : BSE: Rs 55.50 ( -5.53 % ), NSE: Rs. 56.00 ( -4.84 % )
View full thread (5 messages)

Tracked by: 0 Boarder

Hi Sand,

Just watch the prices, I dont say that the stock will hit above its yearly high in the coming months, but what I say is "time being", it will wash out to 40 levels. This is a good stock from the shippice space and it is a good hold. I have exited at 85 levels, but want to re-enter in the stock, global situation is bad, what I would suggest is accummulate at lower levels, as this stock can shoot up like fire cracker. It has all fundamentals. I am looking for below 40 levels since index is to crash below 12000 in coming days....

In reply to:

SHIPPING INDUSTRY IS CRASHED!

Posted by : sandpm

Dear avrochan,
1. If it falls to Rs. 32 then I would sell my house & buy this stock. I missed this opportunity 2 years back.
2. I would give you Rs. 1 lakh when this gem would reach Rs. 200 or more in next 3 to 5 years for sure.

Thanks,
SandPM

02 Oct 2008 14:17

SHIPPING INDUSTRY IS CRASHED!

Posted by : sandpm
Price when posted : BSE: Rs 58.75 ( 6.53 % ), NSE: Rs. 58.85 ( 6.71 % )
View full thread (5 messages)

Tracked by: 0 Boarder

Dear avrochan,
1. If it falls to Rs. 32 then I would sell my house & buy this stock. I missed this opportunity 2 years back.
2. I would give you Rs. 1 lakh when this gem would reach Rs. 200 or more in next 3 to 5 years for sure.

Thanks,
SandPM...

In reply to:

SHIPPING INDUSTRY IS CRASHED!

Posted by : avrochan

Guys recent news in Bloomberg is that shipping industry globally is very badly hit. Mercator is one of them, the stock will fall below its recent lows, so i feel one can exit and re-enter. It may find support at 47-48. If this breaks then it can fall to
Rs.32/- Be cautious in holding shipping stocks for the time being. There can be be a further wash out in this counter.

02 Oct 2008 13:58

risky stock i.e., what market is all abt

Posted by : sandpm
Price when posted : BSE: Rs 58.75 ( 6.53 % ), NSE: Rs. 58.85 ( 6.71 % )
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Tracked by: 0 Boarder

I agree that this is a risky stock. But that is what is all about investing directly in Stock Market.

This is atleast much better than India Bulls which as come from Rs. 1000/- levels to Rs. 100/- levels.
Please check my comments in IndiaBulls section.

Thanks,
SandPM

Disclosure: I am watching this stock from past 3 years almost daily/weekly. It is at the same level what the highest of the year - 2005 was. I am invested in this stock....

29 Sep 2008 15:05

Buy Buy Buy

Posted by : premputli
Price when posted : BSE: Rs 52.60 ( -7.15 % ), NSE: Rs. 53.30 ( -6.08 % )
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Tracked by: 0 Boarder

Buy for short term,
Buy for medium term,
Buy for long term.

Happy investing....

29 Sep 2008 12:49

Buy this scrip...

Posted by : Guest
Price when posted : BSE: Rs 51.90 ( -8.38 % ), NSE: Rs. 52.90 ( -6.78 % )
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Tracked by: 0 Boarder

Dear Monu,

I second you view. I read an article about MML two years back at outlook money they have said good things about this stock and recently I came to know that these guys are into offshore bussiness I hope this count on the company\\\\\\\\`s profile.I already have some and expect the price would touch 45 before it would bounce back. ...

In reply to:

Buy this scrip...

Posted by : monu4u

Dear All
I'm not a market expert. But I've never seen a sell call on Mercator lines by any market analyst. Right now you r getting this stock for a very cheap price. you won't see such levels again. Definitly you'll get handsome returns by investing in this gem cause shipping business is most profitable in the months of oct-feb.

29 Sep 2008 10:54

Buy this scrip...

Posted by : monu4u
Price when posted : BSE: Rs 53.60 ( -5.38 % ), NSE: Rs. 53.70 ( -5.37 % )
View full thread (2 messages)

Tracked by: 0 Boarder

Dear All
I'm not a market expert. But I've never seen a sell call on Mercator lines by any market analyst. Right now you r getting this stock for a very cheap price. you won't see such levels again. Definitly you'll get handsome returns by investing in this gem cause shipping business is most profitable in the months of oct-feb....

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