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Mercator Lines
MLL ready to shoot now .....
Posted by :
9975797577Tracked by: 0 Boarder
Mercator Lines looking rock solid to buy now at 84 levels. Get ready for a rocket propulsion towards moon soon in this counter.......buzzing with activity...
Buy Mercator Line
Posted by : zoombusinessTracked by: 1 Boarder
Buy MLL CMP 84 ............
courtesy stoxandmore...
shipping n shipyard cos--time to buy
Posted by :
gajabhauTracked by: 0 Boarder
upward march begins.see my earlier msgs. there will be good run up upto results declarations.
in 2-3 yrs time co will not be pure shipping play.multibagger in the making....
In reply to:
shipping n shipyard cos--time to buy
Posted by : gajabhau
BUSI STD IN SMART INVESTOR HAS CARRIED A COMPLETE REVIEW OF SHIPPING N SHIPYARD COS,THIS IS WAHT THEY HV TO SAY ABT MLL
Mercator Lines has a $450 million capex plan, which will add a rig, two dredgers, one VLCC and two carriers to its 28 unit (3 million dwt) fleet over the next two years. The diversification into dredging, the offshore segment and coal mining should also help derisk its business and enhance revenues.
Further, the company would have stable revenues as 70 per cent of its fleet is on long-term charter rates. It will thus, take a marginal hit due to the dip in the spot freight rates. While demand for tankers and dry bulk cargo carriers should remain strong going ahead, the company’s prospects in the offshore and dredging businesses also look bright.
The company has contracted out its four dredgers and makes gross margins of $18,000 per day (charter rate is about $25,000 per day) on them.
On the offshore business side, the company is expected to benefit with half of India’s 57 blocks under NELP VII expected to be offshore based. With a rig expected to join its fleet in March 2009, it should also benefit from the 60 per cent operating margins with rig rates of about $100,000 per day.
The company’s coal mines in Mozambique and Indonesia are also expected to add significantly to its kitty going ahead. Its long-term contracts and diversification should help it rake in 25 per cent growth in revenues over the next two years.
shipping n shipyard cos--time to buy
Posted by : gajabhauTracked by: 0 Boarder
BUSI STD IN SMART INVESTOR HAS CARRIED A COMPLETE REVIEW OF SHIPPING N SHIPYARD COS,THIS IS WAHT THEY HV TO SAY ABT MLL
Mercator Lines has a $450 million capex plan, which will add a rig, two dredgers, one VLCC and two carriers to its 28 unit (3 million dwt) fleet over the next two years. The diversification into dredging, the offshore segment and coal mining should also help derisk its business and enhance revenues.
Further, the company would have stable revenues as 70 per cent of its fleet is on long-term charter rates. It will thus, take a marginal hit due to the dip in the spot freight rates. While demand for tankers and dry bulk cargo carriers should remain strong going ahead, the company’s prospects in the offshore and dredging businesses also look bright.
The company has contracted out its four dredgers and makes gross margins of $18,000 per day (charter rate is about $25,000 per day) on them.
On the offshore business side, the company is expected to benefit with half of India’s 57 blocks under NELP VII expected to be offshore based. With a rig expected to join its fleet in March 2009, it should also benefit from the 60 per cent operating margins with rig rates of about $100,000 per day.
The company’s coal mines in Mozambique and Indonesia are also expected to add significantly to its kitty going ahead. Its long-term contracts and diversification should help it rake in 25 per cent growth in revenues over the next two years.
...
Mercator - Best time to buy.
Posted by : shareviewsTracked by: 0 Boarder
This is the best time to buy Mercator. Since Q1 was not so good as expected Mercator came down a little bit, but surely it is not a big concern. Buy this stock now and hold for long term.
...
NOT A PURE SHIPPING PLAY
Posted by : gajabhauTracked by: 0 Boarder
though baltic index has fallenn to a extent mercator revenue come from a diverse activity now like coal handling,dredgers,vlcc s, etc etc.
sing sub is a topper,they also hv now nelp block in théir kitty.
be sure mgmt has t has habit of showing surprises on both up n down side(THEY CHARGED ALL DRY DOCKING EXPENSES N UNDERPALYED ON TV INTERVIEWS). i almost sold it-stock showed unusal down movement n then reached to 160s later on.
the nxt momentum will come DURING RESULT SEASON N TILL THEN IT WILL SHOW ONLY RANGEBOUNG MOVEMENT:...
Today Target.
Posted by :
SAMRAMTracked by: 10 Boarders
No more downside, if it is not break rs.75....
In reply to:
Today Target.
Posted by :
lionheart_kadri
hi Samram,
I hope merc moves up soon. thanks 4 ur reply,
Today Target.
Posted by : lionheart_kadriTracked by: 10 Boarders
hi Samram,
I hope merc moves up soon. thanks 4 ur reply,...
In reply to:
Today Target.
Posted by : SAMRAM
hi Kadri,
I think when market is descends they move their funds into safer side script like merc. :)
Today Volume is too good. Possible to reach 100+ in short term.
Today Target.
Posted by : dineshsahayTracked by: 10 Boarders
oasisint,
Shipping industry is sure to be doing better in this year and further also, as industries and exports grow in coming time.
Regards
Dineshsahay...
In reply to:
Today Target.
Posted by : oasisint
Samran the Baltic dry index of freight costs for commodities soared 5% on Monday 18.08.2008 posting its biggest gain since Jan. 30 on speculation Chinese demand for raw materials will increase after the Olympics, improving the outlook for shipping lines that carry the goods. The benchmark had slumped for 23 consecutive days up to Aug. 13.
Japanese Stocks Climb, Led by Shippers on Rates, paring a weekly loss, after freight rates soared the most in almost seven months, boosting the earnings prospects of shipping lines. Pessimism has been excessive and drove shipping companies well below where they ought to be trading,`People are scared about how bad it's going to get, but at some point the valuations start to matter.'
time for makin BIG profits - target 110
Posted by : vtycoonTracked by: 0 Boarder
i hope evrybodys is listenin see da buyin comin at 77 - 78...simpy accumulate.....if uy cant w8 till 100 93 is on charts very quicly //pls buy n cover oll of ur loses...
In reply to:
time for makin BIG profits - target 110
Posted by : vtycoon
buy MLL 78 - 83 in thousands...
its nex target is 105.....njoy ma free callss.. n make huge bash :D
party guys..start buyinn...n see da magic
Today Target.
Posted by : kkrriisshhTracked by: 10 Boarders
Hey, the stock is gaining momentum now. It will sure skyrocket in the coming days to Rs 100 +. My sincere advise is to hold on to this stock for gud returns. Do not sell until it crosses Rs 100+.
...
In reply to:
time for makin BIG profits - target 110
Posted by : vtycoon
buy MLL 78 - 83 in thousands...
its nex target is 105.....njoy ma free callss.. n make huge bash :D
party guys..start buyinn...n see da magic
Today Target.
Posted by : SAMRAMTracked by: 10 Boarders
If it is close above 83 today, next target is 90+. Buy at this level for 10 to 15% short erm target....
In reply to:
Today Target.
Posted by : Guest
Buy at 75-77 hold for max one year for 140 target. Accumulate at falls. If it holds 75-77 bottom formation complete. SIXSIGMATECHIE
buy mercator target 120
Posted by : savinder_81Tracked by: 0 Boarder
buy mercator lines short term target 96 then 120-135.looking very good....
Mercator Lines oversold....buy now..
Posted by : GuestTracked by: 0 Boarder
MLL is over sold on William %R and stochastcs oscillator.It is also close to its support range.Buy now for one year target of 145....
Today Target.
Posted by : GuestTracked by: 10 Boarders
Buy at 75-77 hold for max one year for 140 target. Accumulate at falls. If it holds 75-77 bottom formation complete. SIXSIGMATECHIE...
In reply to:
Today Target.
Posted by : SAMRAM
Mercator Lines can break Rs. 85 level today.
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