Mercator Lines SIngapore - Trading at 65% discount to NAV

10 years 11 months ago - 10 years 11 months ago #15270 by ZEN

Mercator Lines SIngapore - Trading at 65% discount to NAV was created by ZEN

Subsidiary of one the largest shipping lines in India

Hit rock bottom

waiting for turnaround

Last edit: 10 years 11 months ago by ZEN.

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10 years 11 months ago #15273 by ZEN

Replied by ZEN on topic Mercator Lines SIngapore - Trading at 50% discount to NAV

Back then IPO price was 76 cents

Now is a steal .

Keep for long term

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10 years 11 months ago #15323 by ZEN

Replied by ZEN on topic Mercator Lines SIngapore - Trading at 65% discount to NAV

slowly people starts to notice this gem ...

buying starting

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10 years 11 months ago #15656 by ZEN

Replied by ZEN on topic Mercator Lines SIngapore - Trading at 65% discount to NAV

something is brewing for MERCATOR

Rebound finally coming

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10 years 11 months ago #15657 by ZEN

Replied by ZEN on topic Mercator Lines SIngapore - Trading at 65% discount to NAV

a return to profitability in future means a 10cents stock could yield about 10% dividend

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10 years 11 months ago #15671 by ZEN

Replied by ZEN on topic Mercator Lines SIngapore - Trading at 65% discount to NAV

this stock should be worth at least 14c now

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