RICKMERS MARITIME> WORTH A BUY WITH 21% DIVIDEND YIELD

BULLSEYE88
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9 years 1 month ago - 9 years 1 month ago #22658 by BULLSEYE88

RICKMERS MARITIME> WORTH A BUY WITH 21% DIVIDEND YIELD was created by BULLSEYE88

COMPANY HAD FIRST TIME SUSPENDED DIVIDEND PAYOUT FOR THE QUARTER
TO CONSERVE CASH . IT IS PROFITABLE STILL FOR LAST RESULT .

IT IS TRADING WAY BELOW NTA ,

MARKET OVERREACTED TO THE NEWS AND STOCK IS DOWN NEARLY 50%

IT MIGHT BE WORTH TO SCOOP UP ON FEAR NOW , AT THE LOWEST PRICE EVER IN A DECADE

Last edit: 9 years 1 month ago by BULLSEYE88.

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Joes
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9 years 3 weeks ago #22713 by Joes

Replied by Joes on topic RICKMERS MARITIME> WORTH A BUY WITH 21% DIVIDEND YIELD

Hmmmm...tough call on buy/jhold this stock. Dividend's suspended, and no idea when it will come back. The title of this thread shld not say 21% yield.

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sykn
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9 years 3 weeks ago #22714 by sykn

Replied by sykn on topic RICKMERS MARITIME> WORTH A BUY WITH 21% DIVIDEND YIELD

I agree; the risks are very high, because the shipping industry is in dire straits.

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