RICKMERS MARITIME> WORTH A BUY WITH 21% DIVIDEND YIELD
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9 years 1 week ago - 9 years 1 week ago #22658
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
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8 years 11 months ago #22713
by Joes
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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8 years 11 months ago #22714
by sykn
I agree; the risks are very high, because the shipping industry is in dire straits.
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