Mercator Lines SIngapore - Trading at 65% discount to NAV
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11 years 4 months ago - 11 years 4 months ago #15270
by ZEN
Subsidiary of one the largest shipping lines in India
Hit rock bottom
waiting for turnaround
Last edit: 11 years 4 months ago by
ZEN.
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11 years 4 months ago #15273
by ZEN
Back then IPO price was 76 cents
Now is a steal .
Keep for long term
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Thank you received: 17
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Thank you received: 17
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11 years 3 months ago #15657
by ZEN
a return to profitability in future means a 10cents stock could yield about 10% dividend
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