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Mermaid Maritime (MMT)
Company in the news
Mermaid Maritime enters into loan facility agreement for up to US$10 mil
The company entered into a loan facility agreement with SinoPac Capital International (HK) on Dec 26.
December 26, 2023
Contracts
Mermaid Maritime secures multiple projects with combined value of up to US$265 mil
These projects are expected to contribute positively to the group’s EPS and NTA for the FY2022 and beyond.
July 19, 2022
Broker's Calls
Mermaid Maritime's near-term outlook is looking hazy
SINGAPORE (Nov 17): DBS is maintaining its “hold” call on Mermaid Maritime with a target price of 14 cents as the group’s near-term outlook is “a mixed bag”.
November 17, 2017
Results
Mermaid Maritime sinks into the red; posts 3Q losses of $2.8 mil
SINGAPORE (Nov 13): Mermaid Maritime recorded a loss in 3Q17 of US$2.04 million ($2.77 million), compared to earnings of US$7.49 million in 3Q16.
November 13, 2017
Mermaid secures contract extension for subsea services in Middle East worth $129 mil
SINGAPORE (Sept 25): Mermaid Maritime announced that its joint venture (JV) with a local offshore services operator has secured a contract extension for offshore inspection, repair and maintenance services with a national upstream oil and gas company.
September 25, 2017
Broker's Calls
These 2 O&M stocks are exposed to the Seadrill fallout. Which to buy?
SINGAPORE (Sept 14): CIMB Research is maintaining its “neutral” call on the local offshore & marine (O&M) sector after Seadrill filed for Chapter 11 restructuring in the US.
September 14, 2017