Mermaid Maritime

Mermaid Maritime announces 2 subsea contract wins worth $5.9 mil

SINGAPORE (June 15): Mermaid Maritime announced Thursday that its business units in Southeast Asia have recently won two subsea contracts from oil majors with a combined estimated potential value of US$4.3 million ($5.9 million).

Broker's Calls

‘Clear survivors’ emerging from the O&M downturn

SINGAPORE (March 10): UOB Kay Hian says clear survivors to the offshore and marine industry downturn are steadily emerging.

Investing strategies

11 potential privatisation targets to go after: UOB

SINGAPORE (Mar 8): UOB Kay Hian has shortlisted a number of SGX-listed stocks as possible “go” plays for investors, with the potential to be privatised.

Broker's Calls

Risk-reward profile turns in favour of Mermaid Maritime

SINGAPORE (March 2): DBS Vickers is maintaining its “buy” call on Mermaid Maritime with a price target of 25 cents as the latter enjoys a more favourable risk-reward profile compared to industry peers.

Broker's Calls

The seas have calmed for Mermaid Maritime

SINGAPORE (Jan 9): DBS Vickers Securities is turning positive on Mermaid Maritime, upgrading its call on the stock from “hold” to “buy” at a raised target price of 24 cents from 14 cents previously due to a more favourable risk-reward profile.

Market Close

STI closes 0.6% higher at 2,988.97 on first trading day of 2017

SINGAPORE (Jan 3): The benchmark Straits Times Index ended Tuesday 0.6% or 18.21 points higher at 2,988.97 on its first trading day of 2017.

Broker's Calls

This stock is ready to ride the O&M sector recovery

SINGAPORE (Jan 3): CIMB is reiterating its “add” recommendation on Mermaid Maritime with a higher target price of 24 cents from 17 cents previously, after the company last week announced that its associate, Asia Offshore Drilling (AOD), secured a thre

Stocks To Watch

SingPost, Second Chance, Wee Hur, EcoWise, Mermaid

SINGAPORE (Dec 28): Here are some stocks that could move the market this Friday morning:

Mermaid Maritime’s associate AOD clinches contract extension for third jackup rig

SINGAPORE (Dec 29): Mermaid Maritime announced that its associate Asia Offshore Drilling (AOD) has secured a three-year contract extension for its AOD III jackup rig.

Stocks To Watch

iFast, Banyan Tree, Mermaid Maritime, TTJ

SINGAPORE (Dec 8): Here are some factors and stocks that could move the market this Thursday morning:
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