RICKMERS MARITIME> WORTH A BUY WITH 21% DIVIDEND YIELD

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11 Nov 2015 06:59 - 11 Nov 2015 07:01 #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
Last edit: 11 Nov 2015 07:01 by BULLSEYE88.

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29 Nov 2015 11:20 #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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29 Nov 2015 17:24 #22714 by sykn
I agree; the risks are very high, because the shipping industry is in dire straits.

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