Mercator Lines SIngapore - Trading at 65% discount to NAV
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12 years 3 weeks ago - 12 years 3 weeks ago #15270
by ZEN
Subsidiary of one the largest shipping lines in India
Hit rock bottom
waiting for turnaround
Last edit: 12 years 3 weeks ago by
ZEN.
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12 years 3 weeks ago #15273
by ZEN
Back then IPO price was 76 cents
Now is a steal .
Keep for long term
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Posts: 691
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Thank you received: 17
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Thank you received: 17
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12 years 3 days ago #15657
by ZEN
a return to profitability in future means a 10cents stock could yield about 10% dividend
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