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Friday, April 22, 2011

Mermaid Maritime - Not a good stock to invest.

Date/Research House/Stock/Last Done/Target Price/Call/Valuation Method

02/15/11 CIMB Mermaid 0.41 0.41 Underperform PB0.7x
02/28/11 CIMB Mermaid 0.37 0.41 Underperform PB0.7x
04/04/11 CIMB Mermaid 0.355 0.36 Underperform

02/15/11 DBS Vickers Mermaid 0.405 0.46 Hold PB0.8x
04/19/11 DBS Vickers Mermaid 0.38 0.46 Hold

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