Mercator Lines

Immediate Target - Rs 67/-

Posted by : iconic_investor
Price when posted : BSE: Rs 60.95 ( -2.17 % ), NSE: Rs. 60.70 ( -2.57 % )

Today all shipping stocks are under pressure since BDI dippped over 3.1%. Hold MLL with immediate target of 67...

Immediate Target - Rs 67/-

Posted by : ar_akm
Price when posted : BSE: Rs 62.30 ( 3.83 % ), NSE: Rs. 62.30 ( 3.83 % )

Is it proper to enter this level for long term?...

Immediate Target - Rs 67/-

Posted by : chief_kamani
Price when posted : BSE: Rs 62.30 ( 3.83 % ), NSE: Rs. 62.30 ( 3.83 % )

Crimson: I share your views on Mercator Lines and expect a decent upside in this counter.Enjoy the ride!!...

TARGET 90

Posted by : chief_kamani
Price when posted : BSE: Rs 59.60 ( -0.67 % ), NSE: Rs. 59.80 ( -0.33 % )

bluwyn-Mercator Lines ooper jayega!!Mercator Lines can touch 90!!!...

TARGET 90

Posted by : ar_akm
Price when posted : BSE: Rs 60.00 ( -3.07 % ), NSE: Rs. 60.00 ( -3.15 % )

market circumstance has not allowed this counter to go forward?...

TARGET 90

Posted by : bluwyn
Price when posted : BSE: Rs 61.90 ( 7.84 % ), NSE: Rs. 61.95 ( 7.93 % )

based on uptrend of bdi merch will touch 90 with in two days...

TARGET 90

Posted by : bluwyn
Price when posted : BSE: Rs 61.90 ( 7.84 % ), NSE: Rs. 61.95 ( 7.93 % )

based on merch will touch 90 with in two days...

Immediate Target - Rs 67/-

Posted by : jedhm
Price when posted : BSE: Rs 60.50 ( 5.40 % ), NSE: Rs. 60.40 ( 5.23 % )

On Nov.17, BDI jumped 3.81% and hopefully it will continue northward journey. Expect decent returns in this counter....

Immediate Target - Rs 67/-

Posted by : vshankaran
Price when posted : BSE: Rs 60.55 ( 5.49 % ), NSE: Rs. 60.65 ( 5.66 % )

I fully agree with you. Since Baltic Index is going up, Mercator Lines will reach 75 within a day or two. Today`s target is 66....

Immediate Target - Rs 67/-

Posted by : Crimson
Price when posted : BSE: Rs 57.40 ( 1.50 % ), NSE: Rs. 57.40 ( 1.59 % )

Thanks for ur views.....

Immediate Target - Rs 67/-

Posted by : meg
Price when posted : BSE: Rs 57.40 ( 1.50 % ), NSE: Rs. 57.40 ( 1.59 % )

guys get ready for big upmoves in mercator lines now!! sure to reach past 100 very soon.......

Immediate Target - Rs 67/-

Posted by : salikh
Price when posted : BSE: Rs 57.40 ( 1.50 % ), NSE: Rs. 57.40 ( 1.59 % )

I agree , mintarget for one year 150/-...

Immediate Target - Rs 67/-

Posted by : jedhm
Price when posted : BSE: Rs 57.00 ( 0.80 % ), NSE: Rs. 57.00 ( 0.88 % )

gautam56: I share your views and expect a decent upside in this counter. Bulk shipping rates continue to rise strongly. Capesize average earnings rose to $78,075/day on the London Baltic Exchange, up more than three-fold from the recent low of $22,109/day on September 23rd. Besides that Mercretor has coal mines and a direct beneficiary because increasing world steel demand to keep coking coal prices soaring....

Immediate Target - Rs 67/-

Posted by : gautam56
Price when posted : BSE: Rs 56.25 ( -0.27 % ), NSE: Rs. 56.45 ( 0.18 % )

Since there is improvement in spot freight rates due to surge in transportation of crude oil, coal & food grains,etc it seems the worst is over for shipping industry.
As the current P/E of the Company is 7.8, therefore any further improvements will impact positively the earnings per share resulting in CMP to rise to the level from where the last correction took place....

FAST RECOVERY OF BDI

Posted by : bluwyn
Price when posted : BSE: Rs 54.50 ( -0.46 % ), NSE: Rs. 54.45 ( -0.64 % )

today index gained +200...