Mercator Lines

Mercator to give 60-80% returns during bounce

Posted by : sandpm
Price when posted : BSE: Rs 49.20 ( -12.38 % ), NSE: Rs. 49.30 ( -12.59 % )

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ok. what is the challenge ?
I am still confident that it would give 60% returns, which is nothing but a price of 80 from current levels.

Please let me know, your mobile no. I will call you once Mercator reaches 80 levels by January.

Thanks,
SandPM

* In my previous posts, please read let as lend. But I was joking. But if somebody is serious but lending money (without interest), then I am also serious....

In reply to:

Mercator to give 60-80% returns during bounce

Posted by : ptranjan

as we are getting in to recession mode, i think slow down in growth will effect the profitability of the company in future. things are not very rosy for mercator. i feel its a good stock to own but i don`t agree with your 60-80% rise target.
rgds
Philip

Mercator to give 60-80% returns during bounce

Posted by : ptranjan
Price when posted : BSE: Rs 50.20 ( -10.60 % ), NSE: Rs. 50.35 ( -10.73 % )

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as we are getting in to recession mode, i think slow down in growth will effect the profitability of the company in future. things are not very rosy for mercator. i feel its a good stock to own but i don`t agree with your 60-80% rise target.
rgds
Philip ...

In reply to:

Mercator to give 60-80% returns during bounce

Posted by : sandpm

Mercator to give 60-80% returns during bounce:

Be assured that Mercator would give 60-80% bounce from current levels as soon as there is a bounce in the market even to the extent of 10-15%.

A bounce of 60-80% indicate a price between 82-92 rupees. I am also at loss. But if I had funds, I would have purchased more.

If somebody is having 10 lakhs then please let me, I would give back 20 lakhs in next 3 years. lol :-)

-SandPM

Mercator to give 60-80% returns during bounce

Posted by : sandpm
Price when posted : BSE: Rs 52.60 ( -6.32 % ), NSE: Rs. 52.85 ( -6.29 % )

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Mercator to give 60-80% returns during bounce:

Be assured that Mercator would give 60-80% bounce from current levels as soon as there is a bounce in the market even to the extent of 10-15%.

A bounce of 60-80% indicate a price between 82-92 rupees. I am also at loss. But if I had funds, I would have purchased more.

If somebody is having 10 lakhs then please let me, I would give back 20 lakhs in next 3 years. lol :-)

-SandPM...

IndiaBulls to file for bankruptcy in Ind?

Posted by : kdeep_kotak
Price when posted : BSE: Rs 145.50 ( -6.34 % ), NSE: Rs. 146.05 ( -5.90 % )

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Mercator Lines..???

why soo.. aisa kya khas hai isme..???
...

SHIPPING INDUSTRY IS CRASHED!

Posted by : sandpm
Price when posted : BSE: Rs 56.25 ( -4.26 % ), NSE: Rs. 56.50 ( -3.99 % )

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yeah. just for your info: I sold at 120 levels put in some other stocks lost 50%. So, my profits were washed out. and now, planning to buy mercator downwards.

I am big fan of Mercator in this Stock market.
I am not sure how many people know about VenugopalG. He was also a big fan of Mercator Lines around 3 years back....

In reply to:

SHIPPING INDUSTRY IS CRASHED!

Posted by : avrochan

Hi Sand,

Just watch the prices, I dont say that the stock will hit above its yearly high in the coming months, but what I say is "time being", it will wash out to 40 levels. This is a good stock from the shippice space and it is a good hold. I have exited at 85 levels, but want to re-enter in the stock, global situation is bad, what I would suggest is accummulate at lower levels, as this stock can shoot up like fire cracker. It has all fundamentals. I am looking for below 40 levels since index is to crash below 12000 in coming days.

SHIPPING INDUSTRY IS CRASHED!

Posted by : avrochan
Price when posted : BSE: Rs 55.50 ( -5.53 % ), NSE: Rs. 56.00 ( -4.84 % )

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Hi Sand,

Just watch the prices, I dont say that the stock will hit above its yearly high in the coming months, but what I say is "time being", it will wash out to 40 levels. This is a good stock from the shippice space and it is a good hold. I have exited at 85 levels, but want to re-enter in the stock, global situation is bad, what I would suggest is accummulate at lower levels, as this stock can shoot up like fire cracker. It has all fundamentals. I am looking for below 40 levels since index is to crash below 12000 in coming days....

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SHIPPING INDUSTRY IS CRASHED!

Posted by : sandpm

Dear avrochan,
1. If it falls to Rs. 32 then I would sell my house & buy this stock. I missed this opportunity 2 years back.
2. I would give you Rs. 1 lakh when this gem would reach Rs. 200 or more in next 3 to 5 years for sure.

Thanks,
SandPM

SHIPPING INDUSTRY IS CRASHED!

Posted by : sandpm
Price when posted : BSE: Rs 58.75 ( 6.53 % ), NSE: Rs. 58.85 ( 6.71 % )

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Dear avrochan,
1. If it falls to Rs. 32 then I would sell my house & buy this stock. I missed this opportunity 2 years back.
2. I would give you Rs. 1 lakh when this gem would reach Rs. 200 or more in next 3 to 5 years for sure.

Thanks,
SandPM...

In reply to:

SHIPPING INDUSTRY IS CRASHED!

Posted by : avrochan

Guys recent news in Bloomberg is that shipping industry globally is very badly hit. Mercator is one of them, the stock will fall below its recent lows, so i feel one can exit and re-enter. It may find support at 47-48. If this breaks then it can fall to
Rs.32/- Be cautious in holding shipping stocks for the time being. There can be be a further wash out in this counter.

risky stock i.e., what market is all abt

Posted by : sandpm
Price when posted : BSE: Rs 58.75 ( 6.53 % ), NSE: Rs. 58.85 ( 6.71 % )

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I agree that this is a risky stock. But that is what is all about investing directly in Stock Market.

This is atleast much better than India Bulls which as come from Rs. 1000/- levels to Rs. 100/- levels.
Please check my comments in IndiaBulls section.

Thanks,
SandPM

Disclosure: I am watching this stock from past 3 years almost daily/weekly. It is at the same level what the highest of the year - 2005 was. I am invested in this stock....

Buy Buy Buy

Posted by : premputli
Price when posted : BSE: Rs 52.60 ( -7.15 % ), NSE: Rs. 53.30 ( -6.08 % )

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Buy for short term,
Buy for medium term,
Buy for long term.

Happy investing....

Buy this scrip...

Posted by : Guest
Price when posted : BSE: Rs 51.90 ( -8.38 % ), NSE: Rs. 52.90 ( -6.78 % )

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Dear Monu,

I second you view. I read an article about MML two years back at outlook money they have said good things about this stock and recently I came to know that these guys are into offshore bussiness I hope this count on the company\\\\\\\\`s profile.I already have some and expect the price would touch 45 before it would bounce back. ...

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Buy this scrip...

Posted by : monu4u

Dear All
I'm not a market expert. But I've never seen a sell call on Mercator lines by any market analyst. Right now you r getting this stock for a very cheap price. you won't see such levels again. Definitly you'll get handsome returns by investing in this gem cause shipping business is most profitable in the months of oct-feb.

Buy this scrip...

Posted by : monu4u
Price when posted : BSE: Rs 53.60 ( -5.38 % ), NSE: Rs. 53.70 ( -5.37 % )

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Dear All
I'm not a market expert. But I've never seen a sell call on Mercator lines by any market analyst. Right now you r getting this stock for a very cheap price. you won't see such levels again. Definitly you'll get handsome returns by investing in this gem cause shipping business is most profitable in the months of oct-feb....

SHIPPING INDUSTRY IS CRASHED!

Posted by : monu4u
Price when posted : BSE: Rs 54.80 ( -3.27 % ), NSE: Rs. 53.80 ( -5.20 % )

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hi
on which basis u r saying this.. always mention link to the source of information before you make any statement. If you have any solid base to say these kind of things then only mention otherwise not.... dont mislead investors please.......

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SHIPPING INDUSTRY IS CRASHED!

Posted by : avrochan

Guys recent news in Bloomberg is that shipping industry globally is very badly hit. Mercator is one of them, the stock will fall below its recent lows, so i feel one can exit and re-enter. It may find support at 47-48. If this breaks then it can fall to
Rs.32/- Be cautious in holding shipping stocks for the time being. There can be be a further wash out in this counter.

MERCATOR OR ALLIGATOR ?

Posted by : Guest
Price when posted : BSE: Rs 56.65 ( -7.05 % ), NSE: Rs. 56.75 ( -6.97 % )

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where can we track baltic fleet index?
please provide the info in detail..thanks....

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MERCATOR OR ALLIGATOR ?

Posted by : vtycoon

dude 2day MLL fell becs BALTIC fleet index fell more dan 10 %....

u cant do anything...jus hold on :(

evn ma portfolia has sunked d baltic index ...:(

SHIPPING INDUSTRY IS CRASHED!

Posted by : avrochan
Price when posted : BSE: Rs 56.65 ( -7.05 % ), NSE: Rs. 56.75 ( -6.97 % )

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Guys recent news in Bloomberg is that shipping industry globally is very badly hit. Mercator is one of them, the stock will fall below its recent lows, so i feel one can exit and re-enter. It may find support at 47-48. If this breaks then it can fall to
Rs.32/- Be cautious in holding shipping stocks for the time being. There can be be a further wash out in this counter. ...

MERCATOR OR ALLIGATOR ?

Posted by : Guest
Price when posted : BSE: Rs 56.65 ( -7.05 % ), NSE: Rs. 56.75 ( -6.97 % )

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since the market is falling, the number of falls is more than the number of rise. So go short on all the midcap stocks becoz they fall more. Similarly when the index turns bullinsh go long on all frontline stocks.

Sell short daily and square next day. Chances of making money is very high but risk is also high.
Bull run, buy today and sell tomorrow....

In reply to:

MERCATOR OR ALLIGATOR ?

Posted by : vtycoon

dude 2day MLL fell becs BALTIC fleet index fell more dan 10 %....

u cant do anything...jus hold on :(

evn ma portfolia has sunked d baltic index ...:(