MRM 0.00% 33.0¢ mma offshore limited

Marine Services Singapore Government, page-10

  1. 914 Posts.
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    Hi all, haven't commented on MRM threads for a while, but have been quietly following along to see what might happen as a former holder.
    One thing I haven't read much about outside the chest beating about whether MRM will make it as a going concern is what people are expecting in terms of upside if indeed it can repay its loan instalments and fight through until a rebound in oil happens?
    What sort of return are you guys hoping for? An SP of 60 or 80c if it genuinely re-rates?

    Still seems like a lot of risk when it could be a zero return game, and if you are only hoping for a SP in that range i'd rather find a good thing at Flemington to double my money.

    Anyone have a different price target based on NTA or future earnings?
 
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