Imo the time to buy a company is when it is under pressure, it's one of the few times you can pick up a company for a bargain price, but at the same time it needs to be a company which can survive the pressure and keep profitable.
MrM have a strong balance sheet, are profitable, and have been around for a while, imo they will also be around when the cycle turns.
So where does this bring us, if you want a company to hold for the long term which has the potential to increase in share price and has a strong history of dividends I would say MRM is an excellent buy.
Iran to put further downward pressure on oil could affect service provider Mermaid Marine, page-26
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MRM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.58 |
Change
0.020(0.78%) |
Mkt cap ! $977.8M | |||
| Open | High | Low | Value | Volume |
| $2.56 | $2.59 | $2.54 | $37.20M | 14.51M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1350703 | $2.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 67518 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MRM (ASX) Chart |