| Latest Forum Topics / MarcoPolo Marine Last:0.148 -- |
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Shifu8888
Supreme |
18-May-2020 15:49
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Yes. That is right. Moving... down.... lots of traders. Buy 13 and then q to sell immediately at 14. Poor stock.
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SmallSmall
Supreme |
18-May-2020 15:44
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Moving.... Ausgroup already moved.....Rotational | ||||
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SmallSmall
Supreme |
17-May-2020 23:20
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Heng ah ....... Review of Business Strategy The management has taken steps to review various options to realign its business and operations to preserve value for the stakeholders of the Company. Action plans have been put in place to improve operational efficiency and reduce operating costs in view of the current challenging conditions and limited visibility of how the global crisis will unfold. Nevertheless, as compared to the last oil and gas crisis in 2016, the Group is now better positioned to ride through the current crisis with a stronger balance sheet coupled with prudence in debt and cash flow management. The Company will release further announcements should there any material developments in its business and operations
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JY0064
Senior |
16-May-2020 16:32
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The best is yet to be.
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Newlearner
Veteran |
16-May-2020 16:31
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Seriously, local oil & gas industry barely recovered from 2015 storm, now came another tyhoon...dunno should thanks saudi or US.... | ||||
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Joelton
Supreme |
16-May-2020 11:51
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Marco Polo Marine shrinks H1 net loss to S$708,000, says it' s in better shape than in last oil crashFRI, MAY 15, 2020 - 6:15 PMMARCO Polo Marine is in better shape to ride out the ongoing oil and gas crisis than it was during the crash of 2016, the board said in a bourse filing on Friday, as the offshore and marine player sharply narrowed its losses for the six months to March 31. Marco Polo, which emerged from debt restructuring in 2017 after a bail-out by a group of white knights, saw its first-half net loss shrink to S$708,000, from S$4.82 million in the year before. While it was dragged into the red on finance costs and a share of joint-venture losses, it has turned an operating profit amid a 49.5 per cent year-on-year jump in revenue to S$18.6 million. Both the ship-chartering and shipyard business units posted turnover growth, which the group attributed to an improved utilisation of offshore vessels and more ship-repair projects. Meanwhile, the board warned that Marco Polo&rsquo s earnings capacity and its ability to get new charter contracts could take a hit &ldquo in the next few months&rdquo from both the coronavirus pandemic and a plunge in global oil prices. Ship repair works are also expected to decrease as international clients grapple with the lockdowns imposed to curb the spread of the deadly disease, even though Marco Polo has upgraded its drydock to handle larger vessels, the board added. Still, Marco Polo noted that it has diversified into new businesses such as submarine cable installations and offshore wind-farm projects, and is working to expand beyond South-east Asia. &ldquo The group is now better positioned to ride through the current crisis with a stronger balance sheet, coupled with prudence in debt and cash flow management,&rdquo the board added. Loss per share was 0.02 Singapore cent, compared with 0.14 Singapore cent in the year before, while net asset value was flat at 3.1 Singapore cents a share. No dividend was declared for the half-year, unchanged from the year prior, in a decision that the board said was made &ldquo in view of the loss-making position of the group&rdquo . The counter closed flat at 1.3 Singapore cents before the latest announcements. https://www.businesstimes.com.sg/companies-markets/marco-polo-marine-shrinks-h1-net-loss-to-s708000-says-its-in-better-shape-than-in |
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commando
Master |
14-May-2020 09:58
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No big bang leh
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SmallSmall
Supreme |
13-May-2020 15:31
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Getting ready for Tomorrow' s play. Big accumulation at $0.014. Chart wise look good too :)
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SmallSmall
Supreme |
13-May-2020 15:21
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Time to average my friend :) Opportunity like this does not come often :)
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TANPK123
Elite |
13-May-2020 15:10
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This counter is damn dead.. Keep almost 2 years. One word. Dead | ||||
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SmallSmall
Supreme |
13-May-2020 15:08
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Little stall bulls at this level. Just keep accumulating :)
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SmallSmall
Supreme |
13-May-2020 15:00
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All ready to move. Buy some for trading. Clusters of O& G sectors would move. Oil cannot be at this level for very long. The world has to and will restart COID or no COVID. |
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TANPK123
Elite |
06-Mar-2020 07:22
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We are ready. Fire soon
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Newlearner
Veteran |
06-Mar-2020 00:01
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Indeed.... especially current mother share last down @ 0.019....
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TANPK123
Elite |
20-Feb-2020 10:38
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Very supportive at 22. Anytime will shoot up to 30. Standby | ||||
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newpattern
Senior |
19-Feb-2020 09:16
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newpattern
Senior |
18-Feb-2020 00:03
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The Board of Directors of Marco Polo Marine Ltd (the &ldquo Company&rdquo ) wishes to announce that the number of issued ordinary shares of the Company(excluding treasury shares)has increased from3,520,328,361 ordinary shares to 3,522,617,103ordinary shares(excluding treasury shares)by way of allotment and issuance of2,288,742new ordinary shares pursuant to the exercise of 2,288,742warrants at the exercise price of S$0.035each on 12February 2020.These new shares rank pari passuin all respects with the existing shares of the Company, and will belisted and quoted on the SGX-ST on 14February 2020.Pursuant to the aforesaid exercise of warrants, there are 266,790,135outstanding warrants each with an exercise price of S$0.035expiring at 5p.m. (Singapore Time)on 29 January 2023
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newpattern
Senior |
17-Feb-2020 23:42
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Funny???
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LongNobley
Master |
17-Feb-2020 23:39
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What talking u
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newpattern
Senior |
17-Feb-2020 23:26
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There was a bid to buy 1 million warrants at 0.006 cts and no sellers !!! Is it funny if the1 million bid warrants were filled at 0.006 cts,and buyer still need to pay exercise warrant price at 0.035 meaning total 0.006 + 0.035 = 0.041 cts to convert to mother share at 0.023 cts now ??? God at War must be crazy !!!!
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