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381-400 of 660
Great idea, just vested 300 lots, and keep till the oil boom is near over.
Nippon72 ( Date: 24-Aug-2022 11:03) Posted:
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8mil shares traded 36 last 5 mins
74mil changes hands at 35
If I were to hitch a ride and load up 200 lots using cpf srs/oa, park aside and dun see it for 5-10yrs. How many times bagger it will be?
superstartup ( Date: 24-Aug-2022 10:28) Posted:
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Not bad price movement since result announcement.
Safe bet.
Safe bet.
superstartup ( Date: 19-Aug-2022 09:11) Posted:
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Marco Polo Marine' s former executive chairman to purchase 121.8 mil shares in the company at 3.3 cents apiece
Lee Wan Tang, the former executive chairman of SGX-listed Marco Polo Marine, has entered into a share purchase agreement on Aug 21 to acquire 121.8 million shares in the company at 3.3 cents apiece.
The transaction is expected to be completed on or before Oct 31.
Following the purchase, Lee will hold a direct stake of 148 million shares, or 4.19% of the company&rsquo s total share capital, from 0.75% previously.
Lee&rsquo s purchase will value Marco Polo Marine at $106.2 million.
Including the Lee family&rsquo s interest held through Nautical International Holdings, the family will become the largest shareholder of Marco Polo Marine with a total shareholding of 19.7%, upon the completion of the transaction.
27mil shares done in 8 mins
12 mil at 34 cleared during TAC. not bad. marco is a gradual mover. not the fast and furious type.
Ssh LEE WAN TANG acquired :121,785,714 shares via off market transaction (eg. married deals) today.
Amount of consideration paid by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$4,018,928.56
https://links.sgx.com/1.0.0/corporate-announcements/EW17PEPCONKXSM4F/729340__Lee%20Wan%20Tang%20Form%203.pdf
Amount of consideration paid by Substantial Shareholder/Unitholder (excluding brokerage and stamp duties): S$4,018,928.56
https://links.sgx.com/1.0.0/corporate-announcements/EW17PEPCONKXSM4F/729340__Lee%20Wan%20Tang%20Form%203.pdf
spursfan ( Date: 15-Jul-2022 09:56) Posted:
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Today is accumulation day
Need to wait for the re-rating, maybe in the next 2 to 3 trading says
RHB current TP 0.04
UOB current TP 0.043
As of now, the 1st 3Qs result had met both RHB and UOB FULL YEAR estimates
Solely 3Q is double their quarterly estimates
Hope I in the right track
Your guess and my guess
Just sharing
Need to wait for the re-rating, maybe in the next 2 to 3 trading says
RHB current TP 0.04
UOB current TP 0.043
As of now, the 1st 3Qs result had met both RHB and UOB FULL YEAR estimates
Solely 3Q is double their quarterly estimates
Hope I in the right track
Your guess and my guess
Just sharing
TANPK123 ( Date: 18-Aug-2022 21:54) Posted:
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Marco Polo Marine Q3 revenue up 140% on shipyard, ship chartering growth
INTEGRATED marine logistics company Marco Polo Marine : 5LY +3.33% saw its revenue for the third quarter ended Jun 30 rise 139.5 per cent year on year.
This comes on the back of more ship repair activities, stronger demand from end customers and an increase in capacity following the completion of extension works on its Dry Dock 1 in Q2 2022.
Gross profit also rose 185.3 per cent to S$9.7 million, up from S$3.4 million previously, as both the shipyard and ship chartering segments experienced " tremendous growth" , the group noted in a business update on Thursday (Aug 18).
" During the quarter, the group also observed a growth in market share due to an increase in demand. The group' s shipyard was operating near full capacity at an average utilisation rate of 86 per cent in Q3 2022," it added.
For the ship chartering segment, demand for vessels remains strong, driven by both the oil and gas and offshore windfarm sector, the group said.
The jump in revenue was also due to a significant increase in average charter rates, rise in average utilisation rates for vessels, as well as consolidation of revenue from Indonesian shipping agency company PT Pelayaran Nasional Bina Buana Raya and Taiwan-based offshore renewables service firm PKR Offshore - in which the group holds a 70.7 per cent and 49 per cent stake - respectively.
The group expects a strong finish to the year on the back of rising demand from end customers for both the shipyard and ship chartering segments, the filing noted.
This is the first quarter where contributions from recent acquisitions have positively impacted the group' s top and bottom line, according to chief executive officer of Marco Polo Marine, Sean Lee.
" The offshore windfarm sector continues to present tremendous opportunities for the group. By tapping on our proven track record, the group is looking to expand both its geographical presence and services provided for the offshore windfarm sector," he said.
Tomorrow chiong anot ?
spursfan ( Date: 18-Aug-2022 17:30) Posted:
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Immediate Release
Marco Polo Marine&rsquo s 3QFY2022 Gross Profit
Rose Nearly 3x Y-o-Y
Voluntary Business Updates
- 3QFY2022 revenue increased more than 130% y-o-y Gross Profit rose nearly 3x y-o-y to S$9.7 million
- Ship chartering segment saw a significant increase in average charter rates and a YoY increase in average utilisation rates for vessels.
- Shipyard revenue grew YoY as the capacity for ship repair activities increased following the completion of extension works on Dry Dock 1 at the end of 2QFY2022.
SINGAPORE, 18 August, 2022 &ndash Marco Polo Marine Ltd. (SGX:5LY) (&ldquo Marco Polo Marine&rdquo or the &ldquo Company&rdquo , and together with its subsidiaries, &ldquo the Group&rdquo ), a reputable regional integrated marine logistics company, wishes to update the shareholders in this voluntary operational update for the financial quarter ended 30 June 2022 (&ldquo 3QFY2022&rdquo ).
Financial Highlights
| S$ million | 3Q FY2022 |
3Q FY2021 |
% change | 9M FY2022 |
9M FY2021 |
% change | ||
| Revenue | 28.5 | 11.9 | 139.5% | 56.2 | 33.0 | 70.3% | ||
| Gross Profit | 9.7 | 3.4 | 185.3% | 17.8 | 8.4 | 111.9% | ||
| Gross Profit | 34.0% | 28.6% | 31.7% | 25.5% | ||||
| Margin | ||||||||
The Group is pleased to announce that it recorded an improvement in operational performance YoY for 3QFY2022. Both its shipyard and ship chartering segments experienced tremendous growth and recorded a stronger revenue and gross profit. Revenue increased more than 130% and 70% respectively for 3QFY2022 and 9MFY2022. 3QFY2022 and 9MFY2022 Gross profit also increased 185.3% and 111.9% y-o-y to S$9.7 million and S$17.8 million respectively.
https://links.sgx.com/1.0.0/corporate-announcements/BYVSHRELV815WD2W/729035_Marco%20Polo%20Marine%20-%203QFY2022%20Business%20Update.pdf
Some action . Marco is a bit laborious. Too many shares
Ssh Lee Wan Tang acquired 6 mil shares last two days
https://links.sgx.com/1.0.0/corporate-announcements/50WWY4EDO1AEBHR4/723749__Lee%20Wan%20Tang%20Form%203.pdf
https://links.sgx.com/1.0.0/corporate-announcements/0FKS7KSDJVQXP1ZD/723746_Lee%20Wan%20Tang%20Form%203.pdf
https://links.sgx.com/1.0.0/corporate-announcements/50WWY4EDO1AEBHR4/723749__Lee%20Wan%20Tang%20Form%203.pdf
https://links.sgx.com/1.0.0/corporate-announcements/0FKS7KSDJVQXP1ZD/723746_Lee%20Wan%20Tang%20Form%203.pdf
Marco Polo Marine:
Strong Q1 comments on Shipyard operations and Ship chartering segments. Apart from these, the group has many new ventures:
Firstly, a new venture to Co-Develop Service Operation Vessel and Commissioning Service Operation Vessel to support offshore wind farms together with leading green tech ship design company Seatech Solutions International.
It will co-develop two new specialised offshore wind service, operation and maintenance vessels which will be future-ready with hybrid battery based energy storage systems (ESS), and drone-equipped capabilities.
These features will cut fuel consumption and emissions by up to 15%-20% as compared to a non-diesel electric hybrid vessel.
Next is an acquisition. Marco Polo Marine successfully completed its acquisition of Taiwan-based PKR Offshore The acquisition is expected to boost the Group&rsquo s presence in the Taiwan which is positioned to become one of Asia&rsquo s most prolific offshore wind market.
The acquisition gets the group a step closer to its goal of having 40% of its vessels service Taiwan&rsquo s offshore windfarm sector by end of FY2022.
Lastly, the Group also ventured into Green Ship Recycling at its shipyard in Indonesia.
Partially taken from :
https://www.smallcapasia.com/top-3-shipping-stocks-that-can-sail-higher/
BUY
(Maintained)
Share Price S$0.028
Target Price S$0.043
Upside +53.6%
(Previous TP S$0.038)
COMPANY DESCRIPTION
Marco Polo Marine is an integrated marine
logistics group that provides ship chartering of
OSVs in regional waters, as well as ship
building and maintenance at its shipyard in
Batam, Indonesia.
STOCK DATA
GICS sector Industrials
Bloomberg ticker: MPM SP
Shares issued (m): 3,538.3
Market cap (S$m): 106.1
Market cap (US$m): 76.3
3-mth avg daily t' over (US$m): 0.5
Price Performance (%)
52-week high/low S$0.035/S$0.024
1mth 3mth 6mth 1yr YTD
7.1 7.1 11.1 3.4 11.1
Major Shareholders %
Apricot Capital 17.2
Lee family (founders) 16.0
Yanlord Holdings 8.6
Penguin International 8.6
FY22 NAV/Share (S$) 0.03
FY22 Net Cash/Share (S$) 0.01
(Maintained)
Share Price S$0.028
Target Price S$0.043
Upside +53.6%
(Previous TP S$0.038)
COMPANY DESCRIPTION
Marco Polo Marine is an integrated marine
logistics group that provides ship chartering of
OSVs in regional waters, as well as ship
building and maintenance at its shipyard in
Batam, Indonesia.
STOCK DATA
GICS sector Industrials
Bloomberg ticker: MPM SP
Shares issued (m): 3,538.3
Market cap (S$m): 106.1
Market cap (US$m): 76.3
3-mth avg daily t' over (US$m): 0.5
Price Performance (%)
52-week high/low S$0.035/S$0.024
1mth 3mth 6mth 1yr YTD
7.1 7.1 11.1 3.4 11.1
Major Shareholders %
Apricot Capital 17.2
Lee family (founders) 16.0
Yanlord Holdings 8.6
Penguin International 8.6
FY22 NAV/Share (S$) 0.03
FY22 Net Cash/Share (S$) 0.01
hope can clear 32 today
SmallSmall ( Date: 06-Jun-2022 15:11) Posted:
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$0.035 cleared !