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Steady....steady.
The news of the Taiwan listing still not fully digested..not sunk in yet.
Macro Polo Marine is a good company with great prospect in a growing business sector.
Good for investment and not speculation.
The news of the Taiwan listing still not fully digested..not sunk in yet.
Macro Polo Marine is a good company with great prospect in a growing business sector.
Good for investment and not speculation.
fighting ( Date: 27-Aug-2025 09:22) Posted:
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Selling slow down. Accumulation ending soon.... 0.08 in coming days.
Has the stock traded ahead of itself...? Big rally before the announcement.
A lot may have missed this annoucement. Thks for sharing! I think this will give it the next leg up to 8cts and higher.
Marco Polo Marine subsidiary to list in Taiwan, plans to submit listing application by 3Q2026
Marco Polo Marine&rsquo s 49%-owned indirect subsidiary, PKR Offshore, is targeting to list in Taiwan and plans to submit its listing application by the third quarter of 2026.
According to Marco Polo Marine, the move will unlock capital to fund PKR Offshore&rsquo s fleet of specialised offshore wind vessels where the proceeds will go towards developing vessels, including commissioning service operation vessels (CSOVs), to serve the high-growth offshore wind markets.
The planned listing is also meant to drive Marco Polo Marine&rsquo s growth in two key areas, which is to deepen its presence in the high-value renewable energy sector and tapping into new, dynamic capital markets.
Furthermore, by choosing to list in Taiwan, Marco Polo Marine is positioning PKR Offshore at the epicentre of one of Asia' s most ambitious offshore wind development programmes.
Marco Polo Marine has sought the Singapore Exchange Securities Trading Limited (SGX-ST)&rsquo s agreement that the proposed PKRO Listing would not amount to a chain listing for the purposes of Rule 210(6) of the SGX-ST listing manual.
Rule 210(6) states that a subsidiary or parent company of an existing listed company will &ldquo not normally be considered suitable for listing if the assets and operations of the applicant are substantially the same as those of the existing issuer&rdquo and that &ldquo in arriving at a decision, the Exchange will consider the applicant' s business or commercial reasons for listing.&rdquo
Given that PKR Offshore&rsquo s listing is expected to take place in the later part of 2026, Marco Polo Marine would have to pre-clear with the SGX-ST in the event of any significant changes in the proposal for the listing.
In its statement, Marco Polo Marine notes that the global offshore wind sector is continuing to display &ldquo robust growth fundamentals&rdquo . As of May this year, installed capacity has reached 83 GW with an additional 48 GW under construction, according to the Global Wind Energy Council (GWEC).
Notably, auction activity in the previous year amounted to 56.3 GW across major markets&mdash including China (17.4 GW), Europe (23.2 GW), the US (8.4 GW), and Northeast Asia (7.4 GW combined)&mdash with GWEC projecting a further 100 GW in the next two years, the company adds.
&ldquo This planned listing is a pivotal strategic move that aligns Marco Polo Marine with the global energy transition. By seeking to list PKR Offshore in Taiwan, we are planting our flag firmly in one of the world' s most dynamic offshore wind markets and creating a powerful platform for regional growth,&rdquo says Sean Lee, CEO of Marco Polo Marine.
" Taiwan provides the ideal springboard to serve the broader Asia region, where we see immense, long-term potential,&rdquo he adds. &ldquo For our investors, this represents a unique opportunity to participate in a renewable energy growth story, backed by Marco Polo Marine' s decades of maritime expertise and operational excellence. We are not just building ships we are building the critical infrastructure for the future of clean energy in Asia.&rdquo
Macro Polo Marine announcment on plan listing in Taiwan:
Marco Polo Marine Subsidiary PKRO to Plan for Listing in Taiwan, Expanding Asia Wind Vessel Fleet Strategic Listing of PKR Offshore to Support Growth in Next-Generation Vessels and Strengthen Position in Growing Offshore Wind Market
SINGAPORE, August 25, 2025 &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, today announced a strategic initiative to strengthen its position in the burgeoning offshore wind energy market. The Group' s 49%-owned indirect subsidiary, PKR Offshore Co. Ltd. (&ldquo PKRO&rdquo ), a Taiwan-based specialist in offshore wind farm support, is targeting a listing in Taiwan and plans to submit its listing application by the third quarter of 2026 (the &ldquo PKRO Listing&rdquo ).
https://links.sgx.com/1.0.0/corporate-announcements/SUB89OIVHB1MIHXG/856904_Marco%20Polo%20Marine%20Subsidiary%20PKRO%20to%20Plan%20for%20Listing%20in%20Taiwan.pdf
Marco Polo Marine Subsidiary PKRO to Plan for Listing in Taiwan, Expanding Asia Wind Vessel Fleet Strategic Listing of PKR Offshore to Support Growth in Next-Generation Vessels and Strengthen Position in Growing Offshore Wind Market
SINGAPORE, August 25, 2025 &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, today announced a strategic initiative to strengthen its position in the burgeoning offshore wind energy market. The Group' s 49%-owned indirect subsidiary, PKR Offshore Co. Ltd. (&ldquo PKRO&rdquo ), a Taiwan-based specialist in offshore wind farm support, is targeting a listing in Taiwan and plans to submit its listing application by the third quarter of 2026 (the &ldquo PKRO Listing&rdquo ).
https://links.sgx.com/1.0.0/corporate-announcements/SUB89OIVHB1MIHXG/856904_Marco%20Polo%20Marine%20Subsidiary%20PKRO%20to%20Plan%20for%20Listing%20in%20Taiwan.pdf
Hi Bro Johnsnow,
Nope, I didn' t buy any on Friday.
And nope, I don' t want to sell ...yet..as I think there' s plenty of upside to go.
If you follow this thread, I have commented earlier about the good prospect of Macro Polo Marine with the EQDP.
If you read my other postings, I am not a trader. I invest in stocks that I think are good and can give me great returns - dividend as well as capital gain.
I believe MAS' s EQDP is one big step in brreathing life into our market and have been following research houses' reports on the potential lists of Mid- and Small cap that will be included in the funds.
I have taken position in O& M (Offshore and Marine) counters much earlier. I believe now is the upcycle for this sector and boom time is here.
Other stocks I have vested include :
Dyna Mac (taken over by Koreans)
NamCheong - pared down my holding recently after the great run
Beng Kuang Marine - mid year results not as good as I hoped for but holding on as I believe their propsect is good
So far, my portfolio in this sector had done very well and I hope this will continue.
Don' t intend to sell unless the prices meet my target.
Good luck to me and you!!
Nope, I didn' t buy any on Friday.
And nope, I don' t want to sell ...yet..as I think there' s plenty of upside to go.
If you follow this thread, I have commented earlier about the good prospect of Macro Polo Marine with the EQDP.
If you read my other postings, I am not a trader. I invest in stocks that I think are good and can give me great returns - dividend as well as capital gain.
I believe MAS' s EQDP is one big step in brreathing life into our market and have been following research houses' reports on the potential lists of Mid- and Small cap that will be included in the funds.
I have taken position in O& M (Offshore and Marine) counters much earlier. I believe now is the upcycle for this sector and boom time is here.
Other stocks I have vested include :
Dyna Mac (taken over by Koreans)
NamCheong - pared down my holding recently after the great run
Beng Kuang Marine - mid year results not as good as I hoped for but holding on as I believe their propsect is good
So far, my portfolio in this sector had done very well and I hope this will continue.
Don' t intend to sell unless the prices meet my target.
Good luck to me and you!!
Johnsnow ( Date: 23-Aug-2025 15:19) Posted:
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You brought on Friday right, what price you want to sell to us
On 20 Aug, both Maybank Research and UOB Kay Hian posted that :
- the worst is over for Marco Polo Marine.
- CSOV debut will drive a stronger FY26
- longer charter will be secured to up utilisation
- rising rates will up revenue and profitability.
On 18 Aug, the company' s 3QFY25 business update presentation confirms all that.
On 21 Aug , the company announced :
Marco Polo Marine Scores Double Win with Maiden S$5 Million Fourth Dry Dock Contract and 3-Year Ship Repair & Maintenance Agreement with Cyan Renewables
Marco Polo is a touted by many research houses to be a beneficiary of MAS' s Equity Market Development Programme.
With all these positive development, the current share price of 6.7 cents is ridiculously low.
Maybank Research has a target price of 9 cents.
RHB Research target is 8 cents.
UOB Kay Hian has a conservative 7.6 cents target.
Time to cheong!
- the worst is over for Marco Polo Marine.
- CSOV debut will drive a stronger FY26
- longer charter will be secured to up utilisation
- rising rates will up revenue and profitability.
On 18 Aug, the company' s 3QFY25 business update presentation confirms all that.
On 21 Aug , the company announced :
Marco Polo Marine Scores Double Win with Maiden S$5 Million Fourth Dry Dock Contract and 3-Year Ship Repair & Maintenance Agreement with Cyan Renewables
Marco Polo is a touted by many research houses to be a beneficiary of MAS' s Equity Market Development Programme.
With all these positive development, the current share price of 6.7 cents is ridiculously low.
Maybank Research has a target price of 9 cents.
RHB Research target is 8 cents.
UOB Kay Hian has a conservative 7.6 cents target.
Time to cheong!
Reached, likely will hit 0.073.
fighting ( Date: 21-Aug-2025 09:34) Posted:
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0.07 today
Marco Polo Marine Q3 gross profit slides 4% to S$14 million
Marco Polo Marine has reported a revenue of $31.7 million for the 3QFY2025 ended June 30, down 9% y-o-y. For the 9MFY2025, revenue declined 13% y-o-y to $84.4 million.
The group says that this decline in revenue is driven by lower revenue from shipyard operations and rechartering income from third-party vessels in Taiwan.
Gross profit for 3QYFY2025 came in 4% y-o-y lower at $14 million, and 3% y-o-y lower for 9MFY2025 to $35.6 million.
Meanwhile, gross profit margin improved to 44% in 3QFY2025 and 42% in the 9MFY2025.
By segment, the group&rsquo s ship chartering business generated revenue of $22.2 million in 3QFY2025, supported by improved charter rates across its fleet and the maiden contribution of its first commissioning service operation vessel (CSOV).
While third-party vessel rechartering in Taiwan moderated, this was partially offset by revenue from owned vessels. For 9MFY2025, revenue stood at $54.2 million as the business continued to optimise its charter mix. Out of the $54.2 million, the CSOV and the three newly purchased CTVs contributed approximately S$11 million during this period.
The group&rsquo s vessel utilisation improved by 6 percentage points (ppts) y-o-y to 71%.
Ship building and repair operations revenue stood at $9.5 million in 3QFY2025, reflecting lower project volumes for the period. The ship repair utilisation rate improved to 88%, up 15 ppts q-o-q. However, revenue declined during the period due to a smaller number of shipbuilding projects in the pipeline.
As at end March, the group&rsquo s net cash position stood at $17.4 million.
The group says that its third-party rechartering of vessels in Taiwan is expected to remain muted due to the normal phasing of projects in the region. In April, the group&rsquo s first CSOV, the Wind Archer, started generating income for the group and is anticipated to do so in the final quarter of 2025 and FY2026.
Too obvious. 0.08 coming days.
fighting ( Date: 12-Aug-2025 18:28) Posted:
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Strong move sailing off...keep tab on nam cheong and asl too ...
muifan ( Date: 07-Aug-2025 09:53) Posted:
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Selling dried. Next is to cross 0.06
break key resistance in one move, shipping and vessels moving.....
Marco Polo Marine is poised to go up, it is being touted as beneficiary of the MAS EQDP. Quite a few houses also identified Marco Polo as strong potential.
The other small/mid cap stocks singled out by many broking houses include :
Valuetronics
UMS
Comfort delgro
IFast
Just to name a few.
n3wbie ( Date: 06-Aug-2025 21:53) Posted:
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MPM part of updated UOBKH model portfolio, highlighted for high charter rates and vessel utilisation
https://bt.sg/DhhM
https://bt.sg/DhhM
Now what?