Home
Login Register
MarcoPolo Marine    Last:0.152    -0.005

Marco Polo - IPO

 Post Reply 421-440 of 1162
 
superlegend
    20-May-2021 19:02  
Contact    Quote!
 
 
tankoksee
    20-May-2021 06:51  
Contact    Quote!
this co looks great n going places..

current valuation cheap n undemanding..

outlook positive n visible...

worth at least 5 cts ..smiley

Stocksguru      ( Date: 29-Jan-2021 10:20) Posted:

Seen like they going into wind farm vessel and smart fish farming.
Good to diversify their business, another oceanus in the making.

 
 
newbie19
    11-Feb-2021 18:58  
Contact    Quote!
Happy Lunar New Year to everyone here.. May Niu year brings good health not forgetting HUAT all the way to the banks..
 

 
SmallSmall
    02-Feb-2021 16:24  
Contact    Quote!
$0.018 cleared

SmallSmall      ( Date: 02-Feb-2021 14:48) Posted:

Ausgroup day high....... Marco Polo to follow ?

 
 
SmallSmall
    02-Feb-2021 14:48  
Contact    Quote!
Ausgroup day high....... Marco Polo to follow ?
 
 
Stocksguru
    29-Jan-2021 10:20  
Contact    Quote!
Seen like they going into wind farm vessel and smart fish farming.
Good to diversify their business, another oceanus in the making.
 

 
Shifu8888
    18-May-2020 15:57  
Contact    Quote!
Nice rotational play. Buyers bought at 13 and sold at 14 and then q to buy 13 again and wait to sell at 14. Pauper owners. Poor stock. It seems Ang mo stock more garang.
 
 
Shifu8888
    18-May-2020 15:49  
Contact    Quote!
Yes. That is right. Moving... down.... lots of traders. Buy 13 and then q to sell immediately at 14. Poor stock.

SmallSmall      ( Date: 18-May-2020 15:44) Posted:

Moving.... Ausgroup already moved.....Rotational

 
 
SmallSmall
    18-May-2020 15:44  
Contact    Quote!
Moving.... Ausgroup already moved.....Rotational
 
 
SmallSmall
    17-May-2020 23:20  
Contact    Quote!
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

JY0064      ( Date: 16-May-2020 16:32) Posted:

The best is yet to be.

Newlearner      ( Date: 16-May-2020 16:31) Posted:

Seriously, local oil & gas industry barely recovered from 2015 storm, now came another tyhoon...dunno should thanks saudi or US....


 

 
JY0064
    16-May-2020 16:32  
Contact    Quote!
The best is yet to be.

Newlearner      ( Date: 16-May-2020 16:31) Posted:

Seriously, local oil & gas industry barely recovered from 2015 storm, now came another tyhoon...dunno should thanks saudi or US....

 
 
Newlearner
    16-May-2020 16:31  
Contact    Quote!
Seriously, local oil & gas industry barely recovered from 2015 storm, now came another tyhoon...dunno should thanks saudi or US....
 
 
Joelton
    16-May-2020 11:51  
Contact    Quote!

Marco Polo Marine shrinks H1 net loss to S$708,000, says it' s in better shape than in last oil crash

FRI, MAY 15, 2020 - 6:15 PM

MARCO 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
 
 
 
commando
    14-May-2020 09:58  
Contact    Quote!
No big bang leh

SmallSmall      ( Date: 13-May-2020 15:31) Posted:

Getting ready for Tomorrow' s play. Big accumulation at $0.014. Chart wise look good too :)

SmallSmall      ( Date: 13-May-2020 15:21) Posted:

Time to average my friend :) Opportunity like this does not come often :


 
 
SmallSmall
    13-May-2020 15:31  
Contact    Quote!
Getting ready for Tomorrow' s play. Big accumulation at $0.014. Chart wise look good too :)

SmallSmall      ( Date: 13-May-2020 15:21) Posted:

Time to average my friend :) Opportunity like this does not come often :)

TANPK123      ( Date: 13-May-2020 15:10) Posted:

This counter is damn dead.. Keep almost 2 years. One word. Dead


 

 
SmallSmall
    13-May-2020 15:21  
Contact    Quote!
Time to average my friend :) Opportunity like this does not come often :)

TANPK123      ( Date: 13-May-2020 15:10) Posted:

This counter is damn dead.. Keep almost 2 years. One word. Dead

 
 
TANPK123
    13-May-2020 15:10  
Contact    Quote!
This counter is damn dead.. Keep almost 2 years. One word. Dead
 
 
SmallSmall
    13-May-2020 15:08  
Contact    Quote!
Little stall bulls at this level. Just keep accumulating :)

SmallSmall      ( Date: 13-May-2020 15:00) Posted:

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.
 

 
 
SmallSmall
    13-May-2020 15:00  
Contact    Quote!
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.
 
 
 
TANPK123
    06-Mar-2020 07:22  
Contact    Quote!
We are ready. Fire soon

Newlearner      ( Date: 06-Mar-2020 00:01) Posted:

Indeed.... especially current mother share last down @ 0.019....

newpattern      ( Date: 17-Feb-2020 23:26) Posted:

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 !!!!

smileylaugh


 
Important: Please read our Terms and Conditions and Privacy Policy .