Latest Forum Topics /
MarcoPolo Marine
Last:0.157
-0.006
|
 Post Reply
|
|
Marco Polo - IPO
|
|||
|
ytoh1688
Veteran |
26-Aug-2014 14:02
|
||
|
x 0
x 0 Alert Admin |
Marco Polo Marine Results Review (BUY) - 30% Discount To Book For Our Top Alpha Play &ndash 19 August 2014 http://rhbosk.ap.bdvision.ipreo.com/NSightWeb_v2.00/Downloads/Files/e246772c-b1df-4405-a20b-3708df2af92a.pdf |
||
| Useful To Me Not Useful To Me | |||
|
granto
Master |
19-Aug-2014 09:39
|
||
|
x 0
x 0 Alert Admin |
Marco Polo and Nam Cheong form jv: http://www.seashipnews.com/News/Marco-Polo-and-Nam-Cheong-form-jv/3w3c2536.html |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
sheerluck
Supreme |
14-Aug-2014 20:27
Yells: "Work for your money first then let your money work for you" |
||
|
x 0
x 0 Alert Admin |
Unimpressive results. The CEO still sweet sweet honeymoon with Vivian Hsu? 
|
||
| Useful To Me Not Useful To Me | |||
|
sheerluck
Supreme |
07-May-2014 11:26
Yells: "Work for your money first then let your money work for you" |
||
|
x 0
x 0 Alert Admin |
This one debt too high. When the rig comes into action in 2016 and analyst expect profit to double but the debt will also be doubled. Between now and then too many events whether internal or external can affect its performance and hencec prices. I believe from now till then, there should be ample opportunities to take up a position with it, if it still prove worthy of it. DYDD. 
|
||
| Useful To Me Not Useful To Me | |||
|
Octavia
Supreme |
07-May-2014 09:22
|
||
|
x 0
x 0 Alert Admin |
Marco Polo 2QFY14 net profit slumped 68% to $3m, while revenue increased 52% to $32.5m, thanks to increased demand in the Ship Building and Repair Operations segment of the Group. Gross margins fell 15ppt to 27% due to an absence of one-off redelivery fee gained in 2QFY13. Bottomline was also weighed by reduced contributions from a 79.6% decrease in contributions by JVs and associates. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
Spivvy
Elite |
27-Feb-2014 11:52
|
||
|
x 0
x 0 Alert Admin |
yea, i also dont understand why. Becos no BBs playing it, so how great fundamentals also boh use?? | ||
| Useful To Me Not Useful To Me | |||
|
staphy82
Member |
27-Feb-2014 11:14
|
||
|
x 0
x 0 Alert Admin |
MP sucks! Great fundamentals, but share price always range-bound. Booooorrrreeeeeeeeeeng... |
||
| Useful To Me Not Useful To Me | |||
|
dingbat
Veteran |
27-Feb-2014 10:56
|
||
|
x 0
x 0 Alert Admin |
Sembcorp Marine's subsidiary PPL Shipyard has signed a turnkey jack-up rig contract worth US$214.3 million with Marco Polo Drilling (I) Pte. Ltd., an indirect wholly-owned subsidiary of Marco Polo Marine Ltd, as well as the grant of an option for two sequential units of similar jack-up rigs to be exercised at MPM's discretion. The transaction contemplated under the contract is subject to approvals from the shareholders of MPM Price moving up. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
slownsteady
Member |
20-Dec-2013 09:13
|
||
|
x 0
x 0 Alert Admin |
Today MPM open at 38.5c, up 7% in a week. Should reach 40 easy, then 45 to 50c. People start to realise the huge hidden value & growth potential.
|
||
| Useful To Me Not Useful To Me | |||
|
Octavia
Supreme |
18-Dec-2013 10:41
|
||
|
x 0
x 0 Alert Admin |
MPM has secured a 26-month contract for MP Prelude (with a 10-month extension option), a 13-month contract for MP Premier, and a 100-day contract for newly-acquired MP Prevail. The implied charter rates for these contracts at US$2.03-2.12/bhp/day are higher than previous rates of US$1.50/bhp/day, but within OSK DMG's expectations. House estimate these charters will yield > 45% net margins and > 64% asset ROEs, and provide good earnings visibility. MPM will be growing its AHTS fleet, capitalising on the strong returns available to Indonesian vessels in the cabotage-protected offshore space. Vessel prices have jumped 15% since the start of 2013, following a > 35% charter rate jump over the last 18 months. MPM?s stock trades at 6.0x FY14F P/E and 0.76x P/BV, undervaluing its strong growth potential and high-margin businesses. House believe the weaker tug and barge fleet returns and lower yard utilisation have already been priced in. Maintain BUY with $0.55 TP based on 9x FY14F P/E. | ||
| Useful To Me Not Useful To Me | |||
|
slownsteady
Member |
16-Dec-2013 07:49
|
||
|
x 0
x 0 Alert Admin |
Friday, Dec 16 closing price is too cheap at 36.0c Should hit 5-10% gains by end of the year (two weeks from now). |
||
| Useful To Me Not Useful To Me | |||
|
slownsteady
Member |
05-Dec-2013 10:26
|
||
|
x 0
x 0 Alert Admin |
MPM posted FY13 PATMI of SGD22.3m, with core PATMI at SGD16.6m. The big surprise was a 1.4-cent special dividend - a strong hint of management?s optimism on FY14. OSV charter income should surge as charter rates have been reset at c.USD2.00/bhp/day vs USD1.50/bhp/day before. Valuations are undemanding at a 6.2x FY14F P/E, 3.7% yield, and 0.8x P/BV based on 25% core profit growth. Maintain BUY and SGD0.55 TP. Charter rate up 30%! Revenue growth coming.
|
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
slownsteady
Member |
28-Nov-2013 11:24
|
||
|
x 0
x 0 Alert Admin |
This counter is ready for huge revenue growth. If you pay attention to the details in the FR, on pg 14 you can see how the non-current assets in Indonesia market has grown over 5x within a year. This is mostly the new fleet of offshore vessels, which has been reflagged to take advantage of the Cabotage laws in Indo. Marco has weathered through the tough part which is to build up the large fleet, with little revenue visibility. Chartering revenue is going to pick up now that this is completed, and there'll be great exposure when the revenue shoots up. |
||
| Useful To Me Not Useful To Me | |||
|
james87
Master |
27-Nov-2013 10:31
|
||
|
x 0
x 0 Alert Admin |
The results just too good for so many consecutive quarters and years. Wonder why still cannot attract more investors to push up the price.
|
||
| Useful To Me Not Useful To Me | |||
|
Octavia
Supreme |
27-Nov-2013 09:44
|
||
|
x 0
x 0 Alert Admin |
Marco Polo Marine: Record Net Profit Of S$25.2 Million Achieved For FY2013 On The Back Of 9th Consecutive Year Of Record Revenue And Gross Profit. Revenue upped by 4.1% to S$93.5 million in FY2013 from S$89.8 million in FY2012 with gross profit increased by 19.2% to S$34.8 million in FY2013 from S$29.2 million in FY2012. Laudable performance attributed mainly to the Group's ship chartering business, particularly from the offshore operations. EPS enhanced by 4.8% to 6.56 Singapore cents in FY2013 from 6.26 Singapore cents in FY2012 while NAV per share hiked by 15.5% to 47.8 Singapore cents as at 30 September 2013 from 41.4 Singapore cents as at 30 September 2012. Special interim dividend of 1.4 Singapore cents per share being declared... |
||
| Useful To Me Not Useful To Me | |||
|
james87
Master |
25-Sep-2013 17:38
|
||
|
x 0
x 0 Alert Admin |
awakening? | ||
| Useful To Me Not Useful To Me | |||
|
daddyo
Member |
19-Sep-2013 21:54
|
||
|
x 0
x 0 Alert Admin |
Generally a well-run firm with a young CEO. Price is soft because of macro uncertainties in Indonesia. Given time, I think this firm will perform. My personal target price is above 50c. |
||
| Useful To Me Not Useful To Me | |||
|
james87
Master |
11-Sep-2013 11:46
|
||
|
x 0
x 0 Alert Admin |
Haiz...bro..still a long wait for me. Bought at 0.44...dun think it will reach that point any sooner :(
|
||
| Useful To Me Not Useful To Me | |||
|
johnng
Supreme |
11-Sep-2013 11:23
|
||
|
x 0
x 0 Alert Admin |
marco polo picking up with marine stocks...!! | ||
| Useful To Me Not Useful To Me | |||
|
Octavia
Supreme |
13-Aug-2013 09:12
|
||
|
x 0
x 0 Alert Admin |
Marco Polo Marine reported that its net profit halved in the fiscal third quarter to S$4.3 million from S$8.9 million, even as its revenue doubled. Revenue grew to S$28.6 million from S$14.4 million on the back of higher demand for its ship chartering operations, the company said on Monday. Finance costs increased about five-fold to S$1.6 million in the quarter, brought about mainly by a subsidiary's interest expense in connection with its vessel loans, said the company. In the nine months to June 30, net profit gained 4 per cent to S$18.1 million. Revenue fell 7 per cent to S$65.1 million. |
||
| Useful To Me Not Useful To Me | |||