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Marco Polo Marine
Broker's Calls
Brokers’ Digest: Nanofilm, CDG, CICT, DBS, Singtel, Hong Leong Asia, Centurion, Keppel DC REIT, Marco Polo Marine
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April 26, 2024
Broker's Calls
Landmark financing to help speed up growth for Marco Polo Marine, says Maybank Securities
Marco Polo Marine trades at just 8.5x earnings, below 15 - 25x fetched by regional and global peers
April 18, 2024
Offshore & Marine
Marco Polo Marine’s maiden CSOV is scheduled for delivery in September
The CSOV, which measures 83 metres long and can accommodate up to 110 people, will be the first such vessel to be designed in Asia
April 17, 2024
Broker's Calls
Brokers’ Digest: Oiltek, ST Engineering, 17LIVE, ComfortDelGro, Marco Polo Marine, Winking Studios, HRnetGroup, Sheng Si
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April 12, 2024
Broker's Calls
RHB lifts Marco Polo Marine's target price to 8.1 cents following new chartering agreement
Marco Polo Marine shares have gained 32% year to date
April 09, 2024
Broker's Calls
Lim & Tan Securities initiates ‘buy’ on Marco Polo Marine with TP of 8.3 cents
“Given the higher potential of the current upcycle, we think that Marco Polo Marine can trade up to at least 11.0 times P/E."
April 05, 2024
Broker's Calls
UOB Kay Hian ups Marco Polo Marine’s TP to 8.6 cents with charter rate tailwinds and Korean expansion
The higher target price is due to a higher P/E peg multiple of 11 times from 9 times FY2024 P/E previously.
March 25, 2024
Broker's Calls
Brokers’ Digest: CLINT, Marco Polo Marine, Hong Leong Asia, Dyna-Mac, Prime US REIT, SGX, ISDN, ISEC Healthcare, Hyphens
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March 21, 2024
Contracts
Marco Polo Marine secures APAC crew transfer vessel framework agreement with Siemens Gamesa
The maiden CTV charter in South Korea will begin in 4Q2024, marking the company’s first entry into the new market.
March 21, 2024
Broker's Calls
Maybank initiates ‘buy’ on Marco Polo Marine with TP of 8.8 cents
At its current share price levels, Marco Polo Marine, which is trading at 6.9 times FY2024 P/E, is "significantly undervalued".
March 20, 2024