Just review their corporate development over the past 6 months... seem like it is going to be a very good stock based on the following;
1) 9 month profit already more than last year full year profit.
2) New Yard in Batam is in full swing with more contract and more complex job which will continue to drive revenue.
3) New JV chartering services started in July 2012 secured long term contract is expected to delivery stable recurring income for FY September 2013.
4) Insiders has been buying up shares recently over the past 6 months which amount more than S$2 million dollars.
Do take a look at past 6 months company annoucement for your own due diligences.
Cheers..
Erelation
Was thinking of Otto Marine, because the share has been bombed out.
If it turns around, the % gain would be great. How does it compare with Marco Polo Marine?
Almost 2 years have passed and, erelation, if you had bought Marco Polo Marine & held it till today, alamak, the share price has stagnated at the 35-37 level.
Maybe Vivian Hsu can be the lucky charm for the CEO now that they are married!
MARCO POLO MARINE's CEO Weds Celebrity Actress-Model Vivian Hsu
