Marco Polo Marine's Earnings Outlook Appears Positive -- Market Talk

Dow Jones2022-08-30

0334 GMT - Marco Polo Marine's earnings outlook appears positive as charter rates are likely to rise further, RHB Research analyst Jarick Seet says in a research report. The analyst notes that the company's 3Q FY 2022 revenue and gross profit surged because of a substantial increase in charter rates, utilization rates and expanded capacity of its shipyard. The Singapore-listed marine logistics company, which provides ship chartering among various services, should see charter rates rising by a further 10%-20% in the near term because of limited supply and strong demand, the analyst says. RHB slightly raises the stock's target price to S$0.05 from S$0.04, while maintaining a buy rating. The shares are 5.4% higher at S$0.039. (ronnie.harui@wsj.com)

$(END)$ Dow Jones Newswires

August 29, 2022 23:34 ET (03:34 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

ThaiGirl
2022-11-11
ThaiGirl
Yes. Hope so, I have heavy interest in it.. Amen. Allah akkbar.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2263434336?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-08-30 11:34","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2263434336","market":"hk","top_or_hot":-1,"title":"Marco Polo Marine's Earnings Outlook Appears Positive -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0334 GMT - Marco Polo Marine's earnings outlook appears positive as charter rates are likely to rise further, RHB Research analyst Jarick Seet says in a research report. The analyst notes that the company's 3Q FY 2022 revenue and gross profit surged because of a substantial increase in charter rates, utilization rates and expanded capacity of its shipyard. The Singapore-listed marine logistics company, which provides ship chartering among various services, should see charter rates rising by a further 10%-20% in the near term because of limited supply and strong demand, the analyst says. RHB slightly raises the stock's target price to S$0.05 from S$0.04, while maintaining a buy rating. The shares are 5.4% higher at S$0.039. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  August 29, 2022 23:34 ET (03:34 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Marco Polo Marine's Earnings Outlook Appears Positive -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarco Polo Marine's Earnings Outlook Appears Positive -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-30 11:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0334 GMT - Marco Polo Marine's earnings outlook appears positive as charter rates are likely to rise further, RHB Research analyst Jarick Seet says in a research report. The analyst notes that the ...</p>\n\n<a href=\"http://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"5LY.SI","symbol_name":"马可波罗海业","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2263434336","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2263434336","pubTimestamp":1661830440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0334 GMT - Marco Polo Marine's earnings outlook appears positive as charter rates are likely to rise","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"5LY.SI":"马可波罗海业"},"translate_title":"马可波罗海运的收益前景似乎是积极的--市场传言","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5LY.SI":0.9},"content_text":"0334 GMT - Marco Polo Marine's earnings outlook appears positive as charter rates are likely to rise further, RHB Research analyst Jarick Seet says in a research report. The analyst notes that the company's 3Q FY 2022 revenue and gross profit surged because of a substantial increase in charter rates, utilization rates and expanded capacity of its shipyard. The Singapore-listed marine logistics company, which provides ship chartering among various services, should see charter rates rising by a further 10%-20% in the near term because of limited supply and strong demand, the analyst says. RHB slightly raises the stock's target price to S$0.05 from S$0.04, while maintaining a buy rating. The shares are 5.4% higher at S$0.039. (ronnie.harui@wsj.com) \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  August 29, 2022 23:34 ET (03:34 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9960837407,"gmtCreate":1668123809209,"gmtModify":1676538015457,"author":{"id":"4096881297965510","authorId":"4096881297965510","name":"ThaiGirl","avatar":"https://static.tigerbbs.com/ed7fd22ceea4dbb8d99a0f7a7bd466af","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":1,"idStr":"4096881297965510","authorIdStr":"4096881297965510"},"htmlText":"Yes. Hope so, I have heavy interest in it.. Amen. Allah akkbar.","listText":"Yes. Hope so, I have heavy interest in it.. Amen. Allah akkbar.","text":"Yes. Hope so, I have heavy interest in it.. Amen. Allah akkbar.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960837407","repostId":2263434336,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2263434336"}