Home Capital Broker's Calls

Continue to 'buy' Marco Polo Marine as it ventures into renewable energy: RHB

Amala Balakrishner
Amala Balakrishner8/31/2021 12:33 PM GMT+08  • 3 min read
Continue to 'buy' Marco Polo Marine as it ventures into renewable energy: RHB
RHB’s small cap Asean research team is maintaining its ‘buy’ call and target price of 4.1 cents on Marco Polo Marine.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

RHB’s small cap Asean research team is maintaining its ‘buy’ call and target price of 4.1 cents on Marco Polo Marine.

This is expected to give the counter a 33% upside from its current 3 cent price, analyst Jarick Seet writes in an Aug 31 note.

His move comes as the group’s revenue for 9MFY21 ending in September has already exceeded that logged in FY2020 thanks to strong growth in its ship chartering and repair activities.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.