|Day's range||0.058 - 0.059|
|52-week range||0.045 - 0.183|
|PE ratio (TTM)||-0.97|
|Dividend & yield||N/A (N/A)|
|1y target est||0.60|
Singapore companies, highly exposed to slowing global trade and a lacklustre commodity market, face a financing scramble in 2017, as more than US$12 billion of their bonds falls due and banks grow wary of lending to the resources sector.
Noteholders are ready to back the group’s decision. Marco Polo Marine plans to delay payment of S$50 million (US$37 million) securities due next month after appointing KPMG Services to review its business. In its SGX announcement, Marco Polo Marine revealed it convened an informal meeting of noteholders on Tuesday to present its KPMG’s independent business review as well as explore the various options relating to the impending maturity of the notes.
Click here to see latest analysisMarco Polo Marine Ltd. reports financial results for the quarter ended December 31, 2015.HighlightsSummary numbers: Revenues of SGD 17.01 million, Net Earnings of SGD 0.02 million, and Earnings per Share (EPS) of SGD 0.00.Gross margins widened from 22.65% to 29.66% compared to the same period last year, operating (EBITDA) margins […] (Read more...) The post Marco Polo Marine Ltd. Earnings Analysis: Q1, 2016 By the Numbers appeared first on CapitalCube.