External broker reports(aggregated public sources), RHB Invest

RHB Invest

RHB Investment Bank is one of the leading capital market players in Malaysia. Supported by an award-winning research team of experienced product specialists, RHB Group Investment Banking offers a full range of investment banking products and services covering primary markets, such as advisory (corporate & debt restructuring, mergers and acquisitions, takeovers), fundraising via both equity and debt instruments, and secondary markets including securities trading for both institutional and retail clients.

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External broker reports(aggregated public sources)

RHB Investment Bank is one of the leading capital market players in Malaysia. Supported by an award-winning research team of experienced product specialists, RHB Group Investment Banking offers a full range of investment banking products and services covering primary markets, such as advisory (corporate & debt restructuring, mergers and acquisitions, takeovers), fundraising via both equity and debt instruments, and secondary markets including securities trading for both institutional and retail clients. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

<ul><li>We remain positive on Marco Polo Marine (SGX:5LY), even though Marco Polo Marine's share price has surged by &gt;20% from S$0.043 since our last update.</li><li>Marco Polo Marine remains attractive at 0.6x PEG. Reiterate BUY and S$0.06 target price, 27% upside.</li><li>Vessel demand remains robust, as regional O&amp;G exploration is increasing while North Asian nations build up their offshore windfarms to meet green or renewable energy environmental targets.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We remain positive on Marco Polo Marine (SGX:5LY), even though Marco Polo Marine's share price has surged by &gt;20% from S$0.043 since our last update.Marco Polo Marine remains attractive at 0.6x PEG. Reiterate BUY and S$0.06 target price, 27% upside.Vessel demand remains robust, as regional O&amp;G exploration is increasing while North Asian nations build up their offshore windfarms to meet green or renewable energy environmental targets.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Marco Polo Marine - On Track For Growth; Reiterate BUY