Shares & Derivatives
Marco Polo Marine: The CEO speaks and the technicals.
By A Singaporean Stockmarket Investor (ASSI)  •  March 3, 2013
I came across a recent interview with the CEO of Marco Polo Marine, Mr. Sean Lee. Although many things he said are not really news to me, it is still good to hear his statements. There are a few things he said which gave me a greater understanding of the company's competitive advantage and why they are well positioned to do better over time. Of course, we know that the Indonesian Cabotage Law contributes to Marco Polo Marine's strong economic moat. This coupled with a shortage of OSVs in the country has put Marco Polo Marine in a strongly favourable position. This shortage is likely to persist with the Indonesian offshore oil and gas exploration growing at a faster clip as the government plans to have domestic oil production catch up with domestic consumption.
“As demand continues to grow, the industry can also be expected to move towards more complicated offshore exploration activities and ......
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By A Singaporean Stockmarket Investor (ASSI)
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