Shares & Derivatives
Marco Polo Marine: Is this a good time to buy more?
By A Singaporean Stockmarket Investor (ASSI)  •  April 7, 2013
Yesterday, I met up briefly with some friends. It was a very invigorating experience as we talked about value investing. When asked if there was a stock which I thought would pass any fundamental analysis on both quantitative and qualitative aspects, without hesitation, I said "Marco Polo Marine".
Massive shortage has resulted in a 15% to 20% AHTS charter rate premium in Indonesia .
I have blogged extensively about Marco Polo Marine's business and why its stock was undervalued and how, even now, it is inexpensive. However, Mr. Market is a sentimental being and how he feels is more important than how he thinks. So, can we tell how Mr. Market feels about the stock? I have mentioned about the glaring negative divergence in the chart a few times before and how anyone who should buy in then should be cautious enough not to throw in everything including the kitchen sink. Since touching a high ......
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By A Singaporean Stockmarket Investor (ASSI)
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