my 2 cents quick analysis on MPM. Summary on findings/observation/thoughts 1) pb0.6 0 looks undervalued, question in my mind- why is it undervalued, any valuable fixed assets in its books 2) pe10, looks decent, not high 3) dividend

Company Name	Type	Ex-Date	Record Date	Date Paid/Payable	Particulars
MARCO POLO MARINE LTD.	DIVIDEND	10 Dec 2013	12 Dec 2013	20 Dec 2013	SGD 0.014 ONE-TIER TAX
MARCO POLO MARINE LTD.	DIVIDEND	10 Dec 2012	12 Dec 2012	21 Dec 2012	SGD 0.008 ONE-TIER TAX
MARCO POLO MARINE LTD.	DIVIDEND	09 Dec 2011	13 Dec 2011	22 Dec 2011	SGD 0.01 ONE-TIER TAX

This is the key for me to avoid this stock 1) too short a history- 3 years only to make a sound judgement 2) no clear trend, 0.01 then goes down and then goes up again. I wouldn't want my heart to go yoyo ......