Marco Polo Marine's Growth Outlook Appears to Be Accelerating -- Market Talk

Dow Jones

01/16

0503 GMT - Marco Polo Marine's growth outlook appears to be accelerating, RHB Research's Alfie Yeo says in a research report. Revenue from its new shipyard could be stronger than expected, the analyst says. The marine logistics group may take about three years instead of four years to deliver a S$198 million vessel, and its new dry dock operation could ramp up faster than anticipated. RHB now expects the company's four dry docks and the contract for the vessel to contribute over S$120 million in revenue in FY 2026, assuming a three-year delivery time frame for the vessel. RHB raises the stock's target price to S$0.177 from S$0.140 with an unchanged buy rating. Shares are 1.3% lower at S$0.151. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

January 16, 2026 00:03 ET (05:03 GMT)

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Revenue from its new shipyard could be stronger than expected, the analyst says. The marine logistics group may take about three years instead of four years to deliver a S$198 million vessel, and its new dry dock operation could ramp up faster than anticipated. RHB now expects the company's four dry docks and the contract for the vessel to contribute over S$120 million in revenue in FY 2026, assuming a three-year delivery time frame for the vessel. RHB raises the stock's target price to S$0.177 from S$0.140 with an unchanged buy rating. Shares are 1.3% lower at S$0.151. 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Revenue from its new shipyard could be stronger than expected, the analyst says. The marine logistics group may take about three years instead of four years to deliver a S$198 million vessel, and its new dry dock operation could ramp up faster than anticipated. RHB now expects the company's four dry docks and the contract for the vessel to contribute over S$120 million in revenue in FY 2026, assuming a three-year delivery time frame for the vessel. RHB raises the stock's target price to S$0.177 from S$0.140 with an unchanged buy rating. Shares are 1.3% lower at S$0.151. (ronnie.harui@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 16, 2026 00:03 ET (05:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6519","symbol_name":"運輸股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2603282951","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603282951","pubTimestamp":1768539780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0503 GMT - Marco Polo Marine's growth outlook appears to be accelerating, RHB Research's Alfie Yeo says in a research report. Revenue from its new shipyard could be stronger than expected, the analyst says. The marine logistics group may take about three years instead of four years to deliver a S$198 million vessel, and its new dry dock operation could ramp up faster than anticipated. RHB now expects the company's four dry docks and the contract for the vessel to contribute over S$120 million in revenue in FY 2026, assuming a three-year delivery time frame for the vessel. RHB raises the stock's target price to S$0.177 from S$0.140 with an unchanged buy rating. Shares are 1.3% lower at S$0.151. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6519":"运输股","SG9999002406.SGD":"利安新加坡信托基金","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","BK6004":"海运","5LY.SI":"马可波罗海业"},"translate_title":"马可波罗海事的增长前景似乎正在加速——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5LY.SI":0.9},"content_text":"0503 GMT - Marco Polo Marine's growth outlook appears to be accelerating, RHB Research's Alfie Yeo says in a research report. Revenue from its new shipyard could be stronger than expected, the analyst says. The marine logistics group may take about three years instead of four years to deliver a S$198 million vessel, and its new dry dock operation could ramp up faster than anticipated. RHB now expects the company's four dry docks and the contract for the vessel to contribute over S$120 million in revenue in FY 2026, assuming a three-year delivery time frame for the vessel. RHB raises the stock's target price to S$0.177 from S$0.140 with an unchanged buy rating. Shares are 1.3% lower at S$0.151. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 16, 2026 00:03 ET (05:03 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}