Anyw, anyone here bought this share? My colleague shared that no one buy this share despite him queuing at sell price. Anyone to velidate what he said is true
The management like making fun of themselves. Must be the ceo had too much fun with vivian la. Still have pending court case with Semb Marine and debt growing.
Marco Polo Marine clarifies financial status
The management like making fun of themselves. Must be the ceo had too much fun with vivian la. Still have pending court case with Semb Marine and debt growing.
Marco Polo Marine clarifies financial status
Marco Polo Marine future in doubt: http://splash247.com/marco-polo-marines-future-doubt/
This one going down very fast is an example of how inability to service debt can pull the price down into the abyss. Now using legal means to ask noteholders for leeway while at the same time reminding them that it does not garuantee less losses thereby protecting own backside from all angles. Their appointed helper really knows how to serve their client.
If noteholders agree, noteholders die. If noteholders dont agree both notehholders and MPM die. If someone is going to hantan you and you know there is a good chance that you cannot aviod it, you can choose to
1. accept fate and take the bashing
2. at least hantan back so that the agressor also take some damage together.
I am only worry about Vivan Hsu.
Seem like more bleeding ahead. The bondholders also bo bian suckthumb
Marco Polo Marine requests an extension to its notes maturity date
I rem a famous blogger (is it a sporean investor) claiming to have biggest holdings for MPM and yet get a big sum in dividend year in year out. His supporters must been crying now after all the averaging down and talk about cabotage law.
What do you think of a company who went to court with Semb mar after it has delivered the rig as promised. Bridges burn, not sure others will want to do business with them in future.
What do you think of a company who went to court with Semb mar after it has delivered the rig as promised. Bridges burn, not sure others will want to do business with them in future.
With Vivian Everyday. No mood for business Liao.
What will happen to Vivian Hsu if MPM go belly up?
What will happen to Vivian Hsu if MPM go belly up?
and....
