Latest Forum Topics /
Seatrium Ltd
Last:2.03
-0.06
|
|
|
Seatrium - Sea of Hopes & Atrium of Surprises (II)
|
|||||
|
Joyoftheworld
Master |
21-Feb-2025 08:22
|
||||
|
x 0
x 1 Alert Admin |
Underlying net profit of 200mil is underwhelming. | ||||
| Useful To Me Not Useful To Me | |||||
|
QueenMaya
Senior |
21-Feb-2025 08:13
|
||||
|
x 0
x 0 Alert Admin |
Seatrium:
Energy engineering giant Seatrium posted its first black numbers in seven years and announced a dividend, marking a remarkable turnaround for a company which has struggled with volatile energy prices, contract scandals and finally a painful restructuring.
The company posted S$157 million in net profit for the year ended December 31, 2024, marking a massive turnaround from a loss of S$2 billion a year earlier.
More significantly for those watching the fortunes of this energy giant, it announced a dividend of 1.5 cents per share.
All this came on a huge 27 per cent surge in topline revenue to S$9.2 billion as order flows accelerated during the year. The company won new orders worth some S$15.2 billion last year, raising its orderbook to a record S$23.2 billion.
Most significantly, underlying net profit was S$200 million, again turning around from an underlying loss of S$28 million a year earlier.
Why is this important?
Underlying profit presents a company's core profitability by excluding non-recurring, exceptional, or volatile items from its reported profit. It provides a clearer view of the ongoing performance of a business by stripping out items that might distort the true financial health of the company.
The stock has been one of the top performers on the SGX over the past month, rising some 20 per cent. It closed at $2.50 on Thursday. Analysts have raised the target price to the $2.90-$3.00 level.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
MrBear12
Supreme |
21-Feb-2025 07:46
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 0
x 0 Alert Admin |
You've resurrected!
|
||||
| Useful To Me Not Useful To Me | |||||
|
Chansenghoe1971
Elite |
21-Feb-2025 07:38
|
||||
|
x 0
x 1 Alert Admin |
Been observing this for a long while
I have to say the price is over run. Nav $1.9 and below All analyst report are based on premium above nav. Some projects gained are probably under KOM entity. Saw Temasek selling. Why? Dividends assuming FY 3 cts (1.5 x 2) will yield only 1.2% dps Price had factored in Should re align back to 2.2 |
||||
| Useful To Me Not Useful To Me | |||||
|
ysh2006
Supreme |
21-Feb-2025 07:28
|
||||
|
x 0
x 0 Alert Admin |
First time so many years declared dividendl slowly can make it more one....$2.7 coming.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
MrBear12
Supreme |
21-Feb-2025 07:24
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 0
x 0 Alert Admin |
https://www.google.com/amp/s/www.theedgesingapore.com/amp/capital/results/seatriums-fy2024-earnings-157-million-marks-first-full-year-profitability-2017
Frankly, the results are disappointing. Any hope offered? |
||||
| Useful To Me Not Useful To Me | |||||
|
MrBear12
Supreme |
21-Feb-2025 07:19
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 0
x 0 Alert Admin |
Thoughts anyone?
I'm alone. |
||||
| Useful To Me Not Useful To Me | |||||
|
MrBear12
Supreme |
21-Feb-2025 07:18
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 0
x 0 Alert Admin |
Way below bear expectations of 500million. But in line with consensus.
1.5 cent dividend is better than bear cent expectation, but below market's. Those who think other companies netter can move out. Those who still wanna go to the moon in Seatrium rocket mark 12, hang on. It is gonna be a shaky ride. But we will get there. Somehow
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
MrBear12
Supreme |
21-Feb-2025 07:08
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 0
x 0 Alert Admin |
Well done Seatrium Majullah Seatrium God bless Seatrium | ||||
| Useful To Me Not Useful To Me | |||||
|
kt3152
Supreme |
21-Feb-2025 07:04
|
||||
|
x 0
x 0 Alert Admin |
Seatrium achieves underlying profit of S$200 million in its first full year results ▪ Disciplined project execution and divestment of non-core assets ▪ Decade-high net order book of S$23.2 billion1 27 projects with deliveries through to 2031 ▪ Proposes dividend of 1.5 Singapore cents/share | ||||
| Useful To Me Not Useful To Me | |||||
|
MrBear12
Supreme |
21-Feb-2025 06:39
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 0
x 0 Alert Admin |
Expectant morning
|
||||
| Useful To Me Not Useful To Me | |||||
|
teeth53
Supreme |
20-Feb-2025 23:49
Yells: "don't learn through life, learn to grow with life " |
||||
|
x 0
x 0 Alert Admin |
https://www.businesstimes.com.sg/companies-markets/stocks-watch-seatrium-singpost-sasseur-reit-cse-global-united-hampshire-us-reit
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
naoshingo
Elite |
20-Feb-2025 23:07
|
||||
|
x 0
x 0 Alert Admin |
Sleepless night. | ||||
| Useful To Me Not Useful To Me | |||||
|
Chengzu
Member |
20-Feb-2025 16:50
|
||||
|
x 0
x 0 Alert Admin |
supplying kits only? no lor, sembcorp marine and keppel O& M used to chunk out oil rigs and jackups wor, welding up matel plates from scratch.  hope seatrium can live back the good old days giving out 6-12 month bonus like last time.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Neutral_Guy
Senior |
20-Feb-2025 16:34
|
||||
|
x 0
x 0 Alert Admin |
Tonight and tomorrow have many companies reporting results. Seatrium tomorrow morning. Hope that everyone can get good results. See their results tomorrow and may come in again. | ||||
| Useful To Me Not Useful To Me | |||||
|
luckyboy22
Supreme |
20-Feb-2025 16:32
|
||||
|
x 0
x 0 Alert Admin |
lelong lelong last chance to buy cheap now because tmr price will chiong ..maybe to $2.70-2.80...huat ahhh!!! |
||||
| Useful To Me Not Useful To Me | |||||
|
Jimeagle
Veteran |
20-Feb-2025 16:28
|
||||
|
x 1
x 1 Alert Admin |
You sounded like a very panicky person or having anxiety.. small little thing and you kept saying result leaked.. I think you are a woman? I believe if you are a marrried man, every time you see your wife with another man, you get suspicious they having affair... stay calm lah..
|
||||
| Useful To Me Not Useful To Me | |||||
|
luckyboy22
Supreme |
20-Feb-2025 16:25
|
||||
|
x 0
x 0 Alert Admin |
I hope you are right Alan!
|
||||
| Useful To Me Not Useful To Me | |||||
|
alanchee
Senior |
20-Feb-2025 14:01
|
||||
|
x 0
x 0 Alert Admin |
Sales only 1.5k lots hence impact, if any, will be minimal. Keppel should be aware of this. Awaiting good results and declaration of div which should push up price
|
||||
| Useful To Me Not Useful To Me | |||||
|
Joyoftheworld
Master |
20-Feb-2025 13:49
|
||||
|
x 1
x 2 Alert Admin |
Why is it dropping? Has the year end results leaked? If 2024 net profit less than $300mil- crash $300-500mil- not much change above $500 mil- soar If the combination of 2 offshore mammoths, after writing off close to $5billion, cannot even squeeze out $300 yearly net profit, watch out below for $2. |
||||
| Useful To Me Not Useful To Me | |||||

