Latest Forum Topics /
Seatrium Ltd
Last:2.03
-0.06
|
 Post Reply
|
|
SEATRIUM LTD. - ROCKETING TO THE MOON BY 2028 !!!!
|
|||||
|
JurongW
Elite |
09-Mar-2026 12:26
Yells: "Earnings give weight, Chart give wings" |
||||
|
x 0
x 0 Alert Admin |
Extracted from the ST article - These stocks were not spared from the market plunge today. Analysts at Citi Research noted on March 3 that certain sectors have historically shown resilience or even a mildly positive relationship with rising oil prices. Specifically, OCBC Bank, Yangzijiang Shipbuilding, Keppel, SATS and City Developments were identified as top picks for the next six to 12 months.
|
||||
| Useful To Me Not Useful To Me | |||||
|
PiRPiR
Master |
09-Mar-2026 12:16
|
||||
|
x 0
x 0 Alert Admin |
11:53 PM EDT, 03/08/2026 (MT Newswires) -- Seatrium (SGX:5E2) secured a project for the conversion of a new floating storage regasification unit from long-term client Karpowership, according to a Monday filing with the Singapore Exchange.
This is the company's eighth FSRU conversion project for Karpowership. The latest project is slated to commence during the third quarter of the year and is expected to deliver a regasification capacity of up to 600 million standard cubic feet per day. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Delvyss
Elite |
09-Mar-2026 10:57
|
||||
|
x 0
x 0 Alert Admin |
Go for gold, US dollar or Singapore stocks as Middle East conflict escalates?https://www.straitstimes.com/business/companies-markets/gold-us-dollar-or-singapore-stocks-where-to-seek-shelter-as-middle-east-conflict-escalates |
||||
| Useful To Me Not Useful To Me | |||||
|
MrBear12
Supreme |
09-Mar-2026 09:09
Yells: "Cast all our anxieties on Jesus for He cares for us" |
||||
|
x 1
x 2 Alert Admin |
woohoo!!!
Seatrium is going to fly...
|
||||
| Useful To Me Not Useful To Me | |||||
|
Delvyss
Elite |
09-Mar-2026 09:05
|
||||
|
x 0
x 0 Alert Admin |
Seatrium scoops latest floater prizehttps://www.upstreamonline.com/rigs-and-vessels/seatrium-scoops-latest-floater-prize/2-1-1956422 |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Trainner
Master |
05-Mar-2026 11:13
|
||||
|
x 0
x 0 Alert Admin |
Good or bad?
|
||||
| Useful To Me Not Useful To Me | |||||
|
Delvyss
Elite |
05-Mar-2026 10:33
|
||||
|
x 0
x 0 Alert Admin |
Seatrium selling more fabrication yards and vesselsContractor to save tens of millions in annual operational costshttps://www.upstreamonline.com/finance/seatrium-selling-more-fabrication-yards-and-vessels/2-1-1947399
|
||||
| Useful To Me Not Useful To Me | |||||
|
eugesun
Elite |
04-Mar-2026 17:39
|
||||
|
x 0
x 0 Alert Admin |
oil price will be high for 2026, need new rigs to fill demand...
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Delvyss
Elite |
04-Mar-2026 17:11
|
||||
|
x 0
x 0 Alert Admin |
Just 50% agitation level also good enough. Do not miss the bigger picture. This company is full of purpose in the rebuilding of the savaged oil sector when crisis is over.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Sgvale
Supreme |
04-Mar-2026 15:08
|
||||
|
x 0
x 0 Alert Admin |
Normal time with such news, share price already agitated to shoot up !
|
||||
| Useful To Me Not Useful To Me | |||||
|
Delvyss
Elite |
04-Mar-2026 14:48
|
||||
|
x 0
x 0 Alert Admin |
Seatrium pursuing bid pipeline worth more than $25 billionhttps://www.upstreamonline.com/finance/seatrium-pursuing-bid-pipeline-worth-more-than-25-billion/2-1-1949035 |
||||
| Useful To Me Not Useful To Me | |||||
|
Delvyss
Elite |
04-Mar-2026 10:28
|
||||
|
x 0
x 0 Alert Admin |
1. What is Seatrium&rsquo s business about and what are some of its key business segments?
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Delvyss
Elite |
04-Mar-2026 10:13
|
||||
|
x 0
x 0 Alert Admin |
10 in 10 with Seatrium - Engineering the Future of Global Energyhttps://www.sgx.com/research-education/market-dialogues/20260127-10-10-seatrium-engineering-future-global-energy |
||||
| Useful To Me Not Useful To Me | |||||
|
Joelton
Supreme |
04-Mar-2026 10:12
|
||||
|
x 0
x 0 Alert Admin |
Continued cost optimisation strengthens outlook for Seatrium Seatrium has reported a doubling of its FY2025 earnings to $324 million on the back of a 24% jump in revenue to $11.5 billion, marking a significant turnaround from two years ago when the company recorded a net loss of $1.9 billion for FY2023. The company plans to increase its dividend to 3 cents, double that paid for FY2024, when Seatrium resumed paying dividends after 7 years. Post results, some analysts have raised their target prices, although there were also those who turned more cautious. Lim Siew Khee and Meghana Kande of CGS International (CGSI) have maintained their &ldquo add&rdquo call, along with a higher target price of $2.84 from $2.67 Luis Hilado of Citi raised his target price to $2.70 from $2.60 OCBC Group Research&rsquo s Ada Lim raised hers slightly from $2.76 to $2.79 and UOB Kay Hian&rsquo s Adrian Loh now rates the company worth $3.15 per share, up from $2.96 previously. From the perspective of Ho Pei Hwa of DBS Group Research, who has raised her target price slightly from $2.96 to $3, Seatrium&rsquo s FY2025 numbers would &ldquo materially boost confidence&rdquo that it is on a recovery path while CGSI&rsquo s Lim and Kande note that with Seatrium&rsquo s second-half results were 24% above their expectations, they are reiterating their belief that Seatrium&rsquo s turnaround is on track. The CGSI analysts also appreciate Seatrium&rsquo s efforts to hold its costs down, noting that general and administrative expenses dipped to 3% of revenue instead of 3.6% as expected, and that financing costs for 2HFY2025 has been lowered by 7% h-o-h as well. Similarly, UOBKH&rsquo s Adrian Loh has flagged cost control as a &ldquo clearly a highlight&rdquo with FY2025 general and administrative expenses declining to 3% of revenue from 3.5% in 2024. Previously, in FY2024, Seatrium had quantified the synergies and cost savings of the merger at $300 million and procurement savings at $200 million. At the results briefing attended by The Edge Singapore, CFO Stephen Lu says that Seatrium has exceeded the targets and that &ldquo the proof is in the numbers&rdquo . Besides lower general and admin expenses, Lu points out that gross margin reversed from -2.9% in FY2023 to 7.4% in FY2025 and that cost of debt had decreased from 5.7% to 3.4%. &ldquo As we continue to streamline operations and tighten overheads, we see accelerated pathways for further expansion through our ongoing divestments of non‑ core assets,&rdquo he says. In addition to cost savings, analysts are also happy to hear Seatrium&rsquo s plans to further optimise costs and to divest non-core assets. Citi&rsquo s Luis Hilado notes that Seatrium&rsquo s higher margins in upcoming years will be supported by $50 million in overhead cost savings in FY2026. Similar to Hilado, Ada Lim from OCBC also highlights that with Seatrium&rsquo s target to divest another $200 million in assets, another $50 million in cost savings can be expected by 2028, bringing cumulative annualised total cost savings to $100 million. Furthermore, Seatrium&rsquo s divestments, amounting to $330 million so far, have resulted in the company booking gains of $70 million in FY2025 with another $160 million expected to be recognised in FY2026. As at Dec 31, 2025, Seatrium&rsquo s net order book stood at $17.8 billion, comprising 24 projects and providing revenue visibility through to 2033. The company is pursuing an opportunity pipeline of $32 billion. Seatrium also points out that non-FPSO (floating production, storage and offloading) legacy projects now constitute just slightly over 1% of net order book. As these various legacy contracts are delivered, the CGSI analysts are more confident that Seatrium can eke out better gross margins with potentially lower provision for onerous contracts. Without the provisions for onerous contracts in FY2025, Seatrium&rsquo s gross margin could have been around 9% instead of 7.4%, according to the CGSI analysts. On a consensus basis, analysts believe orderbook wins are another key to Seatrium&rsquo s prospects. Morningstar&rsquo s Lee Chok Wai expects order wins for FY2026 and FY2027 to increase respectively to $4.4 billion and $6.5 billion while Citi&rsquo s Hilado projects $5.3 billion and $8 billion in contract wins for FY2026 and FY2027 respectively. CGSI eyes order win targets of $6 billion and $10 billion for FY2026 and FY2027 and believes that Seatrium has a good chance of clinching some contracts from Petrobras' SEAP 1 and SEAP 2 FPSOs, as well as from TenneT offshore wind farm projects. However, Lee of Morningstar is of the view that the orders won thus far have been a bit &ldquo soft&rdquo , even though he notes that Seatrium has revised its pipeline of opportunities from $30 billion to $32 billion. &ldquo We think the market remains conservative on future order wins, and any pickup in deal momentum should drive share price performance,&rdquo says Lee, who has given a four out of five star rating, but with a lower target price of $2.80 from $2.92. Macquarie&rsquo s Foo Zhiwei is seemingly most pessimistic, citing concerns over the repair and upgrades segment where revenue has declined for the third consecutive year, with a most recent drop of more than a fifth to $840 million. Along with a downgrade from &ldquo buy&rdquo to &ldquo neutral&rdquo , Foo has cut his target price from $2.80 to $2.14. |
||||
| Useful To Me Not Useful To Me | |||||
|
seanpent
Supreme |
04-Mar-2026 10:10
|
||||
|
x 0
x 0 Alert Admin |
may attend to more ship repair jobs
|
||||
| Useful To Me Not Useful To Me | |||||
|
Tob231
Elite |
04-Mar-2026 10:07
|
||||
|
x 0
x 0 Alert Admin |
interesting, oil price goes up and seatrium price comes down ... should not the price goes up. that' s why i always said, this counter like to do the opposite 😂 😂 😂 😂 😂 thankfully the management triggered SBB 👏 👏 👏 👏 👏 |
||||
| Useful To Me Not Useful To Me | |||||
|
eugesun
Elite |
04-Mar-2026 09:58
|
||||
|
x 0
x 0 Alert Admin |
tiny peanut volume, scoop up...huat ahhh
|
||||
| Useful To Me Not Useful To Me | |||||
|
seanpent
Supreme |
04-Mar-2026 09:28
|
||||
|
x 0
x 0 Alert Admin |
2.28 ..... global focus on O& G ..... | ||||
| Useful To Me Not Useful To Me | |||||
|
Coyote66
Member |
04-Mar-2026 05:27
|
||||
|
x 0
x 0 Alert Admin |
Iran war pushing Seatrium prices up? | ||||
| Useful To Me Not Useful To Me | |||||
|
JurongW
Elite |
03-Mar-2026 22:29
Yells: "Earnings give weight, Chart give wings" |
||||
|
x 0
x 0 Alert Admin |
SBB today - 840,000 shares bought at $2.3585 ($1,983,569) | ||||
| Useful To Me Not Useful To Me | |||||