Back

Latest Forum Topics / Seatrium Ltd    Last:2.02    -0.01

Post Reply

The SEA of Hopes and ATRIUM of Surprises Post Reply Rate topic
2egg4kosong Veteran	28-Jun-2024 07:37        2egg4kosong About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	Yesterday could be due to window dressing by funds. Today is last day of H12024, may be volatile too. Hang tight.
Useful To Me  Not Useful To Me
n3wbie Elite	27-Jun-2024 22:18        n3wbie About Contact  Quote this Post! Style: Fundamental
x 1   x 0  Alert Admin	UOBKH report also shared potential for more LOI from BP led by Kaskida project which is the 1st of 3 large deepwater discoveries in the Gulf of Mexico with 2 others being Tiber and Gila. The analyst estimated the EPCC project to be at S$5-600m so there' s another billion dollar project up for grabs - matter of time the market start pricing in for its higher quality and margin order book with Petrobras and TenneT. The lowering of TP was pegged to a change in PB multiple - would suppose that all analysts will start changing their valuation model to focus on earnings multiple once they return to profitability rather than having to peg it to book value
Useful To Me  Not Useful To Me
Battle123 Elite	27-Jun-2024 21:48        Battle123 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Today got discounted price , i oso added some. Hope can see light at end of tunnel leh
Useful To Me  Not Useful To Me
Joyoftheworld Master	27-Jun-2024 21:40        Joyoftheworld About Contact  Quote this Post!
x 0   x 0  Alert Admin	We are at the last miles of the Keppel free shares unload journey. Many remaining KC shareholders might be tempted to encash their zero cost free Shit5e2 shares to load up on KC which is also trading weak lately. Possibly another 200-300 mil loose free shares to offload before H1 result. eugesun      ( Date: 27-Jun-2024 19:09) Posted: Just the BB squeeze the retail players, use cash and hold long will be fine... Chansenghoe1971      ( Date: 27-Jun-2024 18:15) Posted: If the price tanking is due to this report then be ready to rebound tmr
Useful To Me  Not Useful To Me
Chansenghoe1971 Elite	27-Jun-2024 20:25        Chansenghoe1971 About Contact  Quote this Post!
x 0   x 0  Alert Admin	July will reverse trend Bb now running out of time to press it I will continue load up. Now 1kk eugesun      ( Date: 27-Jun-2024 19:09) Posted: Just the BB squeeze the retail players, use cash and hold long will be fine... Chansenghoe1971      ( Date: 27-Jun-2024 18:15) Posted: If the price tanking is due to this report then be ready to rebound tmr
Useful To Me  Not Useful To Me
eugesun Elite	27-Jun-2024 19:09        eugesun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Just the BB squeeze the retail players, use cash and hold long will be fine... Chansenghoe1971      ( Date: 27-Jun-2024 18:15) Posted: If the price tanking is due to this report then be ready to rebound tmr vicloo      ( Date: 27-Jun-2024 17:08) Posted: Brazil?s ?Operation Car Wash? scandal continues to haunt Seatrium, says analyst Good news about contract wins has been overshadowed by latest investigation 27 June 2024 4:02 GMT UPDATED 27 June 2024 8:14 GMT By Dale Wainwright in Singapore Fresh allegations of offences by Seatrium in connection with a Brazilian corruption scandal will drag on investor sentiment towards the company, says an analyst. UOB Kay Hian?s Adrian Loh said the offshore and marine giant has had a flow of positive news in the past few months, but the announcement of a new investigation by the Singapore authorities into Operation Car Wash has ?capped its share price upside in the near term?. Seatrium aims to win back investors with early bond redemption and share buyback Read more Earlier this month, the Monetary Authority of Singapore and the Commercial Affairs Department said they were conducting a joint investigation into offences potentially committed by the company in the landmark anti-corruption probe in Brazil. ?Unfortunately, the negative news regarding Seatrium?s deletion from the MSCI Singapore Index and an Operation Car Wash investigation ? has overshadowed the good news,? said Loh. ?We were surprised by the revelation of yet another investigation by the Singapore authorities and believe that the market and the company itself were blindsided by this announcement, believing that the prior settlement agreement with the Brazilian authorities (in February 2024) and completion of investigations by Singapore?s Attorney-General?s Chambers and Corrupt Practices Investigation Bureau (in March 2024) had drawn a line in the sand.? Despite this, Loh maintains his ?buy? recommendation for Seatrium, but at a lower price-to-book-based target price of SGD 2.35 ($1.73) from SGD 3.23 previously. Article continues below the advert ?While Seatrium is exposed to the offshore marine and offshore renewables upcycle, we are cognizant that the recent negative news flow regarding the latest investigation ? and the lack of transparency as to whether there are any further investigations in the offing, will cause share price volatility in the near term,? he said. ?We continue to like Seatrium as we believe that the company will benefit from stronger offshore marine dynamics as well as demand for offshore vessels and structures related to the renewables industry. ?In addition, the normalisation of economic activity should result in a greater volume of shipping activities, thus positively impacting its repairs/upgrades segment.? Former Sembcorp Marine CEO Wong Weng Sun charged over Brazil bribery payments Read more In addition, Loh said that while 40% of Seatrium?s current orderbook is in the renewable energy space, with the rest related to oil and gas projects, its addressable market is ?arguably much larger when taking into account carbon capture, usage and storage, floating LNG and ammonia storage and transport which feeds into the hydrogen energy chain?. ?In our view, this is one of the key segments which we will be watching closely given the large annual addressable market size totalling SGD 20bn to SGD 30bn,? he said. ?Importantly, this is a market that is non-cyclical given that ships need to be either repaired or upgraded at least every three to five years. ?We highlight that in 2024 alone, the company has secured favoured customer contracts ? with Hyundai LNG Shipping, GasLog LNG, Shell International Trading & Shipping Co and TMS Cardiff Gas for repairs, refurbishment and upgrading activities for LNG vessels.?(Copyright)
Useful To Me  Not Useful To Me
Chansenghoe1971 Elite	27-Jun-2024 18:15        Chansenghoe1971 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If the price tanking is due to this report then be ready to rebound tmr vicloo      ( Date: 27-Jun-2024 17:08) Posted: Brazil?s ?Operation Car Wash? scandal continues to haunt Seatrium, says analyst Good news about contract wins has been overshadowed by latest investigation 27 June 2024 4:02 GMT UPDATED 27 June 2024 8:14 GMT By Dale Wainwright in Singapore Fresh allegations of offences by Seatrium in connection with a Brazilian corruption scandal will drag on investor sentiment towards the company, says an analyst. UOB Kay Hian?s Adrian Loh said the offshore and marine giant has had a flow of positive news in the past few months, but the announcement of a new investigation by the Singapore authorities into Operation Car Wash has ?capped its share price upside in the near term?. Seatrium aims to win back investors with early bond redemption and share buyback Read more Earlier this month, the Monetary Authority of Singapore and the Commercial Affairs Department said they were conducting a joint investigation into offences potentially committed by the company in the landmark anti-corruption probe in Brazil. ?Unfortunately, the negative news regarding Seatrium?s deletion from the MSCI Singapore Index and an Operation Car Wash investigation ? has overshadowed the good news,? said Loh. ?We were surprised by the revelation of yet another investigation by the Singapore authorities and believe that the market and the company itself were blindsided by this announcement, believing that the prior settlement agreement with the Brazilian authorities (in February 2024) and completion of investigations by Singapore?s Attorney-General?s Chambers and Corrupt Practices Investigation Bureau (in March 2024) had drawn a line in the sand.? Despite this, Loh maintains his ?buy? recommendation for Seatrium, but at a lower price-to-book-based target price of SGD 2.35 ($1.73) from SGD 3.23 previously. Article continues below the advert ?While Seatrium is exposed to the offshore marine and offshore renewables upcycle, we are cognizant that the recent negative news flow regarding the latest investigation ? and the lack of transparency as to whether there are any further investigations in the offing, will cause share price volatility in the near term,? he said. ?We continue to like Seatrium as we believe that the company will benefit from stronger offshore marine dynamics as well as demand for offshore vessels and structures related to the renewables industry. ?In addition, the normalisation of economic activity should result in a greater volume of shipping activities, thus positively impacting its repairs/upgrades segment.? Former Sembcorp Marine CEO Wong Weng Sun charged over Brazil bribery payments Read more In addition, Loh said that while 40% of Seatrium?s current orderbook is in the renewable energy space, with the rest related to oil and gas projects, its addressable market is ?arguably much larger when taking into account carbon capture, usage and storage, floating LNG and ammonia storage and transport which feeds into the hydrogen energy chain?. ?In our view, this is one of the key segments which we will be watching closely given the large annual addressable market size totalling SGD 20bn to SGD 30bn,? he said. ?Importantly, this is a market that is non-cyclical given that ships need to be either repaired or upgraded at least every three to five years. ?We highlight that in 2024 alone, the company has secured favoured customer contracts ? with Hyundai LNG Shipping, GasLog LNG, Shell International Trading & Shipping Co and TMS Cardiff Gas for repairs, refurbishment and upgrading activities for LNG vessels.?(Copyright)
Useful To Me  Not Useful To Me
vicloo Supreme	27-Jun-2024 17:08        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Brazil?s ?Operation Car Wash? scandal continues to haunt Seatrium, says analyst Good news about contract wins has been overshadowed by latest investigation 27 June 2024 4:02 GMT UPDATED 27 June 2024 8:14 GMT By Dale Wainwright in Singapore Fresh allegations of offences by Seatrium in connection with a Brazilian corruption scandal will drag on investor sentiment towards the company, says an analyst. UOB Kay Hian?s Adrian Loh said the offshore and marine giant has had a flow of positive news in the past few months, but the announcement of a new investigation by the Singapore authorities into Operation Car Wash has ?capped its share price upside in the near term?. Seatrium aims to win back investors with early bond redemption and share buyback Read more Earlier this month, the Monetary Authority of Singapore and the Commercial Affairs Department said they were conducting a joint investigation into offences potentially committed by the company in the landmark anti-corruption probe in Brazil. ?Unfortunately, the negative news regarding Seatrium?s deletion from the MSCI Singapore Index and an Operation Car Wash investigation ? has overshadowed the good news,? said Loh. ?We were surprised by the revelation of yet another investigation by the Singapore authorities and believe that the market and the company itself were blindsided by this announcement, believing that the prior settlement agreement with the Brazilian authorities (in February 2024) and completion of investigations by Singapore?s Attorney-General?s Chambers and Corrupt Practices Investigation Bureau (in March 2024) had drawn a line in the sand.? Despite this, Loh maintains his ?buy? recommendation for Seatrium, but at a lower price-to-book-based target price of SGD 2.35 ($1.73) from SGD 3.23 previously. Article continues below the advert ?While Seatrium is exposed to the offshore marine and offshore renewables upcycle, we are cognizant that the recent negative news flow regarding the latest investigation ? and the lack of transparency as to whether there are any further investigations in the offing, will cause share price volatility in the near term,? he said. ?We continue to like Seatrium as we believe that the company will benefit from stronger offshore marine dynamics as well as demand for offshore vessels and structures related to the renewables industry. ?In addition, the normalisation of economic activity should result in a greater volume of shipping activities, thus positively impacting its repairs/upgrades segment.? Former Sembcorp Marine CEO Wong Weng Sun charged over Brazil bribery payments Read more In addition, Loh said that while 40% of Seatrium?s current orderbook is in the renewable energy space, with the rest related to oil and gas projects, its addressable market is ?arguably much larger when taking into account carbon capture, usage and storage, floating LNG and ammonia storage and transport which feeds into the hydrogen energy chain?. ?In our view, this is one of the key segments which we will be watching closely given the large annual addressable market size totalling SGD 20bn to SGD 30bn,? he said. ?Importantly, this is a market that is non-cyclical given that ships need to be either repaired or upgraded at least every three to five years. ?We highlight that in 2024 alone, the company has secured favoured customer contracts ? with Hyundai LNG Shipping, GasLog LNG, Shell International Trading & Shipping Co and TMS Cardiff Gas for repairs, refurbishment and upgrading activities for LNG vessels.?(Copyright)
Useful To Me  Not Useful To Me
Eagle88 Supreme	27-Jun-2024 16:58        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I wonder whether the so called management ever buy shares before if they are the one who gave the instructions !!! or like what you said, may be it is the intention to make khaw2 from this SBB !!! huattuatua      ( Date: 27-Jun-2024 16:28) Posted: bro they buy under the instruction of the mgmt la its the mgmt that made the lousy calls of doing sbb, and in the process enriching all the kateks, ha Eagle88      ( Date: 27-Jun-2024 16:17) Posted: So far the SBB was done by very lousy broker !!! Buy when price is high instead of low, never follow even the very common common sense. Not to support the market but may be the broker making money using Seatrium SBB !!!
Useful To Me  Not Useful To Me
Speediman Veteran	27-Jun-2024 16:45        Speediman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seatrium SBB and consolidation have hurted the company more ....  This CEO and CFO need to be booted out.  Eagle88      ( Date: 27-Jun-2024 16:17) Posted: So far the SBB was done by very lousy broker !!! Buy when price is high instead of low, never follow even the very common common sense. Not to support the market but may be the broker making money using Seatrium SBB !!!  Stocky901      ( Date: 27-Jun-2024 14:06) Posted: Already said below 1.40 may have SBB.. let's see.. 🤐
Useful To Me  Not Useful To Me
wehuattogether88 Supreme	27-Jun-2024 16:38        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They push down to buy more, then after pump up faster.
Useful To Me  Not Useful To Me
huattuatua Elite	27-Jun-2024 16:28        huattuatua About Contact  Quote this Post!
x 0   x 1  Alert Admin	bro they buy under the instruction of the mgmt la its the mgmt that made the lousy calls of doing sbb, and in the process enriching all the kateks, ha Eagle88      ( Date: 27-Jun-2024 16:17) Posted: So far the SBB was done by very lousy broker !!! Buy when price is high instead of low, never follow even the very common common sense. Not to support the market but may be the broker making money using Seatrium SBB !!!  Stocky901      ( Date: 27-Jun-2024 14:06) Posted: Already said below 1.40 may have SBB.. let's see.. 🤐
Useful To Me  Not Useful To Me
vicloo Supreme	27-Jun-2024 16:26        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Scooped some around 1.4 today too 👍 👍 👍 BinderyT      ( Date: 27-Jun-2024 16:10) Posted: bought another 25 lots at 1.38 lai lai ... see how much further they can push down
Useful To Me  Not Useful To Me
huattuatua Elite	27-Jun-2024 16:26        huattuatua About Contact  Quote this Post!
x 0   x 0  Alert Admin	u really solid,  BinderyT      ( Date: 27-Jun-2024 16:10) Posted: bought another 25 lots at 1.38 lai lai ... see how much further they can push down
Useful To Me  Not Useful To Me
Joyoftheworld Master	27-Jun-2024 16:21        Joyoftheworld About Contact  Quote this Post!
x 0   x 0  Alert Admin	likely 13x is the low.  Some moons ago, an activitist Sembmarine shareholder predicted that Shit5e2 will trade at below 7 cents ($1.40) after buying Keppel offshore at ridiculous premium. Seems like his prediction has came to pass.... BinderyT      ( Date: 27-Jun-2024 16:10) Posted: bought another 25 lots at 1.38 lai lai ... see how much further they can push down
Useful To Me  Not Useful To Me
Eagle88 Supreme	27-Jun-2024 16:17        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	So far the SBB was done by very lousy broker !!! Buy when price is high instead of low, never follow even the very common common sense. Not to support the market but may be the broker making money using Seatrium SBB !!!  Stocky901      ( Date: 27-Jun-2024 14:06) Posted: Already said below 1.40 may have SBB.. let's see.. 🤐
Useful To Me  Not Useful To Me
BinderyT Elite	27-Jun-2024 16:12        BinderyT About Contact  Quote this Post!
x 0   x 0  Alert Admin	I love these fierce battles ... better than watching people fight days over 1/2 cent
Useful To Me  Not Useful To Me
BinderyT Elite	27-Jun-2024 16:10        BinderyT About Contact  Quote this Post!
x 0   x 0  Alert Admin	bought another 25 lots at 1.38 lai lai ... see how much further they can push down
Useful To Me  Not Useful To Me
huattuatua Elite	27-Jun-2024 15:22        huattuatua About Contact  Quote this Post!
x 0   x 0  Alert Admin	kateks everyday laughing to dbs bank Aceking      ( Date: 27-Jun-2024 15:19) Posted: 賣 也 死 ， 不 賣 也 死 。 。 我 很 怕 。 。 。 這 個 害 死 多 少 人 。 。
Useful To Me  Not Useful To Me
Aceking Member	27-Jun-2024 15:19        Aceking About Contact  Quote this Post!
x 0   x 0  Alert Admin	賣 也 死 ， 不 賣 也 死 。 。 我 很 怕 。 。 。 這 個 害 死 多 少 人 。 。
Useful To Me  Not Useful To Me

                                                         First   < Newer   2601-2620 of 6177   Older>   Last