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Seatrium Ltd
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SEATRIUM LTD. - ROCKETING TO THE MOON BY 2028 !!!!
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beetlejuice
Master |
31-Jul-2024 08:37
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Good morning bro.
Fwah, you quoted our dearest 1G LEEder. 🌈 💰 ✨
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MrBear12
Supreme |
31-Jul-2024 03:42
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Bringing out my rusty rocket for launch.
Any one wants to join me to the moon? |
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newbie19
Supreme |
30-Jul-2024 21:19
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Yes agree, 4 years of lost making.
Finally can see ?There is a glorious rainbow that beckons those with the spirit of adventure. And there are rich findings at the end of that rainbow. To the young and the not too old, I say look at the horizon, find that rainbow, go ride it. Not all will be rich quite a few will find a vein of gold but all who pursue that rainbow will have a joyous and exhilarating ride and some profit.?
Those who has the holding powers will be well REWARDED!!
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Login20
Master |
30-Jul-2024 20:49
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2 more trading days to Seatrium 1st ever positive net profit for 1H24 result annoucement, is time to manage expectation rationally. Thursday night will be many sleepless night. Rest well and hope for the best. |
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beng1102
Elite |
30-Jul-2024 11:45
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Correction is over share price to continue upward and could soon be $2.
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Neutral_Guy
Senior |
30-Jul-2024 11:18
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Since they can have share buy back, sponsor NDP, announced profit. All these are positive signs that the company is doing well now. Singapore Gov linked companies are more stable and will not anyhow try to pump up share prices.
But remember don't Contra, else you will help tondrag the price down when you need to force sell when no money to pick up. |
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hypewhy
Member |
30-Jul-2024 10:03
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that is fake value. dont believe
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Battle123
Elite |
30-Jul-2024 10:01
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ya man today like no movement leh counting down to the exciting day   |
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Delvyss
Elite |
30-Jul-2024 09:13
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Possibly a quick return to $1.90 by end of week ? | ||||
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crazy_fave
Senior |
30-Jul-2024 08:53
Yells: "crazy_fave" |
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From the link https://www.alphaspread.com/security/sgx/5e2/summary below : Seatrium Limited stock under the Base Case scenario is 4.23 SGD. Compared to the current market price of 1.62 SGD, Seatrium Limited is Undervalued by 62%.
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Delvyss
Elite |
30-Jul-2024 07:47
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" undervalued by 62%" https://www.alphaspread.com/security/sgx/5e2/summary |
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vicloo
Supreme |
30-Jul-2024 05:37
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👍 👍 👍 👍
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beng1102
Elite |
29-Jul-2024 23:31
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Like that means even the lenders have confidence in the company' s credibility.  Share price sure surge next few days to abive $2.    Haut to all!
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Login20
Master |
29-Jul-2024 21:28
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This is not actually a loan, is a Banker Guarantee which is usually under the contract obligation as an insurance to the contract parties. While it is not a loan by nature, Seatrium probably still need to pay for this insurance premium quarterly or annually. Besides, if the company has good prospect on growing, but lack of cash for operation cost, to get any loan of lowest possible interest rate like the green loan, to earn for the net profit, else, has business potential, has prospect, but no cash, therefore no mean to tender or win tender, how to make a living in Seatrium? how to pay shareholder divident? There is debt equity ratio to measure how a company owe debt for the running of the company, of course if so much better if Seatrium has own tonne of $ billions in bank, then no need any debt, that will be few years later hopefully. Bank Guarantee of this kind might be new to some, for Seatrium like some members quoted, is a show of confidence by the bankers, which should be a positive note. |
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Nippon72
Veteran |
29-Jul-2024 21:22
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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Hopefully, all these positive news will help build a strong base for its future. Now is to complete all projects on hands without cost overruns.  Then we can start talking about paper profit then real +ve cash profits, before even any divvy declared. It could be 1-2 years later if this trend continues at best. My DCA is next week workday. Hopefully dun spike up too much for me to avg down.  Now @ 2.104 |
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Nippon72
Veteran |
29-Jul-2024 20:47
Yells: "Dude, is ALWAYS Time in the market than Timing the market! " |
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Seatrium is never an asset light company to begin with. I would interpret this loan as banks & fin institutes have confidence in its future instead. Let' s not get ahead of ourselves on its first half results. Profits is only real if is cash +ve, not only in numbers or by some accoounting convention. Gives me further conviction to continue my DCA.  Vested.    |
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ysh2006
Supreme |
29-Jul-2024 20:36
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Borrow money from banks to do business is it good or not ? Interest rate payment till cannot pay dividend for many years already....rigs and FPSO take few years to complete ...
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Fataaa
Senior |
29-Jul-2024 18:21
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maybe should start a reddit thread and diamondhand SEATRIUM lol
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Login20
Master |
29-Jul-2024 18:20
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At your command
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SAVIORFOREVER
Supreme |
29-Jul-2024 18:16
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Tomorrow 170?
Trade with have money can travel and DYODD
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Seatrium Limited stock under the Base Case scenario is 4.23 SGD. Compared to the current market price of 1.62 SGD, Seatrium Limited is Undervalued by 62%.