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High time to resurrect this thread.
Investors be careful, for the bear is on the prowl here.
Trade with bear patrols.
(We have been warned!)
Investors be careful, for the bear is on the prowl here.
Trade with bear patrols.
(We have been warned!)
n3wbie ( Date: 20-Nov-2025 20:23) Posted:
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Haha I like this MrBear12 - would love to hear how more bearish and bashing this stock can receive on this thread!!
MrBear12 ( Date: 20-Nov-2025 10:39) Posted:
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Presently it is a turned around company with increase in revenue and profits.
Future, it will be the top performing company on SGX.
Trade with back to the future.
Future, it will be the top performing company on SGX.
Trade with back to the future.
Tob231 ( Date: 20-Nov-2025 11:08) Posted:
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yes, mr bear12 don' t talk about the past .... alright look at the present. all the marine stocks have charged forward. leave yzj aside, rex, marco polo marine, asl marine, beng kuang on and on.
price reflect your leadership. mr chris ong, what have you to say ....
we have no issue with raising your remuneration. you gave a conservative target not able to go pass it, is such a shame. how long have you been sitting in the seat ???
let' s not talk about future, when you can' t get pass the current .... that is more important.
show us you are not heckle by the shit from keppel .... every news and issues are with the past keppel oil and marine' s merger.
price reflect your leadership. mr chris ong, what have you to say ....
we have no issue with raising your remuneration. you gave a conservative target not able to go pass it, is such a shame. how long have you been sitting in the seat ???
let' s not talk about future, when you can' t get pass the current .... that is more important.
show us you are not heckle by the shit from keppel .... every news and issues are with the past keppel oil and marine' s merger.
Bears, kateks, short sellers, doomsday sayers, pessimists
Use this thread.
Trade with missing Saviorforever
Share buyback started?
Good. Brokerages maintain or lift target price.
Short sellers take note!
Short sellers take note!
https://www.minichart.com.sg/2025/02/23/seatrium-stm-sp-a-triumphant-comeback-first-profit-and-dividend-since-2017/
Valuation and Recommendation
BUY Rating Maintained with a target price of S$2.96, up from S$2.80.
Valuation and Recommendation
BUY Rating Maintained with a target price of S$2.96, up from S$2.80.
https://sginvestors.io/analysts/research/2025/02/seatrium-ocbc-investment-research-2025-02-21
Maintain 300
War3craft2003 ( Date: 23-Feb-2025 09:46) Posted:
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https://ca.finance.yahoo.com/news/seatrium-full-2024-earnings-beats-005732444.html
Seatrium Full Year 2024 Earnings: Beats Expectations
Key Financial Results
Revenue: S$9.23b (up 27% from FY 2023).
Net income: S$156.8m (up from S$2.02b loss in FY 2023).
Profit margin: 1.7% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.
EPS: S$0.046 (up from S$0.65 loss in FY 2023).
Seatrium Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in Singapore.
Seatrium Full Year 2024 Earnings: Beats Expectations
Key Financial Results
Revenue: S$9.23b (up 27% from FY 2023).
Net income: S$156.8m (up from S$2.02b loss in FY 2023).
Profit margin: 1.7% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue.
EPS: S$0.046 (up from S$0.65 loss in FY 2023).
Seatrium Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 14%. Earnings per share (EPS) also surpassed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Machinery industry in Singapore.
Reminds of SATS turnaround previously, small dividend as a token to shareholders who held the faith and look at where it is trading now. Keppel stake in STM is meant to be non-core so it has always been a matter of time that they sell. Shareholders who had held this stock long enough would have sufficient patient capital to see through the selling from Keppel before the stock properly re-rate.
desmodeus ( Date: 23-Feb-2025 00:26) Posted:
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It will rise exponentially in the coming years.
Typical of a turn around company
dividend 1.5c or 0.6% pa
https://www.straitstimes.com/business/companies-markets/seatrium-posts-157-million-in-earnings-for-2024-its-first-full-year-profit-since-2017
Ms Lim Siew Khee, head of Singapore research at CGS International, said: ?Core profits were in line with our expectations, driven by the company?s efforts in cost optimisation, synergy and, in particular, in reducing debt and financing costs.?
Ms Lim said ?gross margins was a miss on higher cost allocation?, although the proposed dividend was ?a positive surprise?.
Over 2024, Seatrium secured new orders worth $15.2 billion from new and repeat customers, the highest new order wins in a decade.
Technically, the combined company has been in existence since 2023, following Sembcorp Marine?s acquisition of Keppel Offshore & Marine for $4.5 billion and their subsequent merger.
Ms Lim said that both parties had ?brought along strong order books from before the merger?, while the combined entity has continued to achieve sizeable contract wins afterwards.
UOB Kay Hian research head Adrian Loh said that Seatrium?s bottom line was ?stronger than my numbers and, yes, it?s sustainable ? they are working through their $23 billion order book after all?.
Ms Lim Siew Khee, head of Singapore research at CGS International, said: ?Core profits were in line with our expectations, driven by the company?s efforts in cost optimisation, synergy and, in particular, in reducing debt and financing costs.?
Ms Lim said ?gross margins was a miss on higher cost allocation?, although the proposed dividend was ?a positive surprise?.
Over 2024, Seatrium secured new orders worth $15.2 billion from new and repeat customers, the highest new order wins in a decade.
Technically, the combined company has been in existence since 2023, following Sembcorp Marine?s acquisition of Keppel Offshore & Marine for $4.5 billion and their subsequent merger.
Ms Lim said that both parties had ?brought along strong order books from before the merger?, while the combined entity has continued to achieve sizeable contract wins afterwards.
UOB Kay Hian research head Adrian Loh said that Seatrium?s bottom line was ?stronger than my numbers and, yes, it?s sustainable ? they are working through their $23 billion order book after all?.
keppel has been selling their shares in Seatrium .... else the recent news should have raised the price above 2.6
wait and see
wait and see
Battle123 ( Date: 21-Feb-2025 20:13) Posted:
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Not only that, heard from news MAS attracting $5 billions funds to invest in sg stocks, not sure when they will pump in
Keep watch , as far possible don't xontra
Dyodd
Keep watch , as far possible don't xontra
Dyodd
ysh2006 ( Date: 21-Feb-2025 20:23) Posted:
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Seatrium achieves first full-year profit with S$120.9 million H2 earnings
On its return to profitability, the company proposes a final dividend of S$0.015 a share
SEATRIUM : 5E2 -4.8% swung into the black with a net profit of S$120.9 million for the second half ended Dec 31, from a net loss of S$1.8 billion in the same period a year earlier.
Together with a H1 turnaround, the offshore and marine specialist marked its first full-year profit since its birth in 2023.
The H2 earnings were attributed to higher contributions from revenue recognition, fair-value gain on investments, as well as share of profit from associates, the group said on Friday (Feb 21).
Earnings per share (EPS) for the period stood at S$0.0356, compared with a loss per share (LPS) of S$0.5137 in the year-ago period.
With the completion of the share consolidation of every 20 existing shares into one consolidated share on May 9 last year, prior-year comparatives for EPS were restated accordingly.
On its return to profitability, Seatrium has proposed a final dividend of S$0.015 per share. It will be paid on May 19, after the record date of May 7.
Revenue for the half year rose 18.4 per cent to S$5.2 billion from S$4.4 billion on execution of a larger order book.
Adrian Teng, Seatrium&rsquo s chief financial officer said: &ldquo Second-half revenue was mainly from the six FPSO projects for Petrobras, the three 2GW HVDC offshore converter platform projects for TenneT, and increased contribution from repairs and upgrades.&rdquo
For the financial year 2024, the group recorded a net profit of S$156.8 million, from a loss of S$2 billion for FY2023.
EPS stood at S$0.0461, compared with an LPS of S$0.6477 in the prior year.
Revenue for the year rose 26.6 per cent to S$9.2 billion from S$7.3 billion, due to stronger project execution of a growing order book and higher-value work in repairs and upgrades, noted Teng.
In FY2024, Seatrium secured order wins worth S$15.2 billion. It delivered seven projects and completed 231 in the repairs and upgrades segment.
&ldquo In the year to date 2025, our net order book stood at S$23.2 billion, up from S$16.2 billion in the previous period. Our order book comprises 27 projects with deliveries till 2031, giving us revenue visibility and a good foundation for the years ahead,&rdquo Teng added.
He also highlighted Seatrium&rsquo s capital management with active loan repayment and refinancing efforts.
As at end-2024, Seatrium&rsquo s net debt stood at S$689 million, an 8 per cent reduction from last year&rsquo s S$747 million. Net leverage ratio as at end-December declined to 1.1 times from 3.2 times in the prior year.
Outlook
Chief executive officer Chris Ong said that despite near-term geopolitical risks, the need to address energy security while transitioning towards cleaner energy globally presents significant market opportunities.
&ldquo Our focus on oil and gas and renewables solutions, as well as maritime upgrades, positions us favourably to capitalise on the energy market tailwinds.&rdquo
Amid tariff uncertainty, he highlighted the importance of choosing a strategic location for component construction. &ldquo I think integration in Singapore is a very powerful tool for a lot of our customers,&rdquo he added.
He added that while companies cannot control geopolitical situations, Seatrium is focusing on fundamentals, building capabilities and maintaining customers&rsquo trust.
Looking ahead, it aims to continue seeking &ldquo profitable growth&rdquo in oil and gas, offshore wind, repairs and upgrades, as well as new energies.
&ldquo With a strong order win momentum in FY2024, the group will stay focused on executing its robust order book, which underpins revenue and cash flow visibility over the next few years,&rdquo said Ong.
Next week once brokering houses upgrade it.
Battle123 ( Date: 21-Feb-2025 20:13) Posted:
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shld be back to 255 range soonz
prospect looking still bright de
prospect looking still bright de