Merging 2 into one is to cut costs , and have cost advantage but it seemed otherwise ?
vicloo ( Date: 23-Mar-2024 10:53) Posted:
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Market has high expectations on the 1yr long strategic review shared on 15th march... however, Seatrium didnt plan anything on cost cutting... thats reason why after 15th march it dropped so much.
https://sg.finance.yahoo.com/news/4-singapore-stocks-announced-strategic-100000052.html
https://sg.finance.yahoo.com/news/4-singapore-stocks-announced-strategic-100000052.html
tonytony ( Date: 23-Mar-2024 10:45) Posted:
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Added .79 yesterday , feel might go lower ? Will add more if go lower .
Chansenghoe1971 ( Date: 23-Mar-2024 09:16) Posted:
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But management never address cost cuttings so far ?
Importantly is to keep cost low through innovation, engineering slutions which are aplenty now. Honour and complete their current contracts to instil confidence & build up reputation. This will bring in more contracts & bargaining power for higher profit margins becos shows Seatrium CAN deliver!
Vested & queitly watching. Seatrium is part of my calculated bet for retirement!
Vested & queitly watching. Seatrium is part of my calculated bet for retirement!
Revenue (book order) - overall costs = profit or loss... so far problem with Seatrium or sembcorp marine is not not enough revenue, it is Overall cost bigger than revenue lolol... hope it is better from now onwards...
tonytony ( Date: 23-Mar-2024 10:37) Posted:
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Order book is full for next 3 years , so risk is low now.
Bought in multiples of 20s for consolidation using cash, cpf & srs. Preserve into freezer and not going to look at it until 65yo to see how it can complement my CPFLife payout? The worst is for it to go belly up after merger, else it cannot be further worse off than now. Pretty confident it should compensate my loss of SA shielding plan. 
Vested
Vested
Yeah. Close two eyes and buy at this range.
A rare chance.
A rare chance.
vicloo ( Date: 23-Mar-2024 07:28) Posted:
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Ok lets buy now 0.079 and sell on target 0.085 😁 👍 👍
Chansenghoe1971 ( Date: 22-Mar-2024 19:23) Posted:
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From one analyst:
@ We believe 40% of the re-rating could come from the earnings turnaround and 60% from an uplift in the valuation multiple from 0.9 times P/B towards 1.5 times P/B, on the back of the robust order momentum, integration synergies, and solid management execution. she adds. @
My 84/85 not anyhow pluck.
0.9 x 0.094 ~ 0.0846 low band to 0.141 (a bit far flung).
So 84/85 remains my target.
@ We believe 40% of the re-rating could come from the earnings turnaround and 60% from an uplift in the valuation multiple from 0.9 times P/B towards 1.5 times P/B, on the back of the robust order momentum, integration synergies, and solid management execution. she adds. @
My 84/85 not anyhow pluck.
0.9 x 0.094 ~ 0.0846 low band to 0.141 (a bit far flung).
So 84/85 remains my target.
深 海 的 秘 密 。 。 。 。
Yeap. Not trying to make fun of those who lost.
I had made many rounds from rights to free shares. So I have confidence e in this
I had made many rounds from rights to free shares. So I have confidence e in this
Tob231 ( Date: 22-Mar-2024 18:05) Posted:
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wow .... you collected so many. bee tang liao 
cp24 keep shorting ... the day they stop shorting, the price will shoot up
cp24 keep shorting ... the day they stop shorting, the price will shoot up
Already collected 6kk
Balance 4kk waiting at 76
Balance 4kk waiting at 76
Joyoftheworld ( Date: 22-Mar-2024 16:53) Posted:
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Roger that.
As expected, Sink51 closing low around 78/79 today. My 78 order was filled just now.
Chansenghoe1971 ( Date: 22-Mar-2024 16:41) Posted:
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Let s start a new dawn here.