| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembM Re-Born Rich
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pkli899
Supreme |
14-Feb-2024 11:28
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几 时 才 能 见 到 曙 光 ! | ||||
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HuatAh7898
Supreme |
14-Feb-2024 09:42
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Huge selling again this morning | ||||
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Tob231
Elite |
13-Feb-2024 21:44
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Definitely cash flow is crucial for the biz ... Seatrium should be turning profitable in 2024 ... think long term The Group continues to register improving operating cash flows and overall cash balance in FY2022. Such improvement is mainly  attributed to cash collections from long term receivables, as well as progress and delivery payments for projects from  its customers. These will be used to pay payables and other  working capital needs in FY2023.  Compared to the Group& rsquo s net debt/equity ratio of 0.49 times at end FY2021, its net debt to equity ratio has improved further to 0.26 times as at 31 December 2022.  With the ongoing support from its lenders, and anticipation of  continuing stability in its operating cash flows and overall cash  balance, the Group expects to have the necessary liquidity to fund its operations for the foreseeable future. The key positive in the update is the earlier repayment of SGD 968 million of receivables due from Borr Drilling, two years ahead of its original schedule. We believe this will enhance Seatrium& rsquo s liquidity and balance sheet strength. Given the timely project deliveries and better capital management, Seatrium& rsquo s net gearing improved to 0.15 times as of end-September 2023 from 0.17 times as of end-June 2023. |
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Chansenghoe1971
Elite |
13-Feb-2024 20:17
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👍 huat r!
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vicloo
Supreme |
13-Feb-2024 20:03
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Possible, 12c... the very 1st quarter seatrium report profit and dividend... we shall charge towards 20c hahaha 🤟 🤟 👍
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Chansenghoe1971
Elite |
13-Feb-2024 19:22
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Why not 12?
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vicloo
Supreme |
13-Feb-2024 13:38
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When Strategic review outcome is released, it can shoot back to 11+c easy, which CEO said within 1H of 2024.
Updated 8 November 2023, 19:26 Singapore?s offshore and marine heavyweight Seatrium expects to make a net loss for the 2023 financial year following its acquisition of compatriot Keppel Offshore & Marine, even though the company anticipates its operational and financial performance will continue to improve. Asked when the company expected to return to profitability, Seatrium chief executive Chris Ong told Upstream: ?Of course, we do not provide forecasts. But suffice to say I?ve always said that this is a merger of two big companies that are coming out from the tail end of a very prolonged downturn.? He admitted that Seatrium has ?a lot of challenges around execution, executing the order book well, but we are all very focused at looking at the Ebitda [earnings before interest, tax, depreciation and amortisation], improving the Ebitda margin and controlling the costs?. ?And of course, getting the best operating leverage out of the two groups that have been merged. We hope to give you the good news sooner than later. But this is a work in progress,? Ong said. On Wednesday, ahead of its nine-month 2023 business update, Seatrium confirmed that by the end of the year it would finalise the strategic review the company undertook following its acquisition of compatriot ? and former rival ? Keppel Offshore & Marine. ?The group plans to communicate the outcomes of the strategic review at its inaugural Capital Markets Day, which will be held within the first half of 2024,? Seatrium said.
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tofudidi
Supreme |
13-Feb-2024 13:26
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Going to touch 97 first. Oil price rising due to Israel war.. time for reversal hehehe | ||||
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huattuatua
Elite |
13-Feb-2024 13:12
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swee lar abv 9 le more to come as the ang mohs kateks continue to short cover. |
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eugesun
Elite |
13-Feb-2024 13:01
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Huat ahh....same here..
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wehuattogether88
Supreme |
13-Feb-2024 12:16
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Maybe Temporary
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Goodwill77
Supreme |
13-Feb-2024 11:17
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Rebounding  | ||||
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TeoMark
Veteran |
13-Feb-2024 11:13
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reversal coming? | ||||
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huattuatua
Elite |
13-Feb-2024 11:11
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just now 89 , bbs 1 mouth ate up | ||||
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ICXGOLD
Master |
13-Feb-2024 10:28
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Volume suggests we going to head further down, getting my trigger ready with target price 8.2 cents | ||||
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Tob231
Elite |
13-Feb-2024 08:34
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" let it be so now it is proper .... time will tell" 心 想 事 成 , 万 事 如 意  
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Goldfinger
Supreme |
12-Feb-2024 13:16
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Once they announce SG job cuts, price will go up. Need to go AGM and query on merger cost savings. | ||||
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Checkerman
Master |
12-Feb-2024 09:34
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Agreed . Some staff simply work 30-40% and WFH
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vicloo
Supreme |
11-Feb-2024 13:21
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Exactly, merger of sembcorp marine and keppel marine... many redundant roles like hr manager and director finance director etc etc... 2 positions need to cut down to 1... thats 1 key reason for merger in the first place lolol...
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Goldfinger
Supreme |
11-Feb-2024 08:56
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They need to sack unnecessary and high cost staff and reduce costs. | ||||
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