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Eagle88 Supreme	23-Aug-2023 09:42        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not just the O& G are very strong, the RE Wind farms also very strong, both are very strong in contributing to the revenue of Seatrium. No problem to achieve $1.00 in 2 years or earlier. eugesun      ( Date: 23-Aug-2023 08:30) Posted: They are in good shape now, With oil demand is strong and less competition, 1 dollar in 2 years.. n3wbie      ( Date: 22-Aug-2023 22:56) Posted: Quite frankly, the stock has held up well despite the market volatility and sell-off. Good to see them proactively working on lowering existing debt with parent guarantee - immediate savings to the bottomline so shows that they have a prudent capital management strategy in place.  The delivery of second jack-up novated by Borr Drilling to ADNOC Drilling announced this evening also reflects positively on the integration and hence the timely delivery to customers. Hopefully more synergies and the ability to yield more operating leverage with the enlarged scale and operations.
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Eagle88 Supreme	23-Aug-2023 09:31        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	All the right music that investors would like to hear !!! Eagle88      ( Date: 23-Aug-2023 09:22) Posted: QUOTED : The state-of-the-art rig was completed and delivered on schedule, showcasing the Group&rsquo s ability to deliver world-class assets on time and on budget. eugesun      ( Date: 23-Aug-2023 08:30) Posted: They are in good shape now, With oil demand is strong and less competition, 1 dollar in 2 years.
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Eagle88 Supreme	23-Aug-2023 09:22        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	QUOTED : The state-of-the-art rig was completed and delivered on schedule, showcasing the Group&rsquo s ability to deliver world-class assets on time and on budget. eugesun      ( Date: 23-Aug-2023 08:30) Posted: They are in good shape now, With oil demand is strong and less competition, 1 dollar in 2 years.. n3wbie      ( Date: 22-Aug-2023 22:56) Posted: Quite frankly, the stock has held up well despite the market volatility and sell-off. Good to see them proactively working on lowering existing debt with parent guarantee - immediate savings to the bottomline so shows that they have a prudent capital management strategy in place.  The delivery of second jack-up novated by Borr Drilling to ADNOC Drilling announced this evening also reflects positively on the integration and hence the timely delivery to customers. Hopefully more synergies and the ability to yield more operating leverage with the enlarged scale and operations.
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eugesun Elite	23-Aug-2023 08:30        eugesun About Contact  Quote this Post!
x 0   x 0  Alert Admin	They are in good shape now, With oil demand is strong and less competition, 1 dollar in 2 years.. n3wbie      ( Date: 22-Aug-2023 22:56) Posted: Quite frankly, the stock has held up well despite the market volatility and sell-off. Good to see them proactively working on lowering existing debt with parent guarantee - immediate savings to the bottomline so shows that they have a prudent capital management strategy in place.  The delivery of second jack-up novated by Borr Drilling to ADNOC Drilling announced this evening also reflects positively on the integration and hence the timely delivery to customers. Hopefully more synergies and the ability to yield more operating leverage with the enlarged scale and operations.
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n3wbie Elite	22-Aug-2023 22:56        n3wbie About Contact  Quote this Post! Style: Fundamental
x 0   x 0  Alert Admin	Quite frankly, the stock has held up well despite the market volatility and sell-off. Good to see them proactively working on lowering existing debt with parent guarantee - immediate savings to the bottomline so shows that they have a prudent capital management strategy in place.  The delivery of second jack-up novated by Borr Drilling to ADNOC Drilling announced this evening also reflects positively on the integration and hence the timely delivery to customers. Hopefully more synergies and the ability to yield more operating leverage with the enlarged scale and operations.
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PiRPiR Master	22-Aug-2023 22:36        PiRPiR About Contact  Quote this Post!
x 0   x 0  Alert Admin	As a result of this parent guarantee, the interest rate margin ? a determining factor in the bonds' interest rate calculation ? has been lowered from 18 August. This decision will effectively reduce the interest expenses linked to the bonds, positively impacting SOM's financial obligations. As outlined in the circular issued on 31 January, prior to the acquisition finalisation, SOM had settled outstanding interest and partially redeemed perpetual securities previously issued to Keppel Corporation Limited (KCL), making a payment of $500m in cash. To facilitate this payment, SOM secured a $500m commitment letter with DBS Bank. This financing endeavour necessitated security arrangements, potentially involving a parent guarantee. sinpacent      ( Date: 22-Aug-2023 19:46) Posted: Seatrium commits support for subsidiary&rsquo s bond payment obligations The interest rate margin has lowered since 18 August. Seatrium announced that it signed a deed of guarantee last friday with its recently acquired Seatrium Offshore & Marine or SOM (formerly Keppel Offshore & Marine) for the latter&rsquo s bonds payment obligations. To recall, on 27 February, SOM issued $500m floating rate bonds due in 2026, with DBS Bank acting as the lead manager for the issuance. https://sbr.com.sg/shipping-marine/news/seatrium-commits-support-subsidiarys-bond-payment-obligations
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sinpacent Member	22-Aug-2023 19:46        sinpacent About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seatrium commits support for subsidiary&rsquo s bond payment obligations The interest rate margin has lowered since 18 August. Seatrium announced that it signed a deed of guarantee last friday with its recently acquired Seatrium Offshore & Marine or SOM (formerly Keppel Offshore & Marine) for the latter&rsquo s bonds payment obligations. To recall, on 27 February, SOM issued $500m floating rate bonds due in 2026, with DBS Bank acting as the lead manager for the issuance. https://sbr.com.sg/shipping-marine/news/seatrium-commits-support-subsidiarys-bond-payment-obligations
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Eagle88 Supreme	22-Aug-2023 17:38        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	MORE GOOD NEWS COMING !!! Eagle88      ( Date: 22-Aug-2023 17:34) Posted: Singapore, 22 August, 2023 &ndash Seatrium New Energy (a member of Seatrium Group) announced today the successful delivery of its second jackup rig, named &ldquo AlSila&rdquo , to ADNOC Drilling Company PJSC (ADNOC Drilling). The state-of-the-art rig was completed and delivered on schedule, showcasing the Group&rsquo s ability to deliver world-class assets on time and on budget. The jackup rig is part of a series of five rigs that Seatrium New Energy (formerly Keppel FELS) had been building for Borr Drilling. As set out in an earlier announcement in 2022, the company has entered into an agreement with Borr Drilling and certain of its subsidiaries to, among other things, accelerate the delivery of three jackup rigs to Borr Drilling (or a third party whom Borr Drilling intends to sell the rigs to). The construction contracts for the three rigs have since been novated by Borr Drilling to ADNOC Drilling. The recently completed &ldquo AlSila&rdquo is the second in a series of three jackup rigs. Built to world-class KFELS B Class design, the &ldquo AlSila&rdquo is capable of operating in water depths of over 400 feet, with the ability to drill to depths of up to 30,000 feet and deep wells both vertically and horizontally. The rig is also equipped with advanced and fully-automated high capacity rack and pinion elevating system, in addition to a Self-Positioning Fixation System that has the capacity to accommodate 150 persons with full amenities. These series of jackup rigs built at Seatrium&rsquo s Pioneer Yard in Singapore are specifically designed to meet the needs of a diverse range of customers, from small and independent oil companies to major multinational energy corporations. Their arrivals have the potential to boost the offshore drilling industry' s efficiency and productivity. A total of nine proprietary legacy rigs are currently contracted for deployment in the Middle East region since 2022. As the industry benchmark for jackup rigs, the KFELS B Class family of designs are high-quality legacy rigs with a strong track record, having proven its robustness and efficiency in many fields around the world over the years.  https://links.sgx.com/FileOpen/SGX%20Announcement_22%20Aug%202023.ashx?App=Announcement& FileID=770027
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Eagle88 Supreme	22-Aug-2023 17:34        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Singapore, 22 August, 2023 &ndash Seatrium New Energy (a member of Seatrium Group) announced today the successful delivery of its second jackup rig, named &ldquo AlSila&rdquo , to ADNOC Drilling Company PJSC (ADNOC Drilling). The state-of-the-art rig was completed and delivered on schedule, showcasing the Group&rsquo s ability to deliver world-class assets on time and on budget. The jackup rig is part of a series of five rigs that Seatrium New Energy (formerly Keppel FELS) had been building for Borr Drilling. As set out in an earlier announcement in 2022, the company has entered into an agreement with Borr Drilling and certain of its subsidiaries to, among other things, accelerate the delivery of three jackup rigs to Borr Drilling (or a third party whom Borr Drilling intends to sell the rigs to). The construction contracts for the three rigs have since been novated by Borr Drilling to ADNOC Drilling. The recently completed &ldquo AlSila&rdquo is the second in a series of three jackup rigs. Built to world-class KFELS B Class design, the &ldquo AlSila&rdquo is capable of operating in water depths of over 400 feet, with the ability to drill to depths of up to 30,000 feet and deep wells both vertically and horizontally. The rig is also equipped with advanced and fully-automated high capacity rack and pinion elevating system, in addition to a Self-Positioning Fixation System that has the capacity to accommodate 150 persons with full amenities. These series of jackup rigs built at Seatrium&rsquo s Pioneer Yard in Singapore are specifically designed to meet the needs of a diverse range of customers, from small and independent oil companies to major multinational energy corporations. Their arrivals have the potential to boost the offshore drilling industry' s efficiency and productivity. A total of nine proprietary legacy rigs are currently contracted for deployment in the Middle East region since 2022. As the industry benchmark for jackup rigs, the KFELS B Class family of designs are high-quality legacy rigs with a strong track record, having proven its robustness and efficiency in many fields around the world over the years.  https://links.sgx.com/FileOpen/SGX%20Announcement_22%20Aug%202023.ashx?App=Announcement& FileID=770027
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PQTPQK Supreme	22-Aug-2023 15:39        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	cheong ? pkli899      ( Date: 22-Aug-2023 12:20) Posted: For week of 14 Aug, Institutions buying but retailers selling.
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pkli899 Supreme	22-Aug-2023 12:20        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	For week of 14 Aug, Institutions buying but retailers selling.
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eugesun Elite	22-Aug-2023 11:57        eugesun About Contact  Quote this Post!
x 0   x 0  Alert Admin	Exactly....huat ahhh... Eagle88      ( Date: 22-Aug-2023 11:44) Posted: Noticed funds may be repositioning their portfolio as per STI index and Seatrium is one of the beneficiaries.
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Eagle88 Supreme	22-Aug-2023 11:44        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Noticed funds may be repositioning their portfolio as per STI index and Seatrium is one of the beneficiaries.
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Eagle88 Supreme	22-Aug-2023 10:13        Eagle88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Funds are willing to buy at this price 134, so there' s strong support for Seatrium. So far, there' s no company announcement on KC selling shares, so this is done by another party or parties who are willing to buy/sell, it is a very good sign that SP is no longer going lower than 134 for now and the potential to go up is high after all those who want to sell have sold. Tob231      ( Date: 21-Aug-2023 17:25) Posted: eagle88, good observation. with such a huge married deal, what is your thought ? Eagle88      ( Date: 21-Aug-2023 17:19) Posted: Married deal 134 X 68millions done at closing
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Tob231 Elite	22-Aug-2023 09:56        Tob231 About Contact  Quote this Post!
x 0   x 0  Alert Admin	just as i was typing ... indeed sti turned green. hope got good news from seatrium
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Tob231 Elite	22-Aug-2023 09:54        Tob231 About Contact  Quote this Post!
x 0   x 0  Alert Admin	most of the markets are up while sti is down but observe it is slowly recovering from red. hopefully will turn green soon wehuattogether88      ( Date: 22-Aug-2023 09:38) Posted: Seatrium not moving much. Might Have to wait for contracts wins or positive news.
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wehuattogether88 Supreme	22-Aug-2023 09:38        wehuattogether88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seatrium not moving much. Might Have to wait for contracts wins or positive news.
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ruanlai Elite	22-Aug-2023 04:52        ruanlai About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Maybe Keppel sold all their holdings  Dyodd Eagle88      ( Date: 21-Aug-2023 17:19) Posted: Married deal 134 X 68millions done at closing. eugesun      ( Date: 21-Aug-2023 11:32) Posted: 175 millions volume...not bad...140 the next stop.
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VT_Jr888 Member	22-Aug-2023 01:57        VT_Jr888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems a bit challenging but, let' s hope that this fella can hit 0.14 by the end of this week.  HUAT HUAT HUAT to everyone here!
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Tob231 Elite	21-Aug-2023 17:25        Tob231 About Contact  Quote this Post!
x 0   x 0  Alert Admin	eagle88, good observation. with such a huge married deal, what is your thought ? Eagle88      ( Date: 21-Aug-2023 17:19) Posted: Married deal 134 X 68millions done at closing. eugesun      ( Date: 21-Aug-2023 11:32) Posted: 175 millions volume...not bad...140 the next stop.
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