| Latest Forum Topics / Seatrium Last:0.091 -- |
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SembM Re-Born Rich
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Michael1688
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28-Jul-2023 08:44
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Bright future for 2024 onward as long term. For short term, it is very volatile. Need to trade with cautious as Fund Managers look at Final # which is Net Profit/Net Loss & Dividend Payment.  | ||||
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Everyday
Elite |
28-Jul-2023 08:43
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Seatrium Records Positive Adjusted EBITDA1 of S$258 Million and Steady Revenue Growth of 164% with Rise in Orders for 1H2023   Secured new contract wins of S$4.3 billion year-to-date with solid orders pipeline Net order book of S$19.7 billion with projects lined up to 2030, comprising 40% renewables and cleaner/green solutions Strong operational performance with track record of projects delivered https://links.sgx.com/FileOpen/SL%201H2023%20Press%20Release.ashx?App=Announcement& FileID=766850   |
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Eagle88
Supreme |
28-Jul-2023 08:42
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Results much better than analysts. Very positive for the next financial year.
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eugesun
Elite |
28-Jul-2023 08:32
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Correct, no more hidden loses...bright future...
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Michael1688
Member |
28-Jul-2023 08:27
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The Group anticipates operational and financial performance to continue to improve in tandem. However, it expects to make a net loss for FY2023. Lets see how investors react to the news |
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Login20
Master |
28-Jul-2023 08:27
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Not easy to downsize workforce in Singapore, Seatrium should have Worker Union and Government discourage retrenchment, unless is a totally private company. Usually as such. Result is better than last 3 years, except with the provision on merger expenses and contracts.  
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Peggy2019
Member |
28-Jul-2023 08:25
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" However, the Group reported a net loss of S$264 million in 1H2023 due to provision for contracts and merger expenses."
 
To be optimistic, the money for the provision for contracts is still there, not an actual loss. The merger expenses is already in history. It doesn' t impact future profits. 
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eugesun
Elite |
28-Jul-2023 08:13
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Consider break even...lol...good job...
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eugesun
Elite |
28-Jul-2023 08:08
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Where is share456, come out and say something....lol.
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ysh2006
Supreme |
28-Jul-2023 07:56
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Any juice blog chart say anything ?...good or bad see market reaction this morning.
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spec008
Veteran |
28-Jul-2023 07:54
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However, the group achieved a positive ebitda of $27 million for the 1HFY2023, higher than the ebitda loss of $19 million in the same period the year before. This sounds good no? | ||||
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TeoMark
Veteran |
28-Jul-2023 07:52
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Elon musk is the owner. Different. This CEO need to report to his master.
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vicloo
Supreme |
28-Jul-2023 07:46
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Yes, everyone is waiting COE post merger restructuring plan and strategic plan.... not sure why it takes so looooooong... he said by end of this year. Just look at Elon musk he restructure and downsize workforce 1st day after he took over Twiiter haha.. KC ceo 4-5 mths in the job did nothing in organizational change at all.
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ssrata
Member |
28-Jul-2023 07:41
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Although loss company press statement is positive
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TeoMark
Veteran |
28-Jul-2023 07:39
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Huge order book = huge gross loss. | ||||
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spec008
Veteran |
28-Jul-2023 07:37
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Sounds serious | ||||
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ssrata
Member |
28-Jul-2023 07:34
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EBITDA plus $258 million after provision for contracts and others loss of 264 million.
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spec008
Veteran |
28-Jul-2023 07:25
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How much loss?
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ssrata
Member |
28-Jul-2023 07:23
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Compared to 2022 revenue increased to creditable 164%. 
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rlong8288
Master |
28-Jul-2023 07:19
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Results already out, losses 
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