Back

Latest Forum Topics / Seatrium Ltd    Last:1.96    -0.01

Post Reply

SEATRIUM LTD. - ROCKETING TO THE MOON BY 2028 !!!! Post Reply Rate topic
Login20 Master	01-Jun-2024 21:39        Login20 About Contact  Quote this Post!
x 1   x 0  Alert Admin	ahbui8, Seem that you might be right on the contract value of 3rd Tennet Wind Farm to be of S$2.9 bn (EUR2bn each) instead of S$8.76 bn, the ST articles is more comphensive in reporting on the Tennet Wind Farm contract than the UOBKH analyst report dated 29 May 24. https://www.straitstimes.com/business/seatrium-consortium-to-build-third-offshore-wind-project-for-dutch-electrical-transmission-operator Login20      ( Date: 31-May-2024 11:02) Posted: Thank you, for correction.   I base on UOBKH estimate.   You might be right too.  ahbui8      ( Date: 31-May-2024 10:59) Posted: Tennet HVDC is only EUR2B each lah
Useful To Me  Not Useful To Me
Panda8 Veteran	01-Jun-2024 21:24        Panda8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If you are Seatrium chief engineer, it' s price will be at least $15 for sure! MrBear12      ( Date: 01-Jun-2024 16:45) Posted: Really lots of work put into construction. Wished I had been a Marine Engineer. But also happy to be Seatrium shareholder. Support our shipyards and workers. More important than any profits we can make. Seatrium Jiayou! Login20      ( Date: 30-May-2024 20:56) Posted: I chance upon 2 interesting few minutes video clips on FPSO hull construction and topsides lifting for your entertainment. https://safety4sea.com/watch-fpso-hull-construction/ https://www.youtube.com/watch?v=4YBPRrZMwhg
Useful To Me  Not Useful To Me
MrBear12 Supreme	01-Jun-2024 16:45        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	Really lots of work put into construction. Wished I had been a Marine Engineer. But also happy to be Seatrium shareholder. Support our shipyards and workers. More important than any profits we can make. Seatrium Jiayou! Login20      ( Date: 30-May-2024 20:56) Posted: I chance upon 2 interesting few minutes video clips on FPSO hull construction and topsides lifting for your entertainment. https://safety4sea.com/watch-fpso-hull-construction/ https://www.youtube.com/watch?v=4YBPRrZMwhg
Useful To Me  Not Useful To Me
MrBear12sfan Member	01-Jun-2024 13:24        MrBear12sfan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not overdone. Personally i find it valuable. Big thanks, in case no chance to thank you again. Big like, big thumbsup! Login20      ( Date: 01-Jun-2024 12:46) Posted: Don' t understand what you mean by 1 thump down? might have against your interest. You should show to the market force, not me here. This statement is for those who is interested by neutral. I had before this statement decided to stop writing in this Forum until the right time by mid July when Seatrium is back to Life. I might have overdone last 2 weeks since I have some spare moments with Seatrium. Happy investing to all, hope we make the right money, see you in July, depend on any new happening to Seatrium move. Login20      ( Date: 31-May-2024 19:36) Posted: Today Seatrium short sell volume recorded at 9.3%, the last minutes mass trading volume reduced  the earlier % short selling volume significantly Total Volume Traded  235,977,673 Short Sell Volume        21,967,700
Useful To Me  Not Useful To Me
MrBear12 Supreme	01-Jun-2024 12:53        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	See u soon in July, Login20! By then you will be a veteran. A true one. MrBear12      ( Date: 01-Jun-2024 12:49) Posted: No worries login, I have had the most thumbs down on SJ than any other nickname. Most dun like bears. You will soon have many thumbs up, I assure you! Blessings Login20      ( Date: 01-Jun-2024 12:46) Posted: Don' t understand what you mean by 1 thump down? might have against your interest. You should show to the market force, not me here. This statement is for those who is interested by neutral. I had before this statement decided to stop writing in this Forum until the right time by mid July when Seatrium is back to Life. I might have overdone last 2 weeks since I have some spare moments with Seatrium. Happy investing to all, hope we make the right money, see you in July, depend on any new happening to Seatrium move.
Useful To Me  Not Useful To Me
MrBear12 Supreme	01-Jun-2024 12:49        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	No worries login, I have had the most thumbs down on SJ than any other nickname. Most dun like bears. You will soon have many thumbs up, I assure you! Blessings Login20      ( Date: 01-Jun-2024 12:46) Posted: Don' t understand what you mean by 1 thump down? might have against your interest. You should show to the market force, not me here. This statement is for those who is interested by neutral. I had before this statement decided to stop writing in this Forum until the right time by mid July when Seatrium is back to Life. I might have overdone last 2 weeks since I have some spare moments with Seatrium. Happy investing to all, hope we make the right money, see you in July, depend on any new happening to Seatrium move. Login20      ( Date: 31-May-2024 19:36) Posted: Today Seatrium short sell volume recorded at 9.3%, the last minutes mass trading volume reduced  the earlier % short selling volume significantly Total Volume Traded  235,977,673 Short Sell Volume        21,967,700
Useful To Me  Not Useful To Me
Login20 Master	01-Jun-2024 12:46        Login20 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Don' t understand what you mean by 1 thump down? might have against your interest. You should show to the market force, not me here. This statement is for those who is interested by neutral. I had before this statement decided to stop writing in this Forum until the right time by mid July when Seatrium is back to Life. I might have overdone last 2 weeks since I have some spare moments with Seatrium. Happy investing to all, hope we make the right money, see you in July, depend on any new happening to Seatrium move. Login20      ( Date: 31-May-2024 19:36) Posted: Today Seatrium short sell volume recorded at 9.3%, the last minutes mass trading volume reduced  the earlier % short selling volume significantly Total Volume Traded  235,977,673 Short Sell Volume        21,967,700
Useful To Me  Not Useful To Me
MrBear12 Supreme	01-Jun-2024 09:44        MrBear12 About Contact  Quote this Post! Style: Combined   Mood: Yells: "Cast all our anxieties on Jesus for He cares for us"
x 0   x 0  Alert Admin	With shortsellers moving out, Seatrium is moving up and out of MSCI. June should see a better month than May where it was hit by being dropped from a major index. With SBB and a brighter prospect, we expect this to float up. We hope buyers both retail and institutional will start moving in as fund houses raise their target prices for this. Ready for rocket boosters firing Login20      ( Date: 31-May-2024 19:36) Posted: Today Seatrium short sell volume recorded at 9.3%, the last minutes mass trading volume reduced  the earlier % short selling volume significantly Total Volume Traded  235,977,673 Short Sell Volume        21,967,700
Useful To Me  Not Useful To Me
Login20 Master	31-May-2024 19:36        Login20 About Contact  Quote this Post!
x 1   x 1  Alert Admin	Today Seatrium short sell volume recorded at 9.3%, the last minutes mass trading volume reduced  the earlier % short selling volume significantly Total Volume Traded  235,977,673 Short Sell Volume        21,967,700
Useful To Me  Not Useful To Me
Login20 Master	31-May-2024 18:25        Login20 About Contact  Quote this Post!
x 1   x 0  Alert Admin	https://www.investor-one.com/editorial/25376-Analyst-Alert-Recommendation-and-Consensus-On-Singtel-Seatrium-and-More
Useful To Me  Not Useful To Me
vicloo Supreme	31-May-2024 17:38        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Didnt buy when it was under 1.6, 1+ week ago? kennygohk      ( Date: 31-May-2024 17:16) Posted: I queued at 1.78, but bought 1.76 at 1704h. Not sure to be happy or sad... Sigh, finally see it closing to my avg 1.95 than it lai sai to.1.76 again...hope it won' t go any lower next week kt3152      ( Date: 31-May-2024 16:01) Posted: Got some 178 from the sell down....
Useful To Me  Not Useful To Me
luckyguy3 Master	31-May-2024 17:19        luckyguy3 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Monday morning there will be another smaller " sell down" at 8.59am for those institutional investors to get rid of whatever they miss to clear. Those queueing at 1.76, some may have miss to sell so they will get rid of everything on Monday 8.59am. So another chance lo..  After that return to normal.  kennygohk      ( Date: 31-May-2024 17:16) Posted: I queued at 1.78, but bought 1.76 at 1704h. Not sure to be happy or sad... Sigh, finally see it closing to my avg 1.95 than it lai sai to.1.76 again...hope it won' t go any lower next week kt3152      ( Date: 31-May-2024 16:01) Posted: Got some 178 from the sell down....
Useful To Me  Not Useful To Me
kennygohk Member	31-May-2024 17:16        kennygohk About Contact  Quote this Post!
x 0   x 0  Alert Admin	I queued at 1.78, but bought 1.76 at 1704h. Not sure to be happy or sad... Sigh, finally see it closing to my avg 1.95 than it lai sai to.1.76 again...hope it won' t go any lower next week kt3152      ( Date: 31-May-2024 16:01) Posted: Got some 178 from the sell down....
Useful To Me  Not Useful To Me
kt3152 Supreme	31-May-2024 16:01        kt3152 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got some 178 from the sell down....
Useful To Me  Not Useful To Me
Login20 Master	31-May-2024 14:08        Login20 About Contact  Quote this Post!
x 1   x 0  Alert Admin	I am also thinking about those KOM goodwill clauses in which can last for over few years later between both parties, in which if meet, Seatrium can claim from Keppel on damages and costs for further prolonged overdrag for those already delayed KOM contracted projects, beyond from the knowledge on the point of sale for these delayed projects with KOM. Just Opinions and no offence to Keppel Shareholders. This claims might or will not at all happen, so just read for understanding without placing this into better results, unlike what we already lists out every known positive happening so far. Base on projection and assumption, and hopefully no more bad news. DYODD. beetlejuice      ( Date: 31-May-2024 13:39) Posted: Another thot... the write off from its aggressive kitchen sinking exercise is huge. So a big write back is highly likely in the coming financial year, which will boost profit. MrBear12      ( Date: 30-May-2024 19:46) Posted: Just a thought to add to LOGIN20, Since Seatrium had been making three consecutive years of losses, won' t it have some tax credits which can be used to offset any taxation on future profits? That will have some effect on the net profit or profit after tax. Going ahead, finance costs should also go down as debts are paid.  Just some random thots for your consideration. Lots of uncertainties still. But looking hopeful
Useful To Me  Not Useful To Me
Login20 Master	31-May-2024 13:50        Login20 About Contact  Quote this Post!
x 1   x 0  Alert Admin	I am not focus thank you for the correction. We should look forward to better days. Hopefully is an uptrend from these days onward, away from the long downtrend since 2nd half of last year. Happy Investing. beetlejuice      ( Date: 31-May-2024 13:30) Posted: For your point 1, should be "yard in the Philippines". Login20      ( Date: 31-May-2024 10:39) Posted: Add on for better results.  1. Divestment of Indonesia yard is a positive as confirmed by Seatrium CFO. 2. US$108 millions is within last years provisions, mean might have some surplus. US$68 millions is a negative though. 3. 3rd Tennet wind farm estimated of S$8.76 bn, if awarded as claim will be soon by Management, total order book is S$34.56 bn.  4. Tax incentives for lost making companies for 3 consecutive years as suggested by MrBear12. 5. Interest rate is considered stable as secured undrawn loan of S$2 billions.  6. S$500 millions loan redeemed,   lesser expenses for loan interest payment.   Just opinions. DYODD.    Happy Days.
Useful To Me  Not Useful To Me
alanchee Senior	31-May-2024 13:46        alanchee About Contact  Quote this Post!
x 0   x 0  Alert Admin	I believe the losses can be used to offset tax on future profits. Any accountant/expert can advise? MrBear12      ( Date: 30-May-2024 19:46) Posted: Just a thought to add to LOGIN20, Since Seatrium had been making three consecutive years of losses, won' t it have some tax credits which can be used to offset any taxation on future profits? That will have some effect on the net profit or profit after tax. Going ahead, finance costs should also go down as debts are paid.  Just some random thots for your consideration. Lots of uncertainties still. But looking hopeful! Login20      ( Date: 30-May-2024 12:59) Posted: Just a thought, once this 3rd Tennet Wind Farm contract is signed soon as claim by Seatrium Management, new order book will be $25.8 bn plus $8.76 bn, total $34.56 bn. This  is a very amazing order book sum, more than what CEO Chris earlier $30 bn statement for full capacity with resources to be used, if not wrong. Once achieve this new order book, next year Revenue of $10 bn to $12 bn should be closer if not reaching. EBITD of $1 bn will be on sight much earlier hopefully. DYODD. Happy Day
Useful To Me  Not Useful To Me
beetlejuice Master	31-May-2024 13:39        beetlejuice About Contact  Quote this Post!
x 1   x 0  Alert Admin	Another thot... the write off from its aggressive kitchen sinking exercise is huge. So a big write back is highly likely in the coming financial year, which will boost profit. MrBear12      ( Date: 30-May-2024 19:46) Posted: Just a thought to add to LOGIN20, Since Seatrium had been making three consecutive years of losses, won' t it have some tax credits which can be used to offset any taxation on future profits? That will have some effect on the net profit or profit after tax. Going ahead, finance costs should also go down as debts are paid.  Just some random thots for your consideration. Lots of uncertainties still. But looking hopeful! Login20      ( Date: 30-May-2024 12:59) Posted: Just a thought, once this 3rd Tennet Wind Farm contract is signed soon as claim by Seatrium Management, new order book will be $25.8 bn plus $8.76 bn, total $34.56 bn. This  is a very amazing order book sum, more than what CEO Chris earlier $30 bn statement for full capacity with resources to be used, if not wrong. Once achieve this new order book, next year Revenue of $10 bn to $12 bn should be closer if not reaching. EBITD of $1 bn will be on sight much earlier hopefully. DYODD. Happy Day
Useful To Me  Not Useful To Me
beetlejuice Master	31-May-2024 13:30        beetlejuice About Contact  Quote this Post!
x 0   x 0  Alert Admin	For your point 1, should be "yard in the Philippines". Login20      ( Date: 31-May-2024 10:39) Posted: Add on for better results.  1. Divestment of Indonesia yard is a positive as confirmed by Seatrium CFO. 2. US$108 millions is within last years provisions, mean might have some surplus. US$68 millions is a negative though. 3. 3rd Tennet wind farm estimated of S$8.76 bn, if awarded as claim will be soon by Management, total order book is S$34.56 bn.  4. Tax incentives for lost making companies for 3 consecutive years as suggested by MrBear12. 5. Interest rate is considered stable as secured undrawn loan of S$2 billions.  6. S$500 millions loan redeemed,   lesser expenses for loan interest payment.   Just opinions. DYODD.    Happy Days.  Login20      ( Date: 29-May-2024 19:59) Posted: 1H23 revenue at $2.9 billions achieved EBITD of $258 millions (before provision for contracts and merger expense). 1Q24 OCBC estimated revenue of $1.8 billions (excluding repair and upgrading contract). 1Q24 DBS estimated revenue of $2 billions. OCBC and DBS average estimate of $1.9 billion for 1Q24. If 1H24 can achieve revenue of said $1.9 billions x 2 quarters on average for total of $3.8 billions, directly proportion with 1H23 on EBITD and revenue $258 millions divide by $2.9 billions 1H24 EBITD is estimated as $338 millions, 31% better than 1H23 EBITD, for assumption purpose with status quo intact while 1H24 should have some savings from impairment process on dispreciation, expenses and 2 cost saving measures. Above is purely base on projection and assumption for estimate as a guide, hopefully Seatrium can do better. DYODD.
Useful To Me  Not Useful To Me
Login20 Master	31-May-2024 11:02        Login20 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Thank you, for correction.   I base on UOBKH estimate.   You might be right too.  ahbui8      ( Date: 31-May-2024 10:59) Posted: Tennet HVDC is only EUR2B each lah   Login20      ( Date: 31-May-2024 10:39) Posted: Add on for better results.  1. Divestment of Indonesia yard is a positive as confirmed by Seatrium CFO. 2. US$108 millions is within last years provisions, mean might have some surplus. US$68 millions is a negative though. 3. 3rd Tennet wind farm estimated of S$8.76 bn, if awarded as claim will be soon by Management, total order book is S$34.56 bn.  4. Tax incentives for lost making companies for 3 consecutive years as suggested by MrBear12. 5. Interest rate is considered stable as secured undrawn loan of S$2 billions.  6. S$500 millions loan redeemed,   lesser expenses for loan interest payment.   Just opinions. DYODD.    Happy Days.
Useful To Me  Not Useful To Me

                                                         First   < Newer   861-880 of 1494   Older>   Last