Seatrium Ltd
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Seatrium - Sea of Hopes & Atrium of Surprises (II)
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But for BOT model, need to arrange own financing...that' s why need the multi-currency $3bil note arrangement to fund project if win bid.
Joyoftheworld ( Date: 16-Apr-2026 16:32) Posted:
It was announced a few months ago that Sinktrium is going into the " build operate transfer" FPSO segment with their new proprietary Flexhull.
" The FLEXHull also aligns with Brazil&rsquo s emerging build-own-transfer (BOT) model, in which contractors finance and construct FPSOs before transferring ownership to the operator. By offering a standard moored hull platform, Seatrium can better serve this growing segment while retaining flexibility for global deployment"
Lost this bid to SBM. Only can be their subcontractor. Maybe better luck the next round.
stockpicker ( Date: 16-Apr-2026 13:54) Posted:
| Can you furnish news on Seatrim lost the bid? The project has just been approved by Petrobas on yesterday according to the news. |
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It was announced a few months ago that Sinktrium is going into the " build operate transfer" FPSO segment with their new proprietary Flexhull.
" The FLEXHull also aligns with Brazil&rsquo s emerging build-own-transfer (BOT) model, in which contractors finance and construct FPSOs before transferring ownership to the operator. By offering a standard moored hull platform, Seatrium can better serve this growing segment while retaining flexibility for global deployment"
Lost this bid to SBM. Only can be their subcontractor. Maybe better luck the next round.
stockpicker ( Date: 16-Apr-2026 13:54) Posted:
| Can you furnish news on Seatrim lost the bid? The project has just been approved by Petrobas on yesterday according to the news. |
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Can you furnish news on Seatrim lost the bid? The project has just been approved by Petrobas on yesterday according to the news.
Sinktrium lost the bid against SBM for these 2 " build operate transfer" petrobras FPSO projects. Only can get some scraps from SBM to do the integration work. Sad.
stockpicker ( Date: 16-Apr-2026 11:15) Posted:
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Trump told Fox News' Maria Bartiromo (interview airing today) the U.S.-Israel war with Iran is over after ~32 days of strikes that eviscerated Iran' s navy (150+ vessels sunk), air defenses, missiles, and key targets. Ceasefire holding since Apr 8. U.S. naval blockade of Strait of Hormuz stays up to enforce terms&mdash no full reopen of shipping/oil yet. VP Vance heads to Pakistan this week for round 2 talks. Iran no longer a major threat per Trump markets up on de-escalation. Oil price dropped to $90
https://tradingeconomics.com/commodity/crude-oil
Very little trade in ADR. Let' s see how Singapore stocks reacts now that US stocks are cheonging
Ratio is 10:1. % rise will be the same. The ticker id shown in chart
Trainner ( Date: 14-Apr-2026 23:27) Posted:
Is our Seatrium 1-to-1 to the Seatrium ADR?
what is the ticker for the ADR?
stockpicker ( Date: 14-Apr-2026 23:00) Posted:
Here a better picture from WSJ
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Ratio is 10:1. % rise will be the same. The ticker id shown in chart
Trainner ( Date: 14-Apr-2026 23:27) Posted:
Is our Seatrium 1-to-1 to the Seatrium ADR?
what is the ticker for the ADR?
stockpicker ( Date: 14-Apr-2026 23:00) Posted:
Here a better picture from WSJ
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Is our Seatrium 1-to-1 to the Seatrium ADR?
what is the ticker for the ADR?
stockpicker ( Date: 14-Apr-2026 23:00) Posted:
Here a better picture from WSJ
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Here a better picture from WSJ
Should not be a problem reaching $3/- The Seatrim ADR just risen 3.79% at the time of writing
after collection of dividend, all retailers can help to short it down, I wait to load up again. 3 dollar huat ahh..
gosharej ( Date: 14-Apr-2026 16:23) Posted:
wait to collect dividend, so crap walk now
ahbui8 ( Date: 14-Apr-2026 14:20) Posted:
| Will not reach $3 until at least 2028, below $1.50 or worse below $1.00 in 2027. 😂 😜 |
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wait to collect dividend, so crap walk now
ahbui8 ( Date: 14-Apr-2026 14:20) Posted:
Will not reach $3 until at least 2028, below $1.50 or worse below $1.00 in 2027. 😂 😜
Tob231 ( Date: 14-Apr-2026 09:18) Posted:
not asking much, when can reach $3 ...haha
hokkien " pea boh yan" ran so fast cannot smell smoke or speedy gonzales.... same time same price ,YZJ has already crossed $4, this counter is still languishing around 2.47/8 😂 😂 😂 😂 😂 😂 😂 😂
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Will not reach $3 until at least 2028, below $1.50 or worse below $1.00 in 2027. 😂 😜
Tob231 ( Date: 14-Apr-2026 09:18) Posted:
not asking much, when can reach $3 ...haha
hokkien " pea boh yan" ran so fast cannot smell smoke or speedy gonzales.... same time same price ,YZJ has already crossed $4, this counter is still languishing around 2.47/8 😂 😂 😂 😂 😂 😂 😂 😂
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not asking much, when can reach $3 ...haha
hokkien " pea boh yan" ran so fast cannot smell smoke or speedy gonzales.... same time same price ,YZJ has already crossed $4, this counter is still languishing around 2.47/8 😂 😂 😂 😂 😂 😂 😂 😂
Seatrium is a leading offshore services provider.
Boasting a 60-year track record, the company is renowned for its consistent safety standards and geopolitical diversity.
The company& rsquo s flagship products include gigantic Floating Production, Storage, and Offloading (FPSO) units that are built in yards across Brazil, China, Indonesia, the Philippines, and Singapore.
As opposed to higher-risk bespoke projects, Seatrium has a & ldquo design once, build many& rdquo approach that reduces execution risk and enhances delivery efficiency.
This strategy appears to be working with the company& rsquo s FY2025 revenue climbing 24% to S$11.5 billion, driving net profit up 106% to S$324 million, thanks to disciplined project execution, improved operating leverage, and cost efficiencies.
The engineering specialist sits on a robust S$17.8 billion net order book that stretches through to 2033. 40% of the net order book comprises renewables and cleaner/green solutions, providing Seatrium with resilience across energy cycles.
With such revenue visibility, Seatrium proposed a doubling of its dividend for FY2025 to S$0.03 per share.
There will be a lot of volatility in near term.
For longer term, Seatrium should perform good.
stockpicker ( Date: 13-Apr-2026 08:42) Posted:
Higher oil prices lead to greater investments in oil equipment. As of 3Q 2025, Seatrium' s net order book stands at S$16.6 billion, comprising 24 projects with deliveries extending through 2031. Seatrium' s substantial net order book and the growing new wins will need significant working capital to manage 24-26 ongoing projects through 2031. While the company has returned to profitability and reported improved operating cash flows, the capital-intensive nature of its offshore, marine, and energy projects necessitates large credit lines and active capital management to support construction and project execution. Seatrim should benefit from higher oil price according to this SGX article
https://www.sgx.com/research-education/market-updates/20230928-whats-trending-oil-plays-spotlight-crude-prices-rise
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Higher oil prices lead to greater investments in oil equipment. As of 3Q 2025, Seatrium' s net order book stands at S$16.6 billion, comprising 24 projects with deliveries extending through 2031. Seatrium' s substantial net order book and the growing new wins will need significant working capital to manage 24-26 ongoing projects through 2031. While the company has returned to profitability and reported improved operating cash flows, the capital-intensive nature of its offshore, marine, and energy projects necessitates large credit lines and active capital management to support construction and project execution. Seatrim should benefit from higher oil price according to this SGX article
https://www.sgx.com/research-education/market-updates/20230928-whats-trending-oil-plays-spotlight-crude-prices-rise
