Post Reply
181-200 of 4733
5 offshore wind farms move ahead after Trump admin misses appeal deadline [update]
Then Seatrim was involved in. dispute with Maersk in October, resulting a drop of about 8% in share price.https://electrek.co/2026/04/10/us-offshore-wind-backlash-grows-as-empire-revolution-wind-sue-trump-admin/?fbclid=IwdGRjcARGy8JleHRuA2FlbQIxMQBzcnRjBmFwcF9pZAo2NjI4NTY4Mzc5AAEeoCUIIaIqzjKH-q1O8sly7218JEPf-8LYJlHNAfv9nWcMETQoZhcEkN1OhDg_aem_Dqb5TCNXfGjGrRi55tH8SA
This chart shows that Seatrim has cleared the symmetrical triangle and ready to scale higher. Unfortunately, the announcement of multi-currency debt announcement threw a spanner, pulling the price back. Guess the investors will need time to digest the multi currency debt announcement. As long as the price stay above 2.42, the last high, the hope to scale new high is still good.
Big contract from SBM for SEAP 1 & 2 coming soon!
Petrobras and SBM reach agreement of US$7.8bn for FPSOs
https://www.bnamericas.com/en/news/petrobras-and-sbm-reach-agreement-of-us78-billion-for-fpsos#:~:text=According%20to%20this%20source%2C%20the%20final%20amounts,SEAP%20II%20and%20US%244.00bn%20for%20SEAP%20I.
Petrobras and SBM reach agreement of US$7.8bn for FPSOs
https://www.bnamericas.com/en/news/petrobras-and-sbm-reach-agreement-of-us78-billion-for-fpsos#:~:text=According%20to%20this%20source%2C%20the%20final%20amounts,SEAP%20II%20and%20US%244.00bn%20for%20SEAP%20I.
eugesun ( Date: 10-Apr-2026 14:47) Posted:
|
Seatrim is in a recovering mode, from a negative return of -9% in H1 24 to today' s return of about 2%, representing an increase of around 20%. The returns were gradually increasing since H2 24 from 0.93%. The PE ratio in H2 24 was a whopping 45.2 indicating the investors were buying up the stock believing in Seatrim' s recovery story. Today, the PE ratio in H2 25 was around 23 which is almost half of H2 24.. It shows that the investors are still hopeful that this recovery story will linger longer. With the rapid pace of expansion and the increase in order books and projects, the investors should have already expected Seatrim will need to boost its capital in time to come. The issuance of new debts or notes will not dilute the share of the shareholders (unlike issuing new equity), but it will introduce interest obligations. This might not adversely affected a growing company like Seatrim whose is likely to use the debt to finance the growing project constructions. As Seatrim has relatively lower debt, it may improve their weighted average cost of capital (WACC), using the interest tax shield to their advantage. Seatrim is for investors who favour turnaround prospects.
If the investors want something more stable, they should consider YZJ. Both Seatrim and YZJ are equally strong fundamentally.
If the investors want something more stable, they should consider YZJ. Both Seatrim and YZJ are equally strong fundamentally.
To be exact, Temasek did not sell Seatrium shares. It' s Keppel Corp that has sold (as expected). Good thing is, Keppel Corp has finished selling all the shares and market has absorbed it well.
gosharej ( Date: 10-Apr-2026 15:54) Posted:
|
https://bt.sg/LmaQ
Seatrium has established a S$3 billion multicurrency debt issuance programme to refinance existing borrowings, fund potential acquisitions, and meet general working capital and capital expenditure requirements. The program, which received in-principle approval from the SGX-ST, allows Seatrium and Seatrium Financial Services to issue notes or perpetual securities in various currencies and tenors.
The Business Times
The Business Times
+2
Key Details of the Programme:
Capacity: S$3 billion multicurrency debt issuance.
Issuers: Seatrium Limited and Seatrium Financial Services Pte. Ltd. (SFS).
Guarantor: Notes issued by SFS are unconditionally guaranteed by Seatrium.
Arrangers & Dealers: DBS Bank Ltd. and Standard Chartered Bank (Singapore) Limited.
Purpose: Refinancing, funding acquisitions/investments, capital expenditure, and working capital.
The Business Times
The Business Times
+3
The establishment of this programme provides Seatrium with greater financial flexibility to pursue growth opportunities and manage its capital structure efficiently.
Seatrium has established a S$3 billion multicurrency debt issuance programme to refinance existing borrowings, fund potential acquisitions, and meet general working capital and capital expenditure requirements. The program, which received in-principle approval from the SGX-ST, allows Seatrium and Seatrium Financial Services to issue notes or perpetual securities in various currencies and tenors.
The Business Times
The Business Times
+2
Key Details of the Programme:
Capacity: S$3 billion multicurrency debt issuance.
Issuers: Seatrium Limited and Seatrium Financial Services Pte. Ltd. (SFS).
Guarantor: Notes issued by SFS are unconditionally guaranteed by Seatrium.
Arrangers & Dealers: DBS Bank Ltd. and Standard Chartered Bank (Singapore) Limited.
Purpose: Refinancing, funding acquisitions/investments, capital expenditure, and working capital.
The Business Times
The Business Times
+3
The establishment of this programme provides Seatrium with greater financial flexibility to pursue growth opportunities and manage its capital structure efficiently.
the price movement will tell the future of the stock, Temasek should stop selling to proof that the strategy forward is good move. Else how to convince share holding to keep buying.
eugesun ( Date: 10-Apr-2026 14:47) Posted:
|
ready for defense Singapore....good move, 10 dollar huat ahh...
Trainner ( Date: 10-Apr-2026 00:37) Posted:
|
Despite all the positives it does not bode well with the share price. Even grocery store share Sheng Siong is moving faster.
👌
good analysis by AI.....
good analysis by AI.....
JurongW ( Date: 10-Apr-2026 00:08) Posted:
|
MS-copilot opinion:
If Seatrium were to acquire ST Engineering marine business, it would likely benefit Seatrium more than ST Engineering. Seatrium would gain scale, shipyard capacity, and diversification in defense-related marine contracts, while ST Engineering would streamline its portfolio by focusing on aerospace, electronics, and smart city solutions.
In short: Seatrium gains breadth, ST Engineering gains focus. The deal would be strategically positive for both, but the immediate operational upside leans toward Seatrium, while the financial and strategic clarity favors ST Engineering.
If Seatrium were to acquire ST Engineering marine business, it would likely benefit Seatrium more than ST Engineering. Seatrium would gain scale, shipyard capacity, and diversification in defense-related marine contracts, while ST Engineering would streamline its portfolio by focusing on aerospace, electronics, and smart city solutions.
📊 Strategic Impact Comparison
| Aspect | Benefit to Seatrium | Benefit to ST Engineering |
|---|---|---|
| Core Business Fit | Strengthens offshore & marine portfolio, adds defense/naval contracts | Divests non-core marine unit, sharpens focus on aerospace & electronics |
| Scale & Capacity | Gains additional shipyard facilities, workforce, and engineering expertise | Reduces capital-intensive operations, frees resources for higher-margin businesses |
| Revenue Diversification | Expands into defense-related shipbuilding (naval vessels, patrol craft) | Avoids cyclical marine sector risks, stabilizes earnings profile |
| Financial Impact | Potential revenue boost but integration costs could be high | One-off cash inflow from sale, improves balance sheet |
| Strategic Positioning | Positions Seatrium as a more comprehensive marine & defense player | Positions ST Engineering as a leaner, tech-driven conglomerate |
🔑 Key Considerations
-
For Seatrium:- Upside: Access to defense contracts (naval vessels, patrol craft) could provide more stable revenue compared to volatile offshore oil & gas projects.
- Risk: Integration challenges, overlapping facilities, and potential debt load if acquisition is financed aggressively.
-
For ST Engineering:- Upside: Divestment aligns with its strategy to focus on aerospace, electronics, and smart city solutions, which are higher-margin and growth-oriented.
- Risk: Loss of marine diversification could be seen as retreating from a traditional business line.
⚖ ️ Overall Assessment
- Better for Seatrium in terms of growth and diversification, especially if it wants to move beyond cyclical offshore energy markets into defense and government contracts.
- Better for ST Engineering in terms of focus and profitability, as it sheds a lower-margin, capital-heavy business to concentrate on its strengths.
In short: Seatrium gains breadth, ST Engineering gains focus. The deal would be strategically positive for both, but the immediate operational upside leans toward Seatrium, while the financial and strategic clarity favors ST Engineering.
Trainner ( Date: 09-Apr-2026 23:56) Posted:
|
Is this good or bad for Seatrium?
JurongW ( Date: 09-Apr-2026 17:56) Posted:
|
Plausible with this news announced yesterday.
https://links.sgx.com/1.0.0/corporate-announcements/LI1NKWTIZLXKQKWL/882641_Establishment%20of%20S%243%20Billion%20Multicurrency%20Debt%20Issuance%20Programme.pdf
https://links.sgx.com/1.0.0/corporate-announcements/LI1NKWTIZLXKQKWL/882641_Establishment%20of%20S%243%20Billion%20Multicurrency%20Debt%20Issuance%20Programme.pdf
Joyoftheworld ( Date: 09-Apr-2026 14:19) Posted:
|
ok join the bulls team pump it ot 3 dollar 💵
Joyoftheworld ( Date: 09-Apr-2026 14:19) Posted:
|
Rumour has it that Sinktrium is raising funds to buy over ST Engineering marine. We will know soon if that is true.
Updated chart
Last chance to buy at a discount before it chiong again.
4,000 lot queueing to sell at $2.50, cost 10 mil+,, not any Tom, Dick or Harry had that kind of $$.
Another 2,400 lot now at $2.49, cost 6 mil.
Another 2,400 lot now at $2.49, cost 6 mil.
JurongW ( Date: 07-Apr-2026 15:04) Posted:
|
After expending so much energy to break 2.45, now it has no strength to break 2.50 today.
Could be moving sideways again before the next breakout.
Could be moving sideways again before the next breakout.