Seatrium Ltd    Last:2.03   -

Seatrium - Sea of Hopes & Atrium of Surprises (II)

Absolutely. We have seen this coming months ago.

huattuatua      ( Date: 27-Feb-2026 13:06) Posted: though i hv sold this moons ago, but i m happy for those vested in this and making $ from this. i believe it has turned the corner, and poise to scale new heights .

 

though i hv sold this moons ago, but i m happy for those vested in this and making $ from this.

i believe it has turned the corner, and poise to scale new heights .
 

 

huat ahh...may dividends...

PiRPiR      ( Date: 27-Feb-2026 12:46) Posted: https://thesmartinvestor.com.sg/earnings-spotlight-seatrium-profits-double-as-sembcorp-bolsters-its-renewable-strategy/ Seatrium: Riding the Offshore Momentum Seatrium demonstrated significant operational momentum in 2025, benefiting from a robust cycle in the global offshore and marine industries. The engineering specialist saw its revenue jump 24.3% YoY to S$11.5 billion, a surge driven by the successful achievement of production milestones across its diverse project slate. This top-line growth translated into an even more impressive bottom-line result, as net profit more than doubled to S$323.6 million. This profitability leap was fueled by a combination of higher revenue recognition, leaner overhead costs, and a stronger contribution from its associates, which helped mitigate a rising tax bill. The group?s financial health also showed marked improvement. FCF turned positive at S$19.7 million, reversing the previous year?s slight deficit. As of year-end, Seatrium maintained a sturdy balance sheet with S$1.8 billion in cash against S$2.5 billion in borrowings, resulting in a manageable net debt of S$680.0 million. For income-seeking investors, the most encouraging takeaway was the doubling of the final dividend to S$0.03 per share. Looking ahead, Seatrium?s future appears well-supported by an enormous S$17.8 billion order book and a massive S$32 billion pipeline of potential deals. Management?s focus on high-value projects and strict financial discipline suggests a clear path toward margin expansion. By diversifying its reach into offshore wind and conversion projects, Seatrium is effectively positioning itself as a vital partner in the global energy evolution.

 

https://thesmartinvestor.com.sg/earnings-spotlight-seatrium-profits-double-as-sembcorp-bolsters-its-renewable-strategy/

Seatrium: Riding the Offshore Momentum
Seatrium demonstrated significant operational momentum in 2025, benefiting from a robust cycle in the global offshore and marine industries.

The engineering specialist saw its revenue jump 24.3% YoY to S$11.5 billion, a surge driven by the successful achievement of production milestones across its diverse project slate.

This top-line growth translated into an even more impressive bottom-line result, as net profit more than doubled to S$323.6 million.

This profitability leap was fueled by a combination of higher revenue recognition, leaner overhead costs, and a stronger contribution from its associates, which helped mitigate a rising tax bill.

The group?s financial health also showed marked improvement.

FCF turned positive at S$19.7 million, reversing the previous year?s slight deficit.

As of year-end, Seatrium maintained a sturdy balance sheet with S$1.8 billion in cash against S$2.5 billion in borrowings, resulting in a manageable net debt of S$680.0 million.

For income-seeking investors, the most encouraging takeaway was the doubling of the final dividend to S$0.03 per share.

Looking ahead, Seatrium?s future appears well-supported by an enormous S$17.8 billion order book and a massive S$32 billion pipeline of potential deals.

Management?s focus on high-value projects and strict financial discipline suggests a clear path toward margin expansion.

By diversifying its reach into offshore wind and conversion projects, Seatrium is effectively positioning itself as a vital partner in the global energy evolution.

 

Ahbui8, understand how you feel ... boey song.  but you cannot combined two entities and think it should be larger bcos KOM is full of shit.
Wong kenna torpedoed and sinked to the bottom of the ocean ... Ong was summoned to clear shit ... finally this CNY ... Heng Ong Heng Ong
祝 大 家 : 今 年 将 是 旺 旺 旺 , 左 旺 旺 旺 ,  右 旺 旺 旺 , 举 头 也 旺 旺 旺 , 低 头 也 旺 旺 旺 ....... 恭 喜 恭 喜 万 事 如 意 ， 心 想 事 成 ， 马 到 功 成

ahbui8      ( Date: 27-Feb-2026 09:53) Posted: Of cos lah, following YZJ to close the gap, SCM plus KOM can be less than 50% of YZJ market cap. Disgrace lah as a state own company. Tob231      ( Date: 26-Feb-2026 17:52) Posted: Today SG market is down and yet Seatrium is green ... not bad liao  Weather forecast Feb is raining, entering into March turning sunny

 

Then how you explain on ST Eng, nett profit less than 1B but market cap can hit 30B.
 

Joyoftheworld      ( Date: 27-Feb-2026 09:48) Posted: The somewhat disappointing $324mil net profit should take us to about $2.60.  To take $3, we will need H1 profit of $250mil or above. Tob231      ( Date: 26-Feb-2026 17:52) Posted: Today SG market is down and yet Seatrium is green ... not bad liao  Weather forecast Feb is raining, entering into March turning sunny

 

Of cos lah, following YZJ to close the gap, SCM plus KOM can be less than 50% of YZJ market cap. Disgrace lah as a state own company.

Tob231      ( Date: 26-Feb-2026 17:52) Posted: Today SG market is down and yet Seatrium is green ... not bad liao  Weather forecast Feb is raining, entering into March turning sunny    naoshingo      ( Date: 26-Feb-2026 15:42) Posted: Other company gives $0.013 dividend rocket 25%. This one give $0.03 barely move...

 

The somewhat disappointing $324mil net profit should take us to about $2.60.  To take $3, we will need H1 profit of $250mil or above.

Tob231      ( Date: 26-Feb-2026 17:52) Posted: Today SG market is down and yet Seatrium is green ... not bad liao  Weather forecast Feb is raining, entering into March turning sunny    naoshingo      ( Date: 26-Feb-2026 15:42) Posted: Other company gives $0.013 dividend rocket 25%. This one give $0.03 barely move...

 

Today SG market is down and yet Seatrium is green ... not bad liao 
Weather forecast Feb is raining, entering into March turning sunny 
 

naoshingo      ( Date: 26-Feb-2026 15:42) Posted: Other company gives $0.013 dividend rocket 25%. This one give $0.03 barely move...

 

They are getting their act together now and confidence are building up. This is just the beginning of more exciting time.

eugesun      ( Date: 26-Feb-2026 16:02) Posted: dividend in may, 3 months to grow... huat ahhh naoshingo      ( Date: 26-Feb-2026 15:42) Posted: Other company gives $0.013 dividend rocket 25%. This one give $0.03 barely move...

 

  At 45× FY25 earnings, AEM is priced at nearly double Seatrium&rsquo s multiple.
This means investors are expecting strong semiconductor growth and earnings recovery, even though its EPS of 5.4 cents is lower Seatrium' s 9.56 cents.

naoshingo      ( Date: 26-Feb-2026 15:42) Posted: Other company gives $0.013 dividend rocket 25%. This one give $0.03 barely move...

 

dividend in may, 3 months to grow... huat ahhh

naoshingo      ( Date: 26-Feb-2026 15:42) Posted: Other company gives $0.013 dividend rocket 25%. This one give $0.03 barely move...

 

Other company gives $0.013 dividend rocket 25%.
This one give $0.03 barely move...

 

No more involvement in this snail moving counter haha! Good luck to you all! Huat ahhhh!!!!

Joyoftheworld      ( Date: 26-Feb-2026 14:36) Posted: Yup, sell and buy back lower. luckyboy22      ( Date: 26-Feb-2026 14:22) Posted: I took profit liao and no more playing this stock because it took a long time to make $$! Sayorana liao...haha

 

congratulations 🎉 👏 👏 👏 huat ahhhh

Joyoftheworld      ( Date: 26-Feb-2026 14:36) Posted: Yup, sell and buy back lower. luckyboy22      ( Date: 26-Feb-2026 14:22) Posted: I took profit liao and no more playing this stock because it took a long time to make $$! Sayorana liao...haha

 

Yup, sell and buy back lower.

luckyboy22      ( Date: 26-Feb-2026 14:22) Posted: I took profit liao and no more playing this stock because it took a long time to make $$! Sayorana liao...haha

 

I took profit liao and no more playing this stock because it took a long time to make $$! Sayorana liao...haha

 

squeeze...huat ahhh

PiRPiR      ( Date: 26-Feb-2026 08:57) Posted: ExDiv 5 May 3 cents payable 18 May

 

09:58 PM EST, 02/25/2026 (MT Newswires) -- Seatrium's (SGX:5E2) profit attributable to owners climbed 48% during the second half of 2025 to SG$179.3 million from SG$120.9 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Earnings per share rose to SG$0.0524, compared with SG$0.0353 in the year-ago period. Analysts at Visible Alpha had projected EPS of SG$0.05 for the period.

Revenue for the period was up 17% year over year to SG$6.10 billion from SG$5.22 billion. Analysts at Visible Alpha had projected revenue of SG$5.25 billion.

The company declared a final dividend of SG$0.03 per share for the 12 months ended Dec. 31, 2025, up from SG$0.015 per share a year earlier. The dividend will be paid on May 18.

 

Don' t pare down. Add on. $2.60 coming. 

Tob231      ( Date: 26-Feb-2026 10:18) Posted: Aiyo beloved Andrewtan18, when did I say washed my hands !!!  I prefer you better than Prince Andrew I said pared down ... reduced my stake .... holding free entitlement etc now and then need to adjust portfolio  durian from d24, msw ... red durian