Seatrium
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Seatrium sees $384 billion-worth of business opportunities through 2028
oil and gas, repairs and upgrades, offshore wind, and CCS and new energies on Singaporean contractor's radar
"Riding industry tailwinds": Seatrium chief executive Chris Ong.
"Riding industry tailwinds": Seatrium chief executive Chris Ong.Photo: SEATRIUM
Amanda Battersby
Asia Bureau ChiefSingapore
Published 16 March 2024, 00:58
Well played.
piscesmonkey ( Date: 15-Mar-2024 19:39) Posted:
Yes that day bought 90 and today sell at 94. Then bought back again closing 89 😁
newbie1118 ( Date: 15-Mar-2024 19:26) Posted:
| Thanks for sharing. U buy back after taking profit |
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Yes that day bought 90 and today sell at 94. Then bought back again closing 89 😁
newbie1118 ( Date: 15-Mar-2024 19:26) Posted:
Thanks for sharing. U buy back after taking profit?
piscesmonkey ( Date: 15-Mar-2024 17:48) Posted:
| Yes bought 500lots at closing. |
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Thanks for sharing. U buy back after taking profit?
piscesmonkey ( Date: 15-Mar-2024 17:48) Posted:
Yes bought 500lots at closing.
newbie1118 ( Date: 15-Mar-2024 17:15) Posted:
U buying at closing?
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Yesterday' s price and people think it was cheap to accumulate... today cheaper.. wait and see, it may dip some more.. some offloading to come.. 
Battle123 ( Date: 15-Mar-2024 18:08) Posted:
cheap price here today , accumulation mode
dyodd
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Happiness is a very personal matter. Whether I happy or not has nothing to do with you:))))
Eagle88 ( Date: 15-Mar-2024 17:45) Posted:
DM topic is locked. Now you must be very happy liao !!!
Damnshiok ( Date: 15-Mar-2024 16:39) Posted:
| Hope you are holding strongly and don' t be weak holders  |
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cheap price here today , accumulation mode
dyodd
 
Whether I am holding or not got nothing to do with you. Investment is personal matters. Period.
This thread may be locked also if not careful. A waste of all the history and reference.
Damnshiok ( Date: 15-Mar-2024 16:39) Posted:
Hope you are holding strongly and don' t be weak holders 
Eagle88 ( Date: 14-Mar-2024 13:29) Posted:
| Flushing out weak holders before next mov |
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😂 i already said i admit i made a wrong decision to invest in this counter. Will only interested if drop to TH entry price 
Joyoftheworld ( Date: 15-Mar-2024 14:11) Posted:
| ok conclusion, the investor day presentation is a nothing burger. back to the meat grinder of soaking up the free shares. Once Ahbui8 sell his free shares, Sink51 will be all ready to float again. |
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Yes bought 500lots at closing.
newbie1118 ( Date: 15-Mar-2024 17:15) Posted:
U buying at closing?
 
piscesmonkey ( Date: 15-Mar-2024 17:10) Posted:
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DM topic is locked. Now you must be very happy liao !!!
Damnshiok ( Date: 15-Mar-2024 16:39) Posted:
Hope you are holding strongly and don' t be weak holders 
Eagle88 ( Date: 14-Mar-2024 13:29) Posted:
| Flushing out weak holders before next mov |
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U buying at closing?
 
piscesmonkey ( Date: 15-Mar-2024 17:10) Posted:
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JP selling at 89
Hope you are holding strongly and don' t be weak holders 
Eagle88 ( Date: 14-Mar-2024 13:29) Posted:
Flushing out weak holders before next move
wehuattogether88 ( Date: 14-Mar-2024 13:08) Posted:
| Dumping actions again for Seatrium? |
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The share price reaction today reflects market' s take on their story at the Investors' Day. Market consensus for FY25 is already > $1b EBITDA so to say that their target for 2028 is that is pretty weak given all the rosy industry outlook that they are talking about so not sure if there' s a disconnect or miscomms with what they are trying to tell the market but respect Mr. Market.
Joyoftheworld ( Date: 15-Mar-2024 10:40) Posted:
Yup, my reaction too. They are already doing $600mil ETIBDA in 2023. $1bil by 2028 is pretty underwhelming. Looking at the bright side, they quote a low ball so they can easily outperform and claim that they did well. However 1bil by 2028 can means 1bil in 2024.
 
ahbui8 ( Date: 15-Mar-2024 10:31) Posted:
Lol 2028 5yrs from now, target 1B EBITDA only. I admit I make the wrong investment on this counter.
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Rebound may happen any time soon.
Eagle88 ( Date: 15-Mar-2024 15:57) Posted:
| The SP is really oversold now at 890/900. Time to pick up cheap2 again.  |
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The SP is really oversold now at 890/900. Time to pick up cheap2 again. 
No one is indispensable. Now Seatrium is no longer the few Billions dollar company, it is a company with more than 16 BIllions Dollars bookorder company and it can pay well to any competent and qualified people to be on board to lead the team forward to make profits to reward the shareholders accordingly !!!
eugesun ( Date: 15-Mar-2024 14:29) Posted:
Aiyo, time pass people change..who knows if there is new management team coming on board anytime..
ahbui8 ( Date: 15-Mar-2024 14:00) Posted:
| Conservative? lol   you see this management when come to forecast future prospects being so conservative but when come to impairment and write down assets can be so aggressive!!! So this management is too conservative or incompetent? You decide? 😜   |
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Maybe, before the consolidation the price may drive down by BB, just take the chance to load up...today news is not good..
piscesmonkey ( Date: 15-Mar-2024 13:57) Posted:
| Look weak? Breakdown 90. Going test 85? |
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Aiyo, time pass people change..who knows if there is new management team coming on board anytime..
ahbui8 ( Date: 15-Mar-2024 14:00) Posted:
Conservative? lol   you see this management when come to forecast future prospects being so conservative but when come to impairment and write down assets can be so aggressive!!! So this management is too conservative or incompetent? You decide? 😜  
Eagle88 ( Date: 15-Mar-2024 13:44) Posted:
| Seatrium management is being too conservative on the future profits forecast. If you are looking at the value of projects available in the future, talking about 500 Billions (Energy Trilemma alone)  for the next 5 years, dont tell me that it is not going to get at least 5 to 10% as Seatrium is no. 1 or 2 in the market?  |
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