Seatrium    Last:0.091   -

SembM Re-Born Rich

I Don disagree with you
As said the level now is a trap

vicloo      ( Date: 28-Feb-2024 06:46) Posted: It might drop more only post reverse split... if you buy in b4 split, it might be a trap. Hard to predict lolol. Chansenghoe1971      ( Date: 28-Feb-2024 06:29) Posted: Not anyhow pluck from air unless My glaucoma playing trick or by Alzheimer comes earlier than expected Then I say sorry. Of cos, analysts may attach 20 times or 30 times and then give higher FV if they have hidden agenda. Again, price may shoot up for whatever market players like the tune to be. But for now, until March 11, my views, it has to come to 84/85 at least for me to buy. 😊

 

It might drop more only post reverse split... if you buy in b4 split, it might be a trap. Hard to predict lolol.

Chansenghoe1971      ( Date: 28-Feb-2024 06:29) Posted: Not anyhow pluck from air unless My glaucoma playing trick or by Alzheimer comes earlier than expected Then I say sorry. Of cos, analysts may attach 20 times or 30 times and then give higher FV if they have hidden agenda. Again, price may shoot up for whatever market players like the tune to be. But for now, until March 11, my views, it has to come to 84/85 at least for me to buy. 😊 Chansenghoe1971      ( Date: 28-Feb-2024 06:24) Posted: Ok let me explain: Good. Let s based on $400m NPAT After consolidation, 3.4B ordinary shares 400 m over 3.4B= 0.1176 per share At $1.7 (or my FV of 0.085), PE is 14.5 times forward. Check if my calculation is correct. 14.5 times forward Pe is FV? In fact I had given a premium.

 

Not anyhow pluck from air unless
My glaucoma playing trick or by
Alzheimer comes earlier than expected
Then I say sorry.
Of cos, analysts may attach 20 times or 30 times and then give higher FV if they have hidden agenda.

Again, price may shoot up for whatever market players like the tune to be.
But for now, until March 11, my views, it has to come to 84/85 at least for me to buy. 😊

Chansenghoe1971      ( Date: 28-Feb-2024 06:24) Posted: Ok let me explain: Good. Let s based on $400m NPAT After consolidation, 3.4B ordinary shares 400 m over 3.4B= 0.1176 per share At $1.7 (or my FV of 0.085), PE is 14.5 times forward. Check if my calculation is correct. 14.5 times forward Pe is FV? In fact I had given a premium. Joyoftheworld      ( Date: 27-Feb-2024 23:10) Posted: Why MUST price correct to 84/85. EBITDA is $600 million. With lower depreciation and interest expense going foward, net profit should translate to about $400mil or so.  Any unexpected claims against Keppel O& M will be paid by Keppel corp. And so far, beside Operation car wash, there is no claim against Sembmarine

 

Ok let me explain:

Good. Let s based on $400m NPAT
After consolidation, 3.4B ordinary shares
400 m over 3.4B= 0.1176 per share
At $1.7 (or my FV of 0.085), PE is 14.5 times forward.

Check if my calculation is correct.

14.5 times forward Pe is FV? In fact I had given a premium.

Joyoftheworld      ( Date: 27-Feb-2024 23:10) Posted: Why MUST price correct to 84/85. EBITDA is $600 million. With lower depreciation and interest expense going foward, net profit should translate to about $400mil or so.  Any unexpected claims against Keppel O& M will be paid by Keppel corp. And so far, beside Operation car wash, there is no claim against Sembmarine. Chansenghoe1971      ( Date: 27-Feb-2024 12:40) Posted: Not disagreeing with you But price needs to correct to 84/85 or below and then prove with results to slowly build up the fundamentals. Any profit less than $100m is not significant. Any cash in bank can evaporate after one big bad paymaster of a legal suit. It s gg

 

Petrobras welcomes dozens of bids in quest to charter up to 28 vessels
Brazilian state-controlled oil company looking to contract PSVs and OSRVs, with priority given to domestic suppliers

Brazilian oil giant Petrobras has received numerous commercial proposals in a pair of tenders for the contracting of as many as 28 offshore support vessels to operate in the country.

Petrobras intends to charter up to 21 platform supply vessels (PSVs) and seven oil spill response vessels (OSRVs), and bids submitted in the tenders ....

 

Why MUST price correct to 84/85. EBITDA is $600 million. With lower depreciation and interest expense going foward, net profit should translate to about $400mil or so.  Any unexpected claims against Keppel O& M will be paid by Keppel corp. And so far, beside Operation car wash, there is no claim against Sembmarine.

Chansenghoe1971      ( Date: 27-Feb-2024 12:40) Posted: Not disagreeing with you But price needs to correct to 84/85 or below and then prove with results to slowly build up the fundamentals. Any profit less than $100m is not significant. Any cash in bank can evaporate after one big bad paymaster of a legal suit. It s gg. Wisedom      ( Date: 27-Feb-2024 12:28) Posted: This year onward will be a significant earning turnaround, considering 2023 $500m+ free cash flow. It can double to likely $1 billion free cash flow for 2024 based on order book of $16b +. Free cash flow is considered like cash profit, not real cash loss of $1.9b which caused some unfamiliar investors to sell down Now 2023's FCF of $506m sound like PE ratio of 11.5x given the current price of 9c. With strong cash inflow, Seatrium repaid net $1b borrowing during 2023, this reduced gearing ratio to 0.12x compared to 0.26x in 2022.

 

And when the longer term institutional investors come in with greater stability in share price, it is somewhat self-fulfilling. The new wave of institutional capital can then drive re-rating. All the stock needs now is management to win more projects and deliver on its numbers. Share price will take care of itself with price discovery by market.

PiRPiR      ( Date: 27-Feb-2024 11:50) Posted: Seatrium share consolidation: Good for investors and bad for punters, say brokers https://www.straitstimes.com/business/seatrium-share-consolidation-good-for-investors-and-bad-for-punters-say-brokers

 

Accumulate

 

trading range now
watch to check out that again
dyodd 

 

Don't be envy, just load up more...huat ahhh...once in a life time..

tonytony      ( Date: 27-Feb-2024 14:36) Posted: Multi bagger in the making .Huat all the way eugesun      ( Date: 27-Feb-2024 14:19) Posted: Huat ahh, at least 4x profits...shipping will never go away, timing just right.

 

Everyday also kana short, shorties happy sia

 

Looks positive but pardon to ask how low will it go.

 

this is better than the many guessings ..... 

Wisedom      ( Date: 27-Feb-2024 12:28) Posted: This year onward will be a significant earning turnaround, considering 2023 $500m+ free cash flow. It can double to likely $1 billion free cash flow for 2024 based on order book of $16b +. Free cash flow is considered like cash profit, not real cash loss of $1.9b which caused some unfamiliar investors to sell down Now 2023's FCF of $506m sound like PE ratio of 11.5x given the current price of 9c. With strong cash inflow, Seatrium repaid net $1b borrowing during 2023, this reduced gearing ratio to 0.12x compared to 0.26x in 2022.

 

anytime soon 

 

Multi bagger in the making .Huat all the way

eugesun      ( Date: 27-Feb-2024 14:19) Posted: Huat ahh, at least 4x profits...shipping will never go away, timing just right. Wisedom      ( Date: 27-Feb-2024 12:28) Posted: This year onward will be a significant earning turnaround, considering 2023 $500m+ free cash flow. It can double to likely $1 billion free cash flow for 2024 based on order book of $16b +. Free cash flow is considered like cash profit, not real cash loss of $1.9b which caused some unfamiliar investors to sell down Now 2023's FCF of $506m sound like PE ratio of 11.5x given the current price of 9c. With strong cash inflow, Seatrium repaid net $1b borrowing during 2023, this reduced gearing ratio to 0.12x compared to 0.26x in 2022.

 

Huat ahh, at least 4x profits...shipping will never go away, timing just right.

Wisedom      ( Date: 27-Feb-2024 12:28) Posted: This year onward will be a significant earning turnaround, considering 2023 $500m+ free cash flow. It can double to likely $1 billion free cash flow for 2024 based on order book of $16b +. Free cash flow is considered like cash profit, not real cash loss of $1.9b which caused some unfamiliar investors to sell down Now 2023's FCF of $506m sound like PE ratio of 11.5x given the current price of 9c. With strong cash inflow, Seatrium repaid net $1b borrowing during 2023, this reduced gearing ratio to 0.12x compared to 0.26x in 2022.

 

Not disagreeing with you
But price needs to correct to 84/85 or below and then prove with results to slowly build up the fundamentals.
Any profit less than $100m is not significant.
Any cash in bank can evaporate after one big bad paymaster of a legal suit. It s gg.

Wisedom      ( Date: 27-Feb-2024 12:28) Posted: This year onward will be a significant earning turnaround, considering 2023 $500m+ free cash flow. It can double to likely $1 billion free cash flow for 2024 based on order book of $16b +. Free cash flow is considered like cash profit, not real cash loss of $1.9b which caused some unfamiliar investors to sell down Now 2023's FCF of $506m sound like PE ratio of 11.5x given the current price of 9c. With strong cash inflow, Seatrium repaid net $1b borrowing during 2023, this reduced gearing ratio to 0.12x compared to 0.26x in 2022.

 

This year onward will be a significant earning turnaround, considering 2023 $500m+ free cash flow. It can double to likely $1 billion free cash flow for 2024 based on order book of $16b +. Free cash flow is considered like cash profit, not real cash loss of $1.9b which caused some unfamiliar investors to sell down Now 2023's FCF of $506m sound like PE ratio of 11.5x given the current price of 9c. With strong cash inflow, Seatrium repaid net $1b borrowing during 2023, this reduced gearing ratio to 0.12x compared to 0.26x in 2022.

 

You are here then Setrium must be for you too...lol.. Don't be shy..say you short it...

teeth1953      ( Date: 27-Feb-2024 11:58) Posted: Longkang stocks, (drain stock) .....20-1 happy happy stock...not for me. TiamTiamHuat      ( Date: 27-Feb-2024 10:27) Posted: Sure good la, it's opposite of rights. Rights issue multiple share -> price drop Consolidate -> price increase

 

I expected 5:1 and 20:1 is too vicious.
Those uncles who bought with their cpf money in the heyday all waiting at Hong Lim Park to spit saliva.

Chansenghoe1971      ( Date: 05-Feb-2024 12:47) Posted: Bro It s the unexpected and uncontrollables such as project cancellation that made me sell at 114. Like the trading cod S51, what if it really do a 5 to 1 share consolidation? Tob231      ( Date: 05-Feb-2024 12:44) Posted: The report is objective and address your concerns ... However, the way you present ' a splash and headwind' ... creating fear  Meanwhile, Seatrium will finalize its strategic review by year-end and plans to communicate the outcome during first half of 2024. We expect these will include measures to increase margins, improve cost efficiency, and reap synergy from the merger with Keppel Offshore and Marine. We understand the firm is also considering a share consolidation plan. Regarding the recent negative news flow on offshore wind projects, management believes this will be a near-term hiccup, but the long-term growth prospect remains intact. Given that Seatrium&rsquo s projects are cash flow-neutral and come with milestone payments, the firm is confident that it will not have a significant downside from its current exposure to offshore wind projects.