Seatrium
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SembM Re-Born Rich
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Good for trading and specially for speculating, such for this stock, good luck to all.
🤑 🤣 🫲 🚣 ♂ ️ 🚣 ♀ ️ 🚣
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 |
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Good for trading and specially for speculating, such for this stock, good luck to all.
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 |
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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
beng1102 ( Date: 27-Feb-2024 09:27) Posted:
| Report said consolidation is good for investor.  I think it  is trying to brain wash.  How to buy with so much uncertainty |
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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
Yes!!!, kana heavy short down, one time up one time down...:)🤣 🤮 🚣 ♂ ️ 🚣 ♀ ️ 🚣
Sgvale ( Date: 27-Feb-2024 10:56) Posted:
| Follow EZION, EZRA, EMAS, SWIBER AND NAM CHEONG consolidation, then disappeared |
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True for long term no impact, in short term follow the BB, ride the wave...huat ahhh.
teeth1953 ( Date: 27-Feb-2024 11:24) Posted:
SINGAPORE News ? Seatrium?s decision to undertake a share consolidation will not have a fundamental impact on the stock, but will discourage speculative activity on the counter.
This seems to be the view among brokers and analysts after the company announced a 20:1 share consolidation exercise on Feb 26 as it unveiled its full-year earnings for 2023.
eugesun ( Date: 27-Feb-2024 11:05) Posted:
| Ok , wait for entry at 8 leve |
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SINGAPORE News ? Seatrium?s decision to undertake a share consolidation will not have a fundamental impact on the stock, but will discourage speculative activity on the counter.
This seems to be the view among brokers and analysts after the company announced a 20:1 share consolidation exercise on Feb 26 as it unveiled its full-year earnings for 2023.
eugesun ( Date: 27-Feb-2024 11:05) Posted:
Ok , wait for entry at 8 level
TiamTiamHuat ( Date: 27-Feb-2024 10:42) Posted:
Nope, kana heavy short down, one time up one time down, very hard to see where it's going
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Ok , wait for entry at 8 level
TiamTiamHuat ( Date: 27-Feb-2024 10:42) Posted:
Nope, kana heavy short down, one time up one time down, very hard to see where it's going
eugesun ( Date: 27-Feb-2024 10:34) Posted:
| Looks like supporting at 90 level.. |
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Follow EZION, EZRA, EMAS, SWIBER AND NAM CHEONG consolidation, then disappeared
Nope, kana heavy short down, one time up one time down, very hard to see where it's going
eugesun ( Date: 27-Feb-2024 10:34) Posted:
| Looks like supporting at 90 level.. |
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It has no right to trade at this price
84/85 is the sanctuary
Looks like supporting at 90 level..
Sure good la, it's opposite of rights. Rights issue multiple share -> price drop
Consolidate -> price increase
beng1102 ( Date: 27-Feb-2024 09:27) Posted:
Report said consolidation is good for investor.  I think it  is trying to brain wash.  How to buy with so much uncertainty.
Joyoftheworld ( Date: 26-Feb-2024 23:16) Posted:
| See whether can get to buy some at 8 series this week to average down... |
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Report said consolidation is good for investor.  I think it  is trying to brain wash.  How to buy with so much uncertainty.
Joyoftheworld ( Date: 26-Feb-2024 23:16) Posted:
| See whether can get to buy some at 8 series this week to average down... |
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In connection with the Operation Car Wash scandal, Seatrium has made provisions for the S$182.4 million settlement payment, and S$82.4 million " for indemnity to Keppel Corporation in relation to this matter,"
First part take it but why S$82.4m for indemnity to KC ?PiRPiR ( Date: 26-Feb-2024 22:47) Posted:
Operation Car Wash: Seatrium agrees to pay S$182.4 million settlement in Brazil corruption scandal
Settlement agreement 'ensures that we are able to continue to participate in tenders and other bidding projects in Brazil', says chief executive
https://www.upstreamonline.com/finance/operation-car-wash-seatrium-agrees-to-pay-s-182-4-million-settlement-in-brazil-corruption-scandal/2-1-1603351 |
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Good to also see that they managed to report core operating profit in 2H23 after a few difficult years. 
Now the issue is how much some of the covering analysts will cut TP given that most have it pegged to PB (1.4-1.5x and if so, then most would need to cut TPs by quite a fair bit but that wouldnt be accounting for the return to profitability in FY24 and the trajectory ahead. This will involve covering analysts changing their modeling of the stock. 
Joyoftheworld ( Date: 26-Feb-2024 18:04) Posted:
What is a $1.9 billion non cash write-off vs a $500 million postive cashflow and $600 million EBITDA. Nothing. That is creative accounting. All the write-offs will translate to higher operating profit in the future. 
Seems like Seatrium is shifting towards an asset lite model with higher recurring income by signing longer term fleet based servicing contracts
Stocky901 ( Date: 26-Feb-2024 17:38) Posted:
| What is a cash of $500m+ to losses of $1950m+ ??🤨 🤨 |
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See whether can get to buy some at 8 series this week to average down...
Operation Car Wash: Seatrium agrees to pay S$182.4 million settlement in Brazil corruption scandal
Settlement agreement 'ensures that we are able to continue to participate in tenders and other bidding projects in Brazil', says chief executive
https://www.upstreamonline.com/finance/operation-car-wash-seatrium-agrees-to-pay-s-182-4-million-settlement-in-brazil-corruption-scandal/2-1-1603351
going to be interesting ... 
Tomorrow will be another tough day. Shortists go for blood everyday.
HuatAh7898 ( Date: 26-Feb-2024 20:21) Posted:
someone try to absorb the selling today
but these selling should continue for quite a while 
sideline for now
dyodd  |
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