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$Seatrium (S51.SG)$ The market shorties and panic sellers r...

The market shorties and panic sellers reacted to the headlines losses..
But STM performance is not that bad. .. Read deep into the reports:
1. The group achieved a positive ebitda of $27 million for the 1HFY2023, higher than the ebitda loss of $19 million in the same period the year before.
2. Revenue stood at $2.89 billion, 163.5% higher than the previous half-year’s revenue of $1.09 billion
3. If the acquisition had taken place on Jan 1, management estimates that the consolidated revenue and loss for the 1HFY2023 would have been $3.52 billion and $622.4 million respectively..
Meaning loss is 130m vs 264m ... Half of what was reported on the headlines
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Be decisive . 见好就收. Always have opportunities to fish again.
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