Business Times: Seatrium CEO urges investors to stay the course as company tackles ‘energy trilemma’

Extracts from the article. The CEO comes across as cautious, and I hope he is just under promising to over deliver the results. I don't think the investors have patience to wait till 2028.

[Once Seatrium is profitable, Ong said the company wants to look at diversifying away from bank loans to bonds. The company will also look at doing buybacks in “a more structured way”.]

[Asked when he thought Seatrium will become profitable, Ong said it would be sometime between now and 2028, and that the management was looking to achieve this sooner rather than later.]

(At current prices, institutional investors cannot invest in Seatrium, although Ong said such conversations have taken place. The consolidation will also help the company attract institutional investors who can focus on the stock’s “growth forward rather than the burden of what’s behind”.
Institutional investors have been attracted to the stock, said Ong because “there are not many businesses that can claim to play at the scale and outreach that Seatrium has”.]