$Seatrium (S51.SG)$ [Share Link: Seatrium Aims for a Return ...
The slides are quite ok actually but for them to talk about EBITDA touched a raw nerve since Amortization and Depreciation is real and for them with such high debt interest payment will be pretty high too ![]()
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cowpehcowmooOP : In all honesty, the only way to par down debt for a chance to return to profitability would be to do a rights issue after their 20-1 consolidation. I seriously doubt they could return to profit if most if not all their profit goes toward interest payment. This is my purely my personal opinion
Bensonyy : 4% 8% is rare