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Seatrium's EBIT loss and liabilities relative to cash make it a risky investment. Last year's loss of S$1.9b raises concerns about the company's weak balance sheet.
Seatrium (SGX:S51) Is Making Moderate Use Of Debt
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$AEM SGD(AWX.SG$
Phillips securities recommended this trade.
Phillips securities recommended this trade.
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Seatrium Ltd reported net loss for the full year of S$1.94 billion vs. loss S$261 million y/y.
2023 YEAR RESULTS
Net loss S$1.94 billion vs. loss S$261 million y/y, estimate loss S$208.1 million (Bloomberg Consensus) ✅
Revenue S$7.29 billion vs. S$1.95 billion y/y, estimate S$5.62 billion ✅
Operating loss S$1.57 billion vs. loss S$206.4 million y/y, estimate loss S$161.9 million. ❌
Reverse stock split with a 20-to-1 share consolidation to increase the market interest's in the compa...
2023 YEAR RESULTS
Net loss S$1.94 billion vs. loss S$261 million y/y, estimate loss S$208.1 million (Bloomberg Consensus) ✅
Revenue S$7.29 billion vs. S$1.95 billion y/y, estimate S$5.62 billion ✅
Operating loss S$1.57 billion vs. loss S$206.4 million y/y, estimate loss S$161.9 million. ❌
Reverse stock split with a 20-to-1 share consolidation to increase the market interest's in the compa...
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$Seatrium(S51.SG$ For those who are unable to comprehend the Balance Sheet, you can just take a look at their CFO speech as it summarizes most parts of it. Just to highlight some - Cashflow is bad, very high debt at a high interest rate environment. Makes me think of Hyflux and I am not even sure if Temasek will save it if it ever comes to that (their patents are really valueable). I dont think any shipyards in SG is even close to their size and a failure will be disasterous for SG. However thi...
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$Seatrium(S51.SG$ Like to share a story I read with Seatrium Shareholders since this stock is on my watchlist. Let me emphasize that as of today I do not yet have a position in Seatrium though that might change after their result announcement next week. If you give everyone in SG (assuming 6M people) a 1 dollar coin for them to flip, and at end of each day a computer will announce result, and the winner will get all the money from loser, at the end of 10 days, there will be 5800 people who woul...
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$Seatrium(S51.SG$
possible of hitting $0.11 on 26th february ?
possible of hitting $0.11 on 26th february ?
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$Seatrium(S51.SG$ no good news toh... with good news also toh... this is really a f stock.
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$Seatrium(S51.SG$ woohoo! 0.088! What a nice figure for lunar new year. 發發! 🍊🍊
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