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$Seatrium Ltd (5E2.SG)$ Company seems to make an impressive ...

$Seatrium Ltd(5E2.SG)$ Company seems to make an impressive turnaround from severe loss to profit within 2 quarters, looks like the light at the end of the tunnel is real. If you are still in doubt, you can wait for Friday before deciding whether to buy in since we are not sure whether this profit is EBITDA or inclusive of their debt interest. In either case, the probability of this counter moving higher is high, and if it is the latter, expect Seatrium to fly since shorts will be forced to cover and price will move irrationally UP. The only reason of not buying this counter is because of its massive debt but they have enough cash to cover a couple of years of repayment and if their next report shows they are able to use profit to cover interest, I'd like to think that at today's price which is equivalent to 0.08 before consolidation is a steal. As long as their profit could cover interest repayment and still be in the black, theres no doubt this counter will be the next bull playing catch up since they have 20+ billions worth of projects till at least 2030
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Value investing takes a lot of work but carries you a long way and makes more money than any other strategies
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