$Seatrium Ltd (5E2.SG)$ 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
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
cowpehcowmoo OP : IMO I believe this counter may +50% in 2 months IF Friday result shows their profit could cover interest and still be profitable since confidence is the major stumble block and counter is severely undervalued
105421965 : thank you for analysis![pray 🙏](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f64f.png)
风云再现 cowpehcowmoo : Yes, this is what I've been waiting for. Even if it wasn't as ideal as you said, it has made great progress. With its current stock price, it's almost a steady profit with no compensation.