$Seatrium Ltd (5E2.SG)$ heard abit of concern regarding Seat...
$Seatrium Ltd (5E2.SG)$ heard abit of concern regarding Seatrium debt. It is perfectly healthy for a company to have debts just look at Tesla for example which almost declared bankruptcy at one time. Even today their debt is no small amount but their business must thrive.
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102454616 : Please don’t match a self made entrepreneur with a bunch of jlb parachute high flyers. You are compare general ng yat Chung with Elon musk.
102454616 : Elon musk is once Tesla collapse he is a goner for good. These high flyers still can go other glc and make good living
Shootingstar OP : Blocked the guy commenting think he is taking weed or something
ekimccc : Just be cautious
We Think Seatrium (SGX:5E2) Has A Fair Chunk Of Debt
Shootingstar OP ekimccc : Last time they said bankrupt, delist, temasek abandon, Brazil case will shut them down, more rights issue. Now profitable mas and media still want to ji siao siao. Debt is ok like I mentioned earlier all good business have debt one. Dbs and many banks have lent Seatrium money. If it is worthless would they lend?