$Seatrium Ltd (5E2.SG)$ Saw this interesting article that I ...
$Seatrium Ltd(5E2.SG$ Saw this interesting article that I want to share (Unveiling Three SGX Stocks That Might Be Trading Below Their Estimated Fair Value). Amazing isnt it? Seatrium is one of their Top 5 undervalue stock based on CASHFLOW??? Really cashflow?? or do you mean NAV/EBITDA? After you read that article, check this out too (Is Seatrium (SGX:S51) Using Too Much Debt?). Whats interesting is that in this article, Simply Wall St is the author for both. I dont want to comment much in case of but you make your own judgement on what Simply Wall St is trying to proof. I simply dont believe much in them tbh but its still good to use them as reading material as some of these may have access to insider information which we dont, and we make trading decision based on what we think is facts and our own valuation (if you know how to value a company i.e. please do not just rely on NAV or EBITDA) instead of theirs (just google and you see almost all analysts strongly recommend a strong buy on Seatrium since 12 months or more ago and look at what happened). Nevertheless I am not suggesting the direction this stock is heading but as long as their balance sheet does not reflect ability to par down debt in the next annual report, or any potential white knight rescuing it, the risks do not justify potential returns. Chart wise I dont know as I am totally a chart TA idiot but I strongly recommend a guy called bullrider (sorry I dont know how to tag in moomoo) since imo he has a very good track record and high hit rate
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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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Shootingstar : The more accurate they are the more chance they are affiliated with someone on the inside receiving news of manipulation and doing insider trading
cowpehcowmoo OP Shootingstar : many times what was published may be what the big boys want most of us to perceive/believe even if its not the truth or entirely the truth, but its still good to use them as reading material. i mostly rely on available (my perceived) facts and most importantly balance sheet
Shootingstar cowpehcowmoo OP : I am just sick and tired of giving the value of my shares to the big boys and their new children. Why should I pay for their sex car house and further children?
28282828 : Totally agreed. I mentioned some days ago here the cashflow will be an issue. Do you think they will need to raise cash next year?
cowpehcowmoo OP 28282828 : I do not know how much interest rate they are paying on their 3B debt but you can check out the average business interest rate in current rate environment to have a rough idea (might be higher than usual average due to risk of financing a high debt company) so a large part of their cashflow will go towards financing this. Have to wait for next AR before we can have a better idea. Tell ceo to wake up and stop using ebitda as a measure of company profitability as this is not a good measurement tool for a highly indebted co