Despite a robust and strong orderwin momentum and also continued share buy backs in the open market, Seatrium's valuations are looking fair at current levels and there is still an outstanding closure on the corruption probe into the "Operation Car Wash" by the Singaporean authorities.
104066712 : Just dont under stand a thing… when stock falls all wana it up… when stock rise … some people will pour cold water on it :)
bullrider_21 OP 104066712 : 40x forward PE is definitely expensive.
I am Cat : The company is experiencing from loss to profit, the PE doesn’t worths well here.
gentle Iguana_2693 bullrider_21 OP : Is not historical PE at play here. Is the potential delta PE, people are betting.
101572862 : TA talks it all.. a good trader should keep the emotions out for making better informed decisions..
104066712 101572862 :
bullrider_21 OP 101572862 : May rise to around 2.15 resistance before reversal.
_MK_Watcher_ : Observed - It needs to build the momentum to leap over the high wall of 205 (the recent high) first before making further comment, which seems like a challenge now. Once it makes a HH, then the uptrend is convincing. But now not yet.
Detached House : Bullrider Bro is genuine to share. He himself like some others here are good traders Lim & Tan, like Philips Securities, I don’t know why so many ppl don’t look UP to them. Their research teams, I think more to entertain the public only, not credible. I don’t think they do plant visits etc, too costly. Just open their mouth to say something they like, which is free of charge