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$Seatrium Ltd (5E2.SG)$ waiting to declare bankruptcy..

$Seatrium Ltd(5E2.SG)$ waiting to declare bankruptcy..
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  • cowpehcowmoo : They wouldnt bankrupt in the short term, in fact I believe their next annual report (note its annual not quarterly or half year) should be satisfactory (which is expected due to massive writedowns in the last one). They will focus on EBITDA but shareholders must look beyond that and focus on their debt management (due to massive debt), interest repayment, profit margin vs operating, in short overall cashflow. Dont be fooled by EBITDA

  • 108 Bear : If this stock can buy now, shits also can eat already.

  • 103132300- Luv2short OP 108 Bear : this stock can short  Shorting is a good option to play foe those counters beyond hope. I usually short it instead.

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