Seatrium's 54x PE was based on UOB KH's assumption of SGD 15...
Seatrium's 54x PE was based on UOB KH's assumption of SGD 158 million in net profit this year. Yet they had a tp of 0.19. With such a high PE, I don't know why so many investors like this stock? Now Seatrium is expecting a big loss, so it will be much worse. This year will be Seatrium's 4th successive year of losses.
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功名利禄 过眼云烟 : if 4th year’s loss Under observation list![cold_face 🥶](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f976.png)
Shootingstar : But they lured many investors with their multi billion orders and even advertised on Singapore strait times. Is it a scam company?
Shootingstar : Was it all meant to scam Singaporeans more then foreigners?
bullrider_21 OP Shootingstar : haha. The most important things are to look at the net profit and PE, not the order book.
Shootingstar bullrider_21 OP : Singapore only got airport and seaport. Really nothing else. It is our foundation for the past 50 years and even before that when it was a village. Yes we all know that it is at a loss also the price justifies this. I am not a speculator doing daily trades. I am an investor perhaps been misled by media and big players like many others.