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$Seatrium (S51.SG)$ Seatrium's 54x PE was based on UOB KH's ...
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
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.