Followthebullet OP : As of now I will not touch this counter. Will have to wait for their earnings this August

Followthebullet OP : My average is around 1.45

Followthebullet OP 103938782 : Potentially slightly bitter but still a good luwak

Followthebullet OP : I think Monday might shoot up higher but also might recorrect itself again. But will observe this counter for very very long time

Followthebullet OP : Seatrium has recently secured multiple significant contracts, totaling S$180 million (around $133.8 million), for repairs and upgrades across various types of vessels. These contracts include major repairs on offshore vessels, naval ships, ferries, LNG carriers, and tankers, with most expected to be completed by the end of 2024. Additionally, Seatrium has landed several high-value deals for offshore refits and retrofits for regular customers like Velesto Energy, Zonda Drilling, and Seadrill BRIEF-Seatrium Secures S$180 Mln in Repairs and Upgrades Projects
Seatrium
Regarding Seatrium's share buyback, the company executed a buyback at an average price of $1.49 per share, which is a positive signal of management's confidence in the company’s prospects. There is anticipation around the pre-earnings report on 2nd August, which could further influence the stock price depending on the financial results disclosed.
The contracts and share buyback demonstrate the company’s robust operational capabilities and commitment to returning value to shareholders, potentially making Seatrium a compelling investment at this time. However, investors should consider broader market conditions and upcoming financial performance before making investment decisions BRIEF-Seatrium Secures S$180 Mln in Repairs and Upgrades Projects
Seatrium

Followthebullet OP BagHolder23 : I think company also need to maintain sufficient capital for these ongoing and potentially large intensive projects. So may not fully utilise buyback budget. Might be strategic factor also. Well, we just have to wait and see how it goes. There’s definitely some risk involved base on their history with investors

Followthebullet OP Green Leaf Froggie : You never know , it might happen