James Gustafson
liked
$Seatrium Ltd(5E2.SG$
What I like in the business updates:![]()
The group achieved order wins of over $11 billion for project P-84 and P-85.![]()
2. Project HVDC electrical transmission sys to commence work by June 2024 ( meaning STM will be collecting another big sum of deposit for that stage)![]()
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3. The full & final settlement for the arbitration dropped from US$108 m to US$68m.![]()
4.STM management set aside $100 m for shares buy back programme, this will stabilise the price.![]()
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What I like in the business updates:
The group achieved order wins of over $11 billion for project P-84 and P-85.
2. Project HVDC electrical transmission sys to commence work by June 2024 ( meaning STM will be collecting another big sum of deposit for that stage)
3. The full & final settlement for the arbitration dropped from US$108 m to US$68m.
4.STM management set aside $100 m for shares buy back programme, this will stabilise the price.
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James Gustafson
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