$Seatrium Ltd (5E2.SG)$Yay, congrats Seatrium, it must be delightful that you've been in the headlines for numerous days as the top 1 loser, wonderful isn't it.. I'm in tears of joy for you
_MK_Watcher_
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Basically, the seller is desperate to sell on whatever price, no plan to hold any over the weekend. Technically, this is one of the methods of pushing the price low and lower to emulate a base to consolidate o rebound, it has not reached there yet. Once the buyers come in and outcasts the sellers by scooping the pieces, it will surge within a short span of time. We'll see.
$Seatrium Ltd (5E2.SG)$ Last week's profit announcement from Seatrium Limited was underwhelming for investors, despite headline numbers being robust. We think that the market might be paying attention to some underlying factors that they find to be concerning. To properly understand Seatrium's profit results, we need to consider the S$79m gain attributed to unusual items. While it's always nice to have higher profit, a large contribution from unusual...
Joz
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The Morningstar analyst takes into account the "reversal of provision of SGD 82.4M" but still raised fair value to $2.92. Can read the full Morningstar report. Quite encouraging.
Les Lim : this stupid stocks wiped out the earnings that it generated b4.... f