Seatrium Shares Plunge 3.36% Following Trading Halt Ahead of Earnings Report

Stock Track07-30

Seatrium Ltd (5E2.SI) saw its shares plummet 3.36% in intraday trading on Wednesday, following the company's request for an immediate trading halt just before the market opened. The offshore and marine engineering firm's stock movement came as investors reacted to the sudden suspension of trading, which the company stated was due to an impending announcement.

The trading halt arrives a day before Seatrium is scheduled to release its first-half financial results on July 31. While the company did not provide specific details about the nature of the forthcoming announcement, the timing suggests it could be related to the upcoming earnings report. Prior to the halt, Seatrium's shares last traded at S$2.38 on Tuesday, reflecting a significant increase from S$0.152 at the end of 2024.

The stock's decline comes amid a broader rally in marine stocks throughout 2024, driven by surging industry demand. Seatrium has been a top performer on the Singapore Exchange, capitalizing on the offshore and marine upcycle. In 2024, the company's share price surged by over 17 times from its 2023 year-end closing price. Additionally, Seatrium secured S$21.3 billion in new contracts in Q1 2025, with projects extending to 2031, highlighting the company's strong market position despite the current stock volatility.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

2

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1130385270?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-30 11:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1130385270","market":"hk","top_or_hot":-1,"title":"Seatrium Shares Plunge 3.36% Following Trading Halt Ahead of Earnings Report","media":"Stock Track","content":"<p>Seatrium Ltd (5E2.SI) saw its shares plummet 3.36% in intraday trading on Wednesday, following the company's request for an immediate trading halt just before the market opened. The offshore and marine engineering firm's stock movement came as investors reacted to the sudden suspension of trading, which the company stated was due to an impending announcement.</p>\n\n<p>The trading halt arrives a day before Seatrium is scheduled to release its first-half financial results on July 31. While the company did not provide specific details about the nature of the forthcoming announcement, the timing suggests it could be related to the upcoming earnings report. Prior to the halt, Seatrium's shares last traded at S$2.38 on Tuesday, reflecting a significant increase from S$0.152 at the end of 2024.</p>\n\n<p>The stock's decline comes amid a broader rally in marine stocks throughout 2024, driven by surging industry demand. Seatrium has been a top performer on the Singapore Exchange, capitalizing on the offshore and marine upcycle. In 2024, the company's share price surged by over 17 times from its 2023 year-end closing price. Additionally, Seatrium secured S$21.3 billion in new contracts in Q1 2025, with projects extending to 2031, highlighting the company's strong market position despite the current stock volatility.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Seatrium Shares Plunge 3.36% Following Trading Halt Ahead of Earnings Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSeatrium Shares Plunge 3.36% Following Trading Halt Ahead of Earnings Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086803395\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock Track </p>\n<p class=\"h-time\">2025-07-30 11:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seatrium Ltd (5E2.SI) saw its shares plummet 3.36% in intraday trading on Wednesday, following the company's request for an immediate trading halt just before the market opened. The offshore and marine engineering firm's stock movement came as investors reacted to the sudden suspension of trading, which the company stated was due to an impending announcement.</p>\n\n<p>The trading halt arrives a day before Seatrium is scheduled to release its first-half financial results on July 31. While the company did not provide specific details about the nature of the forthcoming announcement, the timing suggests it could be related to the upcoming earnings report. Prior to the halt, Seatrium's shares last traded at S$2.38 on Tuesday, reflecting a significant increase from S$0.152 at the end of 2024.</p>\n\n<p>The stock's decline comes amid a broader rally in marine stocks throughout 2024, driven by surging industry demand. Seatrium has been a top performer on the Singapore Exchange, capitalizing on the offshore and marine upcycle. In 2024, the company's share price surged by over 17 times from its 2023 year-end closing price. Additionally, Seatrium secured S$21.3 billion in new contracts in Q1 2025, with projects extending to 2031, highlighting the company's strong market position despite the current stock volatility.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"5E2.SI","symbol_name":"海庭","start_time":0,"source_url":"","article_id":"1130385270","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1130385270","pubTimestamp":1753846819,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Seatrium Ltd (5E2.SI) saw its shares plummet 3.36% in intraday trading on Wednesday, following the company's request for an immediate trading halt just before the market opened. The offshore and...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"5E2.SI":"海庭"},"translate_title":"Seatrium股价在财报发布前停牌后暴跌3.36%","themeId":"dcfcfffaf61ffb9a168b9127ee3f8642","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5E2.SI":1},"content_text":"Seatrium Ltd (5E2.SI) saw its shares plummet 3.36% in intraday trading on Wednesday, following the company's request for an immediate trading halt just before the market opened. The offshore and marine engineering firm's stock movement came as investors reacted to the sudden suspension of trading, which the company stated was due to an impending announcement.\nThe trading halt arrives a day before Seatrium is scheduled to release its first-half financial results on July 31. While the company did not provide specific details about the nature of the forthcoming announcement, the timing suggests it could be related to the upcoming earnings report. Prior to the halt, Seatrium's shares last traded at S$2.38 on Tuesday, reflecting a significant increase from S$0.152 at the end of 2024.\nThe stock's decline comes amid a broader rally in marine stocks throughout 2024, driven by surging industry demand. Seatrium has been a top performer on the Singapore Exchange, capitalizing on the offshore and marine upcycle. In 2024, the company's share price surged by over 17 times from its 2023 year-end closing price. Additionally, Seatrium secured S$21.3 billion in new contracts in Q1 2025, with projects extending to 2031, highlighting the company's strong market position despite the current stock volatility.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1130385270","isCrawlerRequest":true}