$Seatrium Ltd(5E2.SI)$
This shows that banks are confident that Seatrium is returning to it's glory day.[Miser] [Miser]
" Seatrium : wholly owned subsidiary has secured a S$1.1 billion syndicated bank guarantee facility to grow its business in the future.
Backed by eight financial institutions including DBS Bank and Standard Chartered Bank, the three-year facility is the first of its kind in the offshore and marine industry in Singapore.
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Comments
I expect to make 50% profits or $22,000 by the end of the year. The $42,000 cash is reserved for buying more Seatrium shares if it crashes 50%
Good