Fistein
10-01

$Seatrium Ltd(5E2.SI)$ $2.16

$2.16 is the target price.

Recent China Bank financial stimulus and middle-east tension definitely push up oil&gas prices.

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Comments

  • Shernice軒嬣 2000
    10-01
    Shernice軒嬣 2000
    The poster appears to suggest that China's stimulus measures could drive inflation, pushing up commodity prices like oil and gas, which would increase demand for rigs. However, rig construction faces challenges such as long lead times and susceptibility to cost overruns due to factors like weather, political instability, and rising material and labor costs. Seatrium faces stiff competition from major players in China, South Korea, and the U.S. The recent integration of former Keppel and former Sembcorp Marine operations is also expected to introduce inefficiencies and higher costs during the transition period. I will avoid this stock.
  • BG68
    10-01
    BG68
    you can say it's hype
    nevertheless demand pulls
  • LeonardKSW
    10-01
    LeonardKSW
    what is the relationship? China and seatrium
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