Seatrium Shares Jump More Than 11% Following $11 Billion Order Win from Petrobras

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Seatrium Shares Jump More Than 11% Following $11 Billion Order Win from Petrobras

edge05-27

Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $...

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Comment（4）

KSR
·05-29
I am watching and waiting.
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AlanChong
·05-27
Grab more!😆
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2
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CJCJ
·05-27
How much bribe paid to secured the contract?
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- CJCJ:
  obviously
  05-27
  Reply
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- BK99:
  So easy to bribe again !!!! You think !!!!
  05-27
  Reply
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BK99
·05-27
Go go
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As at 9.25 am, the shares were changing hands at $1.68.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5bf8e55bdc0550b8fbe98109ca953675\" tg-width=\"786\" tg-height=\"844\"/></p><p>The contracts are to build two floating production storage and offloading (FPSO) platforms P84 and P85.</p><p>DBS, in its May 27 note, points out that the contract value is over 30% higher than the last P-83 order worth an estimated $4 billion to $4.2 billion, as new features are added. </p><p>DBS estimates that with this &#34;massive&#34; order win, Seatrium&#39;s order book stands at more than $25 billion, providing a &#34;much-needed&#34; confidence booster for Seatrium whose shares dropped 15% after it was removed from an MSCI index.</p><p>According to DBS, the drop is &#34;unwarranted&#34; given the company&#39;s &#34;intact fundamentals&#34;.</p><p>&#34;We believe these contract win announcements shall mark the bottoming out of the stock and any positive guidance in the upcoming 1QFY20024 business update on May 28 shall lend further support to share price,&#34; says DBS.</p><p>&#34;We maintain our belief on Seatrium’s turnaround,&#34; says DBS, which is keeping its &#34;buy&#34; call and $3 target price, which is based on 1.5x FY2024 book value.</p></body></html>","source":"lsy1608860178883","collect":0,"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 Jump More Than 11% Following $11 Billion Order Win from Petrobras</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; 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}\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 Jump More Than 11% Following $11 Billion Order Win from Petrobras\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-27 11:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras><strong>edge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"5E2.SI":"海庭"},"source_url":"https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120741225","content_text":"Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $1.72, from last Friday's close of $1.54. As at 9.25 am, the shares were changing hands at $1.68.The contracts are to build two floating production storage and offloading (FPSO) platforms P84 and P85.DBS, in its May 27 note, points out that the contract value is over 30% higher than the last P-83 order worth an estimated $4 billion to $4.2 billion, as new features are added. DBS estimates that with this \"massive\" order win, Seatrium's order book stands at more than $25 billion, providing a \"much-needed\" confidence booster for Seatrium whose shares dropped 15% after it was removed from an MSCI index.According to DBS, the drop is \"unwarranted\" given the company's \"intact fundamentals\".\"We believe these contract win announcements shall mark the bottoming out of the stock and any positive guidance in the upcoming 1QFY20024 business update on May 28 shall lend further support to share price,\" says DBS.\"We maintain our belief on Seatrium’s turnaround,\" says DBS, which is keeping its \"buy\" call and $3 target price, which is based on 1.5x FY2024 book value.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":310389484474552,"gmtCreate":1716788029575,"gmtModify":1716788033336,"author":{"id":"4125148185432112","authorId":"4125148185432112","name":"AlanChong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0,"idStr":"4125148185432112","authorIdStr":"4125148185432112"},"htmlText":"Grab more!😆","listText":"Grab more!😆","text":"Grab more!😆","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310389484474552","repostId":1120741225,"repostType":4,"repost":{"id":"1120741225","kind":"news","pubTimestamp":1716780904,"share":"https://ttm.financial/m/news/1120741225?lang=&edition=fundamental","pubTime":"2024-05-27 11:35","market":"sg","language":"en","title":"Seatrium Shares Jump More Than 11% Following $11 Billion Order Win from Petrobras","url":"https://stock-news.laohu8.com/highlight/detail?id=1120741225","media":"edge","summary":"Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $1.7","content":"<html><head></head><body><p>Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.</p><p>Seatrium shares surged by as much as more than 11% to $1.72, from last Friday&#39;s close of $1.54. As at 9.25 am, the shares were changing hands at $1.68.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5bf8e55bdc0550b8fbe98109ca953675\" tg-width=\"786\" tg-height=\"844\"/></p><p>The contracts are to build two floating production storage and offloading (FPSO) platforms P84 and P85.</p><p>DBS, in its May 27 note, points out that the contract value is over 30% higher than the last P-83 order worth an estimated $4 billion to $4.2 billion, as new features are added. </p><p>DBS estimates that with this &#34;massive&#34; order win, Seatrium&#39;s order book stands at more than $25 billion, providing a &#34;much-needed&#34; confidence booster for Seatrium whose shares dropped 15% after it was removed from an MSCI index.</p><p>According to DBS, the drop is &#34;unwarranted&#34; given the company&#39;s &#34;intact fundamentals&#34;.</p><p>&#34;We believe these contract win announcements shall mark the bottoming out of the stock and any positive guidance in the upcoming 1QFY20024 business update on May 28 shall lend further support to share price,&#34; says DBS.</p><p>&#34;We maintain our belief on Seatrium’s turnaround,&#34; says DBS, which is keeping its &#34;buy&#34; call and $3 target price, which is based on 1.5x FY2024 book value.</p></body></html>","source":"lsy1608860178883","collect":0,"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 Jump More Than 11% Following $11 Billion Order Win from Petrobras</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; 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}\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 Jump More Than 11% Following $11 Billion Order Win from Petrobras\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-27 11:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras><strong>edge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"5E2.SI":"海庭"},"source_url":"https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120741225","content_text":"Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $1.72, from last Friday's close of $1.54. As at 9.25 am, the shares were changing hands at $1.68.The contracts are to build two floating production storage and offloading (FPSO) platforms P84 and P85.DBS, in its May 27 note, points out that the contract value is over 30% higher than the last P-83 order worth an estimated $4 billion to $4.2 billion, as new features are added. DBS estimates that with this \"massive\" order win, Seatrium's order book stands at more than $25 billion, providing a \"much-needed\" confidence booster for Seatrium whose shares dropped 15% after it was removed from an MSCI index.According to DBS, the drop is \"unwarranted\" given the company's \"intact fundamentals\".\"We believe these contract win announcements shall mark the bottoming out of the stock and any positive guidance in the upcoming 1QFY20024 business update on May 28 shall lend further support to share price,\" says DBS.\"We maintain our belief on Seatrium’s turnaround,\" says DBS, which is keeping its \"buy\" call and $3 target price, which is based on 1.5x FY2024 book value.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":310376578912264,"gmtCreate":1716784954947,"gmtModify":1716784958533,"author":{"id":"3574246316850964","authorId":"3574246316850964","name":"CJCJ","avatar":"https://community-static.tradeup.com/news/853f7d715b68077c0076ba00cb833571","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":1,"idStr":"3574246316850964","authorIdStr":"3574246316850964"},"htmlText":"How much bribe paid to secured the contract?","listText":"How much bribe paid to secured the contract?","text":"How much bribe paid to secured the contract?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/310376578912264","repostId":1120741225,"repostType":2,"repost":{"id":"1120741225","kind":"news","pubTimestamp":1716780904,"share":"https://ttm.financial/m/news/1120741225?lang=&edition=fundamental","pubTime":"2024-05-27 11:35","market":"sg","language":"en","title":"Seatrium Shares Jump More Than 11% Following $11 Billion Order Win from Petrobras","url":"https://stock-news.laohu8.com/highlight/detail?id=1120741225","media":"edge","summary":"Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $1.7","content":"<html><head></head><body><p>Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.</p><p>Seatrium shares surged by as much as more than 11% to $1.72, from last Friday&#39;s close of $1.54. As at 9.25 am, the shares were changing hands at $1.68.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5bf8e55bdc0550b8fbe98109ca953675\" tg-width=\"786\" tg-height=\"844\"/></p><p>The contracts are to build two floating production storage and offloading (FPSO) platforms P84 and P85.</p><p>DBS, in its May 27 note, points out that the contract value is over 30% higher than the last P-83 order worth an estimated $4 billion to $4.2 billion, as new features are added. </p><p>DBS estimates that with this &#34;massive&#34; order win, Seatrium&#39;s order book stands at more than $25 billion, providing a &#34;much-needed&#34; confidence booster for Seatrium whose shares dropped 15% after it was removed from an MSCI index.</p><p>According to DBS, the drop is &#34;unwarranted&#34; given the company&#39;s &#34;intact fundamentals&#34;.</p><p>&#34;We believe these contract win announcements shall mark the bottoming out of the stock and any positive guidance in the upcoming 1QFY20024 business update on May 28 shall lend further support to share price,&#34; says DBS.</p><p>&#34;We maintain our belief on Seatrium’s turnaround,&#34; says DBS, which is keeping its &#34;buy&#34; call and $3 target price, which is based on 1.5x FY2024 book value.</p></body></html>","source":"lsy1608860178883","collect":0,"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 Jump More Than 11% Following $11 Billion Order Win from Petrobras</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 Jump More Than 11% Following $11 Billion Order Win from Petrobras\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-27 11:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras><strong>edge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"5E2.SI":"海庭"},"source_url":"https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120741225","content_text":"Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $1.72, from last Friday's close of $1.54. As at 9.25 am, the shares were changing hands at $1.68.The contracts are to build two floating production storage and offloading (FPSO) platforms P84 and P85.DBS, in its May 27 note, points out that the contract value is over 30% higher than the last P-83 order worth an estimated $4 billion to $4.2 billion, as new features are added. DBS estimates that with this \"massive\" order win, Seatrium's order book stands at more than $25 billion, providing a \"much-needed\" confidence booster for Seatrium whose shares dropped 15% after it was removed from an MSCI index.According to DBS, the drop is \"unwarranted\" given the company's \"intact fundamentals\".\"We believe these contract win announcements shall mark the bottoming out of the stock and any positive guidance in the upcoming 1QFY20024 business update on May 28 shall lend further support to share price,\" says DBS.\"We maintain our belief on Seatrium’s turnaround,\" says DBS, which is keeping its \"buy\" call and $3 target price, which is based on 1.5x FY2024 book value.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":310394194227400,"gmtCreate":1716789295068,"gmtModify":1716791814209,"authorId":3574246316850964,"author":{"id":3574246316850964,"idStr":"3574246316850964","authorId":3574246316850964,"name":"CJCJ","avatar":"https://community-static.tradeup.com/news/853f7d715b68077c0076ba00cb833571","vip":1,"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":310376578912264,"type":1,"supId":310388876234760,"prevId":0,"content":"obviously","text":"obviously","html":"obviously"},{"id":310388876234760,"gmtCreate":1716787957229,"gmtModify":1716787962300,"authorId":3582154836923956,"author":{"id":3582154836923956,"idStr":"3582154836923956","authorId":3582154836923956,"name":"BK99","avatar":"https://community-static.tradeup.com/news/135c1133415675c1298dfbb871606910","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":310376578912264,"type":1,"supId":0,"prevId":0,"content":"So easy to bribe again !!!! You think !!!!","text":"So easy to bribe again !!!! You think !!!!","html":"So easy to bribe again !!!! You think !!!!"}],"langContent":"EN"},{"id":310367878979608,"gmtCreate":1716782838761,"gmtModify":1716782842176,"author":{"id":"3582154836923956","authorId":"3582154836923956","name":"BK99","avatar":"https://community-static.tradeup.com/news/135c1133415675c1298dfbb871606910","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3582154836923956","authorIdStr":"3582154836923956"},"htmlText":"Go go&nbsp;","listText":"Go go&nbsp;","text":"Go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/310367878979608","repostId":1120741225,"repostType":2,"repost":{"id":"1120741225","kind":"news","pubTimestamp":1716780904,"share":"https://ttm.financial/m/news/1120741225?lang=&edition=fundamental","pubTime":"2024-05-27 11:35","market":"sg","language":"en","title":"Seatrium Shares Jump More Than 11% Following $11 Billion Order Win from Petrobras","url":"https://stock-news.laohu8.com/highlight/detail?id=1120741225","media":"edge","summary":"Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $1.7","content":"<html><head></head><body><p>Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.</p><p>Seatrium shares surged by as much as more than 11% to $1.72, from last Friday&#39;s close of $1.54. As at 9.25 am, the shares were changing hands at $1.68.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5bf8e55bdc0550b8fbe98109ca953675\" tg-width=\"786\" tg-height=\"844\"/></p><p>The contracts are to build two floating production storage and offloading (FPSO) platforms P84 and P85.</p><p>DBS, in its May 27 note, points out that the contract value is over 30% higher than the last P-83 order worth an estimated $4 billion to $4.2 billion, as new features are added. </p><p>DBS estimates that with this &#34;massive&#34; order win, Seatrium&#39;s order book stands at more than $25 billion, providing a &#34;much-needed&#34; confidence booster for Seatrium whose shares dropped 15% after it was removed from an MSCI index.</p><p>According to DBS, the drop is &#34;unwarranted&#34; given the company&#39;s &#34;intact fundamentals&#34;.</p><p>&#34;We believe these contract win announcements shall mark the bottoming out of the stock and any positive guidance in the upcoming 1QFY20024 business update on May 28 shall lend further support to share price,&#34; says DBS.</p><p>&#34;We maintain our belief on Seatrium’s turnaround,&#34; says DBS, which is keeping its &#34;buy&#34; call and $3 target price, which is based on 1.5x FY2024 book value.</p></body></html>","source":"lsy1608860178883","collect":0,"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 Jump More Than 11% Following $11 Billion Order Win from Petrobras</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 Jump More Than 11% Following $11 Billion Order Win from Petrobras\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-27 11:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras><strong>edge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"5E2.SI":"海庭"},"source_url":"https://www.theedgesingapore.com/news/contracts/seatrium-shares-jump-more-10-following-11-billion-order-win-petrobras","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120741225","content_text":"Seatrium shares are surging following its announcement on Saturday that it has won $11 billion in new orders from longtime customer Petrobras.Seatrium shares surged by as much as more than 11% to $1.72, from last Friday's close of $1.54. As at 9.25 am, the shares were changing hands at $1.68.The contracts are to build two floating production storage and offloading (FPSO) platforms P84 and P85.DBS, in its May 27 note, points out that the contract value is over 30% higher than the last P-83 order worth an estimated $4 billion to $4.2 billion, as new features are added. DBS estimates that with this \"massive\" order win, Seatrium's order book stands at more than $25 billion, providing a \"much-needed\" confidence booster for Seatrium whose shares dropped 15% after it was removed from an MSCI index.According to DBS, the drop is \"unwarranted\" given the company's \"intact fundamentals\".\"We believe these contract win announcements shall mark the bottoming out of the stock and any positive guidance in the upcoming 1QFY20024 business update on May 28 shall lend further support to share price,\" says DBS.\"We maintain our belief on Seatrium’s turnaround,\" says DBS, which is keeping its \"buy\" call and $3 target price, which is based on 1.5x FY2024 book value.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":11,"commentSize":4,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}