Seatrium Outlook Remains Positive

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Seatrium Outlook Remains Positive

Dow Jones11-14

0346 GMT - Seatrium looks on track to turn profitable in 2024 after suffering losses since 2018, Morningstar director Chokwai Lee writes in a note. The shipbuilder's 3Q business update had no major surprises, Lee says. The company's net order book is healthy at S$24.4 billion as of September, with deliveries lasting to 2031, he adds. While there were limited new order wins in 3Q, management sees a healthy pipeline ahead and is working to convert those into orders, Lee says. Management also expects financing costs to continue declining in 2025 as interest rates fall, he notes. Morningstar maintains the stock's fair-value estimate at S$2.66. Shares are last 0.5% lower at S$1.94. (amanda.lee@wsj.com)

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KienBoon
·11-18
Nice fair value of $2.66. Hope it will move towards target with more positive news, etc.
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The shipbuilder's 3Q business update had no major ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\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":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2482714975","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482714975","pubTimestamp":1731549845,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0346 GMT - Seatrium looks on track to turn profitable in 2024 after suffering losses since 2018, Morningstar director Chokwai Lee writes in a note. 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Hope it will move towards target with more positive news, etc.","listText":"Nice fair value of $2.66. Hope it will move towards target with more positive news, etc.","text":"Nice fair value of $2.66. 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(amanda.lee@wsj.com)</p>","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 Outlook Remains Positive</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 Outlook Remains Positive\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-14 10:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>0346 GMT - Seatrium looks on track to turn profitable in 2024 after suffering losses since 2018, Morningstar director Chokwai Lee writes in a note. The shipbuilder's 3Q business update had no major surprises, Lee says. The company's net order book is healthy at S$24.4 billion as of September, with deliveries lasting to 2031, he adds. While there were limited new order wins in 3Q, management sees a healthy pipeline ahead and is working to convert those into orders, Lee says. Management also expects financing costs to continue declining in 2025 as interest rates fall, he notes. Morningstar maintains the stock's fair-value estimate at S$2.66. Shares are last 0.5% lower at S$1.94. (amanda.lee@wsj.com)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"5E2.SI":"海庭"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2482714975","content_text":"0346 GMT - Seatrium looks on track to turn profitable in 2024 after suffering losses since 2018, Morningstar director Chokwai Lee writes in a note. The shipbuilder's 3Q business update had no major surprises, Lee says. The company's net order book is healthy at S$24.4 billion as of September, with deliveries lasting to 2031, he adds. While there were limited new order wins in 3Q, management sees a healthy pipeline ahead and is working to convert those into orders, Lee says. Management also expects financing costs to continue declining in 2025 as interest rates fall, he notes. Morningstar maintains the stock's fair-value estimate at S$2.66. 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