They figure that if the case becomes long drawn, Seatrium may have to provide for $20 million in related costs in the current FY2025 ended Dec.
Lim Siew Khee and Meghana Kande were surprised by Maersk's termination of a US$475 million order with Seatrium.
As they await further details on the termination, the analysts expect a knee-jerk reaction to Seatrium's share price.
