Welcome!
Seatrium
Insider moves
Seatrium in maiden share buyback, days after Keppel reduces its stake
Seatrium bought back 1.2 million shares at 12.4 cents each
June 12, 2023
Company in the news
Keppel disposes of 42 mil shares in Seatrium at 12.3 cents apiece
Following the disposal, Keppel’s stake in the company now stands at 38.99%, down from 39.05% previously.
June 08, 2023
Company in the news
Seatrium to be included in the STI; Keppel DC REIT heads for reserve list
Seatrium's market cap is more than $8 bil; Keppel DC REIT's $3.6 billion
June 01, 2023
Offshore & Marine
CPIB launches investigation into Seatrium for alleged corruption in Brazil (update)
The company appointed a former CPF board member as additional director on the same day.
May 31, 2023
Investing ideas
Seatrium impresses with strong order wins, analysts flag possible FY2024 turnaround
Seatrium's potential to grow its order book in the oil and gas and renewables space is exciting, says UOB Kay Hian's Adrian Loh
May 18, 2023
Results
Seatrium reveals net order book of over $20 bil in 1QFY2023 business update
As at end-March 31, Seatrium has a net debt/equity ratio of 0.18 times, compared to 0.26 times as at end-December 2022.
May 12, 2023
Broker's Calls
DBS keeps 'buy' and 14 cents target price on Seatrium ahead of 1QFY2023 earnings
The current order book of $22 billion gives Seatrium revenue visibility for the coming three years
May 08, 2023
Offshore & Marine
Seatrium secures contact for offshore projects worth $500 mil
The platforms, upon their completion, will be operated by Equinor.
May 05, 2023
Company in the news
Could Keppel's structure reorganisation lead to property arm spin-off?
Keppel’s latest reaffirmation of its new strategy has received a thumbs-up from some analysts.
May 05, 2023
Company in the news
SembMarine proposes name change to Seatrium following merger
Over 1,000 names were generated in the process to come up with the new name, says the group.
April 03, 2023