Seatrium's Contract Flows Remain Key Catalyst -- Market Talk

Dow Jones

05/29

0313 GMT - Seatrium's contract flows remain the key catalyst for its shares, but these appear relatively slow in the absence of major sizable projects in the first five months of the year, says DBS Group Research's Pei Hwa Ho in a note. The Singapore offshore and marine company has only secured some repair and upgrade jobs so far this year, she notes. Still, its order outlook remains somewhat bright, thanks to a sizable pipeline worth over 28 billion Singapore dollars for the next 24 months, she says. DBS retains its buy rating and S$3.00 target price. Shares fall 1.8% to S$2.13. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 28, 2026 23:13 ET (03:13 GMT)

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The Singapore offshore and marine company has only secured some repair and upgrade jobs so far this year, she notes. Still, its order outlook remains somewhat bright, thanks to a sizable pipeline worth over 28 billion Singapore dollars for the next 24 months, she says. DBS retains its buy rating and S$3.00 target price. Shares fall 1.8% to S$2.13. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SG9999001135.SGD":"United ASEAN Fund SGD","5E2.SI":"海庭","BK6065":"建筑机械与重型卡车","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD"},"translate_title":"Seatrium的合同流量仍然是关键催化剂——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5E2.SI":1.93},"content_text":"0313 GMT - Seatrium's contract flows remain the key catalyst for its shares, but these appear relatively slow in the absence of major sizable projects in the first five months of the year, says DBS Group Research's Pei Hwa Ho in a note. The Singapore offshore and marine company has only secured some repair and upgrade jobs so far this year, she notes. Still, its order outlook remains somewhat bright, thanks to a sizable pipeline worth over 28 billion Singapore dollars for the next 24 months, she says. 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