Seatrium Limited’s Strong Order Book and Margin Improvement Justify Buy Rating
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 22 2025
0mins
Should l Buy ?
Source: Business Insider
Analyst Rating and Price Target: Wall Street analyst Lim Siew Khee from CGS-CIMB has reiterated a Buy rating for Seatrium Limited (SMBMF) with a price target of S$2.90, citing a strong order book valued at approximately S$25 billion and improving gross margins as key factors.
Growth Opportunities and Risks: The company is expected to benefit from potential contract awards and an overall positive outlook, despite some risks related to project costs and order cancellations.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
