Seatrium's Shares Could See 2H Boost on Improving Order Book

Dow Jones

Jul 16

0633 GMT - Seatrium's stock could see a boost in 2H as its order book expands, say Macquarie Capital analysts in a note. The Singapore offshore and marine company's contracting activity was low in 1H, but the order flow is likely to pick up in 2H and drive gains in the stock, they say. The analysts note the company is confident of sustaining its gross profit margin expansion, which could reach 9.0% in 1H, above Macquarie's estimate. They see an attractive risk-reward profile for the stock at its current levels around 1.94 Singapore dollars, which implies around 0.95X its price-to-book ratio. Macquarie retains its neutral rating and S$2.58 target price. Shares are down 1.0% at S$1.99. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

July 16, 2026 02:33 ET (06:33 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2651419980"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2651419980\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2651419980?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-07-16 14:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2651419980","market":"sg","top_or_hot":-1,"title":"Seatrium's Shares Could See 2H Boost on Improving Order Book","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0633 GMT - <a href=\"https://laohu8.com/S/5E2.SI\">Seatrium</a>'s stock could see a boost in 2H as its order book expands, say <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Capital analysts in a note. The Singapore offshore and marine company's contracting activity was low in 1H, but the order flow is likely to pick up in 2H and drive gains in the stock, they say. The analysts note the company is confident of sustaining its gross profit margin expansion, which could reach 9.0% in 1H, above Macquarie's estimate. They see an attractive risk-reward profile for the stock at its current levels around 1.94 Singapore dollars, which implies around 0.95X its price-to-book ratio. Macquarie retains its neutral rating and S$2.58 target price. Shares are down 1.0% at S$1.99. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2026 02:33 ET (06:33 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"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's Shares Could See 2H Boost on Improving Order Book</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's Shares Could See 2H Boost on Improving Order Book\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\">2026-07-16 14:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0633 GMT - <a href=\"https://laohu8.com/S/5E2.SI\">Seatrium</a>'s stock could see a boost in 2H as its order book expands, say <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Capital analysts in a note. The Singapore offshore and marine company's contracting activity was low in 1H, but the order flow is likely to pick up in 2H and drive gains in the stock, they say. The analysts note the company is confident of sustaining its gross profit margin expansion, which could reach 9.0% in 1H, above Macquarie's estimate. They see an attractive risk-reward profile for the stock at its current levels around 1.94 Singapore dollars, which implies around 0.95X its price-to-book ratio. Macquarie retains its neutral rating and S$2.58 target price. Shares are down 1.0% at S$1.99. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2026 02:33 ET (06:33 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6065","symbol_name":"建筑机械与重型卡车","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2651419980","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2651419980","pubTimestamp":1784183580,"columns":[],"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":"0633 GMT - Seatrium's stock could see a boost in 2H as its order book expands, say Macquarie Capital analysts in a note. The Singapore offshore and marine company's contracting activity was low in 1H, but the order flow is likely to pick up in 2H and drive gains in the stock, they say. The analysts note the company is confident of sustaining its gross profit margin expansion, which could reach 9.0% in 1H, above Macquarie's estimate. They see an attractive risk-reward profile for the stock at its current levels around 1.94 Singapore dollars, which implies around 0.95X its price-to-book ratio. Macquarie retains its neutral rating and S$2.58 target price. Shares are down 1.0% at S$1.99.  Dow Jones NewswiresJuly 16, 2026 02:33 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6065":"建筑机械与重型卡车","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","5E2.SI":"海庭"},"translate_title":"由于订单量改善，Seatrium 的股价可能会在下半年上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5E2.SI":1.96},"content_text":"0633 GMT - Seatrium's stock could see a boost in 2H as its order book expands, say Macquarie Capital analysts in a note. The Singapore offshore and marine company's contracting activity was low in 1H, but the order flow is likely to pick up in 2H and drive gains in the stock, they say. The analysts note the company is confident of sustaining its gross profit margin expansion, which could reach 9.0% in 1H, above Macquarie's estimate. They see an attractive risk-reward profile for the stock at its current levels around 1.94 Singapore dollars, which implies around 0.95X its price-to-book ratio. Macquarie retains its neutral rating and S$2.58 target price. Shares are down 1.0% at S$1.99. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 16, 2026 02:33 ET (06:33 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}