0346 GMT - Seatrium looks on track to turn profitable in 2024 after suffering losses since 2018, Morningstar director Chokwai Lee writes in a note. The shipbuilder's 3Q business update had no major surprises, Lee says. The company's net order book is healthy at S$24.4 billion as of September, with deliveries lasting to 2031, he adds. While there were limited new order wins in 3Q, management sees a healthy pipeline ahead and is working to convert those into orders, Lee says. Management also expects financing costs to continue declining in 2025 as interest rates fall, he notes. Morningstar maintains the stock's fair-value estimate at S$2.66. Shares are last 0.5% lower at S$1.94. (amanda.lee@wsj.com)
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。