Current price is more than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The company along with consortium partner, Posh India Offshore, has received a contract from Larsen & Toubro (L&T) for diving and other associated work.

Seamec consortium bags $101 mln L&T order

Seamec and its consortium partner, Posh India Offshore has entered into an deal with Larsen & Toubro for diving related and other associated work through deployment of its vessel, Seamec Princess, for ONGC work of Pipeline Replacement project VII.

Seamec, Posh India Offshore sign contract with Larsen & Toubro to deploy Seamec Princess

The drydocking will commence around 31 December 2021 and the period would be 25 days approx.

SEAMEC update on drydocking of vessel ‘SEAMEC Gallant’

The drydocking will commence around 31st December 2021 and the period would be 25 days approx.

SEAMEC’s vessel ‘SEAMEC Gallant’ is schedule for statutory drydocking; Stock jumps 4.5%

The rating centrally factors in the established market presence of the company.

CRISIL assigns SEAMEC’s bank debt rating at ‘A’, places rating on ‘watch developing’

The tenure of the contract is for a firm period of 21 days with the option for extension.

Seamec stock nosedives by 5% after vessel ‘Seamec Princess’ gets contracted for $1.46M

The tenure of the contract is for a firm period of 21 days with option for extension.

SEAMEC update on deployment of ‘SEAMEC Princess’

SEAMEC consolidated net profit rises 65.87% in the September 2021 quarter

Outcome of board meeting of SEAMEC

HAL is the unlisted and Holding Company of SEAMEC Limited.

Seamec board to consider restructuring with HAL Offshore on Nov 2; Stock soars 1%

The board of Seamec planned to meet on Tuesday, 2 November 2021, to discuss regarding the proposal for a merger/ demerger/ reverse merger/ amalgamation/ restructuring arrangement in a bid to synergize resources with HAL Offshore (HAL).

Seamec plans to restructure biz. with unlisted holding company, HAL Offshore

SEAMEC Limited is providing diving support vessel (DSV)-based diving services. The Company operates multi support vessels for providing support services, including marine, construction and diving services to offshore oilfields.

Seamec Ltd

Seamec Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Seamec consortium bags $101 mln L&T order

Seamec, Posh India Offshore sign contract with Larsen & Toubro to deploy Seamec Princess

SEAMEC update on drydocking of vessel ‘SEAMEC Gallant’

SEAMEC’s vessel ‘SEAMEC Gallant’ is schedule for statutory drydocking; Stock jumps 4.5%

CRISIL assigns SEAMEC’s bank debt rating at ‘A’, places rating on ‘watch developing’

Seamec stock nosedives by 5% after vessel ‘Seamec Princess’ gets contracted for $1.46M

SEAMEC update on deployment of ‘SEAMEC Princess’

Seamec Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Seamec consortium bags $101 mln L&T order

Seamec, Posh India Offshore sign contract with Larsen & Toubro to deploy Seamec Princess

SEAMEC update on drydocking of vessel ‘SEAMEC Gallant’

SEAMEC’s vessel ‘SEAMEC Gallant’ is schedule for statutory drydocking; Stock jumps 4.5%

CRISIL assigns SEAMEC’s bank debt rating at ‘A’, places rating on ‘watch developing’

Seamec stock nosedives by 5% after vessel ‘Seamec Princess’ gets contracted for $1.46M

SEAMEC update on deployment of ‘SEAMEC Princess’

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock