Samsung Heavy Industries – Premium Sustained, Delivery the Key
​Backlog increases to $33.4B with LNGC wins and offshore projects; solid YoY growth in Q1 FY2025 but diluted EPS conversion; elevated P/E expected...
316 Views
Samsung’s Vietnam Pivot: Small Deal, Big Signal
​SHI signs MoU with PetroVietnam Shipyard to build tankers in Vietnam, diversifying outsourcing model away from China and potentially reshaping...
636 Views
Samsung Heavy (010140) Ends $3.5B Zvezda Deal; Arbitration On, Order Book Unaffected
​SHI terminates $3.54B Russian contracts due to non-performance, pursues arbitration in Singapore to retain advances and seek damages. Minimal...
310 Views
Samsung Heavy Industries (010140.KQ) – Offshore Momentum, LNG Tailwinds Justify Premium
​SHI posts strong Q1 results, reaffirms FY2025 guidance with focus on offshore projects and LNG carrier demand driving earnings growth.
349 Views
Doosan Robotics IPO - Thoughts on Valuation - A Punt at Best, a Crash at Worst
Doosan Robotics (DOOSANROBO KS) is looking to raise up to US$314m in its Korean IPO. comparison. In this note, we talk about valuation.
756 Views