Feb 15th 2013 - Edison Investment Research today published a report on Seaenergy (SEA.L, LSE:SEA, LON:SEA) entitled "New Direction". In summary, the report says:
SeaEnergy’s strategy of establishing a business to service the needs of the offshore energy industry is well placed to exploit the growth we expect in this market and at the same time deliver a less-volatile earnings profile than the company has experienced in the past. Delivery of a recurring earnings stream could enable the company to close the significant gap that exists between the current share price and our SOTP valuation of 45p/share.
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