Latest Forum Topics /
ST Engineering
Last:4.46
-0.09
|
 Post Reply
|
|
ST Engg
|
|||
|
angmohlin
Member |
24-May-2011 13:31
|
||
|
x 0
x 0 Alert Admin |
Targetting at $2.87. Will buy at this level. | ||
| Useful To Me Not Useful To Me | |||
|
uncleti88
Member |
24-May-2011 13:25
|
||
|
x 0
x 0 Alert Admin |
 Downtrend started. Huge sell-off of the " commercials" ... those of you who are punters, be careful of going long now... however those long-term investors prices have breached the oct low of 2010. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
edchai
Senior |
24-May-2011 12:09
|
||
|
x 0
x 0 Alert Admin |
Buy this stock for long term investment as the dividend is consider good and sounds. Mid-term for potential capital gain + dicidend. Just my two cents. |
||
| Useful To Me Not Useful To Me | |||
|
krisluke
Supreme |
24-May-2011 11:39
|
||
|
x 0
x 0 Alert Admin |
Our pivot point is at 3.09. Our preference: the downside prevails as long as 3.09 is resistance. Alternative scenario: the upside breakout of 3.09 would call for 3.15 and3.19. Comment: the RSI is below 30. It could either mean that the stock is in alasting downtrend or just oversold and therefore bound to retrace (look forbullish divergence in this case). The MACD is negative and below its signalline. The configuration is negative. Moreover, the share stands below its 20and 50 day MA (standing respectively at 3.1 and 3.12). Singapore TechnologiesEng is currently trading near its 52 week low at 2.98 reached on 27/05/10. Supports and resistances: 3.15 * 3.09 * 3.063 last * 2.91 * 2.87 * 2.83 TRADING CENTRAL is a commentary service specialising in technical analysis. |
||
| Useful To Me Not Useful To Me | |||
|
SupremeA
Veteran |
24-May-2011 09:05
|
||
|
x 0
x 0 Alert Admin |
Cash is a safer haven.
|
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
krisluke
Supreme |
24-May-2011 00:47
|
||
|
x 0
x 0 Alert Admin |
yes, i agree that steng is a safe haven in the time of turmoil | ||
| Useful To Me Not Useful To Me | |||
|
jamesng
Veteran |
23-May-2011 21:02
|
||
|
x 0
x 0 Alert Admin |
My parents brought a lot at $3 today...better than fixed deposit and some growth too.... | ||
| Useful To Me Not Useful To Me | |||
|
tmchai
Member |
23-May-2011 15:20
|
||
|
x 0
x 0 Alert Admin |
I took some positions @ $2.99. The price looks attactive to me ..... Let's see what happen after this lau sai day. |
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
krisluke
Supreme |
12-May-2011 21:14
|
||
|
x 0
x 0 Alert Admin |
ST Engineering: Reported a firm 1Q11 results which were in-line, with rev +15% YoY to $1,567m, while net income rose 20% YoY to $111m, however on a sequential basis, earnings actually declined by 23%, with 1Q traditionally being a slow qtr for grp. Grp reported pre-tax growth in all 4 divisions except for the Marine sector which was flat YoY (Aerospace +33%, Electronics +15%, Land Systems +12% YoY)….. Gross margins however dipped slightly to 18.8% vs 19.8% YoY. Net earnings for the qtr were assisted in part by change in depreciation policy which led to a 24% YoY decline in depreciation charge. As at end Mar, grp's order book stood at $11.3b, with $3b to be delivered in FY11, underpinning earnings visilibity till 2013, while balance sheet remains strong with a net cash of about $0.6b…. Overall, grp remains confident on prospects, esp. in the Aerospace division given continued airline capacity increases (high jet fuel prices, however, may be a risk). At current price, STE looks to be farily priced at 17x FY11E P/E vs historical average of 19x and a forward div yield of 5.4%. Deutsche maintains Buy with $3.95 TP, DBSV maintains Buy with $3.07 TP, Citi maintains Buy with $3.80 TP, while Kim Eng maintains Neutral with $3.15 TP. |
||
| Useful To Me Not Useful To Me | |||
|
krisluke
Supreme |
12-May-2011 20:57
|
||
|
x 0
x 0 Alert Admin |
below $3.00 is a buy BUT the catch is at $2.9x-$2.8x Let's see liao |
||
| Useful To Me Not Useful To Me | |||
|
krisluke
Supreme |
12-May-2011 20:55
|
||
|
x 0
x 0 Alert Admin |
OCBC cuts ST Engineering to $3.57 keeps buy 
OCBC Investment Research has lowered its target price on Singapore Technologies Engineering (STEG.SI), the world’s largest aircraft maintenance firm, to $3.57 from $3.71 but maintained its buy rating.
OCBC cut its target price on ST Engineering to account for a potential margin squeeze in 2011. ST Engineering said on Wednesday its first quarter net profit rose 20% from a year ago to $111.1 million, but slightly below OCBC’s expectations due to a margin squeeze on the firm’s product mix. Most divisions, except aerospace, registered lower profit margins compared to the year-ago quarter, although overall profit before tax margins were comparable, OCBC said.
ST Engineering has an order book of $11.3 billion with a further $3 billion expected over the next nine months, OCBC said, adding that the management’s expectations of higher revenue and profits before tax in 2011 suggests profitability will pick up in the second half of the year.
At midday, ST Engineering shares were unchanged at $3.08 on a volume of 803,000 shares. The stock has fallen about 10% so far this year.
|
||
| Useful To Me Not Useful To Me | |||
|
krisluke
Supreme |
09-May-2011 21:34
|
||
|
x 0
x 0 Alert Admin |
Very happy to learn that the contract won is of land system not areospace. I've a vision and dream since a kid for st eng... I sincerely wish and hope st eng will buy over sia engg in the near future ahead, says 5 years time  and has advance with high end areospace engine... I means night raid the enemies...
|
||
| Useful To Me Not Useful To Me | |||
|
|
|||
|
krisluke
Supreme |
09-May-2011 21:26
|
||
|
x 0
x 0 Alert Admin |
ST Engineering awarded $68m contract to supply gunnery tactical and driving simulation systems to Mindef ST Engineering says its electronics arm, ST Electronics, has been awarded a $68 million contract to supply the Army Gunnery Tactical & Driving Simulation Systems to the Ministry of Defence (Mindef). The contract was awarded through ST Electronics’ wholly-owned subsidiary, ST Electronics (Training & Simulation Systems). Work on the project starts immediately and the systems are expected to be delivered in 2014. Under the contract, a flexible simulation system will be developed for various armoured vehicles. In order to maximise cost effectiveness, the new Army Gunnery Tactical & Driving Simulation Systems will be designed to accommodate existing components. This will enable users to easily configure the systems with any combination of turrets and vehicles. ST Electronics had previously delivered an Armoured Gunnery & Tactical Simulator to the Singapore Armed Forces in early 2002. Under the new contract, it will also upgrade and develop the existing Armoured Gunnery & Tactical Simulator (AGTS), Infantry Crew Tactical Simulator (ICTS), Armoured Driving Simulator (ADS) and Infantry Driving Simulator (IDS) for MINDEF. |
||
| Useful To Me Not Useful To Me | |||
|
krisluke
Supreme |
09-May-2011 18:49
|
||
|
x 0
x 0 Alert Admin |
SINGAPORE TECH ENGINEERING LTD (Miscellaneous :: St Engineering's Electronics Arm Awarded S$68m Contract To Supply |
||
| Useful To Me Not Useful To Me | |||
|
krisluke
Supreme |
24-Apr-2011 13:32
|
||
|
x 0
x 0 Alert Admin |
ST Engineering's Aerospace Arm Secures about S$320m Worth of Maintenance Contracts in 1Q2011Singapore, 18 April 2011 - ST Engineering's aerospace arm announced new maintenance contracts with a total value of about S$320m in the first quarter of 2011. Ranging from three months to 12 months, these contracts for the Aircraft Maintenance & Modification, Component Total Support and Engine Total Support businesses will be carried out at its facilities in the Americas, Asia Pacific and Europe. The Aircraft Maintenance & Modification (AMM) business scored new airframe contracts involving line maintenance, base maintenance, heavy maintenance, passenger-to-freighter (PTF) conversions and interior refurbishment on various commercial and military aircraft types, including Airbus A300, A320 and A330, Boeing 747, 757, 767, DC9, DC10, MD11, C130 Hercules, F16 Falcon, Fokker 50 and Super Puma. The Component Total Support (CTS) business secured new component contracts, including Maintenance-By-the-Hour (MBHTM), avionics and mechanical component maintenance, aerostructures and landing gear repair and overhaul. The Engine Total Support (ETS) business clinched new engine maintenance contracts, which include on-wing maintenance, off-wing maintenance, technical management and asset management on various engines types, including CFM56, Pratt & Whitney JT8D, F100, F110, Rolls-Royce Allison T56, General Electric J85, F404, Honeywell T53, T55, and Turbomeca Makila. In the first three months of this year, ST Aerospace redelivered 144 aircraft to various customers, for airframe related maintenance and modification work. For PTF conversions alone, it has redelivered a total of five converted freighters in 1Q2011. Additionally, ST Aerospace has serviced 58 engines and 11,971 components for both commercial and military customers. During the quarter, ST Aerospace inducted the first Boeing 757-200 into its Singapore facility for passenger-to-passenger/cargo (combi) (PTC) conversion. This follows the recent contract awarded by Guggenheim Aviation Partners, LLC to perform a PTC conversion for TNT Airways S.A. The aircraft is expected to be redelivered by end 2011. In the same period, work was secured for the new wide-body hangar in San Antonio and it has obtained the business licence for its Guangzhou joint venture. Additionally, ST Aerospace's Panama facility received certification from the Administración Nacional de Aviación Civil (Argentina) for Boeing 737, Airbus A320 and Embraer E190 aircraft types. ST Aerospace's test cell in Xiamen, China was also correlated and it has received approval from the Civil Aviation Administration of China. In the first quarter of 2011, ST Aerospace's brand new Gulfstream G550 made its first revenue flight. The G550 is the newest addition to its private charter fleet, comprising Beechcraft King Air C90, Bombardier Learjet 35, Learjet 45 and Eurocopter EC120. The contracts are not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year. ST Aerospace (Singapore Technologies Aerospace Ltd) is the aerospace arm of ST Engineering. Operating a global MRO network with facilities in the Americas, Asia Pacific and Europe, it is the world's largest aircraft MRO provider with a global customer base that includes leading airlines, airfreight and military operators. ST Aerospace is an integrated service provider that offers a spectrum of maintenance and engineering services that include airframe, engine and component maintenance, repair and overhaul engineering design and technical services and aviation materials and management services, including Total Aviation Support. ST Aerospace has a global staff strength of more than 8,000 engineers and technical specialists. Please visit www.staero.aero. ST Engineering (Singapore Technologies Engineering Ltd) is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors. Headquartered in Singapore, the Group reported revenues of $5.98b in FY2010 and ranks among the largest companies listed on the Singapore Exchange. ST Engineering has more than 20,000 employees worldwide, and over 100 subsidiaries and associated companies in 24 countries and 45 cities. Please visit www.stengg.com. Media Contacts: Sharolyn Choy SVP, Corporate Communications ST Engineering Tel: (65) 6722 1883 Fax: (65) 6720 2293 Email: sharolynchoy@stengg.com Belinda Ng AVP/Head, Corporate Communications ST Aerospace Tel: (65) 6380 6176 Fax: (65) 6280 8213 Email: belindang@stengg.com |
||
| Useful To Me Not Useful To Me | |||
|
krisluke
Supreme |
24-Apr-2011 13:28
|
||
|
x 0
x 0 Alert Admin |
ST Eng is famous for regimental command and millitary connection project, wherelse SIA engrg is famous for relax and entertainment activities, like travel oversea. Both do link on the word " Travel Abroad" . But SIA is more on leisure lifestyle. Watch ST Eng hidden secret... I hear says most of their $ is bind with USD..... |
||
| Useful To Me Not Useful To Me | |||
|
jasmineaw
Member |
24-Apr-2011 13:14
|
||
|
x 0
x 0 Alert Admin |
when one compare this with other index stock, this is a laggard....order book had been very good and most of time, customers pay first..... I hope ST engineering can buy over SIA Engg.... |
||
| Useful To Me Not Useful To Me | |||
|
genting^2
Veteran |
20-Apr-2011 15:28
|
||
|
x 0
x 0 Alert Admin |
In that case it is pretty safe. Wonder if it will plunge after the dividends. | ||
| Useful To Me Not Useful To Me | |||
|
bishan22
Elite |
13-Apr-2011 15:54
|
||
|
x 0
x 0 Alert Admin |
Some interest in buying for dividend. Defensive stock and range bound. 
|
||
| Useful To Me Not Useful To Me | |||
|
genting^2
Veteran |
13-Apr-2011 10:51
|
||
|
x 0
x 0 Alert Admin |
3.23 today. Dividend is coming too. Anyone buying? |
||
| Useful To Me Not Useful To Me | |||