ST Engineering    Last:7.32   -

ST Engg

No.	Date Announced	Date Transacted	Company Name	Name	Relation	Type	Details	Quantity	Price
1	2012-01-18	2012-01-18	SINGAPORE TECH ENGINEERING LTD	Tan Pheng Hock	Director	Buy	Exercise of Share Options/Convertibles	175000	2.29
2	2011-10-17	---	SINGAPORE TECH ENGINEERING LTD	Aberdeen Asset Management Asia Limited	Substantial Shareholder	Sell	Sales in Open Market at Own Discretion	800000	---
3	2011-08-04	2011-08-04	SINGAPORE TECH ENGINEERING LTD	Peter Seah Lim Huat	Director	Buy	Exercise of Share Options/Convertibles	33375	2.84

 

2.75 is our pivot point.

Our preference: the upside prevails as long as 2.75 is support.

Alternative scenario: the downside breakout of 2.75 would call for 2.68 and 2.63.

Comment: the RSI is above 70. It could mean either that the stock is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day MA (respectively at 2.74 and 2.74).

Supports and resistances:
3.03 *
2.99 **
2.94
2.84 last
2.78
2.75 **
2.68 *



Click to view chart in actual size.

 

Think this year will not be as fat as previous year. Still the mgt will give some to the investors. No fish strimps oso can . Hahha. 

stocker6      ( Date: 16-Jan-2012 16:19) Posted: April will be their fat dividend

 

April will be their fat dividend

 

when do they give divident

 

EPS too low for a index stocks...PE high.......too many outstanding shares....only good for dividend.....

 

 

Airshow coming so this laggard may hv some legs to show. Good luck. 

 

Phillip Securities Research on ST Engg 

  http://sg-shares.blogspot.com/2012/01/st-engg.html

 

How?  didnt go up as forecasted. Whats the action plan now? :)

krisluke      ( Date: 06-Dec-2011 18:45) Posted: Our pivot point stands at 2.71. Our preference: our next up target stands at 3.02. Alternative scenario: the downside breakout of 2.71 would call for 2.61 and 2.56. Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the stock is above its 20 and 50 day MA (standing respectively at 2.78 and 2.81). Supports and resistances: 3.08 * 3.02 ** 2.96 2.84 last 2.75 2.71 ** 2.61 *

 

ST Engineering: Land Systems Arm Divests Shares In Subsidiary STAR Automotive Centre (Guangzhou) Co., Ltd..

ST Engineering announced that its land systems arm, ST Kinetics, has sold its entire 100% equity stake in STAR Automotive Centre (Guangzhou) Co., Ltd. for an aggregate consideration of RMB14m, about S$2.7m, to Guangzhou Hua Da Kang Investment Co., Ltd. STAR is involved in the servicing and repair of cars and light goods vehicles in the Guangzhou City area of China. This divestment has no bearing on ST Kinetics' car servicing and accident repair business in Singapore...Attachments:

• NR_STAR_China_GZ_FINAL.pdf

 

Singapore to spend more than $30b on military by 2015, says Jane’s

Singapore, a country of 5.2 million people, is expected to spend $30 billion on its navy, air force and army between 2012 and 2015, reported defense researcher IHS Jane’s, according to Bloomberg.

Total military budget for the island-state is forecast to reach $18 billion by 2015, 26% more than this year, IHS Jane’s said in an e-mailed statement today.

“Underpinned by a strong national economy, defense spending in Singapore is expected to continue a pattern of robust growth in the next three years,” the researcher said.

Singapore, where military service is compulsory for adult male citizens, spends between 4% and 5% of gross domestic product on defense, according to IHS Jane’s. The country’s $287 billion economy is forecast to grow 5% this year and 1% to 3% in 2012, the trade ministry said Nov. 21.

The city-state’s military funding is aimed at building up defenses against terrorist attacks, which it fears may derail its economy. The government is concerned about the threat of attacks by extremist groups based in neighboring Indonesia and pirate attacks in surrounding waters.

 

Our pivot point stands at 2.71.

Our preference: our next up target stands at 3.02.

Alternative scenario: the downside breakout of 2.71 would call for 2.61 and 2.56.

Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the stock is above its 20 and 50 day MA (standing respectively at 2.78 and 2.81).

Supports and resistances:
3.08 *
3.02 **
2.96
2.84 last
2.75
2.71 **
2.61 *

 

Up 9 cents today. Any news coming???? 

krisluke      ( Date: 19-Nov-2011 20:57) Posted: Can start to BUY ST eng ? ??

 

famous for .... .....

 

[error] 2 broken arms, still can walk but can run.

2 broken arms, still can walk but can't run.

krisluke      ( Date: 19-Nov-2011 21:34) Posted: ST eng famous four ARMs core business. air land sea and electronic. 2 broken arms, still can walk but can run. NB: ST MARINE IS ONE OF IT > > > > > Dear readers, PLS don't take it too personal. the above reflect my true and in depth analysis.

 

ST eng famous four ARMs core business.

air land sea and electronic.

2 broken arms, still can walk but can run.

NB: ST MARINE IS ONE OF IT



> > > > > Dear readers, PLS don't take it too personal. the above reflect my true and in depth analysis.

 

Our pivot point stands at 2.75.

Our preference: short term rebound towards 2.98.

Alternative scenario: below 2.75, expect 2.67 and 2.62.

Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day MA (standing respectively at 2.84 and 2.86).

Supports and resistances:
3.03 *
2.98 **
2.94
2.81 last
2.78
2.75 **
2.67 *



Click to view chart in actual size.

 

1

2011-10-17

---

SINGAPORE TECH ENGINEERING LTD

Aberdeen Asset Management Asia Limited

Substantial Shareholder

Sell

Sales in Open Market at Own Discretion

800000

---

 

Can start to BUY ST eng ? ??