
good company with great dividend..
everyday, I have to pass by their ST electronic company on my way home, they hired tons of fresh graduates.. and their working time very flexible lei... 8.45 am, still on the way to office.. start at 9am ? anyone working there? can drop me a private message to my inbox?
by the way, solid stock whereby many malaysia mutual funds holding this as their top 5 list at their singapore funds, haha.. serious... everytime saw my mum brochure of their equity fund shareholdings..
anyway, I have a feeling, it will drop below $2.30 after the ex-date.. let's revisit this page next week...
not vested.. but planning to because missed $1.80++ last time..
CORRECTION TO NEWS RELEASE DATED 17 FEB 09
Description : We refer to the Announcement titled "Full Year Audited Financial Statement and Dividend Announcement" on 17 Feb 2009.
We wish to clarify that in one of our News Release attachments "ST ENGINEERING POSTS FULL YEAR 6% REVENUE GROWTH AND $473.6M PROFIT" dated 17 Feb 2009 ("News Release"), there was a typographical error at para 6 of the News Release in which the word "comparable" was inadvertently omitted. Consistent with the guidance provided in the CEO's message and Item 11 - Prospects statement at page 16 of the "Financial Statements For the Year Ended 31 December 2008", para 6 of the News Release should read as :
"Barring unforeseen circumstances, the Group expects to achieve a higher turnover and a comparable PBT in FY2009 compared to that of FY2008."
We attach the correct version of the News Release.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_DD4DBA32E77E562548257561001DC8B9/$file/FY08-Release_Final_18Feb09.pdf?openelement
Description : We refer to the Announcement titled "Full Year Audited Financial Statement and Dividend Announcement" on 17 Feb 2009.
We wish to clarify that in one of our News Release attachments "ST ENGINEERING POSTS FULL YEAR 6% REVENUE GROWTH AND $473.6M PROFIT" dated 17 Feb 2009 ("News Release"), there was a typographical error at para 6 of the News Release in which the word "comparable" was inadvertently omitted. Consistent with the guidance provided in the CEO's message and Item 11 - Prospects statement at page 16 of the "Financial Statements For the Year Ended 31 December 2008", para 6 of the News Release should read as :
"Barring unforeseen circumstances, the Group expects to achieve a higher turnover and a comparable PBT in FY2009 compared to that of FY2008."
We attach the correct version of the News Release.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_DD4DBA32E77E562548257561001DC8B9/$file/FY08-Release_Final_18Feb09.pdf?openelement
Very disappointed with the shortists! Cannot even make this fall below $2.00!
How to make my dream of owning this at $1.80?
Hnmmm when will it goes XD ??
Lai lai lai .... All shortist fall-in
Make my dream of owning this baby at $1.80 come true!
Lai lai lai!
Beware of "PEAK FALLING", I dare not enter without any serious consideration.
freeme ( Date: 17-Feb-2009 17:51) Posted:
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actually result nt bad la.. dw 6%, but still doing well ma.. I tink bb just make use of the earning release to push this dw.
If I see them below $2 or even better below 1.9, I think can grab some liao
ozone2002 ( Date: 17-Feb-2009 17:47) Posted:
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smart money always know things before the retailers do..
Singapore's ST Engineering FY net pft falls 6 pct
SINGAPORE, Feb 17 (Reuters) - Singapore Technologies Engineering (STEG.SI), the world's largest aircraft repair firm, posted a six percent decline in full year net profit, hurt by lower contributions from its aerospace arm.
The company, which is 49 percent owned by state investment firm Temasek Holdings [TEM.UL] and also Singapore's main weapons maker, said full year net profit slipped to S$473.6 million, compared to S$503.5 million a year ago.
Its order book stood at S$10.6 billion at the end of December, up from S$9.54 billion at the end of September.
ST Engineering did not disclose separate earnings for the fourth quarter, which would have been S$102.2 million based on the difference between the firm's nine-month and full-year earnings. (Reporting Harry Suhartono, editing by Kevin Lim)
down 13c...can't beat em join em.. :)
results must be bad..if not why is there large vols (read selling) over the past few days and all of them with down prices..
Loaded at 2.19
ya results out tmr... looking forward to a gd dividend yield! ;)
Waiting to collect cheap cheap.
Shortists .... come on .... lai lai lai .... sell to me cheap!
from 1.26 to 1.18..wonderful :)
more to come..look @ the vol!
woah seh..perfect setup for a quick short come monday..
3QTR earnings increased due to revenue improved in all segments, except marine sector. Co expects to achieve modestly higher revenue in FY 08. AK guesses, above alrdy included the Britain's deal on the combat veh. Also, think that more good yr ahead by more orders fr other parts of the world.
Last ann'd mtg was on 26 Feb 08 with 14.88 cts div approved for FY07.
1H07 2cts interim div, 1H08 was 3sts.
Hd Q 2 .
Thx for your comments Kb. Indeed, as some have mentioned, this is a boring stock but with good potential and divds payout(100% of profit). Got some today and prepare to keep long long. Cheers!
The Straits Times paint a negative picture today. People who dun follow the market tend to sell on this kind of news. Like see Singtel profit warning, yesterday price drop today forget the warning ler.
6billion Market cap stock can withinstand big shock in the market and pay good div. But to x2 or x4 market cap to 24billion stock it will takes many many years to succeed.
How come others chiong like no tomorrow but this one heading south huh? It's 3Q result not bad wut! Hmm...maybe can long abit, any comments? Hehehe!