ST Engineering *Official* (SGX: S63)

[Keverus]

Any new chickens reported to your house, bro? What's the rate now?

Can post pictures of your new chicken?

Must be Chio one, OK.

really? here?

 

[Keverus]

dont understand why u keep tio ban when u make good analytical posts.

anyway, results out soon, lets see if good. if good, let's see if market reacts

if bad...

 

[maxinger]

ST Engineering Probability:

Long: 65% in longer terms.
Short:35% in longer terms.

Long target: 3.40 ~ 3.45.
Short target: Confidential.....

Thanks. You know who am I. Haha.

u did not show the bigger picture. weekly chart does not show bullish trend.

based on this small picture,
honestly, it is not very trendy counter;
opening wedge formation with price supported at $3.25.

Personally I wouldn't trade counters which are not moving decisively.

but people can trade , can long, can short as much as they want.

 

[Keverus]

3.18, down 8 cents.

hitting my TP soon!

for those vested in st eng, i feel sorry for you.

here's a song by a pretty girl to cheer everyone up!

 

[Shion]

Did you short ? If yes, how much ?

If no, then ?

 

[ValueInvestor]

3.18, down 8 cents.

hitting my TP soon!

for those vested in st eng, i feel sorry for you.

here's a song by a pretty girl to cheer everyone up!

today's sell off, everything down leh

reits telco banks all down leh LOL

STE is hold for dividends de ba

current yield 4.7% juicy juicy

will wait for friday results and CD status hehehehe

 

[dork32]

for those vested in m1, i feel sorry for you.
for those vested in uob, i feel sorry for you
for those vested in capitamall trust, i feel sorry for you
for those vested in golden agri, i feel sorry for you
for those vested in sti etf, i feel sorry for you.
for those vested in sg unit trust, i feel sorry for you.

 

[ValueInvestor]

for those vested in m1, i feel sorry for you.
for those vested in uob, i feel sorry for you
for those vested in capitamall trust, i feel sorry for you
for those vested in golden agri, i feel sorry for you
for those vested in sti etf, i feel sorry for you.
for those vested in sg unit trust, i feel sorry for you.

bro, this one is STE thread wor

 

[havetheveryfun]

for those vested in m1, i feel sorry for you.
for those vested in uob, i feel sorry for you
for those vested in capitamall trust, i feel sorry for you
for those vested in golden agri, i feel sorry for you
for those vested in sti etf, i feel sorry for you.
for those vested in sg unit trust, i feel sorry for you.

then vested in what then wont feel sorry ????

st engineering since this is st eng thread ?

 

[dork32]

bro, this one is STE thread wor

i am just replying to the guy that feels sorry for ste shareholders. almost every counter, unit trust, etf are in a sorry state.

 

[SCG8866T]

for those vested in m1, i feel sorry for you.
for those vested in uob, i feel sorry for you
for those vested in capitamall trust, i feel sorry for you
for those vested in golden agri, i feel sorry for you
for those vested in sti etf, i feel sorry for you.
for those vested in sg unit trust, i feel sorry for you.

Those vested in fix D and SGS bonds having the last laugh again? Keke

 

[ValueInvestor]

i am just replying to the guy that feels sorry for ste shareholders. almost every counter, unit trust, etf are in a sorry state.

ya, market red red

buy what also die

sobssssssssssss

 

[dork32]

then why does not this guy go to the uob thread and tell the people there he is sorry for them, or the m1 thread, or the silverlake thread or the watever rubbish thread.

the reason is he is just bias against this counter.

 

[dork32]

Those vested in fix D and SGS bonds having the last laugh again? Keke

your pref shares and retail bonds are also doing fine these few days.

 

[ValueInvestor]

3.18, down 8 cents.

hitting my TP soon!

for those vested in st eng, i feel sorry for you.

here's a song by a pretty girl to cheer everyone up!

why u sorry only to STE?

so many counters red, u wanna say sorry to all their shareholders?

LOL

 

[ValueInvestor]

earnings down yet they up dividends from 4cents to 5 cents
kinda weird

Highlight
ST Engineering posts 6% lower 2Q earnings of $123 mil on flat revenue

By PC Lee / theedgemarkets.com | August 14, 2015 : 7:27 AM MYT
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SINGAPORE (Aug 14): ST Engineering, the defence contractor, posted 6% lower 2Q earnings to $125 million, or 4.01 cents per share, from $133.2 million a year ago.

Revenue for the three months to June came in 3% lower at $1.55 billion, of which 64% came from commercial sales.

Against the same period last year, its aerospace department recorded comparable PBT (profit before tax) at $70.6 million. PBT was comparable at $46.6 million due mainly to less favourable sales mix and lower contribution from satellite communication product sales.

PBT for land systems sector was down 11% to $16.3 million due to higher allowance for inventory obsolescence and impairment of goodwill.

Marine sector recorded 20% higher PBT of $29.6 million.

As at end March, order book stood ar $12.4 billion.

The group expects to deliver $2.3 billion of orders in the remaining months of 2015.

For the second quarter, the group announced about $1.34 billion worth of contracts.
Of these, $920 million was from the aerospace sector and $424 million from the electronics sector.

ST Engineering has declared an interim ordinary dividend of 5.0 cents each.

The stock closed 1.9% higher at $3.23 on Thursday.

 

[ValueInvestor]

ST Engineering: 2Q15 results within forecast
STE reported its 2Q15 results this morning, where revenue slipped 2.6% to S$1545.1m, again weighed down by its Shipbuilding operations in both Singapore and the US. Reported net profit slipped 6.1% to S$125.0m; but we estimated that core earnings (excluding forex and other one-off items) fell by a smaller 4.9% to S$135.3m. 1H15 revenue also fell 2.6% to S$3056.5m, meeting 46% of our full-year forecast, while reported net profit was down 5.7% at S$255.0m, meeting 47% of our FY15 forecast. STE declared an interim dividend of S$0.05/share (ex-date: 19 Aug) versus S$0.04 the same period last year. Going forward, STE expects 2H15 revenue and PBT to be higher than 1H15 and FY15 revenue and PBT to be comparable to FY14. We will have more after the analyst briefing later. Maintain HOLD but place our S$3.33 fair value (based on 19x FY15F EPS) under review. (Carey Wong)

 

[Equivocal2011]

earnings down yet they up dividends from 4cents to 5 cents
kinda weird

Highlight
ST Engineering posts 6% lower 2Q earnings of $123 mil on flat revenue

By PC Lee / theedgemarkets.com | August 14, 2015 : 7:27 AM MYT
Share on facebook
Share on twitter
Printer-friendly versionSend by emailPDF version

SINGAPORE (Aug 14): ST Engineering, the defence contractor, posted 6% lower 2Q earnings to $125 million, or 4.01 cents per share, from $133.2 million a year ago.

Revenue for the three months to June came in 3% lower at $1.55 billion, of which 64% came from commercial sales.

Against the same period last year, its aerospace department recorded comparable PBT (profit before tax) at $70.6 million. PBT was comparable at $46.6 million due mainly to less favourable sales mix and lower contribution from satellite communication product sales.

PBT for land systems sector was down 11% to $16.3 million due to higher allowance for inventory obsolescence and impairment of goodwill.

Marine sector recorded 20% higher PBT of $29.6 million.

As at end March, order book stood ar $12.4 billion.

The group expects to deliver $2.3 billion of orders in the remaining months of 2015.

For the second quarter, the group announced about $1.34 billion worth of contracts.
Of these, $920 million was from the aerospace sector and $424 million from the electronics sector.

ST Engineering has declared an interim ordinary dividend of 5.0 cents each.

The stock closed 1.9% higher at $3.23 on Thursday.

Lower earnings can give 5.0 cents dividend???

Did i miss something?

 

[Perisher]

Thought they wanted to lower divvy?

 

[ValueInvestor]

dunno leh, management bluff me

AGM and annual report

they said earnings and dividends will remain same

zzzzzzzzz