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ST Engineering *Official* (SGX: S63)

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Old 11-08-2015, 10:01 PM   #151
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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
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Old 11-08-2015, 10:08 PM   #152
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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
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Old 11-08-2015, 10:14 PM   #153
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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.
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Old 11-08-2015, 10:14 PM   #154
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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.
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Old 11-08-2015, 10:15 PM   #155
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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
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Old 14-08-2015, 08:21 AM   #156
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earnings down yet they up dividends from 4cents to 5 cents
kinda weird

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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.
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Old 14-08-2015, 09:34 AM   #157
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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)
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Old 14-08-2015, 09:44 AM   #158
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earnings down yet they up dividends from 4cents to 5 cents
kinda weird

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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.
Lower earnings can give 5.0 cents dividend???

Did i miss something?
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Old 14-08-2015, 09:49 AM   #159
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Thought they wanted to lower divvy?
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Old 14-08-2015, 09:53 AM   #160
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dunno leh, management bluff me

AGM and annual report

they said earnings and dividends will remain same

zzzzzzzzz
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Old 14-08-2015, 10:03 AM   #161
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It's actually the same.

ST Eng dividends paid in May and Sept 2014 is $120 and $40 respectively.

ST Eng dividends paid in May and Sept 2015 is $110 and $50 respectively.
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Old 14-08-2015, 10:07 AM   #162
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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)
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Old 14-08-2015, 10:13 AM   #163
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It's actually the same.

ST Eng dividends paid in May and Sept 2014 is $120 and $40 respectively.

ST Eng dividends paid in May and Sept 2015 is $110 and $50 respectively.
depends on how u see it

this 5 cent pay out is for first half of 2015

last year first half was 4 cents


will wait for year end final dividend payout to see the clearer picture haha
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Old 14-08-2015, 12:30 PM   #164
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Thought they wanted to lower divvy?
after this year i think
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Old 14-08-2015, 01:04 PM   #165
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STE management cannot trust one

roti prata gao gao
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