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Old 23-08-2015, 01:39 PM   #196
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even the wonderful keppel corp has dropped 30%
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Old 23-08-2015, 01:40 PM   #197
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the look of it, i rather be holding onto ste than sla. cui until trading kena halted, you can still say good.
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Old 23-08-2015, 01:45 PM   #198
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SLA has much higher potential to gain back what it has lost.

ST Eng? Nope.
market lao sai everything dropped leh

zzzzzzzzzz
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Old 23-08-2015, 03:49 PM   #199
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market lao sai everything dropped leh

zzzzzzzzzz
you are so right. it is not about ste or sla is good or bad. the whole market drop like sheet. definitely both the counters will drop.

also ste is a low beta stock compared to sla. it is quite normal if sla drop more. it is just like sla rose much more during the "good" times.

i just took a few jibes at "noob" comments.
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Old 26-08-2015, 12:25 PM   #200
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● We believe STE's 18% share price decline in the past month is overdone and ignores its resilient military business which represents one-third of sales as well as strong orderbook of S$12.4 bn that should provide significant earnings visibility.

● While we were previously concerned about its China, Brazil and commercial aerospace exposure, we believe this have now been priced in as remaining goodwill in Brazil is S$3 mn, and consensus earnings estimates have been brought down and do not seem to incorporate a turnaround in Aerospace.

● STE has a strong balance sheet, with a net cash position of

S$460 mn as at June 2015. However, we expect potential headwinds for Marine with lower oil prices driving a decline in orders, and for Land Systems with further writedowns in China.

● STE is currently trading at a current P/B of 3.9x, below its 08-09 low of 4.3x. Its 2016E P/E of 15.5x is close to one standard deviation below its historical average. We expect its share price to be supported by its attractive dividend yield of 5.4%. Upgrade to NEUTRAL.
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Old 26-08-2015, 12:48 PM   #201
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dunno leh, i think hoot 2k shares first and see
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Old 26-08-2015, 12:59 PM   #202
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dunno leh, i think hoot 2k shares first and see
good choice

the yield over 5% juicy juicy
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Old 26-08-2015, 01:18 PM   #203
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ya hoot 3k @ 2.89 liao.. long term investments
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Old 26-08-2015, 01:39 PM   #204
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ya hoot 3k @ 2.89 liao.. long term investments
welcome on board STE

gong xi gong xi

HUAT Ah$$$$$$$$$$
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Old 26-08-2015, 01:50 PM   #205
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Small timer nw dont dare to hoot big big to contra le..
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Old 26-08-2015, 02:18 PM   #206
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bought only 1k shares @ 2.76 for long term..
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Old 26-08-2015, 02:42 PM   #207
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Subscribed! Very interesting to get some dividend yield stocks
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Old 26-08-2015, 11:45 PM   #208
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● We believe STE's 18% share price decline in the past month is overdone and ignores its resilient military business which represents one-third of sales as well as strong orderbook of S$12.4 bn that should provide significant earnings visibility.

● While we were previously concerned about its China, Brazil and commercial aerospace exposure, we believe this have now been priced in as remaining goodwill in Brazil is S$3 mn, and consensus earnings estimates have been brought down and do not seem to incorporate a turnaround in Aerospace.

● STE has a strong balance sheet, with a net cash position of

S$460 mn as at June 2015. However, we expect potential headwinds for Marine with lower oil prices driving a decline in orders, and for Land Systems with further writedowns in China.

● STE is currently trading at a current P/B of 3.9x, below its 08-09 low of 4.3x. Its 2016E P/E of 15.5x is close to one standard deviation below its historical average. We expect its share price to be supported by its attractive dividend yield of 5.4%. Upgrade to NEUTRAL.
If you wanna kope writeups, please at least credit where it came from. Looks like the one from CS.
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Old 27-08-2015, 01:10 AM   #209
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● We believe STE's 18% share price decline in the past month is overdone and ignores its resilient military business which represents one-third of sales as well as strong orderbook of S$12.4 bn that should provide significant earnings visibility.

● While we were previously concerned about its China, Brazil and commercial aerospace exposure, we believe this have now been priced in as remaining goodwill in Brazil is S$3 mn, and consensus earnings estimates have been brought down and do not seem to incorporate a turnaround in Aerospace.

STE has a strong balance sheet, with a net cash position of

S$460 mn as at June 2015.
However, we expect potential headwinds for Marine with lower oil prices driving a decline in orders, and for Land Systems with further writedowns in China.

● STE is currently trading at a current P/B of 3.9x, below its 08-09 low of 4.3x. Its 2016E P/E of 15.5x is close to one standard deviation below its historical average. We expect its share price to be supported by its attractive dividend yield of 5.4%. Upgrade to NEUTRAL.
they have no debt right?
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Old 27-08-2015, 04:49 AM   #210
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they have no debt right?
1 billion debt.
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