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Old 04-10-2015, 11:14 AM   #241
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Is it defensive stock...I read somewhere it's doomed stock.

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Old 04-10-2015, 01:31 PM   #242
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If it's cheap enough, why not? This stock rebounds very quickly whenever hitting a support level. Good for trading.
so can buy at support?
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Old 04-10-2015, 01:32 PM   #243
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If it's cheap enough, why not? This stock rebounds very quickly whenever hitting a support level. Good for trading.
yes and no...

comm outlay also bigger..

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Old 04-10-2015, 01:33 PM   #244
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Is it defensive stock...I read somewhere it's doomed stock.

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well this one would be jian ren jian zhi riao.
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Old 04-10-2015, 02:39 PM   #245
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Well you're 1/2 right... it's a "defense" stock . It manufactures and sells defense systems, so yeah.
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Old 04-10-2015, 02:51 PM   #246
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Well you're 1/2 right... it's a "defense" stock . It manufactures and sells defense systems, so yeah.
hahahaha yess
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Old 04-10-2015, 04:14 PM   #247
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Well you're 1/2 right... it's a "defense" stock . It manufactures and sells defense systems, so yeah.
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Old 23-10-2015, 04:44 PM   #248
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why the great prophet did not predict that the silverlake held in his scb dropped 40%? ($1 to 60 cents)

why is he gloating that others are holding onto ste that have dropped 15% (3.40 to 2.9x)
the great prophet then mentioned sla have a better chance of recovery, ste have slim chance to recover.

today sla is at 0.6x. but ste have already recovered to 3.3x
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Old 23-10-2015, 04:58 PM   #249
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All of them will be right at some point and wrong at other points... same like everyone else.
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Old 29-10-2015, 09:51 AM   #250
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for those who are keen to know whats with the thread (dont pm me thx).

i offered a gentleman's wager with felix

if ST ENG close below 3.17, i win.
if ST ENG close above 3.37, felix win.
in between, no one wins.

value date: 31/12/2015, after market close.

stakes: 1k SGD.
felix 1, keverus 0. although he kena ban
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Old 29-10-2015, 10:07 AM   #251
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felix 1, keverus 0. although he kena ban
Not yet Dec 31.... Still can wait...
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Old 30-10-2015, 12:00 PM   #252
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any idea when to buy in for st eng. they fell to $3.25 ytd.
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Old 06-11-2015, 08:33 AM   #253
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Thumbs up ST Engineering posts 10% earnings growth for 3QFY2015

ST Engineering posts 10% earnings growth for 3QFY2015

http://www.theedgemarkets.com/sg/art...rowth-3qfy2015

SINGAPORE (Nov 6): Singapore Technologies Engineering posted a 10% growth in earnings to $133.3 million for 3QFY2015.

Revenue declined 3% to $1.5 billion for the quarter to September, owing to the revenue declines at its land systems and marine sectors, which were partially offset by revenue growth at its aerospace and electronics segments.

Revenue at the aerospace sector rose 8% to $506 million, driven by higher engines output in its component and engine repair & overhaul business group. This was, however, offset by lower revenue from the aircraft maintenance & modification business group.

Revenue for the electronics sector grew 21% to $429 million as all of its three business groups recorded higher sales mainly due to higher value project milestone completions and increased satellite communication product sales.

Land systems sector reported 11% earnings decline to $319 million, down 11% year-on-year due to lower revenue from Munitions & Weapons business group, while marine sector revenue fell 39% to $205 million due to a weaker performance for its ship building and ship repair activities from both its local and US operations.

The group’s order book stands at $12.2 billion, with about $1.4billion expected to be delivered by year-end.

STE says it continues to face challenges in its aerospace sector’s maintenance, repair and overhaul (MRO) business and its marine sector’s shipbuilding business, where demand remains weak. The group expects revenue for FY2015 to remain stable, while pretax profit will be lower than FY2014 levels.

The group did not declare any dividends for the current financial period.

ST Engineering’s share closed unchanged at $3.30 on Thursday.
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Old 18-11-2015, 09:27 AM   #254
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ocbc



ST Engineering: Upgrade to BUY; recent sell-down overdone
In reaction to the weak 3Q15 results and lower FY15 PBT guidance, STE’s stock price fell nearly 12% from a close of S$3.30 on 5 Nov to an intraday low of S$2.92 on 16 Nov. Note that we have also cut our rating to Hold with a lower fair value of S$3.22 (based on 19x FY16F EPS). However, like in our previous report on 6 Oct when we upgraded our call to Buy when the stock price was around S$3.00 then, we now see value emerging as well; this as the consensus PER has fallen back to below 1 standard deviation below the 3-year average again. Hence on this ground, we again upgrade our call from Hold to BUY. While we are maintaining our fair value unchanged at S$3.22, do note that the company is still committed to paying out at least 90% of its NPAT as dividend, which should work out to a pretty decent yield of 4.4%, giving a total return of 13.9% from here. (Carey Wong)
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Old 18-11-2015, 02:35 PM   #255
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Anyone buying as it drop to 2.89
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