ST Engineering *Official* (SGX: S63)

[Layers]

anyone think STE will go back to 3.60 - 3.80 range in the future?

 

[Jazzbie]

anyone think STE will go back to 3.60 - 3.80 range in the future?

STE performance seems strongly correlated to Singapore's overall economy. $3.60 will be possible if good times return, e.g. GDP growth more than 4%. Near term, unlikely.

 

[SBC]

Crossing $3 very soon

 

[blurpandasg2014]

Siao liao... Cfm got great Singapore sales

 

[MrSinkie95]

Results coming this week right

 

[SBC]

Any huge contracts announcement on this Sunday?

 

[Genosis]

Results coming this week right

26 Feb.....

 

[spiritGate]

Drop till 10 cent liao

Sent from sent from gagt using GAGT

 

[MrSinkie95]

Drop till 10 cent liao

Sent from sent from gagt using GAGT

huh? what u mean?

 

[thegodfather]

In his dreams ST Eng drop 10 cents?

huh? what u mean?

 

[vanlicious]

No wonder, ST Engg can't chiong much.

They have lost the bidding for future ERP satellite project to NCS consortium.

Really Shock. Thought contract BAO jiak.

Ncs undercut so much

 

[Governor]

St eng loss it's mojo....corruption in st marine then profit warning then loss a major contract which they have an edge over other bidder... 500m vs 1.2b.... They thot ah gong money sure give them,wouldn't be surprise Tom result another negative surprise

 

[SBC]

Heng! Have sold at $2.84. Will buy it back $2.70 again.

 

[Layers]

Ste jin jialat. Dunno need hold how long

Sent from Sony E6853 using GAGT

 

[SBC]

Heng! I bought Singtel this week. Cheong Singtel cheong.

 

[SBC]

This is beside the point at this moment. Key point now is that Singtel subsi has won a major deal.

 

[Genosis]

This is beside the point at this moment. Key point now is that Singtel subsi has won a major deal.

STE's loss is SingTel's gain?

Singtel chiong tmr?

 

[jimmy]

I believe NCS has the advantage since it can leverage on Singtel cellular network easier.

 

[Shion]

ST Engineering posts FY15 earnings dip to $529 mil

ST Engineering posts FY15 earnings dip to $529 mil

http://www.theedgemarkets.com/sg/article/st-engineering-posts-fy15-earnings-dip-529-mil

SINGAPORE (Feb 26): Defence contractor ST Engineering posted a 1% fall in full-year earnings to $529 million, or 17.05 cents, from $532 million a year ago.

Earnings before interest and tax (EBIT) fell 8% to $510.3 million while revenue fell 3% to $6.3 billion from the previous year.

In FY2015, revenue and profit before tax (PBT) for Aerospace sector were comparable at $2.09 billion and $290.6 million respectively.

Revenue for Electronics sector was up 8% at $1.71 billion compared to $1.58 billion while PBT of $191.0 million was comparable.

The Land Systems sector posted comparable revenue of $1.40 billion with higher PBT of $65.million, up 16% from $56.2 million mainly due to lower allowance for inventory obsolescence and lower goodwill impairment.

The Marine sector posted revenue of $0.96 billion, down 29% from $1.34 billion and PBT of $88.3 million, down 28% from $122.8 million due to weaker shipbuilding performance from both Singapore and US operations.

In the 4Q ended Dec, the group posted revenue of $1.78 billion compared to $1.85 billion in the same period last year.

Comparing against a year ago, group PBT and net profit were comparable at $166.6 million and $140.8 million respectively.

ST Engineering says it has an order book of $11.7 billion at end December 2015, of which about $3.8 billion is expected to be delivered in 2016.

The directors have recommended a dividend per share of 15.0 cents, unchanged from a year ago.

The counter closed 1.44% higher at $2.81 on Thursday.

 

[akwl88]

ST Engineering posts FY15 earnings dip to $529 mil

http://www.theedgemarkets.com/sg/article/st-engineering-posts-fy15-earnings-dip-529-mil

SINGAPORE (Feb 26): Defence contractor ST Engineering posted a 1% fall in full-year earnings to $529 million, or 17.05 cents, from $532 million a year ago.

Earnings before interest and tax (EBIT) fell 8% to $510.3 million while revenue fell 3% to $6.3 billion from the previous year.

In FY2015, revenue and profit before tax (PBT) for Aerospace sector were comparable at $2.09 billion and $290.6 million respectively.

Revenue for Electronics sector was up 8% at $1.71 billion compared to $1.58 billion while PBT of $191.0 million was comparable.

The Land Systems sector posted comparable revenue of $1.40 billion with higher PBT of $65.million, up 16% from $56.2 million mainly due to lower allowance for inventory obsolescence and lower goodwill impairment.

The Marine sector posted revenue of $0.96 billion, down 29% from $1.34 billion and PBT of $88.3 million, down 28% from $122.8 million due to weaker shipbuilding performance from both Singapore and US operations.

In the 4Q ended Dec, the group posted revenue of $1.78 billion compared to $1.85 billion in the same period last year.

Comparing against a year ago, group PBT and net profit were comparable at $166.6 million and $140.8 million respectively.

ST Engineering says it has an order book of $11.7 billion at end December 2015, of which about $3.8 billion is expected to be delivered in 2016.

The directors have recommended a dividend per share of 15.0 cents, unchanged from a year ago.

The counter closed 1.44% higher at $2.81 on Thursday.

STE sell off today?