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ST Engineering *Official* (SGX: S63)

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Old 27-08-2016, 12:39 PM   #931
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thanks bro for explain. Ya it's a different scheme purchase compare from most others.
unker worked in ST for 20 plus yr and benefited from the scheme greatly.

moi forget to add this important thing : chiu contributed 10% of salary, the company top up another 10% to purchase the unit of share which eventually ish under chiu account. i.e. chiu monthly salary had a 10% "added in" to be collected when chiu resign or retired.
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Old 27-08-2016, 12:40 PM   #932
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Nope.. I think my friend is also in st electronics, the amk one
rubbish.

only ST Log involved.
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Old 27-08-2016, 12:52 PM   #933
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unker worked in ST for 20 plus yr and benefited from the scheme greatly.

moi forget to add this important thing : chiu contributed 10% of salary, the company top up another 10% to purchase the unit of share which eventually ish under chiu account. i.e. chiu monthly salary had a 10% "added in" to be collected when chiu resign or retired.
uncle still got connections connections insai or not? is ST all male employees like army?
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Old 27-08-2016, 01:11 PM   #934
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unker worked in ST for 20 plus yr and benefited from the scheme greatly.

moi forget to add this important thing : chiu contributed 10% of salary, the company top up another 10% to purchase the unit of share which eventually ish under chiu account. i.e. chiu monthly salary had a 10% "added in" to be collected when chiu resign or retired.
This might explain why STE price slack as it's doing quite frequent stock purchase.

I believe it's no longer an 'iron rice bowl' practice in st group as most could mislead it to an NS/SAF.

You could have serving coming to 30yrs - a great passive harvest

Last edited by peacefulday; 27-08-2016 at 01:19 PM..
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Old 28-08-2016, 11:30 AM   #935
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rubbish.

only ST Log involved.
u mean the ST dept that need to work machiam like SAF and do duty? yep.. think that ST Log only..

what I meant was ST electronics also quite slack
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Old 06-09-2016, 10:36 PM   #936
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As usual being short down from 3.4 to 3.18 after it recent report out and xd. A tiring tug of war and it recovered back to 3.4 range again. Let's join in the heat and pull it thru beyond 3.5 and then released before Oct
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Old 07-09-2016, 07:33 AM   #937
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sold yesterday at 3.40...huat ah!

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Old 07-09-2016, 08:18 AM   #938
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sold yesterday at 3.40...huat ah!
Plus recent xd 5c, congrats!

STE failed to stay float at 3.4 after several attempts, it determined my mentality's will to hold more tight on the rope and hope me and the rest can win the 'tug and war' lol
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Old 07-09-2016, 08:23 AM   #939
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jin muddy, dat time 2.8 i also dun dare buy...
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Old 07-09-2016, 08:24 AM   #940
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No $3 no buy!
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Old 07-09-2016, 08:31 AM   #941
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My price 3.7, can only keep for dividneds for the rest of my life hahhaha
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Old 18-10-2016, 08:47 PM   #942
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ST Engineering to write down investments in China JV units

ST Engineering to write down investments in China JV units

http://www.theedgemarkets.com.sg/sg/...china-jv-units

SINGAPORE (Oct 18): ST Engineering announced that joint venture units of Jiangsu Huatong and Jiangsu Huaren Kinetics (JHK) in China have ceased production from Tuesday to reduce operating losses.

ST Engineering will record a one-off $61 million charge under its land systems division for 3Q16. This consists of an impairment of ST Kinetics’ net carrying value in JHK and closure costs including staff compensation.

The one-off charge will reduce the ST Engineering’s earnings per share by 1.97 cent to 17.05 cents while having no material impact on net tangible assets per share.

Nevertheless, ST Engineering is maintaining its guidance for higher revenue and lower earnings for FY16 compared to FY15.

Pending a decision on its future, the management of JHK has formally tabled a proposal for cessation of production to the JHK board, which has 15 days to decide. The view of management is that the business will run out of money soon, impacting its ability to operate on an ongoing basis.

Shares of ST Engineering closed 1 cent higher at $3.19.
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Old 17-02-2017, 10:29 AM   #943
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Jin Satki this one, breaks resistance at 3.41-3.42 and immediately chiong to 3.56.
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Old 17-02-2017, 10:33 AM   #944
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Jin Satki this one, breaks resistance at 3.41-3.42 and immediately chiong to 3.56.

got good news?
results out yesterday morning but move a little, tdy it high jump
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Old 17-02-2017, 10:33 AM   #945
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macro also good... jskm those board at 2.8 huat blc

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