HWZ Forums

Login Register FAQ Mark Forums Read

ST Engineering *Official* (SGX: S63)

Like Tree501Likes
Reply
 
LinkBack Thread Tools
Old 23-04-2018, 11:38 AM   #1021
High Supremacy Member
 
Sausage's Avatar
 
Join Date: Dec 2000
Posts: 30,703
was scared it would go lower.

Sent from Xiaomi MI MAX using GAGT
Sausage is online now   Reply With Quote
Old 11-05-2018, 09:27 AM   #1022
Senior Member
 
kehyi4's Avatar
 
Join Date: Aug 2010
Posts: 1,322
https://www.straitstimes.com/busines...e-in-q1-profit

ST Engineering posts 18% rise in Q1 profit

SINGAPORE - Defence and engineering group Singapore Technologies Engineering (ST Engineering) posted an 18 per cent rise in first-quarter profit attributable to shareholders to $117.7 million from $99.9 million the year ago.

Earnings per share also climbed 18 per cent to 3.78 Singapore cents, on the back of a 9 per cent bump in revenue to $1.65 billion.

Across the board, net profit for its aerospace, electronics, land systems and marine business sectors all rose, with the exception of its "others" business, which narrowed its losses to $6.1 million from $8.7 million the year ago, due mainly to contributions from associate Experia Events, the organiser behind the biennial Singapore Airshow 2018.

Its marine division, while profitable, saw its revenue dented by 29 per cent dent, falling to $150 million. The fall was attributed to lower provisions for doubtful debts and weak US shipbuilding performance.

"The marine sector's operating environment remains challenging even as it secured various ship repair projects at its US and Singapore yards, and completed several rig repair and decommissioning works in the first quarter," ST Engineering said in its results statement.

Overall commercial sales in Q1 was 63 per cent of revenue, or $1 billion, with defence sales accounting for 37 per cent, or $0.6 billion.

The group ended the quarter with an order book of $13.4 billion, and expects to deliver about $3.2 billion in the remaining months of 2018, ST Engineering said.

"We started the year with healthy revenue growth and net profit. We also secured numerous contracts including Smart City projects in the past quarter," said ST Engineering's president and chief executive Vincent Chong.

"With a strong order book, the group remains on track for steady growth," added Mr Chong.
kehyi4 is offline   Reply With Quote
Old 11-05-2018, 11:43 AM   #1023
Member
 
Join Date: Jan 2017
Posts: 121
But this morning this drop drop
buaytuckchek is offline   Reply With Quote
Old 11-05-2018, 01:20 PM   #1024
Member
 
Join Date: Jun 2008
Posts: 368
why why why,... i buy at 3.60$ =/ ... jiayou ST eng!
lugia88 is offline   Reply With Quote
Old 13-05-2018, 12:17 PM   #1025
SBC
Arch-Supremacy Member
 
Join Date: Mar 2001
Posts: 10,543
Any major project announcement coming up?
SBC is online now   Reply With Quote
Old 17-05-2018, 03:33 PM   #1026
Supremacy Member
 
Join Date: Jan 2000
Posts: 8,970
Is this still a good buy at 3.46?
AMD_FREAK is offline   Reply With Quote
Old 17-05-2018, 03:59 PM   #1027
Honorary Member
 
addict951's Avatar
 
Join Date: Feb 2002
Posts: 147,759
Is this still a good buy at 3.46?
Buy singtel nao more upside
__________________
HWZ's 2nd Honorary Member on Jan 28 2009
addict951 is online now   Reply With Quote
Old 17-05-2018, 04:08 PM   #1028
Supremacy Member
 
Join Date: Jan 2000
Posts: 8,970
Buy singtel nao more upside
Thanks.. U think it's good to queue at 3.39?
AMD_FREAK is offline   Reply With Quote
Old 26-05-2018, 01:44 AM   #1029
SBC
Arch-Supremacy Member
 
Join Date: Mar 2001
Posts: 10,543
Any new projects announcement coming up soon?
SBC is online now   Reply With Quote
Old 29-05-2018, 01:01 AM   #1030
SBC
Arch-Supremacy Member
 
Join Date: Mar 2001
Posts: 10,543
If $3.52 is broken, it will hit $3.75 very soon.
SBC is online now   Reply With Quote
Old 29-05-2018, 11:12 AM   #1031
High Supremacy Member
 
Litmuss's Avatar
 
Join Date: Oct 2007
Posts: 33,774
Yup, this one gonna fly liao.
Litmuss is offline   Reply With Quote
Old 29-05-2018, 02:53 PM   #1032
Member
 
Join Date: Jul 2011
Posts: 425
If $3.52 is broken, it will hit $3.75 very soon.
I really hope it can go up to $3.75, need to offload this
Raynon is offline   Reply With Quote
Old 29-05-2018, 03:37 PM   #1033
SBC
Arch-Supremacy Member
 
Join Date: Mar 2001
Posts: 10,543
It has been creeping up despite the mkt slowness recently.
SBC is online now   Reply With Quote
Old 03-06-2018, 05:27 PM   #1034
Senior Member
 
Join Date: Sep 2016
Posts: 1,040
I really hope it can go up to $3.75, need to offload this
need that too. bought for the dividend and my dividend is gone in Bedok.
sg_investor is offline   Reply With Quote
Old 05-06-2018, 08:52 PM   #1035
High Supremacy Member
 
Litmuss's Avatar
 
Join Date: Oct 2007
Posts: 33,774
Lai liao lai liao gonna break $3.50 soon..
Litmuss is offline   Reply With Quote
Reply
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.


Thread Tools

Posting Rules

Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On