ST Engineering

[Keverus]

7 reasons why you should avoid ST Eng as an investment.

1. the first reason why people will like ST Eng is because it is govt-backed. well, guess what? Govt-backed means jack sh1t these days. Look at SCI. in 2013, it was trading around $5.40. Today, it sits under $4. of course you can argue that SCI was hit by oil, but take a look at ST Eng yourself. despite being govt-backed, it's price has slided down over the 2 years as well.

2. another key reason why people buy ST Eng is because of dividends. that's cool, but the problem is that ST Eng is not a dividend grow-er. what do i mean by that? it paid 15 cents a share in 2014, which is lesser than 2013 when it paid 16 cents. in 2015, the board has announced that div will be unchanged at 15 cents. that's good news isnt it, since div is unchanged. wrong! because of inflation, you have actually received lesser divs in 2015. to make thing worse, if you had held st eng from 2014 to 2015, you would had suffer capital losses as well.

3. poor results. just go google their recent announcements. a lot of people like to say that ST Eng is a very good defensive stock. then why is it unable to at least maintain its performance in the current bull market? which brings me to my next point...

4. the current market, is still bullish. defensive stocks tend to underperform. expectedly, ST Eng is underperforming.

5. but the price is low! first off, the 52w low is $3.14, not there yet. secondly, low can go lower; high can go higher. most of the time, things are cheap for a reason.

6. high PE of 20. it makes sense to pay for high PE with high performance stocks with strong growth potential. unfortunately, that's not ST Eng.

7. 2 out of 4 of its major business units are set for slowdown this year-aerospace and marine.

There you have it, 7 reasons why ST Eng is set to be a floundering investment. Just like Beckham is running away, steer clear from ST Eng.

Cheers!

 

[a&w_rootbeerz]

Keverus that gif how long ago one?

 

[Forex_Charting_Sexpert2]

Probability of break 3.30 is 60%.
3.30, if under TA terms? Does not consider strong sapork! 3.2 ~, 3.1? In my opinion? Then yes.

Well is all about probability, I might wrong also.

Sent from foreplay using GAGT

 

[Keverus]

Keverus that gif how long ago one?

 

[investmentsiao]

7 reasons why you should avoid ST Eng as an investment.

1. the first reason why people will like ST Eng is because it is govt-backed. well, guess what? Govt-backed means jack sh1t these days. Look at SCI. in 2013, it was trading around $5.40. Today, it sits under $4. of course you can argue that SCI was hit by oil, but take a look at ST Eng yourself. despite being govt-backed, it's price has slided down over the 2 years as well.

2. another key reason why people buy ST Eng is because of dividends. that's cool, but the problem is that ST Eng is not a dividend grow-er. what do i mean by that? it paid 15 cents a share in 2014, which is lesser than 2013 when it paid 16 cents. in 2015, the board has announced that div will be unchanged at 15 cents. that's good news isnt it, since div is unchanged. wrong! because of inflation, you have actually received lesser divs in 2015. to make thing worse, if you had held st eng from 2014 to 2015, you would had suffer capital losses as well.

3. poor results. just go google their recent announcements. a lot of people like to say that ST Eng is a very good defensive stock. then why is it unable to at least maintain its performance in the current bull market? which brings me to my next point...

4. the current market, is still bullish. defensive stocks tend to underperform. expectedly, ST Eng is underperforming.

5. but the price is low! first off, the 52w low is $3.14, not there yet. secondly, low can go lower; high can go higher. most of the time, things are cheap for a reason.

6. high PE of 20. it makes sense to pay for high PE with high performance stocks with strong growth potential. unfortunately, that's not ST Eng.

7. 2 out of 4 of its major business units are set for slowdown this year-aerospace and marine.

There you have it, 7 reasons why ST Eng is set to be a floundering investment. Just like Beckham is running away, steer clear from ST Eng.

Cheers!

Wah bro~! I feel so

Btw did you manage to hoot anything today?

 

[Keverus]

Wah bro~! I feel so

Btw did you manage to hoot anything today?

closed off my short position on silverlake axis first.

 

[athulican]

7 reasons why you should avoid ST Eng as an investment.

1. the first reason why people will like ST Eng is because it is govt-backed. well, guess what? Govt-backed means jack sh1t these days. Look at SCI. in 2013, it was trading around $5.40. Today, it sits under $4. of course you can argue that SCI was hit by oil, but take a look at ST Eng yourself. despite being govt-backed, it's price has slided down over the 2 years as well.

2. another key reason why people buy ST Eng is because of dividends. that's cool, but the problem is that ST Eng is not a dividend grow-er. what do i mean by that? it paid 15 cents a share in 2014, which is lesser than 2013 when it paid 16 cents. in 2015, the board has announced that div will be unchanged at 15 cents. that's good news isnt it, since div is unchanged. wrong! because of inflation, you have actually received lesser divs in 2015. to make thing worse, if you had held st eng from 2014 to 2015, you would had suffer capital losses as well.

3. poor results. just go google their recent announcements. a lot of people like to say that ST Eng is a very good defensive stock. then why is it unable to at least maintain its performance in the current bull market? which brings me to my next point...

4. the current market, is still bullish. defensive stocks tend to underperform. expectedly, ST Eng is underperforming.

5. but the price is low! first off, the 52w low is $3.14, not there yet. secondly, low can go lower; high can go higher. most of the time, things are cheap for a reason.

6. high PE of 20. it makes sense to pay for high PE with high performance stocks with strong growth potential. unfortunately, that's not ST Eng.

7. 2 out of 4 of its major business units are set for slowdown this year-aerospace and marine.

There you have it, 7 reasons why ST Eng is set to be a floundering investment. Just like Beckham is running away, steer clear from ST Eng.

Cheers!

Don't want to argue with all your points, but I've worked in a subsidiary of ST Engineering (Electronics) before. That was many years ago, I haven't started buying shares yet. I didn't even participate in the employee share option and man, how I regretted that.

I've written this in another forum, but they took it down. I think the admin was afraid of some sensitive issues or secrets or may kanna sue or what. Whatever, it is not as sensitive as you think. I am not surprise that this may be open secret among the fund managers. You see. When they do Mindef contracts, they don't just do the (million dollar) project and that's it. There is always 5-year or 10-year maintenance contract that follows. And in these maintenance contracts, they hired poly grads and charge "senior engineer" pay. Imagine 5-year x 12 months x number of "senior engineers" + components + equipment + spaces + misc. We used to joke that it is a high-class maid agency. And I am not sure if all these are even reported/reflected on the financial statements. This, I believe, is the real "government backing".

 

[Obama486]

so have u taken a short position on STE?

7 reasons why you should avoid ST Eng as an investment.

1. the first reason why people will like ST Eng is because it is govt-backed. well, guess what? Govt-backed means jack sh1t these days. Look at SCI. in 2013, it was trading around $5.40. Today, it sits under $4. of course you can argue that SCI was hit by oil, but take a look at ST Eng yourself. despite being govt-backed, it's price has slided down over the 2 years as well.

2. another key reason why people buy ST Eng is because of dividends. that's cool, but the problem is that ST Eng is not a dividend grow-er. what do i mean by that? it paid 15 cents a share in 2014, which is lesser than 2013 when it paid 16 cents. in 2015, the board has announced that div will be unchanged at 15 cents. that's good news isnt it, since div is unchanged. wrong! because of inflation, you have actually received lesser divs in 2015. to make thing worse, if you had held st eng from 2014 to 2015, you would had suffer capital losses as well.

3. poor results. just go google their recent announcements. a lot of people like to say that ST Eng is a very good defensive stock. then why is it unable to at least maintain its performance in the current bull market? which brings me to my next point...

4. the current market, is still bullish. defensive stocks tend to underperform. expectedly, ST Eng is underperforming.

5. but the price is low! first off, the 52w low is $3.14, not there yet. secondly, low can go lower; high can go higher. most of the time, things are cheap for a reason.

6. high PE of 20. it makes sense to pay for high PE with high performance stocks with strong growth potential. unfortunately, that's not ST Eng.

7. 2 out of 4 of its major business units are set for slowdown this year-aerospace and marine.

There you have it, 7 reasons why ST Eng is set to be a floundering investment. Just like Beckham is running away, steer clear from ST Eng.

Cheers!

 

[Keverus]

so have u taken a short position on STE?

nope

10charizard.

 

[Obama486]

nope

10charizard.

lol u wrote so muc riao

if u really confident in your bearish views on STE, should put it into action ma... I think STE should be quite easier to use CFD to short one

 

[Keverus]

keeping my bullets for something i deem "meatier".

besides, i'm feeling St Eng is likely to be a slow bear, so short also no meat to jiak. i'm waiting for the indicator.

 

[backsight]

time to rebound

 

[Shion]

http://www.theedgemarkets.com/sg/article/ex-employee-st-engineering-unit-charged-graft

 

[Keverus]

slide down again

 

[Obama486]

hope can get more if the yield reaches 5%

management got state that dividends for 2015 will be same as 2014

 

[Keverus]

management got state that dividends for 2015 will be same as 2014

correct. but 15 cents per share in 2015 is not the same as 15 cents per share in 2014.

be careful. this is a yield trap. what's the point of getting 15 cents per share div yield but capital keep falling? you're literally taking from your own pocket. to quote our legend...dont be too hard up over dividends!

i dont expect this stock to fall quickly at this moment, but I do foresee it sliding down, slowly and surely.

 

[Obama486]

correct. but 15 cents per share in 2015 is not the same as 15 cents per share in 2014.

be careful. this is a yield trap. what's the point of getting 15 cents per share div yield but capital keep falling? you're literally taking from your own pocket. to quote our legend...dont be too hard up over dividends!

i dont expect this stock to fall quickly at this moment, but I do foresee it sliding down, slowly and surely.

have to monitor the ROE closely, management also got state that earnings will be maintained for 2015

if earnings keep sliding, say 5% or 10% down for the consecutive years... will definitely sell it off for sure

if management's can hold up to their words of maintaining earnings and dividends, I will continue to hold ba

 

[Obama486]

selling continues on STE

might wanna buy more if it comes to 3.00 level

 

[Obama486]

7 reasons why you should avoid ST Eng as an investment.

1. the first reason why people will like ST Eng is because it is govt-backed. well, guess what? Govt-backed means jack sh1t these days. Look at SCI. in 2013, it was trading around $5.40. Today, it sits under $4. of course you can argue that SCI was hit by oil, but take a look at ST Eng yourself. despite being govt-backed, it's price has slided down over the 2 years as well.

2. another key reason why people buy ST Eng is because of dividends. that's cool, but the problem is that ST Eng is not a dividend grow-er. what do i mean by that? it paid 15 cents a share in 2014, which is lesser than 2013 when it paid 16 cents. in 2015, the board has announced that div will be unchanged at 15 cents. that's good news isnt it, since div is unchanged. wrong! because of inflation, you have actually received lesser divs in 2015. to make thing worse, if you had held st eng from 2014 to 2015, you would had suffer capital losses as well.

3. poor results. just go google their recent announcements. a lot of people like to say that ST Eng is a very good defensive stock. then why is it unable to at least maintain its performance in the current bull market? which brings me to my next point...

4. the current market, is still bullish. defensive stocks tend to underperform. expectedly, ST Eng is underperforming.

5. but the price is low! first off, the 52w low is $3.14, not there yet. secondly, low can go lower; high can go higher. most of the time, things are cheap for a reason.

6. high PE of 20. it makes sense to pay for high PE with high performance stocks with strong growth potential. unfortunately, that's not ST Eng.

7. 2 out of 4 of its major business units are set for slowdown this year-aerospace and marine.

There you have it, 7 reasons why ST Eng is set to be a floundering investment. Just like Beckham is running away, steer clear from ST Eng.

Cheers!

ST Engineering's aerospace unit wins $135 million 7-year contract from Flybe

By PC Lee / theedgemarkets.com | June 16, 2015 : 5:35 PM MYT
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SINGAPORE (June 16): ST Engineering announced that ST Aerospace has secured a seven-year contract worth more than US$100 million ($134.8 million) for aircraft component support with Flybe.

Under the agreement, ST Aerospace will provide comprehensive component Maintenance-By-the-Hour (MBH) support covering component exchange, repair, overhaul, modification, reliability monitoring and logistics services, for Flybe’s growing fleet of Bombardier Dash 8 Q400 aircraft.

This contract follows an existing agreement signed in 2004.

Flybe is Europe's largest regional airline which operates 178 routes to 72 airports.

It is the largest scheduled airline at Birmingham, Manchester, Exeter, Inverness, Southampton, Isle of Man, Belfast City and Jersey and operates out of more UK airports than any other airline.

Flybe operates 47 Bombardier Q400 and 17 E-jet aircraft.

ST Aerospace’s MBH allows the airline to select a range of support services and pay a corresponding flight per hour rate, which is fixed.

This way, operators are able to keep operating costs low and also minimise fixed asset inventory holdings in terms of spares or maintenance equipment.

ST Engineering closed 1 cent lower at $3.26 today.

 

[Obama486]

Wow.....this stock, indies section becoming Obama486 playground ah?
No worry, there comes the forex_charting_sexpert6!!!

Been inviting him (Obama486) on charting technical analysis challenge?
But he keep avoiding this topics like chao ah guan.

By keeping copy and post those articles? Useless lah. Unless you able to post something like these articles by those pro? If not? Go back and suck my kkj lah.

Lai leh, lets challenge. I give you priority? Post any charts you deem in best? I anything one.






Hey Obama486, come leh........lets everyone here see who are the best of the best? Ok?

6th account? lol

i never said i was a chartist

i buy and hold de

good luck to u