ST Engineering

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Keverus

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u srsly would just copy paste ur reply even tho i replied u on edmw already? ok....
 

Obama486

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Current price: 3.28
EPS: 0.168
Expected forward div: 0.126 (75%)
Yield: 3.84%

Price of around 3.15 will then give a div yield of 4% and above, which would be fair given that ST Eng is has little growth.

like I said... if u so bearish on STE, then go ahead and short it big lor...
 

Obama486

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correct. but let's take a look at 2 blue chips.

1. keppel. tell me the PE.
2. st eng. tell me the PE.

of cos u can argue that st eng has a higher PE (two times more in fact) because it dabbles into technology. true, companies that dabbles into tech usually have higher (in fact some have ridiculous) PE. but these are companies that exhibit enormous growth potential, accompanied usually by higher ROI margins. an example would be as you mentioned-silverlake. it recovered from less than $1 to $1.25 in a matter of week. more than 30% recovery. why? because it has stellar ROI margins and very strong growth potential, something that ST Eng doesnt have.

the only thing that is going on right for ST Eng is that they have plenty of contracts in USD.



today got a kum lan person (26 year old with only 2 year experiences in the market but acting pro to give advise in forum)

compare kep corp against STE

say one low PE another high PE

so STE is over valued and Kep corp is cheap

face palm sia..........

noob investor who doesn't even know how to tell between a cyclical business (marine/property) vs a stable dividend counter (recurring maintenance/defense contracts)

the noob keep saying STE high PE and overvalued because no growth......zzzzzzzzzzz

Dividend stocks like STE and telcos have high PE not because of growth, but because of the predictability of their earnings....the stability and years of track record is what gives them the higher PE ratio

example starhub has been paying 20 cents per share for over 6 years.... that's why it trades at PE 20.... investors are comfortable

small cap like valuetronics... low PE and high Yield because its volatility and not proven yet
 
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Bombermankid

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today got a kum lan person (26 year old with only 2 year experiences in the market but acting pro to give advise in forum)

compare kep corp against STE

say one low PE another high PE

so STE is over valued and Kep corp is cheap

face palm sia..........

noob investor who doesn't even know how to tell between a cyclical business (marine/property) vs a stable dividend counter (recurring maintenance/defense contracts)

the noob keep saying STE high PE and overvalued because no growth......zzzzzzzzzzz

Dividend stocks like STE and telcos have high PE not because of growth, but because of the predictability of their earnings....the stability and years of track record is what gives them the higher PE ratio

example starhub has been paying 20 cents per share for over 6 years.... that's why it trades at PE 20.... investors are comfortable

small cap like valuetronics... low PE and high Yield because its volatility and not proven yet

so you very pro investor ?

can give some tips shifu ? :)
 
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today got a kum lan person (26 year old with only 2 year experiences in the market but acting pro to give advise in forum)

compare kep corp against STE

say one low PE another high PE

so STE is over valued and Kep corp is cheap

face palm sia..........

noob investor who doesn't even know how to tell between a cyclical business (marine/property) vs a stable dividend counter (recurring maintenance/defense contracts)

the noob keep saying STE high PE and overvalued because no growth......zzzzzzzzzzz

Dividend stocks like STE and telcos have high PE not because of growth, but because of the predictability of their earnings....the stability and years of track record is what gives them the higher PE ratio

example starhub has been paying 20 cents per share for over 6 years.... that's why it trades at PE 20.... investors are comfortable

small cap like valuetronics... low PE and high Yield because its volatility and not proven yet



goodbyelinneav2.jpg
 

dork32

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another reason why the pe of keppel is low is because, the e is based on last years earning. last year oil price is high.

this year oil price low. so expected earning is low. but expected earning cannot be reflected in current pe.

come next year, when the real earnings is reflected, you will realize that the pe would go up.
 

Carnage

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another reason why the pe of keppel is low is because, the e is based on last years earning. last year oil price is high.

this year oil price low. so expected earning is low. but expected earning cannot be reflected in current pe.

come next year, when the real earnings is reflected, you will realize that the pe would go up.

PE high could also be because earnings plunge.

Which is what I would expect from Keppel this year.
 

schoolex

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what if it never comes down to 3.20 or less?

depends on time horizon and risk appetite.Mid to long term, 3.25 looks ok to go in with a small position.
For short term, also can go in but must be prepared to cut once support at 3.20 breaks.:s22:
 
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