ST Engineering

[dork32]

There are many aunties and uncles in their 50-60s who have been investing for 10-20 over years.

Going by your logic, all of these uncles and aunties should be very pro right?

Stupidity knows no limits.

if you noticed i did not agree with his statement on this. it is not nice to insult.

but the highlight of this is kev does not know what a div stock is.

kev is a noob is just said out of anger.

 

[dork32]

a good dividend stock will be one that can grow its dividends.

for a company to grow its dividends, it must be able to grow its business.

ST Eng is a div stock, not a growth stock, but if it cant grow its business, tell me how is it going to grow its div? if business shrink, how is it going to sustain its div?

this post is directed at everyone else, since felix supposedly put me on ignore list, thank you!

div stocks do not have to grow its dividends to attract people to buy it. if you noticed sph, suntec reit, singtel and st eng have almost the same dividend for many years already. people are still buying it.

if it can grow its dividend, then it is more like a growth stock.

 

[dork32]

Every few months collect dividends

In some cases reits also have growth potential.

MCT was 80+ cents a couple years back and now it is almost 1.5.

Sent from Berk using GAGT

agree. many dividend plays have increased price over the years. one reason is for the poor interest rates. it has led people to chase yield.

one other eg was singpost. but it was some guy that decided to buy the company that cause it to increase

 

[dork32]

Don't fight, don't fight.....

hi newinvestor, i named you by mistake in the previous post. it is suppose to be valueinvestor. sorry. hope you dont get angry for being so blur.

 

[dork32]

If u dont like reading what i write can always ignore block what

Kum lan to the max

better watch your words. it is this type of words that may get you banned.

this is what happened to obama. this people quite smart. make you angry. say a few stupid things, then kena ban

 

[Keverus]

but the highlight of this is kev does not know what a div stock is.

kev is a noob is just said out of anger.

lol, it wasnt said out of anger. he has been on a rage rampant for god knows why.

as for what is a div stock, i still believe that an attractive div stock is one that can grow divs. or one that can maintain div and price. which i believe st eng can fulfill neither.

 

[Keverus]

better watch your words. it is this type of words that may get you banned.

this is what happened to obama. this people quite smart. make you angry. say a few stupid things, then kena ban

valueinvestor=obama=felix.....

now you see who is the raging deliquent?

 

[dork32]

LOL. that's like me saying, hey, Silverlake would be above 88 cents by year end..

today st eng is 3.31. according to value investor target price 3.3x, you should hold and collect the dividend in aug.

today sliverlake is 92. according to kev target price 88, you should sell silverlake.

 

[dork32]

grabbing my popcorn now!!!

hi moderator, will you just eat pop corn and enjoy the show, or will you come out and ban us?

 

[Keverus]

he's nt a real mod la...

 

[Keverus]

today st eng is 3.31. according to value investor target price 3.3x, you should hold and collect the dividend in aug.

today sliverlake is 92. according to kev target price 88, you should sell silverlake.

dont take what i say out of proportions lei.

st eng range trading at 3.20 to 3.35. my point was, if felix holds a bull view, then why quote a tp that is within current range?

 

[dork32]

http://forums.hardwarezone.com.sg/e...-stock-worth-buying-5104840.html#post95125211

just my two cents... feel free to disagree..

kindly ignore the title if it doesnt sit well with you...it's a edmw topic after all..

it is good that you write something like that to justify your point. rather than just say that it is a sucky counter. but there are errors in your posting

 

[Keverus]

it is good that you write something like that to justify your point. rather than just say that it is a sucky counter. but there are errors in your posting

i have always justfied my point...goodness...go read this thread in entirety...

 

[dork32]

dont take what i say out of proportions lei.

st eng range trading at 3.20 to 3.35. my point was, if felix holds a bull view, then why quote a tp that is within current range?

what value investor say is the range would be from 3.3 to 3.4. it is not bullish but it is not too bearish either.

if you are bullish about silverlake then state that it will be trading at 92.5 and above. stating that it will drop to 88 is bearish.

 

[dork32]

he's nt a real mod la...

ok loh, i blur king loh.

 

[Keverus]

what value investor say is the range would be from 3.3 to 3.4. it is not bullish but it is not too bearish either.

if you are bullish about silverlake then state that it will be trading at 92.5 and above. stating that it will drop to 88 is bearish.

felix specifically said he is bullish about st eng.

his top picks for 2015 lei

 

[dork32]

Besides, is ST Engineering that great a dividend stock? Well, truth is, it isn’t. A really good dividend stock is one that is able to grow its dividends. 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 dividends will be unchanged at 15 cents. That's good news isn’t it, since dividend is unchanged. Wrong! Because of inflation, you have actually received lesser dividend in 2015. To make thing worse, if you had held the stock from 2014 to 2015, you would had suffer capital losses as well.

this paragraph is entire rubbish.
the dividend of the shares does not have to continue increase to continue to fight inflation. it can remain constant yet it is able to fight inflation. eg if inflation is 3% for the next 10 years, st eng div is 4.5% for the next 10 years and st eng stays at 3.31. holding onto st eng would have made you money. but if inflation is 6%, then you will lose out to inflation.

some of your posting seriously makes no sense at all.

 

[dork32]

And here’s the scary thing-it is giving 15 cents per share dividend while it is only earning 17 cents per share. Now, if you are only retaining 2 cents per share for your own company’s usage…how is that realistic? It represents two things. One, the company could be digging its hands into the coffers to sustain the dividends.

this statement shows that you know nothing about accounting.

it means the company made 17 cents, gave 15 cents to the share holders and retain 2 cents into the company pockets. it does not have to dig into the coffers.

if eps is 13 cents and it gave 15 cents dividend, then it means that the company have to go into their piggy bank and take out 2 cents to pay the shareholders.

however, you can say that they retain only 2 cents, it is difficult for them to grow their business if they retain so little. then again st eng is a div stock. it does not have to retain it profits for growth.

eg div to earning is at least 90% for all reits. do people buy reits? i do. maybe you want to call be stupid for buying reits.

 

[Keverus]

this paragraph is entire rubbish.
the dividend of the shares does not have to continue increase to continue to fight inflation. it can remain constant yet it is able to fight inflation. eg if inflation is 3% for the next 10 years, st eng div is 4.5% for the next 10 years and st eng stays at 3.31. holding onto st eng would have made you money. but if inflation is 6%, then you will lose out to inflation.

some of your posting seriously makes no sense at all.

it makes no sense because you misintepreted.

In 2015, the board has announced that dividends will be unchanged at 15 cents. That's good news isn’t it, since dividend is unchanged. Wrong! Because of inflation, you have actually received lesser dividend in 2015.

at no point did i say it is unable to fight inflation.

what i meant was 2014-you get 15 cents. 2015-you also get 15 cents. you have received lesser divs in 2015 due to inflation. same 15 cents, but purchasing power has gone down. the same dollar you receive one year down the road is lesser than the dollar you receive today. same concept lei.

 

[dork32]

Two, the company has next to no interest in growing the company. Which we saw, since the last quarter reported fall in quarterly revenue of 2.6% year-on-year, leading to a fall in earnings year-on-year.

this statement is absolutely correct.

earnings report on st eng is bad for 2 quarter already. every time results are released, the share price drops. it then slowly rises back again.