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Singapore Technologies Engineering (ST Engineering)
Aviation & Engineering
Analysts cheer ST Engineering’s revenue visibility, but Citi is not so sure
Despite 9 out of 11 analysts calling "buy" on STE, find out why Citi is calling "sell" and lowering its target price on STE.
December 01, 2022
Results
ST Engineering reports 3QFY2022 revenue of $2.2 bil, up 22.2% y-o-y
As at Sept 30, the group’s order book stood at $25.0 billion.
November 28, 2022
Broker's Calls
With Transcore contract win, it's ST Engineering’s way, on the highway
Analysts are positive on STE after a $1.07 billion contract win by subsidiary Transcore.
November 24, 2022
Broker's Calls
Maybank lowers ST Engineering's TP, net profit forecasts amid rising interest rates
ST Engineering's TP is lowered to $4.20 from $4.50 previously as Maybank ups ST Engineering’s risk-free rate and cost of debt.
October 13, 2022
Broker's Calls
RHB keeps 'buy' on ST Engineering citing it as a “long-term defensive pick”
RHB keeps 'buy' on ST Engineering with lowered target price of $4.10 from $4.60.
October 11, 2022
Broker's Calls
Broker's Digest: Grab Holdings, Digital Core REIT, CapitaLand Ascott Trust, ST Engineering
See what the analysts have to say this week.
September 30, 2022
Broker's Calls
RHB notes potential earnings miss for ST Eng in 2HFY2022, but still maintains ‘buy’
RHB has maintained its 'buy' call despite saying that the share price is 'underperforming'.
September 26, 2022
Broker's Calls
A buying opportunity for ST Eng as it gets on track for further growth with rail contract
Find out why the analysts from RHB and CGS-CIMB think that it’s a good time to buy ST Engineering.
September 06, 2022
Contracts
ST Engineering secures $1.4 bil turnkey rail contract for new Kaohsiung MRT Yellow line
The contract was awarded to ST Engineering’s Urban Solutions subsidiary as part of a consortium.
September 01, 2022
Funds
ST Engineering's US$3 bil US commercial paper programme to include STE TransCore Holdings as issuer
The proceeds from the notes under the programme will continue to be used for general working purposes.
August 30, 2022