Singapore Technologies Engineering (ST Engineering)

Results

TransCore acquisition crimps ST Engineering’s earnings, but more new orders seen

Analysts expect the company to face near-term cost pressures from the Transcore acquisition, but also brighter prospects afterward

Broker's Calls

Most analysts call ‘buy’ on ST Engineering, but Citi calls ‘sell’

Find out why Citi handed a "sell" rating to STE when others were calling "buy"

Results

ST Engineering sees 1HFY2022 earnings dip by 5.4% y-o-y to $280.0 mil

A second interim dividend of 4 cents per share has been declared, and payable on Sept 2.

Funds

Flying-taxi startup Skyports wins funding from ST Engineering

Aerospace company ST Engineering is the final investor in a Series B capital raise.
UOB Kay Hian re-initiates 'buy' on ST Engineering with TP of $4.60 - THE EDGE SINGAPORE

Broker's Calls

UOB Kay Hian re-initiates 'buy' on ST Engineering with TP of $4.60

UOB Kay Hian analyst Roy Chen is positive on the counter’s prospects, as he sees it being a “fine balance” of defence and growth.

Broker's Calls

Broker's Digest: CDL, BRC Asia, ST Engineering

See what the analysts have to say on these counters.

Results

ST Engineering reports 13% y-o-y growth in 1QFY2022 group revenue of $2.0 bil

The higher revenue was led by revenue growth across the group’s three segments.
Analysts remain positive on ST Engineering given ‘strong order wins’ for 4QFY2021 - THE EDGE SINGAPORE

Broker's Calls

Analysts remain positive on ST Engineering given 'strong order wins' for 4QFY2021

Analysts are remaining positive on ST Engineering where it surprised positively with strong order wins in 4QFY2021 ($3.2 billion)

Results

ST Engineering posts 3.8% higher earnings of $274.4 mil for 2HFY2021; proposes final dividend of 10 cents a share

On Feb 24, the board approved a dividend policy to declare dividends every quarter.
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