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Singapore Technologies Engineering (ST Engineering)
Broker's Calls
Analysts mostly positive on ST Engineering following plans to acquire TransCore
The analysts have given ST Engineering a target price starting from $3.68.
October 05, 2021
Broker's Calls
UOB Kay Hian upgrades ST Engineering to 'buy' on lower share price and new order wins
UOB Kay Hian analyst K Ajith has kept his target price unchanged at $4.25.
September 14, 2021
Tech
ST Engineering's smart lift monitoring solution to be progressively installed on lifts in Singapore
The solution is co-developed with Henning GmbH & Co, an established lift measurement device manufacturer.
September 13, 2021
Broker's Calls
ST Engineering's current share price weakness an opportunity to accumulate: RHB
Despite a weak global business environment, ST Engineering has secured new contracts worth a total of $3.4 billion in 1HFY2021.
September 10, 2021
Billion Dollar Club 2021
ST Engineering restructures to capture new growth; Sri Trang Agro and Straits Trading take one win each
ST Engineering has come out tops for the weighted ROE category.
September 10, 2021
Contracts
ST Engineering and Siemens Mobility consortium win $180 mil contract to modernise comms system for Singapore's MRT lines
The new communications system will be fully operational in 2029.
September 02, 2021
Broker's Calls
Analysts mostly keep 'buy' on ST Engineering with TP of over $4.25; UOB KH downgrades to 'hold'
Shares in ST Engineering closed 6 cents lower or 1.5% down at $4.03 on Aug 16.
August 17, 2021
Results
ST Engineering posts 15% higher earnings of $296.1 mil for 1H21 on higher revenue, EBIT
The group has declared an interim dividend of 5.0 cents per share for the period.
August 12, 2021
New appointments
ST Engineering appoints Vertex chairman and chief defence scientist to its board
Teo Ming Kian and Tan Peng Yam will join ST Engineering's board, while Quek Gim Pew will be stepping down.
July 26, 2021
Broker's Calls
Broker's Digest: Food Empire, Uni-Asia Group, OCBC, ST Engineering, Japfa
See the analysts' recommendations and target prices here.
July 09, 2021