Singapore Technologies Engineering (ST Engineering)

Analysts up target price for ST Engineering as US air travel shows strong recovery - THE EDGE SINGAPORE

Broker's Calls

Analysts up target price for ST Engineering as US air travel shows strong recovery

CGS-CIMB and UOB Kay Hian have raised their TP for ST Engineering to $4.41 and $4.26 respectively.
ST Engineering's share price weakness presents buying opportunity: RHB - THE EDGE SINGAPORE

Broker's Calls

ST Engineering's share price weakness presents buying opportunity: RHB

As at 12.38pm, shares in ST Engineering are trading 3 cents higher or 0.8% up at $3.84.
ST Engineering says cost savings target is 'on track', $1.6 bil new contracts won during 1Q in quarterly update - THE EDGE SINGAPORE

Results

ST Engineering says cost savings target is 'on track', $1.6 bil new contracts won during 1Q in quarterly update

ST Engineering’s order book stands at $15.7 billion as of 1Q21.
ST Engineering and Temasek enter into 50-50 JV for freighter aircraft leasing - THE EDGE SINGAPORE

Deals, joint ventures & alliances

ST Engineering and Temasek enter into 50-50 JV for freighter aircraft leasing

The JV targets to build a portfolio valued at around US$600 million ($800 million) within five years.
Could Temasek restructure SIAEC and ST Engineering next? - THE EDGE SINGAPORE

Company in the news

Could Temasek restructure SIAEC and ST Engineering next?

Sembcorp Industries, Sembmarine, Keppel Corp and CapitaLand have undergone or will undergo restructuring. Which companies next?
ST Engineering posts 14% drop in 2H20 earnings to $264.4 mil on lower revenue, profit - THE EDGE SINGAPORE

Results

ST Engineering posts 14% drop in 2H20 earnings to $264.4 mil on lower revenue, profit

Shareholders will receive a total dividend of 15 cents per share for FY2020, unchanged from FY2019 and FY2018.
ST Engineering partners Telos Corporation to provide cross-cloud governance and cybersecurity solutions in APAC - THE EDGE SINGAPORE

Tech

ST Engineering partners Telos Corporation to provide cross-cloud governance and cybersecurity solutions in APAC

As at 12.04pm, shares in ST Engineering were trading 2 cents higher or 0.5% up at $3.85.
ST Engineering tops sector again, reorganises for better agility in capturing new growth - THE EDGE SINGAPORE

Billion Dollar Club 2020

ST Engineering tops sector again, reorganises for better agility in capturing new growth

Singapore Technologies Engineering, a regular top winner at the Billion Dollar Club, has made its mark again.
ST Engineering's electronics arm liquidates subsidiary - THE EDGE SINGAPORE

Company in the news

ST Engineering's electronics arm liquidates subsidiary

The move comes as part of ST Engineering's ongoing review to streamline its legal entity structure.

Broker's Calls

'Buy' ST Engineering for its defensive business amid Covid-19: analysts

CGS-CIMB, DBS and OCBC have also upped their target prices on ST Engineering to $4, $4.80 and $4.30 respectively.
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