Singapore Technologies (ST) Engineering

Contracts

ST Engineering wins contract to upgrade Singapore navy frigates

ST Engineering will undertake the design, engineering and upgrade of a number of the RSN frigates’ marine and electrical systems.

Broker's Calls

RHB Bank Singapore expects ST Engineering to sustain full-year DPS of 16 cents

RHB's Jaiswal expects ST Engineering to be able to sustain its full-year dividend per share (DPS) of 16 cents.

Broker's Calls

RHB keeps ‘buy’ on ST Engineering as it sees its share price outperformance continuing

Investors in ST Engineering can look forward to four cents of dividends every quarter, adds analyst Shekhar Jaiswal.
ST Engineering doubles down on aviation recovery with new $170 mil facility - THE EDGE SINGAPORE

Corporate moves

ST Engineering doubles down on aviation recovery with new $170 mil facility

ST Engineering's new Changi Creek facility will be its fourth in Singapore.

Broker's Calls

PhilipCapital initiates ‘buy’ on ST Engineering from tailwinds from higher security spending and MRO demand

ST Engineering's commercial aerospace (CA) sector will see a rise in aerospace maintenance, repair and overhaul (MRO) services.
RHB remains positive on ST Eng for its ‘strong’ earnings potential and ‘well-supported dividend yield’ - THE EDGE SINGAPORE

Broker's Calls

RHB remains positive on ST Eng for its ‘strong’ earnings potential and ‘well-supported dividend yield’

RHB Bank stays positive on Singapore Technologies Engineering as the company continues to display strong earnings potential.
DBS downgrades SIA to 'hold', urges switch to ST Engineering, SATS instead - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades SIA to 'hold', urges switch to ST Engineering, SATS instead

DBS analysts believe SIA's earnings may peak in FY2024 as supernormal passenger yields revert to more normalised levels.

Investing ideas

Singapore aviation services poised to continue to soar: Maybank

SINGAPORE (Nov 26): Maybank Kim Eng Research is positive on the Singapore aviation services sector for 2020, with a pick up in the number of events in 2020 expected to fuel the sector’s continued outperformance.

Contracts

ST Engineering's marine arm secures $560 mil new contracts in 4Q18

SINGAPORE (Jan 14): ST Engineering says that its marine arm has secured $560 million worth of new contracts in 4Q18.

Broker's Calls

ST Engineering kept at 'buy' on steady growth, reasonable yield

SINGAPORE (Aug 10): RHB is maintaining its “buy” recommendation on ST Engineering with a lowered target price of $3.97.
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