ST Engineering (STE)

Investing ideas

ST Engineering gets 4 'buys' as aerospace, order book continue to soar

SINGAPORE (Nov 12): Analysts are buoyant on ST Engineering, as the technology, defence and engineering conglomerate posted 3Q19 earnings in line with expectations on the back of record-high revenue.

Investing ideas

Contract wins, acquisitions lift ST Engineering shares to multi-year high

SINGAPORE (July 5): It has been a busy couple of months for Singapore Technologies Engineering.

Investing strategies

ST Engineering poised for 'next leg up', indirectly benefits from US uncertainties

(June 17): For months, stock markets have been in choppy waters, no thanks to the multi-pronged trade wars started by the US. The Singapore market, facing prospects of a sharp economic slowdown, has suffered as well.

Investing strategies

ST Engineering poised for 'next leg up', indirectly benefits from US uncertainties

(June 17): For months, stock markets have been in choppy waters, no thanks to the multi-pronged trade wars started by the US. The Singapore market, facing prospects of a sharp economic slowdown, has suffered as well.

Broker's Calls

Hunting for positive long-term prospects? Look no further than ST Engineering, says OCBC

SINGAPORE (June 13): OCBC Investment Research is maintaining ST Engineering (STE) at “buy” given the group’s positive long-term prospects.

Tech

ST Engineering and Nokia to collaborate on 5G and IoT

SINGAPORE (June 6): ST Engineering has entered into a partnership agreement with Nokia on key technology areas such as 5G and Internet of Things (IoT).

Broker's Calls

ST Engineering poised to ride on strong orderbook, analysts say

SINGAPORE (May 17): Analysts believe ST Engineering (STE) is poised to power ahead with its growth story this year, on the back of a record high orderbook that is likely to drive valuations.

Results

ST Engineering reports 11% higher 1Q earnings of $117.7 mil; order book hits record $14.1 bil

SINGAPORE (May 15): ST Engineering, the technology, defence and engineering group, reported 1Q19 earnings of $131.1 million, 11% higher from earnings of $117.7 million a year ago in 1Q18.

Hot Stock

Trump's tweet on US penny stock Workhorse throws spotlight on little-known ST Engineering unit

SINGAPORE (May 9): Is President Donald Trump at it again? Talking up stocks with rumours to make a wee bit of money? A day right after a big New York Times exposé on his stock investing MO?

Broker's Calls

ST Engineering kept at 'buy' by UOB and Maybank on recent contract wins

SINGAPORE (Apr 25): UOB KayHian and Maybank KimEng are maintaining their “buy” call on ST Engineering with target prices of $4.70 and $4.30 respectively given its recent contract wins, especially in the marine division.
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