ST Engineering

On Jan 8, when investors were spooked by the assassination of an Iranian general by the US, most Singapore stocks turned red. Among the key heavyweight counters, ST Engineering was the standout, closing higher that day instead.

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SINGAPORE (Jan 17): ST Engineering, with a big proportion of “buy” or equivalent calls from the street, is a relatively safe, yet compelling choice. The company suffered from a stretch of overall topline and earnings stagnation, but over the last coup

According to RHB analyst Shekhar Jaiswal, ST Engineering is slated to rake in a double-digit profit growth in 2020-2021 on the back of its record high orderbook and accretive acquisitions.

SINGAPORE (Dec 24): Although macroeconomic uncertainties remain, RHB Research remains optimistic on a “broad-based earnings recovery” which will see all sectors report y-o-y earnings growth. 

SINGAPORE (Dec 20): It has been a good year for engineering group ST Engineering, which has seen all-round growth from its various business units. It received orders from both defence and commercial customers and earnings increased from its existing busi

SINGAPORE (Nov 15): ST Engineering has often claimed that its business units are synergistic across the board.

SINGAPORE (Nov 18): ST Engineering sees its aerospace arm’s acquisition of US-based nacelle manufacturer Middle River Aerostructure Systems (MRAS) as a key step in its move to go upstream in the aerospace value chain.

SINGAPORE (Nov 11): ST Engineering’s 3QFY2019 results ended Sept 30 saw revenue up 27% to $2.07 billion as all divisions posted revenue increases across the board.

SINGAPORE (Oct 14): Analysts are bullish on ST Engineering on the back of future trends of its satcom business and recent acquisitions, which are expected to contribute positively to this segment’s growth.