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ST Engineering
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ST Engg
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ahjuma
Member |
21-Feb-2019 11:31
Yells: "annyeonghaseyo" |
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is now a good entry point? or should wait a little more? | ||||
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Starship
Supreme |
21-Feb-2019 09:50
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Profit actually increased, but a one-off $25m tax charged reversed that ....................... ST Engineering Q4 profit drops 26% to S$124.5m after one-off charges THU, FEB 21, 2019 - 8:59 AM SINGAPORE Technologies (ST) Engineering reported a 26 per cent drop in net profit to S$124.5 million for its fourth quarter from S$160.5 million a year ago, after one-off pre-tax charges of S$25 million related to portfolio rationalisation and its acquisition of General Electric' s MRA Systems. Excluding the one-time charges, pre-tax profit would have been seven per cent higher  at S$185.6 million and net profit would be up one per cent at S$149.1 million if the prior year&rsquo s  one-off favourable US tax adjustment of S$20 million was excluded as well, the company said in a regulatory filing before Thursday' s market open. Revenue for the three months to Dec 31 rose 5 per cent higher to S$1.77 billion. Further breaking down its financials, ST Engineering said excluding one-off charges of S$32.6 million (after tax) in FY2018 and absence of prior year&rsquo s one-off favourable US tax adjustment of S$20.3 million, net profit for the year would have been nine per cent higher at S$526.8 million. " We continue to invest in growth initiatives and capabilities including data analytics and cybersecurity to drive long-term sustainable growth, backed by a healthy level of order book that provides revenue visibility for the next few years," he added.  https://www.businesstimes.com.sg/companies-markets/st-engineering-q4-profit-drops-26-to-s1245m-after-one-off-charges |
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MichaelSchenker
Master |
21-Feb-2019 09:40
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Ah..okay....if that is the case, I will standby to attempt to buy buy back whatever I sold last month. I would start accumulating anything below 3.6 hopefully in time for final dividends in May.
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Whathappen
Senior |
21-Feb-2019 09:28
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Poor results
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MichaelSchenker
Master |
21-Feb-2019 09:15
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Did somebody make a mistake by keying Sell 3.67 instead of 3.76 ? If no mistake, why sudden drop by 10 cents after opening? Anything heard? |
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Starship
Supreme |
19-Feb-2019 15:18
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With the increase in defence budget, STE will be getting more contracts from SAF. The submarines are all coming back. And there' s also the F35s going to be ordered. And of course the various upgrades to other land, air and sea systems across all categories.  |
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$warrior
Master |
15-Feb-2019 19:36
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Lai lai lah - pullback to 371 today lets see whether it will shoot up on Monday!   Exciting times!   Might head for Mars.   However me thinks it will go to 3.68 before rebounding again.   Then again Mr Market does not really care about what I think.
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gopguppy
Veteran |
15-Feb-2019 11:37
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Price has gone up so high in last few weeks.....can we see $3.4 or $3.5XX again?? Is this price rise sustainable??
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alidaud
Senior |
14-Feb-2019 18:19
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Support at 3.71 and resistance to break at 3.81  ![]() http://www.cakap.net/gann-square-of-9/?s=st%20eng& cp=3.78   |
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Starship
Supreme |
14-Feb-2019 17:50
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Space: the Final Frontier............To Boldly Go Where No Man Has Gone Before!........................![]() ST Engineering in joint venture with DSO for satellite analytics, new space technologies THU, FEB 14, 2019 - 10:49 AM SINGAPORE Technologies Engineering' s (ST Engineering) electronics arm has signed an agreement with DSO National Laboratories (DSO) to set up a joint venture (JV) company. This is DSO' s third joint venture with ST Engineering to date and will see ST Engineering making a planned investment of US$3 million for a 51 per cent stake in the JV company, with the remaining 49 per cent to be held by DSO. The company, named ST Engineering Geo-Insights, looks to offer analytics, information products and value-added services based on satellite imagery to address growing global demand for timely insights that enable better and faster business decisions. It also aims to tap emerging new space technologies to pursue potential business opportunities for low cost small satellites, or smallsat constellation design, development, manufacturing and operation.
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investshare
Supreme |
19-Jan-2019 11:56
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Actually for ST ENG, as Long as they can deliver the contract and sustain the momentum, it will be doing very well.
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MichaelSchenker
Master |
19-Jan-2019 10:32
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The perceived Good News is actually a regular announcement of contract deals. ST engg is expected to win billions in contracts every year, and so far they are consistently good. Few days ago, they announced ST Aero $450mil contract win. Also, some market watchers believe ST engg is undervalued. (See earlier post in this thread)
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investshare
Supreme |
18-Jan-2019 23:14
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What?s the good news?
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MichaelSchenker
Master |
18-Jan-2019 16:49
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Spike today? 3.68/3.69 Last Done: 3.69 Last 2 tranches to Sell and I am done!   |
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MichaelSchenker
Master |
14-Jan-2019 22:51
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Will it reach 3.65 or will it retreat back to 3.47. Which is more probable? Which is faster to reach? I dont know, that is why I am on both the Buy & Sell queues concurrently. If no deal, just wait. |
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MichaelSchenker
Master |
10-Jan-2019 18:05
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Indeed looking strong today, closing on the high of 3.60 CD should be in Apr/May, still plenty of time to flip. Yes, so far I have always had my dividends, this year no diff. I will buy back whatever I sold if it goes below 3.50 again.
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rainbowman
Senior |
10-Jan-2019 17:00
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wait a bit for dividends lah..
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MichaelSchenker
Master |
10-Jan-2019 15:51
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Mine sold @ 3.59 (10,000 units) hopefully can buy back if the price retreats again Good Luck to those buying/selling!
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MichaelSchenker
Master |
10-Jan-2019 15:04
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Apparently, the big boys are buying up, lately. Anybody into Selling to them? BBs may have the advantage over us small-time players, but they are not always right. I will set my Sell TP higher |
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MichaelSchenker
Master |
08-Jan-2019 20:14
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a more recent article... https://www.theedgesingapore.com/st-engineering-and-vuzix-launch-augmented-intelligence-smart-glasses-platform   ST Engineering and Vuzix launch Augmented Intelligence smart glasses platformBy: 
PC Lee
SINGAPORE (Jan 7): ST Engineering and Vuzix Corporation, the developer of smart glasses and Augmented Reality (AR) products, have launched the world&rsquo s first Augmented Intelligence, biometric-enabled smart glasses platform. Developed by ST Engineering&rsquo s electronics division, the platform as a service (PaaS) is a new pay-per-use application integrated with Vuzix Blade Smart Glasses, enabling hands-free identification. The PaaS Smart Glass solution will be available for preview at CES 2019 from tomorrow to Friday in Las Vegas, Nevada. With this PaaS model, enterprise customers in the healthcare, aviation, logistics and manufacturing industries can help save costs without the need of additional equipment. The solution allows customisation of a number of applications. These include hands-free scanning of barcodes for efficient cargo loading and delivery real-time cross-referencing against a central database of criminal offenders and displaying route maps to criminal suspects in the vicinity. In times of medical emergencies, it enables first responders to more efficiently identify causalities or patients and obtain vital information such as medical histories of allergies and blood type.  
Low Jin Phang, General Manager of Info-Software Systems, Electronics, ST Engineering, says, &ldquo With the Vuzix Biometric Smart Glasses, enterprises and security agencies will be able to mobilise frontline and field workers with up to 50% enhanced productivity as a result of streamlined work processes.&rdquo Paul Travers, President and CEO of Vuzix, says, &ldquo Vuzix is committed to delivering innovative AR smart glass solutions that are lightweight, wearable all day and deliver information to users across the enterprise when and where they need it.&rdquo As at 3.03pm, shares in ST Engineering are up 2 cents to $3.49. |
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