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ST Engineering
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ST Engg
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investor7
Senior |
21-Jan-2016 12:26
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The past years STE gave out 11 to 12 ct in each April, and arnd 4 ct in Aug. The CEO said business outlook is stable, and with low debt and strong orderbook, our army contractor shd be quite defensive. Especially no exposure to China and oil.   :) |
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erhaier
Senior |
20-Jan-2016 17:40
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yes, its our only defense theme stock in SG, so to speak.
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investor7
Senior |
20-Jan-2016 17:35
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Showing resilience while all strongholds even SPH hv fallen. Recent months ST Eng kept winning contracts boosting its orderbooks. But why is it being defended amidst mkt carnage? May be in anticipation of war spreading in middle east, which looks more and more likely. ST Eng dont only make and sell tanks, firearms to our own army, it has plants in US to make weapons.  |
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spore1
Supreme |
20-Jan-2016 15:55
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Could be comp is buying back shares to prevent it from falling .Let see how long can it defence | ||||
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sgng123
Supreme |
20-Jan-2016 15:43
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Don count on it, after they done demolish banks, property, oil/gas they would go for defensive like steng and sph. Noone spared in this rout unless tgt of m& e like tigerair, nol and semb marine |
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erhaier
Senior |
20-Jan-2016 15:34
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ST Eng showing great resilience in the current mkt end-of-the-world fabricated drama sentiment. |
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spore1
Supreme |
07-Jan-2016 09:57
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One of the stronger defensive counter. Below 2.90 may b gd to consider | ||||
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bishan22
Supreme |
07-Jan-2016 09:37
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Revisited again......
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spore1
Supreme |
04-Jan-2016 11:53
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$2.88 will make it even better.
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bishan22
Supreme |
04-Jan-2016 11:38
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Reload at 290...........
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ecekca
Elite |
30-Dec-2015 21:37
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Defensive stock but no where to hide ... Try Sheng Siong. It has been very resilient to the market movement
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Tys5115
Member |
30-Dec-2015 19:23
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Not bad today. Hope will maintain this going into 2016 and not bcos of window dressing.
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nngeeh
Veteran |
29-Dec-2015 23:33
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Hopefully. This is a defensive stock, and will fare better than pure O& G related blue-chip like SembC Marine. Beside the Marine sector, it can also depends on Aerospace, Electronics and Land systems sectors. Furthermore, they also get on Marine Corps' shortlist for $2b contract in a two-year- long evaluation againest the other rival British defence manufacturer BAE Systems. The Pentagon on Tuesday said each firm will have to build 16 vehicles to be delivered from January till 2017 for field tests, with the eventual winner producing more than 200 vehicles by 2020. The anticipation for this deal could help to support the price even though the result could only be known in 2017.
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Qanghoo
Supreme |
29-Dec-2015 20:34
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Probably positioning for Jan rise when funds are back?
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nngeeh
Veteran |
29-Dec-2015 18:12
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Surprisingly, the price closed at $3.02 even though it reached $2.99 for the last 2 days. I think yesterday was T+5 since the last run up from 2.8+ .... so, there was some selling. Looks like the selling was well absorbed for the past 2 days. Does this mean that the share can proceed to move up north from now on?
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nngeeh
Veteran |
29-Dec-2015 16:05
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It' s very hard to tell whether it' s accumulating or distributing. The price hovers between $3 and $3.01. One moment, the buy queue at $3  was 99 (and sell queue  was less than 50), the next moment, it swaps .... the buy queue  of $3  was 20, and sell queue at $3.01 was 99.  It keeps swapping.  |
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spore1
Supreme |
23-Dec-2015 15:45
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Seems MKT is softening now.May close lower at $3
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spore1
Supreme |
22-Dec-2015 20:54
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Trend is gaining strength to move up.Off course is always gd to take profit
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Ray12888
Veteran |
22-Dec-2015 20:37
Yells: "MoneyInTheChart com / blog" |
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Very Bullish today. $2.88 is a very strong support base.   |
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Tys5115
Member |
22-Dec-2015 18:40
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Good volume today | ||||
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