|Bid||3.48 x 0|
|Ask||3.49 x 0|
|Day's range||3.40 - 3.51|
|52-week range||3.16 - 3.86|
|PE ratio (TTM)||21.28|
|Earnings date||10 May 2018 - 14 May 2018|
|Forward dividend & yield||0.15 (4.32%)|
|1y target est||3.80|
It inked a deal with Surbana Jurong and Changi Airport Planners and Engineers to collaborate on future projects. ST Engineering joined forces with Surbana Jurong and Changi Airport Planners and Engineers Pte Ltd (CAPE) to form a consortium of Singapore-based companies that will participate in overseas airport development projects. Projected global airport development expenditure is expected to hit US$1t up to 2058, the three said.
The latest quarter saw some companies posting profit declines, and the list includes Thai Beverage Public Company Limited (SGX:Y92) and Singapore Technologies Engineering Ltd (SGX:S63).
What are the positive as well as negative takeaways from Singapore Technologies Engineering Ltd's (SGX:S63) latest earnings?
* Philippines leads gainers in region * Thai shares on track for eighth straight session of losses * Most indexes set to fall on week By Susan Mathew March 9 (Reuters) - Most Southeast Asian stock markets ...
9 key points from Singapore Technologies Engineering Ltd's (SGX:S63) latest earnings update.
A look at Singapore Technologies Engineering Ltd’s (SGX: S63) 2017 financial performance.
In this first part, we look at some of the companies that could benefit (or be harmed) from the 2018 Budget released earlier this week.
No more speculation. No more rumours. No more testing of the waters. On Monday at 3:30pm we will find out how the Singapore government plans to reconcile its expenditure with revenues. Yes, it’s annual Budget time…. …. So how will revenues be raised to cover increased spending. Will it be income tax? GST? Capital gains […]
Comparing Singapore Technologies Engineering Ltd's (SGX:S63) current valuation with the overall market.
Singapore Technologies Engineering Ltd (ST Engineering) announced today that its electronics arm, Singapore Technologies Electronics Limited (ST Electronics), has clinched about $742m worth of contracts in the fourth quarter of 2017. According to a press release, the contracts comprised Rail Electronics & Intelligent Transportation, Satellite & Broadband Communications, as well as Advanced Electronics and Information Communications Technologies (ICT) solutions. Rail Electronics and Intelligent Transportation contracts of more than $160m were secured from overseas and local customers.
Walter Schloss, who was dubbed a Superinvestor by Warren Buffett, was a deep value investor. In Singapore, even among the blue-chip companies of the Straits Times Index (SGX: ^STI), there are a few stocks that are flirting with their respective 52-week low prices. Let’s look at three of them – Wilmar International Limited (SGX: F34), Singapore Technologies Engineering Ltd (SGX: S63) and Comfortdelgro Corporation Ltd (SGX: C52) – starting with the stock that is closest to its 52-week low price.
It has a low base, which saw $54m in provisions at ST Kinetics. Singapore Technologies Engineering (ST Engineering) is releasing results on November 8 and despite a profit guidance of "comparable" ...
ST Engineering announced that its electronics arm has clinched about $585 million worth of contracts in .
ST Engineering launched its engineering-based incubator, Innosparks, that will address needs in mobility, energy, healthcare, and related sector. "This open innovation architecture is unique in that it drives a fast-fail fast iteration approach, helping individuals/startups to design for market right at the start, iteratively building and testing their prototypes to be commercially viable products within 18 months or less," ST Engineering said. Once the innovators enter the commercial scaling stage, they will be connected to ST Engineering's corporate venture unit, ST Engineering Ventures.
It will hold a minority interest in the firm. Singapore Technologies Engineering (ST Engineering) has made a series B investment of $7.8m in US-based cybersecurity firm Janus Technologies. According to a press release, the investment will give ST Engineering a minority interest in the firm.
The Malaysian Palm Oil Board released data which revealed an 8.8% m-o-m rise in Malaysia’s palm oil stocks, a 0.9% drop in palm oil production and a 6.4% increase in exports.
The main source of headache ST Engineering had in the past quarter was its marine segment. According to DBS Group Research, cost provisions were made for two liquefied natural gas (LNG)-powered ConRo vessels under construction at VT Halter Marine, ST Engineering’s US shipbuilding subsidiary. This accounted for the majority of the $22m profit before taxes (PBT) loss at the shipbuilding business and thus a $8m PBT loss for the marine segment as a whole.
The Islamic State of Iraq and Syria (ISIS) recently suffered a major defeat in the old city of Mosul, Iraq. However, as it loses territories in the Middle East, cells of the terrorist group have announced their desire to create a “wilayah” or state in South East Asia.
Singapore Technologies Engineering Ltd (ST Engineering) announced that Vision Technologies Land Systems, Inc. (VTLS), and its wholly-owned subsidiary, VT Robotics, Inc. (VT Robotics) have entered into a definitive agreement (Merger Agreement) with Aethon, Inc. (Aethon or the Company) for the acquisition of 100% interest in Aethon. This acquisition will be carried out by way of a merger (Proposed Transaction).
After it posted a 6.1% slump in net profit for the past quarter, ST Engineering is optimistic with its long-term outlook given its initiatives that are expected to bear fruit in the coming years. According to UOB KayHian, ST Engineering has secured deals that can boost the group's activity in the next few years, particularly in the cyber security solutions side. For one, it managed to win a contract from the Sri Lankan government to provide consultancy services for its national cyber security operations.
Aerospace, Land System, and Marine segments were lacklustre in Q1. Singapore Technologies Engineering failed to shine this quarter with its weak aerospace, land system, and marine segments. For the past ...
The bulk of the projects is for ICT solutions. Singapore Technologies Engineering revealed that its electronics arm has amassed contracts with a total deal value of $464m in the first quarter of the year. ST Engineering secured about $318m worth of Advanced Electronics & ICT contracts, including for Integrated Security Management System, the enhancement of communications and network systems, delivery of Advanced Meter Readers, as well as customised training solutions.