Aerospace

SINGAPORE (Nov 10): OCBC Investment Research is maintaining its “hold” call on Singapore Technologies Engineering with a fair value estimate of $3.41 following the group’s latest announcement of its 3Q17 financial results.

SINGAPORE (May 15): UOB Kay Hian has downgraded ST Engineering from “buy” to “hold” even as it raised its target price to $3.90 from $3.70 previously.

SINGAPORE (May 12): ST Engineering announced 1Q17 earnings of $103.4 mil, 6% lower from $110.2 million reported in the previous year on lower revenue.

SINGAPORE (Feb 16): ST Engineering posted $484.5 million in earnings for the full year ended Dec 2016, 8% down from its profit of $529 million a year ago.

SINGAPORE (Jan 19): ST Engineering’s aerospace and electronics business segments had jointly reported a record high in new contracts for 4Q16 of $1.54 billion. This came on top of the $138 million in new contracts from the marine segment.

SINGAPORE (Nov 10): ST Engineering, the engineering solutions provider, posted a 42% decline in 3Q16 earnings to $76.7 million from $133.3 million a year ago.

SINGAPORE (Oct 14): CIMB has maintained its “add” call on ST Engineering with a target price of $3.60 as new CEO Vincent Chong seeks to divest non-performing businesses at a faster pace but remains focus on engineering, defence and electronics as its