Singapore Technologies (ST) Engineering

ST Engineering doubles down on aviation recovery with new $170 mil facility - THE EDGE SINGAPORE

Corporate moves

ST Engineering doubles down on aviation recovery with new $170 mil facility

ST Engineering's new Changi Creek facility will be its fourth in Singapore.

Broker's Calls

PhilipCapital initiates ‘buy’ on ST Engineering from tailwinds from higher security spending and MRO demand

ST Engineering's commercial aerospace (CA) sector will see a rise in aerospace maintenance, repair and overhaul (MRO) services.
RHB remains positive on ST Eng for its ‘strong’ earnings potential and ‘well-supported dividend yield’ - THE EDGE SINGAPORE

Broker's Calls

RHB remains positive on ST Eng for its ‘strong’ earnings potential and ‘well-supported dividend yield’

RHB Bank stays positive on Singapore Technologies Engineering as the company continues to display strong earnings potential.
DBS downgrades SIA to 'hold', urges switch to ST Engineering, SATS instead - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades SIA to 'hold', urges switch to ST Engineering, SATS instead

DBS analysts believe SIA's earnings may peak in FY2024 as supernormal passenger yields revert to more normalised levels.

Investing ideas

Singapore aviation services poised to continue to soar: Maybank

SINGAPORE (Nov 26): Maybank Kim Eng Research is positive on the Singapore aviation services sector for 2020, with a pick up in the number of events in 2020 expected to fuel the sector’s continued outperformance.

Contracts

ST Engineering's marine arm secures $560 mil new contracts in 4Q18

SINGAPORE (Jan 14): ST Engineering says that its marine arm has secured $560 million worth of new contracts in 4Q18.

Broker's Calls

ST Engineering kept at 'buy' on steady growth, reasonable yield

SINGAPORE (Aug 10): RHB is maintaining its “buy” recommendation on ST Engineering with a lowered target price of $3.97.

Broker's Calls

ST Engineering stays on track for strong growth, analysts say

SINGAPORE (May 14): RHB Research is keeping its “buy” call on ST Engineering (STE) with an unchanged target price of $4.04 despite a 1Q18 that came in slightly below expectations.

Broker's Calls

Why ST Engineering’s latest acquisition was a steal

SINGAPORE (July 18): UOB Kay Hian is positive on Singapore Technologies (ST) Engineering’s acquisition of a 100% stake in US robotics company Aethon Inc., which was announced yesterday and will be at a consideration sum based on an enterprise value of U

Tech

ST Engineering acquires US robotics company Aethon valued at $50 mil

SINGAPORE (July 17): ST Engineering has, through its wholly owned subsidiary Vision Technologies Systems (VT Systems), has agreed to acquire a 100% stake in US robotics company, Aethon Inc. 
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