ST Engineering

ST Engineering sets up China-based aerospace JV - THE EDGE SINGAPORE

Aviation & Engineering

ST Engineering sets up China-based aerospace JV

The joint venture has a registered capital of RMB100 million
Maybank and RHB analysts maintain 'buy' calls on ST Engineering following 1QFY2023 business update - THE EDGE SINGAPORE

Broker's Calls

Maybank and RHB analysts maintain 'buy' calls on ST Engineering following 1QFY2023 business update

Maybank Securities expects ST Engineering's order book to increase to $27 billion by end of the year
Maybank keeps "buy" call and $4.10 target price on ST Engineering on expectations of all-round margin improvement - THE EDGE SINGAPORE

Broker's Calls

Maybank keeps 'buy' call and $4.10 target price on ST Engineering on expectations of all-round margin improvement

ST Engineering remains a long-term investment with strong upside growth.
Slew of new contracts seen to lift ST Engineering's order book to new peak - THE EDGE SINGAPORE

Investing ideas

Slew of new contracts seen to lift ST Engineering's order book to new peak

“We see ST Engineering as a unique play with a defensive yield and upside from strong growth in 2023 to 2025.”

Broker's Calls

CGS-CIMB estimates ST Engineering's navy contract to be worth at least $1.5 bil, maintains 'buy' call

CGS-CIMB estimates that ST Engineering's order book has hit $25 billion
CGS-CIMB sees $25 bil order book for ST Engineering with MINDEF, Taiwan rail contracts - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB sees $25 bil order book for ST Engineering with MINDEF, Taiwan rail contracts

This is up from an order book of $23 billion as at end-December 2022.

Contracts

ST Engineering subsidiary wins MINDEF contract for six combat vessels

The six vessels are expected to be delivered progressively from 2028 onwards.
ST Engineering, SIA Engineering 'flying under investors' radars' at attractive entry points: DBS - THE EDGE SINGAPORE

Broker's Calls

ST Engineering, SIA Engineering 'flying under investors' radars' at attractive entry points: DBS

“With several tailwinds in play, we are confident that the sector will deliver strong earnings growth over the next few years.”

Broker's Calls

Morningstar includes ST Engineering as a top pick among Asian industrial stocks

Morningstar sees ST Engineering’s earnings per share to grow at a 5-year CAGR of 12.3%
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