KienBoon
11-18

$ST Engineering(S63.SI)$  

Why ST Engineering keeps moving southwards?

Anyone knows ? Can't seem to locate any negative news. Thought latest earnings was quite up to expectations. [Speechless]  [Speechless]  [Speechless]  

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Comments

  • Trendor
    11-19
    Trendor
    The latest earning result is out. Buy on rumours, sell on news. Haven’t you heard of that?
    • KienBoon
      i see. Better don't sell if good news. Cheers.
  • koolgal
    11-19
    koolgal
    I believe it will continue to rise long term. 
    • KienBoonReplykoolgal
      yea. Payout on every Q is good indeed. Assuming 16c is abt 3.6% currently. Hope they can increase it to 5c per Q in near future.
    • koolgalReplyKienBoon
      I love its dividends too.
    • KienBoon
      Agreed too. It will continue to grow  in the defend industries especially. Moreover Temaesk is the major shareholder. The dividend is quite consistent as well at 4c per Q. Thanks.
  • popoz
    11-18
    popoz
    the stock grew 30% since Jan 2025. it's quite the bull run for a legacy sgx stock. this the reason why stock picking is risky. take profit while we can. realised gains is always better, recycle and reinvest assets
  • koolgal
    11-19
    koolgal
    ST Engineering is a Singapore defence company, majority owned by Temasek.
  • popoz
    11-18
    popoz
    Trump is ending the war. likely less significant gains expected
  • koolgal
    11-19
    koolgal
    Just a temporary setback.
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