This is really good news for S

This is really good news for ST Engineering with the target price increased by RHB and CGS.

Understand that Maybank also increased the target price for ST Engineering to $7.1 (20Mar) based on higher cash flows and lower WACC, etc. These positive research and analysis done would boost the share performance further indeed. Associated market confidence level and sentiment would be raised as well. Hope that ST Engineering would continue to maintain its forward momentum in moving forward. Trust that it would continue to expand and grow the defend businesses in the optimum path by the management level. Cheers... [Grin] [Grin]

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ST Engineering Rally: A Better Buy Than Other Blue-Chip Stocks?

Analysts were bullish on ST Engineering, hiking their target prices for the counter as they cited a positive outlook and strong growth prospects. It announced its five-year targets at its investor day. Recent surge brought its PE ratio to around 30, above those of other blue-chip counters such as UOB, DBS, OCBC and SIA, which had PE ratios in the range of 7.8 to 11.5, according to Yahoo Finance data. Its share price has been on a tear through the year. ---------- Is ST Engineering a good buy or not compared to other blue chip stocks? What's your target price for ST Engineering?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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tiger_cc
03-21
tiger_cc
Cheers.

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It announced its five-year targets at its investor day. \nRecent surge brought its PE ratio to around 30, above those of other blue-chip counters such as UOB, DBS, OCBC and SIA, which had PE ratios in the range of 7.8 to 11.5, according to Yahoo Finance data.\nIts share price has been on a tear through the year.\n----------\nIs ST Engineering a good buy or not compared to other blue chip stocks?\nWhat's your target price for ST Engineering?","image":"https://community-static.tradeup.com/news/5d1e4a65818e73afc2b1cd734677f90d"}],"images":[],"coverImages":[],"html":"<html><head></head><body>This is really good news for ST Engineering with the target price increased by RHB and CGS.\nUnderstand that Maybank also increased the target price for ST Engineering to $7.1 (20Mar) based on higher cash flows and lower WACC, etc. These positive research and analysis done would boost the share performance further indeed. Associated market confidence level and sentiment would be raised as well. 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Cheers...&nbsp;[Grin]&nbsp;&nbsp;[Grin]&nbsp;&nbsp;</body></html>","text":"This is really good news for ST Engineering with the target price increased by RHB and CGS. Understand that Maybank also increased the target price for ST Engineering to $7.1 (20Mar) based on higher cash flows and lower WACC, etc. These positive research and analysis done would boost the share performance further indeed. Associated market confidence level and sentiment would be raised as well. Hope that ST Engineering would continue to maintain its forward momentum in moving forward. Trust that it would continue to expand and grow the defend businesses in the optimum path by the management level. Cheers... [Grin] [Grin]","highlighted":1,"essential":1,"paper":1,"likeSize":38,"commentSize":1,"repostSize":1,"favoriteSize":0,"link":"https://ttm.financial/post/415857106866600","repostId":1141113999,"repostType":2,"isVote":1,"tweetType":1,"viewCount":2069,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["S63.SI"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":527,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":415823939878912,"commentId":"415823939878912","gmtCreate":1742548301695,"gmtModify":1742548306452,"authorId":9000000000000639,"author":{"id":9000000000000639,"idStr":"9000000000000639","authorId":9000000000000639,"name":"tiger_cc","avatar":"https://community-static.tradeup.com/news/d6358062550fc5d8be9f8c6ad5aac6d3","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":415857106866600,"objectIdStr":"415857106866600","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Cheers.","text":"Cheers.","html":"Cheers.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0,"disclaimerType":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/415857106866600"}