$ST Engineering(S63.SI)$ ST En

ST Engineering seems to restart its soaring direction. Hope that it can sustain further with the upward trend. Recent considerable improved target prices by RHB, CGS and Maybank definitely helps to reverse the last dip. In the longer term, ST should move nearer to the target prices in view of its high book orders, etc.. Moreover, it aims for SGD17bil in revenue by 2029 as well, which is an excellent direction from the company moving forward. Also understand that company will maintaits R&D spending at 4-5% of revenue for the next 5 years (BT: 18Mar). This is crucial in terms of future expansion as enhance or improved technology is essential to keep up with the right market demand. With good mangement plans in place, ST Engineering will be even brighter as Singapore sole defend company. Hope that more long term investors will take notice of ST Engineering. Cheers. [Smile] [Smile] [Smile]

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":417630199328888,"tweetId":"417630199328888","gmtCreate":1742960078472,"gmtModify":1742961666162,"author":{"id":3583571359572641,"idStr":"3583571359572641","authorId":3583571359572641,"authorIdStr":"3583571359572641","name":"KienBoon","avatar":"https://community-static.tradeup.com/news/e7090d1e1d330d9f46f450df88abac91","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Published at least 3 PICK posts (or 10 IDEA posts) and, within the past 30 days, posted at least 1 PICK post (or 4 IDEA posts) and 1 comment","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.22","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":115,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/S63.SI\">$ST Engineering(S63.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\nST Engineering seems to restart its soaring direction. Hope that it can sustain further with the upward trend. Recent considerable improved target prices by RHB, CGS and Maybank definitely helps to reverse the last dip. In the longer term, ST should move nearer to the target prices in view of its high book orders, etc.. Moreover, it aims for SGD17bil in revenue by 2029 as well, which is an excellent direction from the company moving forward. Also understand that company will maintaits R&amp;D spending at 4-5% of revenue for the next 5 years (BT:&nbsp;18Mar). This is crucial in terms of future expansion as enhance or improved technology is essential to keep up with the right market&nbsp;demand. With good mangement plans in place,&nbsp;ST Engineering will be even brighter as Singapore sole defend company. Hope that more long term investors will take notice of ST Engineering. Cheers.&nbsp;[Smile]&nbsp;&nbsp;[Smile]&nbsp;&nbsp;[Smile]&nbsp;</body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/S63.SI\">$ST Engineering(S63.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp;\nST Engineering seems to restart its soaring direction. Hope that it can sustain further with the upward trend. Recent considerable improved target prices by RHB, CGS and Maybank definitely helps to reverse the last dip. In the longer term, ST should move nearer to the target prices in view of its high book orders, etc.. Moreover, it aims for SGD17bil in revenue by 2029 as well, which is an excellent direction from the company moving forward. Also understand that company will maintaits R&amp;D spending at 4-5% of revenue for the next 5 years (BT:&nbsp;18Mar). This is crucial in terms of future expansion as enhance or improved technology is essential to keep up with the right market&nbsp;demand. With good mangement plans in place,&nbsp;ST Engineering will be even brighter as Singapore sole defend company. Hope that more long term investors will take notice of ST Engineering. Cheers.&nbsp;[Smile]&nbsp;&nbsp;[Smile]&nbsp;&nbsp;[Smile]&nbsp;</body></html>","text":"$ST Engineering(S63.SI)$ ST Engineering seems to restart its soaring direction. Hope that it can sustain further with the upward trend. Recent considerable improved target prices by RHB, CGS and Maybank definitely helps to reverse the last dip. In the longer term, ST should move nearer to the target prices in view of its high book orders, etc.. Moreover, it aims for SGD17bil in revenue by 2029 as well, which is an excellent direction from the company moving forward. Also understand that company will maintaits R&D spending at 4-5% of revenue for the next 5 years (BT: 18Mar). This is crucial in terms of future expansion as enhance or improved technology is essential to keep up with the right market demand. With good mangement plans in place, ST Engineering will be even brighter as Singapore sole defend company. Hope that more long term investors will take notice of ST Engineering. Cheers. [Smile] [Smile] [Smile]","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/417630199328888","repostId":0,"isVote":1,"tweetType":1,"viewCount":578,"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":false,"length":771,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/417630199328888"}