$SINGAPORE TECH ENGINEERING LT

2022-06-23

$SINGAPORE TECH ENGINEERING LTD(S63.SI)$...a defensive and recovery stick to invest and hold.

STE has three 3 businesses;

- defence, which is by nature defensive; let alone we're at a time when the world is having a on-going war

- aerospace engineering, in recovery from from COVID slowdown. Besides,STE has invested into aerospace OEM business like nacelles.

- smart city solutions. STE has a plethora of solutions in this space from road to rail to sky (satellite communications). Urbanisation is during the growth.

Now you see, a very defensive blue-chip conglomerate with steady businesses even during economic slowdown while has good growth potential for industry or economic recovery.

A buy to me.

What do you think?

💰 Stocks to watch today?(24 Jan)

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

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

Discoverable
2022-06-23
Discoverable
thanks I know of another stock
- 我i168:
  Which is...?
- NgKenny:
  Like
snoopy123
2022-06-23
snoopy123
good recommendation 👍🏻 $SINGAPORE TECH ENGINEERING LTD(S63.SI)$ price is up today [Grin]
- NgKenny:
  Like
我i168
2022-06-23
我i168
Driving the growth, not during...[Facepalm]
- NgKenny:
  Like
AyKing
2022-06-24
AyKing
Very stable stocks. After NDP parade, u see the various platforms and wonder how many had been develop by ste.
- NgKenny:
  Like
DonnaMay
2022-06-25
DonnaMay
Buying STE was the right move and I've held it for a long time.
- NgKenny:
  Like
我i168
2022-06-23
我i168
A recovery stock...[LOL] not a stick
- NgKenny:
  Like

Leave a comment

395

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After NDP parade, u see the various platforms and wonder how many had been develop by ste.","text":"Very stable stocks. After NDP parade, u see the various platforms and wonder how many had been develop by ste.","html":"Very stable stocks. After NDP parade, u see the various platforms and wonder how many had been develop by ste.","likeSize":2,"commentSize":1,"subComments":[{"id":102536411,"commentId":"102536411","gmtCreate":1656202074730,"gmtModify":1663252735741,"authorId":3582778356971864,"author":{"id":3582778356971864,"idStr":"3582778356971864","authorId":3582778356971864,"name":"NgKenny","avatar":"https://static.tigerbbs.com/4fdae3e0bdca8d3a33e7f9d619f0dc88","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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