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@我i168：$SINGAPORE TECH ENGINEERING LTD(S63.SI)$...does STE have potential for a break out here? I think so. While it is close to its 52W high and its share price is at the top range of along-term uptrend channel, STE has gathered many new growth thrusts than ever before. - aerospace engineering. STE has invested heavily in recent years in aircraft parts OEM and P2F conversion businesses. Its aircraft maintenance engineering business should also be on recovery course with air travel back to normalcy. - smart city solutions. STE has added Transcore to its solution portfolio and increased its business presence inUS markets. Smart city solutions, including transportation, communication,sustainability, etc., are in secular growth for many years to come. - defence solutions. This part of business is defensive in nature, it plays a critical role to Singapore's defence capabilities. On top, STE's capabilities and solutions are getting increasing international recognition, which means good business in this not so peaceful world. To conclude, I think that STE is more than a defensive play and it has many growth catalysts. Therefore, I think STE has the potential to break the current uptrend into a new up chancel that is one step above the current. What do you think?
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