Wednesday, August 22, 2018

ST Engineering

Looking at their financial numbers for the past 5 years, we can notice that the Total revenue has generally rising marginally from $6.5b to $6.7b.

Net Income is almost flat from $531m to about $540m.

Diluted EPS is withing the range of 11 cents to 12.7 cents.

But dividend paying out has been increased from 8 cents to 15 cents .

Yield is about 4.5% which is quite nice..

From TA point of view, it seems like it is trying to do a Reversal from the current position.
We can notice a Bullish Engulfing candlestick appeared yesterday covering the previous day candlestick.
Looks rather bullish! Stochastic is also showing sign of a positive divergence.

I think it may likely head higher to retest $3.35 then $3.41 level.

Not a call to buy or sell.

Please do your own due diligence.

Singapore Technologies Engineering Ltd provides integrated defense and engineering services worldwide. It operates through four segments: Aerospace, Electronics, Land Systems, and Marine. The Aerospace segment provides maintenance, repair, and overhaul services (MRO) in airframe, component, and engine; aviation materials and asset management services, as well as aircraft interior solutions; training services for pilot and technical vocations, as well as air charter services; and engineering and design solutions, including passenger-to-freighter conversions and aircraft seats, as well as aviation support services. The Electronics segment provides electronic and infocomm technology, intelligent transportation and telematic, satellite communications and remote sensing satellite, sensors and electro-optic, and defense and homeland security solutions, as well as modelling, simulation, and edutainment solutions for e-government, rail and intelligent transportation, satellite communications, cyber security, and others. The Land Systems segment provides integrated land systems, specialty vehicles, and related life support services for defense, homeland security, and commercial applications. This segment also offers mobility solutions, weapons and ammunitions, munitions, soldier systems, logistics, and training and MRO services. The Marine segment offers shipbuilding, repair, and conversion services for naval and commercial vessels. This segment provides turnkey solutions, including concept definition, basic design, detailed and production engineering, construction, system installation and integration, testing, commissioning, and through-life support; ship repair and ship conversion services; and sustainable environmental engineering solutions. The company was incorporated in 1997 and is headquartered in Singapore.

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