Sunday, July 23, 2023

Singapore Technology Engineering- results will be out on 11th August 23

 



TA wise,  she is still stucked in a consolidation mode! The major overhead resistance is around 3.78-3.80.

It will need a catalyst to cross this hurdle if not, price would continue to be trading in the range bound of 3.58 to 3.80.

Yield is about 4.3% of which is not too bad!

A 5% yield would be much preferable. 

Not a call to buy or sell!

Please dyodd.


At ST Engineering, we apply our technology and innovation to solve real-world problems and improve lives. Our dedication to excellence and our strong track record have earned us a distinctive reputation for quality and trust as a global technology, defence and engineering group. Our diverse portfolio of businesses spans the aerospace, smart city, defence and public security segments.



We succeed because of our ability to deliver what our partners and





customers need. Together, we transform and future-proof cities to make them more mobile, more secure and more liveable for communities. With our expertise and facilities around the world, we keep aircraft flying safely and seagoing vessels operating efficiently.

We help nations protect their citizens by meeting their air, land and sea defence needs and equipping their fighting forces to perform on the battlefield. Our cybersecurity and critical systems help our customers enforce public and homeland security in an increasingly digital world. And our satellite communications equipment contributes to much of the world’s network connectivity.

Our global network of subsidiaries and associated companies spans Asia, Europe, the Middle East and the U.S.

 

In the U.S., our major operations span over 50 cities in 22 states, employing more than 6,000 people who provide innovative products and solutions to commercial and government customers across diverse market segments.

We meet every challenge with an effective and competitive response so that our customers in more than 100 countries are better prepared, better protected, and better connected for a more sustainable future. The power behind all of this is our global workforce, inspired by a common commitment and vision. Ours is a team that knows what it takes and we are committed to challenging, changing and securing the future.

NAV is about 0.77.

Yearly dividend of 0.16.

Yield is about 4.3%.

PE is about 21x.

First quarter Financial results update:




Total Revenue growth 1.3% from 2b to 2.3b.

Quarterly dividend of 4 cent per share.

Not a call to buy or sell!

Please dyodd.


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