Sign in to continue:
Type a stock name or symbol, then select from the suggestions.
Posted on March 26, 2024 at 11:52 am (GMT+8)
OCBC issued a report stating that ST Engineering (STE) is “underappreciated” by investors.
The report highlights STE’s top earnings growth among FSSTI stocks and its diversified business model operating in industries experiencing recovery and growth. Despite restructuring efforts and extraordinary items affecting earnings, the report suggests that investors have not fully recognized STE’s potential, particularly in FY23.
The report also mentions STE’s margin expansion prospects, with management reaffirming its guidance for the passenger-to-freighter programme and firm delivery pipelines.
STE’s order book is noted as the highest among peers, providing earnings visibility. The report maintains an “Add” recommendation with an unchanged target price of S$4.36, citing steady order book build-up and execution as reasons. Potential risks include a global economic slowdown and labour cost pressures.
Minichart has a buy signal today. Here is the target:
Buy Entry price:$4.03Target Price:$4.11Stop Loss Price: $3.89
After navigating a volatile 2024, the semiconductor industry is set to enter a broad-based recovery in 2025, with analysts pointing to Singapore-listed players such as Frencken Group and Grand Venture Technology (GVT) as potential...
Broker Name: OCBC Investment Research Date of Report: 14 November 2025 Excerpt from OCBC Investment Research report. Report Summary SATS Ltd delivered strong 1HFY26 results, with revenue and PATMI up 9.1% and 11.2% year-on-year,...
Title: Continued Growth Amidst Rising Coffee Prices – Food Empire Holdings Ltd. March 17, 2025 | KGI Securities (Singapore) Pte. Ltd. Continued Growth Amidst Rising Coffee Prices Food Empire Holdings Ltd. Sustained Increase in...
