Good News
~Robust order book at $18.2b compare with 3Q2020 is $15.8b. 15% increase.
~3Q21 Revenue growth +27% to S$607m from S$471m (3Q20)
~$180m cost saving plan for FV21 to offset short of -$150m from government support is on Target.
Buy in now at $3.82 & keep til FY21 result come on Feb2022 see the result.
(TP : $4.20 / +10% by APR2022)
DYODD. Happy Invest. 🍻
Investphil : ya but stock price went up by 1 cent only
Ricky138 : Share price held up by uncertainty in the big outlay in acquisition. Investors are still unsure of its investment.
SingaRoar : As usual, good results.
JoHNnYkiLleR OP : https://www.stengg.com/en/newsroom/news-releases/st-engineering-secures-contract-to-provide-full-component-support-to-virgin-australia-airlines-b737ng-fleet/
JoHNnYkiLleR OP : https://www.stengg.com/en/newsroom/news-releases/st-engineering-s-smart-city-business-gains-momentum-with-new-international-project-wins/
JoHNnYkiLleR OP : https://www.stengg.com/en/newsroom/news-releases/st-engineering-secures-international-defence-contract-for-falaj-3-class-offshore-patrol-vessels-for-uae-navy/
JoHNnYkiLleR OP : https://www.businesstimes.com.sg/companies-markets/st-engineering-bags-international-smart-city-projects-defence-contract
JoHNnYkiLleR OP : The Edge Singapore: ST Engineering eyes FY2026 revenue target of more than $11 bil.
https://www.theedgesingapore.com/news/company-news/st-engineering-eyes-fy2026-revenue-target-more-11-bil
JoHNnYkiLleR OP : https://www.stengg.com/en/newsroom/news-releases/st-engineering-idirect-and-hellas-sat-successfully-validate-hybrid-5g-satellite-backhaul-use-cases/