ST Engineering

Singapore market 'awakening', look beyond 3Q2020: DBS - THE EDGE SINGAPORE

Broker's Calls

Singapore market 'awakening', look beyond 3Q2020: DBS

The Singapore market is awakening and the worst of the earnings cuts has passed, say DBS Group Research analysts Yeo Kee Yan and Janice Chua in an Oct 13 report. 

Uncertain outlook for aviation sector heading into 2021: UOB Kay Hian - THE EDGE SINGAPORE

Broker's Calls

Uncertain outlook for aviation sector heading into 2021: UOB Kay Hian

UOB Kay Hian has maintained a “neutral” outlook on the Singapore aviation sector even as the newsflow on the opening up of borders and the distribution of a vaccine are gaining momentum. 

ST Engineering Ventures announces closing of a strategic investment round in Cloudsphere - THE EDGE SINGAPORE

Deals, JVs and alliances

ST Engineering Ventures announces closing of a strategic investment round in Cloudsphere

ST Engineering has announced that its Corporate Venture Capital unit, ST Engineering Ventures, has joined Atlantic Bridge in the closing of a strategic investment round in CloudSphere, a

Broker's Calls

Gloomy outlook for aviation sector, but vaccines could benefit SATS and ST Engineering: UOB Kay Hian

Singapore’s aviation sector still has dark clouds looming over it even into 2021, but the race for a Covid-19 vaccine may benefit some companies.

Broker's Calls

DBS upgrades SIA Engineering and ST Engineering to ‘buy’ after extended JSS

DBS Group Research analyst Suvro Sarkar has upgraded SIA Engineering Company (SIE) and Singapore Technologies Engineering (ST Engineering) to “buy” after Singapore announced additional su

Broker's Calls

Analysts mixed over ST Engineering due to uncertain recovery of aerospace sector

Following its 1H20 results posted on August 14, analysts are mixed on the prospects of Singapore Technologies Engineering (ST Engineering) mainly due to the hit the group took in its aero

Cybersecurity

ST Engineering's US unit hit by ransomware but threat contained

SINGAPORE (June 7): Singapore Technologies Engineering said that its US subsidiary did suffer from a cyber-attack, as reported earlier, but the threat has since been contained.

Broker's Calls

934 Brokers' Digest

PropNex
Price targets:

Phillip Securities BUY 60 cents
CGS-CIMB ADD 62.5 cents

Contracts

Keppel-led consortium secures $1.5 bil contract to develop integrated waste management facility in Tuas

SINGAPORE (Apr 22): A consortium headed by Keppel Corporation has received a letter of acceptance from the National Environment Agency (NEA) for an engineering, procurement and construction contrac

Contracts

ST Engineering reports contract wins worth more than $1.6 bil for aerospace, electronics arms in 1Q

SINGAPORE (Apr 20): Singapore Technologies Engineering (ST Engineering) has announced new contracts worth about $1.6 billion won by its aerospace and electronics sectors in 1Q2020.

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