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pointer Senior	26-Aug-2008 14:54        pointer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sea of red. Even a defensive counter suffering from such sell downs. Maybe some funds trying to unload their holdings.
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CWQuah Master	19-Aug-2008 12:38        CWQuah About Contact  Quote this Post! Style: Combined
x 0   x 0  Alert Admin	Good analysis. What's also interesting is the chart formation made by ST Engg since end-Jun.
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trader88.sg Veteran	19-Aug-2008 12:21        trader88.sg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Has ST Engg bottomed out?
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kruxsj Member	14-Aug-2008 13:57        kruxsj About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wednesday, August 13, 2008 STEng - DBS Margins weakened at Aerospace Story: 2Q08 net earnings of S$119.9m was disappointing, coming in 2% below 2Q07 numbers due to lower-thanexpected earnings growth in the Aerospace and Land Systems segments. The weaker US$ shaved S$12m from group PBT in 1H08. Point: The 18% y-o-y dip in Aerospace earnings came on the back of flat revenues as PBT margin slid more than 3 ppts to 15% (historical low) on account of i) the depreciating US dollar, ii) slower than expected ramp up in new facilities (Panama) and iii) higher prototyping costs as the Group worked on conversions of three types of passenger aircraft to freighters. Land Systems profits fell 9% y-o-y as a result of lower margins in the automotive segment and higher losses from associate CityCab. Electronics segment profit was up 13% y-o-y on the back of higher contribution from iDirect, which launched its new products. Marine segment was the surprise package with earnings growth of 21% despite lower sales, as higher proportion of high-margin ship-repair works led to a 2.5 ppt margin expansion. With recent contracts wins (to build a Diving Support Vessel) and renewals (component supply to Polish Airlines) in place, orderbook stands at S$9.3b, of which about S$2.1m should be recognised in 2H08. Relevance: We have revised our FY08 and FY09 earnings forecasts downwards by about 6% and 5% respectively. Management guided for flat FY08 earnings vs modest growth previously. We reiterate our concern about the Group’s exposure to the US airline industry – which is in the midst of paring capacity – and to the weak US economy (via Marine and iDirect in addition) to the extent of 28% of Group sales (down from 34% in 1H07). The recent strengthening of the US$, however should provide some respite to earnings, if sustained. As such, we keep our Target Price unchanged at S$2.80, and continue to maintain HOLD on the stock given attractive dividend yield in excess of 6%.
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Luostock Senior	13-Aug-2008 00:17        Luostock About Contact  Quote this Post!
x 0   x 0  Alert Admin	Profit attributable to shareholders ($m) 242.5 (2008 1H) compared to 231.6 (2007 1H). EPS is 8.12 (2008 1H) compared to 7.84 (2007 1H). STEngineering_HL_SGXNet_2Q2008.pdf
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Luostock Senior	13-Aug-2008 00:14        Luostock About Contact  Quote this Post!
x 0   x 0  Alert Admin	For St Aerospace Profit attributable to shareholders ($m) 61.6 (2008 2Q) compared to 69.5 (2007 2Q).
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Luostock Senior	13-Aug-2008 00:11        Luostock About Contact  Quote this Post!
x 0   x 0  Alert Admin	For ST Marines, Profit attributable to shareholders ($m) 16.2 (2008 2Q) compared to 13.9 (2007 2Q).
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Luostock Senior	13-Aug-2008 00:09        Luostock About Contact  Quote this Post!
x 0   x 0  Alert Admin	Previuos post is for ST Electronics Now for ST Kinetics Profit attributable to shareholders ($m) 20.6 (2008 2Q) compared to 22.0 (2007 2Q).
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Luostock Senior	13-Aug-2008 00:06        Luostock About Contact  Quote this Post!
x 0   x 0  Alert Admin	Profit attributable to shareholders ($m) 21.1 (2008 2Q) compared to 19.9 (2007 2Q). ST_Electronics-HL-SGXNet-2Q2008.pdf
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jasonongsc Senior	23-Jul-2008 21:31        jasonongsc About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	climbing up again
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178investors Veteran	23-Jul-2008 17:00        178investors About Contact  Quote this Post!
x 0   x 0  Alert Admin	thanks elf for clarifying. take a hot bath... chase the blue away. cheers.
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elfinchilde Elite	23-Jul-2008 16:40        elfinchilde About Contact  Quote this Post!
x 0   x 0  Alert Admin	sorry, i had abbreviated. cos a forumer had mentioned that he shorted on CFD. so what i meant was a short that has been kept open (on the CFD acct). as opposed to the usual one day shorting or 3 day SGX buyback type.
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178investors Veteran	23-Jul-2008 16:18        178investors About Contact  Quote this Post!
x 0   x 0  Alert Admin	elf, what's a "short open" btw?
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elfinchilde Elite	23-Jul-2008 16:10        elfinchilde About Contact  Quote this Post!
x 0   x 0  Alert Admin	From my post on 16 jul. had told a forumer via private msg last week already, so haven't been posting cos nothing deviating from the trend. bored....sigh. elf's blue again.   "short open is good; so i guess i won't havta tell ya that a bounce is in order in the general market soon; and shortists are likely to get caught out due to the thinness of market and lots of ppl waiting on sidelines. "
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178investors Veteran	23-Jul-2008 15:53        178investors About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think those burgers using CFD short in the prior 2 weeks are covering fast to limit their losses which lead to reverse uptrend so quickly.
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SupremeA Veteran	23-Jul-2008 15:44        SupremeA About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't think its getting driven by its own fundamentals. Just that the market seems to be feeling quite bullish today
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178investors Veteran	23-Jul-2008 15:33        178investors About Contact  Quote this Post!
x 0   x 0  Alert Admin	this one on uptrend many days leh, no bottoming process . any bottoming theory to explain phenom? v-shape recovery, is it?
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178investors Veteran	23-Jul-2008 00:17        178investors About Contact  Quote this Post!
x 0   x 0  Alert Admin	wa.. this pillai exercise price $1.86 only so no reason for me to pay more than that right! thanks pillai for the new benchmark... hee
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Luostock Senior	22-Jul-2008 20:01        Luostock About Contact  Quote this Post!
x 0   x 0  Alert Admin	1. Date of change of Interest 18-07-2008     2. Name of Registered Holder CDP : Philip Nalliah Pillai     3. Circumstance(s) giving rise to the interest or change in interest Exercise of Share Options/Convertibles     # Please specify details   4. Information relating to shares held in the name of the Registered Holder   No. of Shares held before the change 137000   As a percentage of issued share capital 0 %   No. of Shares which are subject of this notice 29000   As a percentage of issued share capital 0 %   Amount of consideration (excluding brokerage and stamp duties) per share paid or received 1.86     No. of Shares held after the change 166000   As a percentage of issued share capital 0.01 %
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Hulumas Supreme	16-Jul-2008 17:46        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 0  Alert Admin	Huh, another big paper loss counter which my average price still far too high of Sgd. 3.23 I wonder if at Sgd. 2.59, should be justified right price? Any suggestion? Sporeguy      ( Date: 16-Jul-2008 16:43) Posted: Hi Elfin, Well-done for the candlesticks and supports. Using wave, ST Engg may be at the 5th wave downwards. Looks like your 3rd support may be the endof the 5th wave. Yr 2nd support may becomes the 1st resistance, etc
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