Latest Forum Topics / ST Engineering Last:4.48 -0.07 | Post Reply |
ST Engg
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dealer0168
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16-Jun-2009 20:47
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Once $2.40 resistance break off successfully, we may see ST stock value goes another step higher. | ||||
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dealer0168
Elite |
16-Jun-2009 20:41
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Good news: ST Engineering says today its electronics arm, ST Electronics, has been awarded a $40m contract by Singapore’s Land Transport Authority (LTA) to provide the Expressway Monitoring & Advisory System (EMAS) on major arterial roads on the island. The contract is awarded to ST Electronics’ wholly-owned subsidiary, ST Electronics (Info-Comm Systems). This is the first time EMAS is applied to manage major arterial roads that also serve as alternative bypass routes to the expressways on the island. Implementation of the project will begin in 2010 and is expected to be completed by 2013. The introduction of such a system will optimise the available capacity on the existing transportation infrastructure and enhance the utilisation of roads. The EMAS is an automated and robust system which provides early detection of incidents on the road, enhances road safety, minimises traffic congestion and ensures smooth integration with other existing sub-systems. For motorists, this system provides them with real-time information on traffic conditions. Traffic advisories, real-time congestion and accident updates are disseminated to motorists through the electronic message signages on the expressways and arterial roads. Traffic information can also be disseminated to motorists through radio broadcast and LTA’s One.Motoring website. All these will allow motorists to better plan their routes to avoid congested and incident areas, thereby saving on commuting time, says ST Engineering. |
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eric69
Member |
16-Jun-2009 07:45
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My textbook said that "average up" only when the market is going uptrend, and the company has potential upside or (severely) undervalued. "averaging up" allows the investor to continue to take advantage of the raising stock price (thereby generating more profit). As the stock price continue o raise, the investor's profit will continue to raise as well (means the potential returns will still be increasing - instead of decreasing). Hmmm... | ||||
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bola_no1
Senior |
15-Jun-2009 21:58
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Hi why u average up when prices go up? Doesnt it make yr value lesser?
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dealer0168
Elite |
15-Jun-2009 19:33
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I doubt ST will hit $2.30. It is now trying to break the $2.40 resistance. If successfully break through, we may see next key resistance at $2.58. |
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HLJHLJ
Veteran |
15-Jun-2009 15:44
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TaiTai, One piece of advice is to buy a bit first to find a base price, then average up along the way. Once you have a profit, small or big, it is a blessing already and risk is low if you average up. However, if the after the base price, it drops below your cut-loss price, do cut loss and don't turn back. When price stabalise with right condns, you can try the base again. I would advocate avoiding averaging down. This has caused me a lot last time. Averaging up is better. However, in the mids of finding the base price, you can average down but very minimal only. Control your emotion when average down. It is natural to average down due to our egoism but we have to avoid it. All the best.
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taitai
Member |
15-Jun-2009 14:54
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Angry? whatever for? I am here for the advice, comments, sarcasm ..... always ready. iPunter, I love your attitude too. Cheers and have a nice trading day or days ... I believe we all are here to "huat ah!" |
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iPunter
Supreme |
15-Jun-2009 14:44
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taitai... :) |
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foucs6900
Senior |
15-Jun-2009 14:20
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Yes, did dwn to 2.29 before tats when i bought in and sell at 2.42.......later part.... | ||||
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KIMPEK
Member |
15-Jun-2009 14:14
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Last month mid May', this counter ever drop to $2.30... | ||||
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taitai
Member |
15-Jun-2009 11:00
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Ok, love you guys deep deep for the good advice. Seem like my best option is DCA ... maybe at $2.30 or lower level. I think this old cow will drop to that level judging from today's STI performance. |
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goondusamy
Veteran |
15-Jun-2009 07:37
Yells: "BonBon is half beast half human " |
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Sound like rubbing salt in the wound. This counter was dumped by some funds some time last month or so. If u follow those big lots movement, u probably had cut loss. Maybe setting a target of 5-8% as cut loss point will be good. As now, if u don't need the money, just DCA close to $2.30 should be fine. Your cost is really high, by DCA-ing, u'll bring down your cost. Please do it @ appropriate times. Strong counter can also trade on your way up. | ||||
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iPunter
Supreme |
15-Jun-2009 06:41
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In the first place, you shouldn't have bought when the market was strong (and prices were high)... You should have bought when most people were afraid of buying stocks... ie. before current charge up...
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Fireonsight
Member |
15-Jun-2009 01:08
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Most of the good news are actually quite little news in the scheme of things. STE have $11b of orders so a $100m win is like <1% increase only. Somemore I don't think the profit margin is quite high. Maybe price will go up if they win a truly major contract like the SOE2. | ||||
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dealer0168
Elite |
12-Jun-2009 23:01
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Haha, actually leave there & wait for opportunity to average up when time arise. Cut lost maybe will make u feel painful. If want to cut lost, at $3 or $2.9, etc higher price, u should have do it. No choice. take as lesson learn. And as CWQuah mentioned, this stock is a defensive stock. Thus it climb slower. Anyway, fyi usually ST will be giving out dividend on August. Hope this time they do so. By that time with positive news from analyst & divi attraction at play, i believe its price will progress above $2.50. Let wait on & see. |
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taitai
Member |
12-Jun-2009 17:39
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No punting intention. Just a bad decision to get in at that awful px. Reason -- bad hair day. I know the fundamentals of the coy. But recent news on the coy just cannot perk this counter up any further. Old cow. |
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CWQuah
Master |
12-Jun-2009 17:20
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This stock is more for defensive (no pun intended) investment, less for punting. It's a bit like singtel... divvy play, doesn't move much like the banks and commodities counters. More for longterm holding. One thing I am very sure is, this company will not collapse - literally zero risk of bankruptcy etc. Too critical a company to allow collapse. There are many other exciting stocks to punt. |
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taitai
Member |
12-Jun-2009 17:19
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At that px I went in and at the px they are at now -- the dollar cost averaging is just as high. I cannot remember seeing STE at px above 2.60 for the past weeks. |
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dealer0168
Elite |
12-Jun-2009 17:13
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Emm $3.50 is quite high. Will takes some time to reach there. A fast way out is to buy somemore to average yr way out earlier.
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taitai
Member |
12-Jun-2009 17:03
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I am getting very impatient with this counter also. I admit I was not too clever during the time when i purchased STE at its all time high of $3.50/lot. Never expect this counter to free-fall, and when market picked up it just hang on the $2.20 to $2.50 range. So what there were loads of positive news on this counter, it does not generate much interest for the px to surge. Would appreciate suggestion to get rid of the lots I bought at the crazy px in exchange of any other sensitive counter? |
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