KienBoon
03-18

It is good news for the shareholders indeed. Increase is mediocre but every cent counts. Hope that div yield can reach about 20c moving forward in order to bring the div yield to more than abt 3% assuming share price of abt $6.5+. Otherwise it seems slightly disappointing in comparison to current banks interest rate (FD). Nevertheless hope that ST Engineering will continue to grow moving forward in order to improve the EPS. And hence to maintain the PE ratio to less than 30. Cheers and go go go ST Engineering. [Smile]  [Smile]  [Smile]  

Sorry, this post has been deleted
ST Engineering Rally: A Better Buy Than Other Blue-Chip Stocks?
Analysts were bullish on ST Engineering, hiking their target prices for the counter as they cited a positive outlook and strong growth prospects. It announced its five-year targets at its investor day. Recent surge brought its PE ratio to around 30, above those of other blue-chip counters such as UOB, DBS, OCBC and SIA, which had PE ratios in the range of 7.8 to 11.5, according to Yahoo Finance data. Its share price has been on a tear through the year. ---------- Is ST Engineering a good buy or not compared to other blue chip stocks? What's your target price for ST Engineering?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment