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Anonymous

16 May 2020

General Investing

Off the top of your heads, what are your thoughts on Singapore Technologies Engineering?

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Discussion (4)

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Lin Yun Heng

16 May 2020

Senior Analyst at Delphi

It's a dividend cash cow with diversified income streams mainly from 4 different pillars. Currently Aerospace segement and Marine Segments are facing stress test but I am confident that they can emerge from the crisis stronger. This is a company that's been on my watchlist for a long time and I am still looking for a good opportunity to snatch up some shares when the opportunity arises. Do you own due diligience! Not a buy/sell advice

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ST Engineering has a well-diversified portfolio in aerospace, electronics, land systems, marine and others. The aerospace segment accounted for about 47% of ST Engineering’s net profit last year, weak aviation traffic would definitely have a huge knock-on effect on the company. Other segments could face supply chain issues which may result in delays in production. Dividends will definitely be affected for this year and 2021 but the business will eventually pick up in the long-term.

Hi anon, ST Engineering is an important conglomerate for Singapore since it's heavily involved in go...

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