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Glad that u read it. THe article is typical of " Smart Investor" - Very proficient in stating the Pros and Cons of the company, but would not give any buy recommendations
ysh2006 ( Date: 14-Mar-2026 16:01) Posted:
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The report give a detail description of company but no conclusion answere and whether buy or not and any target price...
JurongW ( Date: 14-Mar-2026 15:49) Posted:
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Is ST Engineering Still A Safe Buy in a High-Volatility World?
https://sg.finance.yahoo.com/news/st-engineering-still-safe-buy-093000011.html
ST Engineering to deploy new traffic management system for LTA
ST Engineering has been contracted by the Land Transport Authority to deploy an intelligent transport system to help improve traffic management.
The contract value is not disclosed and was already recorded in the company' s FY2025 order book which totalled $33.2 billion, including $18.7 billion won in FY2025 alone and $4.7 billion in the last quarter.
This contract, under ST Engineering' s urban solutions business, will include a traffic monitoring camera system and an integrated traffic and plant management system.
According to ST Engineering, this new transport management system will help create " a more responsive and future-ready road transport network in Singapore" , thereby allowing " smarter traffic management, smoother traffic flow and enhanced road safety."
&ldquo Being entrusted with these projects demonstrates the strength of our intelligent transport systems solutions and proven capabilities in delivering large-scale road transport projects," says Hoe Yeen Teck, head, mobility road and services, at ST Engineering.
" We look forward to continuing our longstanding partnership with LTA and supporting them on this journey to enhance the efficiency, responsiveness and resilience of Singapore&rsquo s road transport network,&rdquo he adds.
ST Engineering shares closed at $11.15 on March 12, up 0.54% for the day, extending a gain of 78.4% in the past year.
SBB today - 500,000 shares bought at $10.58 to $10.79 ($5,364,858)
ST Engineering&rsquo s Uptrend Remains Intact: Is This Defensive Stock Ready for Another Leg Higher?
twenty
ysh2006 ( Date: 07-Mar-2026 07:31) Posted:
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Analyst give target $12~14 maybe achievable....
Like this more ammunition and weapons,armoured cars parts will be ordered from USA to support the war ...
SBB today - 500,000 share bought at $10.61 to $10.95 ($5,421,131)
新 科 工 程 ， 马 到 功 成 !
pnuklis ( Date: 05-Mar-2026 14:54) Posted:
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STEngg is a galloping horse with inolvement in many areas like Ship building & repair, Aircrafts, Navy, etc etc. High hopes to gallop to new highs
No no not for others.
For SG. We must prepare, in times of crisis, it is a game of attrition. We must have the capability to replenish stock ourselves.
For SG. We must prepare, in times of crisis, it is a game of attrition. We must have the capability to replenish stock ourselves.
MrBear12 ( Date: 04-Mar-2026 21:51) Posted:
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ST has higher value projects.
Don't support other people's wars ...
we have our own operational requirements.
Don't support other people's wars ...
we have our own operational requirements.
investshare ( Date: 04-Mar-2026 19:01) Posted:
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I think Singapore should really have ST producing interceptors.
Four days into war with Iran, at least one of the United States? Gulf allies is already running low on crucial interceptor munitions used to defend against Iranian missile and drone attacks, two sources told CNN.
?It?s not panic yet, but the sooner they get here the better,? one regional source told CNN, referring to a request their government made to the US for more interceptors
Four days into war with Iran, at least one of the United States? Gulf allies is already running low on crucial interceptor munitions used to defend against Iranian missile and drone attacks, two sources told CNN.
?It?s not panic yet, but the sooner they get here the better,? one regional source told CNN, referring to a request their government made to the US for more interceptors
UOB Kay Hian Report
ST Engineering: All Engines Firing With Upbeat Outlook Sentiment To Remain Buoyant Amid US-Iran War
- Investors should stay invested for STE strong earnings growth. Sentiment towards STE is likely to stay buoyant with the on-going war in the Middle East.
- STE 2025 core earnings of S$846m (+25% y-o-y) are in line with our expectations headline net profit (-34% y-o-y) was impacted by one-off items.
- Its strong contract win momentum is expected to sustain, as STE international defence sales gains good traction in Europe and the Middle East. We forecast a 15% core earnings CAGR for STE in 2026-28.
2025 results in line: Strong core earnings growth of 25% y-o-y.
- The strong core earnings growth was driven by stronger-than-expected core operating profit (+21% y-o-y), but partly offset by:
- weaker-than-expected JV/associate contribution, and
- higher-than-expected net interest expenses. Headline net profit dropped 34% y-o-y to S$463m due to one-offs (as previously well guided).
- Declared final STE of 11 cents, including 6 cents ordinary dividend and 5 cents special dividend. STE has maintained its dividend policy.
Segmental performance: CA beat, USS miss, DPS in line.
- Commercial aerospace (CA): Core EBIT beat our projection on higher-than-expected core EBIT margin of 9.3% in 2H25 (+0.8 ppt y-o-y).
- Defence & public security (DPS): Core EBIT was in line at 100.8% of our projection. Revenue (+8.1% y-o-y) came in at 100% of our projection. 2H25 core EBIT margin improved 1.2ppt y-o-y to 13.2%.
- Urban solutions and Satcom (USS): Core EBIT missed our projection by 16.2%. Revenue (+13.7% y-o-y) beat our projection by 3.1%, but core EBIT margins was weaker than expected at 1.8% in 2H25 (-1.2ppt y-o-y).
Record-high level of orderbook backlog.
- STE orderbook backlog stood at S$33.2b as of end-25 (end-24: S$28.5b), driven by strong contract win momentum throughout the year.
- Note that this record-high level of orderbook has yet to include a sizeable US$1.73b (S$2.25b) New Jersey tolling system back-office project due to a competitor&rsquo s court appeal, even though STE is already receiving revenue from the project.
Orderbook-to-revenue conversion guidance increased by 12.5% y-o-y for 2026.
- STEhas guided to convert S$9.9b orderbook into revenue in 2026, a 12.5% y-o-y increase over the S$8.8b guidance given a year ago for 2025.
Upbeat outlook for all three business segments.
Commercial aerospace (CA):
- Management guides for medium-term steady revenue growth at a rate that is double the industry&rsquo s average growth rate of over 3% this is expected to be supported by its strong orderbook and ongoing capacity expansion.
- Margins should continue to improve, driven by favourable operating leverage.
Defence & public security (DPS):
- Management sees very strong international defence contract win outlook, noting that there are many contract negotiations in the advanced stages.
- Management targets for international defence wins to double y-o-y in 2026 to S$1.2b, starting with the newly announced Qatar defence MRO contract (S$470m worth). This Qatar defence MRO contract represents a breakthrough and may open more opportunities in the Middle East. Current level of operating margins is likely sustainable moving forward.
Urban solutions and Satcom (USS):
- Project deliveries for urban solutions are guided to accelerate through to 2028 and beyond. We see the new cost-saving initiatives announced for Satcom a key positive.
- Expected to land S$63m annualised cost savings by 2H26, it should put the satcom business on a right path to turnaround, while ST Engineering continues to evaluate strategic options (likely a disposal) for Satcom.
Valuation/Recommendation
- Raise 2026-27 earnings forecasts for STE by 6-8% to S$1.04b/S$1.16b, as we have slightly raised our revenue and margin projections.
- Maintain BUY, with STE target price raised to S$10.86, based on 29.1x 2027F P/E (+3.0 standard deviation above mean). The +3 standard deviation P/E peg reflects STE being a beneficiary of heightened geopolitical uncertainties (including the on-going war in the Middle East).
- STE share price currently trades at 26.8x 2027F P/E, in line with international defence peers&rsquo average. We recommend investors stay invested, and await its strong growth delivery.
Analysts raise ST Engineering target price as it jumps 7.2% on Iran conflict, defence contract wins
The counter has climbed for two consecutive days
[SINGAPORE] Shares of ST Engineering : S63 +7.22% enjoyed a double boost this week from the Iran conflict and the company&rsquo s defence contract wins.
A few analysts have raised their target price for the stock, which jumped as much as 9.1 per cent on Tuesday (Mar 3) as the US-Israel-Iran conflict continued for a fourth day.
The counter climbed to an intraday high of S$11.18, before paring some gains to close at S$10.99, up 7.2 per cent on the day. This marked a second straight day of gains for ST Engineering, after a 2.8 per cent rise on Monday.
Analysts said the defence sector is likely to see gains amid the conflict, buoyed by the prospect of rising global defence budgets.
&ldquo ST Engineering is looking to double its international sales this year, with the Middle East as its major market,&rdquo said PhillipCapital analysts on Monday.
Defence contract wins
Maybank analyst Krishna Guha noted that the company doubled international defence order wins to S$600 million in 2025, and is targeting S$1.2 billion for 2026. This aggressive expansion follows a year where core net profit rose 21 per cent to S$851 million.
RHB analyst Shekhar Jaiswal, in a note on Tuesday, concurred that defence and public security &ldquo should remain a structural growth pillar&rdquo for the company, underpinned by the ongoing conflict in the Gulf.
He added that the push to increase military readiness in Europe was another positive factor for ST Engineering, as was the push for munitions refill, defence electronics and critical infrastructure cyberprotection in parts of Asia.
DBS analyst Jason Sum on Monday said rising procurement budgets in Europe and the Middle East, especially for equipment, &ldquo are expanding ST Engineering&rsquo s export runway&rdquo . He noted that earlier investments in research and development, partnerships and marketing are now &ldquo set to deliver returns&rdquo .
DBS raised its target price for the stock from S$10.20 to S$11.
RHB&rsquo s Jaiswal highlighted &ldquo early momentum&rdquo from a 315 million euro (S$470 million) contract, announced on Feb 27, for the maintenance, repair and overhaul of Qatari land platforms as a defence booster for the company.
ST Engineering described that contract win as a &ldquo breakthrough&rdquo into Qatar&rsquo s defence market.
A record order book that &ldquo underpins stronger backlog conversion&rdquo through 2026 and beyond, and capacity-led growth in commercial aerospace were also flagged by Jaiswal as drivers for ST Engineering.
He reiterated a &ldquo buy&rdquo call for the stock, with a raised target price of S$11.70, from S$10.70 previously.
DBS&rsquo Sum added that ST Engineering&rsquo s record order backlog of S$33.2 billion &ldquo underpins earnings visibility&rdquo , with a double-digit earnings compound annual growth rate projected over the medium term. The &ldquo imminent divestment&rdquo of its loss-making satellite communications business, iDirect Group, was also flagged as a positive.
While the divestment is seen as a long-term positive, it came at a high immediate cost. The company&rsquo s net profit for 2025 fell 34 per cent to S$463 million due to S$388 million in one-off net write-offs, primarily from a S$667 million impairment related to iDirect.
Still, Sum forecasts accelerating &ldquo smart city demand&rdquo could boost the company&rsquo s earnings further, as governments prioritise mobility, sustainability and public safety initiatives.
However, not all analysts are chasing the current price spike. While Morningstar&rsquo s Lorraine Tan raised its fair value estimate by 26 per cent to S$10.80 following the strong margin outlook, Maybank&rsquo s Guha maintained a &ldquo hold&rdquo rating as he cautioned that the stock&rsquo s valuation is becoming &ldquo elevated&rdquo .
Based on a price of S$11.10, ST Engineering is currently trading at over 40 times earnings, significantly higher than its historical average of 19 times.
The counter has climbed for two consecutive days
[SINGAPORE] Shares of ST Engineering : S63 +7.22% enjoyed a double boost this week from the Iran conflict and the company&rsquo s defence contract wins.
A few analysts have raised their target price for the stock, which jumped as much as 9.1 per cent on Tuesday (Mar 3) as the US-Israel-Iran conflict continued for a fourth day.
The counter climbed to an intraday high of S$11.18, before paring some gains to close at S$10.99, up 7.2 per cent on the day. This marked a second straight day of gains for ST Engineering, after a 2.8 per cent rise on Monday.
Analysts said the defence sector is likely to see gains amid the conflict, buoyed by the prospect of rising global defence budgets.
&ldquo ST Engineering is looking to double its international sales this year, with the Middle East as its major market,&rdquo said PhillipCapital analysts on Monday.
Defence contract wins
Maybank analyst Krishna Guha noted that the company doubled international defence order wins to S$600 million in 2025, and is targeting S$1.2 billion for 2026. This aggressive expansion follows a year where core net profit rose 21 per cent to S$851 million.
RHB analyst Shekhar Jaiswal, in a note on Tuesday, concurred that defence and public security &ldquo should remain a structural growth pillar&rdquo for the company, underpinned by the ongoing conflict in the Gulf.
He added that the push to increase military readiness in Europe was another positive factor for ST Engineering, as was the push for munitions refill, defence electronics and critical infrastructure cyberprotection in parts of Asia.
DBS analyst Jason Sum on Monday said rising procurement budgets in Europe and the Middle East, especially for equipment, &ldquo are expanding ST Engineering&rsquo s export runway&rdquo . He noted that earlier investments in research and development, partnerships and marketing are now &ldquo set to deliver returns&rdquo .
DBS raised its target price for the stock from S$10.20 to S$11.
RHB&rsquo s Jaiswal highlighted &ldquo early momentum&rdquo from a 315 million euro (S$470 million) contract, announced on Feb 27, for the maintenance, repair and overhaul of Qatari land platforms as a defence booster for the company.
ST Engineering described that contract win as a &ldquo breakthrough&rdquo into Qatar&rsquo s defence market.
A record order book that &ldquo underpins stronger backlog conversion&rdquo through 2026 and beyond, and capacity-led growth in commercial aerospace were also flagged by Jaiswal as drivers for ST Engineering.
He reiterated a &ldquo buy&rdquo call for the stock, with a raised target price of S$11.70, from S$10.70 previously.
DBS&rsquo Sum added that ST Engineering&rsquo s record order backlog of S$33.2 billion &ldquo underpins earnings visibility&rdquo , with a double-digit earnings compound annual growth rate projected over the medium term. The &ldquo imminent divestment&rdquo of its loss-making satellite communications business, iDirect Group, was also flagged as a positive.
While the divestment is seen as a long-term positive, it came at a high immediate cost. The company&rsquo s net profit for 2025 fell 34 per cent to S$463 million due to S$388 million in one-off net write-offs, primarily from a S$667 million impairment related to iDirect.
Still, Sum forecasts accelerating &ldquo smart city demand&rdquo could boost the company&rsquo s earnings further, as governments prioritise mobility, sustainability and public safety initiatives.
However, not all analysts are chasing the current price spike. While Morningstar&rsquo s Lorraine Tan raised its fair value estimate by 26 per cent to S$10.80 following the strong margin outlook, Maybank&rsquo s Guha maintained a &ldquo hold&rdquo rating as he cautioned that the stock&rsquo s valuation is becoming &ldquo elevated&rdquo .
Based on a price of S$11.10, ST Engineering is currently trading at over 40 times earnings, significantly higher than its historical average of 19 times.
ST Engineering buoys Singapore stocks as war jitters rattle key Asian markets STI up 0.5%
Across the broader market, losers outnumber gainers 349 to 279, after 2.3 billion securities worth S$3 billion change hands
[SINGAPORE] Singapore&rsquo s benchmark Straits Times Index (STI) eked out a 0.5 per cent gain on Tuesday (Mar 3), rising 25.79 points to finish at 4,916.65, even as the war in Iran continued to sour investor sentiment.
This came as several key regional indices fell sharply. South Korea&rsquo s Kospi slumped 7.2 per cent, Japan&rsquo s Nikkei 225 slid 3.1 per cent, and Hong Kong&rsquo s Hang Seng Index fell 1.1 per cent. The FTSE Bursa Malaysia KLCI climbed 0.7 per cent.
Across the broader Singapore market, losers outnumbered gainers 349 to 279, after 2.3 billion securities worth S$3 billion changed hands.
The blue-chip index was lifted by defence contractor ST Engineering : S63 +7.22%, which charged up 7.2 per cent or S$0.74 to close at S$10.99.
At the bottom of the STI table was Singapore&rsquo s largest real estate investment trust, CapitaLand Integrated Commercial Trust : C38U -1.22%, which fell 1.2 per cent or S$0.03 to S$2.43.
The trio of local banks ended mixed. DBS : D05 -0.05% slipped 0.1 per cent or S$0.03 to S$55.60, while OCBC : O39 +0.86% gained 0.9 per cent or S$0.18 to S$21.11 and UOB : U11 +0.11% climbed 0.1 per cent or S$0.04 to S$36.34.
The iEdge Singapore Next 50 Index retreated 1.9 per cent to close at 1,481.79 points.
In a research report, Pictet Wealth Management said the war in Iran is &ldquo negative for equities in the very short term as markets adjust to the general increase in geopolitical uncertainty and a sharp rise in oil prices&rdquo .
While Pictet noted that the negative impact from such events is &ldquo usually short-lived&rdquo , it warned that should the conflict escalate into a regional war, &ldquo investors will need to adjust their positioning&rdquo .
Across the broader market, losers outnumber gainers 349 to 279, after 2.3 billion securities worth S$3 billion change hands
[SINGAPORE] Singapore&rsquo s benchmark Straits Times Index (STI) eked out a 0.5 per cent gain on Tuesday (Mar 3), rising 25.79 points to finish at 4,916.65, even as the war in Iran continued to sour investor sentiment.
This came as several key regional indices fell sharply. South Korea&rsquo s Kospi slumped 7.2 per cent, Japan&rsquo s Nikkei 225 slid 3.1 per cent, and Hong Kong&rsquo s Hang Seng Index fell 1.1 per cent. The FTSE Bursa Malaysia KLCI climbed 0.7 per cent.
Across the broader Singapore market, losers outnumbered gainers 349 to 279, after 2.3 billion securities worth S$3 billion changed hands.
The blue-chip index was lifted by defence contractor ST Engineering : S63 +7.22%, which charged up 7.2 per cent or S$0.74 to close at S$10.99.
At the bottom of the STI table was Singapore&rsquo s largest real estate investment trust, CapitaLand Integrated Commercial Trust : C38U -1.22%, which fell 1.2 per cent or S$0.03 to S$2.43.
The trio of local banks ended mixed. DBS : D05 -0.05% slipped 0.1 per cent or S$0.03 to S$55.60, while OCBC : O39 +0.86% gained 0.9 per cent or S$0.18 to S$21.11 and UOB : U11 +0.11% climbed 0.1 per cent or S$0.04 to S$36.34.
The iEdge Singapore Next 50 Index retreated 1.9 per cent to close at 1,481.79 points.
In a research report, Pictet Wealth Management said the war in Iran is &ldquo negative for equities in the very short term as markets adjust to the general increase in geopolitical uncertainty and a sharp rise in oil prices&rdquo .
While Pictet noted that the negative impact from such events is &ldquo usually short-lived&rdquo , it warned that should the conflict escalate into a regional war, &ldquo investors will need to adjust their positioning&rdquo .
I check with Ms-copilot on the possible reasons for the huge jump in share price today.
Main Reasons for the Surge
Dividend boost & payout policy:
ST Engineering recently announced plans to raise dividend payouts starting in 2025 and continuing into 2026, positioning itself as a &ldquo yield-cum-growth&rdquo stock. This attracted both income-focused and growth investors.
Strong order book & contract wins:
The company has been doubling international defence contract wins, with expectations to repeat this performance in FY2026. This signals robust revenue visibility and long-term growth.
Market momentum:
Shares hit fresh highs, supported by heavy trading volume and analyst upgrades. The market is rewarding ST Engineering&rsquo s ability to deliver resilient earnings despite past impairments.
Takeaway
The spike reflects a re-rating by investors:
ST Engineering is being valued not just as a defensive stock, but as a growth + yield play with strong contract momentum and higher dividends.