$ST Engineering(S63.SI)$ ST En

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Tony Boon
2025-03-06

$ST Engineering(S63.SI)$ ST Engineering seems to be on a bull run. It has smashed through $6.2 threshold and hit another ATH 52 wks record. Understand that OCBC Investment's target price for ST is $6.3. RHB analysts assessed that company might gradually raise dividend from 2025 to 2027 (business times news). There should be continuous strong demand for its defend products and solutions in view of geopolitical tensions ongoing. Moreover, order book is relatively high at about SGD 28 billions as at end 2024. Hope that company will continue to attract longer term investors, hence confident and demand will increase correspondingly as well. Cheers ST. [Smile] [Smile] [Smile]

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