Singapore Stock Market News
ST Engineering - Good entry point
StockFanatic
Publish date: Wed, 28 Aug 2013, 10:50 PM
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
Maintain Outperform and target
price, still based on blended
valuations (P/E, DCF, Dividend
yield). Given expected earnings
growth of 10% for FY13, we view the
current valuation of 17.5x as
unjustified as it is below its pre-GFC
range of 20-22x (with steady
earnings growth of 11%). Key
catalysts include sustained US$
strength and stronger margins from
aerospace.
Read more » Related Stocks
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
