ST Engineering

(10-11-2014, 10:11 AM)yeh Wrote: anybody know why today STE free fall?

On the back of several flat quarters, the current PE is probably not attractive to investors anymore. Coupled with the fact that dividend payout is reducing, there is less reason for that price to hold.

I have divested at 3.7 and will continue to monitor and enter at with a sufficent MOS. I believe it will recover but it will take time.

(10-11-2014, 10:18 AM)LocalOptimal Wrote:

(10-11-2014, 10:11 AM)yeh Wrote: anybody know why today STE free fall?

On the back of several flat quarters, the current PE is probably not attractive to investors anymore. Coupled with the fact that dividend payout is reducing, there is less reason for that price to hold.

I have divested at 3.7 and will continue to monitor and enter at with a sufficent MOS. I believe it will recover but it will take time.

well, beside aerospace is losing money, the rest of business is doing well.

i think when europe pick up next year, they will be better

The drop in share price was on the back of a large volume. Three times that of Friday and much more compared to Thurs and Wednesday. Lying in wait at 3.36 and shall see if that comes to pass.

Wondering what has happened. Keep free falling.............

(19-11-2014, 10:58 PM)palantir Wrote: Wondering what has happened. Keep free falling.............

It's very likely that institutions had been selling as the company had underperformed for the past few quarters.

Reported yesterday on announcements

Temasek bought on Nov 14, 2014
3,400,000 voting shares acquired by Vestal Investments Pte. Ltd. @ $3.4617

http://infopub.sgx.com/FileOpen/_ST%20En...eID=325289

temasek bought the share is a bad sign?

(20-11-2014, 10:09 AM)yeh Wrote: temasek bought the share is a bad sign?

Its a good sign..maybe people overlook it.

By the way Aberdeen bought it recently too at 3.60 a piece

Go verify..too lazy to post a link

Vested

(20-11-2014, 10:17 AM)Stephen Wrote:

(20-11-2014, 10:09 AM)yeh Wrote: temasek bought the share is a bad sign?

Its a good sign..maybe people overlook it.

By the way Aberdeen bought it recently too at 3.60 a piece

Go verify..too lazy to post a link

Vested

can you post the link? i wonder should i buy more, have too much now.

(20-11-2014, 10:23 AM)yeh Wrote:

(20-11-2014, 10:17 AM)Stephen Wrote:

(20-11-2014, 10:09 AM)yeh Wrote: temasek bought the share is a bad sign?

Its a good sign..maybe people overlook it.

By the way Aberdeen bought it recently too at 3.60 a piece

Go verify..too lazy to post a link

Vested

can you post the link? i wonder should i buy more, have too much now.

Ok Yeh for you only...
http://infopub.sgx.com/FileOpen/_STE%20A...eID=318500

Because people in Valuebuddies help me i pass it on