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ST Engineering announced that its aerospace arm, ST Aerospace, has signed on its first commercial customer, Guggenheim Aviation Partners, LLC (GAP), to perform a passenger-to-passenger/cargo (combi) (PTC) conversion on a Boeing 757-200 aircraft for TNT Airways S.A. The aircraft is expected to be inducted into ST Aerospace's Singapore facility by end February 2011, and the converted aircraft is targeted for redelivery by end 2011.
/sgx masnet/
congrats.
bishan22 ( Date: 22-Dec-2010 16:11) Posted:
Took profit at 3.35 today. Merry Christmas to all. 
bishan22 ( Date: 21-Dec-2010 17:18) Posted:
Added more yesterday at 3.25. Today 3.30 after some good news on contracts. Those vested should be smiling. Good luck.  |
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bullish...
congratulation brother !
bishan22 ( Date: 21-Dec-2010 17:18) Posted:
Added more yesterday at 3.25. Today 3.30 after some good news on contracts. Those vested should be smiling. Good luck. 
bishan22 ( Date: 13-Dec-2010 11:35) Posted:
Vroom today. Kekekek  |
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I do always range trading with this counter, so far so good!
ST Engineering unit wins contract to supply automatic fare collection system for Bangkok MRT |
WRITTEN BY THE EDGE |
TUESDAY, 21 DECEMBER 2010 16:11 |
ST Electronics says it has been awarded a contract to supply an Automatic Fare Collection System (AFCS) for the extension of the Bangkok Mass Transit System (BTS) Sukhumvit Line in Bangkok, Thailand.
The contract was awarded by The Krungthep Thanakom Company Limited (KT), a Bangkok Metropolitan Administration Enterprise.
ST Electronics is the electronics arm of public-listed ST Engineering. The AFCS for the Sukhumvit Line will be implemented from On Nut Station to Bearing Station (E10 to E14). The extension adds 5.25km to the route length of the existing BTS Sukhumvit Line and includes five new stations. The AFCS will be delivered by the second half of 2011 for commencement of revenue service.
/theedge/
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Vroom today. Kekekek

bishan22 ( Date: 09-Dec-2010 23:30) Posted:
collected at 3.25. Hope to see 3.4 plus in due course.  |
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looks good... u hv collected it at the right time....
bishan22 ( Date: 09-Dec-2010 23:30) Posted:
collected at 3.25. Hope to see 3.4 plus in due course.  |
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collected at 3.25. Hope to see 3.4 plus in due course.
Indonesia, Singapore plans to resume war plane pilot course
15:31, December 09, 2010
Indonesian Vice President Boediono and Singaporean Deputy Prime Minister Teo Chee Hean held talks on Thursday, planning to resume high level course for war plane pilots of the two countries, vice presidential Yopie Hidayat said here.
Also present at the talk was Indonesian Defense Minister Purnomo Yusgiantoro. Teo is also Singaporean defense minister.
The spokesman said that such kind of exercise had been conducted by the two countries years ago in Riau province of Indonesia, but it was terminated when the agreement on it ended.
"It is planned to resume the course for high rangking pilot of sophisticated war plane," said Hidayat.
"The similar course had been carried out in the past in Pekanbaru, the capital of Riau province, but it ended at the same time with the expiry of the agreement of the cooperation. Now it is planned to set up the course again that would be useful for the two countries," he said after the meeting at the vice presidential office.
Indonesia, a vast archipelago country, has attempted to step up its air defense. The country has bought more sukhoi war plane and F16.
Source: Xinhua
One of the resilient stock for the bad times that was some how forgotten.
kindly update new post for this company, anyone?
Appreciated
OCBC Investment Research upgrades ST Engineering (S63.SG) to Buy from Hold, lifts target price to $3.66 from $3.28, based on 21x FY11 EPS vs 20x blended FY10-FY11 EPS previously, says Dow Jones.
OCBC expects company to benefit from earlier-than-expected recovery in global aviation maintenance, repair, overhaul industry, given surge in passenger aircraft orders at recent airshows.
Research house notes, company has been clinching new contracts in past months, demonstrating “STE’s strong market position and its ability to delivery reliable and innovative solutions.”
Shares off 1.2% at $3.28.
Experience Technical rebound S1 330, today low
Weakening of green back affect price range.
MACD coming to signal buy soon.
NP. cheers.
bishan22 ( Date: 05-Aug-2010 11:17) Posted:
Thank u for the info. Some celebration for the National Day. |
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