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ST Engineering    Last:7.63    +0.12

ST Engg

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Sporeguy
    20-Jun-2007 16:31  
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May reach $4 by this week.
 
 
limhpp
    19-Jun-2007 17:05  
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Good news on the way next week. Hold on tight. Smiley
 
 
Sporeguy
    18-Jun-2007 12:38  
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May reach $4 in this round of rally.
 

 
limhpp
    14-Jun-2007 16:15  
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It is moving slowly but steadily upward. Smiley
 
 
choohian
    13-Jun-2007 17:14  
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Plenty thanks shplayer. Your info is a great help.
 
 
shplayer
    13-Jun-2007 14:55  
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mirage,

Sorry, I don't have info on when decision will be made on the Public Sector IT (PSIT). However, according to newspaper report, the closing date for submission of tender is sometime this monthe....(24 Jun?). So, award of tender is still a few months away.
 

 
mirage
    13-Jun-2007 14:19  
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Thanks shplayer, for the news, do you when we can get the results of the HP STE consortium bidding for the S$1.5 billion for the public sector IT? Around which month? Any knows?? Thanks.
 
 
limhpp
    13-Jun-2007 14:15  
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shplayer,

Thanks for the info. Smiley

 
 
 
shplayer
    13-Jun-2007 14:14  
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Oh yes, forgot to mention that STE is planning a Europe Investors' from 21 - 27 June. We can expect some foreign funds interest from this.
 
 
shplayer
    13-Jun-2007 14:11  
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limhpp, fortunegal,

In ther past, STE only declared final divvy. But in their FY06 announcement, they made a change in their divvy policy that they will pay out interim divvy form FY 2007.....so divvy xd will be sometime in Aug.

Another factor to consider, they are part of the HP-STE consortium bidding for the S$1.5 billion public sector IT..... the other 2 bidders are IBM - NCS and NEC-SCS.

If the STE consortium wins the bid, it will certainly boost their revenue stream.
 

 
fortunegal
    13-Jun-2007 13:16  
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really? i check with geojam again..
 
 
limhpp
    13-Jun-2007 10:20  
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Based on the chart, is on uptrend.. .. .. Smiley

ST Engg usually do not issue dividend in August ?! Dividend just given out in end Apr. Smiley
 
 
fortunegal
    13-Jun-2007 08:17  
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vested yesterday at 3.56 in early morning, glad to see it has moved up soon! Will keep it till i get individends in coming august.
 
 
shplayer
    13-Jun-2007 07:50  
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Elfie, no problem.......just re vested on Mon @ 3.50. But last night's Dow's performance may stiffle the uptrend.
 
 
elfinchilde
    12-Jun-2007 23:21  
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oh yea. just confirmed uptrend. touching upper bollie. abt to break out.

had read it wrongly for shplayer actually. pai seh. i thought was going to break down. hahahaha. (cf singaporegal's post on 9th june)

hm. 4.08. with likely a good interim divvie, worth considering.

hm.......
 

 
Sporeguy
    12-Jun-2007 23:15  
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MACD signal buy for ST Engg today. May reach the next ht at $4.08 in 1 to 1.5 mths time.
 
 
choohian
    12-Jun-2007 11:40  
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 One of Geojam's favourite counters. Good luck to those vested.
 
 
choohian
    12-Jun-2007 11:38  
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Ste, up !
 
 
singaporegal
    09-Jun-2007 22:21  
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Direction of trend still uncertain, in my opinion.
 
 
Sporeguy
    09-Jun-2007 16:01  
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$3 (01Dec), went up by 40c to $3.40 (07Feb), down by 22c to $3.18 (05Mar), up by 52c to $3.70 (26Apr), down by 23c to $3.46 (09May).

The time factor is approx 2 mths to go up and 1 mth to come down with each up ht higher and each low supported by previous high indicating bullish pattern. Can start to accu as the next ht may be at $3.80 to $4.08 in July. Caveat emptor.
 
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