SGX:S63Aerospace & Defense
Singapore Technologies Engineering (SGX:S63): Valuation After Record Order Book, Satcom Impairment and Special Dividend Announcement
Singapore Technologies Engineering (SGX:S63) just combined a record S$32.6 billion order book and S$14 billion in new contracts with a hefty S$667 million satcom impairment and a proposed special dividend tied to divestment proceeds.
See our latest analysis for Singapore Technologies Engineering.
Despite the hefty satcom write down, the market seems focused on the record order book and special dividend. The share price is at S$8.34 and a powerful year to date share price return near 80...