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Published Wed, May 22, 2019 · 09:50 PM
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ST Engineering | Buy (maintained) May 22 close: S$3.92 Target price: S$4.45 RHB Research Institute, May 22
Amidst strong order wins by its Aerospace and Electronics businesses during Q1, ST Engineering reported an outstanding order book of S$14.1 billion as at end-March 2019, a a record high. It also offers two years of revenue visibility.
ST Engineering expects to recognise S$4.2 billion of its order book as …
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