Shares & Derivatives
Invested in ST Engineering at the right price.
By A Singaporean Stockmarket Investor (ASSI)  •  February 26, 2017
Reader: Hi AK, I remembered you mentioned ST Engineering in one of the session (Evening with AK and friends) a couple of years back (2015) and shared that through one of your readers, you have a greater understanding of their business model. At that point, you mentioned you would look at entering the market if it goes below $2.9 per share, it was hovering around $3.2. It was my first time attending your session so my memory is pretty hazy. But I am hoping if you can shed more insights in how you look at valuing ST Engineering? I managed to scoop a little shares at $2.7! :) Thanks, YC AK: Hi YC, That was probably many moons ago. $2.7 a share is a very good price. I would hold on to it. ST Engineering is a good income generating asset. :) I shared how I valued ST Engineering using PE ratio before ......
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By A Singaporean Stockmarket Investor (ASSI)
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