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Here’s How Much You’d End Up with If You Had Invested S$10,000 in ST Engineering 12 Years Ago
By The Smart Investor  •  July 15, 2022
It’s always intriguing to see how much our money would have grown had we held on to strong businesses over a long period. This exercise gives us an indication of a stock’s financial strength and consistency. It can also tell us if a business can weather recessions and yet deliver. Investors in Singapore Technologies Engineering Ltd (SGX: S63), or STE, may wonder if the blue-chip engineering giant has delivered a good return if held for more than a decade. At the same time, we also assess if the group can continue to perform well based on its current prospects. A dividend stalwart STE went public 25 years ago in December 1997 and has been a component of the Straits Times Index (SGX: ^STI) ever since. Temasek Holdings, a Singapore investment firm, holds a 51.69% stake in the engineering group as of 28 February this year. Assuming you invested S$10,000 in STE back in July 2010, you would receive around 3,000 shares of the group....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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