#Stock #STEngineering #defense
Recorded 9 August 2022
Hi there back with me Ratih again in MommyBelluga investing. With the heated-up defense situation in the Asia Pacific and in the world, we expect some drastic changes in how countries spend their defense budget. It makes me interested in knowing what kind of company that can survive or thrive in this kind of climate. In this video, I turn my attention to ST Engineering. A global technology, defense, and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defense and public security segments. So my quick take about STEngineering are: Unfortunately, reading its 2020 annual report, I am unable to see its potential growth in defense sector, but company seems to be pretty stable, giving out a healthy sum of dividend, which compared to the company’s earnings seems to be pretty sustainable. I can see that the company is venturing, betting for potential for aerospace, smart city segment and AI, so I am interested in putting a small position.
If you are not aware, I extracted data from company’s annual reports and post the analysis regularly on this channel. If you’re interested that sort of thing, please consider to subscribe.
Disclaimer, this is an amateur video. My main intention is to record my journey learning and practicing investing from scratch. This video shouldn’t replace any financial advice, and neither suggestion to take position, buy or sell in the stock market. Please conduct your own research before making any decision. But if you do your own research, I hope this video could be useful somehow.
Buy me a coffee: https://www.buymeacoffee.com/MommyBelluga
YouTube Video Link: https://youtu.be/Ntzziw-YjTk
YouTube Channel: https://www.youtube.com/channel/UCdsWFUv-xi12OGyEgGRjyf
00:00 Intro & Quick Take
01:58 Quick profile overview
05:51 EPS 2008 - 2021
07:08 EPS vs Cash 2008 - 2021
07:39 EPS vs Cash vs Current Liabilities 2008 - 2021
09:14 Dividend yield history 2008 - 2021
10:44 Dividend payout history 2008 - 2021
12:05 Reasonable Price
15:47 Conclusion
