STEng @ $3.12

Buy @ $3.12. Getting cheaper by the day as fear about Japan Nuclear Melt-Down increases. STI -26 @ 2944, DJIA -242 @ 11613 last night. 😀

 

19 Mar 11

Price will likely be weak as ST Marine had been served with a contract termination notice for S$129Mil + Interest by their customer (LDA). This will likely go to court and may drag for a while. Check SGX Announcement for more info.

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