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SIA's 2Q results offer investors cold comfort

Benjamin Cher
Benjamin Cher11/4/2016 12:06 PM GMT+08  • 3 min read
SIA's 2Q results offer investors cold comfort
SINGAPORE (Nov 4): The caution lights are flashing for SIA as Maybank Kim Eng and CIMB maintain a “hold” call with target prices of $9.70 and $10.47 respectively.
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SINGAPORE (Nov 4): The caution lights are flashing for SIA as Maybank Kim Eng and CIMB maintain a “hold” call with target prices of $9.70 and $10.47 respectively.

(See also: SIA’s 2Q earnings fall 70% to $65 mil on weak operating numbers)

SIA’s recent results came in below the expectations of both research houses where CIMB analyst Raymond Yap notes that earnings have weakened across the board, except for Scoot and Tigerair.

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