SATS

Maybank stays positive on aviation services sector's medium term growth
SINAPORE (Apr 15): For the period from January to February, Singapore visitor arrivals grew 2% y-o-y, continuing the growth slowdown trend, as the arrivals increased by 2.4% in 4Q18. China and Asean arrivals were flat for Jan-Feb 2019, with China tourist arrivals seeing an improvement from the 3.7% decline in 4Q18, while Asean bloc was flat y-o-y driven by 2.3%/5.8%/2.1% declines from ...
12 stocks that could get a boost from IR 2.0
SINGAPORE (Apr 5): The $9 billion investment to renew and refresh Singapore’s two integrated resorts (IRs) could provide some vibrancy to the domestic economy in the next few years and whip up some optimism in the city-state, says CGS-CIMB Research. “The economic implication of this transformation will first be felt in the construction sector before having a multiplier effect on the rest ...
Singapore offers buffet of attractive yield plays amid the easing policy environment, says UOB
SINGAPORE (April 1): UOB Kay Hian is recommending a wide variety of yield plays offered by Singapore ranging from aviation and banks, to developers and REITs as central banks around the world continue to ease their monetary policies.    In a particular, the research house is expecting dovish dispositions at both the Federal Reserve (Fed) and the European Central Bank (ECB) to ...
SATS is back on favoured ground
SINGAPORE (Feb 14): Analysts are keeping a rather positive stance on SATS following its 3Q19 results announcement on Wednesday. The group posted a 3.5% y-o-y increase in its 3Q19 earnings to $68.9 million, on the back of a 5.5% increase in revenue to $464.0 million. Share of results of associates/joint ventures for the quarter also came in 51.1% higher y-o-y at $20.7 million. This was due ...
SATS posts 3.5% increase in 3Q earnings to $68.9 mil
SINGAPORE (Feb 13): SATS, the provider of gateway services and food solutions, announced that its 3Q19 earnings have increased by 3.5% to $68.9 million, compared to $66.6 million in 3Q18. This brings 9M19 earnings to 198.5 million, 1.2% higher than $196.1 million in 9M18. Revenue for 3Q19 was 5.5 % higher at $464.0 million from $439.8 million a year ago, due to higher contribution from the ...
NetLink NBN Trust, Singtel among UOB's top alpha picks for Feb
SINGAPORE (Feb 8): UOB Kay Hian is maintaining its “buy” call on NetLink NBN Trust considering its dominant market share of 90% and 34% for residential and non-residential fibre connections, respectively, where growth is projected at a three-year CAGR of 6.2%-8.5% for FY18-21. In a Friday report, analyst Jonathan Koh highlights NetLink’s current relationship with TPG Telecom as the ...
Bringing home the bacon
SINGAPORE (Feb 1): The Edge Singapore has assembled the annual portfolio of 10 stocks, done in conjunction with the Lunar New Year. Our selections are CapitaLand, DBS Group Holdings, iFast Corp, iX Biopharma, Mapletree Industrial Trust, MindChamps Preschool, NetLink NBN Trust, Raffles Medical Group, SATS and Silverlake Axis. (Subscribers need to log in to read) This year, we have taken a ...
SATS, ST Engineering named UOB's top aviation picks this earnings season
SINGAPORE (Jan 31): UOB Kay Hian is maintaining “overweight” on Singapore’s aviation sector with expectations of Singapore Airlines and ST Engineering to surprise on the downside in the ongoing earnings reporting season. The research house’s top picks are SATS and ST Engineering, both of which are rated “buy” with the respective price targets of $5.60 and $4.06. In a Thursday ...
Singapore's transport sector is stuck in a jam: DBS
SINGAPORE (Dec 21): DBS has a “neutral” rating on Singapore’s transport sector in 2019, with hopes that a better-than-expected economic growth and activity globally would help improve demand volume and pricing for the transport sector. This in turn should help improve ROEs, which have been under pressure for the past few years. The research house has ComfortDelGro and ST Engineering ...
A new Singapore cabinet could propel stocks higher: OCBC
(Dec 6): Singapore equity valuations are likely to benefit from the handover of the country’s reins to younger leaders. That’s according to Carmen Lee, the head of research at Oversea-Chinese Banking Corp. A younger team with technology- and media-savvy members would put more focus on making the city-state a “smarter” nation and may even cut corporate and personal taxes. That, in turn, ...