OIR’s Lim notes that with the removal of the “de minimis” exemption by the Trump administration, though challenging to quantify, will likely impact Sats’ volumes between China and the US.
The analysts at OCBC Investment Research (OIR) and CGS International (CGSI) have both kept their “add” calls on Sats Group, with OIR’s Ada Lim lowering her fair value (FV) to $4.11 from $4.38 previously, while CGSI’s Tay Wee Kuang and Lim Siew Khee have lowered their target price (TP) to $4.35 from $4.40 previously.
DBS Group Research’s (DBS) Jason Sum has similarly kept his “buy” call at a lowered TP of $4.00 from $4.40 previously.
