Lim believes investors are showing appreciation for Sats’ strong FY2026 results and sentiment has improved amid progress towards ending the conflict in the Middle East.
From a recent low of $3.21 on May 18, the share price of ground-handling operator Sats has surged by more than 40% to around $4.50, prompting differing views among analysts.
Ada Lim of OCBC Group Research has maintained her fair value for Sats at $4.20 but downgraded her call from “buy” to a “non-consensus hold”, as Sats’ current share price exceeds what she deems fair based on current estimates.
