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SATS
Broker's Calls
Brokers’ Digest: OCBC, Centurion, Frasers Property, Aztech Global, Sats, SIA
Here's what the analysts have to say this week.
October 20, 2023
Broker's Calls
UOB Kay Hian keeps ‘buy’ on SATS, group focuses on return to profitability to resume dividend payment
SATS reiterates a focus on the return to profitability in order to be able to resume dividend payment to shareholders.
October 17, 2023
Company in the news
Swiss logistic provider Kuehne+Nagel, signs MOU with SATS Ltd
Kuehne+Nagel and SATS look to drive value chain improvements and sustainability efforts within the air logistics industry.
October 17, 2023
Broker's Calls
Analysts keep ‘buy’ and ‘neutral’ calls on SATS following expected 1QFY2024 results
DBS's TP stood unchanged at $3.20 while PhillipCapital's TP stood at $2.51.
August 21, 2023
Results
SATS reports loss of $29.9 mil for 1QFY2024, its first financial statement since WFS acquisition
SATS had a greater loss per share of 2 cents, but its group revenue increased to $1.2 billion in this period.
August 15, 2023
Company in the news
SATS and SingPost sign MOU for potential JV of e-commerce transhipment hub in Singapore
The jointly operated transhipment hub facility will aim to shorten delivery times and reduce operating costs and manpower.
July 04, 2023
Broker's Calls
DBS downgrades SIA to 'hold', urges switch to ST Engineering, SATS instead
DBS analysts believe SIA's earnings may peak in FY2024 as supernormal passenger yields revert to more normalised levels.
June 27, 2023
Global Markets
The 'triumph' of hope over experience
This market temperature is kind of boring, but if we only look at the top volumes
June 22, 2023
New appointments
Henry Low appointed COO at SATS
SATS promotes Henry Low to COO. Low spent 12 years at Amazon in various roles
June 19, 2023
Aviation & Engineering
SATS announces new organisational structure and new key executive appointments
“The changes in the organisational structure and leadership is an expression of SATS’ transition into a global company."
June 16, 2023