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SATS
Broker's Calls
Brokers' Digest: Singtel, Sembcorp Industries, SATS
See what the analysts have to say this week.
June 01, 2023
Aviation & Engineering
SATS' JV executes concession agreements to build multi-modal cargo hub at Noida International Airport
The cargo hub will be financed through a mix of internal cash resources and external bank borrowings.
May 31, 2023
Broker's Calls
SATS' post FY2023 earnings result draws mixed reaction from analysts
SATS faces a slowing economy, but recovery in air travel
May 31, 2023
Results
SATS reports loss of $26.5 mil for FY2022/2023 due to one-off merger and acquisition expenses
The group has declared no dividends for the period.
May 29, 2023
Broker's Calls
DBS upgrades Sats to 'buy', citing 'attractive' valuation
Sats has made commendable progress in refinancing WFS’s costly debt
May 22, 2023
New appointments
Sats includes WFS key members to its global management board
The inclusion of the three key members of WFS is a recognition of their contributions, track record and experience.
May 03, 2023
Company in the news
Sats opens central kitchen in Tianjin
The Tianjin central kitchen deploys the latest automation and internet of things (IoT) technology.
April 14, 2023
Broker's Calls
Completion of SATS's WFS acquisition lifts share price overhang, says CGS-CIMB
CGS-CIMB Research analysts have kept their 'add' call and target price of $3.10 on SATS.
April 12, 2023
Deals, joint ventures & alliances
Sats and Mitsui form strategic alliance to jointly explore harnessing respective strengths
The MoU is for an initial three years and renewable for successive two year extensions.
April 05, 2023
Broker's Calls
Citi re-initiates ‘neutral’ call on SATS as it sees an equal number of risk and rewards
Citi's Kaseedit Choonnawat has given SATS a TP of $2.98 in his report dated March 30.
March 31, 2023