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SATS
M&A
SATS confirms report of talks to acquire Worldwide Flight Services but flags 'inaccuracies'
SATS says discussions involving the transaction is ongoing, but there is nothing formally agreed on, including the price.
September 21, 2022
M&A
SATS said in talks to buy US$3 billion Worldwide Flight Services
The Singapore-based company has sounded out financing for the potential purchase
September 21, 2022
Markets
SATS calls for trading halt, first in over 13 years
The Edge Singapore has contacted SATS for comment.
September 21, 2022
Broker's Calls
Analysts keep 'buy' calls on SATS despite cost pressures
Among the brokerages, UOB Kay Hian believes investors should accumulate SATS on its share price weakness.
July 26, 2022
Results
SATS records red ink of $22.5 million as it incurs higher costs to meet resumption of travel demand
The company expects the recovery trajectory to continue but warns that inflation will remain a challenge.
July 22, 2022
Aviation & Engineering
SATS sells 49% stake in Brahim's Sats Investment Holdings for $3.2 mil
The remaining 51% in Brahim’s SATS Investment Holdings is held by Brahim’s Holdings.
July 13, 2022
Broker's Calls
SATS still 'well-positioned' to capture Changi Airport’s mid-term traffic recovery: Citi
In his report dated July 9, Sats is still seen as Choonnawat’s aviation sector pick in Asean.
July 13, 2022
Broker's Calls
UOB KH sees continued recovery momentum for aviation, but warns of higher costs and uncertain outlook
Analyst Roy Chen has lowered his TPs for SIA Engineering and Sats
June 22, 2022
Investing ideas
Government grants lift Sats; analysts eye ‘inflection point’
As the aviation industry recovers, SATS will hopefully also see better days.
June 02, 2022
Broker's Calls
DBS downgrades SATS to 'hold'; other analysts keep 'buy' calls despite missed expectations
DBS, UOB Kay Hian and Citi have pegged TPs of $4.50, $4.75 and $4.60. CGS-CIMB and OCBC have upped their TP to $4.88 and $4.94.
June 01, 2022