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SATS
Results
Sats reports full year earnings with government support, warns of costs pressures even as volume picks up
"Sats will continue to grow new revenue streams."
May 30, 2022
Broker's Calls
Switch from leaders to laggards like ComfortDelGro, FCT, Genting Singapore, ART, CDLHT and ThaiBev: DBS
The analysts estimate that the STI will be trading between support at 3,200 to 3,250 points with near-term resistance at 3,408.
May 06, 2022
Aviation & Engineering
SATS bets big on food as it awaits appetite for aviation to rebound
While many of us know SATS from our flights at Changi Airport, the company has a second major arm it is betting on: Food.
April 28, 2022
Broker's Calls
SIAEC and SATS are UOBKH's preferred proxies to ride recovery of 'market weight' aviation sector
In his report, UOB Kay Hian's Roy Chen has kept his “buy” call on SATS and SIAEC and “hold” on SIA.
April 27, 2022
Innovation
SATS invests $150 million in food production automation project in Jurong Innovation District
The move is in line with SATS’ strategy to strengthen its Singapore core,while growing its international and non-travel businesses
April 07, 2022
Broker's Calls
UOB Kay Hian expects Singapore aviation sector to recover by end-2024, sees SIAEC as top pick to ride on recovery
UOB Kay Hian has re-initiated coverage on SIAEC, SATS and SIA with "buy", "buy", and "hold" calls.
March 29, 2022
Broker's Calls
DBS says STI reaching near-term cap, reveals inflationary environment picks
Even as the optimism on the reopening of Singapore lifts the STI, it may be close to a peak, says DBS.
March 28, 2022
Broker's Calls
Analysts mixed on SATS as air traffic takes off once again
DBS and Citibank have maintained their calls, while CGS-CIMB has raised their target price slightly.
February 25, 2022
Aviation & Engineering
Keppel T&T divests entire stake in Asia Airfreight Terminal Company to SATS for $35.8 mil
As at Dec 31, 2021, the book value and net tangible asset value of the sale shares stood at HK$199.4 million or $34.5 million.
February 23, 2022
Results
SATS posts earnings of $5.1 mil in 3Q business update
The group would have seen a loss of $33.0 million in the quarter if not for the reliefs from the government.
February 23, 2022