SBS Transit

Stocks To Watch

Wilmar, Noble, SBS Transit, SATS, UOL, Hotel Properties

SINGAPORE (Nov 11): Here are some factors and stocks that could move the market this Friday morning:

Results

SBS Transit posts 43% rise in 3Q earnings to $7.8 mil on higher revenue

SINGAPORE (Nov 10): SBS Transit reported a 43.2% increase in 3Q16 earnings to $7.8 million from $5.5 million in 3Q15.
SMRT

Public transport operators to lose $79 mil in revenue on 4.2% fare reduction

SINGAPORE (Oct 27): Public transport operators SBS Transit, SMRT, and the Land Transport Authority (LTA) will see a total decrease in fare revenue of about $79 million a year, after the Public Transport Council (PTC) on Thursday announced a 4.2% decrease

Hairline cracks found on 11 more trains

SINGAPORE (Sept 9): Land Transport Authority (LTA) and SBS Transit on Friday revealed that hairline cracks were discovered on 11 Sengkang-Punggol LRT (SPLRT) trains during a fleet-wide inspection by SBS in July.

Results

SBS Transit sees 2Q earnings rise 19% to $7.3 mil

SINGAPORE (Aug 11): Transport operator SBS Transit reported a 19% rise in 2Q earnings to $7.25 million, or 2.34 cents per share, from a year ago.
ComfortDelGro

Broker's Calls

Will ComfortDelGro ride on new rail financing framework?

SINGAPORE (July 20): Credit Suisse has maintained its “outperform” rating for transport operator ComfortDelGro (CD) with a lower target price of $3.53, from $3.70 previously.

Temasek said to weigh buyout of Singapore subway operator SMRT

SINGAPORE (July 18): Singapore state investment company Temasek Holdings is considering a buyout offer for SMRT Corp, the city-state's biggest subway operator, a person with knowledge of the matter said.

Transport stocks experiencing gyrations

SINGAPORE (July 18): Singapore transport stocks are experiencing volatility.

Broker's Calls

Singapore’s land transport kept at ‘overweight’ by RHB following third bus package tender

SINGAPORE (June 8): RHB has reiterated its “overweight” rating on Singapore’s land transport sector, after the Land Transport Authority (LTA) on Tuesday issued the tender for the third bus package.
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