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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:
November 11, 2016
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.
November 10, 2016
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
October 27, 2016
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.
September 09, 2016
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.
August 11, 2016
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.
July 20, 2016
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.
July 18, 2016
Transport stocks experiencing gyrations
SINGAPORE (July 18): Singapore transport stocks are experiencing volatility.
July 18, 2016
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.
June 08, 2016