SIA Engineering Company Limited (SIAEC)

Broker's Calls

SIA Engineering taking flight with its partners

SINGAPORE (July 4): OCBC Investment Research is maintaining its “hold” recommendation on SIA Engineering Company (SIAEC) with a fair value of $3.75.
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In print this week

SIA Engineering has better yield than parent Singapore Airlines

SINGAPORE (July 3): SIA Engineering Co, the 77.5%-owned sub sidiary of flag carrier Singapore Airlines, is rewarding shareholders with a final payout of 14 cents. This brings its full-year payout to 18 cents for FY2017 ended March 31, up four cents from t

SIA Engineering's Philippine unit appointed as Embraer E-Jets authorised service centre

SINGAPORE (June 29): Embraer Asia Pacific has appointed SIA Engineering (Philippines), a subsidiary of SIA Engineering (SIAEC), as an E-Jets authorised service centre.

Broker's Calls

Switch out of SIA Engineering into ST Engineering, recommends CIMB

SINGAPORE (June 28): CIMB Research is downgrading SIA Engineering from "hold" to “reduce” with a lower price target of $3.86 in view of the stock’s expensive valuations and limited catalysts.

Aviation & Engineering

SIA Engineering, Boeing sign deal for aircraft maintenance training services

SINGAPORE (June 21): SIA Engineering announced the signing of an agreement with The Boeing Company to collaborate on the provision of aircraft maintenance training services on current and new generation aircraft types including the next-generation 737, 77

SIA Engineering, GE Aviation to form engine overhaul JV in Singapore

SINGAPORE (June 20): SIA Engineering Company (SIAEC) and GE Aviation announced Tuesday that they are establishing a new engine overhaul joint venture based in Singapore.

Aviation & Engineering

SIA Engineering JV designated MRO facility in Singapore for A320neo engine

SINGAPORE (June 19): An SIA Engineering JV has been selected as designated MRO facility in Singapore for one of two engines that power the Airbus A320neo aircraft.

Broker's Calls

SIA Engineering kept at ‘hold’ on absence of catalysts

SINGAPORE (May 17): DBS and OCBC are maintaining their “hold” calls on SIA Engineering with target prices of $3.84 and $3.75 respectively.

Broker's Calls

Is SIA Engineering’s current share price sustainable?

SINGAPORE (May 16): SIA Engineering (SIAEC) has seen its share price rise by 18.5% this year. But UOB Kay Hian believes its current valuation is unlikely to be sustainable.

Results

SIA Engineering full-year earnings up 88% to $332.4 mil on one-off divestment gain

SINGAPORE (May 12): SIA Engineering posted earnings of $332.4 million for the full year ended March, an 88.2% increase compared to earnings of $176.6 million a year ago.
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