Singapore Airlines (SIA)

Singapore Airlines raises $2 bil from sale-and-leaseback transactions - THE EDGE SINGAPORE

Aviation & Engineering

Singapore Airlines raises $2 bil from sale-and-leaseback transactions

SIA completed sale-and-leaseback transactions for 11 aircraft, including seven Airbus A350-900s and four Boeing 787-10s.

Covid-19

Singapore travel bubble with Hong Kong to start May 26

Flights will be operated by Singapore Airlines and Cathay Pacific Airways.
DBS downgrades SIA to 'fully valued' as share price runs ahead of fundamentals - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades SIA to 'fully valued' as share price runs ahead of fundamentals

The brokerage has estimated a target price of $3.60 that’s based on 0.9 times FY2022 price-to-book (P/BV) for the airline.
Broker's Digest: SIA, Sheng Siong, Sunpower, AusGroup, Jiutian Chemical Group - THE EDGE SINGAPORE

Broker's Calls

Broker's Digest: SIA, Sheng Siong, Sunpower, AusGroup, Jiutian Chemical Group

See the analysts' recommendations and target prices here.
SIA group passenger capacity down 56.3% y-o-y for March 2021 - THE EDGE SINGAPORE

Aviation & Engineering

SIA group passenger capacity down 56.3% y-o-y for March 2021

SIA says it remains “hopeful” for a measured recovery in demand for international air travel.
UOBKH downgrades SIA to 'sell' as it is 'less optimistic' of a traffic recovery by 3Q21 - THE EDGE SINGAPORE

Broker's Calls

UOBKH downgrades SIA to 'sell' as it is 'less optimistic' of a traffic recovery by 3Q21

The way UOB Kay Hian analyst K Ajith sees it, SIA’s stock price is now trading higher than its foreseeable fundamental value.
CGS-CIMB ups SIA Engineering to 'add', recommends switch from SIA on better valuations - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB ups SIA Engineering to 'add', recommends switch from SIA on better valuations

CGS-CIMB has raised SIA Engineering's target price to $2.85 from $1.78 previously.
CGS-CIMB downgrades SIA to 'hold', says it may be time to take profit on the airline - THE EDGE SINGAPORE

Broker's Calls

CGS-CIMB downgrades SIA to 'hold', says it may be time to take profit on the airline

The downgrade, according to CGS-CIMB analyst Raymond Yap, is due to the rising optimism that’s been priced into SIA’s shares.

Aviation & Engineering

SIA says it expects to see expansion in passenger network in coming months in Feb operating results update

Based on current schedules, the group says its passenger capacity is expected to be around 26% of pre-Covid-19 levels by May 2021.
Interest in SPH driven by technical breakout, future REIT IPO and STI tests 2020 high - THE EDGE SINGAPORE

Right Timing

Interest in SPH driven by technical breakout, future REIT IPO and STI tests 2020 high

SIA is likely to progressively move higher over the next several weeks. SPH is attracting interest because it plans a REIT IPO
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