Singapore Airport Terminal Services (SATS)

Broker's Calls

SATS upgraded to 'buy' as long-term global air passenger and cargo growth stays intact

SINGAPORE (Sept 18): Shares of SATS have fallen by about 7% from its recent peak in end Jul compared to the STI’s 6% drop in the same period, OCBC Investment Research, amid concerns about trade tensions between the US and China.

Results

SATS reports 1.8% lower 4Q earnings of $65.4 mil; brings FY18 earnings to $261.5 mil

SINGAPORE (May 30): SATS, the gateway services and food solutions provider, reported earnings of $65.4 million for 4Q18 ended March, 1.8% lower compared to a year ago.

Broker's Calls

SATS' long-term prospects stay intact on Turkey flight kitchen and Changi T5 but buy on dips

SINGAPORE (Feb 14): DBS is maintaining its "hold" on SATS, advising investors wait for a share price correction to buy while CIMB is maintaining its "buy" given it remains positive on its long-term prospects.
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