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Company in the news
Hainan Airlines awards SATS contract for Saudi Arabia operations
SATS to handle Hainan Airlines' operations in Saudi Arabia.
January 25, 2024
Aviation & Engineering
SATS launches US$500 mil bonds under multicurrency debt issuance programme
According to SATS, this refinancing exercise will result in an "all-in” interest saving of approximately $8.8 million per year.
January 17, 2024
Broker's Calls
UOB Kay Hian keeps ‘buy’ call on SATS, expects recovery via increased travel and cargo
SATS's 3QFY2024 earnings look poised to grow thanks to the continued recovery in air travel and cargo activities.
January 10, 2024
Broker's Calls
UOBKH adds CLAS and SATS, drops RH Petrogas, SIA Engineering and FEHT from alpha picks
UOBKH’s alpha picks portfolio outpaced the STI in 4QFY2023 and the full year, gaining 2.2% and 8.7% on an equal-weighted basis.
January 04, 2024
Broker's Calls
UOB Kay Hian keeps ‘market weight’ on aviation sector, cites Chinese visitor arrival driven-growth
Although the Singapore-China visa-free arrangement could spur the return of Chinese tourists to Singapore it will take time.
December 13, 2023
Aviation & Engineering
SATS gives notice of three years of consecutive losses
The group's market capitalisation as at Nov 26 is at $4.08 billion.
November 26, 2023
Company in the news
SATS establishes US$3 bil multicurrency debt issuance programme
The net proceeds from the issue of the instruments under the programme will be used to refinance existing borrowings and more.
November 19, 2023
Broker's Calls
Brokers’ Digest: StarHub, Nanofilm, ST Engineering, FHT, Sats
See what the analysts have to say this week.
November 19, 2023
Broker's Calls
Analysts mixed on SATS’ 1HFY2024 results
Unlike the rest of the analysts, PhillipCapital analyst Peggy Mak has downgraded her call on SATS to “reduce".
November 15, 2023
Results
SATS’ 1HFY2024 loss of $7.8 million marks 76% improvement y-o-y
SATS’ standalone revenue increased by 30.3 y-o-y to $1.0 billion in 1HFY2024.
November 10, 2023