SINGAPORE (Jan 15): Singapore’s aviation services-related stocks have been weighed down by a slowdown in Chinese visitor arrivals in 4Q18. However, Maybank KimEng says market worries are somewhat overblown. “We remain bullish on the sector for the secular longer-term trends of global fleet and ...

Submitted By:  Arianna Danganan Case Study:  No Competition in the airline industry continues to place pricing pressure on the firm. Ground handling and in-flight c...

SINGAPORE (Jan 11): OCBC Investment Research is downgrading SATS back to “hold” while raising its fair value to $5.34 from $5.23 previously, after updating its cost of equity (COE) assumptions to factor in its latest share price rally. This is because the research house sees diminishing upside ...

OCBC Investment Research has downgraded its rating on SATS from "buy" to "hold" with a fair value estimate of S$5.23 from S$5.34 previously, on the back of limited upside following the counter's recent price appreciation. 

SINGAPORE (Dec 31): With the US poised for a slowdown, what does this mean for Singapore’s economy in 2019? Morgan Stanley economist Deyi Tan says it is inevitable that the city state will follow suit. “I think there is no avoiding the situation that Singapore’s GDP growth will also slow dow...

Skillsfuture Singapore will roll out a new Earn and Learn Programme for the air transport sector in collaboration with SIM Global Education and gateway services provider SATS.

A NEW SkillsFuture Earn and Learn Programme (ELP) for the air transport sector was announced on Monday by Senior Minister of State for Trade and Industry, and for Education Chee Hong Tat at the sidelines of a visit to SATS. 

Submitted By:  Luz Wendy Noble Case Study:  No The strongest stock returns during the period were from Venture, SATS, and Jardine Cycle & Carriage. This chart f...

SINGAPORE (Dec 21): DBS has a “neutral” rating on Singapore’s transport sector in 2019, with hopes that a better-than-expected economic growth and activity globally would help improve demand volume and pricing for the transport sector. This in turn should help improve ROEs, which have been un...

SINGAPORE (Dec 10): In a recent report, KGI Securities highlighted some dividend-yielding stocks in a one-page report titled “High Dividend Watchlist”. According to the broker, these stocks offer higher growth compared with real estate investment trusts (REITs), but are more volatile. The amou...

Submitted By:  Luz Wendy Noble Case Study:  No They could look into providing optional meals for Scoot passengers. Despite Singapore Airlines’ (SIA) route res...

SINGAPORE (Nov 30): UOB KayHian is maintaining “market weight” on the local aviation sector, while its top “buy” picks remain SATS and ST Engineering, which have been given price targets of $5.40 and $4.06, respectively. The research house has lowered its full-year net profit estimate for S...

SINGAPORE (Nov 30): OCBC Investment Research is maintaining “neutral” on the Singapore industrials sector, indicating a preference for ST Engineering and Singapore Airlines (SIA) due to their earnings resilience and low valuations, respectively. Both stocks have been rated “buy” with fair v...

DIGITALISATION has helped local food distributor SATS BRF to create a document retrieval system which enables halal, health and import permits to be stored in the cloud and automatically indexed.

MORE than 33,000 small and medium-sized enterprises (SMEs) in Singapore can stand to gain from the new wholesale trade industry digital plan (IDP) launched on Monday by Senior Minister of State for Trade and Industry Koh Poh Koon during his visit to SATS BRF Food.

SINGAPORE Airlines (SIA), ground-handler Sats and duty-free retailer DFASS will invest over S$35 million in travel retail joint venture KrisShop, which aims to offer targeted products and services for passengers.

STI and short- and medium-term indicators have stabilised Quarterly momentum languished during the past four trading sessions, but remains above a resistance and its own moving average. In addition, ADX is neutral after a period of being negatively placed. The 21-day RSI remains intact. The Straits...

SINGAPORE Airlines (SIA), ground-handler Sats and duty-free retailer DFASS will invest over S$35 million for shares in travel retail joint venture KrisShop, with SIA taking a 70-per cent stake for S$24.9 million.

THE following companies made announcements which could affect trading of their shares on Tuesday.

SATS, the chief ground-handling and in-flight catering service provider at Singapore's Changi Airport, on Monday made moves to scale up its operations in China. The aim, it said in separate announcements, is to target customers in fast-casual restaurants, as well as the aviation sector....

SATS Ltd, the chief ground-handling and in-flight catering service provider at Singapore's Changi Airport, on Monday said that it will build a central kitchen in Hexiwu Town Food Zone as part of an investment agreement between Tianjin Wuqing Hexiwu Town Government and its unit SATS Ch...

SINGAPORE (Nov 19): SATS's subsidiary SATS China Co has entered into an investment agreement with Tianjin Wuqing Hexiwu town government to construct and operate a central kitchen in Hexiwu Town Food Zone. SATS is one of Asia’s leading provider of gateway services and food solutions. Under the agr...

SATS Ltd, the chief ground-handling and in-flight catering service provider at Singapore's Changi Airport, on Monday said that it will build a central kitchen in Hexiwu Town Food Zone as part of an investment agreement between Tianjin Wuqing Hexiwu Town Government and its unit SATS Ch...

SINGAPORE (Nov 12): DBS is reiterating its “buy” recommendation on SATS with a lower target price of $5.60, compared to $5.65 previously, on positive long term growth prospects. This came on the back of the group recording a 9% drop in 2Q19 earnings to $65.7 million, from $72.2 million in 2Q18,...

Submitted By:  Danielle Isaac Case Study:  No It continued to be hit by the absence of the $7m gain from the disposal of SATS HK. SATS’ profits for the second...

THE following companies saw new developments that could affect trading of their shares on Friday:

SECOND-quarter earnings for mainboard-listed ground handler and in-flight catering services provider Sats came in at S$65.7 million, or 9 per cent lower from S$72.2 million a year ago.

SECOND-QUARTER earnings for ground handler and in-flight catering services provider Sats came in at S$65.7 million or 9 per cent lower from S$72.2 million a year ago. 

SINGAPORE (Nov 8): SATS Ltd, the provider of gateway and food solutions, has announced 2Q19 earnings of $65.7 million, down 6.5% from $72.2 million a year ago in the absence of a one-off gain on disposal of assets held for sale, as well as lower contributions from associates/joint ventures (JVs). N...