The Singapore research team at UOB Kay Hian has added AEM, Keppel Corporation (Keppel Corp) and Singapore Post (SingPost) to its alpha picks portfolio for the month of May.“We add AEM due to it being a beneficiary of Intel’s aggressive capex plans while Keppel’s inclusion stems from the large ...

SIA Engineering Company (SIAEC) and Honeywell, on May 11, announced that they have entered into a memorandum of agreement (MOA) for the licensing of repair capability for parts on Boeing 737 and 787 aircraft. The MOA covers the licensing agreement for the repair and overhaul of the 737 and 787 air d...

Analysts are mixed on SIA Engineering Company (SIAEC) after the company released its figures for the FY2022 ended March on May 5.DBS Group Research analysts Suvro Sarkar and Jason Sum have downgraded their recommendation to “hold” from “buy” as they see SIAEC’s core profitability being “...

DBS Group Research on Monday (May 9) downgraded SIA Engineering (SIAEC) to “hold” from “buy”, as reopening gains are likely already accounted for in its current share price. It maintained a target price of S$2.65.

DBS Group Research analysts Yeo Kee Yan, Janice Chua and Woon Bing Yong are recommending investors switch from stock leaders to laggards on the recovery theme.This is as shares in counters benefitting from the reopening theme have re-rated since the easing of measures that include lowering the DORSC...

SIA Engineering Company may have experienced the strongest recovery in flights handled in April, but the maintenance, repair and overhaul service provider would require the volume of activities to be substantially more before it can break even operationally.

THE following companies saw new developments that may affect trading of their securities on Friday (May 6): Frasers Logistics and Commercial Trust (FLCT): The real estate investment trust (Reit) on Friday posted a 1.3 per cent rise in distribution per unit (DPU) to S$0.0385 for its first hal...

SIA Engineering Company (SIAEC) has reported earnings of $67.6 million for the FY2021/2022 ended March, reversing into the black from the loss of $11.2 million for the FY2020/2021.For the 2HFY2021, the company saw earnings of $42.6 million, 5.5 times higher than the earnings of $7.8 million in the c...

MAINBOARD-LISTED SIA Engineering Co (SIAEC) saw second-half earnings rebound on a writeback of associates’ tax provisions, its latest results showed on Thursday (May 5).

Just like the rest of the aviation sector, when the pandemic broke out, investors flew the coop on Sats, sending its share price down by half from about $5.10 before the Covid-19 pandemic, to a low of $2.52 during the selloff on March 23, 2020.Two years on, with vaccination and the gradual reopening...