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Changi Airport
Broker's Calls
UOBKH turns bearish on SIA, recommends 'taking profit'
SINGAPORE (June 22): About a month ago, UOB KayHian (UOBKH) was one of few brokerages that were optimistic about Singapore Airlines’ prospects.
June 22, 2020
Aviation & Engineering
SIA Engineering braces for full Covid-19 impact; reviews JVs and mulls M&A opportunities
SIA Engineering’s 4Q and FY2020 results ended March 31 may have suffered minimal impact from the novel coronavirus (Covid-19) pandemic. But, the worst has yet to come for the provider of maintenance, repair and overhaul (MRO) servi
May 15, 2020
Results
SIA Engineering posts mixed 4Q, full year results amid Covid-19 pandemic
SINGAPORE (April 8): As most flights worldwide were suspended from March onwards, SIA Engineering was able to eke out a mixed set of results for the fourth quarter and full year ended March 31.
May 08, 2020
Broker's Calls
SATS profit warning prompts DBS to lower earnings forecasts, TP
SINGAPORE (May 6): Following a recent profit warning and earnings guidance by SATS, the in-flight catering service provider’s bottom line could likely be hit more severely than anticipated, according to DBS Group Research.
May 06, 2020
In print this week
Life after the Great Lockdown of 2020
The Covid-19 pandemic is a set to disrupt every aspect of society – for better or worse. Say goodbye to life as you know it
April 17, 2020
Aviation & Engineering
Temasek to lead $15 bil rescue of SIA
SIA plans to offer a three-for-two rights issue at $3 per share, which is a 53.8% discount off SIA’s last traded price of $6.50. It will also raise up to another $9.7 billion from a 10-year Mandatory Convertible Bonds (MCB).
March 27, 2020
Investing ideas
Singapore aviation services poised to continue to soar: Maybank
SINGAPORE (Nov 26): Maybank Kim Eng Research is positive on the Singapore aviation services sector for 2020, with a pick up in the number of events in 2020 expected to fuel the sector’s continued outperformance.
November 26, 2019
Aviation & Engineering
Did Singapore plagiarise an airport?
SINGAPORE (Nov 11): Akbar Al Baker, the head of Qatar Airways, recently caused a stir with a very odd accusation. Singapore, he said, had plagiarised an unbuilt expanse of Hamad International Airport in Doha, his country’s connecting point to global av
November 08, 2019
REITs
Retail rumble is much ado about nothing, has limited impact on retail REITs
Diversified portfolio, tenant base protect REITs
So far, the locally focused retail REITs appear unaffected by Giant’s possible exit from the local market. For instance, CMT has about 2,800 leases and around 30% of these are renewed each year. Th
August 30, 2019
M&A
Singapore's duty-free operator DFS exiting as Korean rivals bid
(Aug 27): Hotel Lotte Co and Hotel Shilla Co, South Korea’s two largest duty-free companies, are among bidders for the rights to take over the liquor and tobacco business at Singapore’s Changi Airport, after longtime operator DFS Group unexpectedly di
August 27, 2019