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.

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

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.

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.

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

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).

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.

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

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

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
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