SATS Limited

STI continues upward trajectory on better results, vaccine optimism - THE EDGE SINGAPORE

STI watch

STI continues upward trajectory on better results, vaccine optimism

The benchmark Straits Times Index (STI) rose 34.69 points or 1.28% as at 12.58pm to 2,746.08.
STI up by 1.1% following recent spate of good news - THE EDGE SINGAPORE

STI watch

STI up by 1.1% following recent spate of good news

The benchmark Straits Times Index (STI) gained 1.1% to 2,510.56 points from last week’s 2,483.01 points.

Deals, joint ventures & alliances

SATS, PSA ink MOU to establish sea-air connectivity

SINGAPORE (May 9): SATS and PSA International on Thursday signed a memorandum of understanding (MOU) to provide cargo owners and logistics service providers with seamless connectivity.

Broker's Calls

OCBC downgrades SATS back to 'hold' due to limited near-term upside

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.

Aviation & Engineering

SATS an attractive 'buy' at price levels below $5.15, says OCBC

SINGAPORE (June 14): OCBC Investment Research is upgrading its call on SATS Limited to “buy” from “hold” with an unchanged fair value of $5.50.
SATS

SATS is world’s first IATA-certified ramp services trainer; introduces IoT into technical ramp operations

SINGAPORE (Dec 15): SATS on Thursday announced that it is the first worldwide to be awarded International Air Transport Association (IATA) accreditation for ramp services training.
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