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SIA Engineering Company Limited (SIAEC)
Broker's Calls
Analysts split on SIA Engineering as reopening lags, potential M&A 'exciting'
In March, SIA Engineering signed a memorandum of understanding to explore acquisition of SR Technics Malaysia.
July 28, 2021
Broker's Calls
With strong cash balance, 'add' SIA Engineering for eventual recovery: CGS-CIMB
SIA Engineering’s 1QFY3/2022 revenue of $125.3 million, up 9% q-o-q and up 6% y-o-y, was driven by higher flight activities.
July 26, 2021
Results
JSS keeps SIA Engineering in the sky with $14.5 mil 1Q21/22 net profit
Without this support, the Group would have recorded a loss of $24.1 million.
July 23, 2021
Aviation & Engineering
SIA, SIA Eng, ST Eng: High-flying aviation businesses brought down to earth
CGS-CIMB said the potential restructuring move could happen via the paring down or complete divestment of SIA's stake in SIAEC.
July 02, 2021
Company in the news
SIA share price shrugs off largest ever full-year net loss of $4.27 bil
This was the airline’s second full-year loss since its FY2020 net loss of $212 million.
May 21, 2021
Broker's Calls
OCBC keeps 'hold' on SIAEC albeit with higher TP of $2.37
OCBC believes the aviation maintenance, repair and overhaul environment remains challenging.
May 10, 2021
Results
SIA Engineering Company reports $7.8 mil earnings for 2H20/21, and $11.2 mil net loss for FY20/21
The group says the number of flights handled by SIAEC has been slowly recovering in the 2HFY2020/2021.
May 04, 2021
Company in the news
Could Temasek restructure SIAEC and ST Engineering next?
Sembcorp Industries, Sembmarine, Keppel Corp and CapitaLand have undergone or will undergo restructuring. Which companies next?
April 16, 2021
Broker's Calls
CGS-CIMB ups SIA Engineering to 'add', recommends switch from SIA on better valuations
CGS-CIMB has raised SIA Engineering's target price to $2.85 from $1.78 previously.
April 09, 2021
New appointments
SIA Engineering appoints former PwC Singapore vice chairman as independent director
Quek Bin Hwee has been appointed as an independent, non-executive director with effect from April 1.
March 24, 2021