SIA Engineering - NDR feedback | I3investor

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SIA Engineering - NDR feedback

StockFanatic

Publish date: Wed, 11 Jun 2014, 10:12 AM

■ Operational efficiency to compensate for labour cost pressure in Singapore. Fairly low threat of new entrants despite growing Line maintenance market at Changi Airport.

■ Remain positive after the non-deal roadshow and reiterate our view that SIAEC offers the best proxy to the structural air traffic growth in the region.

■ Maintain BUY with TP of SGD5.75.

SIA Engineering (S59)

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