Singapore Stock Market News
SIA Engineering - Engines keep stalling; HOLD
StockFanatic
Publish date: Tue, 03 Nov 2015, 02:24 PM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
■ 2Q16 net profit missed on lower-than-expected engine shop performance. EBIT was much better, but from a low base.
■ We cut FY3/16E EPS 6% to reflect the weak results (FY3/17- 18E largely unchanged). Airline maintenance should increase in FY16 and fleet retirement should slow on lower oil prices.
■ Maintain HOLD. TP lifted 14% to SGD3.75 after rolling forward to FY3/17E EPS with target PER unchanged at 20x.
Read more » More articles on Singapore Stock Market News
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Record highs on trade, vaccine developments
Created by StockFanatic | Aug 26, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: Data help US market end week on a high note
Created by StockFanatic | Aug 24, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: And they are back, with S&P within inches of record high close
Created by StockFanatic | Aug 13, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Market Commentary: US negotiations over stimulus continue amid diplomatic tensions
Created by StockFanatic | Aug 11, 2020
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Latest Videos
Apps
Top Articles
1
THE SINGAPOREAN INVESTOR
DBS, UOB, or OCBC - Which Bank Had the Best Performance for Q3 and 9M FY2024?
2
RHB Investment Research Reports
United Overseas Bank - 2025 Shaping Up to be An Interesting Year
3
RHB Investment Research Reports
OCBC Bank - More Patience Needed on Capital Management Plans
4
SGX Market Updates
SIA Engineering Resumes Buybacks After Reporting H1 FY2025 Results
5
CEO Morning Brief
Singapore Airlines Vows to Expand Capacity Despite Rising Competition
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
