SIA Engineering had an “ugly” fiscal third quarter, which missed forecasts, but it’s “not as terrible as it looks,” as it was mainly from one-offs at associates, Maybank KimEng said in a note on Monday.
The worst isn’t over for SIA Engineering amid deteriorating fundamentals, Daiwa said on Friday after earnings missed forecasts on surprise provisions for joint ventures and associates.
These are Singapore companies which may be in focus Monday, 11 February 2019: SIA Engineering, Manulife US REIT, Ascendas REIT, No Signboard and Creative.
SIA Engineering reported Friday fiscal 3Q net profit dropped 40.1% on-year to S$33.1M, amid one-time events at associated and joint-venture companies.
These are Singapore stocks which may be in focus on Wednesday, 30 January 2019: Starhill Global REIT Starhill Global REIT reported net property income for…
These are Singapore companies which may be in focus on Friday 21 December 2018: Keppel Land Keppel Land’s wholly owned subsidiary DC REIT Holdings, or…
These are Singapore stocks which may be in focus on Monday 17 December 2018: DBS and Halcyon Agri DBS Bank and Halcyon Agri entered a…
SIA Engineering said on Friday that it would divest its wholly owned Australia-based subsidiary, Aircraft Maintenance Services Australia, or AMSA, to Heston Services. SIA Engineering…
These are Singapore stocks which may be in focus on Friday 9 November 2018: City Developments City Developments reported on Thursday that its net profit…
SIA Engineering reported on Thursday that its fiscal second quarter net profit fell 1.6 percent on-year to S$38 million ami lower revenue from airframe and…
Jardine Matheson UK conglomerate Jardine Matheson expects to generate net proceeds of around 1.7 billion pounds following an agreement to let Marsh & McLennan acquire…
Daiwa downgraded SIA Engineering to Hold from Outperform as media reports indicate Tigerair Australia may end all maintenance work at its facility in the Philippines….
With the U.S. trade war on China threatening to “take a turn for the worse” over the next couple months, stocks trading near “bombed-out” valuations…
Keppel Corp Keppel Corporation posted a 44% rise in second quarter net profit and said it will pay a higher dividend for the half…
Singapore shares may open lower amid negative leads from Wall Street and regional markets as interest rates appeared set to rise further and as trade…
Singapore’s stocks were headed to the open on Monday with a lackluster lead, with Wall Street essentially flat on Friday. But DBS’ higher-than-expected earnings were…
The demand for maintenance, repair and overhaul (MRO) services in Asia Pacific remains upbeat in the short-term, with Singapore’s MRO players in a prime spot…
Singapore’s planned new airport tax to fund the Terminal 5 expansion may dent full-services carriers, such as Singapore Airlines, Daiwa said in a note dated…
