Latest Forum Topics / SATS Last:3.79 -0.07 | Post Reply |
SATSvcs
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chipchip66
Master |
29-Jun-2007 14:46
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Div is $110 per lot gross and most probably another $40 per lot in Nov07. XD at end July. |
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chipchip66
Master |
29-Jun-2007 14:31
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Yes, SIA Engineering was about the same price with SATs but later SIA Engineering took off with Jet Fuel while SATs is still moving on car fuel 98. |
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sohguanh
Veteran |
29-Jun-2007 14:28
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i have both SATS and SIA Engrg since IPO times and based on past years performance SIA Engrg is the better stock. i have sold off SATS to buy other REIT stock which offer much better yield than SATS. SATS IPO is $2.50 and if you trace history only in recent times they are above IPO price. both do airport business but SIA Engrg IPO 2.05 now is 4+ whereas SATS IPO 2.50 is 3+ recently only!!!! |
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chipchip66
Master |
29-Jun-2007 14:18
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A block trade at $3.16 for 116lots. Suddenly come alive. May touch $3.20 . Let's see.. |
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stefano
Member |
18-Apr-2007 12:23
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Wow!!! moving aggressively these couple of days. Highest today $3.34 Shd hv some good news in their annual report coming soon. Hope that Sats can distribute the sect 44 credit generously and pay some good dividends. |
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xmen2102
Member |
04-Apr-2007 12:56
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Hi Stefano, Tks for the reply.........is there any copy posted on the net......if there is appreciate u could post the link ....tks.... |
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stefano
Member |
04-Apr-2007 11:09
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it's was in ST Home page last week under Broker's Choice : CITIGROUP TAG SATS AS UNDERVALUED GEM Citigroup Investment Research describes Singapore Airport Terminal Services (Sats) as an "undervalued gem for investors seeking quality names". Sats offers good value with 11 percent growth in earning per share and potential for higher dividends. The firm is also broadening its footprint overseas. Citigroup has a "buy" call on Sats with a target price of $3.29. Citigroup, March 21 Rating : BUY |
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xmen2102
Member |
04-Apr-2007 08:48
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Dear Stefano, Tks for the info......may i know where to get a copy of the citigroup report....... |
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stefano
Member |
02-Apr-2007 16:42
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investors starting to wake up to find this unpolished gem. target price $3.29 by citigroup. announcing results and handsome dividend soon. |
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Investsmart
Senior |
28-Dec-2006 15:40
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Good Operation Statistic and expand business in China. Safe and steady ! |
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Nostradamus
Supreme |
31-Oct-2006 18:03
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Changi's operations have effectively reached a plateau, with scant room to grow until the opening of Terminal 3, scheduled for calendar 2008. SATS has proposed an interim dividend of 4 cents per share to be paid on 22 Nov 2006. The total payout will be $33.5m, representing a payout ratio of 33.4% of net profit, compared to 31.3% in the previous corresponding period. The flat earnings also imply that margin erosion from the liberalisation of the catering and ground-handling operations at Changi has abated. Associate earnings rose 18% qoq to $15.6m on the back of regional investments and also due to write-downs recorded in 1Q06 for its rationalisation of Indonesian operations. KE are looking towards associate income as the main avenue of growth in the medium term. Earlier in the month, SATS announced that it was partnering Air India to clinch the cargo and ground-handling concessions at Bangalore, with its Taj-SATS Air franchise receiving the deal for catering at the New Bangalore International Airport as well. SATS has revealed that it is seeking similar concessions at Hyderabad airport. Other deals in progress include similar projects in New Delhi, Mumbai, Chennai and Kolkata. SATS' overseas strategy is to avoid mature markets like Europe and the US with their thinner margins, and concentrate on emerging markets like India, China and the Middle East. KE peg fair value at the market PER average of 13x. Investors should not overlook the outstanding dividend yield of 5.4%, and the possibility of SATS raising its payout over the next year to utilise its Section 44 tax credits. KE has a target price of $2.60. |
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Nostradamus
Supreme |
30-Oct-2006 23:06
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CIMB-GK has downgraded its rating to "neutral" from "outperform" in view of the thin upside to its current share price. The brokerage also trimmed its price target to $2.38 from $2.44 previously to reflect reductions in its net profit forecasts as it lowered its operating assumptions given the firm's weak outlook. "Management expects business volume for inflight catering and ground handling to be flat in the second half 2007. The outlook for flat business volume is not encouraging, leading us to lower our operating assumptions," CIMB-GK said in a note. "Although revenues were largely in line, pricing pressure appears to have set in again," it added. CIMB-GK has lowered its earnings per share estimate by 2-11% for its year to March 2007 to 2009 financial results. |
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Nostradamus
Supreme |
20-Sep-2006 17:19
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It has won three contracts to provide cargo-handling, catering and ground-handling services at the new Bangalore International Airport in India, The Straits Times reported, citing a company official. The ground handling contract, which includes passenger and baggage check-in service, was secured yesterday through a consortium with partner Air India, the report said. The consortium is currently in negotiations with airport authorities on the concession agreement, it said. The catering contract was secured in July through a JV with Taj Hotels, Resorts and Palaces while in May, the SATS-Air India team signed a 20-year contract with the airport authority to design, build and operate one of two cargo terminals at the new airport. The concessions will come into effect in 2008 when the new Bangalore airport opens. No financial details were disclosed. "We are hopeful that the Bangalore success will pave the way for SATS to provide cargo and ground-handling at other Indian metropolitan airports," SATS spokesman Mah Tze Hiang was quoted as telling local media. SATS now has JVs in 10 countries, including Vietnam, China, India and Indonesia. |
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Nostradamus
Supreme |
06-Sep-2006 10:47
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It is in talks with Russian airport operator Sheremetyevo International Airport for a possible joint venture to operate ground handling services at a new airport terminal in Moscow, the Straits Times newspaper reported. A spokesman for SATS confirmed that the talks are ongoing. "When we are in a position to disclose details we will make a public statement," the spokesman told the newspaper. The newspaper said SATS is likely to take a 49% stake in the joint venture while the Russian airport operator will take 51%. If the transaction materializes it will be the second deal signed by Sheremetyevo with a Singapore company. The Russian airport operator had recently signed a deal with Changi Airports International to manage the new 520,000-sq-feet airport terminal in Moscow. The terminal can handle up to 5m passengers a year and is expected to generate revenues of $110m annually, the newspaper said. Sheremetyevo's existing two passenger terminals handled more than 12m passengers last year. |
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sandbox
Senior |
05-Sep-2006 17:28
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Congrats... |
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scotty
Senior |
05-Sep-2006 15:56
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congrats! you can go eat Lei Garden tonight! |
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nickyng
Supreme |
05-Sep-2006 15:47
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hee...my perseverance has paid off handsomely...loaded 2.08x5 unloaded at 2.35 today...hee |
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nickyng
Supreme |
01-Sep-2006 09:20
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wow...with IMF/WorldBank conferences and increase in arrival of tourist ..hee...looks like SATS services revenue should hv upside potential :P |
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nickyng
Supreme |
25-Aug-2006 10:58
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err...looks like u can short this further..hee...ding dong up n down oso can make $$ siah :P 2.08 - 2.10..haha.. |
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nickyng
Supreme |
24-Aug-2006 09:28
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hee..precisely attach those counter that people avoid...of cos with common sense :D |
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