| Latest Forum Topics / SIA Engineering Last:3.12 -- |
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Mid to long term - should be good.
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stockpicker
Master |
21-Mar-2026 10:33
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Authrorised to buyback 22 mil shares so far, 5 ,il purchased
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stockpicker
Master |
16-Mar-2026 13:21
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Fujian Province is undergoing massive airport expansions to strengthen its transport network and economic standing. Key projects include the new Xiamen Xiang' an Airport, scheduled for completion in late 2026, and a $3 billion expansion of Fuzhou Changle International Airport, which will add a second runway and terminal by 2030, increasing capacity to 36 million passengers. https://asiacargonews.com/en/news/PrintVersion?id=3655#:~:text=FUZHOU%20AIRPORT%20GETS%20US$3,400%20and%20MD11%20jumbo%20jets. |
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stockpicker
Master |
16-Mar-2026 13:12
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SIA Engineering Company (SIAEC) is expanding its presence in China' s MRO market by acquiring a 30% stake in Arport Aircraft Maintenance & Engineering (Fujian) Co., Ltd. (Arport AME) for approximately RMB 129 million (USD 19 million). This joint venture will provide line and base maintenance services at major Fujian airports, including Xiamen and Fuzhou
https://aeromorning.com/en/sia-engineering-company-secures-30-stake-in-arport-ame-joint-venture-in-china/ |
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JurongW
Elite |
13-Mar-2026 16:58
Yells: "Earnings give weight, Chart give wings" |
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When SIAE start doing share buybacks, it' s time to buy some to keep.
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seanpent
Supreme |
13-Mar-2026 09:17
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Back to cheap cheap again. Tradeable for several rounds. | ||||
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Delvyss
Elite |
12-Mar-2026 09:32
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Think thereabout will be the next destination.
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Delvyss
Elite |
12-Mar-2026 09:25
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Price still way below consensus. Thus may see further improvement.
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seanpent
Supreme |
12-Mar-2026 09:18
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Superb ! Another fast fast recovery. | ||||
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JurongW
Elite |
11-Mar-2026 16:38
Yells: "Earnings give weight, Chart give wings" |
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seanpent
Supreme |
11-Mar-2026 15:29
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Nice ... TP $4.14
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seanpent
Supreme |
11-Mar-2026 13:18
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$3.40 next ? https://www.marketscreener.com/quote/stock/SIA-ENGINEERING-COMPANY-L-6491566/
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Delvyss
Elite |
11-Mar-2026 11:03
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SIA Engineering Co. Ltd - Engines drive earningshttps://www.poems.com.sg/stock-research/SIE.SG/ |
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Delvyss
Elite |
11-Mar-2026 10:46
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OCBC upgrades SIAEC to ' buy' as other analysts weigh expansion costs impacthttps://www.businesstimes.com.sg/companies-markets/ocbc-upgrades-siaec-buy-other-analysts-weigh-expansion-costs-impact |
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seanpent
Supreme |
11-Mar-2026 09:35
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And quite a bargain from its $3.81 last Nov25.
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seanpent
Supreme |
11-Mar-2026 09:33
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Wow ... good news at the appropriate timing ... rally time ...
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JurongW
Elite |
10-Mar-2026 22:34
Yells: "Earnings give weight, Chart give wings" |
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SIA ENGINEERING COMPANY WINS BID TO INVEST IN ARPORT AIRCRAFT MAINTENANCE & ENGINEERING (FUJIAN) CO., LTD SINGAPORE, 10 March 2026 - Following the previous announcement on 12 November 2024 on the signing of a non-binding Framework Agreement with Xiamen Iport Group Co., Ltd. (&ldquo IPORT Group&rdquo ), SIA Engineering Company Limited (&ldquo SIAEC&rdquo ) wishes to update that it has, through its wholly-owned subsidiary, SIAEC Global Private Limited (&ldquo SIAEC Global&rdquo ), successfully bidded for a 30% stake in the enlarged share capital of Arport Aircraft Maintenance & Engineering (Fujian) Co., Ltd. (&ldquo Arport AME&rdquo ), a subsidiary of IPORT Group, at a subscription consideration of RMB129 million (the &ldquo Transaction&rdquo ). The bid was made via a public tender administered by Xiamen Equity Exchange Centre. SIAEC Global intends to enter into agreements with the direct shareholders of Arport AME to effect the Transaction and form a joint venture (&ldquo JV&rdquo ). This maintenance, repair and overhaul JV will perform line maintenance and ground services at airports in Xiamen, Fuzhou, Wuyishan and Longyan, and base maintenance services at Xiamen airport. The Transaction is not expected to have a material impact on the net tangible assets per share or the earnings per share of the SIAEC Group for the financial year ending 31 March 2026. None of the Directors and controlling shareholders of SIAEC has any interest, direct or indirect, in the Transaction, other than through their shareholdings (if any) in SIAEC. |
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JurongW
Elite |
09-Mar-2026 19:04
Yells: "Earnings give weight, Chart give wings" |
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SBB today - 83,600 shares bought at $3.09 to $3.10 ($259,428) | ||||
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Joelton
Supreme |
06-Mar-2026 10:31
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CapitaLand Ascott Trust to be replaced by SIA Engineering on STI reserve list
There are no changes to the blue-chip barometer&rsquo s 30 constituents
[SINGAPORE] There will be no changes to the 30 constituents of the Straits Times Index (STI) after the latest quarterly review, said index administrator FTSE Russell on Thursday (Mar 5).
However, SIA Engineering : S59 -0.92% &ndash the engineering arm of national carrier Singapore Airlines : C6L +0.6% (SIA) &ndash will replace CapitaLand Ascott Trust : HMN 0% on the reserve list come Mar 23.
The STI reserve list is made up of the five highest-ranking non-constituents of the blue-chip barometer by market capitalisation. Stocks on the reserve list will replace any STI constituents that become ineligible as a result of corporate action before the next review in June.
Units of CapitaLand Ascott Trust closed unchanged at S$0.93 on Thursday, before the news. Shares of SIA Engineering ended 0.9 per cent or S$0.03 lower at S$3.22 SIA rose 0.6 per cent or S$0.04 to S$6.68.
The other counters on the reserve list are infrastructure business trust NetLink NBN Trust : CJLU +1.03%, commercial real estate investment trusts (Reits) Suntec Reit : T82U +0.74%and Keppel Reit : K71U 0%, and supermarket operator Sheng Siong : OV8 -1.91%.
NetLink NBN Trust gained 1 per cent or S$0.01 to S$0.98 on Thursday. Suntec Reit advanced 0.7 per cent or S$0.01 to S$1.36, and Keppel Reit was flat at S$0.935. Sheng Siong closed 1.9 per cent or S$0.05 lower at S$2.57.
FTSE Russell said the STI is &ldquo reviewed quarterly in accordance with the index ground rules and to facilitate the inclusion of eligible IPO (initial public offering) stocks&rdquo .
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Joelton
Supreme |
08-Nov-2025 09:39
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Analysts upgrade SIA Engineering shares as growth, supply chain outlook improves
The analysts&rsquo upbeat outlook comes on the back of the company&rsquo s Q2 results, in which net profit is up 13.5% at S$40.4 million
[SINGAPORE] Analysts are turning bullish on SIA Engineering : S59 -1.35% on the back of easing supply-chain constraints and new growth initiatives, with at least two brokerages upgrading their calls on the counter following the release of its first-half results.
CGS International (CGSI) on Thursday (Nov 6) upgraded its call on the counter to &ldquo add&rdquo from &ldquo reduce&rdquo . UOB KayHian also upgraded its call on the Singapore Airlines : C6L -0.45% subsidiary to &ldquo buy&rdquo .
In CGSI&rsquo s analyst Raymond Yap&rsquo s report, he noted the rating upgrade comes as the outlook for the company has improved with the easing of constraints on parts and materials supply chains, which have enabled the company to raise its output of engines and component repairs.
Yap raised his target price on the counter to S$4 from S$3.10.
In its earnings for the quarter ended September, the maintenance, repair and overhaul (MRO) provider reported a 13.5 per cent rise in net profit to S$40.4 million for the period this made for a core net profit of S$83.4 million for the first half of the year.
CGSI and UOB KayHian (UOBKH) deemed this &ldquo in line with expectations&rdquo analysts from DBS assessed this to be &ldquo slightly ahead of expectations, supported by improved pricing and stronger associates&rdquo .
Analysts noted that the profit growth was partly offset by a S$4 million impairment on an onerous contract and gestation costs from new expansion projects. Those gestation costs are, however, projected to taper off with stronger growth momentum.
CGSI&rsquo s Yap noted these expansion costs relate to SIA Engineering&rsquo s new line maintenance business in Cambodia and its new Base Maintenance Malaysia (BMM) venture, but viewed them as &ldquo investments for long-term growth in a global MRO market that continues to experience robust demand&rdquo .
UOB KayHian analyst Roy Chen said: &ldquo Management has observed a notable improvement in spare parts supply in H1 FY2026 ... and expect this improving trend to continue into FY2027 this should support SIA Engineering&rsquo s earnings outlook.&rdquo
Chen raised his target price to S$3.92 from S$3.41, noting that the earnings uplift from the improvement in the supply chain could &ldquo largely mitigate&rdquo the drag from near-term gestation costs.
Analysts are focused on these new growth initiatives. CGSI noted that the BMM venture would start operations by December 2025 and could increase the company&rsquo s heavy-maintenance capacity by approximately 40 per cent once its second hangar is running.
DBS analyst Jason Sum, who maintained his &ldquo buy&rdquo call, cited the development of new engine and component capabilities, the ramp-up of the base maintenance of its facility in Subang, and the new MRO joint ventures in Malaysia and Cambodia as key drivers for medium-term earnings.
He noted the group&rsquo s significant financial flexibility, given its &ldquo robust net cash position&rdquo of S$485 million this liquidity, he said, provides room to enhance shareholder returns through higher dividends or buybacks, supporting long-term value creation.
&ldquo The street continues to underestimate SIA Engineering&rsquo s medium-term earnings potential,&rdquo Sum said. He raised his target price to S$4.00 from S$3.50.
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Joelton
Supreme |
05-Nov-2025 10:05
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SIA Engineering Q2 net profit up 13.5% at S$40.4 million
Its rise in revenue outpaced that of its rise in expenditure contributions from associated and joint-venture companies also increased
[SINGAPORE] SIA Engineering : S59 -2.25%had a 13.5 per cent improvement in net profit to S$40.4 million for the quarter ended September, as the increase in revenue outpaced that in expenditure, and contributions from associated and joint-venture companies rose.
The Singapore Airlines (SIA) : C6L -0.45% subsidiary offering maintenance, repair and overhaul (MRO) services reported in a regulatory filing on Tuesday (Nov 4) a 20.5 per cent increase in revenue to S$370.6 million, with the improvement being higher than the 18.9 per cent rise in expenditure.
The share of profits of associated and joint venture companies also rose, by 9.5 per year on year, to S$33.5 million.
SIA Engineering attributed the increase in expenditure mainly to higher costs of materials, manpower and IT system implementation, and a S$4 million impairment provision for an underperforming long-term contract. It did not name the customer for this contract in the filing.
An interim dividend of S$0.025 per share has been declared, and will be paid out on Nov 28. The interim dividend was S$0.02 per share for the year-ago period.
Basic earnings per share for the quarter was S$0.0361, up from S$0.0317 for the corresponding period of FY2025.
Net asset value per share as at end-September was S$1.514 cent, marginally lower than S$1.539 as at end-March.
For the half year, the company posted a 21.1 per cent rise in net profit to S$83.3 million and a 26.5 per cent improvement in its top line to S$729 million, amid robust demand for MRO services.
Line maintenance in Singapore handled 2.6 per cent more flights than in the same period last year, with an uptick in demand also recorded across its line maintenance network. Base maintenance also benefited from an increase in heavy maintenance checks.
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