SIA Engineering *Official* (SGX:S59)

[dominion23]

keppel corp case... the earnings actually increased, yet the analyst all downgrade to sell... at PE 8 and yield of 6% , it was really cheap

however the same cannot be said for SIA ENGG

cause fundamentally, earnings is falling... so PE now is quite high at 24 times forwards earnings (based on FY15 avg analyst estimate)
I think this one... maybe if fall to 20 times or less earnings with a dividend yield of 5% or higher then can consider

btw FY15 dividends will be much much lower than FY14

the report of lower earnings is for FY14 no? FY15 expect earnings to go back up due to increased air travel

the parallels with keppel is that the fundhouses all shout sell, but actually they themselves are waiting to go in big time...

 

[simon_84]

cause fundamentally, earnings is falling... so PE now is quite high at 24 times forwards earnings (based on FY15 avg analyst estimate)
I think this one... maybe if fall to 20 times or less earnings with a dividend yield of 5% or higher then can consider

btw FY15 dividends will be much much lower than FY14

not every blue chip is for investing.

since last year in Q3, prospects for engineering firms are no good.
even ST eng also badly affected, if not how it dip to a new 52 weeks low.
i expect earnings to be weak for both firms.

 

[havetheveryfun]

not every blue chip is for investing.

since last year in Q3, prospects for engineering firms are no good.
even ST eng also badly affected, if not how it dip to a new 52 weeks low.
i expect earnings to be weak for both firms.

ST eng dropped partly because they announced they will reduce the dividends given by a large amount, so don't think you should credit it totally to the poor prospects or results

and they reduced their dividends given means they may be planning to expand and grow... that is something worth to take into consideration too.

 

[dominion23]

bounce back to 4.30 already!

huat ah!!! anyone whom followed and now sitting on 0.15-0.20 gains already?

 

[eerinz]

Sia eng is still at one of its lowest point. is it worth to get now?

 

[weekee1980]

Anyone know SIA ENG this year will July will issue dividend?

 

[Shion]

http://www.theedgemarkets.com/sg/article/no-light-yet-end-tunnel-sia-engineering-uob

 

[felixleong]

Results tonight

See can recover or not

 

[letsmakemoney]

lousy results.. earnings fell over 30%

cut loss?

Dividends cut badly too. Giving only 8.5ct final.
Total dividend for full year 2015 = 14.5ct nia.


2014 dividend = 25ct
2013 dividend = 22ct
2012 dividend = 21ct

GG

 

[stupid_manu]

Dividends cut badly too. Giving only 8.5ct final.
Total dividend for full year 2015 = 14.5ct nia.


2014 dividend = 25ct
2013 dividend = 22ct
2012 dividend = 21ct

GG

Will drop under 4?

Sent from OnePlus A0001 using GAGT

 

[Perisher]

Hopefully, this painful report will result in a better base for which the company can move forward. If kicking the can down the road, it will be much worse. Something like the US government debt...

 

[spiritGate]

jia lat liao jia lat liao

 

[stupid_manu]

Hopefully, this painful report will result in a better base for which the company can move forward. If kicking the can down the road, it will be much worse. Something like the US government debt...

Good to enter if fall below 4?

Sent from OnePlus A0001 using GAGT

 

[Paul Lee]

FY results >> Here

Final Dividends 8.5c payable on 13 Aug. No special dividend this yr. Total dividend 14.5c (down from 25c last FY)

 

[Lost_Found]

really is jialat...possibly pull down SIA share price too

 

[Perisher]

Here, let this helps the edge writer...

SIA engineering fourth-quarter income falls 37%
http://www.marketwatch.com/story/sia-engineering-fourth-quarter-income-falls-37-2015-05-12

SINGAPORE--SIA Engineering Co. (S59.SG) Tuesday reported a 37% on-year decline in its fiscal fourth-quarter net profit as fewer airplanes came to it for repairs and maintenance.

Net profit in the January to March quarter was 41.4 million Singapore dollars (US$30.96 million), compared with S$65.2 million in the same period of last year. Revenue declined 11% to S$276 million, the maintenance arm of Singapore Airlines Ltd. (C6L.SG) said in a statement to Singapore Exchange.

Profit for the full fiscal year declined 31% to S$183 million, it said.

"Advancements in the newer generation engines have improved their reliability while the older generation engines are being phased out. These developments will continue to result in a reduction in engine shop visits in the next few years," SIA Engineering said.

Most major carriers in Asia, including Singapore Airlines, operate young aircraft fleets that help reduce fuel expenses and maintenance costs. However, SIA Engineering said with the rapidly rising number of airplanes in the region, it remains confident that demand for maintenance will pick up in the future.

 

[flyfox]

i just realise the edge write blur

SIAE earnings dropped, not rise... maybe they trying to smoke screen LOL

Agree, i got confused after reading

He write rise, but all the numbers so chui...hahha

 

[knightdreamer]

Funny why today the price when up?

 

[flyfox]

Funny why today the price when up?

They are just anticipating some good results.

Sadly it did not come true..

 

[cyl1987]

time to wait for the price dive....