SINGAPORE (Sept 29): OCBC Investment Research is keeping SATS on "hold" with an unaltered reasonable quality evaluation of $4.70 as it trusts that SATS' close term positives have as of now been estimated in.
This comes after Singapore Changi Airport on Tuesday posted a 0.6% y-o-y decrease in traveler throughput for August, even as air ship developments grew 2.2% y-o-y and airship cargo developments grew 7.6% y-o-y.
"We think Aug 16 measurements demonstrated signs that activity development at Changi Airport might back off," says OCBC lead investigator Eugene Chua in a Wednesday report.
Today Recommendations :
- SGX INTRADAY SIGNAL : BUY ADDVALUE TECH AT 0.050 TARGET 0.052, 0.055 SL 0.047……
- SGX INTRADAY SIGNAL : BUY RESOURES PRIMA AT 0.044 TARGET 0.045, 0.047 SL 0.042…
- KLSE INTRADAY SIGNAL : BUY MATRIX AT 2.61 TARGET 2.69, 2.78 SL 2.50 …….
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