Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations

The Business Times2022-05-31

SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as ...

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Comments

kino318
2022-05-31
kino318
Damm lucky I sold before the result out. Aliluya...
Billionaire Pinky Pig Monkey
2022-05-31
Billionaire Pinky Pig Monkey
Ok
CHOOTC
2022-05-31
CHOOTC
Ok
DiAngel
2022-05-31
DiAngel
I m singing "When you believe" now. 🙏🙏🙏 waiting for dividends payout soon 🤭.. a broad spectrum definition of soon. 😂😂
Numihang da
2022-05-31
Numihang da
Thank
William C
2022-05-31
William C
like

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 13:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"S58.SI","symbol_name":"新翔集团有限公司","start_time":0,"source_url":"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations","article_id":"1113142052","we_media_id":null,"thumbnails":[],"rights":{"source":null,"url":"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1113142052","pubTimestamp":1653974535,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gatew","collect":0,"end_time":0,"defaultTopTitle":"businesstimes.com.sg","property":[],"viewcount":null,"language":"en","relate_stocks":{"S58.SI":"新翔集团有限公司"},"translate_title":"热门股：SATS创两周新低，收益低于分析师预期","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S58.SI":0.9},"content_text":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. 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Aliluya...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027342376","repostId":1113142052,"repostType":2,"repost":{"id":"1113142052","kind":"news","pubTimestamp":1653974535,"share":"https://ttm.financial/m/news/1113142052?lang=&edition=fundamental","pubTime":"2022-05-31 13:22","market":"sg","language":"en","title":"Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1113142052","media":"The Business Times","summary":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gatew","content":"<html><head></head><body><p>SHARES of <b>SATS</b> tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.</p><p>The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.</p><p>SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.</p><p>However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.</p><p>The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.</p><p>“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.</p><p>It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.</p><p>That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 13:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S58.SI":"新翔集团有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113142052","content_text":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9027353636,"gmtCreate":1653975928325,"gmtModify":1676535372758,"author":{"id":"3568071651427696","authorId":"3568071651427696","name":"Billionaire Pinky Pig Monkey","avatar":"https://static.tigerbbs.com/3402225c0172781df7553e20722ebad7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"3568071651427696","idStr":"3568071651427696"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027353636","repostId":1113142052,"repostType":4,"repost":{"id":"1113142052","kind":"news","pubTimestamp":1653974535,"share":"https://ttm.financial/m/news/1113142052?lang=&edition=fundamental","pubTime":"2022-05-31 13:22","market":"sg","language":"en","title":"Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1113142052","media":"The Business Times","summary":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gatew","content":"<html><head></head><body><p>SHARES of <b>SATS</b> tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.</p><p>The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.</p><p>SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.</p><p>However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.</p><p>The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.</p><p>“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.</p><p>It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.</p><p>That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 13:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S58.SI":"新翔集团有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113142052","content_text":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9027359375,"gmtCreate":1653975694997,"gmtModify":1676535372719,"author":{"id":"3567209681027469","authorId":"3567209681027469","name":"CHOOTC","avatar":"https://static.tigerbbs.com/a825ae81d7f171dbbad58815b5ddda79","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3567209681027469","idStr":"3567209681027469"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027359375","repostId":1113142052,"repostType":4,"repost":{"id":"1113142052","kind":"news","pubTimestamp":1653974535,"share":"https://ttm.financial/m/news/1113142052?lang=&edition=fundamental","pubTime":"2022-05-31 13:22","market":"sg","language":"en","title":"Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1113142052","media":"The Business Times","summary":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gatew","content":"<html><head></head><body><p>SHARES of <b>SATS</b> tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.</p><p>The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.</p><p>SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.</p><p>However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.</p><p>The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.</p><p>“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.</p><p>It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.</p><p>That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 13:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S58.SI":"新翔集团有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113142052","content_text":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9027324188,"gmtCreate":1653975218344,"gmtModify":1676535372703,"author":{"id":"4100833454173050","authorId":"4100833454173050","name":"DiAngel","avatar":"https://community-static.tradeup.com/news/f7c2ee91188421bf874cdbc97fb77886","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4100833454173050","idStr":"4100833454173050"},"htmlText":"I m singing \"When you believe\" now. 🙏🙏🙏 waiting for dividends payout soon 🤭.. a broad spectrum definition of soon. 😂😂","listText":"I m singing \"When you believe\" now. 🙏🙏🙏 waiting for dividends payout soon 🤭.. a broad spectrum definition of soon. 😂😂","text":"I m singing \"When you believe\" now. 🙏🙏🙏 waiting for dividends payout soon 🤭.. a broad spectrum definition of soon. 😂😂","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027324188","repostId":1113142052,"repostType":4,"repost":{"id":"1113142052","kind":"news","pubTimestamp":1653974535,"share":"https://ttm.financial/m/news/1113142052?lang=&edition=fundamental","pubTime":"2022-05-31 13:22","market":"sg","language":"en","title":"Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1113142052","media":"The Business Times","summary":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gatew","content":"<html><head></head><body><p>SHARES of <b>SATS</b> tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.</p><p>The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.</p><p>SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.</p><p>However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.</p><p>The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.</p><p>“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.</p><p>It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.</p><p>That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 13:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S58.SI":"新翔集团有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113142052","content_text":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9027326326,"gmtCreate":1653974628665,"gmtModify":1676535372587,"author":{"id":"4114151603063862","authorId":"4114151603063862","name":"Numihang da","avatar":"https://community-static.tradeup.com/news/d1aa4c5f4a544a176c2c8fddf828af21","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"4114151603063862","idStr":"4114151603063862"},"htmlText":"Thank&nbsp;","listText":"Thank&nbsp;","text":"Thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027326326","repostId":1113142052,"repostType":4,"repost":{"id":"1113142052","kind":"news","pubTimestamp":1653974535,"share":"https://ttm.financial/m/news/1113142052?lang=&edition=fundamental","pubTime":"2022-05-31 13:22","market":"sg","language":"en","title":"Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1113142052","media":"The Business Times","summary":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gatew","content":"<html><head></head><body><p>SHARES of <b>SATS</b> tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.</p><p>The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.</p><p>SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.</p><p>However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.</p><p>The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.</p><p>“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.</p><p>It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.</p><p>That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 13:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S58.SI":"新翔集团有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113142052","content_text":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9027328132,"gmtCreate":1653974419326,"gmtModify":1676535372571,"author":{"id":"3576279418760291","authorId":"3576279418760291","name":"William C","avatar":"https://static.tigerbbs.com/fb9f11370915ffd45c2c37d8b0d22d50","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3576279418760291","idStr":"3576279418760291"},"htmlText":"like&nbsp;","listText":"like&nbsp;","text":"like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9027328132","repostId":1113142052,"repostType":4,"repost":{"id":"1113142052","kind":"news","pubTimestamp":1653974535,"share":"https://ttm.financial/m/news/1113142052?lang=&edition=fundamental","pubTime":"2022-05-31 13:22","market":"sg","language":"en","title":"Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=1113142052","media":"The Business Times","summary":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gatew","content":"<html><head></head><body><p>SHARES of <b>SATS</b> tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.</p><p>The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.</p><p>SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.</p><p>However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.</p><p>The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.</p><p>“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.</p><p>It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.</p><p>That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot Stock: SATS Hits 2-Week Low After Earnings Miss Analyst Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-31 13:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"S58.SI":"新翔集团有限公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/hot-stock-sats-hits-2-week-low-after-earnings-miss-analyst-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113142052","content_text":"SHARES of SATS tumbled as much as 4.2 percent on Tuesday (May 31) after the food solutions and gateway services provider’s financial results missed analyst expectations.The counter dropped as much as 4.2 percent or S$0.19 to reach S$4.35 as at 9.05 am. The last time SATS closed near this level was on May 13. By the midday trading break, SATS was down 3.7 percent or S$0.17 to S$4.37, with around 4.3 million shares changing hands.SATS posted a net profit of S$7.2 million for H2, swinging into the black from a net loss of S$2 million in the year-ago period. Earnings per share rose to S$0.006, from a loss per share of S$0.002 the year before.However, the group recorded an operating loss of S$46.6 million in H2 due to higher costs and lower government grants. Excluding government grants, group profit after tax and minority interests (Patmi) would be a loss of S$46.6 million.The group’s results for the fourth quarter ended Mar 31 were below expectations for DBS Group Research. SATS booked a Q4 core net loss of S$26.8 million, versus a profit of S$13.2 million in the year-ago period. Operating losses were also steeper at S$37.1 million due to a decline in revenue and a marked increase in staff costs.“SATS’ year to date share price performance has outperformed related aviation names; it may be prudent to take profit and consider rotating into other names like Singapore Airlines and ST Engineering that are better positioned to deal with rising inflation,” DBS noted.It currently has a “buy” rating on the stock and a target price of S$4.90, representing a potential upside of 12.6 percent.That being said, DBS believes recovery in the travel segment will likely see stronger traction over the coming quarters given solid progress on the reopening front in the region and globally. However, the research team foresees several cost headwinds on the horizon impeding earnings recovery in the near term.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":47,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1113142052"}