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SIA Engineering
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SIA Engineering
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JurongW
Elite |
29-May-2026 20:03
Yells: "Earnings give weight, Chart give wings" |
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Short term trade aim for 3.40?
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stockpicker
Master |
29-May-2026 19:54
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This counter was heavily shortedd in past weeks and it has moved sideways and now ready to move. | ||
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ruanlai
Elite |
28-May-2026 23:22
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Malaysia Gets New Singapore Airlines Engineering MRO Facility
SIAEC?s new 590,000-square-foot Subang facility can handle six widebody aircraft simultaneously, including Airbus A350 and Boeing 787 checks. https://aviationa2z.com/index.php/2026/05/27/malaysia-gets-new-singapore-airlines-engineering-mro-facility/ |
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JurongW
Elite |
24-May-2026 14:59
Yells: "Earnings give weight, Chart give wings" |
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stockpicker
Master |
24-May-2026 14:07
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The signs are there.   Near 52 weeks low,   double bottom,   a bullish reversal harami,   divergences in CCI and RSI,   a sterling result except for the increase in expenditures due to setting up of new centres in Malaysia and Philippines and a confirmation of higher high candlestick except for a high volume break up which might have come late due to heavier short sellings in the last few weeks.
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Joelton
Supreme |
23-May-2026 13:52
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SIA Engineering opens base maintenance facility in Subang sees &lsquo strong potential&rsquo in Malaysian aerospace sector
The two-hangar facility will supplement hangars in Singapore and the Philippines to support MRO works
[SINGAPORE]   SIA Engineering Company (SIAEC)   : S59 +0.32% on Friday (May 22) announced the opening of a base maintenance facility in Subang, Malaysia, which will form part of its regional base maintenance network.
 
Base Maintenance Malaysia (BMM), wholly owned by SIAEC, will provide additional capacity to supplement hangars in Singapore and the Philippines.
 
This will support both widebody and narrowbody aircraft maintenance, repair and overhaul (MRO) of current and next-generation aircraft across Asia-Pacific and beyond, said SIAEC.
 
Located at Sultan Abdul Aziz Shah Airport, the two-hangar facility can accommodate up to six concurrent aircraft checks. It enhances SIAEC&rsquo s operating resilience, while providing customers with greater flexibility in meeting their MRO requirements, said the group.
 
SIAEC added that BMM obtained the necessary regulatory approvals for the first of its two hangars and had performed its first A350 aircraft check in November 2025.
 
It said that the opening of BMM reflects its confidence in Malaysia as an &ldquo important aerospace location&rdquo , with Subang, in particular, continuing to play a &ldquo key role&rdquo in Malaysia&rsquo s aviation and aerospace ecosystem.
 
The group added that Malaysia offers a &ldquo strong aviation heritage, strategic location, established infrastructure and a growing pool of skilled aerospace talent&rdquo .
 
&ldquo The establishment of BMM supports the continued development of Malaysia&rsquo s aerospace ecosystem by creating skilled employment, developing local technical capability and providing career pathways for aircraft technicians, licensed aircraft engineers, maintenance planners, and quality and safety professionals,&rdquo said SIAEC.
 
It added that it will continue to support BMM by sharing technical expertise, operational experience, governance, training, systems and customer support.
 
Chin Yau Seng, CEO of SIAEC, noted that Malaysia&rsquo s aerospace sector has &ldquo strong potential&rdquo , particularly in talent development, technical capability and long-term industry growth.
 
This makes BMM a &ldquo strategic investment for SIAEC to drive sustainable long-term growth&rdquo , he said.
 
&ldquo Together with SIAEC&rsquo s three other joint venture companies in Malaysia, comprising Asia Pacific Aircraft Component Services, Eaton Aero Services and Pos Aviation Engineering Services, BMM enhances our ability to support customers and provides an important platform for us to grow our presence in Malaysia,&rdquo he added.
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ruanlai
Elite |
22-May-2026 09:35
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SIA Engineering opens base maintenance facility in Subang sees ?strong potential? in Malaysian aerospace sector
The two-hangar facility will supplement hangars in Singapore and the Philippines to support MRO works |
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ruanlai
Elite |
22-May-2026 09:34
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https://www.businesstimes.com.sg/companies-markets/transport-logistics/sia-engineering-opens-base-maintenance-facility-subang-sees-strong-potential-malaysian-aerospace | ||
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stockpicker
Master |
14-May-2026 08:32
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stockpicker
Master |
13-May-2026 20:25
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WOW
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stockpicker
Master |
13-May-2026 15:41
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Divergence in CCI and earlier bull divergence in RSI indicated the bullishness of this stock to come![]()   |
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Joelton
Supreme |
13-May-2026 10:08
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SIA Engineering expects &lsquo moderate&rsquo impact from Middle East war &ndash for now Base maintenance demand is &lsquo still strong&rsquo , with the group getting more enquiries about slot availability [SINGAPORE] SIA Engineering : S59 +3.14% is not spared from rising electricity cost and diesel prices, but the impact will be muted to a &ldquo large extent&rdquo given the size of the business, said CEO Chin Yau Seng at an earnings briefing on Tuesday (May 12). Carriers cutting back flights &ndash as a result of rocketed jet fuel prices or fuel shortages &ndash is also a minus for the group&rsquo s line maintenance business, he noted. However, the group is looking at passing on costs to airline customers to mitigate cost pressures where possible, such as at upcoming contract renewals. Base maintenance demand is &ldquo still strong&rdquo as slots for heavy checks are fixed. In fact, the listed maintenance, repair and overhaul (MRO) arm of Singapore Airlines is getting more enquiries about slot availability. As for supply chain disruptions arising from the Middle East war, SIA Engineering has not been affected much, but it has trebled its stock of petroleum-based consumables. The overall impact, Chin added, is therefore &ldquo moderate&rdquo for the near term. Jet fuel, electricity and diesel prices have spiked amid a shortage of crude oil supply from the Middle East. After the US and Israel launched attacks on Feb 28, Iran effectively closed the Strait of Hormuz, a waterway through which 20 per cent of global oil supply normally flows. SIA Engineering is looking out for opportunities from the crisis, such as airlines that are serviced by Middle East providers. DBS Group Research said in a Tuesday report that it is bullish about SIA Engineering&rsquo s earnings outlook. Analyst Jason Sum said that the view is supported by the group&rsquo s resilient Asia-Pacific traffic, limited direct exposure to Middle Eastern airline MRO disruption, as well as visible capacity and capability expansion across its subsidiaries, associates and joint ventures. The group posted a 20.9 per cent year-on-year rise in net profit to S$85.6 million for the six months ended Mar 31, on the back of a 3.7 per cent increase in revenue to S$693.9 million. Basic earnings per share for the period came in at S$0.0764, up from S$0.0633 for the year-ago period. Net asset value per share rose marginally to S$1.569 as at Mar 31, from S$1.539 a year earlier. For the full year, SIA Engineering&rsquo s earnings improved 21 per cent year on year to S$168.9 million, with revenue up 14.3 per cent at S$1.4 billion. Group expenditure increased 13.2 per cent, mainly from set-up costs for two new subsidiaries in Malaysia and Cambodia, and higher costs for manpower, material, outhouse repair and IT system implementation. Chin said that the set-up cost for its Subang subsidiary in Malaysia peaked as the second hangar was delayed. Meanwhile, Singapore Aero Engine Services (SAESL) &ndash the group&rsquo s joint venture with aircraft engine manufacture Rolls-Royce &ndash is expected to see its gestational losses peak this financial year. &ldquo But we believe it&rsquo s for good reason,&rdquo said Chin. &ldquo It&rsquo s to grow the capacity with a lot of demand out there.&rdquo He added that SAESL&rsquo s expansion is &ldquo not just for increasing throughput, but also being able to get to advanced repair&rdquo . Shares of SIA Engineering rose 3.1 per cent or S$0.10 to close at S$3.28 on Tuesday. |
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stockpicker
Master |
13-May-2026 10:00
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stockpicker
Master |
13-May-2026 09:52
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True if it is a speculative counter and the stock price was pushed to very high level before the result was released.  But SIA Engineering was close to 52 weeks  low
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Barcalo
Master |
12-May-2026 19:21
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Sell on news? | ||
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stockpicker
Master |
12-May-2026 18:57
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A solid company that has good fundamental  and price is near 30 months low.  Good to buy and keep for potential  gain. | ||
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Joelton
Supreme |
12-May-2026 09:45
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SIA Engineering' s FY2026 earnings up 21% to $168.9 mil SIA Engineering has reported earnings of $85.6 million for its 2HFY2026 ended March, up 20.9% y-o-y. This brings its full year earnings to $168.9 million, up 21%. Revenue in the same FY ended March was up 14.2% to $1.42 billion, thanks to " robust" demand for maintenance, repair and overhaul services, in turn, underpinned by stronger air travel. In Singapore, the number of flights handled for the full year increased by 3.3% compared to a year ago. Flight volumes in the final quarter rose 5.2% year-on-year. The company plans to pay a final dividend of 8.5 cents per share, which will bring its full year payout to 11 cents. In contrast, a total of 9 cents was paid for the preceding year. SIA Engineering plans to generate long-term growth by expanding its presence across Asia Pacific, increasing capacity and improving capabilities for next-generation aircraft. Going forward, SIA Engineering flags that the evolving situation in the Middle East has introduced greater uncertainty, as flight route adjustments, rescheduling and cancellations present business risks. " Ongoing industry challenges, including supply chain disruptions and inflationary pressures, could be further exacerbated if geopolitical issues are heightened. " At this stage, the near-term impact on MRO demand is expected to be moderate. The group is closely monitoring developments and actively engaging with customers to seek new revenue opportunities," the company adds. SIA Engineering shares closed $3.18 on May 11, down 2.45% for the day, extending a drop of 11.17% year to date. |
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MrBear12
Supreme |
11-May-2026 21:30
Yells: "Cast all our anxieties on Jesus for He cares for us" |
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Good show
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stockpicker
Master |
11-May-2026 21:27
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stockpicker
Master |
11-May-2026 15:38
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