Shares & Derivatives
Smart Look At The Week Ahead: SATS To Close Out The Earnings Season
By The Smart Investor  •  August 24, 2020
There is just one more counter to announce results before the curtain can come down on the blue-chip earnings season for the third quarter. Airport services company, SATS (SGX: S58) is pencilled in for first-quarter results before the market opens on Monday morning. In July, SATS said there is still much uncertainty about how the pandemic will develop and the longer-term impact on the economy and travel-related businesses. It added that despite the impact of the pandemic, group revenue growth was driven by initiatives beyond aviation. On the economic front, there has never been a more important time than now for central bankers to provide a clear strategy for handling the economic fallout from the pandemic. They will get a chance to set out their stalls at the Jackson Hole symposium. Thailand will report trade data for July that could show another month of surplus. Whilst the balance of trade could show a second month of decrease, it could, nevertheless, mark the sixth month of surplus....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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