Thursday, 22 October 2015

Tigerair - UOB Kay Hian 2015-10-22: 2QFY16 Earnings Preview: Expect An Uninspiring Quarter

Tigerair - UOB Kay Hian 2015-10-22: 2QFY16 Earnings Preview: Expect An Uninspiring QuarterTIGER AIRWAYS HOLDINGS LIMITED Tigerair J7X.SI 

Tigerair (TGR SP) - 2QFY16 Earnings Preview: Expect An Uninspiring Quarter 

  • Tigerair will report its results on 23 October and we are not expecting any positive surprises. While load factors improved, we believe that Tigerair will still be in the red due to a weak pricing environment. 
  • Maintain HOLD. Target price: S$0.315. Suggested entry level at S$0.28. 


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