SBS Transit Stock Forum

$SBS Transit (S61.SG)$
SBS Transit has reported profit after tax of $17 million for 1QFY2024, up 7.5% y-o-y. Revenue in the same period was up 6.6% y-o-y to $392.1 million.

Good morning mooers! Here are things you need to know about today's Singapore:
●Singapore shares opened lower on Monday; STI down 0.43%
●National Day Rally focuses on ageing well, keeping housing affordable with new approach
●Stocks to watch: Singtel, SBS Transit, Raffles Education
●Latest share buy back transactions
-moomoo News SG
Market Trend
Singapore shares opened lower on Monday. The $FTSE Singapore Straits Time Index (.STI.SG)$ lost 0.43...

$SBS Transit (S61.SG)$ will be increasing their periodic dividend to S$0.0558 on Aug 30, this is an increase of 2.4% compared to last year (S$0.0545).
This has make SBS Transit dividend yield of 4.3% which is above the industry average. We should not be too concerned about impressive dividend yields.
We should look if SBS Transit is able to continue paying such high dividend and the most important thing to look out for is how much...

$SBS Transit (S61.SG)$
SBS Transit posted a +0.4% in its net profit for the half year ended June to $34.8 million, up from $34.6 million in the corresponding period in 2022.
First-half revenue +1.6 % to $744.4 million, from $732.4 million.
Interim dividend : 5.58 cents/share
XD :22 Aug
Paid out: Aug 30

$SBS Transit (S61.SG)$ Finally announced result.. slightly better dividend... $0.0558.

$SBS Transit (S61.SG)$ When is SBS announcing their results?

$SBS Transit (S61.SG)$ what happened! u should go up like SIA

$SBS Transit (S61.SG)$ The company used to be the market leader but over the past decade other operators have significantly improve amd advance massively in their operations.
Yet this company consistently maintain bare minimum improvements. Personally, I forseen more packages like Ulu Pandan and Serangoon tender to be won by its competitors in the near future.
With their current few months of agressive recruitment of drivers clearly indicate their lack of manpower and ability to retain talent res...

$SBS Transit (S61.SG)$ Net profit for the three months ended Sep 30 rose to S$17.1 million, from S$13.9 million in the year-ago period, For the first 9 months of 2022, SBS Transit’s revenue rose 15.1% on year to S$1.1 billion, while net profit rose 2.8% to S$51.8 million..
(A good news for $ComfortDelGro (C52.SG)$ )