Misty Marcial

The Haney Group a boutique equity research and management firm based in Hong Kong founded by a diverse private wealth consortium of financial professionals, with a combined knowledge of the stock markets, tax legislation, legal compliance and market analysis. Priding themselves in giving the very best service to their institutional investors, high net worth individuals and private investors today commented on the undervalued share price of Singapore Airlines.

Singapore Airlines have been a household name in the airline business ever since they split and divided off from Malaysian Airlines in 1972 to become a successful independent entity. The company’s majority shareholder is the Singaporean Government, providing the company with great stability, with close links to Changi International Airport (the seventh busiest airport in the world) the airline is securely positioned within the market.

“Singapore Airlines current share price of just over $10.00 Singaporean dollars gives investors a great opportunity, the share value has been at this low position once in the last ten years, fluctuations within the last twelve months have seen upward movements of 70 percent giving it a high of $16.30 dropping due to recent Fed stimulus program news. Share value is set to increases with new orders and new destinations underway, analysts predict the share value to reach over twenty by the year 2015, with air travel between the US and Asia increasing adding further growth,” announced David Roberts, the Senior Vice President of Mergers and Acquisitions at The Haney Group.

The airlines total revenues have seen a steady increase over the last three to four years, 2009/2010 they stood at SGD$12.7 billion, 2010/2011 to SGD$14.5 billion and 2013 rising further to SDG$14.8 billion, in a time when most western airlines are happy to stay on par with their previous year’s revenue. The airlines is projected to see substantial growth as Asian economies where they do most of their business, also, with the upsurge in foreign passengers coming to this region the future is set to soar. Singapore Airlines earlier this year announced new aircraft orders to the value of SGD$21 billion shared between the two big manufacturers, Boeing and Airbus, the new airplanes will come online in the next two years, an indication of how Singapore Airlines intend to dominate the Trans Pacific market.

The Haney Group have been following ma