tiger airways holdings ltd
(TGR:Singapore)
tiger airways holdings ltd (TGR) Snapshot
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Open
$0.66
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Previous Close
$0.66
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Day High
$0.66
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Day Low
$0.65
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52 Week High
10/2/12 - $0.74
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52 Week Low
06/8/12 - $0.61
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Market Cap
635.7M
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Average Volume 10 Days
1.7M
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EPS TTM
$-0.05
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Shares Outstanding
985.5M
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EX-Date
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P/E TM
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Dividend
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Dividend Yield
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tiger airways holdings ltd (TGR) Related Businessweek News
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Tiger Airways Holdings Limited provides airline and aircraft management services in Asia and Australia. It offers air transportation services. The company also provides ancillary services, such as flight-related services, including in-flight sale of beverages, food, and merchandise; and luggage upsize, seat selector, and sports equipment check-in services. As of March 31, 2012, it had a fleet of 34 aircrafts. The company was founded in 2003 and is based in Singapore.
tiger airways holdings ltd (TGR) Key Developments
Tiger Airways Holdings Limited reported consolidated earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported total revenue of SGD 240,628,000 against SGD 161,087,000 for the same period in the last year. The revenue improvement was largely driven by a rise in passenger traffic of 38.1%, stronger yield of an increase of 7.5% and higher load factor of an increase of 4.5 percentage points to 84.6%. Operating profit was SGD 12,698,000 against operating loss of SGD 17,154,000 for the same period in the last year. Loss before taxation was SGD 12,252,000 against SGD 19,028,000 for the same period in the last year. Loss was SGD 15,387,000 or 1.87 cents per basic and diluted share against SGD 16,419,000 or 2.00 cents per basic and diluted share for the same period in the last year. For the year, the company reported total revenue of SGD 866,215,000 against SGD 618,184,000 for the same period in the last year. Operating profit was SGD 7,293,000 against operating loss of SGD 83,373,000 for the same period in the last year. Loss before taxation was SGD 35,026,000 against SGD 100,716,000 for the same period in the last year. Loss was SGD 45,395,000 or 5.53 cents per basic and diluted share against SGD 104,337,000 or 14.94 cents per basic and diluted share for the same period in the last year. Net cash flows from operating activities were SGD 91,351,000 compared to net cash flows used in operating activities of SGD 92,650,000 a year ago. Purchases of property, plant and equipment was SGD 531,380,000 compared to SGD 467,880,000 a year ago. Additions to intangible assets was SGD 66,000 against SGD 1,607,000 reported a year ago. The company also reported impairment of loan to associate of SGD 7,100,000 for the fourth quarter of 2012. The company reported operating results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported revenue passenger-kilometre 2,906.5 million against 2,104.7 million for the same period in the last year. Available seat-kilometre was 3,436.6 million against 2,626.5 million for the same period in the last year. Passenger load factor was 84.6% against 80.1% for the same period in the last year. For the year, the company reported revenue passenger-kilometre 10,826.9 million against 8,493.8 million for the same period in the last year. Available seat-kilometre was 12,906.6 million against 10,447.4 million for the same period in the last year. Passenger load factor was 83.9% against 81.3% for the same period in the last year.
Tiger Airways Holdings Limited announced the resignation of Ms. Tan San-Ju as Joint Company Secretary with immediate effect. Ms. Joyce Fong Foong Chao remains as Company Secretary.
Tiger Airways Holdings Limited reported group operating results for the month and year to date ended April 2013. For the month, the company reported booked passengers of 639,000 against 466,000 for the same period a year ago. Revenue passenger-km was 1,009 million against 757 million for the same period a year ago. Available seat-km was 1,215 million against 915 million for the same period a year ago. Passenger load factor was 83.0% against 82.7% for the same period a year ago. For the year to date, the company reported booked passengers of 7,022,000 against 5,307,000 for the same period a year ago. Revenue passenger-km was 11,079 million against 8,377 million for the same period a year ago. Available seat-km was 13,206 million against 10,361 million for the same period a year ago. Passenger load factor was 83.9% against 80.9% for the same period a year ago.
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Industry Analysis
TGR
Industry Average
| Valuation | TGR | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.6x |
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| Price/Book | 2.4x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 0.1x |
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To contact TIGER AIRWAYS HOLDINGS LTD, please visit www.tigerairways.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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