S61.SI Stock Today: January 22 Site, App Restored After 4-Hour Outage
SBS Transit restored access to its website and app after a four-hour disruption on 22 January, while the LTA performed an ETA reset that removed bus-arrival timings across apps. Core bus and rail services continued. For investors, the focus is on reputational and IT-governance risk rather than earnings. S61.SI traded at S$3.28, up S$0.01 (+0.31%), within a S$3.26–S$3.28 range. Volume reached 120,300 versus a 80,542 average. We share what happened, how the stock looks today, and what to watch next in Singapore’s market context.
What Happened and What Was Affected
SBS Transit said its site and app were back online after about four hours on 22 January. Checks indicated the domain had expired, with the root cause still under review. Reports noted that bus and rail operations were not affected, though many users saw the “SBS Transit app down” issue while seeking service updates. See coverage by The Straits Times for the timeline and initial details.
Separately, LTA conducted a system reset to fix inaccurate arrival predictions, which made bus-arrival information unavailable across transport apps and stop displays. The “LTA ETA reset” meant riders could not check “SBS bus timing” for part of the day. LTA said it was addressing a technical matter. See Channel NewsAsia for the advisory and scope.
Market Reaction and Valuation Today
SBS Transit shares traded at S$3.28, up S$0.01 (+0.31%), with volume of 120,300 versus a 80,542 average. Price sat above the Bollinger upper band at S$3.22, flagging a near-term overextension. RSI was 65.8 and CCI 126.7, both near overbought, while ADX was 20.76, indicating a mild trend. We see a chance of consolidation if momentum cools or as bus-arrival data normalises.
SBS Transit’s PE is 14.77 on EPS of S$0.22, with a TTM dividend yield of 8.57%. The stock trades above its 50-day average of S$3.1874 and 200-day average of S$3.06285, between a 52-week low of S$2.40 and high of S$3.40. Market cap stands at S$1.016 billion. For income-focused SG investors, yield support helps while sentiment absorbs today’s news.
Business Fundamentals and Risk View
Under Singapore’s bus contracting model, SBS Transit is paid through service contracts with LTA rather than fare retention. With core operations running, we see limited immediate revenue impact from the outage. The key is governance: clear controls around domain renewal, incident response, and communication. Rail and bus reliability metrics, which drive contract outcomes, matter more for medium-term financials than today’s digital disruption.
SBS Transit shows low leverage with debt-to-equity of 0.018, current ratio 2.50, and cash ratio 1.05. Net debt to EBITDA is -2.13, signalling balance sheet strength. Profitability remains steady with ROE at 9.55% and ROA at 6.33%. These indicators support resilience amid short-lived service issues. For investors, they lower downside risk while reputational questions are addressed.
Key Watchpoints for Investors
We will watch for a root-cause report, tighter domain-renewal controls, and broader IT hygiene improvements. SBS Transit should update on customer communication steps and any coordination with LTA to prevent duplicate disruptions. Service reliability and complaints data over the next few weeks will show if trust was affected. Clear actions can cap reputational risk and stabilise sentiment.
Next, mark 24 February 2026 for earnings. We will look for comments on digital systems, opex impacts, and dividend continuity. Our system shows a Stock Grade of B (Hold) and a Company Rating of A (Buy) on 21 January 2026. Technically, S$3.22 is a nearby band marker, while the 50-day average at S$3.1874 offers a reference if the share pulls back.
Final Thoughts
SBS Transit restored its digital platforms after four hours on 22 January, while LTA’s ETA reset temporarily removed arrival timings. Operations continued, so we expect limited direct revenue impact today. The investment focus is on governance: timely domain renewals, robust IT controls, and clear customer updates. Shares at S$3.28 trade above key moving averages, with RSI near overbought, so consolidation would not surprise. We think the medium-term case rests on contract performance, steady cash returns, and balance sheet strength. Near term, monitor official post-mortem updates, LTA system stability, earnings on 24 February 2026, and whether sentiment normalises as bus-arrival data returns.
FAQs
What exactly happened to SBS Transit’s site and app on 22 January?
SBS Transit reported that its website and mobile app were restored after around four hours. Checks indicated the domain had expired, though the cause remains under review. Core bus and rail operations were unaffected, but riders could not access digital updates during the incident. Separately, an LTA ETA reset removed bus-arrival timings across apps, which compounded commuter inconvenience for part of the day. Both issues were resolved later.
Does the outage change the investment case for SBS Transit?
We do not see a material earnings impact from the brief outage because core bus and rail operations continued, and bus revenue is contract-based in Singapore. The near-term risk is reputational and IT-governance related. Investors should look for a clear remediation plan, stable service metrics, and any one-off IT costs. If communication is timely and controls tighten, the equity story remains tied to contracts and steady dividends.
Is S61.SI attractive after today’s move?
At S$3.28, SBS Transit trades at 14.77 times earnings with a TTM dividend yield of 8.57%. Technicals show price above the Bollinger upper band and RSI near 66, hinting at short-term consolidation risk. Medium term, balance sheet strength and contract stability support the case. Our system signals a Stock Grade of B (Hold) alongside a Company Rating of A (Buy) dated 21 January 2026. Monitor earnings on 24 February 2026.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
