Latest Forum Topics /
SATS
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Sats
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Panda8
Veteran |
11-Oct-2022 20:54
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Do you know if they declare lower right price, the support of the share price will go even lower? This is why when they saw the price drop so much, straight away they announced the right price to support. This is not a common practice btw. 
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Panda8
Veteran |
11-Oct-2022 20:51
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Really ah?  Do you know last week got one ah gon saying the support is $3.  This is what heppened when closing. At 4.59pm, trading at $ 2.94, matching time, BB keep adjusting the buy / sell price about 11 million share. All the way from $3.10/$3.11 to $3.03/3.04. and close at $3.04. The ah gon still think that it is the support of $3.00.  What happen the next day, BB bring up the higher and slowly off load down. Every day repeat the same pattern.  So when you see the sudden surge and then slowly drop down, mean they want to off load their share.  Good luck to those still carry the babies.       
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machidrain
Veteran |
11-Oct-2022 20:09
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high chance drop to 2.79 | ||||
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TANPK123
Elite |
11-Oct-2022 19:47
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Stop spreading fake hope for new user here. Sats going to crash down below $2.70. Following $2.20. Last support base.
World War threats. Recession kick off now. STI and DJ crashing everyday by now. Plus covid19 new wave comings next few days.
Sats didn't plan well and nothing is good for sats. Demand will drop sufficient.
Big whale in sats already sold off between 2.98 to 3.09 last week. Price will keep dropping until.next dip.
SELL CALL FOR NOW.
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ruanlai
Elite |
11-Oct-2022 17:20
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https://www.theedgesingapore.com/news/aviation-engineering/sats-reopens-inflight-catering-centre-1-travel-demand-rebounds   |
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steveang1
Member |
11-Oct-2022 17:16
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LOL.. run while you still have time, the price will drop to 1 cent soon... LOL | ||||
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Adrianinsing
Elite |
11-Oct-2022 17:13
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Yup agreed 👍
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ckmpd1
Supreme |
11-Oct-2022 17:09
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agree. so many uncertainties
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Boatman
Master |
11-Oct-2022 16:56
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then they wont say reduce rights size already.. the lower the rights price the more the rights.. imagine they need 1.7B and now if price reduce... the number of share also increase
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ckmpd1
Supreme |
11-Oct-2022 16:55
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$2.93 now.  If SATs doesnt watch it, it will go below $2.90 tmrw
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ckmpd1
Supreme |
11-Oct-2022 16:44
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It can.  But how will it make up for the shortfall?
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Stocky901
Supreme |
11-Oct-2022 16:43
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SATS may also have the option to lower their Rights price from 2.79 to say 2.29 or 2.39 to attract more subscribers.. | ||||
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ckmpd1
Supreme |
11-Oct-2022 16:29
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you are right. so SATs must quickly come out and brief on their funding plans.  The longer they delay, the more SATs price will drop.  By friday it may drop to $280
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Boatman
Master |
11-Oct-2022 16:26
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duno when... how to sell their rights if the price is too low leh... logically people wont take up if not attractive and sell away the nil rights  | ||||
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ckmpd1
Supreme |
11-Oct-2022 16:25
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Push up to what price and by when?
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TikTalk
Supreme |
11-Oct-2022 16:23
Yells: "Anyone miss me?" |
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BB told you?
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Boatman
Master |
11-Oct-2022 16:21
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BB want to push up soon la | ||||
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ckmpd1
Supreme |
11-Oct-2022 16:13
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You made a good point.  I bought SATs last month at $3.88.  Fortunately. i sold all at $3.99 before the WFS acquisition announcement. How far SATs will drop depends on: 1. When SATs provides more information 2. Financing for the acquisition 3. Will the global economy go into a full blown recession I rather hold cash now
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investshare
Supreme |
11-Oct-2022 16:06
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Will go half that price?
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ckmpd1
Supreme |
11-Oct-2022 15:52
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Some SJ forumners are very bullish abt SATs and predicting $4.80 for SATs
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