| Latest Forum Topics / SATS Last:3.97 -- |
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Sats
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Shaneong
Senior |
12-Oct-2022 10:41
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Nah......I say very likely they will come out to say the rights issue will be of smaller proportion 
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ckmpd1
Supreme |
12-Oct-2022 10:36
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SATs may have to lower the Rights price.  $2.79 looks unstainable
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Adrianinsing
Elite |
12-Oct-2022 10:35
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Of course - at this rate it will be $2.50 next week and $2.30 the week after !!
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MARKWONG
Senior |
12-Oct-2022 10:35
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There is nothing can do but simply wait. The market sentiment is really bad which will override everything. Sats acquisition tagged on the wrong moment where everywhere desperately looking for cash. The borrowing cost is too high as for current. The CEO wants to show off at shareholders cost. Another SPH typical management with no financial senses. |
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ckmpd1
Supreme |
12-Oct-2022 10:34
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agree.  my belief is in the short term the WFS acquisition is a liability to present SHs.  Perhaps in the LT it is good but it depends on the financing, global econonies, travel industry, etc.    many SHs may prefer to sell now and buy back later
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Shaneong
Senior |
12-Oct-2022 10:25
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The victims will always be the us....normal people
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Shaneong
Senior |
12-Oct-2022 10:22
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They will tell you it' s free market....unless proven this is manipulated by the " few" players, it' s still ok....
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ckmpd1
Supreme |
12-Oct-2022 10:18
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Doesnt matter.  It is their money. 
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TikTalk
Supreme |
12-Oct-2022 10:16
Yells: "Anyone miss me?" |
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Ya I dont mean bet blindly, I mean some betted as if they know better than what they know.![]()
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Shaneong
Senior |
12-Oct-2022 10:14
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See saw .....wat next? Up to $3.15 again? ....lol.....I think I' ve averaged enough...now go casino play banker/player 😝
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Adrianinsing
Elite |
12-Oct-2022 10:12
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When a share is manipulated like this SGX does nothing !!!
This manipulation makes a mockery of the Singapore market
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ckmpd1
Supreme |
12-Oct-2022 10:10
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Not bet blindly.   
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TikTalk
Supreme |
12-Oct-2022 10:07
Yells: "Anyone miss me?" |
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Ya lor, just bet as if we don' t know and be prepared to lose or win, if so easy to speculate stock prices nobody need to work liao.....
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Adrianinsing
Elite |
12-Oct-2022 10:04
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Good news became bad news as share sold off !
Typical BB
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y20099
Member |
12-Oct-2022 10:00
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Indeed! Such a good news but lead the stock go downhill, almost 2 week since the made the announcement, the management need do something....
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vicloo
Supreme |
12-Oct-2022 09:54
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Rights price already declared 2.79 on 3rd Oct, why need to guess?
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Shaneong
Senior |
12-Oct-2022 09:52
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Only 3000 lots to bring price down by $0.10.....this counter tio manipulated ....SATS mgt really useless.....
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Joelton
Supreme |
12-Oct-2022 09:51
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SATS reopens Inflight Catering Centre 1 as travel demand rebounds
 
SATS has reopened its Inflight Catering Centre 1 on Oct 11, the first time in over two years, as it gears up for the growing travel demand.
 
The reopening comes at the same time as the reopening of Changi Airport&rsquo s Terminal 2&rsquo s southern wing for departure flights.
 
The catering centre is one of two inflight catering facilities that SATS operates in Singapore. It comprises a total of over 30 specialised kitchens to serve more than 80% of flights at Changi Airport and Seletar Airport.
 
According to SATS, the resumption will allow the company to meet the increased demand stemming from an acceleration in travel recovery. Inflight meals served as well as flights handled by SATS crossed 50% of its pre-pandemic levels in June. The volume of flights going through Changi Airport is expected to reach 80% of its pre-pandemic volume by the end of 2022.
 
In its statement on Oct 11, SATS adds that it will continue to invest in its Changi operations, further reinforcing its aviation catering, ground-handling and air cargo capabilities, providing best-in-class support to customers.
 
In addition, it is ramping up its annual aviation production capacity in Singapore to achieve 53 million inflight meals by 2025 through automation and the more efficient use of space.
 
&ldquo With a 20% increase in production capacity, SATS is catering for demand growth to cement Changi&rsquo s air hub position not only during the year-end travel peak but also through the coming decade,&rdquo reads the statement put out by SATS.
 
&ldquo Food is the mainstay of many cultures even while 30,000 feet in the air. Working collaboratively, we do our best to provide customers with tasty, quality food, while driving operational efficiency and sustainability across the business. To achieve greater agility and business resilience, scale is key,&rdquo says Stanley Goh, CEO of SATS&rsquo s Food Solutions.
 
&ldquo Aiming for robust and resilient growth that goes beyond pre-pandemic levels, we have expanded large-scale production capabilities and integrated the supply chain across our geographical network as part of our tiered kitchen strategy,&rdquo he adds.
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Shaneong
Senior |
12-Oct-2022 09:49
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Go down more I' ll buy a little bit more to further average....but I doubt will go down much further 
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ckmpd1
Supreme |
12-Oct-2022 09:44
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Your point has some logic. Based on your point of long term view, some bought at $3.50.  It is now $2.84.  Why bought at $3.50 when can get at $2.84 now.  May go down to $2.50 in future.  
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