| Latest Forum Topics / SATS Last:3.99 -- |
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Sats
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Adrianinsing
Elite |
13-Oct-2022 15:05
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Yup same as SingPost
I think many houses will be sold then cause $2.29 is coming soon I can definitely see $2.29 in the next few months The good news is that after all the rights is completed I can see $4.80 within 2 years if there is no deep recession SATS is not a buy at this price yet - another 50c to drop
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Shaneong
Senior |
13-Oct-2022 15:03
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Price come down first.....will just take profit on one of my investments and throw into SATS
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TikTalk
Supreme |
13-Oct-2022 15:02
Yells: "Anyone miss me?" |
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Same as the Singpost investor who sell house.![]()
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Adrianinsing
Elite |
13-Oct-2022 15:00
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I do not think the management is all bad
They are moral and upright and have integrity The only problem is that they have handled this takeover badly A clear plan should have been executed with no leakage to Bloomberg and an unambiguous and fixed strategy announced as to how to pay for the takeover The leak was the worst as it obligated them to talk about approximate rights prices etc which now cannot be upheld given the market sentiment They were also very lucky that the market sentiment is so bad I see the share at $2.29 and rights at $1.41 I am holding but will only add at $2.29 |
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Adrianinsing
Elite |
13-Oct-2022 14:58
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Ok 👍 get ready to sell your house cause it is going there
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Shaneong
Senior |
13-Oct-2022 14:55
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If SATS goes down, SIA goes down......LKY ever instructed never to let SIA go down or Singapore will be gone....you go do your equation.... yes, it' s my money and I' m making my own investment....I' m not encouraging anyone to follow...I' m not fear-mongering .... I' m more to mid-long term investor....this kind of fluctuation just presents more opportunity for loading up a gem in the making ....for me  
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ckmpd1
Supreme |
13-Oct-2022 14:48
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They can do anything or they can dont do anything.  I cant speak for them.  Suffice to say many blue chips have gone bad because of bad mgmt and bad decisions   Eg  NOL, SMRT, Hyflux, SPH, SCM.  It is your money.  Do what you want.  No need to justify to anyone
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Shaneong
Senior |
13-Oct-2022 14:42
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You mean they cannot change mgt when the business increase? They have to stick to this person forever? Only constant in this world is Change.....
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Shaneong
Senior |
13-Oct-2022 14:40
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I' m serious when I say I' ll sell my house to buy if it ever comes down to $2.29.....number 1 cargo handling business in the world.....it' s near monopoly....increase their service rates by 5% worldwide, you imagine how much they will earn..... These ppl are not stupid ......once the funding issues are resolved, this will increase in value tremendously .....unless there is another round of pandemic or WW3, if not, will b a winning investment ....
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ckmpd1
Supreme |
13-Oct-2022 14:38
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Yes.  You miss many things.  Mgmt matters
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Shaneong
Senior |
13-Oct-2022 14:33
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Wrong assumption....SATS is acquiring another company to expand its business....it' s a long term plan.... now it' s all about funding issues....not that it is in financial trouble.... did I miss anything? 
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ckmpd1
Supreme |
13-Oct-2022 14:30
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some SATs supporters got offended when i    mentioned SCM.  Nevertheless, I am going to say if SCM can drop from $4 to 8c, SATs can drop from $4.10 to $2.  It is the mgmt than kills.  Look at NOL, Hyflux.  some equate SATs to SIA.  wrong SATs is not SIA.
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gosharej
Senior |
13-Oct-2022 14:24
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Agree.    me too, sell my house , keep  buying.   
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Shaneong
Senior |
13-Oct-2022 14:07
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If ever this price I will sell my house and buy....can earn another house, why not?
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Shaneong
Senior |
13-Oct-2022 14:01
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When there is a seller, there will be a buyer....guess who is buying?
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Adrianinsing
Elite |
13-Oct-2022 14:01
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Just be patient - hold what u have
Buy more $2.29 |
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Shaneong
Senior |
13-Oct-2022 13:57
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Just progressively average.....don' t have to throw all your funds into it .....uall never know wat will happen......if it can go up $3.15 and down to $2.76......it can also go up from $2.76 to $3.15.......watever comments here are guessing games...those able to hold will eventually be the big winners 😜
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ckmpd1
Supreme |
13-Oct-2022 13:55
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I dont thin $2.77 is a good price to buy.  SATs has fallen from $4.10 to $2.77 today.  I am going to wait for it to go lower.  The damage done is going to be more severe 
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Shaneong
Senior |
13-Oct-2022 13:51
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Shortist win this time round....have to admit....lol....but for mid-long term investor, wat a wonderful price to get...😋 💦
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Shaneong
Senior |
13-Oct-2022 13:46
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U no holding power ? Then GG.....fall into trap ...
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