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SATS
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Sats
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ckmpd1
Supreme |
08-Nov-2022 13:52
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Is it  fair to the SHs to announce an acquisition without details?  Good question The price has dropped from $3.87 on 28 Sep to $2.65 now.  Is it fair to the SHs?  SATS mgmt has to be questioned
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soeteono
Senior |
08-Nov-2022 12:41
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Good for short sellers ,.
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mav1ryan
Veteran |
08-Nov-2022 11:30
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This is a standard legal procedure needed for M& A to happen, it does not mean the deal will be cancelled or SATS will definitely sign the deal. However one thing for sure is that why SATS announced to the world when such investigative procedure not done yet, is it unfair to the shareholders?
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FATABA
Supreme |
08-Nov-2022 11:25
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Bro it will not happen . its his view.  Spore will NOT let this tarnish our standing ....for sure.   
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rlong8288
Master |
08-Nov-2022 10:55
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wow like that also can
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Adrianinsing
Elite |
08-Nov-2022 10:20
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Yes standard
But if they want a way out of the deal - that is the one
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FATABA
Supreme |
08-Nov-2022 10:00
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bro I think this is a standard requirement . Certainly not a signal it will be cancel base on this news/  Dyodd
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Adrianinsing
Elite |
08-Nov-2022 08:17
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Latest News
Takeover may get cancelled SINGAPORE - The Competition and Consumer Commission of Singapore (CCCS) is seeking public feedback on the proposed acquisition of Worldwide Flight Services (WFS) by Sats. In a statement on Monday (Nov 7), CCCS said it accepted an application from Sats, and the entity that is selling WFS, for a decision on the proposed transaction. The competition watchdog is assessing whether the proposed transaction would infringe section 54 of the Competition Act, which prohibits mergers that have resulted, or may be expected to result, in a substantial lessening of competition within any market in Singapore. In September this year, Sats announced the proposed acquisition of WFS, the world?s largest air cargo handling firm, ?to create a global leader in the aviation services sector?...... |
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Adrianinsing
Elite |
07-Nov-2022 17:14
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I also think that when we read the results on 9th Nov that we will see that SATS will have prudently extrapolated all the positives it can in the result presentation so that it can underpin the share price and thereby get a more favourable rights price
This favourable presentation may thereby push up the price of SATS nearer to $3 and possibly beyond and will thereby make a rights of about $2.79 more palatable This would be fully legal and prudent |
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Adrianinsing
Elite |
07-Nov-2022 16:38
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By holding onto my fairly substantial quantity of SATS I am just betting that SATS results might be good and that even if they are bad it would be fully baked into the price ( down from $4.70 at a high this year ) so worth the risk - but then again with SATS nobody knows Lol 😂
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Adrianinsing
Elite |
07-Nov-2022 16:33
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My view is that results will be very very good and out on 9th
The share in my opinion will initially shoot to $2,85 the next day following results - no idea if can sustain CAVEAT : This is NOT an incitement to buy now |
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y20099
Member |
07-Nov-2022 16:27
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Count me in! 
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hmmhmm
Elite |
07-Nov-2022 16:23
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Hmmhmm......Q2 result coming soon.....will the H1 bottom line become +ve or -ve widen? | ||||
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alanchee1
Member |
07-Nov-2022 14:57
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I have kept baskets of eggs for a very long time that are fully rotten by now. Will bring them to the meeting for all to throw.
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wait4opp
Master |
07-Nov-2022 12:03
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With SIA and SIA Eng resulting to good results, this gem should have a much better one for the result reporting tomorrow. For sure the result is robot and the CEO then can dare to hold meeting to face all the shareholders......He is not stupid........ If the result no good sure will get people going to throw the rotten egg to the CEO during the Friday meeting and ask the nasty questions to shame on him. DYODD |
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ruanlai
Elite |
05-Nov-2022 21:24
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Everyone who turn up for the meeting please remember to bring two rotten eggs.   |
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vicloo
Supreme |
05-Nov-2022 19:32
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Very true
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Adrianinsing
Elite |
05-Nov-2022 17:54
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Thanks
I will ask him
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Adrianinsing
Elite |
05-Nov-2022 13:40
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Rarely is a share so negative without a corresponding sudden positive turn around in fortunes  This super negative sentiment may be the very catalyst that starts the turn around  |
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Adrianinsing
Elite |
04-Nov-2022 19:45
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I sense that SATS may recover past $3 in next few weeks Results out next week will be ok I think  Moreover SATS plan to communicate with shareholders should give some clarity    |
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