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SATS
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Sats
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ckmpd1
Supreme |
25-Oct-2022 18:25
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TikTalk
Supreme |
25-Oct-2022 18:25
Yells: "Anyone miss me?" |
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Can work arh?![]()
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ckmpd1
Supreme |
25-Oct-2022 18:23
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Today SATS went as low as $2.49.  $2.29 is only 20c away If this down trend contines,  $2.29 may  be reached next week. Never say never
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investshare
Supreme |
25-Oct-2022 18:17
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Via MP? Lol
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Adrianinsing
Elite |
25-Oct-2022 18:08
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I am formally writing this SATS via my MP today to ask them to either withdraw the offer to purchase or to be clear and unambiguous with shareholders on the rights price and quality
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vicloo
Supreme |
25-Oct-2022 17:47
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If you see twitter case, Elon was ready to 1B penalty to twitter to cancel the deal. Twitter still wants to sue him... Lol. At the end he U-turned to accept original deal at it is.
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y20099
Member |
25-Oct-2022 17:41
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For sure, this sats just like no money but still want to acquire and caused the stock price like diarrhea, end up became a laughing stock!
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Adrianinsing
Elite |
25-Oct-2022 17:41
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I did say $2.29 but I got shot down or told that people would sell houses - I still maintain $2.29 will be the low
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investshare
Supreme |
25-Oct-2022 16:38
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One thing for sure, Elon musk does not have a funding problem.
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vicloo
Supreme |
25-Oct-2022 16:02
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It was already done deal, offer was accepted by Cerberus. In any S&P surely there are cancellation penalties clauses.
"Sats intends to fund the acquisition through an equity fundraising worth S$1.7 billion, with the balance amount to be funded through internal cash resources. The company said it has also obtained an acquisition bridge facility for a Singapore dollar equivalent amount of up to 1.2 billion euros." https://www.businesstimes.com.sg/companies-markets/sats-to-buy-worldwide-flight-services-for-up-to-13b-euros-plans-s17b-equity
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civicavantae
Member |
25-Oct-2022 15:58
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When can the dropping stop and go up back? After their WFS news, the price now is worst than the initial covid period. | ||||
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y2jchris
Veteran |
25-Oct-2022 15:54
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i dont have any exp in all these buy-sell. Any bro/sista here have exp on this topic? if pull out while climax, SATS will tio penalty? But speaking of nowdays. investing really " fake news" gao gao. twiter still 1 x classic example of never shoot inside then pull liao.  
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vicloo
Supreme |
25-Oct-2022 15:48
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This seems to be a private deal, WFS is owned by Cerberus Capital Management. WFS is not listed.
It is simply a willing buyer willing seller S&P type deal, is like you buy a kopitiam shop from existing shop owner kind-of deal. If buyer cancel the deal 5-10% penalty to be imposed likely.
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vicloo
Supreme |
25-Oct-2022 15:37
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At least Elon musk super rich few Billions is peanuts to him... Anything under 20Bs, he can buy anytime with his personal net worth of usd 214B, can talk big lah....
Kerry Mok... No idea where to get money want to talk big haha.
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alanchee1
Member |
25-Oct-2022 15:05
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Absolutely ridiculous. A rising stock suddenly, out of the blue with no chance to escape, tanked almost 40% within a month because of the mishandling of this acquisition and caused many innocent investors to lose their hard earned money. Someone must be held responsible. People cannot keep silent anymore! | ||||
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Boatman
Master |
25-Oct-2022 15:02
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Ya management own us a reply!! | ||||
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y2jchris
Veteran |
25-Oct-2022 14:49
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speculative? this joke also funny AF. just be a good boy and firm the legs for revenge travel. The $$ is like buffet, free flow, airline dont jiak first, SATS will jiak, now u go changi aiport, the flight machiam pre-covid liao. then this sohai decided to " lets see crisis as opportunty"    
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y2jchris
Veteran |
25-Oct-2022 14:46
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i think they tio bao tou? Maybe its a bad deal then someone went to bloomberg to hint hint abit. How can the deal not even 80% finalized tio reveal sia. this is like elon mask saying buy twitter.. dont later cbkia, they pull plug. i see damn possible. but as an investor, this is like going rws to gamble. 50-50. not even DYODD, u buy now to pray deal tio cancel, you dont buy because you believe this joker will tumble the stock. but $2.5 is damn si-lang cheap.   
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uiop1223
Supreme |
25-Oct-2022 14:45
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Didnt see any news of competitor bidding for WFS. Not sure why SATS broke news in hurry but no clarity.
Anyway, T will be in for super long term and will not be affected by price movt. It wants spore companies to compete gobally and immediate / mid term returns are not priority. So T interest may not be align with sh. SH wants share price go up and divs but T vision is different. |
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TikTalk
Supreme |
25-Oct-2022 14:41
Yells: "Anyone miss me?" |
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Today one cent lower than 2020 low![]()
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