| Latest Forum Topics / SATS Last:3.99 -- |
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Sats
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Shaneong
Senior |
13-Oct-2022 13:45
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🤣 🤣 🤣 ....I slowly average .....wat goes down, will bounce up.....u can' t defy nature 
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Boatman
Master |
13-Oct-2022 13:44
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Sell la since so many ppl aay 2.2 | ||||
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ckmpd1
Supreme |
13-Oct-2022 13:44
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Good estimates. But they are a far cry from $4.10.  Pity the loyal ah gong, ah ma SATs SHs.  These loyal SHs got whacked by SCM mgmt.  Now another time by SATs mgmt.  Have those who said buying WFS is good cared abt these old loyal SHs
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y20099
Member |
13-Oct-2022 13:43
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Cancel the deal better, such a failure investment, never came out a proper plan and anyhow announce. The CEO should step down | ||||
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Adrianinsing
Elite |
13-Oct-2022 13:42
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Do not sell - hold it
You can average at $2.29
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Boatman
Master |
13-Oct-2022 13:41
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Cannoy tahan liao sold!! F | ||||
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Adrianinsing
Elite |
13-Oct-2022 13:35
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Yes agreed - rights would be roughly there based on my calculations
I see SATS share price bottoming around $2.29 and rights sold at $1.42
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ckmpd1
Supreme |
13-Oct-2022 13:35
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Agree.  Too many uncertainties.  SATs price has dropped a lot in the past twio weeks.  The Rights price has to be priced low to be attractive.  But if priced too low, how is SATs going to get $1.7B to pay for WFS?
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Stocky901
Supreme |
13-Oct-2022 13:31
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Agreed. They already said 2.79 is for illustrative purposes. I think final price could be much lower depending on market responses and available resources. Too much uncertainties now. 🤐
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Adrianinsing
Elite |
13-Oct-2022 13:30
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Temasek reducing the stake is surprising and disappointing and is not a good sign - very unfortunate.
$2.29 will be worth buying as it is 50% Fibonacci retracement from the high
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Sgvale
Supreme |
13-Oct-2022 13:28
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Below 2.79.Bad omen | ||||
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ICXGOLD
Master |
13-Oct-2022 13:26
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The Book Value of SATS is $1.42 so wont be surprised if rights come in closer to that price. Sembcorp Marine was operated in a similar way from. 80 cents the news of a potential rights brought the price to mif 40 cents and then they announced rights at 20 cents. At current price they really cannot have a 1 for 1 rights at market price | ||||
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ckmpd1
Supreme |
13-Oct-2022 13:15
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Possibly. I am just wondering why SATs has not come out to stem the drop by announcing its acquisition plans. The only reason i can think of is that SATs has not finalised how to finance the purchase.  If so, it is very bad 
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Adrianinsing
Elite |
13-Oct-2022 13:10
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I think the floor will be $2.29
After that it should get good support |
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ckmpd1
Supreme |
13-Oct-2022 12:46
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Agree with you.  When we said that SATs price will be badly affected, some forumners here took offene as they were touted how good the acquisition will be and predicted that price will go to $4+..  But they failed to see that besides the announcement of acquisition, nothing was said abt how to finc=ance the acquistion   
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Shaneong
Senior |
13-Oct-2022 12:33
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Yup.....when they sell you cover your shorts .....let' s see...
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TANPK123
Elite |
13-Oct-2022 12:20
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Those will follow my post will know. As I said early. By Friday will touch $2.79. Follow base support $2.20 issues rights. Do not buy anymore from now. Sell sell sell. Buy back 2 weeks later about $2.20 | ||||
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Boatman
Master |
13-Oct-2022 12:04
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Why they sell for $3.5m for what | ||||
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Sgvale
Supreme |
13-Oct-2022 11:52
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Temasek sold. Waiting to scoop up unsubscribe low for Rights pricing?
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uiop1223
Supreme |
13-Oct-2022 11:47
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Yes.. i didnt say its alot. I said 12m shares..
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