Latest Forum Topics /
SATS
Last:3.9
-0.09
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Ausgroup - the train is moving soon
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Adrianinsing
Elite |
27-Oct-2022 09:40
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Today was more pump and dump
This trend continues until the company comes out and clarified the quantity and price of the rights and it will get more stable - I think they will do it after results on 9th Nov |
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TikTalk
Supreme |
26-Oct-2022 18:18
Yells: "Anyone miss me?" |
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Market will go up/down and then at some time it has to  decide (?) if its all good or bad again...tio bo...only problem dunno where and when whoever can catch the ups/downs(blue arrows) ho say liao...![]()
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ckmpd1
Supreme |
26-Oct-2022 18:09
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Adrianinsing
Elite |
26-Oct-2022 17:58
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No I will not sell when it is pumped up because I?m not a trader and I still believe in SATS over a 2 year time period
However when it drops to $2.29 then I will buy double my existing quantity
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ckmpd1
Supreme |
26-Oct-2022 17:51
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These recently rallies are to position SATS to justify its RI price
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Adrianinsing
Elite |
26-Oct-2022 17:29
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Yes
SATS has an incentive to buy WFS but investors do not have much incentive to buy the SATS share until the rights price and quality are sorted and announced These frequent rallies must be faded - do not get sucked in and trapped
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ckmpd1
Supreme |
26-Oct-2022 17:09
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Wld you consider  selling your shares if SATS pump up the price ?
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ckmpd1
Supreme |
26-Oct-2022 17:07
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I am not fear mongering.  But even if SATS price goes to $3.20 soon, it can drop to $2.20 after the RI.  Just my thoughts.   
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ckmpd1
Supreme |
26-Oct-2022 17:04
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I dont like uncertainties.  I prefer to hold cash until the fog clears,  There are many good counters where we can assess and make conscious decisions.  I wont go in until SATS revels its proposed funding.  But that doesnt mean i dont need to keep abreast of what SATS is doing
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Adrianinsing
Elite |
26-Oct-2022 16:58
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I?m still holding but suffering losses at the moment
To be honest you did the right thing - u will be able to buy back $2.29
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ckmpd1
Supreme |
26-Oct-2022 16:56
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Thanks for your wishes.  I sold my SATS shares four weeks ago and am keeping abreast.  Not buying now until clarity prevails
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mrwise
Supreme |
26-Oct-2022 16:54
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better run....understand no dividend past few years..... | ||||
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ckmpd1
Supreme |
26-Oct-2022 16:54
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Agree with you that they wld want the price to be abt $2.79.  That was based on $3++ SATS price.  Then they will have to borrow less from other sources.  But it must be attractive for SHs to subscribe.  Yesterday SATS was $2.54.  Today it is $2.60+.  SATs will probably try to push its price to %$3 or $3.20 and announce a s\RI price of $2.5 or $2.60. Let us see its price over the next few days
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FATABA
Supreme |
26-Oct-2022 16:46
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U can get some clue from previous right of 2.79 ( if not wrong ) . The quantity of shares they planned to issue may not change due to dilution and amount . So if they are saying NOT more than 50% of the total debt from right....you can estimate it will be below 2.79 and yet sufficient for SATS ..... ( certainly wld not push to $3 and them offer a $2 right for it to drop down XR ..lol )  I remain w an estimate of 2.50 ( unless there is a MAJOR shift in market direction over the next few days/wk )  Good luck . Dyodd
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ckmpd1
Supreme |
26-Oct-2022 16:41
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Agree.  The longer they wait, the more possible of war escalation and economic slump.  if so RI may not be attractive
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ckmpd1
Supreme |
26-Oct-2022 16:39
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Agree.  So it depends on last traded price.  It makes sense for them to push up traded price before announcing RI details. But, just hypothetical, last traded price is $2.50, it is possible for RI to be $2 or $2.10. I can see SATS desire to push last traded price to $3 or $3.20.  But let' s see
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TikTalk
Supreme |
26-Oct-2022 16:35
Yells: "Anyone miss me?" |
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Also have to worry about recession too.![]()
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FATABA
Supreme |
26-Oct-2022 16:35
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Bro , if not wrong base on the 1.12b shares .... I doubt it will be near the $2 .... 10/15% of last traded price is more common if my guess is right .  Further , the more they get from current SH , the less SATS need to loan and pay in interest.  Dyodd
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TikTalk
Supreme |
26-Oct-2022 16:33
Yells: "Anyone miss me?" |
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I cannot think properly now, many here calling for 2.29, 2.00 and 1.80, I am long already.![]() But I hope your feeling is good. ![]()
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ckmpd1
Supreme |
26-Oct-2022 16:33
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Someone accused me of war mongering.  But buying shares has to take into account threats or escalation of war.  MFA has urged Singaporeans to avoid travel to Ukraine and Russia.  This signals that an escalation is likely.  I think we have to take this possibilty into consideration
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whoever can catch the ups/downs(blue arrows) ho say liao...

I am going to lose my pants