Post Reply
481-500 of 6108
Talk only. U.S. Postal Service Reverses Decision to Halt Parcel Service From China
https://www.nytimes.com/2025/02/04/business/usps-china-de-minimis.html
https://www.nytimes.com/2025/02/04/business/usps-china-de-minimis.html
leroy55 ( Date: 06-Feb-2025 10:54) Posted:
|
The $800 tax charge is likely to have significant systemic effects. The fact that they are acquiring a global carrier will amplify this impact, potentially affecting their overall operations and financial strate
beng1102 ( Date: 06-Feb-2025 10:15) Posted:
|
Better quick STRONG BUY as correction looks over. Likely to bounce back to 3.35 soon.
leroy55 ( Date: 04-Feb-2025 16:29) Posted:
|
they had overspend thing they trying to venture, i still question the world carrier is right strategic to buy?
minichart ( Date: 04-Feb-2025 07:54) Posted:
|
https://www.minichart.com.sg/2025/02/03/sats-appears-to-be-in-an-oversold-condition/
Valuation and Recommendation:
Valuation and Recommendation:
- SATS currently trades at 18.1x FY26F PE and 15.4x FY27F PE.
- The target price has been adjusted to S$4.00, based on an 18.4x FY27F PE valuation, which is 0.5 standard deviations (SD) below its historical mean PE of 19.9x.
- The negative impact of tariff and tax rule changes is likely already priced in, making SATS an attractive long-term investment despite near-term risks.
From a technical analysis perspective, SATS appears to be in an oversold condition.
This Sats didnt move up with index, instead move down. Fully control by BBs
Sats acquires remaining 15% stake in Sats Food Solutions (Thailand)
The unit will serve as a centre of excellence for large-scale fresh frozen production in the group&rsquo s food solutions network
CATERING and ground handling company Sats has acquired the remaining 15 per cent stake in Sats Food Solutions (Thailand) (SFST) from Bangkok Ranch for about S$3.4 million.
In a bourse filing on Friday (Jan 31), Sats announced that the acquisition builds on the initial 85 per cent stake acquired in June 2021, giving the company total ownership of SFST.
The ground has been broken for SFST&rsquo s new facility in Pathum Thani, Thailand, which will span about 35,000 square metres across three buildings. When completed, SFST&rsquo s production capacity will increase to 108,000 fresh frozen meals daily.
SFST will serve as a centre of excellence for large-scale fresh frozen production in Sats&rsquo food solutions network.
The transaction is also key to Sats&rsquo strategic partnership with Mitsui announced in July 2024. Mitsui will take a 15 per cent stake in SFST, deepening collaboration between Sats and itself.
&ldquo This milestone with SFST gives us the agility to fully capitalise on our expanded operational scale and drive our partnership with Mitsui,&rdquo said Stanley Goh, chief executive officer, food solutions, Sats.
The acquisition is not expected to have a material impact on Sats&rsquo net tangible assets per share or consolidated earnings per share for the current financial year ending Mar 31.
LIM & TAN: SATS Ltd
Current Price: S$3.62 (as of 10 January 2025)
Target Price: S$4.38
Recommendation: BUY (Maintained)
Up/downside: +21%
https://www.investor-one.com/editorial/26897-Analyst-Alert-Recommendation-And-Consensus-On-SATS-Ltd-CapitaLandInvest-ComfortDelGro-Corporation-Ltd
SATS has been awarded cargo and ground handling contracts by Air India through its subsidiary Worldwide Flight Services (WFS) across major airports in Asia, Europe, the Middle East, and North America.
Current Price: S$3.62 (as of 10 January 2025)
Target Price: S$4.38
Recommendation: BUY (Maintained)
Up/downside: +21%
https://www.investor-one.com/editorial/26897-Analyst-Alert-Recommendation-And-Consensus-On-SATS-Ltd-CapitaLandInvest-ComfortDelGro-Corporation-Ltd
SATS has been awarded cargo and ground handling contracts by Air India through its subsidiary Worldwide Flight Services (WFS) across major airports in Asia, Europe, the Middle East, and North America.
Sats and WFS clinch 14 new cargo and ground handling contracts from Air India
The India flag carrier also renews 11 contracts with the Sats group following a global tendering process
IN-FLIGHT caterer and ground handler Sats and its wholly owned subsidiary Worldwide Flight Services (WFS) have been awarded 14 new contracts from India flag carrier Air India in major airports around the world, the group said in a bourse filing on Thursday (Jan 9).
The Sats group landed these contracts in a global tendering process, which also saw Air India renew 11 existing contracts with Sats and WFS.
The new cargo handling and ground handling stations are in North America, the United Kingdom, Europe and Asia, &ldquo significantly&rdquo expanding Air India&rsquo s partnership with Sats and WFS, the group noted.
They include, but are not limited to, stations such as Chicago, Washington Dulles, London Heathrow, London Gatwick, Birmingham, Frankfurt, Milan, Kuala Lumpur and Hong Kong.
Bob Chi, chief executive officer of Sat&rsquo s Asia-Pacific Gateway Services, said: &ldquo Our extensive capabilities and global network, along with the exceptional service our teams provide, uniquely position us to offer unparalleled international coverage to our airline partners.
&ldquo We highly value our partnership with Air India and are excited to represent the airline at these locations.&rdquo
Sat&rsquo s Gateway Services provides airfreight and ground handling services, which include passenger services, ramp and baggage handling, aviation security services, aircraft cleaning and aviation laundry.
Ramesh Mamidala, head of cargo at Air India, said streamlining Air India&rsquo s logistics processes and enhancing service levels across passengers and cargo were key to the airline&rsquo s ongoing transformation.
&ldquo By strengthening our partnership with Sats and WFS, we look forward to delivering a world-class operation for our customers around the world.&rdquo
global tender and final tender price must be at the " low price" ?
good
can start fly already ...
can break 380 ??
can break 380 ??
Air India extends SATS and WFS partnership with 14 new cargo and ground handling contracts across global network
https://links.sgx.com/1.0.0/corporate-announcements/0RTW2LGQZBQX4RDB/830113_Air_India_extends_SATS_and_WFS_partnership_with_new_cargo_and_ground_handling_contracts.pdf
https://links.sgx.com/1.0.0/corporate-announcements/0RTW2LGQZBQX4RDB/830113_Air_India_extends_SATS_and_WFS_partnership_with_new_cargo_and_ground_handling_contracts.pdf
Sats unit to shed stake in Saudi Arabia subsidiary for S$52.6 million
The mainboard-listed company will continue to hold a majority interest, with the remaining stake to be acquired by a privately held company
IN-FLIGHT caterer and ground handler Sats : S58 +0.52% intends to divest 49 per cent of its interest in its Saudi Arabia cargo-handling subsidiary for S$52.6 million to a private limited company incorporated in the kingdom.
Mainboard-listed Sats and its wholly owned subsidiary Sats Airport Services (SAS) on Monday (Nov 25) entered into a share purchase agreement with Avilog Logistics Services &ndash owned by a consortium of shareholders Albawardi Holding Group and Abdulkadir Al Muhaidib and Sons.
After the restructuring, Sats will continue to hold 51 per cent of the issued share capital of its Saudi Arabia unit, with the remaining 49 per cent acquired by Avilog. SAS will no longer be a shareholder of the Saudi Arabian subsidiary.
Describing the transaction as &ldquo a strategic move (to) capitalise on market opportunities in Saudi Arabia and present favourable market conditions&rdquo , Sats said the local expertise will help the unit improve its market effectiveness and expand logistics services.
&ldquo The combined resources will accelerate growth, starting with a new Jeddah facility, while enhancing air cargo and multimodal operations,&rdquo it added.
The group noted that Saudi Arabia expects substantial growth in passenger traffic and cargo handling by 2030, and that its local unit&rsquo s growth aligns with Vision 2030 &ndash a government programme that aims to turn the kingdom into a global logistics hub.
Sats and SAS may also receive an additional cash payment of up to S$70.2 million, said the bourse filing.
But the contracting parties must reach an agreement on the Saudi Arabia subsidiary&rsquo s earnings before interest, taxes, depreciation and amortisation for the fiscal year ending Mar 31, 2027.
The Saudi Arabia unit must also achieve its agreed performance objectives as per the terms specified in the agreement.
The book and net tangible asset values of the sale shares are about S$21.1 million and S$20.8 million, respectively, based on the unaudited consolidated financial statements of the group for the financial period ended Sep 30.
the reduction doesn' t affect the intrinsic value of the company, keep holding and beyond 4 dollar above
MichaelSchenker ( Date: 14-Nov-2024 09:41) Posted:
|
Finally we can say Sats follow SIA projectile
I thought it was Temasek Holdings reducing it' s share, no? Was reported in the media, right?
behonest ( Date: 09-Nov-2024 15:20) Posted:
|
didnt it say " cud be wrong" ? why work up????
anyway , just so u know , If SIA drop, SATS do drop.
anyway , just so u know , If SIA drop, SATS do drop.
guiren ( Date: 09-Nov-2024 16:56) Posted:
|
Indeed, with the heavily diluted shares, the millions of dollars profit becomes peanuts per share basis. And people who buy this stock hoping to keep as investment for dividends are deeply disappointed by the management's announcement that the old days' dividend payouts are now history.
No la,, dividend of S$0.015 per share ,,, you fool retail investors
behonest ( Date: 09-Nov-2024 15:20) Posted:
|