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Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS
Levin

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#1

19-01-2023, 08:32 AM
https://www.straitstimes.com/business/sa...andler-wfs
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talky

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#2

19-01-2023, 09:30 AM
(19-01-2023, 08:32 AM)Levin Wrote:  https://www.straitstimes.com/business/sa...andler-wfs

they will regret n repent for many more yrs to come after making this silly n stupid mistsakes
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Wy:Nox

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#3

19-01-2023, 01:32 PM
Shareholders want only profits. It is the Management staff who will suffer in the long run just like Singtel.
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theold

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#4

19-01-2023, 02:09 PM
It is like NOL last time. Takeover APL. Becomes a Giant.
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sclim

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#5

19-01-2023, 07:25 PM
it is only for beginning for buyer. results will have to wait if buyer can took over smoothly. value add to the buy. not an easy road as inflation has caused demand for wage increase everywhere. not road block. just difficulties they have to manage.
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Oyk

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#6

19-01-2023, 07:29 PM
(19-01-2023, 09:30 AM)talky Wrote:  they will regret n repent for many more yrs to come after making this silly n stupid mistsakes

Why do you say that?
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talky

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#7

19-01-2023, 08:01 PM
(19-01-2023, 07:29 PM)Oyk Wrote:  Why do you say that?

the agreed amt on take over was agreed when freight business rate  was at highest 
now recession coming even the ceo of the takeover company already said business slows down
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starbugs

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#8

19-01-2023, 08:26 PM
The deal certainly makes strategic sense. The question is whether SATS has a big enough stomach to swallow WFS.
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debono

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#9

19-01-2023, 08:28 PM
(19-01-2023, 08:26 PM)starbugs Wrote:  The deal certainly makes strategic sense. The question is whether SATS has a big enough stomach to swallow WFS.

Well said, if is up to SATS to take up the challenge......... Clapping Laughter-68
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mikotan

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#10

19-01-2023, 08:51 PM
Very risky. The workers in Europe and USA can go on strike to demand higher wages.
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sgbuffett

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#11

19-01-2023, 09:11 PM
Bad investment.

It will drain the cashflow for years to come
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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ysh02

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#12

19-01-2023, 09:26 PM
(19-01-2023, 09:11 PM)sgbuffett Wrote:  Bad investment.

It will drain the cashflow for years to come

Why 96% voted yes , they are confident can make it!....
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theold

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#13

19-01-2023, 09:28 PM
The freight rates were at their peak previously. SATS, like others in the same industry,  probably earn quite a lot during this peak. The rates had gone downhill recently.
(This post was last modified: 19-01-2023, 10:15 PM by theold.)
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theold

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#14

19-01-2023, 09:31 PM
Need to compare air freight.

https://www.cnbc.com/2022/12/07/freight-...pidly.html
(This post was last modified: 19-01-2023, 09:32 PM by theold.)
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theold

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#15

19-01-2023, 09:33 PM
https://www.supplychaindive.com/news/tra...Q3/638601/
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sgbuffett

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#16

19-01-2023, 09:42 PM
(19-01-2023, 09:26 PM)ysh02 Wrote:  Why 96% voted yes , they are confident can make it!....

96%  an be confident and wrong.

The acquired company is full of debt.
Labor is unionised and can strike to higher pay.
They are dependent on competitive contracts have have to be renewed.

The previous owners gladly let it go.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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theold

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#17

19-01-2023, 09:52 PM
American companies are growth by sales or market shares. They don't mention the profitability of the company.
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talky

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#18

20-01-2023, 11:49 AM
(19-01-2023, 09:42 PM)sgbuffett Wrote:  96%  an be confident and wrong.

The acquired company is full of debt.
Labor is unionised and can strike to higher pay.
They are dependent on competitive contracts have have to be renewed.

The previous owners gladly let it go.
never learn fr history that nol acquired american president line just to feel shiok shiok to hv market share b4 sold to french competitor
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Gstalk

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#19

20-01-2023, 12:04 PM
Big, big, big mistake
Laughing
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Symmetry

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#20

20-01-2023, 03:35 PM
Be glad and appreciative that none of our children works in SATS or Singtel.
Win the World but lost your Soul. 
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