[hansamu]

SATS S58 -4.36% has reported a loss of $26.5 million for FY2023 ended March 31, compared to the earnings of $20.4 million in the preceding FY2022.

[theold]

Is it because of this?

https://www.straitstimes.com/business/sa...andler-wfs

[K88 shu shu]

SIA turn from lost to profit how come SATS the opposite ?

[theold]

The shipping rates were very high previously. Now, worldwide the rates have dropped. They just swallowed the world's biggest cargo handler. Hope won't get choked.

[Right way]

I bought SATS now become sad.

[Dan]

Is it because of this?

https://www.straitstimes.com/business/sa...andler-wfs

Greed knows no bounds
They only have full control in Singapore elsewhere depends on how powerful our ForeignMinister is

[hansamu]

I bought SATS now become sad.

What price?

[Right way]

What price?

$2.75

[hansamu]

$2.75

Not too bad....Will recover. 
If few lots,nothing to fret.

Bought yesterday?

[klat]

They didn’t know that the worker’s Union there is very, very powerful?

They will be brought down to their knees when they go on strike.

Compensation after compensation.

[talky]

They didn’t know that the worker’s Union there is very, very powerful?

They will be brought down to their knees when they go on strike.

Compensation after compensation.

ard 2.35 next support

[hansamu]

ard 2.35 next support

Some say target buy price 2.20....hard to achieve I guess .

[ysh02]

From another graph chart $2.60 also strong support too!!

[Right way]

Not too bad....Will recover. 
If few lots,nothing to fret.

Bought yesterday?

Yup. but on hand total holding more than 40 counters lost more than 500K and dun think can recover back

[hansamu]

Yup. but on hand total holding more than 40 counters lost more than 500K and dun think can recover back

Can understand fully. 
You are not alone, many others in the same hole.

Stay patient and positive...better days will come for sure.

[Ola]

already no money still want to buy WFS for $1.1Billion

where is the money coming from???


https://www.reuters.com/markets/deals/si...022-09-28/

[ysh02]

No money they ask for right issue lah....Ah Kong Ah Ma support no worries....dividends keep for later like SIA reward employee and management staff , don't need return or share with others or Gov.

[lioncityftw]

.
.
.

[hansamu]

SATS incurred a loss...so no dividend payment this round?


SIA long suffering share holders also were not paid dividends for a few years, and also incurred capital losses.