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Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - Printable Version

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Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - Levin - 19-01-2023

https://www.straitstimes.com/business/sats-shareholders-vote-yes-to-buying-world-s-biggest-air-cargo-handler-wfs


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - talky - 19-01-2023

(19-01-2023, 08:32 AM)Levin Wrote:  https://www.straitstimes.com/business/sats-shareholders-vote-yes-to-buying-world-s-biggest-air-cargo-handler-wfs

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


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - Wy:Nox - 19-01-2023

Shareholders want only profits. It is the Management staff who will suffer in the long run just like Singtel.


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - theold - 19-01-2023

It is like NOL last time. Takeover APL. Becomes a Giant.


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - sclim - 19-01-2023

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.


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - Oyk - 19-01-2023

(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?


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - talky - 19-01-2023

(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


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - starbugs - 19-01-2023

The deal certainly makes strategic sense. The question is whether SATS has a big enough stomach to swallow WFS.


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - debono - 19-01-2023

(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


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - mikotan - 19-01-2023

Very risky. The workers in Europe and USA can go on strike to demand higher wages.


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - sgbuffett - 19-01-2023

Bad investment.

It will drain the cashflow for years to come


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - ysh02 - 19-01-2023

(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!....


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - theold - 19-01-2023

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.


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - theold - 19-01-2023

Need to compare air freight.

https://www.cnbc.com/2022/12/07/freight-rates-from-china-to-west-coast-down-90percent-as-trade-falls-rapidly.html


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - theold - 19-01-2023

https://www.supplychaindive.com/news/transpacific-air-freight-rates-drop-november-Q3/638601/


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - sgbuffett - 19-01-2023

(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.


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - theold - 19-01-2023

American companies are growth by sales or market shares. They don't mention the profitability of the company.


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - talky - 20-01-2023

(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


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - Gstalk - 20-01-2023

Big, big, big mistake


RE: Sats shareholders vote ‘yes’ to buying world’s biggest air cargo handler WFS - Symmetry - 20-01-2023

Be glad and appreciative that none of our children works in SATS or Singtel.