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.........
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.