ijiji
2022-03-22

$SATS LTD.(S58.SI)$Would this stock recover? The company has actually went through quite a couple of shocks over the years. In 2001, it survived through the 911 issue. In 2002-2003, it also survived sars. Actually, the 2009 recession caused the greatest dip. But all in all, the real number in departures have increased over the years and what we need to know that covid-19 is a shock. If you play the long game, you should be looking at survivability. SATS has always recovered relatively well after the shocks. Some people argued that it has been supported by grants but most countries also support their businesses with grants during covid-19, it's basically what a government is supposed to do. SATS is a monopoly and it's growth is dependent exactly on how much traffic go through Changi. Ukraine war might be raging, but it's really Eurocentric. Asia Pacific still have to continue, people in Asia will still have to start traveling. But of course, maybe rice will be offer instead of bread considering wheat prices. [LOL] 

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Comments

  • MortimerDodd
    2022-03-22
    MortimerDodd
    What does this company have to do with Changi Airport?
    • ijiji
      Please do research to understand the business before buying. https://www.sats.com.sg/
  • 叫我發先生
    2022-03-24
    叫我發先生
    Huathuat, pls givee me a like
  • CarterSilas
    2022-03-22
    CarterSilas
    Hope the Covid and the war are all gone so that the stock market can be stable, especially for company like SATS
  • JoBloor
    2022-03-22
    JoBloor
    I am bullish on SATS as it is strongly affected by the pandemic with less international traveling. When the pandemic is over, SATS will recover.
  • PeteLeacock
    2022-03-22
    PeteLeacock
    I have no idea. Are you going to still hold it?
  • EarlBoyle
    2022-03-22
    EarlBoyle
    we are not sure when the COVID is gone. Can the company still be alive at that time?
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