$SATS LTD.(S58.SI)$ Its shares have fallen recently after failing to meet expected results. However the company has a reported earning of $7.2m instead of a loss a year a year ago.
Sats has expanded its business by opening up a Food Hub. It wants to explore new opportunities outside of aviation. To me this offers greater flexibility, sustainability and growth in future.
Hence the recent fall in its share prices give long investors an opportunity to buy or accumulate more of its shares, to maximise investment returns in years ahead when recovery in aviation has firmly rooted in probably 2023.
If market continue to work against it, I would likely buy some at price range of $3.60 to $3.80.
Again, this is just my personal view. Buy only if it is aligned to your view and investment objective. Best wishes.
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