bernardtayet
2022-06-02

$SATS LTD.(S58.SI)$ 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. 

šŸ’° Stocks to watch today?(22 Nov)
1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? šŸŽ Make a post here, everyone stands a chance to win Tiger coins!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • jaesim
    2022-06-02
    jaesim
    looking at 2.40 only.
  • Liang0020
    2022-06-02
    Liang0020
    Thank you for sharing. Maybe we can buy it at lower price and win....šŸš€šŸš€šŸš€
    • bernardtayet:Ā 
      Absolutely agreed with your suggestion. Thanks
  • ę½˜å°ę˜Ž
    2022-06-04
    ę½˜å°ę˜Ž
    Anything below 4 is good
  • tx34
    2022-06-03
    tx34
    hard to come to your entry point at 3.6-3.8
  • Kingcat
    2022-06-05
    Kingcat
    interesting. yes watching closely too
  • acjk
    2022-06-03
    acjk
    Thank for sharing
Leave a comment
4