$SATS LTD.(S58.SI)$ i am bearish on aviation and aviation related stock. SATS is one stock I am rather bearish.

Its share price has slided from $4.56 on 26 May 22 to around $4.01 (source, 5 Sep 22, Yahoo Finance), near its 52 week low at 3.77.

Despite our border reopening and relaxation of covid vaccination, SATS, as a ground and food handling business, rely on its airline's customers.

Since many airlines, including SIA, is still recovering and is still less than pre - pandemic pax volumes, SATS future is not as bright.  It also faces rising operational and staff costs as well as some outstanding debts.

Until traffic coming through Changi is in full recovery, until Chinese tourists and neighbouring countries comes in droves,  until it starts paying dividends, until it diversify out of aviation related business for its revenues, I think I am bearish on this stock. 

Perhaps I will bullish from FY 2023. 

To me it is not the time to buy now. I may buy a little if it reaches its 52 weeks low, offering a greater margin of safety for the long haul investment. 

Just sharing my personal view. Please do your own research and align to your investment or trading objectives. 

Best wishes.