$SATS LTD.(S58.SI)$  

 SATS AGM - 11am today(19th July 2024) at Grand Copthorne Waterfront, dont forget!

No food provided, lousy! The mgmt is not thoughtful! Give us twist voucher $15. Many voices out to them SATS doing food businesses yet didn't serve shareholders with food during AGM, very embarrassing!I Think Next year they may include.

Ceo said they are looking at the 1+1 integration to get a 3 instead of 2. Top 20% customers can provide potential enormous growth. WFS achieve productivity of saving costs of about 2-3%. Generate cash flow of 260m in 4q 2023 this may help to reduce the repayment of loan. Assets light, mainly on leases. Generating healthy cash flows for both Food and WFS.

Debt to equity 1.63x versus 0.5x previously. Want to know their difficulties in achieving RoE 15%.1 year integration (Food and gateways )is not easy. Getting to know the ppl beside acquiring the infrastructure. Cherish their staff to grow with the company. He is flexible to receive call in the wee hours. They are committed to achieve ROE of at least 15% or higher. Very strong teams globally.

SATS - She had run up to hit my target price of 3.32, awesome! I had taken this opportunity to secure the profit at 3.34 yesterday! Beautiful!

SATS- A Very nice Long greenish candlestick appearing on the chart yesterday and closed well at 3.29 , up 17 cents coupled with quite a high volume this is rather bullish!

Likely to test 3.32 than 3.40 and 3.60 . Pls dyodd.

SATS - She has a Nice breakout at 3.02, trading at 3.11 likely to continue to trend higher towards 3.32 level.

Pls dyodd.

SATS - She is rising up to revisit 3.00 soon!

A nice breakout smoothly will likely see her testing 3.22 and above! Pls dyodd.

SATS - She has again managed to reclaimed 2.90 and is now trading at 2.93, looks like the uptrend direction will continue! Fantastic!

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SATS - AGM is on 19th July 11am at Grand Copthorne Waterfront Hotel level 4, do take note!

May be got nice kopi plus snacks!

SATS- She has retreated from 2.99 to touch 2.86, looks rather interesting! Likely to continue to trend higher!

Pls dyodd.

Gapped up this morning, fantastic!

Likely to rise up to test 2.94 again!

Pls dyodd.

SATS - FY results is out! Declared Final dividend of 1.5 cents, Awesome! Gross Revenue is up three-fold to 5.1b.

XD 24th July. Pay date 8th August.

Net profit of 56.4m reversing from last year net loss of 26.5m. Finally, they are back to profitable, Fantastic!

Strong balance sheet and healthy cash flow, solid!

Quote: SATS is on an ambitious plan to increase revenue by about 60 per cent to $8 billion over the next four years, as it works to build on its sterling set of full-year results that exceeded expectations.

“We have a clear strategy for each of the group’s business lines, and we have a strong operating platform from which to do it.”

These are growing revenue to underpin sustained business growth; driving operating leverage through better cost efficiency and productivity; rationalising its portfolio; repaying debt while optimising cash flow; as well as returning value to shareholders.

Mr Mok summarised this as Sats’ 3Rs: repay loans, re-invest in capital expenditure and resume dividends. On that last point, the group declared a final dividend of 1.5 cents per share for the full year to March 31.

Not a call to buy or sell!

https://sporeshare.blogspot.com/2024/07/sats-agm-11am-today-at-grand-copthorne.html

Pls dyodd.

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  • hh488
    ·07-20
    TOP
    Ha. I went to $SIA Engineering(S59.SI)$ AGM ystd & they gave small bento box good for light meal. Yes surprise that Sats gave no makan. But at least got the Twist voucher isn't it?
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    • SporeshareReplying tohh488
      yeah! so, you are present! He asked so many questions.
      07-20
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    • hh488Replying toSporeshare
      Maybe could it be Manu? He was the first one asking qn about holding meeting at diff place etc. Then after that didn't saw him. But then, Mr Manu was there not for the food.
      07-20
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    • Sporeshare
      one guy quickly came over from sia engineering AGM to SATS AGM and was disappointed no food provided. 
      07-20
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  • icycrystal
    ·07-21
    TOP
    thanks for sharing
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    • icycrystalReplying toSporeshare
      [Like] [Like] [Like]
      07-22
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    • Sporeshare
      you are welcome! good Turning around story plus mgmt committed to achieve their Target of ROE 15%. gd time to take a second look
      07-21
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  • YueShan
    ·07-22
    Good⭐️⭐️⭐️
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    • Sporeshare
      is great to know they have finally back to profitable status! Plus declaring dividend which is  definitely a boost of confidence!
      07-22
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  • KSR
    ·07-21
    👍
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  • so budget
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    • Sporeshare
      May be might increased their entertainment budget for next AGM
      07-21
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