To The Moon

$SATS LTD.(S58.SI)$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]