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$SATS (S58.SG)$ really shit!!!

$SATS(S58.SG)$ really shit!!!
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  • Small bull : the problem is will next quarter loss again? tourism outlook looks worsen and Europe plunges into recession.

  • Makav : just hold. the company is recovering.

  • kopi kia : it will be a loss for sure. increasing cost and reduce demand. fuel had increased at least 25% this quarter

  • CiaoBella SG kopi kia : SATS is catered for flights at cargo terminal as well, not only for passengers. Same like its newly acquired hub in Europe, focusing on services for cargo terminal. As long as flights are carrying cargo, based on the current trend, the flight frequencies had increased and movement for air cargo had been picking up.

    Fuel price increased, how big / small effect it has on the company has to be taken into consideration, doesn't mean fuel increased, SATS will lose money.

    They have aircraft petrol tanks in Changi Cargo Complex. If fuel increased, doesn't it mean more profits on their petrol to Aircrafts?

    Disclaimer:
    My point of view for investing in this company only. Not to be taken as an advice for investing.

  • kopi kia : how to make profit when you are the one burning the fuel?

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