SATS Ltd *Official* (SGX: S58)

Perisher

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SATS drop so much, all my green green counter went to support it liao... no gain today.
 

OngHuatHuat

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SATS drop so much, all my green green counter went to support it liao... no gain today.

52wk Range: 3.33 - 4.49

Not say drop a lot, coz there was a huge rise on friday.
Most people don't lose money if they don't chase up.

When will it be 3.33 again?
 

Perisher

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52wk Range: 3.33 - 4.49

Not say drop a lot, coz there was a huge rise on friday.
Most people don't lose money if they don't chase up.

When will it be 3.33 again?

I didn't chase but it did drop a lot, though as you put it, the rise more than compensate the drop.
I doubt it will go below $4 anymore.
 

Genosis

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Seems like the price has overshot the pace of earnings growth by quite abit......

Will be expecting some short-term weakness on the price......but the usual CD might provide some support......:D

I agree with Perisher.....$4 should hold for now

It is paramount that they win some contracts from Changi T4 and T5 to maintain such lofty valuations...
 

OngHuatHuat

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I didn't chase but it did drop a lot, though as you put it, the rise more than compensate the drop.
I doubt it will go below $4 anymore.

Patiently waiting for June rate hike to kick in. Tomorrow and wednesday FED officers will speak
 

marvel.avengers.ultron

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It seems to me that people perceived as a growth stock, so when its revenue falls, some people start selling. I guess market will soon price in that the current valuation of SATS is relatively expensive as compared to the maket expectation of its growth potential of its revenue.

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