$SATS (S58.SG)$ as usual, poor decision making. why would th...
$SATS(S58.SG$ as usual, poor decision making. why would the PE sell at par when they purchase WFS in 2018. we are heading into a recession and on the path of deglobalization...
also I suspect significant debt levels for WFS...
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ym-HO : believed there group of predictors/analysts/feng shui master behind encouraging this decision.
StanChartsOP ym-HO: /Facepalm I wouldn't be surprised at all...
jkak : whoever buying today is got scam. Tomorrow will dips even more!
StanChartsOP : lol 1.67b of debt at 7-8% interest
https://www.theedgesingapore.com/capital/brokers-calls/analysts-mixed-satss-proposed-wfs-acquisition-uob-kay-hian-downgrades-call
Small bull jkak: The big investors already money stucked and can't trade. They also lower risk. But the ones who got eaten are the public investors. Big fish eat small fish. Lots of ppl thought scoop big time but ended try are eaten alive.