Too slow $2.8 v1
$SATS(S58.SG$ waitied too long to increase… what value do i get if i still hold on to SATS?
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102474088 : Nothing, no dividends suck
Lin Lau Peh 102474088: you are right. short term not gonna be very profitable.
Small bull 102474088: wrong on "nothing", it is actually will "lose more money". history taught us this same conditions happened. when rights issue is announced, it will plunge down hard for days then continue down for weeks. after rights issue closed, it will continue down for few days. Then it will stay there for months to nearly a year before climbing up again. If u bought very high, just sell off because u will never get back that huge lost
Small bull Lin Lau Peh: long term like 1 year also not profitable. After it plunged, it can't climb back to this number again in many years
Small bull : Looks like after so long no news and delays, stubborn SATS management may use any ways to get shareholders approval. I suspect many gimmicks and advertisements are on the way.
Let's face it, we are in a recession and still plunging down hard, more to come. SATS still want to swallow a 1/3 to 1/2 size company that has been sold many times in short years. Is this really 1/3 price or has some hidden agenda because news released that they are the same size as SATS.
Only management get advantages from salary , director fees, bonuses, allowances and other huge benefits increased from bigger expansion. But shareholders lost huge!
Lin Lau Peh Small bull: anything below 5 years to me is short term
Small bull Lin Lau Peh: haha, life is short. coming to 1 year is long months to wait. Another year's financial report is long too wait. Anything can happen, like economy can plunge down. I won't invest 5 years because it's not lucrative gain. This is suitable for people who no time to care or follow up on their investment.
Small bull : Example look at SMM and SIA, u never gain back from that big lost. 5 years investment still won't.
OxidixsOP : Drop again….
afarty : hopefully shareholders reject it
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