$SATS (S58.SG)$ 100% turn into profit for next q [Cheerlead]...
100% turn into profit for next q ..
( maybe will declare dividend)
Sats sells US military contractor unit, to book net proceeds of US$45.6 million.
Maytag Aircraft, as this unit is called, became part of Sats after the acquisition of Worldwide Flight Services last April
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Larkin :
Stock WatchOP Larkin:
gentle Iguana_2693 : cash flow positive. but sold at sgd12 millions below book value. is not profitable deal on the book. likely sold under pressure from us government, they likely want SATS has zero PRC staff. chop it off, no choice.
Stock WatchOP gentle Iguana_2693: no choice....at least is a profitable sale
Rainbow8 : I thought is a positive news but not reflected on share price?
Stock WatchOP Rainbow8: 2 more months ba