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i thought it's a very serious offence to such things in Singapore.
i.e. to manipulate the shares by artificially inflate or deflate the price.
The buyer who is also the seller does it. So in short, its fake
$2.48 +12%
178investors, thanks for sharing the information.
blastoff,
my limited knowledge its support around 2.1
good luck.
Why is this counter still going down when other counters are already moving up????
Anyone with TA charts can tell me what's the support level for this stock?
If the target price remains at $3.59, current price look very attractive...
Singapore Airport Terminal Services (Nov 1: $2.93) TP: $3.59
MAINTAIN BUY. SATS registered 2QFY2008 net profit of $49 million, down 7% y-o-y but up 1% q-o-q. The core business in Singapore performed in line with our expectations but profit contribution from overseas joint ventures was lower than expected. Although SATS' earnings remain unexciting, we continue to like it as a cheaper, scarce and less risky investment in the strong Asian air traffic growth, particularly with the current volatile fuel prices. Valuations are at a 40 % discount to peers. Interim DPS is four cents (45% payout ratio) but higher/special dividends are likely, given SATS' strong cash flow and low maintenance capital expenditure in the next two to three years. Cash levels have risen to $590 million, or 55 cents a share, as at end-September, amounting to 18 % of current market cap. Target price of $3.59. - Citigroup Research (Oct 31)
MAINTAIN BUY. SATS registered 2QFY2008 net profit of $49 million, down 7% y-o-y but up 1% q-o-q. The core business in Singapore performed in line with our expectations but profit contribution from overseas joint ventures was lower than expected. Although SATS' earnings remain unexciting, we continue to like it as a cheaper, scarce and less risky investment in the strong Asian air traffic growth, particularly with the current volatile fuel prices. Valuations are at a 40 % discount to peers. Interim DPS is four cents (45% payout ratio) but higher/special dividends are likely, given SATS' strong cash flow and low maintenance capital expenditure in the next two to three years. Cash levels have risen to $590 million, or 55 cents a share, as at end-September, amounting to 18 % of current market cap. Target price of $3.59. - Citigroup Research (Oct 31)
Ok will hold until 3.5.
I dont think I will selling anytime soon. Mine is sub 3 - Sept 2005 price. For me I am happy to let it test 3.50 again. :)
KilrOy, What would be a good price to sell this counter?
Before dividend or after dividend?
except for the inflight catering increase in revenue, tis nothing to boast about result huh?
SATS is proposing an interim dividend of 4 cents per share to be paid on 29 November 2007.
http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/3725cdaf7cbe8fc24825738500345035?OpenDocument
TP = 3.48SGD. Possibly a special dividend payout next year.
Based on what facts that you think it may reach $5 ???
Dear Readers,
It is good to buy now, a potential counter the price to go as high as Sgd. 5.00 or above!!!
Potential of price going up if SIA decide to sell SATS
This laggard Temasek counter is now only playing catch up. NOL, ST Engineering, SIA Engineering, SemCorp stable has already moved 10 click and this baby only doing 2.4.
The take away is Terminal 3 which is 1/2 more year to launch!
http://www.changiairport.com.sg/changi/en/index.html?__locale=en