looks like sats gg boom time charlie, after xd up 17cts, out info can push to at least 4.50 or not. Any comments here?
1QFY16 underlying net profit of $47.1m (+8.5% y/y) came in-line. Revenue fell 4.2% to $416.9m due to 1) soft underlying performance from Japanese subsidiary TFK Corporation, 2) weaker JPY, 3) divestment of Urangan Fisheries in Jul &rsquo 14 and 4) loss of revenue from SATS BRF Food (SBRF) after the transfer to a JV. EBIT margin improved 1.4ppt to 10.6% on productivity improvement and cost control initiatives. Bottom line excludes a one-off gain of $2.5m from SBRF.
SATS serves fewer flights and passengers in 1Q due to loss of Jetstar Asia account
July 20, 2015 : 7:51 PM
SATS, the ground-handling and in-flight catering service provider, says unit services, flights handled and passengers handled for the first quarter ended June declined year-on-year due mainly to the loss of Jetstar Asia account in October 2014.
Unit services handled saw a 4.2% drop to 27,100 unit from 28,300 units in the corresponding period a year ago.
Flights handled fell 9.1% to 30,150 units from 33,170 units while passengers handled fell 6.1% to 10.04 million from 10.69 million.
Unit meals produced increased 2.5% to 5.24 million units while gross meals produced rose 2.8% to 6.65 units.
   
  Cargo and mail processed inched up 0.4% to 390,100 tonnes from 388,3990 tonnes.
SATS closed 5 cent lower at $ 3.63 today.
 
u also can ride to la la land if you believe it will trend higher. Like they say .. RIDE WITH THE TREND~   :)   I bought sub 3, endured the 3.10 - 3.20 period and then sold all at 3.38 only to see it go higher. :(  
What is happening? Why is this going up and up? Seems like that is some big buying going on. Hitting new highs! Ride the wave till CD?
Engulfing pattern spotted + Mers. Sats might retract...maybe can wait to load back.
DJ adds 150 pts tonight. tmr can take more money. :)
Yalor...I just wait for opportunity.
KiLrOy ( Date: 10-Jun-2015 21:46) Posted:
|
At least the money is on our pocket. :)
Heero78 ( Date: 10-Jun-2015 21:40) Posted:
|
So am I. Sold at 3.34 now stun
Simply amazing~   Can only stare in awe LoL~
I have ZERO SATS shares now.
The final push may be coming. :)
bo steam liao... damn my emotion start to play with me.   mebbie its not emotion, its punter' s gut feel. :p
i' d love to see it hit the same high on 4 OCT 2013. :)
Benjamin_29 ( Date: 15-May-2015 22:45) Posted:
|
Company had buyback shares previously. So there will be lesser shares in the market. Very easy to cheong
Benjamin_29 ( Date: 15-May-2015 22:45) Posted:
|
High chance to form new high above 3.525 in coming months
 
Finally .... but i did sold some today lah~
4QFY15 results above. Net profit gained 21.1% to $51.6m taking FY15 net profit to $195.7m (+8.5%), with earnings boosted by lower cost of raw materials (-8.5%), depreciation charges (-9.4%) and other costs (-16.5%) and share of profits from associates/joint venture (+32.3%). Revenue for the quarter fell 2.2% to $425.1m, with food solutions (-5.8%) and gateway services (+3.5%). Final DPS of 9¢ declared, bringing FY15 DPS to 14¢ (FY14: 13¢ ). NAV/share of $1.30. 
Never seems to be able to surge past this thick cloud of 3.20 resistance since 2013.   May drop some soon and pick it up again @ sub 3.00 ~