SATS

29th Nov 2018

Today it Gap up but close with a doji, seems rather weak and uncertain. Likely to slide down again to retest 4.61. Breaking down of 4.61 would be rather bearish and may likely head lower towards 4.30 and below.

28th Nov 2018

Chart wise, looks rather Bearish!
Yesterday it has broken down the recent low of 4.67 and close lower at 4.66 , coupled with high volume this is rather negative.

The consolation part is that it has managed to bounce off from the lower Trend line at about 4.62.


The crucial level to watch out is 4.60 . Breaking down of 4.60 may see further selling down pressure towards 4.55 with extension to 4.30-4.50.

NAV $1.44
dividend of 18 cents, yield of 3.8%
PE is about 20X.

Not a call to buy or sell.

Pls dyodd.


SATS Ltd., an investment holding company, provides gateway services and food solutions in Singapore, Japan, and internationally. The company operates in three segments: Food Solutions, Gateway Services, and Others. It offers food solutions, such as inflight and institutional catering, chilled and frozen food processing, food distribution, and airline laundry services. The company also provides gateway services, such as airfreight handling, passenger, aviation security, baggage handling, and apron services; operates and manages the Singapore International Cruise Terminal at Marina South; and rents premises. In addition, it offers airport ground handling, airport cargo delivery management, ramp, operations control, abattoir, land logistics, remote catering, and housekeeping and other allied services, as well as technical and management services for agri–food business; and operates as an auctioneer of pigs. The company serves airline, hospitality, healthcare, food, and airfreight and logistics industries, as well as government. The company was formerly known as Singapore Airport Terminal Services Limited and changed its name to SATS Ltd. SATS Ltd. was founded in 1972 and is based in Singapore.