SATS

TA wise, it has bounce-off nicely after touching the lower Trend Line and close well at 4.67, looks rather bullish! RSI has also showing sign of a bullish divergence, likely to continue to trend higher.

 Short term wise, with Dow overnight close positively + 150 points, it may likely head higher towards 4.80 then 4.85. Breaking out of 4.85 with good volume that may drive the price higher towards 5.00.

 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.