SATS AGM - 11am today(19th July 2024) at Grand Copthorne Waterfront, dont forget!
No food provided, lousy! The mgmt is not thoughtful! Give us twist voucher $15. Many voices out to them SATS doing food businesses yet didn't serve shareholders with food during AGM, very embarrassing!I Think Next year they may include.
Ceo said they are looking at the 1+1 integration to get a 3 instead of 2. Top 20% customers can provide potential enormous growth. WFS achieve productivity of saving costs of about 2-3%. Generate cash flow of 260m in 4q 2023 this may help to reduce the repayment of loan. Assets light, mainly on leases. Generating healthy cash flows for both Food and WFS.
Debt to equity 1.63x versus 0.5x previously. Want to know their difficulties in achieving RoE 15%.1 year integration (Food and gateways )is not easy. Getting to know the ppl beside acquiring the infrastructure. Cherish their staff to grow with the company. He is flexible to receive call in the wee hours....