Should i hold or sell SATS shares now? Sell off the shares will make it a real loss, but i can use the money to buy other shares, like DBS etc. What do you guys think?

Hold it! There will be recovery, just a matter of time horizon. If you sell it now, you risk the potential gains that will come with the recovery at a later stage. Think long term. Even with the rise of teleconferencing for work purposes, planes are indispensable for the future especially on the tourism side.

Hi anon,

I'd ask myself one thing, will SATS survive this downturn? If I think it will, then why shouldn't I be content to hold on while waiting for the recovery? Or even add on to my positions?

Individual airlines might suffer, but unless teleportation is invented during this COVID outbreak, planes will return to the skies one day (hopefully sooner rather than later). SATS is not dependent on a single airline to survive, so they are somewhat diversified there.

I have same shares so let me give my point of view. I have SATS shares myself and speaking from my own action - I bought more shares to get the benefit of dollar cost averaging. How about DBS? Well, I do have shares and it was only 13.40 when i bought that. Current price is still at 18.86 as of 23 april 2020 so for myself, i won't be buying any DBS shares.

I believe u probably have around 25% loss.... if i were u, i will hold....

unless you identify a super good stocks that has potential to grow...of course i will encourage u to sell and buy....until then i suggest hold...