(Stocks Discussion) SGX: SATS Ltd (SGX: S58)?

I haven't looked into it totally, but just a preliminary check - SATS is a monopoly in their business, it reminds me of Vicom. They provide food cathering services for airlines/planes in Singapore. They have a healthy pipeline, and with the opening of T5, it would only serve as a positive reinforcement to their business. ROE of 15% and dividends of 4% with low debt, it checks of the marks of their fundamentals.

It's actually one of the better businesses in Singapore! Would definitely look to invest and research more of it!

$5 seems like the psychological barrier for SATS. I'll probably enter some position when it falls below that. T5 seems like a good reason to accelerate their share price

Good company to look at with strong orders/contracts. They owned 80% of Changi Aiport catering business and services in Asia.

Outperforming ROE of 14% compared to the industry average of 8.6%.

Very little debt of 0.055 debt to equity ratio

Very good segment. They provide online food catering to airplanes stationed in Changi Airport, it is not just SIA who it serves but a multitude of airlines who have onboard meal and flying off from Singapore.

The company has two other business segments which are of impressive business moat and have dam good cashflow:

i) It is one of the two SAF food cookhouse supplier. It earns a lot of revenue from supplying cookhouse food to Singapore MINDEF and does not need to pay rent for its venue

ii) It is the terminal operator to Marina Bay Cruise Centre in Singapore which operates the docking of curises in Singapore. It is the largest and there are 3-4 cruise calls on average to MBCCS. Similar operating concept to Changi Airport allowing planes to dock at Changi