ShareJunction - Member Posts

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I am betting it will hit 3.60

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I challenge you to Short

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Buy 3.53 on contra

investor999 ( Date: 16-Oct-2020 13:51) Posted:

The evidence the price is not forgotten is that 3.53 is a strong buy. Any sell below that is picked up. Investors will not forget how much the shares were originally paid. Only traders wipe clean the table and start again. While I wipe clean my table and start trading contra, I keep in mind how much those shares were originally paid. This is important as the rise will be rapid

investor999 ( Date: 16-Oct-2020 11:00) Posted:

I don't think the price is forgotten

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The evidence the price is not forgotten is that 3.53 is a strong buy. Any sell below that is picked up. Investors will not forget how much the shares were originally paid. Only traders wipe clean the table and start again. While I wipe clean my table and start trading contra, I keep in mind how much those shares were originally paid. This is important as the rise will be rapid

investor999 ( Date: 16-Oct-2020 11:00) Posted:

I don't think the price is forgotten

St.Maximus ( Date: 16-Oct-2020 10:07) Posted:

Simple my brother investor999,

The market now prices SIA below its TERP (that was valid months ago) because it has rejected that old TERP as the accurate current pricing and model for pricing SIA now.

So, yes, in the past, the market did take into consideration the TERP when pricing SIA and helping investors to determine a good entry point into SIA, it is no longer so and thus the TERP should now be rejected and forgotten completely.

What remains is the future direction of this airline and its current capital structure to support its future development. As far as we can see, there has been sufficient capital recently from the rights issue and TH and Govt. support. So SIA continues to fly, buy planes and open restaurant from the money raised which has not gone to zero. The money raised has been deployed to working capital purposes and capital expenditure (5 billion a year). Money burns fast in SIA!

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Then ?

SAVIORFOREVER ( Date: 16-Oct-2020 10:59) Posted:

You're funny. Contra sure make?

Trade with caution no contra no short and DYODD

investor999 ( Date: 16-Oct-2020 10:56) Posted:

Yes you are right..That is why I did not buy..But I contra to make kopi money

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I don't think the price is forgotten

St.Maximus ( Date: 16-Oct-2020 10:07) Posted:

Simple my brother investor999,

The market now prices SIA below its TERP (that was valid months ago) because it has rejected that old TERP as the accurate current pricing and model for pricing SIA now.

So, yes, in the past, the market did take into consideration the TERP when pricing SIA and helping investors to determine a good entry point into SIA, it is no longer so and thus the TERP should now be rejected and forgotten completely.

What remains is the future direction of this airline and its current capital structure to support its future development. As far as we can see, there has been sufficient capital recently from the rights issue and TH and Govt. support. So SIA continues to fly, buy planes and open restaurant from the money raised which has not gone to zero. The money raised has been deployed to working capital purposes and capital expenditure (5 billion a year). Money burns fast in SIA!

investor999 ( Date: 16-Oct-2020 09:52) Posted:

I don't know how price is worked out. But I can't figure out how the market can price SIA below ex right price. It is as if all the rights paid have gone to zero. That means market is pricing a cash call. But even if SIA exercise the next MCB, market has to account to its shareholders. So every scenario still means market is short of share

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Yesterday bought 3.46 Today maybe

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Yes you are right..That is why I did not buy..But I contra to make kopi money

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I don't know how price is worked out. But I can't figure out how the market can price SIA below ex right price. It is as if all the rights paid have gone to zero. That means market is pricing a cash call. But even if SIA exercise the next MCB, market has to account to its shareholders. So every scenario still means market is short of shares

St.Maximus ( Date: 16-Oct-2020 09:43) Posted:

The TERP is only a rough guide of the share price at one point in time. We saw what happened to SMM. I do not say SIA is gonna be like that. But the market owes us nothing. It is not like a bank or a Govt. at all. It is the cruellest invention since the dawn of ' capitalism' . So open our eyes and protect ourselves with stops and limit loss planning.

ffff152100ffff ( Date: 16-Oct-2020 09:37) Posted:

You wait long long, they only want to eat only..

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I am buying at 3.46..probably won't get. But get also good

St.Maximus ( Date: 16-Oct-2020 09:32) Posted:

Ahh today, SIA is taking off a little as can be seen from the screen, investor999, you had a part in the buying today to sell at 3.60 target? If you did, you can set your stops at 3.48 or 5 cents below your buy price.

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Yes sure

St.Maximus ( Date: 16-Oct-2020 09:39) Posted:

Investor999, if you want to short-sell SIA stock, set stop loss at 3.60 and target 3.40.

St.Maximus ( Date: 16-Oct-2020 09:32) Posted:

Ahh today, SIA is taking off a little as can be seen from the screen, investor999, you had a part in the buying today to sell at 3.60 target? If you did, you can set your stops at 3.48 or 5 cents below your buy price.

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The share is now priced below the ex right price.. The market owes its shareholders.

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Who have the shares to keep rolling up and down and the price remain the same? So what do you think ?

investor999 ( Date: 15-Oct-2020 14:46) Posted:

Your bankers

Thiamm ( Date: 15-Oct-2020 14:39) Posted:

Again your BS! which bankers you are talking about?

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No brainer

SuperLuckyCorn ( Date: 15-Oct-2020 15:03) Posted:

Indirectly related. That' s also why LKY spent so much effort protecting SIA.
Once SIA down, that will signify one step closer to collapse or may trigger avanlanche collapse.

Thiamm ( Date: 15-Oct-2020 14:37) Posted:

SG economy will be gone cos SIA?? Are you sure?? SG needs open economy, in this case via Changi airport. Changi airport and SIA not same.

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Your bankers

Thiamm ( Date: 15-Oct-2020 14:39) Posted:

Again your BS! which bankers you are talking about??

investor999 ( Date: 15-Oct-2020 13:57) Posted:

I am just a player and you should not worry about me. You have to worry about the bankers. In this case there are a few bankers who are trying to outwit you. Stay safe. Nevertheless the fact remains that SIA is already reversing. It is very volatil

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I am just a player and you should not worry about me. You have to worry about the bankers. In this case there are a few bankers who are trying to outwit you. Stay safe. Nevertheless the fact remains that SIA is already reversing. It is very volatile

vicloo ( Date: 15-Oct-2020 12:03) Posted:

Investor999 is also buying under 35 and selling around 36 never hold long too. He is just hoping this range continue to repeat so he can make kopi money... if not up n down how to make money 😁

St.Maximus ( Date: 15-Oct-2020 11:17) Posted:

Law of Demand and supply suggests that there is more supply of SIA shares than there is demand for it right now.
But why below 3.50?
Perhaps buyers are really waiting for SIA to collapse below 3.00 to 2.00 in order to snap up, and this is only the first small step.
I know Investor999 will disagree.
But what market will listen to investor999 or indeed, any of us?

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Usually when short sellers force the price down too hard, the price will rebound

St.Maximus ( Date: 14-Oct-2020 15:50) Posted:

Besides those who want to buy at $2, no one wants to buy SIA shares from TH except, perhaps, some die-hard short sellers.

uiop1223 ( Date: 14-Oct-2020 15:46) Posted:

Yes pls. I want to cover at $2 🥳

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Ya lo. These market makers suka suka up or down Boring 😴

St.Maximus ( Date: 14-Oct-2020 14:44) Posted:

No buyers except themselves

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Today don't know why shortists sell down for no reasons. Kenna eaten up then cry

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If results bad, SIA will issue profit warning like the last quarter. So you just have to wait

uiop1223 ( Date: 13-Oct-2020 13:41) Posted:

All are eagerly waiting the next results release.

1) how much fuel hedges lost
2) how much in total the retrenchment costs
3) how much cash left?

Another record will set next qtr? Record losses?

SPH been transparent in disclosing the retrenchment costs but SIA till now, no news. Too generous that cannot disclose? Like someone salary?