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See how BB trying to press down the SIA price despite record quarterly performance ...
1. Analysts keep their ' reduce' and ' sell' calls on SIA despite record quarterly performance
2. 过去七天卖空最多的五只本地股票是新加坡航空（ SIA），共卖空 1亿 2545万股 .....
3. 上周机构投资者净卖出 SIA 40.57M

https://www.zaobao.com.sg/finance/singapore/story20231114-1450036
Agreed with bro Panda8....
why bother of price moving up or down, BB will push up the price after CD.
Looking toward year end dividend + special dividend.
DYODD

Joelton ( Date: 13-Nov-2023 07:53) Posted:

Analysts keep their ' reduce' and ' sell' calls on SIA despite record quarterly performance

Analysts are more negative on Singapore Airlines C6L 0.16% (SIA) following the group&rsquo s record-breaking 1HFY2024 ended Sept 30 results.

On Nov 7, SIA announced that its 1HFY2024 net profit came in at $1.44 billion, a 55.5% improvement y-o-y, spurred by robust demand for air travel through the Northern-summer travel season and a rebound in passenger traffic to North Asia.

Following the promising set of results, CGS-CIMB Research and PhilipCapital have kept their &ldquo reduce&rdquo calls while Citi Research has kept its &ldquo sell&rdquo call. CGS-CIMB has lowered its target price to $5.47 from $5.66 previously, PhilipCapital has lowered its target price to $5.45 from $6.80 and Citi has maintained its target price at $6.54.

In his Nov 8 report, CGS-CIMB&rsquo s Raymond Yap noted that the group&rsquo s 2QFY2024 core net profit of $684 million was in line with the analyst&rsquo s forecast of $600 million to $650 million.

He writes: &ldquo The 2QFY2024 earnings before interest (ebit) of $799 million was 5.9% higher than 1QFY2024&rsquo s $755 million, but we believe that after stripping out foreign exchange (forex) gains, the 2QFY2024 ebit may actually be lower than the immediately-preceding 1QFY2024.&rdquo

The analyst adds that SIA group&rsquo s individual airlines&rsquo operating metrics appear to suggest as such.

He points to SIA&rsquo s core ebit excluding ancillary items and forex effects, which fell 18% q-o-q to $500 million in 2QFY2024, while Scoot&rsquo s core ebit fell 24% q-o-q to $9 million. The group&rsquo s cargo core ebit also fell 97% to $2 million.

&ldquo All were affected by the rise in jet fuel prices compared with 1QFY2024, but the cargo business was also impacted by the 9% q-o-q drop in revenue per available seat kilometre capacity (RASK) due to excess global airfreight capacity, while Scoot saw its RASK fall 3% q-o-q as it expanded into less-lucrative routes. Only SIA managed to eke out a 0.5% q-o-q rise in its RASK during 2QFY2024, but this was a major deceleration compared with the 9% q-o-q jump during 2QFY2023,&rdquo notes Yap.

He adds that SIA group&rsquo s revenue passenger kilometre (RPK) demand growth also slowed, showing less than 5% q-o-q growth in 2QFY2024 as compared to its 16% q-o-q growth in 2QFY2023.

Similarly, Scoot showed a lacklustre 8% q-o-q growth in 2QFY2024 as compared to 55% q-o-q growth in 2QFY2024.

Yap writes: &ldquo Passenger load factor (PLF) at SIA and Scoot remained very high y-o-y, but declined between 30 basis points (bps) to 70 bps q-o-q.&rdquo

The analyst anticipates potential PLF and &ldquo yield pressure&rdquo for the SIA group in calendar year (CY) 2024, as its competitors gradually catch up in terms of their capacity restoration.

&ldquo SIA had a first-mover advantage throughout CY2022 and into CY2023, which successfully captured the explosion of revenge travel, but the dividends to SIA group are dwindling as revenge travel abates and cost of living pressures impact discretionary travel demand at the margin,&rdquo notes Yap.

He adds that these &ldquo trends&rdquo could eventually curb SIA group&rsquo s yields and its ability to pass on higher fuel costs.

Spot jet fuel prices averaged US$92 ($125) a barrel (bbl) in April to June, US$110/ bbl in July to September, eventually reaching US$114/ bbl since Oct 1.

Yap notes that if oil prices stay high, it could put pressure on SIA&rsquo s cost per available seat capacity (ASK) in 2HFY2024 and FY2025.

He adds: &ldquo None of the above pressure points will derail SIA&rsquo s strong FY2024, in our view, as its 1HFY2024 core net profit already exceeded 1HFY2023 by 66%, sp we expect SIA to deliver core net profit of $1.9 billion in FY2024, which is virtually the same as FY2023.&rdquo

The analyst also expects an FY2024 dividend per share (DPS) of 35 cents, which is almost the same as FY2023&rsquo s 38 cents.

&ldquo However, stock prices look ahead and we see somewhat overcast skies for SIA, beginning from 2HFY2024,&rdquo concludes Yap.

Potential de-rating catalysts by the analyst include cost inflation, slowing demand growth, and rising competition, while upside risks include the potential for SIA to outperform assumptions for yield, PLF and other revenue metrics as passenger demand likely remains strong until the Lunar New Year.

Meanwhile, PhilipCapital analyst Peggy Mak writes that SIA group&rsquo s cargo remains a &ldquo weak spot&rdquo , to which she attributes to weaker global trade flows and larger capacity added from the return of passenger flights.

She adds that cargo yield has fallen 46.2% to 41.8 cents per load. &ldquo This is, however, still higher than the pre-Covid amount of about 31 cents,&rdquo writes Mak.

On the group&rsquo s outlook, the analyst observes that heightened competition from restoring capacity mainly from north Asian airlines and a fading off of leisure travel will put pressure on the SIA group&rsquo s yields, while jet fuel prices trend higher along with higher crude oil prices.

&ldquo We expect capital expenditure (capex) spending to rise in 2HFY2024 to meet its target of $2.3 billion for FY2024 (1HFY2024: $648 million). It would also incur a cash outlay of $5.1 billion in FY2024 for the redemption of mandatory convertible bonds (MCB)s and $600 million for convertible loans. This would lower interest income in 2HFY2024,&rdquo notes Mak.

Lastly, Citi analysts Kaseedit Choonawat, Amy Han and Eric Lau understand that key upside risks for the SIA group include a potential for ticket price reacceleration against the industry&rsquo s capacity recovery, although anecdotal evidence has been rare.

Other upside risks include a price decline in fuel and improvements in the European geopolitical situation leading to lower inflation pressure and the further fall out of Asean competitors, Air India turning significantly profitable where SIA takes on greater stakes beyond 25% of merged entity and lastly, the market willing to reduce the risk-premium of SIA group as its stock incrementally becomes a more direct proxy of Singapore tourism.

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UBS said it expected SIA to redeem the remaining 2021 MCBs before the maturity date of June 8, 2030,
citing improving operating cash flows as air travel demand recovers.
The early redemption of the bonds points to the management' s rising confidence in the sustainability of the ongoing recovery in passenger demand.
SIA has a strong balance sheet with $13.5 billion in cash/bank as at 30/9/23, and hence can fund redemption of balance of the Mandatory Convertible Bonds (MCBs) easily through existing cash.
After fully redeem the bonds, hopefully SIA would
share the profits with shareholders by paying out handsome dividend.

Sin_Cos_Tan ( Date: 07-Nov-2023 18:11) Posted:

STRONG DEMAND OVER SUMMER PEAK SEASON DRIVES RECORD HALF-YEAR RESULTS FOR THE SIA GROUP

Record load factors support highest-ever half-year operating and net profits
Growing competition, macroeconomic uncertainties, and inflationary cost pressures pose challenges to the airline industry going forward
Interim dividend of 10 cents per share to be paid on 22 December 2023

https://links.sgx.com/FileOpen/nr-q2fy2324.ashx?App=Announcement& FileID=777208

Redemption in June 2023 of half of the Mandatory Convertible Bonds (MCBs) that were issued in June 2021, which amounted to $3.4 billion.

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SIA Group
Analyst/Media Briefing
1H FY23/24 Results
(Ended 30 September 2023)
https://links.sgx.com/FileOpen/slide-q2fy2324.ashx?App=Announcement& FileID=777325

Group Financial Results
Key Takeaways
1H FY2023/24
Highest ever half-year operating profit of $1,553.8 million, up 25.9% YoY
 Passenger revenue rose $1,570.5 million on the back of a strong summer peak
 Cargo revenue fell $1,038.9 million as demand for air freight continued to soften
 Lower fuel prices YoY resulted in a decrease in net fuel cost despite higher volumes uplifted
Record half-year net profit of $1,441.1 million, up 55.5% YoY
 Better operating profit (+$319.4 million), net interest income vs net finance charges last year (+$221.9 million), share of profits
vs losses of associated companies last year (+$86.6 million) and partially offset by higher tax expenses (-$117.9 million)
Growing competition, macroeconomic uncertainties, and inflationary cost pressures pose challenges to the airline
industry going forward
Interim dividend of 10 cents per share to be paid on 22 December 2023

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STRONG DEMAND OVER SUMMER PEAK SEASON DRIVES RECORD HALF-YEAR RESULTS FOR THE SIA GROUP

Record load factors support highest-ever half-year operating and net profits
Growing competition, macroeconomic uncertainties, and inflationary cost pressures pose challenges to the airline industry going forward
Interim dividend of 10 cents per share to be paid on 22 December 2023

https://links.sgx.com/FileOpen/nr-q2fy2324.ashx?App=Announcement& FileID=777208

Redemption in June 2023 of half of the Mandatory Convertible Bonds (MCBs) that were issued in June 2021, which amounted to $3.4 billion.

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Alert Admin
aragosta claimed that if I' m not Adrianinsing, and he' ll disappear from here forever.....
Dear Admin, please fulfill his wish and ban /delete him/her from Sharejunction so that he/she will disappear from here forever.
Admin can verify that I' m not Adrianinsing.
More important 。。。 so that he/she cannot suka suka come to any forum to Kacau , disturb or annoy , make false accusation and cursing people.
Thanks.

+++++++++++

SembCorp Industries

aragosta

Elite

01-Nov-2023 10:35 aragosta About Contact Quote this Post!

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Alert Admin Why need to ask Admin to remove my post? Too afraid or too shameful of the truth?

Dont talk much la..... just swear you are not Adrianinsing, and I' ll disappear from here forever........

in any case, many bros already know who you are, and what you always up to..... only gong kias respond to you......

Sin_Cos_Tan ( Date: 01-Nov-2023 09:43) Posted:

I don' t have to follow your instructions and fall into your trap.

正气之人說話算数。人在做天在看。。。

You, aragosta 心术不正的 " 不是人 " = gostan ,披著羊皮的狼 & many more....

have to swallow and receive all your curse words from your jinxing mouth x number of false accusations.

让上天来惩罚你这种 " 不是人 " ...

加倍奉还 with interest

The more false accusations you add , the more punishments you will get!

aragosta ( Date: 31-Oct-2023 23:53) Posted:

--- Post Removed by User ---

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Singapore Airlines Limited (" SIA" ) will be announcing its half-year financial results for
the year ending 31 March 2024 on Tuesday, 7 November 2023, after trading hours.

Sin_Cos_Tan ( Date: 17-Oct-2023 09:38) Posted:

SIA reports 24.8% y-o-y growth in passenger traffic in September operating results update

https://www.theedgesingapore.com/news/aviation-engineering/sia-reports-248-y-o-y-growth-passenger-traffic-september-operating-results

Sin_Cos_Tan ( Date: 05-Oct-2023 09:18) Posted:

7 November 2023
Announcement of FY2023/24 Second Quarter and
Half Year Results and proposed dividend.

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Singapore DBS Q3 profit beats view, sees steady earnings next year
Summary

Q3 net profit S$2.63 bln vs S$2.5 bln estimate
2024 net profit to be maintained around record 2023 level - CEO
DBS took allowances for exposures to suspected money laundering case
Net interest margin at 2.19% in Q3 versus 1.90% a year ago
Sets dividend of 48 Singapore cents a share for Q3

https://www.reuters.com/business/finance/singapores-bank-dbs-third-quarter-net-profit-rises-18-on-year-2023-11-05/

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Description	Announced Date	Ex Date	Payment Date	Amount (cents)1
2023
3Q interim dividend	6-Nov-23	14-Nov-23	27-Nov-23	48 one-tier

Fast hand fast leg!

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评股论经：星展集团

https://www.zaobao.com.sg/finance/singapore/story20231102-1447462
DYODD

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GLOBAL MARKETS-Stocks jump as Fed leaves rates steady....

https://sg.finance.yahoo.com/news/global-markets-stocks-jump-fed-205315250.html

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你应该直接跟那个始做俑者說 ...
叫他乖乖記得吃药，不要再鬧了 , 夠了 !

Startsmm ( Date: 01-Nov-2023 10:12) Posted:

你不累吗？不要再鬧了，夠多了

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aragosta= gostan ,披著羊皮的狼 & many more...
不是心术不正 , 就是。。。
有妄想症从山洞跑出来忘了吃药！

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I don' t have to follow your instructions and fall into your trap.
正气之人說話算数。人在做天在看。。。
You, aragosta 心术不正的 " 不是人 " = gostan ,披著羊皮的狼 & many more....
have to swallow and receive all your curse words from your jinxing mouth x number of false accusations.
让上天来惩罚你这种 " 不是人 " ...
加倍奉还 with interest
The more false accusations you add , the more punishments you will get!

x 0

If Sin_Cos-Tan NOT = to Adrianninsing....and
KAMAL0883 NOT my boy friend
you, aragosta= gostan ,披著羊皮的狼 & many more, have to swallow all your curse words from your jinxing mouth.
加倍奉还 with interest
FULL STOP.

aragosta ( Date: 29-Oct-2023 15:26) Posted:

If I never delete a post that asked people to buy when SCI was high, then like your boy friend KAMALAN0883, you and your entire family will be cursed for life......my posts are in support of those on long term, unlike you sicko who has been talking down the stock from day one, because you have missed the many many rounds of the cheongs....... and unable to benefit from the run of this stock....

There are people here who would talk down a stock once he has exited (or not vested ) or tried to talk up a stock when he bought, for which your notorious nick Adrianninsing (now banned) was well-known for..... but you are actually the worse snake of all..... who else would have his own clone post a comment, and then get another of his clone to reply to it? This type of deception or deceit is the most evil a sicko would constantly do.....

==========================================================================

披著羊皮的狼 (her words, not mine)

S_C_T = Adrianninsing = Redbean = Bullrun = zenith = Chinese tea = mostlybullish = Jexxelivermoore = leopard + 10 other names

This is really hilarious.... wolf OWNSELF post, OWNSELF used another clone to reply ....Go to DBS, SIA, SingTel, Best World, Keppel, Seatrium threads etc and see for yourself..... you cant make this up!...Hilarious
in PSLE English, we call it a wolf trying to pull wool over gong kias' eyes.... this type of action is worse than personal attack.....
Haha, really laugh die me! Rotfl

Sin_Cos_Tan ( Date: 23-Oct-2023 09:35) Posted:

Ya lor, the culprit is the 披著羊皮的狼 =go s tan (name likes his behavior - always like to remove his posts) & many more....

When price were so high and still asked people to jeep, not likely that his/her brain jeep water, most likely he/she quietly short/sell the share at high price.
pumped and dumped doing monkey business.

He/she asked you to show the proof.... of course you can' t .....He/she already removed the posts. Beware of those who always remove posts!

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Yes, Birds of a feather flock together.

pkli899 ( Date: 31-Oct-2023 13:52) Posted:

I not bother. In fact, if got $ will buy more.
6 Nov will know whether stay at 48c or revise up again?
End of Nov take $$.....hehe.

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Cos. gostan really a crow mouth.

investshare ( Date: 31-Oct-2023 12:09) Posted:

Why happen? Why so weak?

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有这种始做俑者披著羊皮的狼 =gostan的存在，唯恐天下不乱。
到处惹是生非！
始做俑者就是这只披著羊皮的狼 =gostan=many more...
所說的就是它自己！
它自己诚認卖了某股就靜靜跑路不要回来讲 ...pump and dump and run (repeat again and again)。。。我揭穿它的 monkey business行为 ...
不久它就删除该帖子
gostan 一定是 brain jeep water or eat shit as Sin_Cos_Tan NOT= Adrianninsing & many more...

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始做俑者就是这只披著羊皮的狼 =gostan=many more...
所說的就是它自己！咀咒别人的话全部它自己收。
它自己诚認卖了某股就靜靜跑路不要讲 ...pump and dump and run (repeat again and again)。。。我揭穿它的 monkey business行为 ...
不久它就删除该帖子
有这种始做俑者披著羊皮的狼 =gostan的存在，唯恐天下不乱。
gostan 一定是 brain jeep water or eat shit as Sin_Cos_Tan NOT= Adrianninsing ...

aragosta ( Date: 29-Oct-2023 15:26) Posted:

If I never delete a post that asked people to buy when SCI was high, then like your boy friend KAMALAN0883, you and your entire family will be cursed for life......my posts are in support of those on long term, unlike you sicko who has been talking down the stock from day one, because you have missed the many many rounds of the cheongs....... and unable to benefit from the run of this stock....

There are people here who would talk down a stock once he has exited (or not vested ) or tried to talk up a stock when he bought, for which your notorious nick Adrianninsing (now banned) was well-known for..... but you are actually the worse snake of all..... who else would have his own clone post a comment, and then get another of his clone to reply to it? This type of deception or deceit is the most evil a sicko would constantly do.....

==========================================================================

披著羊皮的狼 (her words, not mine)

S_C_T = Adrianninsing = Redbean = Bullrun = zenith = Chinese tea = mostlybullish = Jexxelivermoore = leopard + 10 other names

This is really hilarious.... wolf OWNSELF post, OWNSELF used another clone to reply ....Go to DBS, SIA, SingTel, Best World, Keppel, Seatrium threads etc and see for yourself..... you cant make this up!...Hilarious
in PSLE English, we call it a wolf trying to pull wool over gong kias' eyes.... this type of action is worse than personal attack.....
Haha, really laugh die me! Rotfl

Sin_Cos_Tan ( Date: 23-Oct-2023 09:35) Posted:

Ya lor, the culprit is the 披著羊皮的狼 =go s tan (name likes his behavior - always like to remove his posts) & many more....

When price were so high and still asked people to jeep, not likely that his/her brain jeep water, most likely he/she quietly short/sell the share at high price.
pumped and dumped doing monkey business.

He/she asked you to show the proof.... of course you can' t .....He/she already removed the posts. Beware of those who always remove posts!

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DBS Event Calendar

6 Nov 2023 Third-quarter 2023 results

Dividend last qtr : $ 0.48

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Didn' t notice that this Gostan =披著羊皮的狼 = many more....

从山洞跑出來， anyhow gostan。。。 until BuayJinChu。。。 suka suka jeep DBS , SIA, Keppel house.
Haha....Catch you red-handed! ....Trespasser will be prosecuted!
见一次追赶一次，踢他屁股一次。揭他真面目一次！

SIA reports 24.8% y-o-y growth in passenger traffic in September operating results update

评 股 论 经 ： 星 展 集 团

GLOBAL MARKETS-Stocks jump as Fed leaves rates steady....

评股论经：星展集团