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SIA
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john_ric
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31-Jul-2018 11:24
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below 10 now. how low will sia go. 9.01? |
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andyteoch
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31-Jul-2018 10:17
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Yesterday. | ||||
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Forestwood
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31-Jul-2018 10:14
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When is the last day to buy to get dividends? | ||||
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sgng123
Supreme |
30-Jul-2018 13:27
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Stock too unpredictable best to stay out. | ||||
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Quennie
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30-Jul-2018 12:41
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Is it good time to CFD short today as tomorrow is XD. | ||||
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sgng123
Supreme |
30-Jul-2018 11:46
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Don trade on sia u die more than u can count. No big oversea investors cover it, it all temasek driving out weak players.
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sgng123
Supreme |
30-Jul-2018 11:42
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Anyway chill it, stock price most likely go to 9.80+ range on xd but slowing recover. If sharebuyback occur after NDP, it would move back to 0.95x book value @11.20. I just don like the new accounting practisr as it separate the hedge gain/loss from operating profit, however it still be accounted for if u look deeper into accounting report. We just don get the big headline net profit any more due to changes. Horrible for trading but good for long term investing as sia most likely goon share buyback spree to spend the hedge loot | ||||
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trader25yr
Master |
30-Jul-2018 11:42
Yells: "I hate con man" |
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OK lah ... those love SIA can buy cheap next week likely at $9.XX Nobody see it good this week ... never play play with force sell ... ... And buy also dont buy big ... last time I own few lots only every time see SIA plane in smoke, collision, crew kana drug, e.t.c. have to jump up ... if kana MH??? how??? Last time got malaysians put 33% in their airline kana, so they throw in another 33% thinking where got so unlucky but kana again, finally throw in all remaining 33% but another malaysian airline kana they also kana again ... all died |
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sgng123
Supreme |
30-Jul-2018 11:29
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Oil go to 100 and yes sia operating profit would die but it hedge gain would be huge. SIA booked cheapo oil hedge around 50+ to 60+ till 2022. The fair value on cash hedge would shoot over the roof if oil go up every quarter when oil future expire and sia book it bet gain lol. Too bad according to new accouting practise it might not go into profit. This is watcing a big pile of cash but cannot touch it due to new accounting practise, explain why sia bother with renewing share buyback plan. It gona behave like us companies, buying back own share to boost finance performance
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sgng123
Supreme |
30-Jul-2018 11:23
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Share buyback may be on the way to stabilise stock due to new accounting practise. Since sia delicated 2 full pages on how they gona fund it on last friday agm and approved. Maximum 5% of total shares and 2.5% on 2018 profit, 2.5% on capital, total is around 600 to 700 mil depending on purchased price. If implemented fully market would run dry of sia stock to buy or sell due to high entry price on investors earlier back. Currently there is zero investors, it just fund managers playing around with few mil stock to keep listing trading req. So chill and don get scared to sell. Patience is key, if too painful just don look at screen go do something else | ||||
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trader25yr
Master |
30-Jul-2018 11:16
Yells: "I hate con man" |
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No ... due to under investment in oil exploration, oil is expected to go up to hit US$100 in years ahead Now in this cheap oil SIA no profit, oil at US$100 sure die ... That' s why SembMarine report loss but price still hold on now ... if not SembMarine should drop more than SIA since higher debt bigger loss poorer shape .. |
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sgng123
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30-Jul-2018 11:13
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SIA hidding hedge gain and not reported as net profit but account it to it book value with 149mil net profit. Lot of angry investors as dividend payout is based off net profit. 920mil on cash hedge fair value is huge, it could make the net profit go from zero to hero lol. 149m net profit could become 1b profit if they included it instead of hidding it
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sgng123
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30-Jul-2018 11:09
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Checked out the more detail report, there is a huge fair value 920mil on cash hedge which is not reported as net profit but got taxed too, together with net profit 149m both were added to book value. Book value go up from revised 10.88 to 11.79. Currently market punish sia for hiding hedge profit lol. If vested stay cool, it gona be hell this week till heat cool down. The profit drop is not big to warrant selloff, it the uncertainty on hidden profit and new accounting practice | ||||
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trader25yr
Master |
30-Jul-2018 11:02
Yells: "I hate con man" |
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Aiya ... hedging is to keep fuel cost stable lah ... if hedge loss, that mean fuel save more money if hedge gain, that mean fuel spent more money Of cause if SIA " hedge" until hedge loss and fuel also spent more money, then should fire their CFO, CEO, COO, C?? ... |
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Luzern
Supreme |
30-Jul-2018 10:55
Yells: "9" |
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After my 1 hr + searching, I have uncovered some interesting informations. Unfortunately, they are not from the official sites....... so I am taking this with a pinch of salt. 1) over the past 3 years, SIA make total hedging loses of over S$1billions [see I told you guys (if you guys are in this forum  ) in 2015].2) This is more relevant and interesting " 21 May 2018, Asia Pacific &ndash Only time will tell whose fuel hedging strategy is better but consistency is key and this will differentiate Singapore Airlines&rsquo financial results from Cathay Pacific and most of its Asia Pacific airlines peers&rsquo earnings this year. We expect Singapore Airlines&rsquo share price performance to beat Cathay Pacific and the sector if oil prices stay at current levels or rise further. SIA&rsquo s fuel hedges are now US$24/bbl deep in the money while Cathay&rsquo s are still US$2/bbl out of money this year. A TALE OF TWO AIRLINES&rsquo FUEL HEDGING STRATEGY &ndash BOTH SIA AND CATHAY HAVE HEDGED 45% OF THEIR CURRENT FINANCIAL YEAR&rsquo S FUEL CONSUMPTION BUT THE SIMILARITY STOPS HEREYear-to-date, the spot jet fuel and Brent crude oil prices have risen 24% and 27% compared to their average levels in 2017. Chart: Spot jet kerosene and Brent crude oil prices (2013 to 2018) Both Singapore Airlines (SIA:SP) and Cathay Pacific (293:HK) have hedged nearly half of their fuel consumption for the current financial year (45.2% and 45% respectively to be exact), well ahead of the average Asia Pacific airline sector&rsquo s average hedging ratio of only 15% this year, but the similarity stops here. See our previous report for more details on the impact of higher oil prices on the entire Asia Pacific airline sector: Assessing Asia Pacific airline earnings sensitivity to oil price spike At the current fuel price level, Singapore Airlines&rsquo fuel hedges are already deep in the money, a result of its more consistent and pragmatic long-term fuel hedging strategy. Cathay Pacific, on the other hand, will still incur a small fuel hedging loss this year albeit much lesser than its huge losses in the past 3 years as it has been plagued by expensive legacy fuel hedging contracts due to its more haphazard fuel hedging strategy historically. " The question then is....... have SIA booked the fuel hedge gain in its latest report?
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trader25yr
Master |
30-Jul-2018 10:26
Yells: "I hate con man" |
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Dropped -13c now ... like that tomorrow XD 30c dividend sure drop more than 30c ... That should trigger a damn lot of Force Sell for a few days ... ... plus I am sure ana-lysists will all jump out to hit this drowning dog ... dont catch falling knife ... at least for a few days ... |
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Luzern
Supreme |
30-Jul-2018 10:18
Yells: "9" |
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Cannot find any information on their fuel hedging loss (if any). My issue with SIA is their seemingly bad judgement on the direction of fuel price. In 2015, their hedging loss was > $500 millions (for reference) |
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sgng123
Supreme |
28-Jul-2018 13:49
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Let us review sia transformation plan and see what still left to do. Scoot and tigerair merger done. SIA cargo got absorbed back to main parent last year. Silkair gonna be merged into main parent in 2020. Of all SIA subsidies, most had either merged or absorbed back to main, what is left is sia eng. This division cannot be absorbed into parent as it is still listed and no efficiency gai ed as it is non core business. High chane it would either be divested away or value unlocked through share distribution among sia investor. Very similar to SATS, 10 year ago still in SIA group but later value unlocked through share redistribution. Cross finget and be patient | ||||
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sgng123
Supreme |
28-Jul-2018 13:34
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Only nasdao drop big, dow jones only small losses. Don scare urself silly lol, monday it bloody day for venture tech stock etc. U gona see temasek wayang sia stock price as tueday is ex day, totally a untradable stock as no investors on it. Yesterday big drop is just another temasek hat trick to send warning to sia management to buck up or send off. The profit drop is not that big as sia adopt new accounting practice and clean up their previous book. Removing all those side business revenue and focusing on main transport business. Even the big drop in book value after new accounting method is offset by fair value valuation of cash hedge. Lot of under table dealing which sia don want us to know. They can pop out hundred of mil from no where and claimed it to reserve instead of profit to save on dividend payout. One thing they might do next is share buyback since they make it a big deal on last friday gm delicating a few psges on it lol
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trader25yr
Master |
28-Jul-2018 11:53
Yells: "I hate con man" |
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That is the inherit weakness of SIA business ... say you long big ComfortDelgro ... then every week news come out " taxi kana ..." Guess what??? nothing happen ... |
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