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SIA
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Oldman278
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12-May-2020 12:03
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The highly paid clowns till date still do not want to educate the residents of Singapore how to handle the Covids properly..
Really wish them the best to lift the CB.. sure follow by recurrence and new clusters.. And will not end until the covids decide to call it quit... Can you imagine the clowns put up a program saying the covid is ?smart?? It is not that covid is smart, it is the clowns are stupid! |
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famouspinky
Supreme |
12-May-2020 11:33
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Fate will be same as NOL
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cheongweevictor
Supreme |
12-May-2020 11:33
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really they hedge oil so high,,, really siao lang..., do u really need to hedge oil??
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Stockerman
Member |
12-May-2020 11:31
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When in the hands of incompetent mgt, blue becomes run of the mill stk..
Hard Truth.. |
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cheongweevictor
Supreme |
12-May-2020 11:30
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what to do,,covid19 causes lot of hard ship to fellow sporean,,, lot of people are suffering liaos, that is why govt in a hurry to lift circuit breaker,,8000 businesses go bust,,  those got family will suffer more,,,luckily i bachelor,, ownself eat ,,ownself dies alone..
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halleluyah
Supreme |
12-May-2020 11:26
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now it has become a casino chip which is fr trading only...NOT a blue chip anymore...i believe it gonna go under 4 lollar.... | ||||
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Oldman278
Senior |
12-May-2020 11:23
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Well , thank you..
In my humble opinion, it is better not to touch anything related to the Gs/T.. They will have to find ways to ?get? money and fill the other holes.. all related anyway.. Dyodd...
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uiop1223
Supreme |
12-May-2020 11:22
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Can short SIA and make money.
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cheongweevictor
Supreme |
12-May-2020 11:17
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think back u talk logically,, i think i better vest in st eng.... left the SIA girl to dies,,,  
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NT1825
Master |
12-May-2020 11:17
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today I learnt something. The planes are not part of their assets....Thanks
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Oldman278
Senior |
12-May-2020 11:16
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Better save the economic class stewadess.. later u save one from the first class then u cry.. LOL
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cheongweevictor
Supreme |
12-May-2020 11:14
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not lah i bluff u lah,, i no singpaorean lah,,but i dont think  airline can dies so easily so want to profit  a bit,,  i dont want the plane lah,,,i only save the SIA girl,,, can let Ah LIang have the airplane,,I take the girl...LOL ( joking)
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Oldman278
Senior |
12-May-2020 11:14
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This is how intellectuals confuse ppl..
For no brainer.. move to medical lo... very fair value and high potential... Imagine airline 4 dollars with losses insight against medical penny with potential high revenues... I don?t understand why ppl still want to study the airline counters...
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cheongweevictor
Supreme |
12-May-2020 11:10
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walau,,, so long,, like studying for Phd like this.. investment shd be make easy,, so what u think is the right time to buy at the right price..
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Oldman278
Senior |
12-May-2020 11:09
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So sorry, u ask the wrong person.. my trading style is different . In my opinion SIA is not a fair playing counter.. therefore I really could not give any fair value to it as it is not fair for all...
As mentioned in my earlier posts, if I want my money to work for me, I will not invest... it Is worth nothing unless all the planes are fully paid ... If ppl Has too much to burn and want to invest because of patriotism, then any price also can... Dyodd My humble 2 cts worth
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NT1825
Master |
12-May-2020 11:09
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For me it has to be 4.12 or below Why - cos before xD the equvalent price was about there. Tmr will be very interesting.....
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Joelton
Supreme |
12-May-2020 11:08
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Singapore shares drift up, confusion over SIA value More Info> > > MON, MAY 11, 2020 - 6:18 PM SINGAPORE shares kicked off the week on a higher note on Monday, mirroring gains on Wall Street as countries prepare to reopen their economies gradually amid the Covid-19 pandemic. The Straits Times Index (STI) opened at 2,597.85 and closed at 2,611.31, up 19.43 points or 0.75 per cent. Trade was relatively quiet, with 1.42 billion securities worth S$1.20 billion changing hands. Brokers said they were bombarded with queries from clients still confused over the intrinsic value of the mandatory convertible bonds (MCBs) that Singapore Airlines (SIA) had also issued together with its rights issue. &ldquo There is still a lot of confusion after Friday&rsquo s wild swings,&rsquo &rsquo said one broker. Another said given the uncertainty facing airlines, most of his clients are waiting to sell their rights come Wednesday. SIA raised S$8.8 billion by issuing rights, and raised another S$3.5 billion via a 10-year MCB issue on the basis of 295 rights MCBs for every 100 existing shares owned. Priced at S$1 each, the bonds do not bear a coupon. If SIA does not redeem the 10-year MCBs before maturity, they may be converted into shares based on a conversion price of S$4.84. Last Wednesday, Societe Generale (SocGen), issuer of daily leverage certificates on SIA, announced that the theoretical ex-rights price of SIA shares based on the previous close would be adjusted to S$3.71, instead of S$4.16 as many had assumed.   Jingyi Pan, IG&rsquo s market strategist, warned the next couple of weeks would be crucial in the assessment of the sustained Covid-19 impact. &ldquo As global economies continue in efforts to ramp up economic activities once again, two biggest near-term risks perhaps persist in the form of Covid-19 case resurgence and further US-China tensions,&rsquo &rsquo she said. https://www.businesstimes.com.sg/stocks/singapore-shares-drift-up-confusion-over-sia-value |
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cheongweevictor
Supreme |
12-May-2020 10:59
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i still hv not buy,, what px u think is a fair value for SIA,, can share.
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Oldman278
Senior |
12-May-2020 10:56
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Dont forget the loss on oil hedges...it seems substantial...
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NT1825
Master |
12-May-2020 10:51
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buffet say      sell if airline.... looks like no support at 4.40, dropped alr I will check again at 4pm |
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