Latest Forum Topics /
SIA
Last:6.97
-0.08
|
|
|
SIA
|
|||||
|
AhLiang
Elite |
15-May-2020 20:06
|
||||
|
x 0
x 0 Alert Admin |
Expert you are making too much assumptions. Unless you are sitting in Temasek and attend their meeting chaired by Mdm Ho, please don't make this kind of assumption because people are putting in real money in this.
|
||||
| Useful To Me Not Useful To Me | |||||
|
AhLiang
Elite |
15-May-2020 20:01
|
||||
|
x 0
x 0 Alert Admin |
You must see the rights as potatoes. If you are already holding them and if you want to eat them, you have to pay $3 for each of them. If you don't want to pay, Ah Kong will eat them. Mother shares can now drop to 0.001 or rise to $10 it is not important. The two have already detached from one another. But when the new shares come in, there will only be one price.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ConstantLearning
Member |
15-May-2020 19:58
|
||||
|
x 0
x 0 Alert Admin |
what happens if delist? the shares held how?
|
||||
| Useful To Me Not Useful To Me | |||||
|
ninervictor
Senior |
15-May-2020 19:37
|
||||
|
x 1
x 0 Alert Admin |
based on my internal knowledge, there is not support from temasek in market as of now...  the long shot could be to privatize and delist SIA after they increase their majority shareholdings, saving the carrier is one thing, saving the shareholders is another... |
||||
| Useful To Me Not Useful To Me | |||||
|
uiop1223
Supreme |
15-May-2020 19:30
|
||||
|
x 0
x 0 Alert Admin |
If temasek wants to support now, disclosure in SGX is necessary. So if i dont see any disclosures by temesak, that means no support by temasek from now till next week.
So dont create fake theories like secret companies and so on. |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
nngeeh
Veteran |
15-May-2020 19:21
|
||||
|
x 1
x 0 Alert Admin |
From the price movement yesterday and today. $3.7 seems to be the bottom. Wont need Temasek to subscribe the unsubscribed rights ..... but i doubt any many shareholders will dare to subscribe the MCB .... Temasek will most likely have to fork out $$$ for MCB.
|
||||
| Useful To Me Not Useful To Me | |||||
|
TA_Expert
Supreme |
15-May-2020 19:15
Yells: "The World has changed" |
||||
|
x 1
x 0 Alert Admin |
There could be reasons why Temasek want to support the price even though she guarantees the full subscription. Imagine the share price keeps falling from $4 all the way to $3 before Thursday, what does it show? A lost of confidence? No existing shareholders will take up the rights. By having a floor, say $3.70 before Thursday, it will entice existing shareholders to take up the rights.  Secondly, it is a face thingy. After Thursday, the news come out that the rights subsciption is super under subscribed. It is damaging to Temasek and the govt reputation. On the contrary, If the subscription is overwhelming subscribed, you will see headlines appearing in media stating that investors show confidence to SIA and aviation sector, etc. Singapore govt will be pround of SIngaporeans to show support. From the way it looks, the price won' t crash until Jun.  
|
||||
| Useful To Me Not Useful To Me | |||||
|
newbieliu
Elite |
15-May-2020 19:11
|
||||
|
x 0
x 0 Alert Admin |
If the right shares drop to zero, that mean the mother shares value will follow suit as right shares allow u to purchase the mother shares at a discount ( for those who are given for free) and mother shares price has been discounted.  Of course for those who dont have any SIA shares we dont feel any pain if the right shares price drop to zero - but these right shares is part of the original values of the mother shares that has been diluted lol. Else why are u seeing the mother share drop from 6.50 to 3.90 today . Remember 6.50 is a huge drop from 9 dollars after knowing the impact of hedging loss and covid 19 impacts. 
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
newbieliu
Elite |
15-May-2020 19:05
|
||||
|
x 0
x 0 Alert Admin |
It failed because it failed to build the confidence of all its investors that the company will live throughthis crisis and TH has to come in to pay up all the right shares and then extra investment for it.  TH is a huge name in SG and if investors have faith in it , TH wont have to come in to support it financially. it is a huge stress on TH' own investment portfolio too if i(SIA)continues to perform badly due to TH increased exposure to aviation sector. Besides, TH has pledged to take up all bond and any unsuscribed right shares, imagine its stake in SIA will increase to an extent that it will have to take it private if no one (or huge number of people do not) wanna suscribe the right shares or bond. it will take up 15 billion of investment from TH if it fails and TH has to swallow it by itself.  Meanwhile, DBS nominees already own 11% of it. and it is not difficult for it support it by purchasing it too if they want lol. Hence it is too huge to fall and it is very sia suay if there is so many support yet no one buys the story lol  
|
||||
| Useful To Me Not Useful To Me | |||||
|
AhLiang
Elite |
15-May-2020 19:01
|
||||
|
x 0
x 0 Alert Admin |
Why $4 has to be supported? Even if the rights drop to 0.001, the holders either have to pay $3 at the ATM or let it expire and Ah Kong will pick it up and pay the $3. This has nothing to do with the mother shares
|
||||
| Useful To Me Not Useful To Me | |||||
|
uiop1223
Supreme |
15-May-2020 19:01
|
||||
|
x 0
x 0 Alert Admin |
Exactly! I see alot of noobs here
|
||||
| Useful To Me Not Useful To Me | |||||
|
uiop1223
Supreme |
15-May-2020 18:58
|
||||
|
x 0
x 0 Alert Admin |
Why will temasek do this? Lol. Go through such a complex way in order to convince u guys to subscribe? Also, note that disclosure need to be make for direct AND deem interests which will include all companies direct or indirect owned by temasek. So u guys telling me temesak is violating SGX rules? What secret companies are u talking? Lol.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
nngeeh
Veteran |
15-May-2020 18:56
|
||||
|
x 0
x 0 Alert Admin |
As is fully underwritten by Temasek, even if the price fall below $3, Temasek will be fully subscribe their entitlement + and any other rights that are not taken up by shareholders. Why will it fail ?
|
||||
| Useful To Me Not Useful To Me | |||||
|
nngeeh
Veteran |
15-May-2020 18:49
|
||||
|
x 0
x 0 Alert Admin |
Temasek owns more than 50% ... and my understanding is that they will need to make announcement even if it is their indirect investment that is increasing the shareholding. Unless Temasek owns less than 5% (direct or indirectly), they will not need to make announcement.
|
||||
| Useful To Me Not Useful To Me | |||||
|
newbieliu
Elite |
15-May-2020 18:45
|
||||
|
x 0
x 0 Alert Admin |
u right provide the mother shares go back below 3.70  and that will fail the fund raising lol and it will not happen as they need the money from investors lol 
|
||||
| Useful To Me Not Useful To Me | |||||
|
newbieliu
Elite |
15-May-2020 18:42
|
||||
|
x 0
x 0 Alert Admin |
We already mentioned that they have many investment companies that they can utlise to support it secretly if they want . As long as they dont exceed 5% , there is no need to make any announcement LOL.  And, they will not let this be paid by them through official announcement hence mother shares and right shares willbe supported .  Look at the shortists attack today. You should know that they are no match to the amount of bullets they shoot through the snipers (investment companies under their subsidiaries) . Hence despite the known fact that they have made a huge loss in hedging and miraculous loss in one quarter, we already foresee next quarter wont look good. One of the forummer also mentioned that hedging for 5 years, there are 2 sides of the coins. Hopefully the oil will go backto 40-50 dollars by next quarter then we could see the loss is salvaged lol.  Nonetheless, I am vested a little la. worst is use some cash to convert to mother shares lol
|
||||
| Useful To Me Not Useful To Me | |||||
|
newbieliu
Elite |
15-May-2020 18:36
|
||||
|
x 0
x 0 Alert Admin |
the truth is they will use the money to support this hence if the TH pay for any unsuscribed right and pay additional 3 (4 sgd in total). It is a good news to the investors LOL. Hence, there is no doubt that they will try to ensure the right shares is fully suscribed and OTHERs pay that $3 and not them so that it wont look bad on them too since the reputation of backing of TH is marred if it is NOT fully suscribed lol
|
||||
| Useful To Me Not Useful To Me | |||||
|
lighter87
Master |
15-May-2020 18:36
|
||||
|
x 0
x 0 Alert Admin |
After the extra shares are introduced into the market, don't think ah Kong will care about the price anymore. No more invisible hand
|
||||
| Useful To Me Not Useful To Me | |||||
|
nngeeh
Veteran |
15-May-2020 18:36
|
||||
|
x 0
x 0 Alert Admin |
I agreed. It' s fully underwritten by Temasek. The rights will be fully taken up regardless of the pricing.  Since they will be subscribing all, there is no point for them to come in at this price to support. And if they do, we' ll definitely see that in the announcement but we have not seen any so far and i doubt we' ll see it in the next few days.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Oldman278
Senior |
15-May-2020 18:32
|
||||
|
x 0
x 0 Alert Admin |
TH use our money!!! Knn
|
||||
| Useful To Me Not Useful To Me | |||||

