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SIA
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Oldman278
Senior |
16-May-2020 17:27
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Fully agreed with UIOP1223..
Are you sure we are not offering solution? Our feedback is already a good start to any solution only if the highly paid clowns have any empathy or brain, but too bad, only the hindsight. And worst of, keep defending their action. If you think we Did not give any solution, sorry to say, you are just like the clowns. Life too sweet for you, isn?t it? Must be spoon fed uh? Take this covid situation, singapore being small and with good infrastructure, yet? First no need mask, then is an offence not wearing one. Isn?t this a great joke? Next, they put up a talk show saying that the virus is ?smart? Just to defend all their boos boos.. In China, the day when the virus erupted, the governor and team was replaced immediately! But ours? No problem, all is well.. Singaporean very easy to pacify.. give a bit of money sure no problem.. HELLO... by using ?give? is already wrong! It is our money.. they should be saying ? it is time we ?return? some of your money That we safe guard for u ? to tide over this period!!! Anyway, i can go on a huge list here, but then, why waste time with u, obviously U r of the same feather..
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famouspinky
Supreme |
16-May-2020 17:25
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At $10 per piece, sure is. Over a few months become 1/3.
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famouspinky
Supreme |
16-May-2020 17:24
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Very dishonest people https://www.straitstimes.com/singapore/courts-crime/former-accountant-allegedly-pocketed-40m-6-other-cases-here-involving | ||||
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famouspinky
Supreme |
16-May-2020 17:22
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All cannot talk. Must Yes Sir www.asiaone.com/singapore/stop-yelping-spoilt-kid-ho-ching-tells-singaporeans-upset-over-new-fairprice-service-fee%3famp
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investshare
Supreme |
16-May-2020 17:02
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That is exactly how sia manes get into oil hedging, try to impress to justify the high pay.
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AhLiang
Elite |
16-May-2020 16:54
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This proves the belief that long term investment is a good strategy is a myth. Without insiders information, one can be caught anytime by surprise and become a loser. I believe many SIA investors are long-term investors.
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Win2607
Member |
16-May-2020 16:49
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Ok thanks for the advise. Yes I short at 3.80...becos I am noob. I also lost all 22 trades in Bitcoin, I long, the price crashed, I short the price shot up. I really no luck in Trading. haizzzzz
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Win2607
Member |
16-May-2020 16:39
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ok, thanks for the advise.
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SinglePore
Member |
16-May-2020 16:37
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Shareholders are the ATM machine for public-listed companies to get free cash in times of trouble. The process is called Right Issue. It is free cash and no interest need to pay. Probably CFO' s now are very busy in figuring out how much they need to withdraw from this ATM. This is like " daylight robbery" but it is legal. If you don' t want to give, the threat is share dilution and paper lost.
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uiop1223
Supreme |
16-May-2020 16:34
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Well.. who endorsed the million dollar salaries to our ministers in the first place? Are they doing a fantastic job?
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uiop1223
Supreme |
16-May-2020 16:27
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Well, solution is to short SIA. Those who short with me since Feb till now are making money. I also said close shorts before XR. Short after XR. So in what way am i not contributing?
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xxadidasxx
Veteran |
16-May-2020 16:07
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Next week should have strong buy as short seller need to cover maybe break 4 | ||||
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newbieliu
Elite |
16-May-2020 16:04
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LOL my stand is people will NOT pay you millions if you cannot make it. This is reality and we lead a commercial life that those not worthy will be removed as turnover is always high when it comes to investment related company. Hence, I believe their math should be much better than me and they will have done their due diligence to keep their diamond rich bowl. Else this rice bowl will be passed to someone who is more deserving. When business face issues, we try all sorts of means to keep it afloat. It has a lot of social responsibility and repercussions beyond just profits per se. Well I respect your view on the propaganda. Everywhere is the same and they could only be worse (most of them).
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newbieliu
Elite |
16-May-2020 15:58
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Personally I feel that if you are long term investors then you can keep it for 1-2 years . Caveat you need to make your own judgement call as this is still a blue chip with some risks. If you did not put in a money say 5-10k, i see no harm to keep it till you earn your desired profits? If you sell now, which I assume it is at a loss, you defnitely will lose the money. However cutting loss is an art everyone has to learn. Some dont feel comfortable if the loss balloons more than 10% so they will cut decively. As someone who has learnt it the hard way, you need to see if you are willing to take the risk if the loss is bigger than 10% BUT below 20% ( and the amount involved). IF you earn 5k a month , and you only put in 10k in this investment, I see no harm keeping it PERSONALLY.
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uiop1223
Supreme |
16-May-2020 15:31
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What happened is that SIA mtgm got greedy and hedge (bet) that oil prices will go up for next 5yrs. Past hedging was at most 2 yrs. Its a unique singapore problem. Govt link companies are helmed by paper scholars who dont have the business acumen. Govt is taking active role in business which is not their forte but these bunch of clowns think they are good.
Any of u work in ES? Do u know how much money are cheated by foreign companies from ES?
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stanleytay
Master |
16-May-2020 15:28
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Ya.. you didnt say what price to short. But you keep saying u will keep shorting thou even when the price was 3.8.
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uiop1223
Supreme |
16-May-2020 15:18
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A lot of pple long here. I dont see anyone short? No one ask about what price to short.. why i bother to say?
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Oldman278
Senior |
16-May-2020 14:27
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SIA maybe just tip of the iceberg, there are more worrying things to unfold..
Our Jewel and casinos, hotels, malls , etc.. in my opinion, more to come... FollowEd by property and reits... You all can guess which counters will take the brunt liao.. Left with those forsaken Brick and mortar industries to boost the stock markets.. My 2cts worth |
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Joelton
Supreme |
16-May-2020 12:24
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SIA plans 12% cut in capital spending this financial yearSYDNEY &bull Singapore Airlines (SIA) will cut capital spending this financial year by at least 12 per cent compared with its previous plan, with the final reduction to be determined by talks with planemakers over delivery delays, its chief financial officer said yesterday. The new forecast of $5.3 billion or less by the end of the year ending March 31 next year compares with a $6 billion figure outlined last November before the coronavirus pandemic destroyed demand and led the airline to ground most of its fleet. " Any agreements we may reach with Airbus and Boeing in the coming weeks and months are not reflected here," SIA chief financial officer Stephen Barnes said of the new estimate at a briefing for the media and analysts. SIA on Thursday evening reported its first-ever annual loss, of $212 million, citing poor fuel hedging bets and the collapse in demand driven by the coronavirus pandemic, saying the timing of any recovery was uncertain. Regional rivals Cathay Pacific Airways and Qantas Airways are among global carriers looking to push back the delivery of new aircraft as they grapple with the plunge in demand. Mr Barnes said SIA does not expect to fly at its pre-pandemic capacity for at least 12 to 18 months. It plans to retire its Boeing 777-200ERs earlier than expected and will not renew its eight Airbus SE A330 leases, which will expire in the next 12 to 14 months, he said. Mr Brendan Sobie, an independent analyst in Singapore, said it would be difficult for SIA to make significant changes to its current-year deliveries, but that as the planemakers slowed production, some could be pushed into next year. " I expect a bigger impact in the following fiscal years, with more significant deferrals in terms of number of aircraft and number of years," Mr Sobie said. " This is in line with what we are seeing in the industry generally." SIA and regional arm SilkAir have cut 96 per cent of passenger capacity until the end of next month, and low-cost arm Scoot has cut 98 per cent. The company said its cargo capacity had suffered less, dropping 60 per cent, because it was maximising the use of its dedicated freighter fleet, using empty passenger jets to carry cargo and doing ad hoc charter flights. Air freight rates have risen sharply as airlines have cut back on passenger capacity in normal times, around 50 per cent of air cargo is carried in the belly of passenger planes. https://www.straitstimes.com/business/companies-markets/sia-plans-12-cut-in-capital-spending-this-financial-year |
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AhLiang
Elite |
16-May-2020 12:18
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I only monitor a few counters ie SIA, DBS, Genting, GAR and every counter I see bloodshed. This is a bear market. It is best to avoid. Ignore those who bla bla bla about Ah Kong or those who ask you to follow them. No one should lead or mislead or follow anyone anyway. Stay safe!
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