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SIA
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SIA revived
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investor999
Elite |
28-Jul-2020 07:37
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If my suspicion is right, Banks need to account to its clients portfolio by end of month.
If they have been using clients shares to sell down, they need to buy back.
Then we may Witness a rally this three days ie 28 to 30 July
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investor999
Elite |
28-Jul-2020 07:17
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Banks are just holders of people's monies. So Banks have alot of monies that don't belong to them.
Bank fund manager trade for the Banks, indirectly trading people's monies. Not their monies.
There had been so many incidences of Rogue traders losing millions for the Banks and losing depositors monies.
GET IT!!
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TA_Expert
Supreme |
28-Jul-2020 01:35
Yells: "The World has changed" |
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The government dare not retrench aviation sector staff because they are worried that they may not get enough manpower should a vaccine is found within 3-6 months time when the covid started in March.  Friends working in Changi told me that they only worked short hours daily since not many flights but without any pay cut as the government is paying the salaries. They will begin to worry till end of Dec if a vaccine is still not found since the government is supporting them till end of the year. Unless a 5th budget is announced, retrenchment may really start in Dec if the virus is still lingering around. |
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incirent
Senior |
27-Jul-2020 23:57
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FAA announced yesterday that all older model 737 which are stored more than 2 weeks face the possibility of Air Check Valve failure which means both engines will stop functioning while flying. Is this bad news for SIA? | ||||
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AlanJpe
Member |
27-Jul-2020 23:09
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Almost all airlines in the world are cutting staffs and pay. Not doing so is very irresponsible to share holders. Sell! Buy back @3.
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honesty
Master |
27-Jul-2020 22:54
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with 28k employees as of end march today' s yahoo news, time to furlough 80% with 80% salaries cut for mgmt staff. knowing huge losses to continue many more months to come, this is the right step, otherwise time to sell it away. Election is over, do what is right to share the grief of shareholders!   |
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hotelgrand
Master |
27-Jul-2020 22:27
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well said..cut loss and invest in medical.stock still hve fighting chance..
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Lailai888
Member |
27-Jul-2020 21:36
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Not to dampen the mood here but the fact is SIA is based out of Changi Airport as its hub airport and we all know that Changi Airport is an international airport with NO DOMESTIC flights.  Unlike airlines in other countries where there is still a fighitng chance with their strong domestic market (i.e. United Airlines, SAVE Airlines, Azul Airlines), but even than these airlines are still struggling to survive.  SIA is fighting a losing battle. Air travel won' t resume anytime soon and by the time air travel does resume, I believe SIA would have called on another round of rights issuance.  For those vested, I salute your bravery but I do not see any light at the end of the tunnel. |
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Trader130
Supreme |
27-Jul-2020 21:35
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Haha thanks for sharing .. I will take a look on their F-status 
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Trader130
Supreme |
27-Jul-2020 21:33
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U will be rich in future 
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JerryMaple
Veteran |
27-Jul-2020 21:32
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Ascendas reits,Mapletree industrial trust,Keppel DC reit should be the top performers at the time being.
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Trader130
Supreme |
27-Jul-2020 21:26
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Mayb u just name me a good stock which is not affected by covid ? Good stock mean good income statement , Balance sheet and cash flow .. just name me one will do 
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Trader130
Supreme |
27-Jul-2020 21:22
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U sure 0 revenues ? World class Airlines woh😂 😂 😂 The rest of other Airlines also suffer 0 revenues ... Aiya pity 
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JerryMaple
Veteran |
27-Jul-2020 19:37
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The way you talk like richer than the banks. Move on and stop crying over spilled milk.. It's very bad now else the bank don't even need to offload.. Face the fact dude.. There are so many good stocks out there but you choose to be stubborn buying a zero revenue stock..
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vicloo
Supreme |
27-Jul-2020 18:55
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Only drop 0.01 dollars... Is nothing lol
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SAVIORFOREVER
Supreme |
27-Jul-2020 18:50
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You're delusional and dangerous. Go get help before you start talking to yourself.
Trade with a psychiatrist and DYODD
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investor999
Elite |
27-Jul-2020 17:50
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These traders from the Banks work together to destroy share value by shorting it down persistently, while at the same time, they put out propaganda how bad SIA is and brokers sang along, teaching clients to short SIA. These trading shares are only < 0.5% of the shares of the company. It is only the investors who were misled and lost money. Investors already said they are buying for the long term and do not mind riding the storm.   Even when the share reaches so low at 3.60, they keep telling people don' t buy SIA. What kind of logic is this?  
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investor999
Elite |
27-Jul-2020 17:17
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Closing was UBS again.
Banks kept selling.
After attending the AGM, I realised these are the bad factions of the sharesholders who rejected everything from appt of CEO, issue shares and share buybacks.
As the majority support were mostly > 99%..ie these rogue traders only made up less than 1%, i am confident they will get rid of themselves soon.
Most shareholders are supporting SIA.
It is not possible to bring the counter down to 3.50
I say the most is in the sub 3.60 ranges.
As I said earlier, I will continue to average down as long as these rogue traders are selling down.
I will only stop when I see a clear sign the counter is rising
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investor999
Elite |
27-Jul-2020 16:58
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I thought I had done my job by Friday..Then noticed Morgan Stanley and Credit Suiss still selling.
Decided SIA still need some support.
Bought another 30000 shares ( ie 300 lots) today.
Hope this is good enough to support.
I am really very tired
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reliever
Senior |
27-Jul-2020 16:30
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Another Right' s issue comming? | ||||
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