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SAVIORFOREVER Supreme	29-Jul-2020 23:19        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't say you bought most of your shares at the low again. Trade with no bullshit and DYODD investor999      ( Date: 29-Jul-2020 20:11) Posted: I already made it clear right from the begining I WILL KEEP AVERAGING DOWN AS LONG AS THE COUNTER KEEPS DROPPING and only stop if it shows clear sign of reversal
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SQueeze Master	29-Jul-2020 23:16        SQueeze About Contact  Quote this Post!
x 0   x 0  Alert Admin	What? business class travel?  I frequently see them in First Class!  For SIA, business class is very saleable and usually overbooked, so instead of upgrading the paying passengers to First Class, they put their staff in First Class. Very normal. Seat 2A.  Their stewards and stewardesses are working like ants though. Poor thing. They don' t sit business class on off time - only economy.    Goldfinger      ( Date: 29-Jul-2020 20:52) Posted: SIA must cut staff to save the company.  Cannot depend on Government and shareholders to keep subsidising arrogant overpaid staff.  The SIA air crew (pilots and cabin crew) and Management I have come across are usually very arrogant and happy to talk about their free and upgraded business class air travel. JerryMaple      ( Date: 29-Jul-2020 19:28) Posted: They should start your retrenchment.. Employee will start to take things for granted if there are always infinite supports. Other sectors has already started retrenching their staff long ago.. Kinda of irresponsible if they still getting paid big bucks at the expense of the government and shareholders..
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mrwise Supreme	29-Jul-2020 22:52        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	More rights to dilute the shares...that is y below $1 is possible.. Take care... hotelgrand      ( Date: 29-Jul-2020 22:47) Posted: 2024 travel.industry then can revive...how to survive..another rights issue..cash all dried up and in debts heaviky
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Dallan Member	29-Jul-2020 22:51        Dallan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for your affirmation. I know what to do tomorrow. mrwise      ( Date: 29-Jul-2020 22:41) Posted: Tomorrow 99.9% shorters will come in for a big kill! Look at the big losses....Those will dare to buy can buy more.....if u have super big pockets...and lots of money to lose... Dallan      ( Date: 29-Jul-2020 22:09) Posted: Very tempted to short tomorrow but afraid the reported loss has already been priced in. Any advice?
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hotelgrand Master	29-Jul-2020 22:47        hotelgrand About Contact  Quote this Post!
x 0   x 0  Alert Admin	2024 travel.industry then can revive...how to survive..another rights issue..cash all dried up and in debts heaviky
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mrwise Supreme	29-Jul-2020 22:41        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Tomorrow 99.9% shorters will come in for a big kill! Look at the big losses....Those will dare to buy can buy more.....if u have super big pockets...and lots of money to lose... Dallan      ( Date: 29-Jul-2020 22:09) Posted: Very tempted to short tomorrow but afraid the reported loss has already been priced in. Any advice?
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des_khor Supreme	29-Jul-2020 22:10        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is God or Market Fortune Teller in this forum ??"
x 0   x 0  Alert Admin	NS honesty      ( Date: 29-Jul-2020 22:07) Posted: well said, longer furlough and salaries reduction of 80% above 4k and 30% below 4k.CEO and VP should not get a cent for 6 months, with gdp dropping, more severe cuts for civil servants and ministers SQueeze      ( Date: 29-Jul-2020 19:38) Posted: As much as it pains me as I know a few SIA employees, unfortunately this pandemic might have caused a structural damage and transformation to the industry.  The company really needs to do that hard decision to reduce staffing and renumeration just like other airlines and other industries.  And sell and retire planes. Need to downsize and focus on key markets only.  Need to refocus. Either now or it may be too late.
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Dallan Member	29-Jul-2020 22:09        Dallan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very tempted to short tomorrow but afraid the reported loss has already been priced in. Any advice?
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honesty Master	29-Jul-2020 22:07        honesty About Contact  Quote this Post!
x 0   x 0  Alert Admin	well said, longer furlough and salaries reduction of 80% above 4k and 30% below 4k.CEO and VP should not get a cent for 6 months, with gdp dropping, more severe cuts for civil servants and ministers SQueeze      ( Date: 29-Jul-2020 19:38) Posted: As much as it pains me as I know a few SIA employees, unfortunately this pandemic might have caused a structural damage and transformation to the industry.  The company really needs to do that hard decision to reduce staffing and renumeration just like other airlines and other industries.  And sell and retire planes. Need to downsize and focus on key markets only.  Need to refocus. Either now or it may be too late.
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Integrity Elite	29-Jul-2020 21:52        Integrity About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bleeding cash at such a rate!
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JerryMaple Veteran	29-Jul-2020 21:44        JerryMaple About Contact  Quote this Post!
x 0   x 0  Alert Admin	Are you in the right state of mind?Relax abit..Even their management never subcribe the rights,they know way more than you as they are working there and know the situation..Prepare your tank if you are so stubborn.. investor999      ( Date: 29-Jul-2020 20:57) Posted: BEFORE YOU SHORT SELL YOU MUST PREDICT WHO IS GOING TO SELL TO YOU TO COVER YOUR SHORTS. The short seller who shorted Wirecard because somehow the fraud was found out and price plunged. We are talking about major shareholders selling..Not this situation. The charts can be misleading Take care uiop1223      ( Date: 29-Jul-2020 20:27) Posted: Tml u can get them at 3.5 to 3.
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uiop1223 Supreme	29-Jul-2020 21:02        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol. Relax. I know you are losing a lot. I been shorting SIA since Jan and making good money. When u make money, i lose money and vice versa. Good luck 🥳 I also got SIA MCBs for free using profits from shorting SIA investor999      ( Date: 29-Jul-2020 20:57) Posted: BEFORE YOU SHORT SELL YOU MUST PREDICT WHO IS GOING TO SELL TO YOU TO COVER YOUR SHORTS. The short seller who shorted Wirecard because somehow the fraud was found out and price plunged. We are talking about major shareholders selling..Not this situation. The charts can be misleading Take care uiop1223      ( Date: 29-Jul-2020 20:27) Posted: Tml u can get them at 3.5 to 3.
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investor999 Elite	29-Jul-2020 20:57        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	BEFORE YOU SHORT SELL YOU MUST PREDICT WHO IS GOING TO SELL TO YOU TO COVER YOUR SHORTS. The short seller who shorted Wirecard because somehow the fraud was found out and price plunged. We are talking about major shareholders selling..Not this situation. The charts can be misleading Take care uiop1223      ( Date: 29-Jul-2020 20:27) Posted: Tml u can get them at 3.5 to 3.3 investor999      ( Date: 29-Jul-2020 20:07) Posted: yes I am buying and I will buy at 3.5 ot 3.4 or 3.3 over the next few sessions
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Goldfinger Supreme	29-Jul-2020 20:52        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA must cut staff to save the company.  Cannot depend on Government and shareholders to keep subsidising arrogant overpaid staff.  The SIA air crew (pilots and cabin crew) and Management I have come across are usually very arrogant and happy to talk about their free and upgraded business class air travel. JerryMaple      ( Date: 29-Jul-2020 19:28) Posted: They should start your retrenchment.. Employee will start to take things for granted if there are always infinite supports. Other sectors has already started retrenching their staff long ago.. Kinda of irresponsible if they still getting paid big bucks at the expense of the government and shareholders..
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uiop1223 Supreme	29-Jul-2020 20:27        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Tml u can get them at 3.5 to 3.3 investor999      ( Date: 29-Jul-2020 20:07) Posted: yes I am buying and I will buy at 3.5 ot 3.4 or 3.3 over the next few sessions
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mrwise Supreme	29-Jul-2020 20:24        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	looking at current situation...$1 and below is very possible.
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mrwise Supreme	29-Jul-2020 20:17        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Jialat ....many short sellers targeting this... all to take care....$2 to $2.50 soon!
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investor999 Elite	29-Jul-2020 20:11        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I already made it clear right from the begining I WILL KEEP AVERAGING DOWN AS LONG AS THE COUNTER KEEPS DROPPING and only stop if it shows clear sign of reversal
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investor999 Elite	29-Jul-2020 20:07        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	yes I am buying and I will buy at 3.5 ot 3.4 or 3.3 over the next few sessions
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uiop1223 Supreme	29-Jul-2020 20:06        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	U buy again? I hope u r single with no family commitment. Dont make the rest suffer with you. investor999      ( Date: 29-Jul-2020 20:03) Posted: At least you are careful Banks already sold off before earnings can out. They bascially took profit from the rights they exercised.  The traded shares are less than 0.05% of shareholders. Major shareholders are not doing anything. The first time SIA was shorted down to 3.53 was because shortists were able to buy the rights to cover shorts. Hence the short cover was more or less guaranteed. The time the short sellers were able cover back at 3.53 because the banks had been selling continuously. I know the seller came from Banks because I bought at 3.53 today ( seller = Citibank) The last few trading sessions had been easy short target as the price always open high and close low. The next few sessions I am not sure now. Maybe we can open 3.53 and close at 3.50? Or maybe not. There were many buyers ( AKA short sellers waiting to cover shorts )  So if you short down, they cover their shorts but who is selling to you to cover yours? CFD works because brokers had other people' s outstanding shares to lend you before they pick up their shares. Going by mood now, there may not be many force selling for you to cover shorts. Many are picking up shares to prevent losses Take care   KiasiGuy      ( Date: 29-Jul-2020 18:30) Posted: I have no SIA share but careful when you short this share. I have a feeling Temasek may one time big big buy up this share once it has been shorted sufficiently and destroy shorties.
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