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investor999 Elite	02-Aug-2020 08:19        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	You are saying the cheapest possible price for SIA is 3.405. I disagree as I think the cheapest possible price is 3.00. The reason being averaging of cost. CIMB took up the rights paying $3. If they bought extra rights from open market and combined with their mother shares, their average cost will be $3.80 and below ( depending on their purchase rights price). They sold down all the way from $4.38 until almost their cost price. Then they started accumulating from 3.72 and below but dumped everything collected last Friday. The losses compensated by the gains they made earlier. So what they have now are SIA share price at $3 MichaelSchenker      ( Date: 02-Aug-2020 02:54) Posted: No, I don' t think it is attractive at all. Those who are entitled to free Rights actually paid much more for their mother shares, and knowing excess Rights, they will usually not distribute much, usually to round up odd lots. That is why, during a Rights exercise, best approach is to Sell away the mother shares as soon as possible. If you don' t own the shares, never buy the shares CR, always try buying to Rights off the market to be converted if you want to own the shares eventually. As for SIA, the lowest possible shares held should be at 3.405, 0.405 being the cheapest Rights traded. It happened on the penultimate day of Rights trading. investor999      ( Date: 01-Aug-2020 18:20) Posted: The lowest price of rights traded stripped of the mother shares was 0.41. Any selling below that belongs to investors who took up free rights. That is why it is attractive to pick up these "free rights"
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vicloo Supreme	02-Aug-2020 07:29        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm... I think they did, 2Q they loss 1.1B means daily losd 1.1B / 90 days. 12.2mil / day. Just friday they announced cutting all staff pay by 10%, ceo pay 30%, so quick guess daily loss around 10-11 mil per day for July to Sept (3q20). laksaman57      ( Date: 02-Aug-2020 00:38) Posted: Like other airlines, SIA should be transparent and disclose its daily burn rate so unit holders can make informed decision.
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ssw518 Supreme	02-Aug-2020 07:10        ssw518 About Contact  Quote this Post!
x 0   x 0  Alert Admin	even vaccine is available, it will takes a while (6 month ba) before bisiness recovery to warrant travel, and then why business class, economy class cannot meh? maybe directors / ceo take business, rest will have to fly in cheaper / cheapest flight. GoldNugget      ( Date: 01-Aug-2020 16:20) Posted: Personal call, don' t buy SIA even at 3 dollars. There will be for sure another round of capital call or rights issue. The current situation will mean they will not be profitable this year. Neither will they be profitable until the end of next year. SIA needs a load factor of 70% to be profitable. Not to mention business travelers who paid for the business and first-class are not even flying now.
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MichaelSchenker Master	02-Aug-2020 02:54        MichaelSchenker About Contact  Quote this Post!
x 0   x 0  Alert Admin	No, I don' t think it is attractive at all. Those who are entitled to free Rights actually paid much more for their mother shares, and knowing excess Rights, they will usually not distribute much, usually to round up odd lots. That is why, during a Rights exercise, best approach is to Sell away the mother shares as soon as possible. If you don' t own the shares, never buy the shares CR, always try buying to Rights off the market to be converted if you want to own the shares eventually. As for SIA, the lowest possible shares held should be at 3.405, 0.405 being the cheapest Rights traded. It happened on the penultimate day of Rights trading. investor999      ( Date: 01-Aug-2020 18:20) Posted: The lowest price of rights traded stripped of the mother shares was 0.41. Any selling below that belongs to investors who took up free rights. That is why it is attractive to pick up these "free rights"
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laksaman57 Supreme	02-Aug-2020 00:38        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like other airlines, SIA should be transparent and disclose its daily burn rate so unit holders can make informed decision.
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laksaman57 Supreme	02-Aug-2020 00:28        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.flightglobal.com/strategy/how-many-jobs-are-airlines-cutting-due-to-coronavirus/139262.article
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laksaman57 Supreme	02-Aug-2020 00:19        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.theweek.in/news/biz-tech/2020/07/11/emirates-airline-to-lay-off-9000-employees-due-to-pandemic-report.html   " In the first official disclosure made on the number of layoffs, president of Emirates airline has revealed that as many as 9,000 employees  are set to lose their jobs ..." laksaman57      ( Date: 01-Aug-2020 22:25) Posted: https://www.channelnewsasia.com/news/world/dutch-airline-klm-says-to-shed-up-to-5-000-jobs-due-to-12980212   " Dutch airline KLM said Friday (Jul 31) it would shed up to 5,000 jobs due to a " crisis of unprecedented magnitude" caused by the coronavirus pandemic. The carrier, part of the Air France KLM group, said the cuts through the end of 2021 were necessary as it had made huge losses despite a 3.4-billion-euro (US$4.0-billion) Dutch government bailout."
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simpleguy123 Elite	02-Aug-2020 00:12        simpleguy123 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I think this period of uncertainty and how he responds to it, will define his legacy... incirent      ( Date: 01-Aug-2020 23:49) Posted: When the crucial moment comes, I hope XL will be iron enough like his late father.
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incirent Senior	01-Aug-2020 23:49        incirent About Contact  Quote this Post!
x 0   x 0  Alert Admin	When the crucial moment comes, I hope XL will be iron enough like his late father.
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StarterKit Member	01-Aug-2020 23:47        StarterKit About Contact  Quote this Post!   Yells: "just a rookie tryna learn the ropes"
x 0   x 0  Alert Admin	Even pay cuts can' t save SIA...the worst has yet to come https://www.straitstimes.com/singapore/sia-cuts-staff-pay-by-at-least-10-offering-early-retirement
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simpleguy123 Elite	01-Aug-2020 23:33        simpleguy123 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I think his wife can be the one to tell these pilots off. :) vicloo      ( Date: 01-Aug-2020 18:05) Posted: Situation now is already all grounded... We need to be prepared to start all over. Starship      ( Date: 01-Aug-2020 11:51) Posted: In 1980, Lee Kuan Yew told SIA pilots' union he was prepared to ground airline & start over November 16, 05:43 PM `They know that I' m prepared to ground the airline. They know that I can get the airline going again without them.' " I can tell you that when I met the SIA pilots, I didn' t meet them on TV, I met them face-to-face. Five feet across the table so they can see me, and see whether I' m still vigorous, able to campaign and take them on. Whether it' s worth taking me on. And I offered them two choices. Either you stop this intimidation, which is what it was, bringing SIA right down. Disrupting services, ruining its reputation. Millions of dollars worth of advertisements and sales ruined within a matter of two weeks. I gave them a choice. Continue this and I will by every means at my disposal teach you and get the people of Singapore to help me teach you a lesson you won' t forget. And I' m prepared to start all over again or stop it! Get back to work, restore discipline, then argue your case. Took them 65 minutes and they decided ok it isn' t worth the fight. Why? Because they know they' ll lose. They know that I' m prepared to ground the airline. They know that I can get the airline going again without them. And let there be no mistakes about it. Whoever governs Singapore must have that iron in him. Or give it up. This is not a game of cards. This is your life and mine. I spent a whole lifetime building this. And as long as I' m in charge, nobody' s going to knock it down." And with that, the matter with SIA was resolved. Video: https://youtu.be/ytMXSLeqFMY
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des_khor Supreme	01-Aug-2020 22:49        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	Only SIA still serving NS .
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laksaman57 Supreme	01-Aug-2020 22:27        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.businesstimes.com.sg/transport/latam-airline-to-lay-off-2700-crew   Latin America' s biggest airline, the Brazilian-Chilean group Latam, said Friday it was laying off at least 2,700 crew to cope with the devastating effects of the coronavirus pandemic on the aviation industry
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laksaman57 Supreme	01-Aug-2020 22:25        laksaman57 About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://www.channelnewsasia.com/news/world/dutch-airline-klm-says-to-shed-up-to-5-000-jobs-due-to-12980212   " Dutch airline KLM said Friday (Jul 31) it would shed up to 5,000 jobs due to a " crisis of unprecedented magnitude" caused by the coronavirus pandemic. The carrier, part of the Air France KLM group, said the cuts through the end of 2021 were necessary as it had made huge losses despite a 3.4-billion-euro (US$4.0-billion) Dutch government bailout."
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JerryMaple Veteran	01-Aug-2020 21:02        JerryMaple About Contact  Quote this Post!
x 0   x 0  Alert Admin	I know you love SIA stocks and Sg.. But sometimes you got to be realistic, u keep comparing the history.. Do you know that last time there are no budget airlines? Do you know that SIA buyover tiger airline which renamed as Scott and is doing very badly thereafter? Tiger airline used to be ok but after took over by SIA it is........ If you just buy to support then I am ok with your comments.. If you keep deceiving yourself by saying it will go back to it's glorious day then good luck to you.. Frankly speaking, you are the only one still thinking the situation is ok.. Most of the shareholders sucking their thumb now... Doydd.. investor999      ( Date: 01-Aug-2020 18:45) Posted: SIA IPO in 1985 one month after Pan EL crisis..It was traded below $5 but rosed to $9.60 the following year. Since when did the $2.31 happen on 30 June 1986. Wah you are talking about stock price 34 years ago. Might as well talk about the Dow Jones index 30 years ago limjoeseph      ( Date: 01-Aug-2020 17:46) Posted: All time low for SIA was $2.31 in 30 June 1986. All medium to long term technicals already broken down and as long civid 29 dows not dissipate, no recovery in anyline stocks anytime soon. Seems Covid 19 is mirroring Spanish Flu which which started in February 1918 and dissipated globally in April 2020. In US, minimum 657K deaths reported. In US, deaths already more than 150K and still climbing and will be worse into fall and wintering period towards year end. Vaccines take time to be approved and so far early release probably 1st half next year. I have already cut lossess on my vested interest at 3.65 last week. To those mkt particpants who think SIA is low enough to buy, I wish them good luck because there are other potential shares to make money from in the shares mkt. Why do you think the share guru, Warren Buffet cut lossess on all his airline stocks having lost US$54 Billion? Think? Because he feels there are other potential stocks to buy. I can only suggest if any of you are interested in a medium term strategy to hold until 1st half June 2021, is Sri Trang Agro which is extremely undervalued as this company is a rubber and gloves play company. STA for 1st quarters will enjoy 100% earnings from their gloves division and 56% thereafter from spinning off to STGT, their gloves division from 3rd quarters earnings report thereafter. My outperform recommendation is to buy on Monday Thai Baht any price below 25.25 with a target objective of 73 Baht within 1st half June 2021, medium term. STA has spun off its gloves division with an IPO on 2 July 2020 with the new company STGT which has book orders until 1st half June 2021 reflecting strong demand from the impact of covid 19. 2nd quarters result is expected to exceed 1st quarter results of 845 Million Baht on results release on 14 August with above 1.2 Billion Baht potential profits. Alternatively you buy STA Sing which closed at $1.31 Sing on Thursday with a TP within 1st half June 2021 at $3.22 basis Fibonacci Extension of 1.618%. As an international rubber dealer with vested interest in STA, I can say that the rubber market is poised for a basing out this year with TSR 20 Socom being well supported at $1060 per ton. Please do your due diligence accordingly. Lets HUAT together.
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investor999 Elite	01-Aug-2020 18:45        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA IPO in 1985 one month after Pan EL crisis..It was traded below $5 but rosed to $9.60 the following year. Since when did the $2.31 happen on 30 June 1986. Wah you are talking about stock price 34 years ago. Might as well talk about the Dow Jones index 30 years ago limjoeseph      ( Date: 01-Aug-2020 17:46) Posted: All time low for SIA was $2.31 in 30 June 1986. All medium to long term technicals already broken down and as long civid 29 dows not dissipate, no recovery in anyline stocks anytime soon. Seems Covid 19 is mirroring Spanish Flu which which started in February 1918 and dissipated globally in April 2020. In US, minimum 657K deaths reported. In US, deaths already more than 150K and still climbing and will be worse into fall and wintering period towards year end. Vaccines take time to be approved and so far early release probably 1st half next year. I have already cut lossess on my vested interest at 3.65 last week. To those mkt particpants who think SIA is low enough to buy, I wish them good luck because there are other potential shares to make money from in the shares mkt. Why do you think the share guru, Warren Buffet cut lossess on all his airline stocks having lost US$54 Billion? Think? Because he feels there are other potential stocks to buy. I can only suggest if any of you are interested in a medium term strategy to hold until 1st half June 2021, is Sri Trang Agro which is extremely undervalued as this company is a rubber and gloves play company. STA for 1st quarters will enjoy 100% earnings from their gloves division and 56% thereafter from spinning off to STGT, their gloves division from 3rd quarters earnings report thereafter. My outperform recommendation is to buy on Monday Thai Baht any price below 25.25 with a target objective of 73 Baht within 1st half June 2021, medium term. STA has spun off its gloves division with an IPO on 2 July 2020 with the new company STGT which has book orders until 1st half June 2021 reflecting strong demand from the impact of covid 19. 2nd quarters result is expected to exceed 1st quarter results of 845 Million Baht on results release on 14 August with above 1.2 Billion Baht potential profits. Alternatively you buy STA Sing which closed at $1.31 Sing on Thursday with a TP within 1st half June 2021 at $3.22 basis Fibonacci Extension of 1.618%. As an international rubber dealer with vested interest in STA, I can say that the rubber market is poised for a basing out this year with TSR 20 Socom being well supported at $1060 per ton. Please do your due diligence accordingly. Lets HUAT together.
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investor999 Elite	01-Aug-2020 18:20        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The lowest price of rights traded stripped of the mother shares was 0.41. Any selling below that belongs to investors who took up free rights. That is why it is attractive to pick up these "free rights"
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investor999 Elite	01-Aug-2020 18:17        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Temasek wouldn't inject capital. They only need to buy up shares below $3 , which was what they supposed to do at the beginning if investors throw their rights..Throwing shares at $3 is the same as throwing the original rights investor999      ( Date: 01-Aug-2020 18:14) Posted: Share dilution is not true. This only happens if more rights are issued..SIA can issue more MCB, not rights issue..So we talk about rights issue. MCB issue is possible..The deal will be more attractive given the current low price..Guaranteed returns over 10 years. Better than any endowment plans. So if there is not dilution we don't talk about below $3 GoldNugget      ( Date: 01-Aug-2020 17:48) Posted: The government support part is true. Temesk is doing NS, making sure SIA doesnt bankrupt. But they are doing this via capital inject and under writing these capital injections. In so doing they are diluting minority share owners ownership. it doesnt change the fact that SIA is bleeding everyday and the capital injection is just to make sure there is enough capital so that the bleeding can happen without causing bankruptcy. So buying SIA bond makes sense. Becasue bankrupty wont happen. Stock purchase have to wait
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investor999 Elite	01-Aug-2020 18:14        investor999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Share dilution is not true. This only happens if more rights are issued..SIA can issue more MCB, not rights issue..So we talk about rights issue. MCB issue is possible..The deal will be more attractive given the current low price..Guaranteed returns over 10 years. Better than any endowment plans. So if there is not dilution we don't talk about below $3 GoldNugget      ( Date: 01-Aug-2020 17:48) Posted: The government support part is true. Temesk is doing NS, making sure SIA doesnt bankrupt. But they are doing this via capital inject and under writing these capital injections. In so doing they are diluting minority share owners ownership. it doesnt change the fact that SIA is bleeding everyday and the capital injection is just to make sure there is enough capital so that the bleeding can happen without causing bankruptcy. So buying SIA bond makes sense. Becasue bankrupty wont happen. Stock purchase have to wait, investor999      ( Date: 01-Aug-2020 16:38) Posted: Alot of vaccine are in phase three trials. We should be getting an interim report in a few months. Current results are promising. We should see some government support in our airline sector Many open shorts at 3.41 and 3.42 and looking at covering at 3.29 and below Last massive selling on 30 July 2020 was mainly due to CIMB who changed from accumulate to hold. Other major Banks have already sold at higher levels Monday' s selling will only be forced selling - not much looking as the negativity in recent months. There should not be huge positions 30 July 2020 trades was a false bear breakout. If Monday opens at 3.50, this is confirmed. If opens lower, we looking at new lows around 3.28 and closing higher on short coverage Cheer
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vicloo Supreme	01-Aug-2020 18:05        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Situation now is already all grounded... We need to be prepared to start all over. Starship      ( Date: 01-Aug-2020 11:51) Posted: In 1980, Lee Kuan Yew told SIA pilots' union he was prepared to ground airline & start over November 16, 05:43 PM `They know that I' m prepared to ground the airline. They know that I can get the airline going again without them.' " I can tell you that when I met the SIA pilots, I didn' t meet them on TV, I met them face-to-face. Five feet across the table so they can see me, and see whether I' m still vigorous, able to campaign and take them on. Whether it' s worth taking me on. And I offered them two choices. Either you stop this intimidation, which is what it was, bringing SIA right down. Disrupting services, ruining its reputation. Millions of dollars worth of advertisements and sales ruined within a matter of two weeks. I gave them a choice. Continue this and I will by every means at my disposal teach you and get the people of Singapore to help me teach you a lesson you won' t forget. And I' m prepared to start all over again or stop it! Get back to work, restore discipline, then argue your case. Took them 65 minutes and they decided ok it isn' t worth the fight. Why? Because they know they' ll lose. They know that I' m prepared to ground the airline. They know that I can get the airline going again without them. And let there be no mistakes about it. Whoever governs Singapore must have that iron in him. Or give it up. This is not a game of cards. This is your life and mine. I spent a whole lifetime building this. And as long as I' m in charge, nobody' s going to knock it down." And with that, the matter with SIA was resolved. Video: https://youtu.be/ytMXSLeqFMY
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