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SIA revived
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ssw518
Supreme |
10-Aug-2020 11:06
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convertable loan give you the rights to convert outtanding amount to shares at the agreed. This is not a interest free loan (not very sure) which mean SIA needs to pay interest or can pile into the outstanding amt for future conversion, if both parties agreed. at this point i think is not the lowest yet, rebound is also yet to be seen.
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tasking
Senior |
10-Aug-2020 11:02
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in addition their mgmt really suck should reduce more on CEO n senior dir $$, not e ground ops. Perhaps CEO & other mgmt staff become air steward /dess & ground ops staff for some months and flight trips to boost staf  f morales and sales?
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uiop1223
Supreme |
10-Aug-2020 10:57
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Even if flights are open, is SIA the only airline in the world? Airasia already standby to fly between sg and KL already.. cant believe so many native people here | ||||
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SAVIORFOREVER
Supreme |
10-Aug-2020 10:23
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Recovery is very slow and painful.
You have to park your money for few years without dividends. There are many other better stocks. Why stick to this one? Patriotism or foolishness? Generally the trend is still down. Trade with awareness and DYODD |
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wiltay
Master |
10-Aug-2020 09:49
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after the right issue and rights mandatory convertible bonds that mean share price will drop further, am i right?  | ||||
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ssw518
Supreme |
10-Aug-2020 09:33
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sorry bro, 12b can likely last them 2 years with current situation. I believe there will be package offer for flight from sg to kl plan somewhere. Nevertheless short term super bear. those vested now, likely to hold for at least 12 month. Quarantine 14 days upon arrival in most country, who like it unless bo bian. Below 2 dollars unlikely below 3 more or less confirmed liao, prepare to see more green zone / special treatment given to tour grp etc. As long as o out break from these ppl. i think 2.50-2.75 range will be a good buy. Those bought before covid n still holding can kiss good bye to 9 dollars share price, that' s for sure
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bishan22
Supreme |
10-Aug-2020 09:19
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today st talked bad again.... tml more downside...
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vicloo
Supreme |
10-Aug-2020 08:04
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Actually only from 60c since rights issue, it didn't drop much at all. The pre-rights dilution was 6+, diluted by 1 third to 4.1 dollars, now 3. 6 means only drop 60c since April-20 till now. I think main reason is SIA is cash rich 12B of cash on hands only. Can easily sustain waiting for 1 more year from now waiting for travelling to comeback, if by june-21 still we cant travel might drop to under 2.
www.straitstimes.com/business/companies-markets/sia-to-strengthen-balance-sheet-for-the-future-through-rights-issue-ceo?utm_source=STSmartphone&utm_medium=share&utm_term=2020-08-10+07%3A58%3A53
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ffff152100ffff
Master |
10-Aug-2020 07:55
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Drop for so long, should be going up soon | ||||
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ssw518
Supreme |
10-Aug-2020 07:43
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it' s not true, without TH, this chap don' t even need fund to shoot down. It' s the money of singapoeran that is supporting further at that high price. If you remove that amount from their PnL, SIA already otw to chapter 11. Not sure when will the ROI ging back to TH, key thing is TH got to keep supporting the share px so that book will looks in good shape. I won' t buy now but will keep a eye on it when every monthends comes, at least for now. As for div, very sure next 12 month gone. Many bought with cpf all in red, quite worry for those turning into 55 in the next few months, much lesser money to be taken out. not vested yet, dyodd
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investor999
Elite |
10-Aug-2020 00:56
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You may not share my opinions
The shares that you hold are already at their peaks and splitting shares. I just want you to be careful.
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uiop1223
Supreme |
09-Aug-2020 23:15
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U wanna use ur cash to pay salaries of those arrogant pilots?
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linguist
Veteran |
09-Aug-2020 15:05
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Support this. SIA share price should go even lower. Why buy SIA shares when the pilots & management themselves can' t even accept pay cut or go on no pay leave etc.  The issue has not yet been settled right.  Let' s wait and see SIA share price drop till 1~2 dollar.
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investor999
Elite |
09-Aug-2020 14:38
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🤪 🤪 🤪
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investor999
Elite |
09-Aug-2020 14:27
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😉
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Trader130
Supreme |
09-Aug-2020 14:08
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Hedge fund managers kosong 😂
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uiop1223
Supreme |
09-Aug-2020 13:24
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Yawn 🥱 🥱 🥱
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rosali
Member |
09-Aug-2020 12:58
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no offense meant at all, but I think it is not normal however for the clarion call for us Singaporeans to buy SIA shares just so in order to be patriotic !  SIA share price is heading down now but that does not mean it is doomed nor does it mean that it need patriotic Singaporeans to part with their monies to save it by buying it' s shares.  Let the hedge funds sell or short-sell to their hearts' content.  As for us normal Singaporeans, I think that you buy or sell or short-sell a stock  as part of your own investing or trading, however you may call it - patriotism should not and must not be part of the deciding equation.  | ||||
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mrwise
Supreme |
09-Aug-2020 12:56
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dont waste time n money....
wait for $1 |
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rosali
Member |
09-Aug-2020 12:38
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it is normal for the share price to be sold down if the company is not doing well and the market environment in which it is operating in is very tough and getting even tougher.  So SIA share being sold down by it' s shareholders or getting shorted down is all par for the course !   
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