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SIA
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SIA revived
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TigerPlay
Master |
02-Jun-2021 08:42
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Ok, got it laiow.But now selling price is at 0.002, not even 1 cts, how to trade like that? commission is oredy higher, ended up must pay instead of collect money
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TigerPlay
Master |
02-Jun-2021 08:29
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Tks. How to check if oredy credited to our account?
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SembMarineLong
Veteran |
02-Jun-2021 08:22
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Long to enjoy
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simpleguy123
Elite |
02-Jun-2021 08:14
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Perhaps because SATS does not really depend 100% on SIA? I mean if SATS does catering f& b, could they possibly branch out of just strictly within SIA towards local catering?  ![]()
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simpleguy123
Elite |
02-Jun-2021 08:12
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So i take it prawns = Rights? Lobsters = Mother Shares?
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investor999
Elite |
02-Jun-2021 07:00
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Today is the first day of trading of MCB rights. Stock code: ZJGR The take up rate is probably better than first tranche | ||||
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kcowen
Member |
02-Jun-2021 00:42
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i think the same way and have exited all my SIA earlier. but I don' t dare to all put into MCB. 1. MCB likely to be redeemed if SIA is doing good 10 yrs later, this wasn' t so bad considering we get high interest 2. if SIA not doing well, a lot of dilutions once MCB converted to share, the long term investment could be in loss. so I exit all SIA and add some MCB and put the rest into others.
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SembMarineLong
Veteran |
01-Jun-2021 23:19
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Long to enjoy | ||||
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investor999
Elite |
01-Jun-2021 23:14
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Yes that is why I think MCB has a demand.
I am also thinking of that. Sell all my SIA shares now and pick up the MCB.
However MCB is not liquid..
My idea is since SIA share capital increase and we'll supported above $4.84, I might as well keep mother shares.
Anyway still have up to 16 June to consider.
If I have more money I will pick up some
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nngeeh
Veteran |
01-Jun-2021 22:42
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To me, $1000 invested in MCB will become  $1,697.97 in 10 yrs and will be converted to shares at $4.84 which you will get 350 SIA shares after 10 yrs. In another word, $1000 you invest in MCB now, you will get 350 SIA shares after 10yrs. So, buying MCB is equivalent to  buying the SIA shares at $1000 div by 350 -> $2.857 ... but u will only get the shares after 10yrs with no div. If you are really a long term SIA investors, actually, if you sell the SIA shares at $5, and you buy the MCB instead, you are actually buying the SIA shares at $2.857.  It' s like Sell $5, buy $2.857 .... but will only get the shares after 10 yrs. Judging from the current situation, i doubt SIA will be able to give huge div like in the past and i doubt they will redeem the bond. My view....
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SembMarineLong
Veteran |
01-Jun-2021 22:39
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Long to enjoy
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Goldfinger
Supreme |
01-Jun-2021 22:11
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The shareholders will see a $5 dollar stock pay a pitiful perfunctory 1 cent dividend for a few more years.
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Goldfinger
Supreme |
01-Jun-2021 22:10
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What kind of company with any self-respect and confidence in its own offering will announce to the market that they will stay afloat because they have a lot of borrowed money and loans from shareholders and new cash calls to shareholders.  No pride at all.  This one deserves to really be scolded. Why don' t they say they have a great product and will soar once air travel resumes???
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SembMarineLong
Veteran |
01-Jun-2021 22:08
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SIA says it is well capitalised, has no delisting plans SIA said the proceeds would strengthen its financial foundations to meet ongoing financial commitments, allow it to make the necessary investments and capitalise on any opportunities that may arise so as to secure its industry-leading position, as well as provide resources for growth as it navigates through the ongoing crisis. " The successful implementation of the group' s strategy is also dependent on its ability to retain its talented and motivated employees, and to continue having a strong employer brand to attract new talent," said SIA.  https://www.straitstimes.com/business/sia-says-it-is-well-capitalised-has-no-delisting-plans Long to enjoy   |
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Lobster
Elite |
01-Jun-2021 21:58
Yells: "Even Adam Khoo believes in the Black Market!" |
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Why go for prawns, when you can have lobsters. This is exactly the situation with SIAinvestors. Very sad that once a crown jewel stock has become a speculative stock. Not vested. |
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investor999
Elite |
01-Jun-2021 21:41
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Even with simple maths, I also know MCB cost $4.84 at a future price 9 years later. So SIA issue an instrument that cost $4.84 in the future.  So the total share price cannot be $4 each piece correct? unless something bad happen the SIA. How can I be so stupid ?
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SembMarineLong
Veteran |
01-Jun-2021 19:12
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Long to enjoy | ||||
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TradeExpert
Veteran |
01-Jun-2021 17:44
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$6 is on account that there is no more callings for MCB and situation/market do changes. Weeks back it was very close to $6. Anf if you are willing to park and long for at least 1 year or longer, $6 is achievable. It is an unfortunate event that SIA is calling for another MCB exercise which will be very dilutive to all existing shareholders particularly retail investors.  Short to mid term will see $4 and below. 
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hotelgrand
Master |
01-Jun-2021 17:43
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https://youtu.be/9Vc7C3HqxPc. Sad state for SIA...Upside limited down wards bias till 2023 or more
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TradeExpert
Veteran |
01-Jun-2021 17:38
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Exactly.  Expect it to fall below $4 and likely to drop to $2.x
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