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SIA
Last:6.97
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YOMA
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Kai189
Veteran |
16-Jul-2020 22:00
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Singapore Airlines Group' s low-cost carrier, Scoot, is set to resume its Surabaya-Singapore service starting July 17. Available once a week on July 17, 24 and 31 using an Airbus A320, the route will be the first of five Scoot services to resume since the airline suspended most of its operations in March." We are happy to be able to resume operations from  Surabaya [in East Java] to Singapore although with lower frequency, especially to serve those needed to travel home," said Scoot chief commercial officer Calvin Chan in a statement Singapore Airlines has also resumed its Jakarta-Singapore route. |
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investor999
Elite |
16-Jul-2020 21:36
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Most recommendation is hold although some recommend sell UOB KayHian recommended 3.80. That is the reason why shares went to to 3.80 and fall. The 3.70 is a good support and we only visited once, perhaps tomorrow. No matter how bad a company is OR how good it is, there is always a target price.   |
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SAVIORFOREVER
Supreme |
16-Jul-2020 20:55
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Hope SIA learn lesson from pandemic and not repeat the mistake.
Trade with prudence and DYODD |
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investor999
Elite |
16-Jul-2020 20:45
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Joey advising investors to stay clear of SIA as sellers will come and bring the price down again. This is what is happening today.. One reply it can go down towards $2 I think the UG Healthcare plunged after the interview with the company. Same recommendations that it will go up. What about Riverstone..Can go up some more then it plunged. Buyers or Shortists don't just buy up or short down..It is always slowly until it just happen suddenly. Beware of recommendations..It works for a while then it gets stale | |||||||
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investor999
Elite |
16-Jul-2020 20:26
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If we turn the chart upside down and compare with glove companies perhaps we are seeing things happening but in different directions | |||||||
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Trader130
Supreme |
16-Jul-2020 09:44
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Trader130
Supreme |
16-Jul-2020 09:07
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T9day securities not much money earn 
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SAVIORFOREVER
Supreme |
16-Jul-2020 08:37
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Will Temasek waste money again?
Trade with ? and DYODD
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Trader130
Supreme |
16-Jul-2020 08:32
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Mayb can use some reserve balance to pump up the price 😅
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vicloo
Supreme |
16-Jul-2020 08:25
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Never increase much also trading around 3.6-4 since rights issue... Temasek has a lot of money to stay vested fir years... That's why never drop.
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Trader130
Supreme |
16-Jul-2020 08:21
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Short term cannot sprint lah ... Everyday, every month   people buying ... Not sure when it will realise that actually abit funny when otherstanding shares getting more but some wait for lesser outstanding shares by the time already $5 hahahah
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Trader130
Supreme |
16-Jul-2020 08:18
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SIA flew just 13,900 passengers in June group expects ' material operating loss' in Q1
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SAVIORFOREVER
Supreme |
16-Jul-2020 08:15
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Let's see whether any impact on today's price.
Trade with prudence and DYODD |
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NT1825
Master |
16-Jul-2020 00:46
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In June - Passenger load factor (%) = 12.4 Break even point for profit generation = 66%  ? https://www.singaporeair.com/saar5/pdf/Investor-Relations/Operating-Stats/opstats-jun20.pdf |
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uiop1223
Supreme |
15-Jul-2020 22:19
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Lol. I see the word ?long term? again. Very comforting word to reassure longists that its only paper loss. Its not only paper loss but also opportunity loss had the capital been deployed elsewhere. Reason why airlines shares increase because a lot never see such price and thought lelong. But never understand why price is such lows. | |||||||
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investor999
Elite |
15-Jul-2020 22:14
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As opposed to the sharp decline of share price from 3.97 to 3.70 as banks dump their shares to raise money, the rise from 3.70 will be slow and making the losses more painful for the shortists.
There will be enough time to cover shorts but the stubborn ones will keep adding to their shorts as the shares price rises.
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investor999
Elite |
15-Jul-2020 21:55
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its common to see share price of company making losses to keep rising.
Long term investors are not looking at how much losses it incurred but the asset and their potential future value.
Airlines over the world are rising from the bottoms..So why are you still talking about losses?
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uiop1223
Supreme |
15-Jul-2020 21:31
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SIA is paying $54.7m per qtr just to service debt. And note that other than recent rights issue, it asked DBS for more loans. U think DBS do national service and charge no interest?
Assuming the debts charges remain same, per mth is $18. Cash burn each mth due to grounding = $90m Total burn per mth is $108m excluding other writeoffs or impairments and further losses from fuel hedging. They stupidly hedged above $50. I think its ard $70 or more. Is $4 share price looks attractive to buy SIA? |
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honesty
Master |
15-Jul-2020 21:12
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SIA should not delay to furlough more employees to cut down their losses and assure shareholders its value | |||||||
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uiop1223
Supreme |
15-Jul-2020 20:44
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You are cute. SIA is debt free? No need to service debt? As at Mar?20, SIA cash was $3.9b while debts was $9.9b
U got study the financial statements carefully before u buy the shares? Or just look at $4 or $3 and say ?oh! Never seen SIA such low price before. Buy buy buy!? Do u know how to read financial statements?
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