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SIA
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Will it Break 10cents again???
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investor999
Elite |
26-Jul-2020 09:53
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Agree. I have already caught the falling knife and now I declare I am not buying more no matter how low the price goes lower. Have to prepare funds just in case SIA exercise its option to raise another MCB
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investor999
Elite |
26-Jul-2020 09:50
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Averaging down is not always wrong. You need to have confidence the company will turn around
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dcools
Senior |
26-Jul-2020 09:37
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if u think Sia is at low price and probably won't fall much further. I gave an example in earlier post that chattered semiconductor fell fr 20 dollars all the way to less than 20c, killing plenty of ignorant investors, who blindly believe it will eventually recovered. | ||||
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Trader130
Supreme |
26-Jul-2020 09:34
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来 了 $$$    Singapore Airlines raises US$541 million in funding
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investor999
Elite |
26-Jul-2020 09:24
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I think the recent sell down of SIA by banks is due to this fear.
If the pandamic is more prolonged and SIA already maxed its loans.
The next option is to exercise its MCB option.
The price of MCB will be out lower base on current SIA price..But investors have to cough out money for the long term again
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investor999
Elite |
26-Jul-2020 09:06
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We don't have this of stock at the moment.
It is difficult to find another Netflix or amazon at the moment.
Glove company is too high and breaking.
To invest in penny stock with such potential is too risky.
In fact it is still safer to invest in blue chips
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dcools
Senior |
26-Jul-2020 09:05
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if the pandemic last longer than expected. | ||||
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investor999
Elite |
26-Jul-2020 09:00
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You also think SIA will file for bankruptcy
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investor999
Elite |
26-Jul-2020 08:59
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Why do you say it is insane to get people like me to invest in SIA?
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dcools
Senior |
26-Jul-2020 08:50
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Sia is a company with high financial leverage and high operating leverage. this probably a worst time to invest in such a stock, declining revenue with high fixed charges. Sia could file for bankruptcy if pandemic last much longer than expected. a good example chartered semiconductor which sell for 20 dollars to less than 20c, finally sold at low price. | ||||
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investor999
Elite |
26-Jul-2020 06:58
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If I understand you correctly, you are saying that SIA will fill for bankruptcy and be sold to pay the losses? And it is not a big deal, meaning probably can happen? Then Temasek will start another singapore airline ( with a smaller capital?) OK I am not arguing with you over this.   |
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Horseman1234
Member |
26-Jul-2020 00:29
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Are you joking?  SIA is the best you can find.  You know SIA is doing nothing for months except burning through the  8 billions cash raised just 4 months back.  Bet you that $$$ is gone and i am thinking ah Gong is not giving any more money. Seriously speaking  it is only a matter of time before this counter turn belly up.  Temasek wasted 8 billion public taxpaper dollar ,  she will not make the same mistake twice. SIA bust is not big deal.  When the air travel resume and buiness turn profitable in the distant future ,  Temasek can always start another airline as a faction of the price and it will be make money from day.
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ss2017.
Supreme |
25-Jul-2020 20:00
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I thought you mean 3 in 1 instant happening...
$3.50 short term if you can catch it is good. We have to wait for its profit and loss to assess its earning performance. Just wait. |
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AlanJpe
Member |
25-Jul-2020 19:54
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waiting to buy SIA 3 for 10! I mean 3 shares for $10. | ||||
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Trader130
Supreme |
25-Jul-2020 17:27
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Buy within your mean and at your comfort price Zone
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vicloo
Supreme |
25-Jul-2020 13:19
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Yes never try to catch a falling knife, cut loss or just hold. Dont buy more.
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DooDoo
Senior |
25-Jul-2020 09:36
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1.50? | ||||
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des_khor
Supreme |
25-Jul-2020 09:19
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Will it be the next semi char ? | ||||
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Observers
Elite |
25-Jul-2020 09:03
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If cannot affort to lose anymore, i think it best to put into CPF retirement and special accounts. Just imho.
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uiop1223
Supreme |
25-Jul-2020 08:40
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WB is just like any other prudent investor. Admit mistake, cut loss and move on. Averaging down is silly when its clear the company got problem. Just add on to your loss.
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