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SIA
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lighter87
Master |
20-May-2020 10:57
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stands for big boys, those whales with alot of firepower. my broker told me to be careful on this stock as the market maker is ah kong.
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takashinzy
Member |
20-May-2020 10:56
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shortist who shorted the share mst have won big $ !!  $4-ish at XR to now $3.6.. 
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takashinzy
Member |
20-May-2020 10:54
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yes what does bb even stand for??  ![]()
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michaeltan
Master |
20-May-2020 10:50
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So a big portion of $1.26 billion will go to executive salaries....Haha. Thank you for your support.![]()
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investshare
Supreme |
20-May-2020 10:49
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This prediction was made in Mar. at that time no CB.
Assumption of 75% reduction in May was too optimistic on hindsight. So losses definitely will be higher.
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uiop1223
Supreme |
20-May-2020 10:48
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No idea 🤷 ♂ ️ I am eager to know the identity of bb too.
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takashinzy
Member |
20-May-2020 10:47
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i thought theoretically TERP entails that it should reach $4.4 or $4.1 but it now drops way past TERP hinting that more ppl are dumping the share.
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takashinzy
Member |
20-May-2020 10:45
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Hi masters, who is the bb that i see forummers keep mentioning?? | ||||
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newbieliu
Elite |
20-May-2020 10:44
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For your info, if you are not aware. Source:  https://mothership.sg/2020/03/singapore-airlines-losses/ Singapore Airlines (SIA) is projected to post losses amounting to S$1.26 billion in fiscal year 2021 before interest and taxes, and a 25 percent decline in revenue year on year, according to a DBS Group Research report forecast. The report also forecast that capacity may see a 75 percent year on year decline in May and a 50 percent cut in June. However, capacity and demand is likely to steadily recover by the end of 2020.  
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lingua101
Veteran |
20-May-2020 10:43
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so after 21-may, theoritically, SIA share will trade around $3?
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xxboaxx
Member |
20-May-2020 10:36
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hmm that is for FY2019 ending on march. the worst quarters results are yet to come
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littleones
Veteran |
20-May-2020 10:33
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This is logical. Can be seen from the spread in price between SIA share price now and the SIA rights price now plus $3. As long as the spread is maintain, people will want to convert.
But whether the share price will maintain above $3 on Jun 8 is another issue all together.
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newbieliu
Elite |
20-May-2020 10:32
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The loss for FY 2020 is already specified and aired to the public. 
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Markie.supie
Member |
20-May-2020 10:31
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Buying today at 0.15 buffer for tomorrow to go down.
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LowLow12
Elite |
20-May-2020 10:28
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$3 coming | ||||
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uiop1223
Supreme |
20-May-2020 10:28
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Tell me whos the BB then? Can que and withdraw later right?
Pennies stock, i agree it easily manipulated. But blue chips? Why not just say ignorant retail investors who thought $3.5 is a good buy instead?
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lighter87
Master |
20-May-2020 10:25
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the bb will need to get as many shareholder to subscribe as possible so they do not have to fork out more money end of the day. the price will definitely be support, who in the right mind will park 1500lots at $3.50. if there is no support action, the share would have reached below $3 as the funds are shorting. after people exercise, bb will have no more incentive to support the price anymore and that is when it is safer to short | ||||
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michaeltan
Master |
20-May-2020 10:25
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High possibility the share price will go below $3.00 once the rights exercise is overed. The reason next quarter is expecting big loses. ..... based on last quarter result reported lost of $723 million.
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newbieliu
Elite |
20-May-2020 10:22
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If they simply dont bother, then it will expire and these right shares will be consumed by Temasek right. There isnt secondary market for that.   
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Starship
Supreme |
20-May-2020 10:22
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Bcos if SIA drops further tomorrow, yr SIA R will cost even less.  ![]() ![]()
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