Latest Forum Topics /
SIA
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EZRA HOLDINGS - RED HOT NEWS
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Entropy72
Master |
22-Dec-2020 08:06
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Temasek Holdings
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ffff152100ffff
Master |
22-Dec-2020 07:57
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What is TH?
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Entropy72
Master |
21-Dec-2020 23:51
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There is little doubt SIA will survive as a company, given its strategic importance and TH backing. But at a burn rate of close to $800m per month, very likely it will need to tap on more loans and worst for shareholders, new equity. | ||||
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TradeExpert
Veteran |
21-Dec-2020 20:22
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Agree. Hi 5. SIA will not go bust. Sg Govt will save it. Sg has too much to lose if SIA go bust.
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Thiamm
Veteran |
21-Dec-2020 20:13
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TH will not allow SIA to disappear in any circumstances. SMRT has shown, SIA might be taken private, what is the price I think TH would initiate. Share your views.   |
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112233
Master |
21-Dec-2020 19:59
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i will join u to scoop more if it crashes. such opportunity is very rare. 
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112233
Master |
21-Dec-2020 19:45
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maybe the question should be, will " they" let SIA game over ? what are the implications ? 
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alleyboy
Veteran |
21-Dec-2020 19:34
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If crash, I will scoop. Sure cheong when border back to normal.
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ffff152100ffff
Master |
21-Dec-2020 19:29
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Will SIA game over?
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112233
Master |
21-Dec-2020 19:16
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so cute. so fast abandon ship ...or rather " plane" ? steady lah. stay focus. 
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Starship
Supreme |
21-Dec-2020 19:10
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Singapore Airlines has spent S$7.1b of S$8.8b raised in rights issue MON, DEC 21, 2020 - 6:33 PM SINGAPORE Airlines (SIA) has used approximately S$7.1 billion of the S$8.8 billion raised from a rights issue in June, it said in a filing to the Singapore Exchange on Monday. Between Oct 14 and Dec 13, the flag carrier spent a further S$900 million of the gross proceeds from the rights issue. Of this amount, S$500 million was used to fund ongoing operating expenses, S$200 million went towards refunding tickets sold on flights which have been cancelled in view of continuing border controls and travel restrictions, and S$200 million was applied towards debt servicing. Its last update on the use of proceeds from the rights issue was made in mid October, when SIA said it had spent S$1.8 billion over about two months. The amount was used for ongoing operating expenses, ticket refunds and debt servicing. In addition to the funds raised during the rights issue, SIA said it has raised for FY2020/21 a total of S$2.1 billion through loans secured on its aircraft and a short-term unsecured loan, S$850 million through a convertible bond issue and S$500 million via a private placement of new 10-year bonds. It has access to approximately S$2.1 billion of lines of credit available for drawing, and has the option to issue additional mandatory convertible bonds to raise up to S$6.2 billion if the crisis prolongs. https://www.businesstimes.com.sg/companies-markets/singapore-airlines-has-spent-s71b-of-s88b-raised-in-rights-issue ![]()   |
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uiop1223
Supreme |
21-Dec-2020 12:27
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Yeah. More positive covid cases.
MCBs now $1 liao. Anyone bought when it was 88cents?
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TradeExpert
Veteran |
21-Dec-2020 11:42
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With more postive news on reopening of borders and SIA is resuming connecting flights to many countries including long haul flights to locations such as New York, more positive results are expected.... | ||||
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ffff152100ffff
Master |
20-Dec-2020 16:06
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Should be shoot up $5 next week, SIA already start flying around the world...
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Starship
Supreme |
20-Dec-2020 14:07
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alleyboy
Veteran |
20-Dec-2020 14:05
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Yes SS. Yes. Yes.:)
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Starship
Supreme |
20-Dec-2020 14:03
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Blackwolf
Member |
20-Dec-2020 13:36
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Even you are vaccinated, still need to take PCR test to board the flight.  
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alleyboy
Veteran |
20-Dec-2020 13:28
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When all in order too late to catch the flight. Load when still cheap. Look at Sats. $4 plus leow
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zandlery
Supreme |
20-Dec-2020 13:25
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Because of what? Everywhere having 3rd or 4th wave of virus outbreak and continue during festive season?
Kudos to your optimism anyway... Cheers
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