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SIA
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uiop1223
Supreme |
18-May-2020 10:09
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If u know the answer, why ask? What the point of your post?
< The national carrier said no underwriter is needed as majority shareholder Temasek - which currently holds a stake of 55.46 per cent - will vote in favour of the rights issues and has committed to subscribe for its full entitlement and any balances of both issuances not taken up. It will not be paid any fee for the undertaking. >
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Oldman278
Senior |
18-May-2020 10:09
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Hopefully there is no recession...
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AhLiang
Elite |
18-May-2020 10:05
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My point is investors including the big funds are not betting on the future prices of SIA shares. Not even punting it before the rights' expiry.
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uiop1223
Supreme |
18-May-2020 10:05
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Maybe it recover in 5 yrs, taking into account of massive shares issued
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stanleytay
Master |
18-May-2020 09:59
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So whats your point? Stock price can move up and down mah. Now below 4.8, what do u expect the MCB R? You expect the MCB R to be up but the mother share is below 4.8?
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AhLiang
Elite |
18-May-2020 09:49
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I know. The big funds also know. Is nobody buys, no one is even betting long term.
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stanleytay
Master |
18-May-2020 09:45
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MCB R is not a good gauge of where the mother share will go. It will be zero as long SIA is around this range. Those interested to buy SIA may like to monitor as it nears 3.72. The rights will move in tandem with the mother but take note it will probably go lower when it expires on wed
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AhLiang
Elite |
18-May-2020 09:40
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SIA cannot just ask share holders for cash but itself wouldn't cut and wouldn't answer for the oil hedge. Some big guns must go. | ||||
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lighter87
Master |
18-May-2020 09:39
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it is not $1 change to $4.84. its your capital divided by 4.84. if you invest $1000, end of 10 years, they will divide the $1000 by 4.84. If SIA share is trading below that price, you will lose big time after 10 years
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westpoison
Veteran |
18-May-2020 09:37
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why 4.7? The exchange rate is 4.84 after 10 years right? 
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newbieliu
Elite |
18-May-2020 09:36
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3 more days to fight it out go go go
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stanleytay
Master |
18-May-2020 09:34
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You do know as long SIA is below 4.7. The MCB rights shld be zero?
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desmodeus
Veteran |
18-May-2020 09:32
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So ko lian. Even mcbr bo lan ai. Once a much sought after blue chip reduced to such a sorry sight | ||||
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AhLiang
Elite |
18-May-2020 09:27
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I thought the big drop will come on 21/5 but it is already starting today. MCB R is is gone case.
Obviously the foreign funds are not convinced why SIA doesn't retrench and cut costs. And they know Ah Kong will not intervene like it did for Olam. |
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wenyen
Master |
18-May-2020 09:24
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SIA MCB R no buy vol at all | ||||
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TheDuellist
Senior |
18-May-2020 09:17
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As if SIA punters do not know the answer..... It is how my question is phrased. To quote a reliable media source: " Temasek, who has a 55.46% shareholding in SIA is underwriting the whole transaction" . And please skip your " zzz" it is not useful at all. I came into this thread after hundreds of messages were already posted. Don' t expect me to read every single post. If you find my post irrelevant you can always skip or report it to the admins.  
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newbieliu
Elite |
18-May-2020 09:03
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Shortists are tempting the original owners to sell at loss for them to collect before pushing them up again. SEe if it is true lol but soon they will realise it will not work so well as they have been cheated twice. lool
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uiop1223
Supreme |
18-May-2020 09:03
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Zzzzz.. i already mentioned many times there is NO underwriter. Temasek will pick up any unsubscribed rights...
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lighter87
Master |
18-May-2020 09:00
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wah no buyers for the mcb! | ||||
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TheDuellist
Senior |
18-May-2020 08:59
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I have a hunch that the Rights market prices will be intentionally suppressed.  For whatever reasons, many are selling their Rights.  And now, who is the underwriter for this exercise? |
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