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SIA
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SIA
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actan99
Master |
14-May-2020 18:52
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https://www.straitstimes.com/business/companies-markets/sia-full-year-operating-profit-plummet-945-per-cent-on-covid-19-hit | ||||
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kevin1804
Member |
14-May-2020 18:52
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SIA' s short sell volume is 40% on 14 May. Does it include naked short sellers? That is very high , just after OCBC and VenCorp.  https://sginvestors.io/market/sgx-top-short-sell-by-volume/2020/05/14/3a92b6090697/   |
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Huat1368
Veteran |
14-May-2020 18:50
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God bless Singapore!!!
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actan99
Master |
14-May-2020 18:47
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Sia  They just posted their Financial Statements and Related Announcement::Full Yearly Results |
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uiop1223
Supreme |
14-May-2020 18:42
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Not possible. Heng zai already said no way SIA will collapse.
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john_ric
Supreme |
14-May-2020 18:40
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refreshing: SIA IPO thirty over years ago was $5.00 //   |
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john_ric
Supreme |
14-May-2020 18:38
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BIG LOSS Singapore Airlines Ltd on Thursday reported its first-ever annual loss due to poor fuel hedging bets and a collapse in demand driven by the coronavirus pandemic. The airline, a bellwether for premium travel in Asia, swung to a S$212 million ($149.14 million) net loss in the financial year ended March 31, down from a S$683 million profit a year earlier. In the fourth quarter, it lost S$732 million, down from a S$203 million profit the prior year. It did not declare a dividend. ($1 = 1.4215 Singapore dollars) |
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Huat1368
Veteran |
14-May-2020 18:31
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Can SIA go bankrupt? Most of us do not think...that is our core business in SGP. Hope it ride over this crisis soon. | ||||
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uiop1223
Supreme |
14-May-2020 18:26
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Maybe. When value emerges, like $1
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SinglePore
Member |
14-May-2020 18:22
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This bad news has been pre-alerted before and the market has priced in this bad news. I don' t see any new surprise (either bad or good) in the announcement. 
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uiop1223
Supreme |
14-May-2020 18:15
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I need to remind punters here that temasek undertake to subscribe for any undersubscribed portion. For this reason, SIA did not engage any investment bank underwriting and the success of rights exercise is guaranteed.
This means there is no need for ah gong to go to buy rights currently trading in the mkt. So dont gamble by buying rights now and think you can profit next wk when deadline nears.
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xxboaxx
Member |
14-May-2020 18:12
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Yup the question is what makes you sure his judgement is correct this time?   You never know he may start to buy in again
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limcs84
Member |
14-May-2020 18:08
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I saw their report. The speed of bleed is so huge. Whatever they earned, all have to return back. To make matter worse, it becomes Net loss.
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uiop1223
Supreme |
14-May-2020 18:07
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I dont think temesak needs to go in the rights mkt to buy rights.
Any rights not taken up will be subscribed by them.
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bishan22
Supreme |
14-May-2020 18:07
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More blood tml....good luck...
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uiop1223
Supreme |
14-May-2020 18:06
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He admit his judgment is wrong, cut loss and move on. This is what a investor should do
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limcs84
Member |
14-May-2020 18:05
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You mean from $3.73 to $3.81 currently?
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newbieliu
Elite |
14-May-2020 17:52
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Tmr should drop le . Today could be the best to buy Low and sell high for right shares . 15% in 2 hours nice small pocket money | ||||
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teeck2u
Member |
14-May-2020 17:52
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Can expert pls advise? I am also new to right subscription thus really appreciate your help.
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xxboaxx
Member |
14-May-2020 17:46
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er you do know he was buying delta airlines during covid when the share price was $40++. He even say he will never sell the airlines.  He lost almost 50% when he sold that off. Of coz that is only a small portion to him, but still dont follow blindly.
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