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SIA
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SIA
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NT1825
Master |
13-May-2020 08:59
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From today, buyers or sellers already agreed to pay 3.00 each. No more persuasion required 4.00 is a good price. My feel is that it may go to 3.33.....dyodd
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uiop1223
Supreme |
13-May-2020 08:57
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Yes. I nv say SIA will collapse. I just say short SIA
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lighter87
Master |
13-May-2020 08:57
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I believe you are looking at Mcb price. Rights are at 1 dollar now
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lighter87
Master |
13-May-2020 08:56
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Sia will still survive, just that shareholders are screwed big time
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halleluyah
Supreme |
13-May-2020 08:55
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must hv a holding power fr abt 2yrs if want to long...low can be lower...next q expect big loss...if not look fr better counter n can sleep well...dyodd... | ||||
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uiop1223
Supreme |
13-May-2020 08:55
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The rights are so cheap. Pay $3 + $0.003 = $3.003
If SIA price continues to be $4.2, those who bought rights and subscribe to the shares will dump once the rights shares converted to common for trading in june right? That why i say this temesek rescue is different from olam or keppel |
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commoner
Senior |
13-May-2020 08:54
Yells: "I cannot post anymore... Dont come to my thread!" |
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wah lao... no good leh... this is pride of singapore leh... SIA leh.... no eyes see.
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lighter87
Master |
13-May-2020 08:53
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Means market expect the mothershare to drop further
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commoner
Senior |
13-May-2020 08:49
Yells: "I cannot post anymore... Dont come to my thread!" |
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omg... how come price getting lower and lower? | ||||
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uiop1223
Supreme |
13-May-2020 08:43
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Oh my.. the rights are trading so cheaply. Existing shareholders are screwed. Those yet to enter and want SIA, can consider buying the rights and then subscribe to the shares | ||||
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stanleytay
Master |
13-May-2020 08:30
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Do you know if Temasek didnt step in for olam.. it will end up like noble? Noble didnt manage to attract any white knight. The truth is money talks.. esp big money. Choose your side wisely. Have a good trading session
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uiop1223
Supreme |
13-May-2020 08:25
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Olam is different. Temsaek offer a premium to buy more stake in the company. This support share price. We saw the same impact for keppel corp when the offer was announced. The unfortunate thing for keppel is that this process is complicated and needs to clear A - Z regulatory process.
But SIA is different. It akin to a bailout. Temasek is pumping money to keep SIA alive. The strategy here is different. More cash to SIA while dilution of shares resulting in value destruction to shareholders. I will not short SIA if Temesak offers say $7.50 to shareholders in order to become a bigger shareholder, similar to olam and keppel. There is no dilution of shares for olam and keppel |
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stanleytay
Master |
13-May-2020 08:19
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Your view do make sense but do rem who is your opponent here when you try to short. Its true that SIA is in bad shape now, if not Temasek wont step in and hence rights issue.This is similar to Olam, when you fight against big money.. even you have the facts right, it doesnt mean the stock may go your way.
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TA_Expert
Supreme |
13-May-2020 08:12
Yells: "The World has changed" |
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Why would existing shareholders subscribe the rights and MCB? Leave it to Temasek, the biggest shareholder. She has already mentioned that if there is no taker for the rights / MCB, she will take up all of them. Leave it to Temasek to save SIA. No point doing DCA for existing shareholders. |
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NT1825
Master |
13-May-2020 08:12
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The question is how much one willing to pay, considering all facts on the state of the company. Some also added should the price be compared with others airlines nearby China, HK, Thailand.
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uiop1223
Supreme |
13-May-2020 08:12
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China airlines dont do hedging... which in turns may become a natural hedge? When they dont fly, they dont use oil
SIA was greedy. It wanted to earn more profits. It was hit by raising oil prices earlier and wanted to earn more profit by managing costs. Turn out the hedge become more costly 🤣 It got greedy and enter into long term hedge on a volatile commodity - oil. Is this smart? So SIA deserve it. The mtgm who approved such strategy must be accountable and suffer big pay cuts https://www.straitstimes.com/business/sia-bets-on-oil-prices-going-up-as-it-extends-fuel-hedging Clearly they are taking a view that oil prices will gradually go up," said Maybank Investment Bank analyst Mohshin Aziz. "It's out of their norm as they usually do it 18 months forward. I don't think it's a bad move." SIA, which is battling overcapacity and aggressive pricing by budget airlines in the region, is seeking to cut costs as passenger yields - a key measure of profitability in the industry - continue to be under stress. Jet fuel accounted for 26 per cent of the company's total expenditure last quarter, making it the single biggest cost. |
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NT1825
Master |
13-May-2020 07:44
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Best to refer to few china based airlines and cathay.  
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uiop1223
Supreme |
13-May-2020 07:08
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Can short mah 😎
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SmallSmall
Supreme |
13-May-2020 06:49
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Anyone can determine how much is the MCB right worth based on last SIA price? Pls share your estimates. Thanks |
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AhLiang
Elite |
13-May-2020 05:50
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How many rights will flood the market..? And after that, how many new shares will flood the market..? Avoid! | ||||
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