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SIA
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SIA revived
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TheMysteryDay024
Senior |
25-Feb-2022 07:25
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https://www.zerohedge.com/political/watch-live-president-biden-unleash... Nice. Biden has addressed his people that troops will not be sent to Ukraine (who is yet to be a NATO member). Instead, additional troops will be sent to protect NATO states in the event Russia extends beyond Ukraine, such as in Germany. Biden also believes that Putin is testing the Europe's resolve and unity, while diplomatic and economic sanctions take time, the costs of the sanctions would likely make Putin and his citizens weigh the costs of a war very soon, hopefully. Guess I am happy to know that no other countries want war. The scenario of a WWIII is less of a becoming. On a side note, US stocks had rebounded. Will STI be able to do the same? | ||||
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Adrianinsing
Elite |
24-Feb-2022 22:39
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Selling over done  Down 10% from recent $5.44 high Expect a bounce back above $5
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martin_shah
Member |
24-Feb-2022 20:36
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Sifting thru many sources. Mainstream. Citizen journalists. Observers. War correspondents. Etc.
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RL16EGG
Veteran |
24-Feb-2022 19:43
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Good to hear sia making $. But with the war escalating, i think best to focus on how far sia will sink to. another -36c tomorrow ? will 4$ beckon ? any input or chartists to advice ? |
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RL16EGG
Veteran |
24-Feb-2022 19:39
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interest to know your views on below.
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mrwonderful
Veteran |
24-Feb-2022 19:37
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Where you getting these updates? Tiktok?
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uiop1223
Supreme |
24-Feb-2022 19:31
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Crap.. where is SIA without taxpayers money? Make SIA repay money and no GST needed. | ||||
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Adrianinsing
Elite |
24-Feb-2022 19:30
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This is good news - finally turning around  I' m loading up tomorrow before it rallies  |
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lp2000
Elite |
24-Feb-2022 19:01
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https://links.sgx.com/FileOpen/bu-q3fy2122.ashx?App=Announcement& FileID=703429   SIA GROUP POSTS FIRST QUARTERLY PROFIT SINCE ONSET OF COVID-19 PANDEMIC
The Singapore Airlines (SIA) Group posted a quarterly profit for the first time since the onset of the pandemic, recording a third quarter net profit of $85 million. This came amid a significant step-up in air travel to and through Singapore in the October- December 2021 period, as well as continued robust demand and strong yields in the cargo market. Singapore&rsquo s launch of Vaccinated Travel Lane (VTL) arrangements and its subsequent expansion, as well as the Group&rsquo s nimble response that resulted in it being the first to open sales on almost all available routes, helped unlock pent-up demand during the year-end travel season. The Group carried 1.1 million passengers during the quarter, more than five times the number from a year before and double that of the second quarter of FY2021/22. Passenger capacity (measured in available seat-kilometres) grew 183.8% year-on-year, as the Group ramped up flights in response to the VTLs. By the end of the quarter, Group passenger capacity reached 45% of pre-Covid-19 levels. Improvements in passenger and cargo revenue resulted in the Group revenue rising $1,249 million (+117.1%) year-on-year to $2,316 million. Passenger flown revenue increased by $650 million (+355.2%) to $833 million, on the back of a 556.8% growth in traffic (revenue-passenger kilometres) that outpaced capacity expansion, resulting in the passenger load factor rising 18.9 percentage points to 33.2%. Cargo flown revenue rose by $607 million (+81.6%) to $1,351 million, surpassing the $1 billion mark for the first time and setting yet another new quarterly record. Robust demand during the traditional cargo peak period was buoyed by retail inventory restocking and strong e-commerce traffic. Cargo yields rose significantly (+26.9%) amid an ongoing industry capacity crunch. The expansion of operations resulted in Group expenditure growing $842 million (+60.2%) year-on-year to $2,240 million. This increase consisted of a $359 million increase (+131.0%) in net fuel costs, a $331 million increase (+26.0%) in non-fuel expenditure, and $152 million from the year-on-year impact of the fuel hedging ineffectiveness recorded last year and fair value changes on fuel derivatives. Net fuel cost rose to $633 million, mainly on higher fuel prices (+$330 million) and an increase in volume uplifted (+$173 million), which was partially offset by a swing from a fuel hedging loss to a gain (-$144 million). The increase in non-fuel expenditure by 26.0% was well within the 183.8% increase in passenger capacity and the 49.2% increase in cargo capacity. As a result, the Group recorded an operating profit of $76 million for the three months ended December 2021, versus a $331 million loss from a year before (+$407 million). OUTLOOK Singapore&rsquo s VTL arrangements have been a game changer for the SIA Group, facilitating quarantine-free mass travel for the first time since the pandemic began. While demand should continue to recover, especially on VTL services, passenger traffic is likely to moderate in the fourth quarter after the end of the year-end holiday season. The emergence of the Omicron variant in December 2021 resulted in the imposition of additional border restrictions by some governments. However, those measures gradually eased as concerns about the virulence of the variant abated. Several key markets have further relaxed testing requirements for incoming passengers, in line with their goal of living with the Covid-19 virus. The Group will remain nimble and proactive in adjusting its capacity and network, in tandem with the prevailing market conditions and regulations. The SIA Group will also remain alert to all revenue and growth opportunities that come its way. For example, SIA is operating dedicated flights between Singapore and Beijing between January and March 2022 in support of the 2022 Winter Olympics, transporting international officials and athletes to China for the Games. Following a record peak period in the third quarter of FY2021/22, overall air cargo demand is expected to ease in the fourth quarter. This is in line with seasonal fluctuations, and the traditional slowdown in exports during the Lunar New Year holiday period. Nonetheless, both air and sea freight capacities are expected to remain tight during the quarter, supporting loads and yields. Fuel prices have been trending higher and volatility is expected to persist in the months ahead. The Group will continue to keep a tight rein on costs, while supporting the expansion of operations in line with demand. |
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TheMysteryDay024
Senior |
24-Feb-2022 18:14
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SIA FINALLLY HAS PROFITS WOOHOOOOOOOOOOOOOOOOOOOOOO | ||||
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MARKWONG
Senior |
24-Feb-2022 18:14
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Big brother teach little brother a lesson.   |
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MARKWONG
Senior |
24-Feb-2022 16:54
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It is better to be a quick fight, then at least we know where the range of the bottom is around | ||||
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martin_shah
Member |
24-Feb-2022 16:20
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IMO, now that the Ukrainian Armed Forces is roundedly defeated & the country is being disarmed, Pres Zelensky will be presented with 2 choices. (1) Flee the country  (2) Comply with Russian demands to officially denounce plans to join Nato
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martin_shah
Member |
24-Feb-2022 16:11
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Russian tanks & troops in the outskirts of Kiev. Massive traffic jam - city dwellers trying to flee, caught surprised by the speed of the Russian advances & unexpected collapse of the Ukr defences.  Kiev Airport may have already fallen to Russian spetznas. Spotted 2 Turkish airbus planes, possibly to evacuate Ukrainian Pres. (To be verified)  In Donetsk & Lugansk, separatists forces surrounded Ukranian units, urging surrender. Neighbouring Mariopol city have fallen. DNR & Russian flags hoisted.  |
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lukewong82
Master |
24-Feb-2022 15:11
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may not leh.. next putin aiming for kiev .. then poland then yugoslavia etc...
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RL16EGG
Veteran |
24-Feb-2022 15:08
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uiop1223, congrats. since you have shorted when will you close your position if you have not yet close, and at what price?  
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lp2000
Elite |
24-Feb-2022 14:41
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I wish, but not sure if over within a day... but hopefully the effects on the international would be very limited. 
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Adrianinsing
Elite |
24-Feb-2022 14:18
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This war will be over within a day Timecto start buying now    |
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tongphlp
Supreme |
24-Feb-2022 14:09
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call to China for help, quick!
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martin_shah
Member |
24-Feb-2022 14:03
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Headquarters of the Ukrainian combined armed forces in Donbass have been hit. The entire command of the Ukrainian armed forces is now compromised. Leaders of the Ukr Azof units reportedly fleeing to Poland. Vids of Ukrainian Army casualties starting to circulate. Very soon we will see pics of POWs surrendering. |
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