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SIA revived
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martin_shah
Member |
22-Feb-2022 10:09
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Woke up this morning to read the unexpected. Pres Putin, who just a few days ago decided not to recognise the breakaway cities of Donetsk and Lugansk in spite of Russian Parliament' s overwhelming decision to do so, has reversed course to go ahead with the recognition. Russia has also signed defence agreements with the 2 new republics, at the request of their leaders. Putin then ordered immediate deployment of thousands " Peacekeepers" on the pretext of preventing genocide. As expected, USUK ordered the much-anticipated " sanctions from hell" . Europe wants to wait & see what Russia does next. This could go either way: (1) the beginning of the end, ie ALL-OUT WAR, ie Ukraine doubling down to take on hypersonic nuclear Russia (and risk ending up loosing more territory). Nato breaks away from its long-held tradition of not confronting " the Bear" directly & joins in to rescue Ukraine. If Nato is defeated by Russia (the unthinkable!), Europe breaks free from US umbrella.  (2) the end of the beginning, ie NO WAR, ie cessation of hostilities that began in 2014 and ended up with a precarious armistice " Minsk Agreement" that was on the verge of collapsing anyway. Nato, used to taking on weak adversaries like Talibans & Serbs, decides that Ukraine, not even a nato-member, is not worth it, and sits out. Ukrainian conscript army, except for the far-right neo-Nazi elements in the rank & file, refuse to fight the Russians.    As expected, Gold moved up overnight. This presents opportunity to enter (at the top end?) or exit your $2000 per ounce holding.  |
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tongphlp
Supreme |
22-Feb-2022 09:55
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China and Russia = New World Leaders..
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Joelton
Supreme |
22-Feb-2022 09:42
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SIA Engineering posts S$33.2m net profit in Q3, lifted by one-time write back
SIA Engineering SIA Engineering: S59 0% , the maintenance arm of Singapore Airlines SIA: C6L -0.55% , posted a net profit of S$33.2 million for the third quarter ended Dec 31, 2021, up S$25.5 million from S$7.7 million the previous year, it said in a business update.
 
Excluding government wage support and a one-time write back of tax provisions, SIA Engineering would have been in a loss position of S$7 million.
 
Even with the progressive opening of vaccinated travel lanes, the group said on Monday (Feb 21) that recovery remains uncertain given that recent spikes in Covid-19 cases as a result of the Omicron variant has disrupted international air travel.
 
The group recorded revenue of S$140 million for the quarter, 33.8 per cent higher than the S$104.6 million reported over the same period the previous year. This was attributed to the increase in transit handling-related revenue due to the higher number of flights handled.
 
Expenditure rose at a higher rate of 42.8 per cent to S$147.8 million as the government wage support weaned. Excluding the impact of government wage support, expenditure would have increased by just 12.4 per cent.
 
Earnings per share stood at 2.96 Singapore cents as at Dec 31, 2021 from 0.69 cents the year before. Net asset value per share came in at 142.4 cents compared with 135.8 cents previously.
 
The number of flights handled at the group' s Singapore base was 65 per cent higher year-on-year and 17 per cent higher quarter-on-quarter. While this volume of flights handled is only at 31 per cent of pre-pandemic volume, the group said the recovery trend is encouraging.
 
SIA Engineering said that it will strengthen its maintenance, repair and operations (MRO) ecosystem and sustainable growth beyond the pandemic.
 
It has, for instance, pursued business expansion and extended its geographical reach through acquiring a 75 per cent stake in SR Technics Malaysia, which boosts the capabilities of its newly formed component services division.
 
On the sustainability front, SIA Engineering has successfully tested the use of sustainable aviation fuel. Its subsidiary, SIA Engineering (Philippines) Corporation, also recently signed an agreement to collaborate with an aircraft part-out specialist to provide sustainable, end-to-end aircraft recycling solutions
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ruanlai
Elite |
21-Feb-2022 17:50
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Singapore Airlines plane &lsquo drifting&rsquo with expert piloting skills during London safe landing amazes millions of viewers worldwideSingapore Airlines plane &lsquo drifting&rsquo with expert piloting skills during London safe landing amazes millions of viewers worldwide (msn.com) |
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ruanlai
Elite |
20-Feb-2022 16:03
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So long as China never ask their people to leave, there should be no war....... All the nosies are from US and UK......they need war to create more sales of weapons....... |
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Adrianinsing
Elite |
19-Feb-2022 20:34
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Zero impact on share price or on upward trend 🚀   Look for $5.56 very soon then $5.70 in extension    Will be $6 by May 2022 |
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fatpig
Senior |
19-Feb-2022 17:49
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Singapore plans to dramatically increase the tax it levies on greenhouse gas pollution from its biggest emitters from 2024. The move &ldquo signals the government&rsquo s seriousness to meet its climate goals,&rdquo said Terence Chua, an analyst at Phillip Securities Research Pte. &ldquo Companies such as Sembcorp Industries and Keppel Corp  will benefit from their early push to reduce carbon emissions.&rdquo Conversely, emissions-heavy companies such as Singapore Airlines  will be affected negatively, Chua added. | ||||
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Adrianinsing
Elite |
18-Feb-2022 23:01
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SIA was well bid on Friday  Looks to be on way to $5.56 then $5.70 |
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Ligaya
Master |
18-Feb-2022 11:10
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spot on, if chinese evacuated the signal is clear think as long ukraine  separatist borders with majority  ethnic Russians are undisturbed, status quo goes on
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ROUTE66
Member |
18-Feb-2022 10:57
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I' m impressed by your comprehensive and in-depth analysis ! I will only be convinced that a war between Russia and Ukraine is imminent unless and until Xi Jinping similarly orders the Chinese people out of Ukraine, something which he has not done so.
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martin_shah
Member |
18-Feb-2022 09:59
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We also have to take into context that the mid-term elections is right around the corner. Biden isnt doing so well in his ratings, and the Dems are panicking at the prospect of a one-term Biden administration coming to its premature end in nov 2024, two short years away. US domestic politics is much behind the "Russian Invasion" hysteria. "The Russians are coming!!" run for your lives...!! But Germany and France aren't playing along this hysteria. They dont want war. They are reliant on cheap Russian gas.
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Adrianinsing
Elite |
18-Feb-2022 09:51
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Yes you could be correct  There could be very short term ) 1/2 day) fall ... then a larger relief rally sends market higher after war starts 
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martin_shah
Member |
18-Feb-2022 09:36
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"Russia is invading Ukraine" because Biden said so, and this is trumpted by US & UK media, the same media that like to beat the war drums. Biden said Russia will invade on 16 Feb. But 16 Feb came & gone with no Russian invasion. Biden was made to look stoopid. Next, they said tue invasion is postponed to 20 Feb. When pressed for the evidence of an imminent Russian invasion, Biden could not give one. 20 Feb will come & go with no Russian invasion, and they will then give another date. What Russia has said is that if Ukrainian Army attack the Donbass (eastern Ukraine region) where thousands of Russian passport holders live, Russia will counter attack proportionately under R2P (responsibility to protect) allowed under the UN Charter. We have seen this when Russia went into South Ossetia in 2008 to kick out Georgian Army and protect ethnic Russians living there. It was a one-two punch operation that showed the decisive & immense power of the Russian army. The Russian army went in, got the job done, and left. Russia has also given the ultimatum that if the 150,000 Ukrainian Army troops (now amassing at the line of contact) attack the Donbass region, Russian Army will blow them to smithereens and take out all Nato security systems in Europe. This is a powerful deterrence against any Ukrainian attack. Reliable sources also say that most of the Russian troops amassing near Ukrainian border have already returned to their barracks after completing their war games. But Western media say otherwise. Its a question of who you want to believe. | ||||
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tongphlp
Supreme |
18-Feb-2022 09:00
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Strategy of Sun Zi indeed....will history repeats itself?....
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PhillipTan
Supreme |
18-Feb-2022 08:14
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先 下 手 为 强 Ever heard of that? Ukraine may have the upper hand if they strike first unexpectedly without any warnings ![]() Can try to google the very famous 6-day war Israel vs 6 countries and won the battle within 6 days Israel got the upper hand by striking at Egypt first and catching them unaware and the rest is history Lol  
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lukewong82
Master |
18-Feb-2022 07:25
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Actually the war is limited to Ukraine just like last time Russia take over Crimea. The unknown factor is the one making the market drop. I willing to bet once the war starts and USA or Europe are not involved, market will rally back aka relief rally becos one unknown has been removed. I think Ukraine is naive to think USA and the western countries will help once Russia attack. Look at Syria, Look at Afhganistan .. Ukraine will be left to itself once Russia attack and then keep occupied. If I am president of Ukraine, I would not trust USA and its allies seeing what happened to Syria and Afhganistan.  I rather just tell Russia I will not join NATO.
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pasttime
Supreme |
18-Feb-2022 06:26
Yells: "gold silver are real money. not others iou." |
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this plane has too heavy load of debt to take off effectively. but the controller is putting lots of horse power in it. maybe can still fly low with all competitors in reduce capability mode. war? what war? 98% no have. if it happen will be time to buy as that uncertainty will be removed. then concentration will turn to war related business like st eng.  |
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Adrianinsing
Elite |
18-Feb-2022 05:11
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The Russian situation is deteriorating minute by minute    If Russia invades Ukraine and China uses the opportunity to take Taiwan then the markets could tank precipitously    I' m still fully invested but it' s starting to be concerning and I' m ready to sell if I see any announcement of war  |
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RL16EGG
Veteran |
17-Feb-2022 16:12
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my view is mkts have priced in fed hike but not russian-ukraine war. its anybody' s guess whether the first shot will be fired or not. if it happens, panic selling is inevitable. be prepared to buy on dip. once the dust is settled, temasek backed sia would no doubt cheong, considering the borders reopening and relaxation of covid rules in several countries including sin.   |
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SemiCon-Sunset
Member |
17-Feb-2022 15:43
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Where is the share price relative to where it was before COVID? Why would it sky rocket , wasnt SIA at almost full capacity before COVID. Or are you implying SIA gonna whack prices and milk the public for all they cam due to folks want to travel? After receiving Billions of Tax payer money via Temasek buying share offers, you would hope they would help the public out. | ||||
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