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Surin888 Senior	13-Apr-2020 19:51        Surin888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	When will the rights being issued? No updates at all after their announcement last month
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Justice888 Supreme	13-Apr-2020 19:04        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree AhLiang      ( Date: 13-Apr-2020 18:39) Posted: This only happens in a bear market hence the terminology 'bear rally'. And of course you don't see it in a bull market. So it is all normal. Justice888      ( Date: 13-Apr-2020 18:05) Posted: The more bad news the more the stock will perform..
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AhLiang Elite	13-Apr-2020 18:39        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	This only happens in a bear market hence the terminology 'bear rally'. And of course you don't see it in a bull market. So it is all normal. Justice888      ( Date: 13-Apr-2020 18:05) Posted: The more bad news the more the stock will perform... lennon1986      ( Date: 13-Apr-2020 17:48) Posted: Issue rights issue bonds is ok, the stock will still rise
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Justice888 Supreme	13-Apr-2020 18:05        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The more bad news the more the stock will perform... lennon1986      ( Date: 13-Apr-2020 17:48) Posted: Issue rights issue bonds is ok, the stock will still rise
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lennon1986 Member	13-Apr-2020 17:48        lennon1986 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Issue rights issue bonds is ok, the stock will still rise
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AhLiang Elite	13-Apr-2020 14:50        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sorry typo : Lufthansa. 1 million Euro per hour
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AhLiang Elite	13-Apr-2020 14:38        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	According to CEO Lutansa, the airline is making losses at the rate of 100 millions Euro (S $1.55m) per hour and needs the nation''s help to survive. The daily passengers number now is 3000 compared to 350,000 before. All scoots planes are now grounded while SIA has about 3 flights a day to carry cargo (yes passenger planes almost with no passengers on board but loaded with cargo). Recently the cargo are mainly face masks and protective gears from China to Europe via Singapore.
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SmallSmall Supreme	13-Apr-2020 08:29        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	SINGAPORE AIRLINES LIMITED (Incorporated in the Republic of Singapore) Company Registration No.: 197200078R ANNOUNCEMENT PROPOSED RENOUNCEABLE RIGHTS ISSUE OF (A) UP TO 1,777,692,486 NEW SHARES IN THE CAPITAL OF SINGAPORE AIRLINES LIMITED (THE &ldquo COMPANY&rdquo ) AND (B) UP TO S$3,496,128,555 IN AGGREGATE PRINCIPAL AMOUNT OF MANDATORY CONVERTIBLE BONDS (THE &ldquo RIGHTS ISSUE&rdquo )
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Observers Elite	13-Apr-2020 08:05        Observers About Contact  Quote this Post!
x 1   x 0  Alert Admin	The purpose of SIA participating in the public equity markets is to raise (cheaper) money when necessary. This helps its competitiveness against other national airlines balance sheets. AhLiang      ( Date: 11-Apr-2020 21:47) Posted: If SIA has enough cash to tie over the pandemic, there is no need for the rights issue. It is calling for cash from the public at the expense of share dilution and a definite drop because of a perceived cash flow problem if Covid drags on. The whole world has to be clear of Covid before it can return to the pre-Covid normalcy. For example if all except Indonesia are cleared of it, the world still cannot free-up. Ah Kong is not interested in shares price. It only doesn't want SIA to file for Chapter 11. And Ah Kong is not know to pump or dump or support or what not with tax payer''s money. SIA too, I believe doesn't have an in-house trading dept like the banks and ....we all know which ones. So ex-right, it will just float with the market forces.
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oreocookie Senior	12-Apr-2020 13:33        oreocookie About Contact  Quote this Post!
x 0   x 0  Alert Admin	I would personally avoid airline stocks... they get hit for this and that reasons. sigh.
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famouspinky Supreme	12-Apr-2020 11:44        famouspinky About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha now u know. Already know who is genuine and who is talking nonsense. AhLiang      ( Date: 12-Apr-2020 06:23) Posted: It is a shame of you to have seld-proclaimed yourself as 'expert'. My foot 'expert'! Talk like sing song Ah Kong lah Ah Kong leh. Take my challenge : If SIA doesn't soar to $8 and above in 6 months apologise and FO. TA_Expert      ( Date: 11-Apr-2020 20:50) Posted: You are super childish. When an anlayst makes a buy or sell call, and it didn' t materialise in the end, does he or she need to resign from the company. It is just an opinion, take it with a pinch of the salt, just like whoever said in this forum. You are entitled to your bearish view, while I am more positive
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AhLiang Elite	12-Apr-2020 06:23        AhLiang About Contact  Quote this Post!
x 0   x 1  Alert Admin	It is a shame of you to have seld-proclaimed yourself as 'expert'. My foot 'expert'! Talk like sing song Ah Kong lah Ah Kong leh. Take my challenge : If SIA doesn't soar to $8 and above in 6 months apologise and FO. TA_Expert      ( Date: 11-Apr-2020 20:50) Posted: You are super childish. When an anlayst makes a buy or sell call, and it didn' t materialise in the end, does he or she need to resign from the company. It is just an opinion, take it with a pinch of the salt, just like whoever said in this forum. You are entitled to your bearish view, while I am more positive. AhLiang      ( Date: 11-Apr-2020 20:41) Posted: Don't BS 'Expert'. And don't mislead. I don't think you are 'expert' at all. If SIA soar to $8 and above in 6 months I will apologise to you and leave this forum. Would you do likewise if your claim did not come true?
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AhLiang Elite	11-Apr-2020 21:47        AhLiang About Contact  Quote this Post!
x 0   x 0  Alert Admin	If SIA has enough cash to tie over the pandemic, there is no need for the rights issue. It is calling for cash from the public at the expense of share dilution and a definite drop because of a perceived cash flow problem if Covid drags on. The whole world has to be clear of Covid before it can return to the pre-Covid normalcy. For example if all except Indonesia are cleared of it, the world still cannot free-up. Ah Kong is not interested in shares price. It only doesn't want SIA to file for Chapter 11. And Ah Kong is not know to pump or dump or support or what not with tax payer''s money. SIA too, I believe doesn't have an in-house trading dept like the banks and ....we all know which ones. So ex-right, it will just float with the market forces.
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Justice888 Supreme	11-Apr-2020 21:31        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	After rights issue then c TA_Expert      ( Date: 11-Apr-2020 21:22) Posted: I would agree with you. Wait for the share price to go under $5. Justice888      ( Date: 11-Apr-2020 21:08) Posted: I got my answer from this article https://www.google.com.sg/amp/www.asiaone.com/money/why-im-not-buying-sia-shares-even-after-temasek-promised-save-it%3famp Key points below extracted : Based on SIA's current share price of $6.03, I will get shares for an average price of $4.21 each if I buy in today and subscribe to the rights issue. That seems cheap - but it really is not. As of 31 December 2019, SIA had a net asset value per share of $10.25. But that will drop substantially after the rights issue. The rights issue will increase shareholders' equity from $12.1 billion to $17.4 billion, or an increase of 43 per cent from 31 December 2019. At the same time, the number of shares will increase from 1.2 billion to 3 billion. After the dilution, the net asset value per share will fall to around $5.80 per share based on SIA's last reported financials. I also expect SIA's net asset value per share to fall even more than that because of the heavy losses suffered as a result of the Covid-19 pandemic. In the quarter ended 31 December 2019, Singapore Airlines incurred about $800 million in staff costs, $210 million in aircraft maintenance expenses, and $522 million in depreciation. Most of these fixed costs will likely still need to be accounted for during the period of near-zero flights, despite SIA grounding its planes. These costs add up to around $0.50 per share per quarter. Together with the upcoming dilution and the heavy losses, Singapore Airlines' shares could have a net asset value of close to or even less than $5.30 per share in the future, depending on how long the pandemic lasts.
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TA_Expert Supreme	11-Apr-2020 21:22        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	I would agree with you. Wait for the share price to go under $5. Justice888      ( Date: 11-Apr-2020 21:08) Posted: I got my answer from this article https://www.google.com.sg/amp/www.asiaone.com/money/why-im-not-buying-sia-shares-even-after-temasek-promised-save-it%3famp Key points below extracted : Based on SIA's current share price of $6.03, I will get shares for an average price of $4.21 each if I buy in today and subscribe to the rights issue. That seems cheap - but it really is not. As of 31 December 2019, SIA had a net asset value per share of $10.25. But that will drop substantially after the rights issue. The rights issue will increase shareholders' equity from $12.1 billion to $17.4 billion, or an increase of 43 per cent from 31 December 2019. At the same time, the number of shares will increase from 1.2 billion to 3 billion. After the dilution, the net asset value per share will fall to around $5.80 per share based on SIA's last reported financials. I also expect SIA's net asset value per share to fall even more than that because of the heavy losses suffered as a result of the Covid-19 pandemic. In the quarter ended 31 December 2019, Singapore Airlines incurred about $800 million in staff costs, $210 million in aircraft maintenance expenses, and $522 million in depreciation. Most of these fixed costs will likely still need to be accounted for during the period of near-zero flights, despite SIA grounding its planes. These costs add up to around $0.50 per share per quarter. Together with the upcoming dilution and the heavy losses, Singapore Airlines' shares could have a net asset value of close to or even less than $5.30 per share in the future, depending on how long the pandemic lasts. Justice888      ( Date: 11-Apr-2020 20:43) Posted: If I not wrong. U predict $8 after virus clear. The theoretical ex rights price is $4.29. Assume share price of $6.50. So SIA mkt value will be more at $8? Correct ? Sorry my understanding not very good. Please pardon me if I wrong. I not professional. I here to lear
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TA_Expert Supreme	11-Apr-2020 21:21        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Don' t waste time replying to shortists who spread fear and negativity energy during this period of time. Shortists have their own agendas, they are not saints to help you to make money. Just like many people complaining about analysts' calls.
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Justice888 Supreme	11-Apr-2020 21:08        Justice888 About Contact  Quote this Post!
x 1   x 0  Alert Admin	I got my answer from this article https://www.google.com.sg/amp/www.asiaone.com/money/why-im-not-buying-sia-shares-even-after-temasek-promised-save-it%3famp Key points below extracted : Based on SIA's current share price of $6.03, I will get shares for an average price of $4.21 each if I buy in today and subscribe to the rights issue. That seems cheap - but it really is not. As of 31 December 2019, SIA had a net asset value per share of $10.25. But that will drop substantially after the rights issue. The rights issue will increase shareholders' equity from $12.1 billion to $17.4 billion, or an increase of 43 per cent from 31 December 2019. At the same time, the number of shares will increase from 1.2 billion to 3 billion. After the dilution, the net asset value per share will fall to around $5.80 per share based on SIA's last reported financials. I also expect SIA's net asset value per share to fall even more than that because of the heavy losses suffered as a result of the Covid-19 pandemic. In the quarter ended 31 December 2019, Singapore Airlines incurred about $800 million in staff costs, $210 million in aircraft maintenance expenses, and $522 million in depreciation. Most of these fixed costs will likely still need to be accounted for during the period of near-zero flights, despite SIA grounding its planes. These costs add up to around $0.50 per share per quarter. Together with the upcoming dilution and the heavy losses, Singapore Airlines' shares could have a net asset value of close to or even less than $5.30 per share in the future, depending on how long the pandemic lasts. Justice888      ( Date: 11-Apr-2020 20:43) Posted: If I not wrong. U predict $8 after virus clear. The theoretical ex rights price is $4.29. Assume share price of $6.50. So SIA mkt value will be more at $8? Correct ? Sorry my understanding not very good. Please pardon me if I wrong. I not professional. I here to learn TA_Expert      ( Date: 11-Apr-2020 20:35) Posted: Please don' t be mistaken. I am not asking you to buy at $6 or higher. I am looking at much cheaper prices since so many shortists around. Why would I buy at $6 or higher? I am waiting for the shortists to push it down to $3 and below.  Let see whether they can fight with Ah Kong.
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TA_Expert Supreme	11-Apr-2020 21:00        TA_Expert About Contact  Quote this Post!   Yells: "The World has changed"
x 0   x 0  Alert Admin	Of course I know that you made money when you shorted at the beginning from 9 March before Temasek announced the rescue plan.  All shortists made money in that week or two before the rally begun. What I am asking you whether you dare to short now since you are so bearish about the company. Do you still have short posiiton in SIA? Obviously no. uiop1223      ( Date: 11-Apr-2020 20:54) Posted: Lol. I shorted SIA till no meat. It give me 5 digit profit. Thank you ah gong, ah ma... Why shld i continue to incur daily charges. I set a TP, once achieve, move on. But i definitely will not buy this junk stk TA_Expert      ( Date: 11-Apr-2020 20:47) Posted: You yourself is also crying baby, said so much but dare not short SIA....... You are smart to ask others to short, so that you can reap the benefits
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backdoorbandit Member	11-Apr-2020 20:56        backdoorbandit About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think the longer your time horizon the better the chances of the share price eventually appreciating. In 6 months i doubt it will move significantly higher or lower. I would suggest to those with the holding power to view it as a 3-5 year investment, the shorter your time horizon the more luck you need to flip to make a profit. I suck at gambling so i prefer to invest with a long term view beyond 3 years at least. AhLiang      ( Date: 11-Apr-2020 20:46) Posted: SIA will definitely stay afloat. No one will dispute that. The question is how much is the share price ex-rights and 6 months from now. The so-called expert talked like sing song Ah Kong and so forth....those are not the issues. The planes will fly again for sure. And the shares price will be below pre-Covid time for a long time to come. backdoorbandit      ( Date: 11-Apr-2020 20:26) Posted: Thanks to the CB or whatever you want to call what we are currently in, its given everyone time to sit and reflect. For the purpose of transparency i am invested and long SIA and plan to purchase all of my entitled rights. However I have some thoughts on both sides of the coin that I think are important. The govt has literally made it clear that they will throw everything including Temasek, DBS Bank and the kitchen sink to keep it afloat. Its not a matter of financial strategy its a matter of face, so unless anyone here has more money than the Govt of Singapore plus Temasek plus DBS Bank if you are short SIA, you are gonna be burnt slowly but surely. SIA will survive this and chances are do well in the coming 3 - 5 years. Why? well look and read the link below. Everyone is speculating on what travel will look like on the other end of this, well look at CNN' s article on China after the Wuhan lockdown was lifted. Its clear everyone is a bit tentative to travel, however and i quote " According to Trip.com, roughly 61% of Chinese travelers surveyed indicated that they would feel ready to travel again by August" . Bottom line humans have a short memory, in time this will be a distant memory and we are geared to travel and explore as a species. So SIA will do well its a done deal. https://edition.cnn.com/travel/article/china-travel-recovery-domestic/index.html But... thats not the end of it. What the Govt did was basically ring fence and pretty much bail out SIA. What about the Grab Driver, the SME' s, the F& B cafes, the Shops inside malls, what did they get? $600 each, plus maybe $1000 for 9 months. Businesses get 75% of local wages (just for April mind you), and business are supposed to beg their landlord for the so called property rebate. Sure its Law now, but good luck trying to get that money from your landlord. As a business owner my staff have been told to work from home, their kids have been told to stay home, and everyone is told not to visit their grandparents to drop kids off. So somehow everyone lucky enough to still have a job has to work and do home based learning for your kids and also make sure NEA officers dun catch you loittering at your void deck when you go down to catch some air. If the govt wanted to make everyone whole they would tell each and every freelancer, show me your iras declaration and I will pay you your entire months salary and make you whole. Each and every business that stays closed cos of CB I will pay your rent and 100% of your staff cost, that would be a fair deal but no, here is 600 the rest you ownself figure out. SIA is lucky, they did not save money for a rainy day, besides being in the transportation business they decided to also be oil traders and made silly hedges, and their CEO now takes a 30% paycut, while the SIA crew and look forward to a fulfilling career as GrabFOOD delivery riders and basically being deployed to do everything from nursing to cleaning foreign worker dormitories. Yes a company like this is allowed to make a rights issue, get an automatic credit line of 4B (thats Billion with a B USD) from DBS and probably unlimited support from the Govt and Temasek to stay afloat. Not surprising. So as an SIA shareholder sure I am certain to make money down the road cos I am betting in a game where the rules dun apply and the game is pretty much rigged. But in the real world where the rest of us live in, you best get used to eating sardines and saving part of that 600$ to pay that $300 fine that will be coming for loittering at your void deck. just some perspective...
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uiop1223 Supreme	11-Apr-2020 20:54        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Lol. I shorted SIA till no meat. It give me 5 digit profit. Thank you ah gong, ah ma... Why shld i continue to incur daily charges. I set a TP, once achieve, move on. But i definitely will not buy this junk stk TA_Expert      ( Date: 11-Apr-2020 20:47) Posted: You yourself is also crying baby, said so much but dare not short SIA....... You are smart to ask others to short, so that you can reap the benefits. uiop1223      ( Date: 11-Apr-2020 20:44) Posted: Now use ah gong ah ma again... u crybaby. When will u grow up? May as well go work in temesak as toliet cleaner so that u can repay ur ah gon
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