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SIA
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TA_Expert
Supreme |
26-Mar-2020 19:14
Yells: "The World has changed" |
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Are you wishing more negative news on SIA so that the share price will go down to $1 or even crazy price like $0.50 to reflect the crisis, so that you can scoop them up at lelong prices in anticipation of a recovery in 6-12 months time? The question is will Ah Kong allows it to go down to $1 or ultra low level? Last week at $5, still not cheap? People are greedy that they want to buy at $2 or $3 which I can understand. You can wait for that price but I will start buying at $5++, and more if it drops further. |
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TA_Expert
Supreme |
26-Mar-2020 19:08
Yells: "The World has changed" |
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On the same note, what is the point of you keeping telling people that SIA won' t bankrupt? The whole world knows that SIA won' t bankrupt. What are driving at? To sell or to buy, simple as that. Are you suggesting that investors should sell all their shares as it will go down to $2 or $3, and then scoop it up?
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Justice888
Supreme |
26-Mar-2020 19:03
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Everybody want to buy cheap.. even if share price drop to $4 or $5.. Sia will not fail... why u keep saying those who want to buy cheap SIA wish for SIA downfall.
I want the price to drop to reflect the actual situation so I have a chance to be vested in this co . But I don?t want SiA to fail and I believe it will not be brankrupt or gone . U keep repeating this . Once got comment on price drop u will say they want Sia to fail ... I really don?t understand bro
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TA_Expert
Supreme |
26-Mar-2020 18:57
Yells: "The World has changed" |
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It doesn' t matter about the right issuance or the price. Price volatility will stay during this period. Only those who investors who stick with the airline during the difficult time will be handsomely rewarded in the future. Anyway, I know that you wish the downfall the SQ, etc so that you can make a killing on the short side.
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Shifu8888
Supreme |
26-Mar-2020 18:47
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I do not know where your confidence stems from. What if it si a 1:2 rights at $2 per shares? You go count the ex rights price. I am not vested. I suggest don count the chickens before they are hatched.
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cheongweevictor
Supreme |
26-Mar-2020 18:31
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yes true,, i think most coy  will cut div..  
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Andynkl
Senior |
26-Mar-2020 18:29
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Do bear in mind, if business suffers, SIA can also cut or not pay dividends..
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cheongweevictor
Supreme |
26-Mar-2020 18:29
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yep,, agree dont chase.. can do a FIFO tomorrow..  i read that article by Dr wealth,, talk sense... if virus lasted one year, they are in deep shit.. it is assume they last only 6 mths
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Shifu8888
Supreme |
26-Mar-2020 18:27
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Honestly.. no. I would rather buy Ocbc or UOB or Dbs. Certainly not SIa. It has not traded above NAV. Their book value will be reduced to $7 soon. And with rights prices. It will correct to about $5 depending on the size of issuance.
It will still survive... but if protracted and prolonged viral situation. There may be another round but I hope this round, this do it impactful.... I guess will release announcement over the weekend....
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Andynkl
Senior |
26-Mar-2020 18:24
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Of course it will survive.. This is NATIONAL ICON. But do also bear in mind, the fundamental issue & the depleted balance sheet for the coming months...
Needs to buy at the right price & don't chase because if markets is down, it will also follow.
This is my view.. dyodd.. Thanks
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cheongweevictor
Supreme |
26-Mar-2020 18:15
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dont need lah,, Ah Kong give them money.,. DPM Heng already told us..
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Andynkl
Senior |
26-Mar-2020 18:14
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https://www.drwealth.com/singapore-airlines-sgx-c6l-faces-cashflow-challenges-and-a-rights-issue-is-imminent/ Found this, interesting...you will understand more . | ||||
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Rammerjammer
Veteran |
26-Mar-2020 17:52
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Good point. Those KPKB sinki will never make it in life. If stock market behave like most simpleton thinking then there is no HNW rich people in the world.
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Starship
Supreme |
26-Mar-2020 17:22
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Rammerjammer
Veteran |
26-Mar-2020 17:19
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Worry so much for what.. Ah gong just switch on money printer can liow... You talk till cow come comes home also no use.. LOL | ||||
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uiop1223
Supreme |
26-Mar-2020 17:15
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Agree but this doesnt mean SIA share will go back $10. It just means it can continue to pay its debts and remain alive. Remain in ICU for next 6mths | ||||
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john_ric
Supreme |
26-Mar-2020 17:15
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it wont bankrupt with this goc help. but to go back to the previous high share price will depend on how much profit sia can make. in the immediate future it can only make a loss as most planes are grounded.   |
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Shifu8888
Supreme |
26-Mar-2020 17:05
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Thanks
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Rammerjammer
Veteran |
26-Mar-2020 17:00
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Tomorrow Great Way to fly liow... Fuat Ah! | ||||
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ronleech
Elite |
26-Mar-2020 16:52
Yells: "Believe in yourself. Ride with the waves......" |
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ya...looks like in pretty bad shape... with this virus thingy making it worse... dilution might be inevitable... | ||||
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