| Latest Forum Topics / SIA Last:6.94 -- |
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SIA
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Kai189
Veteran |
25-Mar-2020 10:07
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thanks bro.... wise words..  i look at the Time n Sales chart... again small lots traded... realy catch shortists and contra players.  
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ronleech
Elite |
25-Mar-2020 10:05
Yells: "Believe in yourself. Ride with the waves......" |
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Should be retreating as days goes by... The push yesterday was likely a trap.... Good luck | ||||
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Justice888
Supreme |
25-Mar-2020 10:00
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I feel is short coverings
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Papason883883
Senior |
25-Mar-2020 09:59
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Congrats bro. So do u thinks it?s delisting or rights issue?
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danger
Supreme |
25-Mar-2020 09:58
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Wrong i huat all the way from bottom
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Papason883883
Senior |
25-Mar-2020 09:47
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wise Words. | ||||
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Justice888
Supreme |
25-Mar-2020 09:44
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I think best is to stay sidelines for now . Mkt directions unclear . The chiong up could be short coverings.
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Papason883883
Senior |
25-Mar-2020 09:43
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New players be careful. Don?t see futures and market Cheong just Cheong in. Will lose pants.
2 scenarios now. If SIA get delisted - very good and congrats If SIA offers rights, if you contra no money to buy to average down, and apply excess rights, is it worth? Remember, many people are dying to fly, and will recover fast after virus. But can the money given to them tahan? N Minister Gan still mentioned that around 1k Singaporeans fly per day despite warnings. So the virus thing will not die down so easily. Just my thoughts. Trade with care. Study first before u Cheong in to save your underwear |
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Justice888
Supreme |
25-Mar-2020 09:39
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Better don?t short today. May catch shortist again
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HTHT1989
Senior |
25-Mar-2020 09:36
Yells: "Huat ah!" |
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Short term up, falling down alr | ||||
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Kai189
Veteran |
25-Mar-2020 09:30
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nice.  its correct i cover back yesterday. today so hiong at 6.23... again small lots play... hard to short
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danger
Supreme |
25-Mar-2020 09:27
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Huat time to take profit soon | ||||
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danger
Supreme |
25-Mar-2020 08:35
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HUAT AH
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shk363
Elite |
25-Mar-2020 08:23
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US airline stocks all huat. dont miss this boat | ||||
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TA_Expert
Supreme |
24-Mar-2020 23:52
Yells: "The World has changed" |
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This is not the way a buyer offers a price to takeover a company. It is not based on current market price. This is to prevent manupulation by certain parties under takeover codes. Normally, it will be based on a formulae, e.g. past 6 months weighted average price. Using SMRT delisting as an example by Temasek. SMRT was listed in 2002 at $0.61 per piece. After 14 years, in 2016, Temasek offered $1.68 per share to privatise the company. NAV was $0.521 when Temasek made the offer. If you bought at the IPO price and kept it for 14 years, your return is 175.41% excluding dividends. Of course during the course of 14 years, many investors chased the stock, some who bought at $1.95 or higher. These group of investors may lose a bit but the years of dividends may be able to cover up or reduce the losses. The offer was very reasonable, and many houses recommended investors to accept the offer. Back to SIA, if Temasek will to offer $2 or $3 to take it private, it will be seen as daylight robbery, and many minority shareholders will not approve the deal. Temasek won' t do such a thing as it will tarnish its reputation. Based on the latest financial result, SIA' s NAV is $11.22. The current quarter is definitely a lose making. What SIA is facing now is cash flow. It needs money to pay salaries, etc to keep the company running. I can' t say for sure that Temasek will offer $7.60 but it is definitely not $2 or $3. It takes SIA more than 30 years to build its empire but it just takes a health crisis to bring it to its knees. All the pioneers / old guards of the government / stakeholders efforts have gone to waste. Hopefully the current 4G leaders are able to help the company. This is a testimony of their abilities.
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Justice888
Supreme |
24-Mar-2020 22:44
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I think she shorted 10000 shares at avg of $6.80... already cover this morn at $5.30.
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Kai189
Veteran |
24-Mar-2020 22:37
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she may have shorted at high $5s?  did she cover back... must conserve the amo to fight another day.. right? :)
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Justice888
Supreme |
24-Mar-2020 22:19
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A reason to up .. been down too many days
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iluvgambling
Master |
24-Mar-2020 22:13
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stimulus package will help ??? all over the world also billions of stimulus package still crash lol | ||||
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Justice888
Supreme |
24-Mar-2020 21:51
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Do charity ?
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