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SIA
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Shifu8888
Supreme |
24-Mar-2020 21:42
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Nav per share: $9.90
Mark to market impairment for hedging of oil price: Minus $2.00 Nav per share: $7.90 No TOP line sales. Loss per share: you go count the impact on the book. Today?s price up is a classical DEAD 🐱 bounce. Tmr May GAP up and it is a GRAND GOLDEN TIME to short it back to $5. Right price is $5. Rights price is $2. It will be a challenge to see $5 till next year. Do you think I am wrong. Who dare to say I am 100% wrong? |
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lighter87
Master |
24-Mar-2020 20:59
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Why nationalise at 7.60 when they can buy cheaper in next few months.
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Justice888
Supreme |
24-Mar-2020 20:37
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No . My sis in law did
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Kai189
Veteran |
24-Mar-2020 20:21
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  2 lots. not a big player i admit. just looking to earn some kopi lui.. did u short as well? 
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Justice888
Supreme |
24-Mar-2020 19:56
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Why $7.60?? If they let the price drop and buy back later. They can buy at cheaper price . All want to buy Low. Why they want buy high ?
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Justice888
Supreme |
24-Mar-2020 19:53
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U shorted how many ? A lot?
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Kai189
Veteran |
24-Mar-2020 19:39
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nope. i use cfd. i think i short quite near the bottom... closing was 5.89...will burst my cfd ...maybe i can learn from the shi fu here .... look at SATS... rebound quite strongly my guess is squeezing shortist...the lots bot and sold and the low volume....  
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uiop1223
Supreme |
24-Mar-2020 19:24
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Never mind la. Expert says ah gong will bail out. So they can hedge whatever price they like. Any problem ah gong take care
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Goldfinger
Supreme |
24-Mar-2020 19:14
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It depends on the price of oil at end-March.   How can SIA be so dumbo to hedge at the wrong prices. These happened to so many companies before.
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uiop1223
Supreme |
24-Mar-2020 19:13
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Lol.. i short at way above $7.60
Anyway, i expect govt to defer or waive airport charges and levies for 2020. Maybe loan guarantee. Still SIA will report massive loss on no revenue plus oil hedges. Since you pointed out this virus is short term, why will govt want to privatise or nationalise? Are u not contradicting urself? |
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TA_Expert
Supreme |
24-Mar-2020 19:09
Yells: "The World has changed" |
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Yes, you took the risk but you be rewarded eventually. SIA won' t fail as the government, not just Temasek won' t allow it. Poeple do not understand how important is SIA besides being just a Singapore icon.
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TA_Expert
Supreme |
24-Mar-2020 19:06
Yells: "The World has changed" |
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Once the government announces bailout plan for SIA, you will see a huge rally in share price as SIA is the heaviest shorted counter due to the impact of the virus. Just nationalise the airline at $7.60 or more to wipe out the short sellers and use those gains on SIA. Thursday will be exciting. Tmr SIA will continue to go up because many short sellers are covering back as they are afraid of surprises. |
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Justice888
Supreme |
24-Mar-2020 18:45
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I think the price went up today Bec of uob report saying that if Temasek step in sia target price is $7.60..... hmm
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Justice888
Supreme |
24-Mar-2020 18:43
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I tot analyst say 2 billion of hedging lost
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Goldfinger
Supreme |
24-Mar-2020 18:13
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Frankly, I think the bad news on SIA is yet to come out - that will be the size of the oil hedge losses. And the Quarterly results.   | ||||
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danger
Supreme |
24-Mar-2020 17:59
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where got people short at the bottom one ??!!! Like me i picked up cheap and ride all the way up |
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snowblaze
Member |
24-Mar-2020 17:33
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Did you contra? If not, why don?t you hold? We all know SIA will never keep rising and rising. Today?s is technical rebound or fake rally.
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Justice888
Supreme |
24-Mar-2020 17:19
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No I never... my sis in law shorted. Shorted $6.88 last two weeks. Close at $5.30 during balancing opening today.
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Kai189
Veteran |
24-Mar-2020 17:13
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shorted at 5.38.    close at 5.77 closing price was at 5.88 its manipulated...small lots left right to squeezed shortists... did u short as well?
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Justice888
Supreme |
24-Mar-2020 17:08
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U shorted at wat price ?
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