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sun233 Elite	14-Nov-2018 18:16        sun233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree with your statements but dont you think Mr Goh has not been doing a good job. In any American company if results are not not achieved after 3 earnings announcements the CEO is replaced. In this case Goh  has been there donkey years and all i hear is conditions are challenging. No shit sherlock!!  Their JV' s are not producing profits just bleeding. Whereas Richard Branson is buying islands!  Burning cash....... Pillai, Dr Cheong( senior citizens like me) and the greats need to come in and strategize if not our national icon is going to end up going down. If their feul hedging is causing such turmoil they need to hire competent people. Qanghoo      ( Date: 14-Nov-2018 08:13) Posted: Sounds a familiar story  resonating  uglily with a  lot of seniors.  The coin has two sides,  of course.  While one might argue that in the digital age, constant (n ever accelerating)  renewal is is inevitably ever more imperative, others  continue to  swear by old wine being more compelling.  Personally, I do recognise the need for renewal.  At the same time, I wldn' t discard the value of Dr M at 93 !!!!!  In other words.  there are oldies who not only continue to add value, but whose presence borders on indispensibility (yes, I know this  is gonna  stir a lot of controversy, but I stand by it).  Unfortunately, seems, more often than not, society cynically write seniors off as dead wood with mindsets that refuse to change.    Perhaps this is  one  major paradox for SIA to tackle outside the box as the cliche goes ....    sun233      ( Date: 14-Nov-2018 07:13) Posted: In the olden days the longer you stay at a company the better people say you are. Nowadays that has changed the longer you stay its  because you have no where to go. Dead wood.
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john_ric Supreme	14-Nov-2018 17:23        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	dividend is only 8 cents. not worth buying now.    can consider at 9.00 sgd
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Qanghoo Supreme	14-Nov-2018 17:17        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	If oil up 1%, this one maybe will down 20c.  Probably gonna trade inverse to oil for  a while.  newbie86      ( Date: 14-Nov-2018 17:01) Posted: Wan.. hold steady!
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newbie86 Member	14-Nov-2018 17:01        newbie86 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wan.. hold steady!
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investshare Supreme	14-Nov-2018 12:10        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	They should focus on their core business. If they truly believe they can predict oil price, they should be oil investor not playing plane. alexchew      ( Date: 14-Nov-2018 11:56) Posted: they did this b4... lol.. hedged at high price.. whats new... their cycle of hedging if they dont change, they will always be hedging at the high end.. Luzern      ( Date: 14-Nov-2018 09:48) Posted: I do hope SIA was not " suckered" into hedging oil at a high price during the run up before the recent rout.............
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alexchew Master	14-Nov-2018 11:56        alexchew About Contact  Quote this Post!
x 0   x 0  Alert Admin	they did this b4... lol.. hedged at high price.. whats new... their cycle of hedging if they dont change, they will always be hedging at the high end.. Luzern      ( Date: 14-Nov-2018 09:48) Posted: I do hope SIA was not " suckered" into hedging oil at a high price during the run up before the recent rout............. Luzern      ( Date: 15-Aug-2018 10:07) Posted: Now that most forummers are out of this bird..........my opinion for this SIA is negative.  The only bright spot i see is its current positive oil hedge. However, they are not always right on oil hedge.  During the oil price collapse, they hedged the wrong way, and the losses were " fantastic" ...... can go google for the figures
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HendriJB Supreme	14-Nov-2018 11:55        HendriJB About Contact  Quote this Post!   Yells: "Breathe, Step Back - Think "
x 0   x 0  Alert Admin	Singapore Air shares fall, bucking gains among Asian carriers By: Bloomberg 14/11/18, 11:41 am SINGAPORE (Nov 14): Singapore Airlines bucked a rally among Asian airline stocks after reporting its biggest profit decline in at least seven years. While shares of Cathay Pacific Airways, Korean Air Lines Co and regional rivals all gained during the Asian day following a plunge in oil prices, Singapore Air fell after saying its profits had declined because of a higher bill for buying kerosene. In New York on Tuesday, oil futures fell the most in three years after OPEC projected a darker demand outlook. Net income at Singapore Air fell to $56.4 million in the three months ended Sept 30, from $293.3 million a year earlier, the company said after the market?s close Tuesday. The carrier?s fuel costs climbed 24% to $1.16 billion in the quarter as average Brent prices soared 46% from a year earlier. Singapore Air joins rivals such as Deutsche Lufthansa AG whose earnings have been damped by oil costs, the biggest expense for Asian operators. A rebound in profit at the Asian carrier hinges on weak oil and earnings should improve for the rest of the fiscal year, according to Bloomberg Intelligence. Singapore Airlines 2Q earnings fall 81% to $56.4 mil on higher fuel prices 2QFY19?s results reflect a period of rising fuel costs,? UOB Kay Hian analyst K Ajith wrote in a report Wednesday. ?Jet fuel prices have weakened since then and Brent crude prices have weakened despite Saudi Arabia?s plans to cut production. West Texas Intermediate futures for December delivery fell US$4.24 to end the session at US$55.69 ($77) a barrel on the New York Mercantile Exchange Tuesday. Brent for January settlement closed down US$4.65 at US$65.47 on the London-based ICE Futures Europe exchange. While sales in the three-month period rose 5.6% to $4.06 billion, Singapore Air?s passenger yields slipped 1% in the second quarterly decline, reflecting continued competition in both its premium and economy offerings. Yields are a measure of the money earned from carrying a passenger for one kilometer. Cargo yields climbed 9.9% as shippers rushed to beat tariff increases sparked by the trade dispute between the world?s two biggest economies. Singapore Air posted a fuel-hedging gain of $151.7 million, compared with a hedging loss of $3.3 million a year earlier. Its quarterly losses from associate companies amounted to $117.1 million, largely due to accounting adjustments made for its Virgin Australia shares. The airline, which is in the midst of a transformation program aimed at improving competitiveness and reducing costs, will pay shareholders an interim dividend of 8 cents per share. SINGAPORE AIRLINES (SIA)
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Luzern Supreme	14-Nov-2018 09:48        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	I do hope SIA was not " suckered" into hedging oil at a high price during the run up before the recent rout............. Luzern      ( Date: 15-Aug-2018 10:07) Posted: Now that most forummers are out of this bird..........my opinion for this SIA is negative.  The only bright spot i see is its current positive oil hedge. However, they are not always right on oil hedge.  During the oil price collapse, they hedged the wrong way, and the losses were " fantastic" ...... can go google for the figures. Luzern      ( Date: 13-Aug-2018 18:06) Posted: I will need to research on this.  No solid opinion off hand
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SgYuan Supreme	14-Nov-2018 08:22        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	This wave reset w0 914 w1 938 w2 914 reset. Next wave w0 914 w1 979 w2? w1 65 w2 40 tgt 939 dn 61.8% - px hit low 939 - once uturn w3 start w3 105 tgt 1044 up 161.8% w4 40 tgt 1004 dn 38.2% w5 65 tgt 1071 up 100% No 100% Good luck SgYuan      ( Date: 24-Oct-2018 09:17) Posted: wave c tgt 928 px hit 914 ended Uptrend formation w0 914 w1 938 w2 916 w3? w1 24 w2 22 w3 39 tgt 955 up 161.8% - now here w4 15 tgt 940 dn 38.2% w5 24 tgt 964 up 100% No 100% Good luck SgYuan      ( Date: 28-Sep-2018 09:13) Posted: 1. long term chart Looking at daily chart wave a 1184 1015 delta 169 wave b 1015 1097 delta 82 wave c 1097 ?993 delta 104 dn 61.8% of wa - passed wave c 1097 ?928 delta 169 dn 100% of wa - px hit low 949 2 uptrend short term w0 949 w1 986 w2? w0 37 w2 23 tgt 963 - px hit 968 - px touch 949 break wave c continue - px uturn w3 start w3 60 tgt 1028 w4? w5? Good luc
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Qanghoo Supreme	14-Nov-2018 08:13        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sounds a familiar story  resonating  uglily with a  lot of seniors.  The coin has two sides,  of course.  While one might argue that in the digital age, constant (n ever accelerating)  renewal is is inevitably ever more imperative, others  continue to  swear by old wine being more compelling.  Personally, I do recognise the need for renewal.  At the same time, I wldn' t discard the value of Dr M at 93 !!!!!  In other words.  there are oldies who not only continue to add value, but whose presence borders on indispensibility (yes, I know this  is gonna  stir a lot of controversy, but I stand by it).  Unfortunately, seems, more often than not, society cynically write seniors off as dead wood with mindsets that refuse to change.    Perhaps this is  one  major paradox for SIA to tackle outside the box as the cliche goes ....    sun233      ( Date: 14-Nov-2018 07:13) Posted: In the olden days the longer you stay at a company the better people say you are. Nowadays that has changed the longer you stay its  because you have no where to go. Dead wood.
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Qanghoo Supreme	14-Nov-2018 07:47        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	No need to change.  Bring some good ones on board will do. investshare      ( Date: 14-Nov-2018 07:46) Posted: If they can predict oil price might as well change SIA to oil trader. sun233      ( Date: 14-Nov-2018 07:10) Posted: Time to fire Goh. They hedged higher when oil was trading near 100 and dropped to 50 when oil hit 30 they still cannot get their numbers right. Obviously someone sleeping at the wheel. Fire Goh Choon Phong and let someone else take their turn of running the company.. All JV bleeding..........
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investshare Supreme	14-Nov-2018 07:46        investshare About Contact  Quote this Post!
x 0   x 0  Alert Admin	If they can predict oil price might as well change SIA to oil trader. sun233      ( Date: 14-Nov-2018 07:10) Posted: Time to fire Goh. They hedged higher when oil was trading near 100 and dropped to 50 when oil hit 30 they still cannot get their numbers right. Obviously someone sleeping at the wheel. Fire Goh Choon Phong and let someone else take their turn of running the company.. All JV bleeding........... Qanghoo      ( Date: 13-Nov-2018 22:44) Posted: I think part of their problem, over time, is others have not only caught up with them, but perhaps out staged them in offerings.  So, they no longer have that competitive edge to charge a premium?  N if they do try to continue charging it, they just risk losing customers, right?  But what might just be in their favour after the Sep Qtr is that oil  seems to have retaken the south-bound train.  Currently Brent at ard 68, abt 20% from peak.  So, if SIA had point an accusing finger at oil for the rut, it might just be in luck, perhaps with a small vote of thx to rubber duckie.
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Qanghoo Supreme	14-Nov-2018 07:42        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	This sounds like history, doesn' t it?  Surprise that it cld still be the albatrose hanging !!!!!! Oh dear.  Perhaps that partly explains why they are  facing such a  mammoth task  confronting the onslaught of  more nimble players with better-value offerings.  Picture becoming clearer to me.  A HR revolution really warranted? sun233      ( Date: 14-Nov-2018 07:10) Posted: Time to fire Goh. They hedged higher when oil was trading near 100 and dropped to 50 when oil hit 30 they still cannot get their numbers right. Obviously someone sleeping at the wheel. Fire Goh Choon Phong and let someone else take their turn of running the company.. All JV bleeding........... Qanghoo      ( Date: 13-Nov-2018 22:44) Posted: I think part of their problem, over time, is others have not only caught up with them, but perhaps out staged them in offerings.  So, they no longer have that competitive edge to charge a premium?  N if they do try to continue charging it, they just risk losing customers, right?  But what might just be in their favour after the Sep Qtr is that oil  seems to have retaken the south-bound train.  Currently Brent at ard 68, abt 20% from peak.  So, if SIA had point an accusing finger at oil for the rut, it might just be in luck, perhaps with a small vote of thx to rubber duckie.
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bishan22 Supreme	14-Nov-2018 07:15        bishan22 About Contact  Quote this Post!
x 0   x 0  Alert Admin	many prefer " Comfort Zone" .... nothing usual.... sun233      ( Date: 14-Nov-2018 07:13) Posted: In the olden days the longer you stay at a company the better people say you are. Nowadays that has changed the longer you stay its  because you have no where to go. Dead wood.
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sun233 Elite	14-Nov-2018 07:13        sun233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the olden days the longer you stay at a company the better people say you are. Nowadays that has changed the longer you stay its  because you have no where to go. Dead wood.
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sun233 Elite	14-Nov-2018 07:10        sun233 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Time to fire Goh. They hedged higher when oil was trading near 100 and dropped to 50 when oil hit 30 they still cannot get their numbers right. Obviously someone sleeping at the wheel. Fire Goh Choon Phong and let someone else take their turn of running the company.. All JV bleeding........... Qanghoo      ( Date: 13-Nov-2018 22:44) Posted: I think part of their problem, over time, is others have not only caught up with them, but perhaps out staged them in offerings.  So, they no longer have that competitive edge to charge a premium?  N if they do try to continue charging it, they just risk losing customers, right?  But what might just be in their favour after the Sep Qtr is that oil  seems to have retaken the south-bound train.  Currently Brent at ard 68, abt 20% from peak.  So, if SIA had point an accusing finger at oil for the rut, it might just be in luck, perhaps with a small vote of thx to rubber duckie.  Goldfinger      ( Date: 13-Nov-2018 22:33) Posted: Super funny - my friend who is a mid-level manager always says that they upgrade his family to Business Class FOC when they fly. Even post pictures on FaceBook to boast. And they definitely do not pay for the upgrades.  Maybe they only allow bidding at certain times.  I am also taking SQ Econo in a few days, and no info on bidding for Business Class seats either. ​ Anyway, the prospects for SQ seem very very bleak - especially when compared against the Middle Eastern airlines. For example, I managed to buy a return air ticket to Milan in June next year via a Middle Eastern carrier for $999, whereas SQ was charging $1,600.  They are no longer competitive and have no access to cheap fuel, unlike the Gulf carriers.  And the flight attendants on the Gulf Carriers are often far prettier and more gracious than the SQ attendants
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Qanghoo Supreme	14-Nov-2018 06:55        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	BO (brent o, not body o) now 65.  Maybe 60 for an extended period cld be possible, thx partly to duckie talking it downwards (he seems more effective at these things than perhaps what we wld like to believe).  So, don' t be surprise if SIA px doesn' t fall today.  If fall, cld be buying opportunity, especially for those betting on oil' s coming winter even before spring cld end.  DYODD as always.    HendriJB      ( Date: 14-Nov-2018 05:33) Posted: SIA's Q2 net profit falls 81% ...?? HIGHER jet fuel costs and recognition of its share of losses in 20 per cent-owned Virgin Australia (VAH) led national carrier Singapore Airlines (SIA) to post a more than fivefold dip in net profit to S$56 million in the second quarter from a restated profit of S$293 million a year ago Operating profit slid 35 per cent in the three months to September to S$233 million as expenditure clicked higher by nearly 10 per cent mainly from fuel cost and capacity injection which overshadowed a 5.6 per cent jump in revenue to S$4.06 billion from a year ago Net fuel cost and non-fuel expenditure for the quarter jumped 24 per cent and 4.4 per cent respectively in tandem with the group?s 5.3 per cent capacity growth Excluding the impact of the one-off item of S$116 million in relation to VAH over the quarter, adjusted net profit would have come in at S$172 million - lower by 41 per cent, said the carrier in its results announcement after market closed on Tuesday
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HendriJB Supreme	14-Nov-2018 05:33        HendriJB About Contact  Quote this Post!   Yells: "Breathe, Step Back - Think "
x 0   x 0  Alert Admin	SIA's Q2 net profit falls 81% ...?? HIGHER jet fuel costs and recognition of its share of losses in 20 per cent-owned Virgin Australia (VAH) led national carrier Singapore Airlines (SIA) to post a more than fivefold dip in net profit to S$56 million in the second quarter from a restated profit of S$293 million a year ago Operating profit slid 35 per cent in the three months to September to S$233 million as expenditure clicked higher by nearly 10 per cent mainly from fuel cost and capacity injection which overshadowed a 5.6 per cent jump in revenue to S$4.06 billion from a year ago Net fuel cost and non-fuel expenditure for the quarter jumped 24 per cent and 4.4 per cent respectively in tandem with the group?s 5.3 per cent capacity growth Excluding the impact of the one-off item of S$116 million in relation to VAH over the quarter, adjusted net profit would have come in at S$172 million - lower by 41 per cent, said the carrier in its results announcement after market closed on Tuesday
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Qanghoo Supreme	13-Nov-2018 22:44        Qanghoo About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think part of their problem, over time, is others have not only caught up with them, but perhaps out staged them in offerings.  So, they no longer have that competitive edge to charge a premium?  N if they do try to continue charging it, they just risk losing customers, right?  But what might just be in their favour after the Sep Qtr is that oil  seems to have retaken the south-bound train.  Currently Brent at ard 68, abt 20% from peak.  So, if SIA had point an accusing finger at oil for the rut, it might just be in luck, perhaps with a small vote of thx to rubber duckie.  Goldfinger      ( Date: 13-Nov-2018 22:33) Posted: Super funny - my friend who is a mid-level manager always says that they upgrade his family to Business Class FOC when they fly. Even post pictures on FaceBook to boast. And they definitely do not pay for the upgrades.  Maybe they only allow bidding at certain times.  I am also taking SQ Econo in a few days, and no info on bidding for Business Class seats either. ​ Anyway, the prospects for SQ seem very very bleak - especially when compared against the Middle Eastern airlines. For example, I managed to buy a return air ticket to Milan in June next year via a Middle Eastern carrier for $999, whereas SQ was charging $1,600.  They are no longer competitive and have no access to cheap fuel, unlike the Gulf carriers.  And the flight attendants on the Gulf Carriers are often far prettier and more gracious than the SQ attendants. RedAnt      ( Date: 13-Nov-2018 22:00) Posted: @Goldfinger, actually they already done that. If there ampty empty seats, they allow you to bid to upgrade to the next level.
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Goldfinger Supreme	13-Nov-2018 22:33        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Super funny - my friend who is a mid-level manager always says that they upgrade his family to Business Class FOC when they fly. Even post pictures on FaceBook to boast. And they definitely do not pay for the upgrades.  Maybe they only allow bidding at certain times.  I am also taking SQ Econo in a few days, and no info on bidding for Business Class seats either. ​ Anyway, the prospects for SQ seem very very bleak - especially when compared against the Middle Eastern airlines. For example, I managed to buy a return air ticket to Milan in June next year via a Middle Eastern carrier for $999, whereas SQ was charging $1,600.  They are no longer competitive and have no access to cheap fuel, unlike the Gulf carriers.  And the flight attendants on the Gulf Carriers are often far prettier and more gracious than the SQ attendants. RedAnt      ( Date: 13-Nov-2018 22:00) Posted: @Goldfinger, actually they already done that. If there ampty empty seats, they allow you to bid to upgrade to the next level.
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