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UltraBoy Member	23-Mar-2020 17:28        UltraBoy About Contact  Quote this Post!
x 0   x 0  Alert Admin	It will hit $3 soon...
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yamseng Supreme	23-Mar-2020 17:22        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA got a BIG black hole to fill
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razmy3 Member	23-Mar-2020 17:15        razmy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	et-fuel swaps in Singapore, Asia' s biggest oil-trading hub, slumped 13 per cent last month, according to data from PVM Oil Associated., a London-based broker. The price fell 4.6 per cent to $US83.50 a barrel on December 1, the lowest since August 2010. Jet fuel is the biggest expense for most airlines, accounting in some cases for as much as 50 per Airlines that buy more fuel at spot prices, such as Qantas and Asiana Airlines, stand to gain more from the drop in oil prices. Oil-price drop is " massive" for AirAsia group, Chief Executive Officer Tony Fernandes said last month. Singapore Air hedged 65.3 per cent of its fuel needs in the six months to March at an average price of $US116 a barrel of jet fuel, according to the airline. " We do have hedges in place. And that' s going to mute the effect of lower fuel prices," said Stephen Barnes, Singapore Air' s chief financial officer, at an earnings briefing last month. " On the other hand, it will protect our earnings from the full effects of a bounce if that were to happen."   ....SYDNEY MORNING HERALD   razmy3      ( Date: 23-Mar-2020 16:57) Posted: ...was in some news.....smh.au..check it out Justice888      ( Date: 23-Mar-2020 16:54) Posted: Ha usd $116 for 5 years ? How u know
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easywin Supreme	23-Mar-2020 16:58        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why hedged $116 at so high price some more 5 years, gone case liow. Justice888      ( Date: 23-Mar-2020 16:54) Posted: Ha usd $116 for 5 years ? How u know ? razmy3      ( Date: 23-Mar-2020 16:53) Posted: ...too late liao...they hedge oil at US$116 for 5 yrs....i am waiting for at $2.....LO
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razmy3 Member	23-Mar-2020 16:57        razmy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	...was in some news.....smh.au..check it out Justice888      ( Date: 23-Mar-2020 16:54) Posted: Ha usd $116 for 5 years ? How u know ? razmy3      ( Date: 23-Mar-2020 16:53) Posted: ...too late liao...they hedge oil at US$116 for 5 yrs....i am waiting for at $2.....LO
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yamseng Supreme	23-Mar-2020 16:55        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	based on the chart. I guessed might hit bottom price around $3.80
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Justice888 Supreme	23-Mar-2020 16:54        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ha usd $116 for 5 years ? How u know ? razmy3      ( Date: 23-Mar-2020 16:53) Posted: ...too late liao...they hedge oil at US$116 for 5 yrs....i am waiting for at $2.....LOL pasttime      ( Date: 23-Mar-2020 15:52) Posted: reducing flight is the right thing to do. any way there is not enough business for each flight to be profitable. reduce flight, they save money on cost associated with each flight not take off. hase cash flow will not die. raise debt as much as needed. the virus is not going to last forever. sia be strong.u will take off again.
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razmy3 Member	23-Mar-2020 16:53        razmy3 About Contact  Quote this Post!
x 0   x 0  Alert Admin	...too late liao...they hedge oil at US$116 for 5 yrs....i am waiting for at $2.....LOL pasttime      ( Date: 23-Mar-2020 15:52) Posted: reducing flight is the right thing to do. any way there is not enough business for each flight to be profitable. reduce flight, they save money on cost associated with each flight not take off. hase cash flow will not die. raise debt as much as needed. the virus is not going to last forever. sia be strong.u will take off again.
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easywin Supreme	23-Mar-2020 16:25        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Below $6 is cheap? I will wait until below $3 danger      ( Date: 23-Mar-2020 15:05) Posted: MAI KIA .. ALL PRICE amd NEWS FACTORED IN ELSE YOU THINk CAN SEE SIA BELOW $6 ?
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dollarsense Veteran	23-Mar-2020 16:14        dollarsense About Contact  Quote this Post!
x 0   x 0  Alert Admin	its true, but it should be with salary cuts, if not whats the use still buring cash  pasttime      ( Date: 23-Mar-2020 15:52) Posted: reducing flight is the right thing to do. any way there is not enough business for each flight to be profitable. reduce flight, they save money on cost associated with each flight not take off. hase cash flow will not die. raise debt as much as needed. the virus is not going to last forever. sia be strong.u will take off again.
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uiop1223 Supreme	23-Mar-2020 15:59        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They can earn money through cargo also...
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pasttime Supreme	23-Mar-2020 15:52        pasttime About Contact  Quote this Post!   Yells: "gold silver are real money. not others iou."
x 0   x 0  Alert Admin	reducing flight is the right thing to do. any way there is not enough business for each flight to be profitable. reduce flight, they save money on cost associated with each flight not take off. hase cash flow will not die. raise debt as much as needed. the virus is not going to last forever. sia be strong.u will take off again.
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mrwise Supreme	23-Mar-2020 15:50        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Free falling.........take care
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yamseng Supreme	23-Mar-2020 15:46        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	if SG gov announces LOCKDOWN, SIA sure will drop below $4
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john_ric Supreme	23-Mar-2020 15:38        john_ric About Contact  Quote this Post!
x 0   x 0  Alert Admin	i wonder why must buy this ailing company whe there are better counters around and dont need to worry about closing  shop. if you buy sti etf, will the counter close shop??
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Sgvale Supreme	23-Mar-2020 15:34        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Surely not at $5+ level. SIA businesses basically are grounded..$3-$4 most likely.
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yamseng Supreme	23-Mar-2020 15:32        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA just broke $5.4 still hovering
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iluvgambling Master	23-Mar-2020 15:29        iluvgambling About Contact  Quote this Post!
x 0   x 0  Alert Admin	so many pilots, stewardess and stewdards no work....what can they do  ? lol   Goldfinger      ( Date: 23-Mar-2020 15:21) Posted: Last time my SIA mid management friend wife like to post pictures on FB of her family getting free upgrades to Business Class whenever they go for family holiday.   Now, no one dare mention the word SIA when they see the family.  The hubbie work till late night every day and weekends.  Wonder why so busy now when all the planes are idle and no where to fly.
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Goldfinger Supreme	23-Mar-2020 15:21        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last time my SIA mid management friend wife like to post pictures on FB of her family getting free upgrades to Business Class whenever they go for family holiday.   Now, no one dare mention the word SIA when they see the family.  The hubbie work till late night every day and weekends.  Wonder why so busy now when all the planes are idle and no where to fly.
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mrwise Supreme	23-Mar-2020 15:17        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Go to the airport to see the scenario.... More selling and shorting.... take care.... danger      ( Date: 23-Mar-2020 15:05) Posted: MAI KIA .. ALL PRICE amd NEWS FACTORED IN ELSE YOU THINk CAN SEE SIA BELOW $6 ?
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