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SEBRAX Member	23-Mar-2020 13:36        SEBRAX About Contact  Quote this Post!
x 0   x 0  Alert Admin	sorry to hear about ur predicament bro. my friend who is a pilot in SIA, has only flown 3 times in the past 2 months. now he sitting at home doing nothing HTHT1989      ( Date: 23-Mar-2020 13:15) Posted: SIA wont cut salary one, its like SAF wont cut salary. Becos of Covid, my pilot dream is now gone. Good bye to my selection for both SIA and Scoot, I didnt even receive any news when will it resume. Working temp job at changi everyday, I see all the grounded aircraft... now 96%.. the maintenance and ground crew salary must be bleeding buckets daily. easywin      ( Date: 23-Mar-2020 12:24) Posted: Very easy to solve the problem:s 1) issue rights 2) sell some of the planes to cash out 3) cut salary at least 40
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dollarsense Veteran	23-Mar-2020 13:36        dollarsense About Contact  Quote this Post!
x 0   x 0  Alert Admin	get ready to pay for rights then. This is the result ot only of Covid, this is sheer mis-management.  danger      ( Date: 23-Mar-2020 13:14) Posted: I close eyes anyhow buy at $5.45 ... once in a lifetime
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yamseng Supreme	23-Mar-2020 13:21        yamseng About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://links.sgx.com/1.0.0/corporate-announcements/879G7CY33Z2C7XAG/181b28a25287b510bb7db6e741a137640a79b1254c97c724f3aec354650bdb4c cut capacity to almost zero, only direction will go down further
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HTHT1989 Senior	23-Mar-2020 13:15        HTHT1989 About Contact  Quote this Post!   Yells: "Huat ah!"
x 0   x 0  Alert Admin	SIA wont cut salary one, its like SAF wont cut salary. Becos of Covid, my pilot dream is now gone. Good bye to my selection for both SIA and Scoot, I didnt even receive any news when will it resume. Working temp job at changi everyday, I see all the grounded aircraft... now 96%.. the maintenance and ground crew salary must be bleeding buckets daily. easywin      ( Date: 23-Mar-2020 12:24) Posted: Very easy to solve the problem:s 1) issue rights 2) sell some of the planes to cash out 3) cut salary at least 40% iluvgambling      ( Date: 23-Mar-2020 11:22) Posted: SIA is literally nose diving..........
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danger Supreme	23-Mar-2020 13:14        danger About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	I close eyes anyhow buy at $5.45 ... once in a lifetime
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mrwise Supreme	23-Mar-2020 12:35        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Same for SIA. No bailout. Maybe another company  take over or buy over SIA  at dirt cheap price (Less than 50cents??) to safeguard SIA, just  like Hyflux and help it run much better. We can see another Hyflux case in the making.....No one should be bailing SIA...from what i see ..as per Hyflux case! Buying SIA and its bond comes with risk too! Even going to Hong Lim also no use....get prepare.... More extract from BT: " THE public can' t be asked to bail out struggling water treatment company Hyflux' s retail investors, Minister for the Environment and Water Resources Masagos Zulkifli has said. But national water agency PUB could still take over the Tuaspring desalination plant - which is expected to come with a negative valuation - to safeguard Singapore' s water security. MPs from both sides of the aisle voiced their concerns in Parliament on Monday over the impact of the Hyflux debt debacle, which has dimmed the star of a former stock darling and prompted PUB to issue a default notice to Hyflux' s wholly-owned subsidiary, Tuaspring Pte Ltd (TPL). PUB has warned that it could axe a water purchase deal and take over the Tuaspring plant, Hyflux' s key asset - but at no extra cost, if it waives its right to compensation from TPL. The agency has also said that its actions should not be used as a reason for an Indonesian consortium to withdraw from a planned rescue deal. Mr Masagos said the termination, which would be done " to ensure that a critical asset remains in safe hands" , does not disadvantage investors, and in fact " positively impacts" the value of both Hyflux and its shares. In response to MP Seah Kian Peng (Marine Parade GRC) on whether the Government may bail out mom-and-pop holders of Hyflux perps and prefs, Mr Masagos said " investors in search of returns must understand that returns come with some risks" . Holders of Hyflux' s preference shares and perpetual securities - many of them retail investors - are claiming some S$970 million from Hyflux. More than 100 investors demonstrated at Hong Lim Park over the weekend, with a plea for compensation from PUB among their requests."   easywin      ( Date: 23-Mar-2020 12:24) Posted: Very easy to solve the problem:s 1) issue rights 2) sell some of the planes to cash out 3) cut salary at least 40% iluvgambling      ( Date: 23-Mar-2020 11:22) Posted: SIA is literally nose diving..........
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easywin Supreme	23-Mar-2020 12:24        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Very easy to solve the problem:s 1) issue rights 2) sell some of the planes to cash out 3) cut salary at least 40% iluvgambling      ( Date: 23-Mar-2020 11:22) Posted: SIA is literally nose diving..........
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Goldfinger Supreme	23-Mar-2020 12:05        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	There will be severe outrage, if SIA is bailed out now.  They can proceed to make a massive rights issue at 1 for 1 at 99cents, if they really need the money. SEBRAX      ( Date: 23-Mar-2020 11:56) Posted: i agree... they always treat economy class passangers badly lol.. Goldfinger      ( Date: 23-Mar-2020 11:50) Posted: SIA is not a loved company in Singaporeans eye - they cater to the Business Class more than to the ordinary Singaporeans, charge high ticket prices to Singaporeans and cut the Economy Seats on the non-stop flights to the USA and replace with Business Class.  Let them fly their Business Class pasenges anywhere they want now.  Good for them.
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SEBRAX Member	23-Mar-2020 11:56        SEBRAX About Contact  Quote this Post!
x 0   x 0  Alert Admin	i agree... they always treat economy class passangers badly lol.. Goldfinger      ( Date: 23-Mar-2020 11:50) Posted: SIA is not a loved company in Singaporeans eye - they cater to the Business Class more than to the ordinary Singaporeans, charge high ticket prices to Singaporeans and cut the Economy Seats on the non-stop flights to the USA and replace with Business Class.  Let them fly their Business Class pasenges anywhere they want now.  Good for them.
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uiop1223 Supreme	23-Mar-2020 11:54        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The japan CEO took $1 salary when JAL was in bad shape. This is tone from the top. ?The fact that I worked for no salary influenced the staff," he told South China Morning Post some years later. "They could see that I was desperate to rebuild the company, even though I had no links to JAL previously." https://www.channelnewsasia.com/news/cnainsider/buddhist-monk-ceo-kazuo-inamori-save-japan-airlines-jal-bankrupt-11033866
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mrwise Supreme	23-Mar-2020 11:51        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Huh? only $3K? Can u link this to his stock price? share price plurge 50%!   Jesmar      ( Date: 23-Mar-2020 11:49) Posted: The CEO has taken the lead to cut $3000/- off his pay from $40K.......that' s hefty by our society standard.......prob need another $2K cut.....but share price already plunge half should be 50% mah....anyway too high people for us to comment.....better easy sip kopi....huat ah!!! Happy trading folks!!! Goldfinger      ( Date: 23-Mar-2020 11:25) Posted: It would be very unfair to bail out SIA when it has done nothing much to retrench or slash pay of air crew and staff.  There are many other companies and industries hurting, where the staff have not enjoyed high salaries or jet setted around the world
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Goldfinger Supreme	23-Mar-2020 11:50        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA is not a loved company in Singaporeans eye - they cater to the Business Class more than to the ordinary Singaporeans, charge high ticket prices to Singaporeans and cut the Economy Seats on the non-stop flights to the USA and replace with Business Class.  Let them fly their Business Class pasenges anywhere they want now.  Good for them.
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Jesmar Master	23-Mar-2020 11:49        Jesmar About Contact  Quote this Post!
x 0   x 0  Alert Admin	The CEO has taken the lead to cut $3000/- off his pay from $40K.......that' s hefty by our society standard.......prob need another $2K cut.....but share price already plunge half should be 50% mah....anyway too high people for us to comment.....better easy sip kopi....huat ah!!! Happy trading folks!!! Goldfinger      ( Date: 23-Mar-2020 11:25) Posted: It would be very unfair to bail out SIA when it has done nothing much to retrench or slash pay of air crew and staff.  There are many other companies and industries hurting, where the staff have not enjoyed high salaries or jet setted around the world. Jesmar      ( Date: 23-Mar-2020 10:52) Posted: Anyone has shorted or bought.....not time yet to save the National carrier......let the market decide....we will be there to sing the National Pledge when time to come save it.....easy sip kopi....huat ah!! Happy trading folks!!!
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uiop1223 Supreme	23-Mar-2020 11:46        uiop1223 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I shorted another 40k shares of sia eng In case temasek hands itchy and step in. I think SIAE more vulnerable snowblaze      ( Date: 23-Mar-2020 11:39) Posted: Still got meat to enter at $5.5 and short?
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snowblaze Member	23-Mar-2020 11:39        snowblaze About Contact  Quote this Post!
x 0   x 0  Alert Admin	Still got meat to enter at $5.5 and short?
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Goldfinger Supreme	23-Mar-2020 11:26        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yes, many ordinary Singaporeans would reject a bailout of SIA. mrwise      ( Date: 23-Mar-2020 10:51) Posted: Please dont talk about bailing out SIA. Let it settle its debt. If they don' t bail out Hyflux in the first place..We need water and electricity more than flying trips overseas!....what makes SIA so special and our tax payers money cannot be used for this! They are also private company.. We shall see what happen to SIA...
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Goldfinger Supreme	23-Mar-2020 11:25        Goldfinger About Contact  Quote this Post!
x 0   x 0  Alert Admin	It would be very unfair to bail out SIA when it has done nothing much to retrench or slash pay of air crew and staff.  There are many other companies and industries hurting, where the staff have not enjoyed high salaries or jet setted around the world. Jesmar      ( Date: 23-Mar-2020 10:52) Posted: Anyone has shorted or bought.....not time yet to save the National carrier......let the market decide....we will be there to sing the National Pledge when time to come save it.....easy sip kopi....huat ah!! Happy trading folks!!!
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iluvgambling Master	23-Mar-2020 11:22        iluvgambling About Contact  Quote this Post!
x 0   x 0  Alert Admin	SIA is literally nose diving..........
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mrwise Supreme	23-Mar-2020 10:59        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Maybe the bond will default like Hyflux....Good luck to  those holding it! Soon may become $0.50 mrwise      ( Date: 23-Mar-2020 10:51) Posted: Please dont talk about bailing out SIA. Let it settle its debt. If they don' t bail out Hyflux in the first place..We need water and electricity more than flying trips overseas!....what makes SIA so special and our tax payers money cannot be used for this! They are also private company.. We shall see what happen to SIA...
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Jesmar Master	23-Mar-2020 10:07        Jesmar About Contact  Quote this Post!
x 0   x 0  Alert Admin	Anyone has shorted or bought.....not time yet to save the National carrier......let the market decide....we will be there to sing the National Pledge when time to come save it.....easy sip kopi....huat ah!! Happy trading folks!!!
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