| Latest Forum Topics / SIA Last:6.94 -- |
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SIA
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uiop1223
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22-Mar-2020 11:51
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Glad i didnt close my shorts. My original TP was $6.50 😄 | ||||
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Goldfinger
Supreme |
22-Mar-2020 11:50
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SQ is now a sunk bird - G just nailed the final nail into its coffin. | ||||
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uiop1223
Supreme |
22-Mar-2020 11:37
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Singapore now ban short term visitors and transit...
Short more on monday 😁 |
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uiop1223
Supreme |
22-Mar-2020 08:49
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SIA got $1b+ cash plus undraw credit facilities of around $1.5 - 2b. They are in better shape than most airlines la. May drop to $4 lo. But i dont think will bankrupt | ||||
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Jesmar
Master |
22-Mar-2020 08:12
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Heard tat planes grounded for too long face overhaul problems.... tat may cost SIA cash go zero. Priced to bankruptcy... current level still blue chip too high... more to drop... Sell.... easy sip kopi... Huat ah!! Happy trading folks. | ||||
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investshare
Supreme |
22-Mar-2020 08:06
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I think how government handle Malaysia lockdown eg giving accommodations, win the heart of the 300k Malaysia workers. I suggest government to one time give PR to these workers. Thereafter we should not import anymore foreign workers.
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Rammerjammer
Veteran |
22-Mar-2020 08:00
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You will be surprised... Not many airlines are flying but SIA is still flying... Oil is low too..
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Rammerjammer
Veteran |
22-Mar-2020 07:58
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ABSD got different %
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investshare
Supreme |
22-Mar-2020 07:30
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What you said about the implication is true, but then so is all other industry, F&B, semiconductor, logistic etc. this crisis affects all.
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TA_Expert
Supreme |
22-Mar-2020 04:09
Yells: "The World has changed" |
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There are a few options for SIA to consider as fellow members have pointed out. 1) Right issuance 2) Bond issuance 3) Loan from Temasek 4) Nationalised by Temasek Currently, SIA is cutting human expenditures real fast. Take pity of the common folks who will be retrenched. Don' t worry about thsoe senior management because they already can retire comfortably even if they are retrenched.  If you have friends working in SIA, CAAS, SATS and SIAE, go and ask them what' s going on now. While many members here are celebrating the fall of SQ, there are many SIngaporeans who will be losing their jobs.  The aviation industry in Singapore employed more than 119,000 people including the entire supply chain. Aerospace manufacturing companies employed approximately 18,000 people, airline companies (SIA) employed 15,000, while 24,000 worked in the airports and ground service companies. The industry is too big to fail. The government has to bail them especially SIA else the social implication is too huge. Yes, money from the government comes from where? Obviously taxpayers. But can you do anything should the govt decides to bail out SIA? You have elected the govt yourself, so let them do whatever they deem fit. If you don' t like the way they conduct, vote them out in the next GE. But I can tell you that most Singaporeans will still vote the incumbent no matter how. |
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bwavep
Senior |
21-Mar-2020 00:00
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rights issue!  and Temasek eats what existing shareholders can' t swallow?  nvm, just enjoy sipping kopi in the meantime  ![]()
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john_ric
Supreme |
20-Mar-2020 23:18
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funds are selling. wonder who are buying?? |
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Goldfinger
Supreme |
20-Mar-2020 22:16
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Yes, even SG men folk who serve NS still have to pay ABSD, like every other foreigner and PR.  Many Malaysian PR males will never be so stupid to convert to SG citizen.  One spouse will always retain their foreign citizenship - I never understand why our ICA never force both to convert to SG citizenships.     Better that our sons and children migrate if they get the chance.  There is no obvious benefit to being a SG Citizen.  
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Jesmar
Master |
20-Mar-2020 22:14
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For a stock like SIA it should be priced to bankruptcy like many in Wall Street. Still plenty of meat to come down unless the planes can start flying like b4. It is burning cash by the day and based on our patented unique algorithm formula tune out fair value now shld b $1.28... EVEN Temasek cannot save it because it got keppel, sph, sembawang and too many counters to save As the saying goes cannot save all then save itself the dollars better. So meantime just easy sip kopi and wait for it fall to the algorithm price then... chong ah... Huat ah!!! Happy trading folks. | ||||
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Justice888
Supreme |
20-Mar-2020 22:04
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Look at Sembcorp marine maybe we will know .. not so easy
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uiop1223
Supreme |
20-Mar-2020 21:41
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Temasek money come from where? When are the real person that bailing out companies?
Even low income malaysians are treated like expats in sg. Now got 5star hotel to stay. Knn.. i didnt even stay in 5star hotel in sg before. I feel that my life will be much better if i born in china and come here as FT. Even low skill foreign worker can stay in 5 star hotel or provided accomdation.
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Justice888
Supreme |
20-Mar-2020 19:59
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But having said all this .., if Temasek can really buy over will be good. Strong support . The rice bowl of the employees will he saved .
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Goldfinger
Supreme |
20-Mar-2020 19:56
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Zero revenue coming in but millions in high flyer salary flowing out every day and no stomach to cut staff - how much longer can bleed before begging Govt for bail out??? Let it sink to Penny stock first. Then can consider. | ||||
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Justice888
Supreme |
20-Mar-2020 19:21
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Why would Temasek do this? If they can buy at $6 why want to pay $8??
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Goldfinger
Supreme |
20-Mar-2020 19:16
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People not so stupid bah. This SQ sinking fast. Once they signal need for funding - it will be Crash Lansing on our Head one. No hope now. | ||||
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