| Latest Forum Topics / SIA Last:6.86 -- |
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SIA
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uiop1223
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15-Mar-2020 16:31
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Feb operating results should be out soon. SIA reports monthly on their operations such as passenger and cargo load. Usually results be out mid of following mth | ||||
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Goldfinger
Supreme |
15-Mar-2020 15:11
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Yes, from what I understand - many are not flying much at all.  All these are material disclosures and I wonder why SIA is not announcing this via SGX announcements.  IF a factory had to shut down - I am sure these would be disclosed.
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snowblaze
Member |
15-Mar-2020 14:58
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I am not offended at all. Only ownself to blame that have no foresight last year to sell before this virus hits hard and spread fast.  I also did my own ground check... ask around SIA friends, realise many only have a few working slots these two months. Some whole month blank. Some LOA, no pay. 
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Papason883883
Senior |
15-Mar-2020 14:12
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Hope no one is offended by the negative feedback that most of us post. This is to safe guard the new investors. Think end of day everyone hope to win some pocket money. No offence. | ||||
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Goldfinger
Supreme |
15-Mar-2020 13:31
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Hotels can still make some money from restaurants and staycations. Airlines - if no one travels - can close shop and bleed. | ||||
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snowblaze
Member |
15-Mar-2020 13:16
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Oh no.. so many bad news today!  Australia is going to isolate all international flights, Spain imposed total lock down. France is telling it' s people to stay home!  think no chance for me to cut loss at $8/$9 next week already. I was just hoping Monday can go up 10% as US ETF is up on Friday  |
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Goldfinger
Supreme |
15-Mar-2020 13:10
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SQ sure major hit - overheads are very very high and planes and Pilots and air crew are idling. The situation will be very dire. | ||||
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uiop1223
Supreme |
15-Mar-2020 11:49
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But no allowance? I know sq gals basic pay is low, allowances is high. But im not sure regarding pilots
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Sgvale
Supreme |
15-Mar-2020 11:41
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Taxi drivers also no business . The sky taxi drivers too
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Sgvale
Supreme |
15-Mar-2020 11:39
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Pilot still get paid.So shiok!
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gravity8888
Supreme |
15-Mar-2020 11:16
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Already drop to the lowest as compared to 2003... If 3 dollar... Temasek will take it private | ||||
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uiop1223
Supreme |
15-Mar-2020 11:06
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Well, there are some FA experts who wanna chew this at $3
Let it fall. I earn my shorts and they get their junk shares |
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Goldfinger
Supreme |
15-Mar-2020 10:56
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My SQ pilot friend say he has no flights assigned for weeks. This will show you how badly SIA is now doing. Losses and write downs for this FY May be shock and awe time. Several billions I think. | ||||
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uiop1223
Supreme |
15-Mar-2020 08:40
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Ignoring the virus crisis, Fundamentally, SIA bet wrongly in oil and will pay dearly for it. Fundamentally, budget airlines are flying to further destinations and less will want to pay premium prices to fly SQ.
You tell me what is fundamentally good about SIA? Maybe when they issued bonds and invest into students housing and elderly care? |
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TA_Expert
Supreme |
15-Mar-2020 03:46
Yells: "The World has changed" |
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You need to know why it goes down to $3. That' s why fundamental analysis is importance. Anyway, please short it down to $3 so that my gang will scoop them up. We are willing to take the risk even if continues to fall below $3.
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snowblaze
Member |
14-Mar-2020 23:57
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Thanks for sharing your perspective :) I will think ahead and see what to do next week. But your latter makes more sense to me because I think the downside is > upside at least for the next few months. 
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uiop1223
Supreme |
14-Mar-2020 23:43
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For me, i will sell when mkt rebound on monday and possibly tues and cut loss follow by 2 option: wait for a good entry price to long or short till your target price and go long.
This virus is presenting once in 10yrs to earn money from travel related shares. I personally find it very wasted if just sit on current paper loss and do nothing |
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snowblaze
Member |
14-Mar-2020 23:10
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I see.  It' s like hedging the stocks which I have already? I' m thinking to short it but not sure if there' s still meat to go down more. In a way, I am showing that I want my paper loss to be even more haha 😂  
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uiop1223
Supreme |
14-Mar-2020 22:54
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If u really like this stock, short till the travel picks up and use the profits to buy the shares for free
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snowblaze
Member |
14-Mar-2020 22:38
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I am getting very worried for this stock. More and more Cities are locking down. Even mentally, people are avoiding travelling for recreation, and travel for very important business trips.   Their oil hedges are not helping them at all. No signs for clamping down the virus spread in US and Europe yet.  Very red for this. Hopefully can average down when it goes lower? Hope ah gong can buy now and pump this stock price up! |
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