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SIA
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SIA revived
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maxlim3
Member |
05-Jun-2021 14:48
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If we were to take dilution due to MCB into consideration, i think it is worth lesser than that. But market don behave that way and don think so cos it is still 9 years plus down the road plus the fact that the MCB is structured in such a way that it favours the issuer.
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Panda8
Veteran |
05-Jun-2021 14:09
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dated 21st May 2021, UOB Kay Hian (UOBKH), which has a &ldquo sell&rdquo call on SIA, cut its target price to S$4.15 from S$4.40 previously to factor in dilution from the MCBs. Waiting to re-enter!  | ||||
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SembMarineLong
Veteran |
05-Jun-2021 12:36
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Long to enjoy
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TezzSay
Member |
05-Jun-2021 09:17
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Thought better for SIA, they hedge the oil and with cargo price going up . Think once border open with new EU agreement. Ready to soar. | ||||
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kepoh88
Veteran |
05-Jun-2021 01:40
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with high oil price and strong greenback...SIA will kanna jialat-jialat
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Eyxm86
Member |
05-Jun-2021 00:58
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wah.. more.revenue
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Starship
Supreme |
05-Jun-2021 00:06
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Asean, EU seal world' s first bloc-to-bloc air transport pact FRI, JUN 04, 2021 - 5:31 PM ASEAN and the European Union (EU) have negotiated the world' s first bloc-to-bloc air transport agreement, liberalising air transport by giving airlines of both regions greater opportunities to operate passenger and cargo services, Singapore' s Ministry of Transport (MOT) announced on Friday. Negotiations for the Asean-EU Comprehensive Air Transport Agreement (AE CATA) were completed at the Extraordinary ASEAN-EU Senior Transport Officials Meeting, held virtually on June 2. " The AE CATA will enhance air connectivity between Asean and Europe and facilitate people-to-people and business exchanges. This will help support economic development in both regions as we work towards recovery from the Covid-19 pandemic," MOT said. Under the agreement, Asean and EU airlines will be able to fly any number of services between both regions. In addition, airlines will be able to fly up to 14 weekly passenger services, as well as any number of cargo services, via and beyond to any third country. https://www.businesstimes.com.sg/government-economy/asean-eu-seal-worlds-first-bloc-to-bloc-air-transport-pact |
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SembMarineLong
Veteran |
04-Jun-2021 20:30
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Long to enjoy
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RL16EGG
Veteran |
04-Jun-2021 20:19
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i bought last year jun also but sold all  2 mths again. now gradually buying back but our friend SIA is still being hold  upright by ah gong  ![]()
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SinglePore
Member |
04-Jun-2021 20:05
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I guess with so many unwanted rights, we can also subscribe MCB without having right, by paying at the ATM.  If you buy right at $0.001, on 25 Jun the opening price of MCB must be at least S$1.01 for you to make kopi-o money. If MCB price goes down below $1, many people will regret subscribing MCB.  That' s the same story of right issue of SembMar of $0.20, later on traded down until $0.13, which made so many people not happy.  Who want to guess the SIA MCB will trade way below S$1, e.g. $0.70, or $0.60 ?  Anyone?      |
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investor999
Elite |
04-Jun-2021 19:16
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I understand this..Therefore I suspect some investors may be selling SIA shares to pick up MCB.
Eg if you use cash to buy MCB, and don't intend to sell until 2030.
For those who just turn 55 years old, you can now withdraw your CPF monies.
And if your intention is to have a fairly risk shares and have a horizon of 9 years, buying MCB is a good option.
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SembMarineLong
Veteran |
04-Jun-2021 19:13
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Yeah same, I bought last year June, sold some along the way. Holding most of it now till tp. Long to enjoy
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Eyxm86
Member |
04-Jun-2021 18:58
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https://www.businesstimes.com.sg/companies-markets/mcbs-may-be-better-play-on-sias-recovery-than-shares-phillip | ||||
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investor999
Elite |
04-Jun-2021 18:14
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Do you know that I bought SIA for more than 1 year?
My prices started from high to low because I kept averaging down.
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SembMarineLong
Veteran |
04-Jun-2021 17:30
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I admire your guts and investing style investor999. I collected enough, just waiting for TP. Long to enjoy
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investor999
Elite |
04-Jun-2021 17:19
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I want to prove you wrong. You sold at 4.87
I bought some more at 4.86
Next week you sell some more, I buy some more.
This is my conviction in my trades
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SembMarineLong
Veteran |
04-Jun-2021 17:17
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Long to enjoy
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investor999
Elite |
04-Jun-2021 17:14
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You see these thousands of SIA LTD R in your portfolio.
Ignore them as they will expire on 16 June
You can only use them to buy MCB before 16 June
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investor999
Elite |
04-Jun-2021 17:11
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You got it all wrong.
Your SIA shares are safe..Nothing will change. The price won't change because of MCB.
So they give a MCB rights and already split from your shares.
You can ignore these rights as they are quite useless unless you want to buy MCB.
Buying MCB will not give you returns until maturity which is in 2030.
In fact if you want to take back your money buy selling the MCB, it is likely you will sell at a loss in open market.
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SembMarineLong
Veteran |
04-Jun-2021 17:03
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Your shares are safe. You probably wouldnt want to sub the MCB. Hold your shares till your target price is reached. Long to enjoy
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