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SIA
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Eagle88
Supreme |
12-Jun-2017 10:12
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Qatar is sequeezed in between two big brothers Saudi and Iran.... being a " small brother" has to play her role very well...else might become the next Kuwait during Saddam' d time.....no more also got problems, got lots of money also got other problems...lol...
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Eagle88
Supreme |
12-Jun-2017 10:04
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Saudi red eye on Qatar' s sovereign welth lah...may be wanted to borrow from Qatar but could not....lol....Big brother syndrom lah....
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famouspinky
Supreme |
12-Jun-2017 09:19
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Costs cannot justify demand is the word. Drinks expensuve or nt? Dont drink la. Air line tix expensive? Go budget. Some thgs can go budget. Some things cant. Supply plenty? Basic economics.
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Demostation
Supreme |
12-Jun-2017 08:39
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Business costs in Singapore is higher than most other countries' , so can understand many companies continue to lose money due to " higher everything" .. This is one of the reasons our market always is on the downside. | ||||
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investshare
Supreme |
12-Jun-2017 08:31
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Wow Qatar Air profit up 22%. | ||||
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investshare
Supreme |
12-Jun-2017 07:58
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I have one question. Saudi said Qatar sponsor terrorism, why Singapore still allow Qatar air here? | ||||
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sgng123
Supreme |
11-Jun-2017 22:51
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Most likely MRO business would be separated from sia as it alone employed 5000, 3000 tech, 1000 engineer and rest management. Job cut sia eng would get hit very hard as it belong to non core business, can be sacrificed most likely temasek would privatise it since share price rising steadly this year. SIA would eventually sold off to middle east to gain economy of scale and boost traffic in time for changi expansiob. Sg gov these few year washing hand of operating transport business, it either subcontract operating to third party while holding to maintenace and repair or sold off entire business with condition tied. Be prepared to see sia changed hand from sg to foreigner just like nol did. In fact it might be ongoing as changi group got the contract to operate saudi arabic airport for 20 years, most likely sia would be sold to saudi. | ||||
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sun233
Elite |
11-Jun-2017 19:57
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Agree 100%. Not vested. They haven' t recovered from their oil fiasco. Will have to hear more details about their forward looking plans before i buy. I' m afraid after retrencement benefits are paid out there willbe another leg down in prices. Just watching from the sidelines. More pain to come.
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sgng123
Supreme |
10-Jun-2017 09:19
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In summary, high EQ prefered in business world, high IQ just stay in gov board or university and stick with researcher job. Try placing high IQ scholars to run sg companies, u get shitty result as they could not adapt to ever changing business environment. Sad part elitism too heavily ingrained into sg gov so much they could not break free, in the end sg icon companies would get sold off that id the rventual outcome. | ||||
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incirent
Senior |
10-Jun-2017 02:48
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It took Uncle Lee & the ruling party several decades to build up Singapore Inc and it is sad to see it faltering. Working hard till being hospitalized is admirable but working smart is the solution in managing icon corporations like NOL, SIA, SMRT etc. There isn' t any doubt that the present management teams in various branches of Singapore Inc are loyal, intelligent/hard working scholars. However, to succeed in the business world, it takes foresight, business acument and, most important of all, thinking outside of the box. Cathay Pacific is a good example to follow.   |
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sgng123
Supreme |
09-Jun-2017 12:36
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Sia eng break 4, signalling privatization soon and sg gov might finally decided to breakup MRO from airline. Watch out for sia eng movement as this would eventual lead to sia delist. | ||||
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sgng123
Supreme |
09-Jun-2017 01:32
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Why waste resource on restructuring lol, might as well sell to the highest bidder and let them do the dirty job of cutting jobs. Selling off SIA good for everyone since sia cannot compete with chinese or middle east airline as they got a big protected domestic market to fall back. Unless sg gov prepare to take back sia and pour billions to aggressive expand network. Seeing how they give up so easier on nol, doubt they wanna burn cash to grab back market shares. The ceo leaking job cut before they actually cut jobs most lijely meant a big one coming...
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famouspinky
Supreme |
08-Jun-2017 22:46
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The world is so different now.
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FATABA
Supreme |
08-Jun-2017 22:37
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SIA was ( yes I use the word was) the darling and envy of the airline industry in the past . There are many creative first in SIA ....which I need not list them for many of us are familiar. However, today , we can hardly list anything that is special for SIA.  Worst the management is slow ...reactive than proactive. UNLESS there is a concrete plan for some special true Restructuring of its business....its going to be very tough to fight it out against the many budget and even airline like Qatar and coming chinese airlines. Cutting cost by reducing manpower is easy and simple straight forward .....BUT does this really solve the underlining issue in SIA ?  I am afraid not .....until I hear of a real plan and maybe some SERIOUS changes into the management team...> I dont see any catalyst for SIA in the longer term . NOT vested .  
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sgng123
Supreme |
08-Jun-2017 22:36
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We become middleman for selling national icon lol, no talent to run them might as well sell to highest bidder. The world getting globalised no need for national champion, just need cheaper option for travel. | ||||
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famouspinky
Supreme |
08-Jun-2017 22:09
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Then bring new team in from Emirates like cma to NoL. Whats becoming of sg
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famouspinky
Supreme |
08-Jun-2017 22:07
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Vwry similar to when APL logistic was sold. Buyer just want it Clean.
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sgng123
Supreme |
08-Jun-2017 21:53
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Still remember nol ceo the army general, he switch to sph and currently causing damaging to stock price when announced he become new ceo in july. That how scholar is viewed in market, they plague for stock price.
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sgng123
Supreme |
08-Jun-2017 21:50
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Once sia sold, the new owner would start cutting jobs like what happening to nol. We had given those supposed scholars management 5 years each for both nol and sia, too bad they high on IQ, zero EQ. High EQ is what made a successful business, high IQ can stay in university   or gov board to become researcher. World richest persons most are not scholars, they are just those mischief dropout with very high EQ. When sia annouced they setting up transformation office the writting on the wall it gona be sold away, further confirmed by ceo leaking job cut. Senario very similar to nol, buy new ships do cost cutting, in the end sold away. All those restructuring most likely requested by buyer before purchase is confirmed, meaning buyer want sg side to do most of the heavy lifting before they take over and do the easy job of cutting jobs lol. Again we waiting for the sign, once sia eng divestment happen, sia sale would follow. Sia eng stock price on a roll lately, sign pointing to privatisation. | ||||
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sun233
Elite |
08-Jun-2017 20:37
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I' m sure he will get a slap on the wrist. National icon.......... announce to ang moh first before to staff. Some staff wanted to resign but were advised to stay on to take package for early retirement. Then they comeback on contract and think they can continue as before......
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