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SIA
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sun233
Elite |
16-Feb-2017 20:24
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As long as oil rises airline stocks will langush.   Oil is the biggest espense of airlines. Unless they can show profits from low   cost carriers...... but like CEO said, " challenging evironment.   ' The main reason why sq hit an all time high of 11+ was because of Tiger takeover. It was highly thought that Tiger will be a win win for SQ. It is but it will take time. The impairment charge for Tiger was factored into latest earnings just like the strike in Germany will be factored into next earnings. Let' s hope that it is not bad and the strike will be called off. 
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leongyan
Master |
16-Feb-2017 16:41
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dont know if will hit that low. Range bound presents opportunity to trade in out. Better that way. No need to hold too long and worry about oil and other air related issues
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seanpent
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16-Feb-2017 14:55
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better support at 9.57 to 9.60 ?
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leongyan
Master |
16-Feb-2017 14:16
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let the dust settle. collect more on weakness all i can say
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sgng123
Supreme |
16-Feb-2017 13:56
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Not much to make as share movement rarely move beyond 1.5 % daily, go up too much then it go sold off same day in very fast pace. Snail crawl to 10 then slip back fast to 9.80. Basically trading in narrow band, 6 month weighted average price approaching 10. Today got a bit sold off despite better ops result yoy due to more leaks on bad hr practice on MC policy. SIA management remain quiet on this and bb apply pressure by selling a bit. The pressure would continue to apply on management to balance investor interest and employee welfare, same shit that happen in SMRT. Advice to investors, keep holding as SIA most undervalued blue chip in sgx with potential value unlocking in SIA Eng stake plus current ops result trend turning positive. Same dividend as last year expected as operating profit in line.  |
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alexchew
Master |
16-Feb-2017 13:37
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thanks
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leongyan
Master |
16-Feb-2017 13:34
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Hedge is to protect the bottom line. Market sentiment on oil increase and its effects do affect the share price somewhat. Stock markets are driven by many psycholigcal effects, be it retailers and instituational investors.
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alexchew
Master |
16-Feb-2017 13:17
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if SIA maintains high level of oil hedge strategy, why does the oil movement affects the share price so much? |
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leongyan
Master |
16-Feb-2017 13:08
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Sep 2015 it hit a low of 9.57 and rebounded to 11.60 in may 2016 as oil went south. hit another low of 9.60 in Nov 2016 and went up to 10.18 in Jan and now hovering at 9.80..Pattern can make some short term trading gains though    
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sun233
Elite |
16-Feb-2017 08:48
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Lufthansa strike. Berlin srike. Caution |
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sgng123
Supreme |
15-Feb-2017 21:52
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Yup operating turning positive yoy, might see stock price reversing trend. But again limited upside, max is 1x revised book value approx 11.72 about 15% upside potential but again it would move slowly upward daily gain not exceeding 1.5%. No chance to punt lol. Hope sia divest away siaeng holding then all investors get big big special dividend this year. Tomorrow dbs result might cause meltdown in sti again, take care. |
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BBbull
Senior |
15-Feb-2017 17:23
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Excellent operating results for Jan. Price should rise tomorrow! |
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sgng123
Supreme |
14-Feb-2017 17:43
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Hope sia eng 77% holding get divested and special dividend this year, anyway sia need to raise free cash to 5 bill plus to meet the increased yearly capex after 2h17. |
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sun233
Elite |
14-Feb-2017 07:50
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Oil' s rise will affect price. I see more downside near term. Challenging times indeed. |
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sgng123
Supreme |
10-Feb-2017 14:47
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Hard to cross 10.10 as market push back, plus no share buyback last few months. Abnormal as SIA usually do their share buyback in q1 and q4, no share buyback no sustain rally due to zero interest. 3 month weight average price dip below 10 while 6 month 10.12, maybe temasek privatisation coming don matter what current stock price now. Offer most likely 1x book value |
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sun233
Elite |
10-Feb-2017 08:19
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It doesn' t take a genius to realise that they have hedged oil at a high price so now they are extending contracts for longer period. Alamak i also can do that it' s simple math. SIA has lost it' s loving feeling. The hey days are gone. Thay have to compete with Arab airlines. Goh had better start changing strategy. What he is doing is not working. He introduced IT but he needs a new game plan. SQ made cash simply because they raised prices on tickets during peak holiday time. Kangaroo route cut but at least plus point is they are going to increase the number of flights elsewhere. Better do that fast before countries go protectionist. I see that it is going to have a hard time crossing the 10.10 mark. DYODD please. Just my opinion. |
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sun233
Elite |
10-Feb-2017 08:12
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Exactly spend money not earn. Will benefit but long term........ near term still headwinds. Very odd........when US companies go on spending spree....... Buyer falls and purchased counter rallies.........here it is the other way round. No real benefit short term. 
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sgng123
Supreme |
10-Feb-2017 03:28
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Well SIA hedge 33% fuel at 53 to 59 brent for the next 5 years till 2022, oil go up good for sia lol cos fuel syrcharge go up too lol. Even if oil go down, not much damage done since only 33%. SIA had burned 1 billion on oil hedge losses in 2016 as they got the oil bet wrongly. This time they wanna play longer lol. This one is full of gov favor to oil and aerospace industrial, basically supporting europe and us aerospace industries so they continue to play good on sg. SIA political tool using private fund but again 55% owned by temasek so most of money comes from public. Most likely from now share buyback would kick in to make investor happy. Max upper limit 12 top as current book value is 11.72, 4q most likely would push it to 12. |
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amandayoung
Elite |
09-Feb-2017 23:00
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So happy for what ? Spend $ . Not earn $.
Not SIA wins $13.8 Billion Contract for exclusive airliner for Top 100 Forbes Companies. Smell of Poltics : ) Buy from Airbus have to Buy from a bit from Boeing. Airbus contract bigger. |
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KiLrOy
Elite |
09-Feb-2017 22:03
Yells: "I buy only what I can see." |
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Boeing wins US$13.8 billion Singapore Airlines order for wide-body jetsSingapore Airlines (SIA) has announced an order for 39 Boeing passenger planes worth US$13.8 billion as part of its growth plans for the next decade. The carrier said in a statement on Thursday (Feb 9) that it had signed a letter of intent with the US manufacturer for 20 ' 777-9' s and 19 ' 787-10' Dreamliners, with options for six more of each aircraft, bringing the total to 51 if exercised. http://www.channelnewsasia.com/news/business/singapore/singapore-airlines-to-buy-39-boeing-planes-worth-us-13-8b/3504470.html?cx_tag=trendingbiz& cid=tg:recos:trendingbiz:standard#cxrecs_s |
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