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SIA
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SIA revived
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ffff152100ffff
Master |
07-Dec-2020 18:18
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Ok OK, tomorrow up abit and sell away and wait for below 4 than buy...
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Singpost
Master |
07-Dec-2020 16:57
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let it fall as no income for SIA so no hurry till go below 4 |
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investor999
Elite |
07-Dec-2020 16:56
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Short sellers attacking SIA shares
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Isolator
Supreme |
07-Dec-2020 15:20
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Enjoy the rally... | ||||
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valve2020
Veteran |
07-Dec-2020 14:55
Yells: "life is like stocks, full of ups and downs" |
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wait for more travel bubble to open up first & success of vaccines injections for mass populations. if some fall sick from the vaccines, share price of this counter will fall again...
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investor999
Elite |
07-Dec-2020 14:42
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Ok let's take $10 = $5.80 post right
Range $3.20 low to $5.80 high.
Now $4.47 = recovered 49%
I think we can go for $4.80
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valve2020
Veteran |
07-Dec-2020 12:30
Yells: "life is like stocks, full of ups and downs" |
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at its peak price $10 plus....
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Starship
Supreme |
07-Dec-2020 12:17
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News circulating abt SIA interested to take over Air India. Previously, India Court made Singtel pay billions of backtaxes after it took over Bharti Airtel. Now this DBS bombshell saga shows SG companies are nothing more than sugar daddies to India!!!!!! : Indian court directs DBS to give undertaking to compensate LVB shareholders in case it rules so later 2 December 2020 It was reported that the Indian High Court in Madras passed an interim order last Fri (27 Nov), proceeding to protect the interests of the Lakshmi Vilas Bank (LVB) shareholders. The Indian government has earlier announced to merge the loss-making LVB with DBS India. It has also allowed the entire amount of the paid-up share capital of LVB to be written off. That is to say, LVB&rsquo s equity will go down to zero and the original shareholders of LVB will get nothing. Following this announcement, LVB shareholders filed a petition to the High Court in Madras demanding compensations. In its interim order, the Madras High Court directed DBS that no further prejudicial action should be taken against the LVB shareholders and asked DBS to furnish an undertaking to compensate LVB shareholders in case the Court rules so at a later stage. The High Court further directed DBS to create a separate reserve fund in its books of account to the extent of the face value of shares of the transferor company (LVB) and maintain the same subject to further orders from the Court. &ldquo &hellip completely reducing the shares is not an exercise which has happened in the public domain and the shareholders do not appear to be aware of the exact reasons why this is so,&rdquo the Court observed. Further, the court added that even if the authorities have the power to reduce the share value during an amalgamation under Section 45 of the Banking Regulation Act, reducing it to zero or negative, prima facie, it cannot be done without very compelling reasons. Major shareholders in LVB include Indiabulls Housing Finance (4.99 per cent), Prolific Finvest Private Ltd (3.36 percent), Srei Infrastructure Finance (3.34 percent), MN Dastur and Co Pvt Ltd (1.89 percent), Capri Global Holdings Pvt Ltd (1.82 percent), Capri Global Advisory Services (2 percent), Boyance Infrastructure Pvt Ltd (1.36 percent) and Trinity Alternative Investment Managers (1.61 percent). As of 27 Nov, LVB ceased to exist and have become part of DBS India. LVB was founded in 1926 by a group of businessmen in Tamil Nadu. The bank rose to prominence lending to small businesses. But the fall came quick after it aggressively shifted from retail to wholesale loans, resulting in a lot of bad loans. The next hearing is likely to be held on January 5 next year. https://www.onlinecitizenasia.com/2020/12/02/indian-court-directs-dbs-to-give-undertaking-to-compensate-lvb-shareholders-in-case-it-rules-so-later/ |
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tongphlp
Supreme |
07-Dec-2020 11:56
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embarassed to say..
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investor999
Elite |
07-Dec-2020 11:53
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So what was the peak price of SIA?
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tongphlp
Supreme |
07-Dec-2020 11:49
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RM6.80? :)
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Isolator
Supreme |
07-Dec-2020 11:48
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Never go against market direction... long to enjoy... | ||||
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tongphlp
Supreme |
07-Dec-2020 11:46
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I' ve been with SQ since the past decade :)
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investor999
Elite |
07-Dec-2020 11:44
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I have been with SIA for the past 10 months. I know
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tongphlp
Supreme |
07-Dec-2020 11:40
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Yah. Only believe in yourself...
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Isolator
Supreme |
07-Dec-2020 11:40
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Feel the force.... not many people can see this.... long to enjoy... | ||||
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investor999
Elite |
07-Dec-2020 11:36
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Last time UOB came up with this pivot point 3.46 and said would rise to 3.97 then SIA plunged to 3.38
Don't believe them now
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investor999
Elite |
07-Dec-2020 11:27
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Because they have sold and hoping to buy back at 3.80
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Isolator
Supreme |
07-Dec-2020 11:19
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Long to enjoy.... 6.8 | ||||
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vicloo
Supreme |
07-Dec-2020 10:57
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UOB gave SELL TP at 3.8. Caution
https://research.sginvestors.io/2020/12/singapore-airlines-uob-kay-hian-research-2020-12-04.html |
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