| Latest Forum Topics / SIA Last:6.94 -- |
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SIA
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bhav23
Member |
21-May-2020 18:40
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Do y' all think it is good idea to buy mother share at 3.64 for long term? I am curious 🤨 | ||||
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uiop1223
Supreme |
21-May-2020 18:32
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🙉 🙈 🙊
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AhLiang
Elite |
21-May-2020 18:26
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I am a very patient person. I can wait. So I get the fun by just watching.
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newbieliu
Elite |
21-May-2020 18:07
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uiop1223 u r so funny lol.  He was advertising his trading analysis and u pour him some cold water LOL
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newbieliu
Elite |
21-May-2020 18:05
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wah the final episode for this season was not as exciting as usual as most drama .... no shooting up but just maintain ard 55 cents for right shares and 3.65 for mother shares....  All the best to both sides. shortists or longists okay! Sold my excess lots at smaller loss lol.  |
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uiop1223
Supreme |
21-May-2020 18:05
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1) those who hold rights after end of today will have the rights credited to CDF account and they will need to pay $3 for every SIA share they wants to subscribe by 28 may. After 28 may, the rights become worthless paper. Not quite what u meant by stuck? As u will need to pay $3 to buy each share. If u didnt pay, then no share will be credited to u and ur rights just lapsed. U are not obliged to pay the $3.
2) if u change ur mind, u can choose to subscribe and sell after 8 june. By shorting daily and buy back daily, i think u refers to naked short which is costly as u will incur daily comm and clearing fees. U can consider shorting using CFD or SBL. CFD is cheaper as it doesnt need to incur clearing fees. Can also check the shorting charges for CFD and SBL.. though i think costs doesnt make a material difference since only short for ard 3 wks. 3) im not sure..
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stanleytay
Master |
21-May-2020 17:52
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Hahaha.. you are not even vested. Why do u need to be so negative.
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AhLiang
Elite |
21-May-2020 17:51
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Even if SIA drop until $0.001 holders of rights also cannot do anything except letting them taken away by Ah Kong. | ||||
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takashinzy
Member |
21-May-2020 17:32
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Quite fair assessment. I tend to agree i am no expert though.
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Horseman1234
Member |
21-May-2020 17:18
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Hi Guys Please check my trading analysis and hopefully my trading plan going forward. 28 may - last date to make use of the SIA rights 8 jun. -  new shares starts trading. Meaning 1)  those who holds the SIA rights intending to exercise are stuck with SIA shares from now until 8 jun. 2)  Also if they have change of mind or need hedging they can only short SIA shares every day in the morning and buy it back in the day close. 3) Those wishing to buy will likely  hold back until after window  8 jun when the total flood of SIA shares hit the market.. If above is true..    Going forward trading will mostly on the sell side until 8 jun Thank you for any comments |
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takashinzy
Member |
21-May-2020 17:16
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Interest is not there on d market it seems.. | ||||
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AhLiang
Elite |
21-May-2020 17:08
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If you haven't covered your R shorts you can still do so now till about 5.16pm. | ||||
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Oldman278
Senior |
21-May-2020 17:08
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He should change to benny??
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danger
Supreme |
21-May-2020 17:07
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too bad benny up 7 cents today
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tangoanna
Master |
21-May-2020 17:05
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Please remember to exercise your rights by 28th May! If not, Ms Ho have to cough out more billions.
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danger
Supreme |
21-May-2020 17:01
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he put bennyTAN
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wenyen
Master |
21-May-2020 17:00
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On behalf of SIA, MCB R and SIA R say thanks for those who donated to them Till next time.. |
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Oldman278
Senior |
21-May-2020 16:58
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What?s ur surname?
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danger
Supreme |
21-May-2020 16:54
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Where is benny ? 5 mins to go
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skyearth_22
Member |
21-May-2020 16:32
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Yeah will be interesting... but they have until only 28th to convert to mothershare right. 
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