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Thiamm Veteran	18-Oct-2020 09:33        Thiamm About Contact  Quote this Post!
x 0   x 0  Alert Admin	Read the news today ...... Thiamm      ( Date: 18-Oct-2020 09:32) Posted: The global aviation industry shed more than 350,000 jobs in the past six months, and there is little sign the industry will return to former heights any time soon. The situation looks set to be even more grim. The International Air Transport Association (Iata) has forecast that travel demand will not return to last year's levels until 2024. The Air Transport Action Group, a coalition of industry experts, foresees 46 million aviation-related jobs at risk globally. Iata said Asia-Pacific airlines would lose US$29 billion (S$39 billion) this year, with August traffic sinking 95.9 per cent compared with a year earlier. "The Asia-Pacific was the first region exposed to the weakness coming from the disease outbreak, and their losses will be larger compared with other regions as current demand recovery is not coming with profitability," Iata said in its report in June. Singapore's Transport Minister Ong Ye Kung has said that the global aviation industry will take at least two years to recover from the pandemic. "When a vaccine is widely available around the world and people gain confidence to travel again and visit other countries, then we will have aviation back on its feet, almost fully," he noted in a recent interview with Bloomberg Television. "How long that will take, I can't make a guess I would say minimally a couple of years."
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Thiamm Veteran	18-Oct-2020 09:32        Thiamm About Contact  Quote this Post!
x 0   x 0  Alert Admin	The global aviation industry shed more than 350,000 jobs in the past six months, and there is little sign the industry will return to former heights any time soon. The situation looks set to be even more grim. The International Air Transport Association (Iata) has forecast that travel demand will not return to last year's levels until 2024. The Air Transport Action Group, a coalition of industry experts, foresees 46 million aviation-related jobs at risk globally. Iata said Asia-Pacific airlines would lose US$29 billion (S$39 billion) this year, with August traffic sinking 95.9 per cent compared with a year earlier. "The Asia-Pacific was the first region exposed to the weakness coming from the disease outbreak, and their losses will be larger compared with other regions as current demand recovery is not coming with profitability," Iata said in its report in June. Singapore's Transport Minister Ong Ye Kung has said that the global aviation industry will take at least two years to recover from the pandemic. "When a vaccine is widely available around the world and people gain confidence to travel again and visit other countries, then we will have aviation back on its feet, almost fully," he noted in a recent interview with Bloomberg Television. "How long that will take, I can't make a guess I would say minimally a couple of years."
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ffff152100ffff Master	18-Oct-2020 08:55        ffff152100ffff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Do you know when is the next results out date ? Or anyone know ? Thiamm      ( Date: 18-Oct-2020 08:44) Posted: Seems like heavily vested to bear unrealistic views. Hope the holding price not too high ..... Sparrow999      ( Date: 17-Oct-2020 19:45) Posted: From my view, SIA will survive thru covid-19 and will grow stronger than pre-covid. They will focus more on Artificial Intelligence and less dependence of human in future. U will see more automation and self service too. This coming financial statement I don' t expect to see good results but the lose is not as steep as compared to previous quarter. I expect there' s will be a small amount divided declared this coming financial statement, because of its strategic needs, i might be wrong , don' t take my words too seriously. I still expect full avation recovery by end of 2021, not 2024
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ffff152100ffff Master	18-Oct-2020 08:53        ffff152100ffff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Now thinking that at  at least our  transport minister got do something better then do nothing. ffff152100ffff      ( Date: 17-Oct-2020 11:57) Posted: I think the  transport minister  suggest this don' t help much for SIA, maybe he don' t have other way and this is the only way to help SIA... ffff152100ffff      ( Date: 16-Oct-2020 22:54) Posted: I also think that, who will go there for tour at ths time ? Yesterday this news came out, suddenly SIA stock up 6-9cents, thinking if no one go it will drop more ....A plane must have 75%  passenger  then earn money, if only 50% passenger will lost money.....Am I collect ?
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Thiamm Veteran	18-Oct-2020 08:44        Thiamm About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like heavily vested to bear unrealistic views. Hope the holding price not too high ..... Sparrow999      ( Date: 17-Oct-2020 19:45) Posted: From my view, SIA will survive thru covid-19 and will grow stronger than pre-covid. They will focus more on Artificial Intelligence and less dependence of human in future. U will see more automation and self service too. This coming financial statement I don' t expect to see good results but the lose is not as steep as compared to previous quarter. I expect there' s will be a small amount divided declared this coming financial statement, because of its strategic needs, i might be wrong , don' t take my words too seriously. I still expect full avation recovery by end of 2021, not 2024
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St.Maximus Supreme	17-Oct-2020 20:00        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	I guess you have good points here, except that only the very rich will be able to afford the $600 meals. Not even the CEO knows its results. But I expect very bad results again for 1H. But dream and soar, sparrow. You will fly with the airlines one day! You will be a great way to fly. Sparrow999      ( Date: 17-Oct-2020 19:45) Posted: From my view, SIA will survive thru covid-19 and will grow stronger than pre-covid. They will focus more on Artificial Intelligence and less dependence of human in future. U will see more automation and self service too. This coming financial statement I don' t expect to see good results but the lose is not as steep as compared to previous quarter. I expect there' s will be a small amount divided declared this coming financial statement, because of its strategic needs, i might be wrong , don' t take my words too seriously. I still expect full avation recovery by end of 2021, not 2024
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St.Maximus Supreme	17-Oct-2020 19:57        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	I could not think of any better way to save the airline except to nationalise it. That would have been politically unacceptable and many shareholders would have vetoed it. Thiamm      ( Date: 17-Oct-2020 18:11) Posted: Like you, disposed SIA shares early 2020 and suffered some loss. I felt the right issue and MCB both are unfair and to save a company at the expense of shareholders ..... and tax payers. That' s why I shared my views.   St.Maximus      ( Date: 17-Oct-2020 16:23) Posted: From the two posts below it seems i have bipolar. Let me share with you what actually happened. I have held SIA shares since 2012 or 13, cannot remember exactly. But early this year, I abandoned my SIA shares. I suffered a 10 to 15 % capital loss but that was more than compensated by 6 or 7 years of dividend income from SIA when it was still cash rich. So in reality I have sold SIA. Sad... ... But that is only half the story. I did not buy any stock be it DBS or ST ENG or any other stock. I kept the SIA sales money in my bank just in case I needed for emergency money. It is still there, I think. So I did not participate in rights shares or buy back Still, my heart tells me not to abandon SIA for any other company. Only abandon if I had enough of it and its arkward flight path up and down. I felt giddy as if plane gonna dive and then pull up again only to dive again. So here I am, free of SIA and not on board. I still miss owning a part of SIA. So I make it up by being here with you guys. Hope you do not mind. I am here as an observer and a contributor of ideas and as a commentator. I live on ideas, not just money. That is also why I am here. I am an airplane enthusiast who has worked before in the aircraft industry. Just reminiscing the past in prayerful hope for the future.
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Sparrow999 Senior	17-Oct-2020 19:45        Sparrow999 About Contact  Quote this Post!
x 0   x 0  Alert Admin	From my view, SIA will survive thru covid-19 and will grow stronger than pre-covid. They will focus more on Artificial Intelligence and less dependence of human in future. U will see more automation and self service too. This coming financial statement I don' t expect to see good results but the lose is not as steep as compared to previous quarter. I expect there' s will be a small amount divided declared this coming financial statement, because of its strategic needs, i might be wrong , don' t take my words too seriously. I still expect full avation recovery by end of 2021, not 2024
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Thiamm Veteran	17-Oct-2020 18:11        Thiamm About Contact  Quote this Post!
x 0   x 0  Alert Admin	Like you, disposed SIA shares early 2020 and suffered some loss. I felt the right issue and MCB both are unfair and to save a company at the expense of shareholders ..... and tax payers. That' s why I shared my views.   St.Maximus      ( Date: 17-Oct-2020 16:23) Posted: From the two posts below it seems i have bipolar. Let me share with you what actually happened. I have held SIA shares since 2012 or 13, cannot remember exactly. But early this year, I abandoned my SIA shares. I suffered a 10 to 15 % capital loss but that was more than compensated by 6 or 7 years of dividend income from SIA when it was still cash rich. So in reality I have sold SIA. Sad... ... But that is only half the story. I did not buy any stock be it DBS or ST ENG or any other stock. I kept the SIA sales money in my bank just in case I needed for emergency money. It is still there, I think. So I did not participate in rights shares or buy back Still, my heart tells me not to abandon SIA for any other company. Only abandon if I had enough of it and its arkward flight path up and down. I felt giddy as if plane gonna dive and then pull up again only to dive again. So here I am, free of SIA and not on board. I still miss owning a part of SIA. So I make it up by being here with you guys. Hope you do not mind. I am here as an observer and a contributor of ideas and as a commentator. I live on ideas, not just money. That is also why I am here. I am an airplane enthusiast who has worked before in the aircraft industry. Just reminiscing the past in prayerful hope for the future.
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St.Maximus Supreme	17-Oct-2020 17:03        St.Maximus About Contact  Quote this Post!
x 0   x 1  Alert Admin	Allow me to share again a very painful experience, especially for those who think that a company can never go bust. Some 20 years ago, there was a Singapore listed company Jurong Technology Industrial Corporation that manufactured I cannot remember what exactly. Its IPO price was 20 cents. It shot up to $2.00 within a few years and quickly made it into the STI index stock component. Then, there were some problems and the stock price dropped steadily down until you know what?  ZERO when it got suspended at a few cents. What did I receive when the company went into judicial management? One day, I got in my post a share certificate. I think I have thrown it away as it is useless. Just a memory that can be revived by recalling and writing here. So, here are my memoirs of a previously top company in Singapore, not as big as SIA, but it sure was FIRE HOT in its heyday. Now it is only cold ash. In future do not laugh at anyone with a share certificate. Behind every one is a painful story to tell. ffff152100ffff      ( Date: 16-Oct-2020 21:41) Posted: frame it and hang home.. St.Maximus      ( Date: 16-Oct-2020 12:54) Posted: Friend, what is so funny? What I am saying is that if ever SIA goes into judicial management, all shareholders will have is a memory of their shareholding in SIA be it in the form of a computerised share script, or in the past, we used to get share certificates to prove we had the shares
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St.Maximus Supreme	17-Oct-2020 16:23        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	From the two posts below it seems i have bipolar. Let me share with you what actually happened. I have held SIA shares since 2012 or 13, cannot remember exactly. But early this year, I abandoned my SIA shares. I suffered a 10 to 15 % capital loss but that was more than compensated by 6 or 7 years of dividend income from SIA when it was still cash rich. So in reality I have sold SIA. Sad... ... But that is only half the story. I did not buy any stock be it DBS or ST ENG or any other stock. I kept the SIA sales money in my bank just in case I needed for emergency money. It is still there, I think. So I did not participate in rights shares or buy back Still, my heart tells me not to abandon SIA for any other company. Only abandon if I had enough of it and its arkward flight path up and down. I felt giddy as if plane gonna dive and then pull up again only to dive again. So here I am, free of SIA and not on board. I still miss owning a part of SIA. So I make it up by being here with you guys. Hope you do not mind. I am here as an observer and a contributor of ideas and as a commentator. I live on ideas, not just money. That is also why I am here. I am an airplane enthusiast who has worked before in the aircraft industry. Just reminiscing the past in prayerful hope for the future.
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St.Maximus Supreme	17-Oct-2020 15:51        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Or maybe I should try this... alright guys, i am an STEng shareholder who has benefitted long term from STEng shares (as well as DBS, Sgx etc.etc). Come, sell your SIA shares which you have bought because it is a falling plane and buy rock solid defence company. You will have solid dividends and potential capital appreciation for the next few years. Come, share in my joy! Buy my company's shares and reap generous dividends! Why endure zero dividends from a loss making company? Abandon plane and jump off with your parachute, or better still into my up-engined F16 fighter jet modified, courtesy of STEng. How is that?
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St.Maximus Supreme	17-Oct-2020 14:33        St.Maximus About Contact  Quote this Post!
x 0   x 1  Alert Admin	Now for a point of view from someone vested in ST Eng. I will not suggest someone just sell SIA like that just to buy ST Eng even if it seems the latter is a ' better' stock. It is also subject to the fortunes of the aviation industry. Can I say that while it is true that there is no dividend to look forward to, SIA shareholders can hope that their shares will rise back up to a certain level when SIA becomes profitable again, if and when that should happen. One must therefore be patient. To privatise SIA is not an option because I do not think anyone can except the Govt. No private company can buy up SIA, not even qantas, emirates, cathay pacific. It is after all our national carrier.
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Thiamm Veteran	17-Oct-2020 14:26        Thiamm About Contact  Quote this Post!
x 0   x 0  Alert Admin	People mostly bought into SIA for dividends and still holding on to it with hope that they will receive dividends again. SIA did not declare dividend after its last FY ended, instead shareholders were faced with huge right issue, MCB and falling share price. Don' t think SIA will be paying dividend at least for the next 2 years depending when it will turn profitable again. If still prefer a ' SG' company, there is ST Engineering (a strong dividend company), banks, REITs, of course there are more. Do a ' change horse' , sell SIA and buy ST Eng on the same day.  SIA has now greatly diluted its shares (3:2 right issue) and huge debt to repay. Its MCBs have a 10 years tenure that expires in 2030, the reason is obvious. In fact, its financial performance has been declining even before covid-19. When covid-19 happened, it took the aviation industry down globally, which goes to show how vulnerable it is especially SG, HK, .... countries with no domestic service. From this crisis, one can see that a big percentage of the capital (share value) goes to buy/renew aircrafts, depreciation, maintenance, etc. It operating cost is always high like staff renumerations (pilots/cabin crews), even during the pandemic, and etc. Maybe better for SG to take SIA private. ** not vested with ST Eng DYODD
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St.Maximus Supreme	17-Oct-2020 12:05        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is good to keep the airline industry occupied. But that does not necessarily mean profitably occupied.
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ffff152100ffff Master	17-Oct-2020 11:57        ffff152100ffff About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think the  transport minister  suggest this don' t help much for SIA, maybe he don' t have other way and this is the only way to help SIA... ffff152100ffff      ( Date: 16-Oct-2020 22:54) Posted: I also think that, who will go there for tour at ths time ? Yesterday this news came out, suddenly SIA stock up 6-9cents, thinking if no one go it will drop more ....A plane must have 75%  passenger  then earn money, if only 50% passenger will lost money.....Am I collect ?   St.Maximus      ( Date: 16-Oct-2020 22:45) Posted: Not many will go even though covid under control and protests die down
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St.Maximus Supreme	17-Oct-2020 09:40        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Startrek is a little outdated, 1990s stuff. Need a 2040 vision. Any other recommendation?
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SAVIORFOREVER Supreme	17-Oct-2020 08:48        SAVIORFOREVER About Contact  Quote this Post!
x 0   x 0  Alert Admin	I rather have the star trek enterprise model. Trade with awareness and DYODD St.Maximus      ( Date: 17-Oct-2020 07:09) Posted: Not a bad idea at all to build a mock up of airplane restaurant. But please do not use an old plane. Planes are designed to fly. Sell the old plane and use the money to construct the world's first ever restaurant shaped like an SIA plane. kcowen      ( Date: 16-Oct-2020 00:36) Posted: i think SIA can open a permanent aircraft themed restaurant at Changi airport using the retiring plane.
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St.Maximus Supreme	17-Oct-2020 07:09        St.Maximus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not a bad idea at all to build a mock up of airplane restaurant. But please do not use an old plane. Planes are designed to fly. Sell the old plane and use the money to construct the world's first ever restaurant shaped like an SIA plane. kcowen      ( Date: 16-Oct-2020 00:36) Posted: i think SIA can open a permanent aircraft themed restaurant at Changi airport using the retiring plane.
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simpleguy123 Elite	17-Oct-2020 00:24        simpleguy123 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Erh if unemployment rates remain high, i doubt anyone has much cash to go travelling next year. Unless the person is a paid-sponsored IG Influencer, and gets to travel on sponsored trips.
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