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SIA Last:6.97

-0.08

SIA revived

wah brother dont like that say if every 5years 1 big virus come hantam us my heart cannot take it

uiop1223 ( Date: 10-Jun-2020 12:19) Posted:

Maybe Covid25 or Covid30? 🤣 🤣 🤣 🤣

Dango95 ( Date: 10-Jun-2020 12:16) Posted:

Would it be feasible to say that if I dont mind holding this share for lets say 5-10years i can buy in now and just wait for it to crawl back up?

Maybe Covid25 or Covid30? 🤣 🤣 🤣 🤣

Dango95 ( Date: 10-Jun-2020 12:16) Posted:

Would it be feasible to say that if I dont mind holding this share for lets say 5-10years i can buy in now and just wait for it to crawl back up?

Can. Little price movements. Yesterday $1.003. Today $0.998

lingua101 ( Date: 10-Jun-2020 10:39) Posted:

So this MCB cannot be traded? I know this is bond, but I saw it on my CDP portfolio just wonder....

whenissued ( Date: 08-Jun-2020 18:22) Posted:

For all non-government bonds, the principal is NOT SAFE. If the company backing the bond fails, the bond fails too, ie, all money is lost. If the government is corrupt, inept and continues to print money (increasing money supply) without proper economic justification, government bonds can also fail.

An example of a failed non-government bond is Hyfux Perpetuals and Olivia Lum-rubbish. I personally lost $5k. I do not expect any return, let alone the principal. Any money coming from this debacle (fat chance!) will be used to buy a McDonald' s Value Meal.

SIA MCBs are indirectly government-backed via Temasek. The government will not let SIA fail for the sake of national interest. These bonds are relatively safe. However, if (God forbid) in the next 10 years corruption sets in the government, then SIA MCBs will be as safe as any non-government bond, ie, not safe at all.

Given that the government will never let SIA fail, the Board of Directors and CEO will be under a very intense microscope in managing a sustainable recovery for the company. There likely will be a change in the Board of Directors and CEO in the near future, given that SIA did not perform well even before the Covid-19 pandemic set in. One area of SIA' s operations that will need a structural change would be the way it handles its purchases of aviation fuel. SIA could not unlock themselves from oil hedging positions when the bottom fell out on the price of oil. While the rest of the world enjoyed the oil producer paying people to take the oil off their hands, SIA was paying through their proverbial noses for their fuel. Kind of like what motorists in Singapore experiences when the price of oil drops drastically, the petrol stations slowly drop their prices by a few cents, but when the price of oil rises, the petrol station prices react with price revisions almost immediately.

Bottom line: SIA MCBs are unique bonds which are very safe. And given hat Temasek holds 95+% of the MCB float, shorting this bond is nothing short of suicide. But since this is Covid-19 period, there will be some who will try to beat the odds.

Just my less than one cent worth' s opinion...

Vested in shares and MCB

Hi lingua, it can be traded. Ticker is WPOB

So this MCB cannot be traded? I know this is bond, but I saw it on my CDP portfolio just wonder....

whenissued ( Date: 08-Jun-2020 18:22) Posted:

For all non-government bonds, the principal is NOT SAFE. If the company backing the bond fails, the bond fails too, ie, all money is lost. If the government is corrupt, inept and continues to print money (increasing money supply) without proper economic justification, government bonds can also fail.

An example of a failed non-government bond is Hyfux Perpetuals and Olivia Lum-rubbish. I personally lost $5k. I do not expect any return, let alone the principal. Any money coming from this debacle (fat chance!) will be used to buy a McDonald' s Value Meal.

SIA MCBs are indirectly government-backed via Temasek. The government will not let SIA fail for the sake of national interest. These bonds are relatively safe. However, if (God forbid) in the next 10 years corruption sets in the government, then SIA MCBs will be as safe as any non-government bond, ie, not safe at all.

Given that the government will never let SIA fail, the Board of Directors and CEO will be under a very intense microscope in managing a sustainable recovery for the company. There likely will be a change in the Board of Directors and CEO in the near future, given that SIA did not perform well even before the Covid-19 pandemic set in. One area of SIA' s operations that will need a structural change would be the way it handles its purchases of aviation fuel. SIA could not unlock themselves from oil hedging positions when the bottom fell out on the price of oil. While the rest of the world enjoyed the oil producer paying people to take the oil off their hands, SIA was paying through their proverbial noses for their fuel. Kind of like what motorists in Singapore experiences when the price of oil drops drastically, the petrol stations slowly drop their prices by a few cents, but when the price of oil rises, the petrol station prices react with price revisions almost immediately.

Bottom line: SIA MCBs are unique bonds which are very safe. And given hat Temasek holds 95+% of the MCB float, shorting this bond is nothing short of suicide. But since this is Covid-19 period, there will be some who will try to beat the odds.

Just my less than one cent worth' s opinion...

Vested in shares and MCBs

SQueeze ( Date: 08-Jun-2020 17:48) Posted:

I think people are misunderstanding the MCB.

The MCB is a bond, not a stock. It has a principal amount and interest of 4% to 8% per year depending on how far it is from now (further means higher interest).
Unlike stocks, this principal is safe. They will pay you back this principal amount of $1 plus interests when they redeem it half way or when it matures, they will give you 180% (in the latter case, they will give it in shares).

Yes you can lose some money if you trade the bond at the market price, but you will not lose anything if you have the holding power till it redeems or it matures. The only time you lose money that time is when SIA goes bankrupt (very unlikely to happen) or if after 10 years, SIA shares trade less than $2.68 (also unlikely to me).

Don' t go into thseunless you know what bonds are. They are not stocks. They don' t need to be traded like stocks. It' s more like you are lending them money and then they will pay you back later plus some pretty good interest.

Bid Bid Vol(K) Ask Ask Vol(K)
4.370 307.4 4.370 285.3
4.360 2.6 4.380 188.4
4.350 11.4 4.390 159.3
4.340 7 4.400 375.6
4.330 8 4.410 205
4.320 16.2 4.420 55.2
4.310 4.2 4.430 74.6
4.300 105.8 4.440 46.5
4.290 58.3 4.450 167
4.280 30.4 4.460 158
4.270 10 4.470 132.6
4.260 165.5 4.480 86
4.250 113.9 4.490 51.1
4.240 75.2 4.500 317.7

Trade with caution no contra no short and DYODD

Looks like SQ may be doing a mid-air refuelling today. Good chance to load up for those going for the Long haul. (hopefully not to Amsterdam....haha...if you catch the drift)

Those airlines gained 50% in 1 week, so now they drop 7% is not exactly a plunge.
Now SIA has not moved even half of that in the last one month.
Not exactly apple to apple comparison.

Having said that I think STI is red.
When Dow soars, STI is flat
Now Dow is flat or slightly correct, STI sure down

Bennytan23 ( Date: 09-Jun-2020 22:31) Posted:

Airline stocks plunged.

Expecting SIA to drop as well..

Come on.. drop to 3.80 so i can buy more 😂

But hold on tight ppl.. dont need to dump tmr..

Its gonna grow much more 🤑

I agreed.

SIA has access to $15B and will be able to survive. It won' t matter if we buy or sell from this point onwards. If we buy, it won' t make us more patriotic, and similarly, selling won' t make us less patriotic.

We are all here to make money ...... cannot be too emotional ....or too attached to a stock.

uiop1223 ( Date: 09-Jun-2020 14:47) Posted:

Just like covid virus knows no nationality, so does money. Forget abt national pride when buying or shorting stock. Do what u need to do to make money

look@bright ( Date: 09-Jun-2020 14:41) Posted:

national pride what to do, anw lost is temporary due to convid and poitical issue

WPOB

Last Done: 1.003
Vol: 150.0k

ckh002 ( Date: 09-Jun-2020 18:05) Posted:

What' s the clsoing price MCB? I dont seem to find it.

TheDuellist ( Date: 08-Jun-2020 10:09) Posted:

MCB to be listed on 9 June 202

$1.003

ckh002 ( Date: 09-Jun-2020 18:05) Posted:

What' s the clsoing price MCB? I dont seem to find it.

TheDuellist ( Date: 08-Jun-2020 10:09) Posted:

MCB to be listed on 9 June 202

What' s the clsoing price MCB? I dont seem to find it.

TheDuellist ( Date: 08-Jun-2020 10:09) Posted:

MCB to be listed on 9 June 2020

lingua101 ( Date: 08-Jun-2020 10:04) Posted:

Sorry why MCB the downside is unlimited? At most it go $0 right. So if you subscribe to it, the max lost is $1.

BTW, I cannot find this MCB counter (WPOB). Does it not been traded

Just like covid virus knows no nationality, so does money. Forget abt national pride when buying or shorting stock. Do what u need to do to make money

look@bright ( Date: 09-Jun-2020 14:41) Posted:

national pride what to do, anw lost is temporary due to convid and poitical issue

Wow, Curry Lamb bailing out Cathay Pacific with HKD 30b.

Boatman ( Date: 09-Jun-2020 14:22) Posted:

https://www.channelnewsasia.com/news/business/hong-kong-government-cathay-pacific-rescue-package-12818602?cid=FBcna

national pride what to do, anw lost is temporary due to convid and poitical issue

Huge amount of losses per mth for cathay

https://www.channelnewsasia.com/news/business/hong-kong-government-cathay-pacific-rescue-package-12818602?cid=FBcna

Let' s put back SIA thread on SIA!

MCB is moving tiny weeny bit. $1.003 now

TheDuellist ( Date: 09-Jun-2020 09:23) Posted:

I think there are buyers bidding $1.00

Sellers asking 1.01 now

You have to ask your poems back end staff why it is not found.

Boatman ( Date: 09-Jun-2020 09:17) Posted:

cant find in poems for WPOB

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SIA revived