SIA    Last:7.05    +0.01

SIA revived

wah...power man!!

 

1% considered gapped ah? You just tickled my funny bone 🤣 🤣 but yeah, learnt something new today ((OMG cannot stop laughing LOLOL))..

xtraderx      ( Date: 08-Jun-2020 09:01) Posted: Gapped lower as predicted.

 

Quite happy - I got two thirds of the excess SIA rights that I applied for. Quite happy.  Good fortune coming.

 

Love to see it fall below 4.. can buy in then 😂

kingofgamblers      ( Date: 08-Jun-2020 09:05) Posted: dw to $3?

 

3.50-3.70.....airlines recovery might take 1-2 yrs....

 

Anyone buying?



Trade with ? and DYODD

 

sold off all my SIA with excess! 
i think MCB is the problem for long term

 

Fresh funding is to meet short term liabilities. Resolve liquidity issues. Now a matter of survival

sun233      ( Date: 08-Jun-2020 08:32) Posted: More great news on SGX Secures fresh funding.......my guess they are looking to buy some ailine with a domestic route.

 

dw to $3?

 

Gapped lower as predicted.

 

SQ will announce more news in coming weeks about green lanes. I see it as positives but you are right it wil take a long time before we get back to normal. So whether buy or sell its up to your own holding power. With US airlines up 77% in a week just means sentiment is improving. SQ is using planes instead of idling most of them. As per ST article yesterday Goh Choon Pong said planes are carrying more cargo. Right now its all in the hands of the Fund managers. Only they will determine direction. So just swim in their direstion.

SQueeze      ( Date: 08-Jun-2020 08:41) Posted: Buy???  Better sort out own house in order first. I am still unsure about SIA right now itself unless they do some hard decisions to reduce costs like other airlines do. This crisis for them will last 2 years, it is not exactly short term pain.  If they announce major cost cutting measures and some serious downsizing, the shares will soar like AA. Otherwise even $4.40 is not sustainable.  sun233      ( Date: 08-Jun-2020 08:32) Posted: More great news on SGX Secures fresh funding.......my guess they are looking to buy some ailine with a domestic route.

 

looks very strong...!

 

Here come the excess rights holders.

 

Bid Bid Vol(K) Ask Ask Vol(K)
4.360 534.2 4.360 506.3
4.350 109.8 4.370 86.4
4.340 109.7 4.380 72.7
4.330 440.7 4.390 62.3
4.320 193.5 4.400 151.1
4.310 242.5 4.410 24
4.300 144.8 4.420 63.5
4.290 4.5 4.430 45.5
4.280 32 4.440 102
4.270 1 4.450 120.3
4.260 8 4.460 116
4.250 130.4 4.470 110
4.240 1.2 4.480 158.6
4.230 37 4.490 55.5
4.220 26.6 4.500 345.1
4.210 38.8 4.510 58
4.200 332.4 4.520 100.3



Trade with market depth

 

Buy??? 

Better sort out own house in order first. I am still unsure about SIA right now itself unless they do some hard decisions to reduce costs like other airlines do. This crisis for them will last 2 years, it is not exactly short term pain. 

If they announce major cost cutting measures and some serious downsizing, the shares will soar like AA. Otherwise even $4.40 is not sustainable. 

sun233      ( Date: 08-Jun-2020 08:32) Posted: More great news on SGX Secures fresh funding.......my guess they are looking to buy some ailine with a domestic route.

 

More great news on SGX
Secures fresh funding.......my guess they are looking to buy some ailine with a domestic route.

 

Looks like it' s going to open around $4.40 as of 830am

Quite stable 

 

You should be getting your money back within 3 business days.

Observers      ( Date: 08-Jun-2020 08:14) Posted: How to dump? I only got 3% of the shares I applied for. BTW when will I get back the 97% of my money? Later miss the boat how? Lucky I never apply for MCB, stuck for 10 years. xtraderx      ( Date: 08-Jun-2020 07:05) Posted: Rights shares can already be sold last Thur/Fri since settlement is T+2, its the excess rights that can only be traded today because investors only know how much excess they will be getting today. I expect them to dump today at the open since the excess shares were bought for only $3, should see big gap down today

 

 

U shld get the refund. Chech your bank acct?