SIA    Last:7.05    +0.01

SIA revived

I will caution too much optimism for SIA at this price point which is higher than the TERP of $4.16 thereabouts. Although there are less aircrafts grounded but still a big number of 94 aircrafts or 68% of their fleet are not flying. 
Those scheduled to fly are probably not fully loaded or are only doing cargo flights i believe. SIA will not failed but recovery will take time.

I am concerned over the 1.8b shares jus credited into investors accounts and there will be some selling pressure at least for the coming week. Many may take profits as the costs for these new SHs may be around $3.6 -$3.7 region.
Just my 2 cents. So trade w care.

 

SIA rolls out enhanced COVID-19 safety measures as travel set to take off again
https://www.channelnewsasia.com/news/singapore/covid-19-coronavirus-sia-flights-safety-measures-12812572

Ohhh.. news that SIA set to take off.. aunties and uncles with money sure whack and buy in hearing such news on sunday...

This counter BBs not much say.. too big for them to handle..

Good luck to all those who short this. Ppl who bought at ard 3.50-4.. hold on a lil while to see if rise 😁

 

Those who brought rights from open market. Will they sell tomorrow considering more than 10% profit?
Will the next result be good? Share price is subjected to company's performance.
Short sellers selling everyday. Why?
Buying at high can be very depressing if price keeps dropping.
When will it hit 500? Will Temasek support the price?



Trade with sideline and buy low sell high and DYODD

f16force      ( Date: 07-Jun-2020 11:57) Posted: I am not inciting people to buy ..... I am laying down the facts that SIA' s sentiment now   is different from 1 month ago  look at Buffet' s sell down   some time back of US airliners..... the sentiment now is different

 

Fewer SIA and SilkAir planes grounded, from 138 in late March to 94 NOW

 

I am not inciting people to buy .....

I am laying down the facts that SIA' s sentiment now   is different from 1 month ago 

look at Buffet' s sell down   some time back of US airliners..... the sentiment now is different 

 

Buying more on Monday to support your thinking?




Trade with buy on dip and buy low sell high

f16force      ( Date: 07-Jun-2020 11:09) Posted: Singapore Airlines Most Shorted Stock in City-State - Bloomberg www.bloomberg.com  &rsaquo news &rsaquo articles &rsaquo singapore-air-...     May 15, 2020 -  Singapore Airlines  Ltd. aircraft stand on the tarmac at Changi Airport in Singapore. Bearish bets have risen sharply on  Singapore AirlinesLtd. shares, making it the  most shorted  stock in the city state as the carrier posted its biggest ever quarterly loss in the wake of the coronavirus pandemic. Like my posting   earlier, SIA' s sentiment now is different from a month ago. if shortlists are not covering back soon, they will be a fool........

 

 

They all got rights issue?




Trade with ?

TA_Expert      ( Date: 06-Jun-2020 18:25) Posted: Yes, American Airlines soars 75% as well as other airlines. SIA will catch up eventually. look@bright      ( Date: 06-Jun-2020 18:23) Posted: all airlines shares around the world recovering, same will be for SIA.

 

Are you buying Monday if dropped?



Trade with awareness

Goldfinger      ( Date: 07-Jun-2020 10:04) Posted: SIA may take its dressing from USA Airline shares. They have been rising. Bennytan23      ( Date: 07-Jun-2020 00:28) Posted: Pretty sure shortist are aiming this counter to take profit. Even the bigboys are aiming to short. But if airlines stocks are on the rise.. its gonna be the same for SQ. May see a small dip but likely gonna recover by 2-3 days. But if we all hold on and dont sell.. good luck to shortist.. They may get burnt. Potential $5-5.50 in Aug when more countries open up.. Meantime... buy popcorn and watch SIA on monday 😁

 

Sorry, wrong info earlier. Ya still not in.

Leeanne78      ( Date: 07-Jun-2020 09:58) Posted: mine also not in CDP as of 9.30AM

 

SIA may take its dressing from USA Airline shares. They have been rising.

Bennytan23      ( Date: 07-Jun-2020 00:28) Posted: Pretty sure shortist are aiming this counter to take profit. Even the bigboys are aiming to short. But if airlines stocks are on the rise.. its gonna be the same for SQ. May see a small dip but likely gonna recover by 2-3 days. But if we all hold on and dont sell.. good luck to shortist.. They may get burnt. Potential $5-5.50 in Aug when more countries open up.. Meantime... buy popcorn and watch SIA on monday 😁

 

Monday morning will be in. 

 

mine also not in CDP as of 9.30AM

 

Just checked not credited yet.

CheeryVGoh      ( Date: 06-Jun-2020 21:18) Posted: Can check CDP already if you have CDP online. f16force      ( Date: 06-Jun-2020 21:12) Posted: Will not know Sia excess shares allocation until 8/6/20. Excess fund,if unsuccessful, will only be returned within 3 days after the date of crediting of Sia rights shares

 

Pretty sure shortist are aiming this counter to take profit.

Even the bigboys are aiming to short.

But if airlines stocks are on the rise.. its gonna be the same for SQ. May see a small dip but likely gonna recover by 2-3 days.

But if we all hold on and dont sell.. good luck to shortist.. They may get burnt.

Potential $5-5.50 in Aug when more countries open up..

Meantime... buy popcorn and watch SIA on monday 😁

 

Are you sure the SIA rights shares are already credited into cdp?

 

Can check CDP already if you have CDP online.

f16force      ( Date: 06-Jun-2020 21:12) Posted: Will not know Sia excess shares allocation until 8/6/20. Excess fund,if unsuccessful, will only be returned within 3 days after the date of crediting of Sia rights shares

 

Will not know Sia excess shares allocation until 8/6/20. Excess fund,if unsuccessful,
will only be returned within 3 days after the date of crediting of Sia rights shares 

 

Till.now no refund for excess rights applied....so considered got it?

CheeryVGoh      ( Date: 06-Jun-2020 21:03) Posted: Anyone allocated with Excess shares?

 

Anyone allocated with Excess shares?