SIA    Last:7.04   -

SIA revived

Don' t always hope for excess rights lah - count yourself lucky if you get some to round odd lots.

TheDuellist      ( Date: 04-Jun-2020 20:56) Posted: Priorities for excess goes to those with odd lots. Understand for those/some custodian shares owners, tomorrow you will get your bullets loaded into your portfolio. Not sure about the time. No point if it is after 5pm.  For CDP, nothing heard, therefore as per indicated, by Monday, our war chest will be ready. Apparently, nobody gets an advantage to be ahead of the market. And Kateks should be aware that shorting the shares will be highly risky, especially given the current market sentiments. Not only for SIA, but most of the composite stocks. But of course, to each his own. Own time, own target... Observers      ( Date: 04-Jun-2020 20:30) Posted: Only 60+million excess shares up for grabs. Those never cover hoping for many excess shares flooding the market better do some hedging.

 

Hi Expert, having paid the rights though not into the cdp yet, can sell tomorrow since debit takes 3 days which will be on tuesday

thanks

 

Tmr and monday will have a good show for SIA.

Many shortist are alrd aiming for a quick profit.

Thats how stocks market works.. buying and selling so no offence to both long/short.

Huat huat to both sides. Im gonna be a spectator.. bought mine at 3.7..

Support our national carrier pls.. make some money for early fathers day dinner.. have a good meal w ur fam 🤓

 

Priorities for excess goes to those with odd lots.

Understand for those/some custodian shares owners, tomorrow you will get your bullets loaded into your portfolio. Not sure about the time. No point if it is after 5pm. 

For CDP, nothing heard, therefore as per indicated, by Monday, our war chest will be ready.

Apparently, nobody gets an advantage to be ahead of the market. And Kateks should be aware that shorting the shares will be highly risky, especially given the current market sentiments. Not only for SIA, but most of the composite stocks. But of course, to each his own. Own time, own target...

Observers      ( Date: 04-Jun-2020 20:30) Posted: Only 60+million excess shares up for grabs. Those never cover hoping for many excess shares flooding the market better do some hedging.

 

5926000 shares short sell today.
Tomorrow should be interesting. Furthermore it's TGIF.




Trade with celebrations and DYODD

 

Only 60+million excess shares up for grabs. Those never cover hoping for many excess shares flooding the market better do some hedging.

 

If all the cash that is raised under this rights issues is being used up after 2 years for survivability (and not expansion) and if SIA returns to the same revenue/ profitability when their price was at $9, with the additional shares, the price of $5.4 will be equivalent of the pre-covid $9.

Similarly, the future price of 5.8 will be equivalent of pre-covid price of $10, and future price of $6.2 will be equivalent of pre-covid of $11.

If the price spike up to $5.4 (the surge after xd), i will look at these equivalent price to decide if i want to sell. Don' t hope for the price to return back to $9 within the next 2~3 years ... as it will be equivalent to $18 pre-covid unless airline industry becomes a lucrative again.
 

CheeryVGoh      ( Date: 04-Jun-2020 17:12) Posted: Some who had exercised their Rights would probably don' t mind waiting for 3 to 6 months to see how air travels would pan out  (when most borders are opened) instead of selling on 8th Jun, afterall $3 to $4 a share is cheap & negatives alreday fully priced. dragonboy76      ( Date: 04-Jun-2020 16:27) Posted: the rights are issued and dilution already happened. shares are already allocated to the buyers, however, these shares will only be available to trade on market on 8 Jun onwards. So assuming the buyers total buying cost per share is between $3.50 to $4.20, they may offload the shares coming monday to lock in profit. so there will be selling presssure on next monday/Tue..

 

Some who had exercised their Rights would probably don' t mind waiting for 3 to 6 months to see how air travels would pan out  (when most borders are opened) instead of selling on 8th Jun, afterall $3 to $4 a share is cheap &
negatives alreday fully priced.

dragonboy76      ( Date: 04-Jun-2020 16:27) Posted: the rights are issued and dilution already happened. shares are already allocated to the buyers, however, these shares will only be available to trade on market on 8 Jun onwards. So assuming the buyers total buying cost per share is between $3.50 to $4.20, they may offload the shares coming monday to lock in profit. so there will be selling presssure on next monday/Tue... earthdragon      ( Date: 04-Jun-2020 15:38) Posted: Hi, I thought the SIA price already factored in the dilution, so that about 4.00 ++, do you mean SIA share will be further diluted when new shares started trading on 8 Jun ??

 

If nobody is selling the child then SIA will be really flying but will shortsellers and contra buyers spoil the price?




Trade with caution no contra no short and DYODD

earthdragon      ( Date: 04-Jun-2020 16:28) Posted: Thanks dragonboy76      ( Date: 04-Jun-2020 16:27) Posted: the rights are issued and dilution already happened. shares are already allocated to the buyers, however, these shares will only be available to trade on market on 8 Jun onwards. So assuming the buyers total buying cost per share is between $3.50 to $4.20, they may offload the shares coming monday to lock in profit. so there will be selling presssure on next monday/Tue..

 

Thanks

dragonboy76      ( Date: 04-Jun-2020 16:27) Posted: the rights are issued and dilution already happened. shares are already allocated to the buyers, however, these shares will only be available to trade on market on 8 Jun onwards. So assuming the buyers total buying cost per share is between $3.50 to $4.20, they may offload the shares coming monday to lock in profit. so there will be selling presssure on next monday/Tue... earthdragon      ( Date: 04-Jun-2020 15:38) Posted: Hi, I thought the SIA price already factored in the dilution, so that about 4.00 ++, do you mean SIA share will be further diluted when new shares started trading on 8 Jun ??

 

the rights are issued and dilution already happened. shares are already allocated to the buyers, however, these shares will only be available to trade on market on 8 Jun onwards.

So assuming the buyers total buying cost per share is between $3.50 to $4.20, they may offload the shares coming monday to lock in profit. so there will be selling presssure on next monday/Tue...

earthdragon      ( Date: 04-Jun-2020 15:38) Posted: Hi, I thought the SIA price already factored in the dilution, so that about 4.00 ++, do you mean SIA share will be further diluted when new shares started trading on 8 Jun ?? kingofgamblers      ( Date: 04-Jun-2020 14:30) Posted: Honey...it' s over....... 2 more days!

 

accumulating before next the push past 450

 

Hi, I thought the SIA price already factored in the dilution, so that about 4.00 ++, do you mean SIA share will be further diluted when new shares started trading on 8 Jun ??

kingofgamblers      ( Date: 04-Jun-2020 14:30) Posted: Honey...it' s over....... 2 more days!

 

get now for long term?

 

Honey...it' s over.......
2 more days!

 

Haha..... Looks like I was wrong when I says SIA shares price and planes not going anywhere anything soon.  Those wishing to buy should do  so after  the rights shares are out on the 8 June next week.
The planes indeed not going anywhere but the prices sure are flying.  Look like  this week the BBs /Temasek liting up  the town and squeezing shortlists for all it is worth.  i love to see them do the same next week when all the shares are out.

 

SIA share proce up from 3.82(Mon)  to 4.35 (Wed), it is about 13%, should have healthy consolidation then can fly higher.
Of course, hope the consolidation is not a big pull back  :D

SAVIORFOREVER      ( Date: 04-Jun-2020 11:22) Posted: Congrats to those who sold near to 450. Trade with profits taking

 

Congrats to those who sold near to 450.




Trade with profits taking

 

Wonder how many contra buyers trapped again?
Short selling in play?
Could be same BB group pushing up to short. One cousin to the other cousin.



Trade with caution no contra no short and DYODD

 

Although the coming quarter results will be impacted by April and May lockdown period, but the target price after the previous financial announcement is about 4.34. https://research.sginvestors.io/2020/05/singapore-airlines-sia-uob-kay-hian-research-2020-05-18.html

So, quite safe, even coming few day with consolidation, I think won' t be quite far away from the estimated px.

dragonboy76      ( Date: 04-Jun-2020 10:52) Posted: any one knows when is the next quarterly result announcement?