window dressing....
As usual month end sure got this type of unexplained match deal at pre closing .
can anyone explain to me how come suddenly in after market trading at 1704 
there was a buy up of 4.2 million shares ( till then the total volume was < 300k for the day )
that too at 1.67, when the last traded price was 1.63 . 
also it was not sold to anyone --> just bought from seller 
cannot make head or tail of it 
there was a buy up of 4.2 million shares ( till then the total volume was < 300k for the day )
that too at 1.67, when the last traded price was 1.63 . 
also it was not sold to anyone --> just bought from seller 
cannot make head or tail of it 
It will down more if not for support from wages credit scheme
des_khor ( Date: 28-Sep-2020 16:20) Posted:
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Engineering is like that.. planes not flying all technicians and engineers shake legs. And one big group of management level staffs look at Monitors.. whole day.
Any bad news ? Why down Everyday ?
Just announced staff retrenchment ...seow liao..
Thanks Bishan22 for updates- couldnt find the amt ...
 
 
bishan22 ( Date: 25-Jun-2020 11:06) Posted:
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0.05 payment.
Kai189 ( Date: 25-Jun-2020 10:53) Posted:
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DBS Analyst:
Target Price*S$ 2.3
Recomendation**HOLD
 
| 10:58:08 | 2.020 | 200 | Buy Up |
| 10:53:58 | 2.020 | 100 | Buy Up |
| 10:50:35 | 2.020 | 100 | Buy Up |
| 10:50:32 | 2.020 | 300 | Buy Up |
| 10:40:12 | 2.020 | 200 | Buy Up |
| 10:40:06 | 2.010 | 100 | Buy Up |
| 10:40:06 | 2.010 | 3,100 | Buy Up |
CD icon appeared in trading platform . at least some positive news .
More of anticipation of recovery than privatization. Parent just raised money and dont think they will want to privatize.
privatisation long busted b4 covid at $4 or $5...this is not new. Mkt is not pricing anything other than recovery....still cheap
SCM/SCI hav their own OnG problems...
SIAEC is strategic, aviation cannot fail...in fact more impt than SCM...
SCM/SCI hav their own OnG problems...
SIAEC is strategic, aviation cannot fail...in fact more impt than SCM...
The privatisation speculation for SIA EC has been busted by SCM rights issue.
This was pumped up along with the privatisation speculation. now that bubble has burst, be careful it will go back below $2.
This was pumped up along with the privatisation speculation. now that bubble has burst, be careful it will go back below $2.
As usual, a wanyang show by SGX. The company will just replied - I don' t know. Standard answer by most companies.
Joelton ( Date: 06-Jun-2020 11:59) Posted:
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Holding very steady....long term investors will be rewarded 
SIA Engineering responds to SGX query on unusual trading activity
SIA Engineering said on Friday that it is not aware of any information not previously announced that might have explained the unusual trading activity in its shares on Friday. 
 
Shares in the aircraft maintenance, repair and overhaul (MRO) services firm surged 20 Singapore cents or 9.9 per cent to close at S$2.22 on Friday, on volume of 2.87 million. Most of the rally took place before the lunch break.
 
The unusual price movement drew a query from the surveillance team of the Singapore Exchange at mid-day.
 
SIA Engineering confirmed that it was in compliance with listing rules, but noted: " There has been recent improvement in general market sentiments for the aviation industry arising from the gradual reopening of borders and announcements of partial restoration of flights.
 
" Furthermore, in the Fortitude Budget, the Singapore government is also providing additional support for the aerospace (including MRO) industry. Apart from the foregoing, the company is not aware of any other possible explanation for the trading."
https://www.businesstimes.com.sg/companies-markets/sia-engineering-responds-to-sgx-query-on-unusual-trading-activity
https://www.businesstimes.com.sg/companies-markets/sia-engineering-responds-to-sgx-query-on-unusual-trading-activity
So many people make money from a avaiation stocks last week.
Have confidence in the industry. It will fly soon.
Have confidence in the industry. It will fly soon.
sold yesterday at 2.06, wasted
Privatise??