SIA    Last:7.05    +0.01

SIA

Silence of The Bears...

Party time for the Bulls..

 

Congrats to all SIA holders. Switching to another transportation benficiary after CB. 
SBS transit. This counter is extremely atttractive at current level. 
Bombed out too after CB was imposed. Now with the gradual removal of CB, it will reverse course and move back to $3 .00 as a first level.
Was $3.50 before Covid
 

SmallSmall      ( Date: 01-Jun-2020 14:33) Posted: My $4.00 approaching :) SmallSmall      ( Date: 30-May-2020 12:41) Posted: Singapore, China to launch 'fast lane' arrangement with COVID-19 measures for essential business, official travel It's time to long lah. The days of shorting is over. Shorting should be done weeks ago. It's time to long. The world is reopening second wave or not. Just some simple hard data. Out if 15,000 to 20,000 foreigner workers infected, how many have died? ZERO. Doesn't this tell you some thing about the severity of COVID 19 ? The mortality rate has not changed a bit. Just protect the elderly and the weaker ones and life must resume for the rest but with masks on :)

 

Papason883883      ( Date: 02-Jun-2020 09:30) Posted: Huat all, psychological barrier broken!!!

 

Pilot is taking off. Cabin crew 👨 ‍ ✈ ️ pls Ensure safety belt on 😎

 

Not vested but congrats to all Bros , I don?t wish to see SIA go down but always up

 

Huat all, psychological barrier broken!!!

 

4.50 to come...dyodd

 

As expected.. This SIA is Singapore pride. Below $4 too long is embarrassing. Congrats to all!! 

 

Let Temasek eats up all MCBs. Too complicated for retailers and individuals. 
 

 

wow. stock is taking off man.. some BB is prepping it up?? aft all the negative news? rights issue?
conceded to the optimism of reopening?

 

All shortist and doomsayers all cry till no tears seeing SIA at $4

 

This May also signals the CEO may think the share price may not cross SGD 4.84 in 10 years time???

 

It is really shocking to hear that..like no furture for SIA on next couple of years!

NT1825      ( Date: 02-Jun-2020 00:35) Posted: What a shock - this gives a message of no confidence in the company they work for.    wenyen      ( Date: 01-Jun-2020 23:28) Posted: https://www.businesstimes.com.sg/companies-markets/sia-directors-opt-not-to-subscribe-for-rights-mcbs?cx_testId=46&cx_testVariant=cx_2&cx_artPos=0#cxrecs_s Directors being snakes

 

The insiders are keeping the rights issue as can sell immediately in the open market for a profit.  Who want to pay $1 or $10000 for MCB and never see the money or interest for the next 10 years.  Worst what if SIA goes bust ...then there will be no 10 years.?  Cant blame the CEO for making such a simple decision.   

MOST directors of Singapore Airlines (SIA) have chosen to let their rights  mandatory convertible bonds (MCBs) lapse without exercising them, despite proposing the MCB rights issuance to shareholders as part of larger cash call in April.

SIA chief executive  Goh Choon Phong let his  provisional allotments in respect of 3.34 million rights MCBs lapse last week, according to a Singapore Exchange filing on Monday.

SIA non-executive chairman Peter Seah also let  his allotment of 73,160 rights MCBs lapse last week, filings showed.  However, both Mr Goh and Mr Seah have applied to take up all their rights shares, and their actual allocations will be decided at a later date. 

SIA&rsquo s rights exercise involved the issue of 295  rights  MCBs  for every 100  SIA  shares held. Each of the  rights  can be exercised at S$1 for one MCB.

wenyen      ( Date: 01-Jun-2020 21:46) Posted: Not vested but I feel SIA mgmt has been pretty bad.. Even before covid their revenue figures stagnated from 2012 onwards Goldfinger      ( Date: 01-Jun-2020 21:04) Posted: If this is indeed true - it would actually be very very terrible for those people who did subscribe for the MCBs. This is a minimal sign of dignity and support. I am disgusted.

 

What a shock - this gives a message of no confidence in the company they work for. 



 

wenyen      ( Date: 01-Jun-2020 23:28) Posted: https://www.businesstimes.com.sg/companies-markets/sia-directors-opt-not-to-subscribe-for-rights-mcbs?cx_testId=46&cx_testVariant=cx_2&cx_artPos=0#cxrecs_s Directors being snakes

 

SINGAPORE &mdash Singapore Airlines (SIA) and regional wing SilkAir will reinstate certain flights in June and July, subject to regulatory approvals.

Among the reinstated scheduled services include: Adelaide, Amsterdam, Auckland, Barcelona, Brisbane, Cebu, Christchurch, Copenhagen, Hong Kong, Medan, Melbourne and Osaka, said SIA on its website

Read more at https://www.todayonline.com/singapore/singapore-airlines-silkair-reinstate-flights-some-destinations-june-and-july

 

https://www.businesstimes.com.sg/companies-markets/sia-directors-opt-not-to-subscribe-for-rights-mcbs?cx_testId=46&cx_testVariant=cx_2&cx_artPos=0#cxrecs_s Directors being snakes

 

He very kind let Temasek jiak his MCBs hahaha

uiop1223      ( Date: 01-Jun-2020 21:58) Posted: On the bright side, those who loves SIA so much can apply and get excess rights 🤣 🤣 🤣 wenyen      ( Date: 01-Jun-2020 20:57) Posted: https://links.sgx.com/FileOpen/_eFORM1V2.%20CEO%2028May20pdf.ashx?App=Announcement& FileID=614430 What a joke.. SIA CEO lets his MCB rights lapse, he no faith in his own company

 

Hahaha have to look not only revenue but balance sheet ... Not vested and no comment 🥴

wenyen      ( Date: 01-Jun-2020 21:46) Posted: Not vested but I feel SIA mgmt has been pretty bad.. Even before covid their revenue figures stagnated from 2012 onwards Goldfinger      ( Date: 01-Jun-2020 21:04) Posted: If this is indeed true - it would actually be very very terrible for those people who did subscribe for the MCBs. This is a minimal sign of dignity and support. I am disgusted.

 

On the bright side, those who loves SIA so much can apply and get excess rights 🤣 🤣 🤣

wenyen      ( Date: 01-Jun-2020 20:57) Posted: https://links.sgx.com/FileOpen/_eFORM1V2.%20CEO%2028May20pdf.ashx?App=Announcement& FileID=614430 What a joke.. SIA CEO lets his MCB rights lapse, he no faith in his own company