SIA    Last:6.97    -0.08

SIA revived

散 戶 比 机 构 资 金 雄 厚
 

 

Oil prices going down too. This is helpful for SQ provided they didnt over hedge at high prices. 

 

wow i didn't even know they can announce sbb so fast in the day ... maintain short sia :)

elisa28      ( Date: 05-Aug-2024 17:07) Posted: Singapore Airlines Buys Back More Shares Shares Down 3% 05 Aug 2024 03:14 PM | 1 hour(s) ago English 03:14 AM EDT, 08/05/2024 (MT Newswires) -- Singapore Airlines (SGX:C6L) repurchased 500,000 shares in the open market on Monday for SG$3.1 million, according to a same day filing with the Singapore Exchange. The company has been authorized to buy back around 149 million shares. To date it has bought back 1.0 million shares. Shares of the airline company were down over 3% in recent trading. Price (SGD): S$5.91, Change: S$-0.20, Percent Change: -3.27% Copyright © 2024 MT Newswires, http://www.mtnewswires.com. All rights reserved. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

 

03:14 AM EDT, 08/05/2024 (MT Newswires) -- Singapore Airlines (SGX:C6L) repurchased 500,000 shares in the open market on Monday for SG$3.1 million, according to a same day filing with the Singapore Exchange.

The company has been authorized to buy back around 149 million shares. To date it has bought back 1.0 million shares.

Shares of the airline company were down over 3% in recent trading.

Price (SGD): S$5.91, Change: S$-0.20, Percent Change: -3.27%

 

ok. avg up by shorting more

2egg4kosong      ( Date: 05-Aug-2024 10:53) Posted: Ok! Start small 1st, $6.00 and add more shorts if go up. 2egg4kosong      ( Date: 05-Aug-2024 10:47) Posted: SIA is a very short candidate, although now is oversold on daily, in months to come may fall below $5 easily. Thinking when and what price to short now.

 

Anyone knows what is the cause?

easywin      ( Date: 05-Aug-2024 15:59) Posted: Our world class sgx market today in trouble dropped more than 145 points like the world  going to ending soon.

 

Our world class sgx market today in trouble dropped more than 145 points like the world  going to ending soon.

 

Depends on broker and stock.   Initial/maintenance can be as high as 140%/50%.   Carry cost include margin financing and borrowing cost.   If you really really want to short, use CFD, its cheaper.   SIA CFD is 10% margin, 3.5% financing.

 

Thank you for expainlation.
When I short-sell, how many % of transaction amount must I pay as deposit?
and how many days do I have to return the shares?

Sin_Cos_Tan      ( Date: 05-Aug-2024 11:34) Posted: It' s a way to make money in a falling market. An investor borrows shares and sells them on, waits for the price to fall, buys the same number of shares at the lower price and hands them back to the lender. The investor pockets the price difference and the counterpart who lent them the shares takes a commission. It works as long as the shares fall. If they rise, the investor could lose money instead.

 

Thanks for your advice.

BinderyT      ( Date: 05-Aug-2024 11:33) Posted: Bro, if you have to ask, then don' t do it.   It is uncapped losses and has carry cost. Mark001      ( Date: 05-Aug-2024 11:10) Posted: How does the short-sell works?

 

It' s a way to make money in a falling market. An investor borrows shares and sells them on, waits for the price to fall, buys the same number of shares at the lower price and hands them back to the lender.
The investor pockets the price difference and the counterpart who lent them the shares takes a commission. It works as long as the shares fall. If they rise, the investor could lose money instead.

 

 

Bro, if you have to ask, then don' t do it.   It is uncapped losses and has carry cost.

Mark001      ( Date: 05-Aug-2024 11:10) Posted: How does the short-sell works?   2egg4kosong      ( Date: 05-Aug-2024 10:53) Posted: Ok! Start small 1st, $6.00 and add more shorts if go up

 

South Korean stocks soar after govt bans short-selling

https://www.investing.com/news/stock-market-news/south-korean-stocks-soar-after-govt-bans-shortselling-3222562

 

 

How does the short-sell works?
 

2egg4kosong      ( Date: 05-Aug-2024 10:53) Posted: Ok! Start small 1st, $6.00 and add more shorts if go up. 2egg4kosong      ( Date: 05-Aug-2024 10:47) Posted: SIA is a very short candidate, although now is oversold on daily, in months to come may fall below $5 easily. Thinking when and what price to short now.

 

Its chaired by Chee, so don' t expect anything out of it.   To him, there' s nothing wrong with high COE and ERP 2.0.

Sin_Cos_Tan      ( Date: 05-Aug-2024 10:52) Posted: MAS sets up review group to revitalise Singapore' s stock market https://www.straitstimes.com/business/companies-markets/new-review-group-formed-to-revitalise-singapore-s-stock-market

 

Ok! Start small 1st, $6.00 and add more shorts if go up.

2egg4kosong      ( Date: 05-Aug-2024 10:47) Posted: SIA is a very short candidate, although now is oversold on daily, in months to come may fall below $5 easily. Thinking when and what price to short now.

 

MAS sets up review group to revitalise Singapore' s stock market
https://www.straitstimes.com/business/companies-markets/new-review-group-formed-to-revitalise-singapore-s-stock-market
 

 

Please go ahead and short this sucker.   I still waiting for CEO to be fired.

2egg4kosong      ( Date: 05-Aug-2024 10:47) Posted: SIA is a very short candidate, although now is oversold on daily, in months to come may fall below $5 easily. Thinking when and what price to short now.

 

SIA is a very short candidate, although now is oversold on daily, in months to come may fall below $5 easily. Thinking when and what price to short now.

 

It' s all a big coordinated push to force the Fed to reduce interest rate.   Their GDP is up, not down.   And if you go into job report detail, participation rate is up and total employed actually increased.