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401-420 of 645
$3..50 if takeover, that is the minimum.
Less than 25 days to dividend, earnings expected to be better(Cut cost ) as long as funds push will rise.
Looks okay lei the number, last year results super cui cos cost high..My estimation is comparing last year results with now and believe cost can be cut.
The speculation of sia engineering also because analyst say potential cost saving for sia...Then speculate until so high.
May operating results: https://links.sgx.com/1.0.0/corporate-announcements/UDH8HKRLB91U68R5/8fb792e5b99c28db3baeb9258ae048dd0f9c153f263d9a4f73debc6db3175fa5
Dividend: https://links.sgx.com/1.0.0/corporate-announcements/6JQ13FD6K96FNTBP/3015173bfea36a8eba3f5798267e9362fa014836fa1f08f915b35cb00b00a50d
runaway ( Date: 07-Jul-2019 08:10) Posted:
SIA 的 生 意 好 不 好 ， 不 用 看 Analyst reports.
看 看 SIA 的 < special offer> 就 大 概 知 道 。 尤 其 是 Business Class 的 offer.
Economy class 固 然 重 要 ， 能 帮 助 cover fixed costs. Business class 和 1st Class contribite most to the profit. 这 segment不 好 ， 难 赚 钱 。
以 前 只 有 Economy class 有 offer, 现 在 一 些 business class 也 有 。 如 果 1st Class 也 offer, 那 生 意 肯 定 很 糟 糕 。
当 你 看 到 special offer越 来 越 少 的 时 候 ， 是 已 看 到 lights at the end of the tunnel.
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SIA 的 生 意 好 不 好 ， 不 用 看 Analyst reports.
看 看 SIA 的 < special offer> 就 大 概 知 道 。 尤 其 是 Business Class 的 offer.
Economy class 固 然 重 要 ， 能 帮 助 cover fixed costs. Business class 和 1st Class contribite most to the profit. 这 segment不 好 ， 难 赚 钱 。
以 前 只 有 Economy class 有 offer, 现 在 一 些 business class 也 有 。 如 果 1st Class 也 offer, 那 生 意 肯 定 很 糟 糕 。
当 你 看 到 special offer越 来 越 少 的 时 候 ， 是 已 看 到 lights at the end of the tunnel.
Yea true
My take on SIA:
SIA engineering if privatize might have cost savings...
Analysis on SIA (The parent company)
DBS 21 May 19 report : TP of S$10.80, Good Dividend! May/April 2019 Operating Results Impressive!
Source: https://www.dbs.com.sg/treasures/aics/templatedata/article/equity/data/en/DBSV/012014/SIA_SP.xml
Transformation Working Well (Cut Cost and increase Revenue)
DBS 21 May Report:
Maintain BUY with TP of S$10.80. We believe that SIA& rsquo s transformation programme is beginning to make a material difference in helping the group& rsquo s earnings recover, with revenue growth finally returning after years of stagnation and cost management efforts also bearing fruit. This was evident as SIA posted a stronger profit performance in the second half of FY19 compared to the first half. We project SIA& rsquo s profitability to improve in FY20 as the transformation programme continues.
Where we differ: We have higher-than-consensus forecasts as we are positive on SIA& rsquo s transformation programme paying off.
Potential catalysts: SIA& rsquo s share price should re-rate as its earnings continue to show signs of recovery.
Undemanding valuations. The stock is currently trading at around 0.8x FY20F P/BV, which is c. -1.5 SD against its 10-year average and with a decent prospective yield of 3.2%.
May 2019 Operating Results : Very Good
https://links.sgx.com/FileOpen/opstats-may...
April 2019 Operating Results : Very Good
https://links.sgx.com/FileOpen/opstats-apr...
June 2019: June holidays (Expect Strong performance)
Impressive - > Do the math from last year results to this quarter results :
Last year results: https://links.sgx.com/FileOpen/Results%20F...
Why Impressive? (Note last year Revenue Increased but cost was exceptional high)
So Why cost so high last year?
So many brands, staff,fuel price high, financing cost high(Scoot,silkair,tigerair,SIA) -> Cost high
Mitigation(Why i believe cost has decreased):
All coming together as one umbrella brand -> SIA , cost synergies in units,self-checkout, Fed Cut, fuel went down
..
Possible Cost Savings:
1. Simplified model:
https://www.mumbrella.asia/2019/05/tigerai...
2. Cargo SIA & Malaysia airline possible tie-up
https://sg.news.yahoo.com/brief-singapore-...
3. Some analyst speculate that SIA engineering might go privatisation (Cost savings)Know-Your-Stuff ( Date: 06-Jul-2019 00:04) Posted:
Is it DBS spread rumour ? Their trading profit down ? SgX must trace the sources
of rumours and take actions instead of always issue queries....else retail investors always at losing end.
CheeryVGoh ( Date: 05-Jul-2019 12:05) Posted:
BUSINESS TIMES :
THE Singapore Exchange (SGX) on Friday morning queried SIA Engineering for " unusual price and volume movements" in its shares after the market opened.
As of 10.07am, SIA Engineering shares were trading at S$2.89, up 17 Singapore cents or 6.3 per cent. On Thursday, the counter closed 8.4 per cent or 21 Singapore cents higher at S$2.72 on high volume.
The spike in SIA Engineering shares may indicate the possibility of privatisation by parent company Singapore Airlines (SIA), DBS analysts said on Friday morning in a research note before the SGX query was issued.
DBS analysts Paul Yong and Suvro Sarkar called the stock&rsquo s volatility " uncharacteristically high" , which they believe could have been fuelled by renewed talk of privatisation by SIA.
" SIA Engineering&rsquo s stock price has performed poorly of late, and could thus provide a value-for-money privatisation target for SIA,&rdquo they said.
For the past 12 months, SIA Engineering&rsquo s share price has trended down 20 per cent to S$2.51 prior to the sharp rise, on " uninspiring" quarterly results and lower dividend expectations, said the analysts.
With SIA&rsquo s close to 78 per cent stake in SIA Engineering&rsquo s maintenance, repair and operations (MRO) unit and the stock&rsquo s low liquidity, the rationale for privatisation would be " pretty strong" , DBS said.
In addition, SIA being a cash rich company means it would not have to leverage on the equity capital markets for financing, along with not having any significant acquisitions under its belt.
However, remaining separately listed from SIA will give SIA Engineering an &ldquo aura of independence&rdquo , important in retaining perception as an independent MRO provider, said the analysts. This is because it has to bid for work from other airlines, which currently accounts for around 40 per cent of its revenue.
Should the privatisation materialise, DBS is estimating a premium of around 10 to 30 per cent above the last closing price, translating to an offer price of between S$2.75 and S$3.26 per share.
DBS has thus upgraded SIA Engineering to " buy" based on the M& A or privatisation premium, with a raised target price of S$3.01. It said current valuations for the firm are at multi-year lows of about 16 times forward price-to-earnings, and dividend yield is healthy at close to 4.5 per cent. Downside risks are thus limited even if the privatisation does not materialise, it said.
DBS added that it would cost SIA S$748 million to privatise SIA Engineering at S$3.01 per share for remaining shares it does not already own, which is 22 per cent.
A privatisation would also buy more time for SIA to restructure or streamline SIA Engineering as needed.
For SIA&rsquo s own earnings, privatisation can provide a marginal one per cent uplift to the airline&rsquo s fiscal 2020 earnings, and two per cent to its fiscal 2021 earnings, assuming the cost of debt of 3 per cent and six months contribution in the financial year ending March 2020, said DBS.
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the trouble is bb dont owe retailers a reason.
Then why they de-merge in the first place. Wasn' t it bcos SIA was becoming too large n unwieldly to survive in an ever accelerating competitive environment? Didn' t the de-merger enable SIAE to function more nimbly n efficiently, n to take on additional business (outside of SIA) more easily? So, is there any cogent case to reverse when SIA itself now might have other more priorities to manage? That' s my take. Le' t see what might happen otherwise though.
CheeryVGoh ( Date: 05-Jul-2019 12:05) Posted:
BUSINESS TIMES :
THE Singapore Exchange (SGX) on Friday morning queried SIA Engineering for " unusual price and volume movements" in its shares after the market opened.
As of 10.07am, SIA Engineering shares were trading at S$2.89, up 17 Singapore cents or 6.3 per cent. On Thursday, the counter closed 8.4 per cent or 21 Singapore cents higher at S$2.72 on high volume.
The spike in SIA Engineering shares may indicate the possibility of privatisation by parent company Singapore Airlines (SIA), DBS analysts said on Friday morning in a research note before the SGX query was issued.
DBS analysts Paul Yong and Suvro Sarkar called the stock&rsquo s volatility " uncharacteristically high" , which they believe could have been fuelled by renewed talk of privatisation by SIA.
" SIA Engineering&rsquo s stock price has performed poorly of late, and could thus provide a value-for-money privatisation target for SIA,&rdquo they said.
For the past 12 months, SIA Engineering&rsquo s share price has trended down 20 per cent to S$2.51 prior to the sharp rise, on " uninspiring" quarterly results and lower dividend expectations, said the analysts.
With SIA&rsquo s close to 78 per cent stake in SIA Engineering&rsquo s maintenance, repair and operations (MRO) unit and the stock&rsquo s low liquidity, the rationale for privatisation would be " pretty strong" , DBS said.
In addition, SIA being a cash rich company means it would not have to leverage on the equity capital markets for financing, along with not having any significant acquisitions under its belt.
However, remaining separately listed from SIA will give SIA Engineering an &ldquo aura of independence&rdquo , important in retaining perception as an independent MRO provider, said the analysts. This is because it has to bid for work from other airlines, which currently accounts for around 40 per cent of its revenue.
Should the privatisation materialise, DBS is estimating a premium of around 10 to 30 per cent above the last closing price, translating to an offer price of between S$2.75 and S$3.26 per share.
DBS has thus upgraded SIA Engineering to " buy" based on the M& A or privatisation premium, with a raised target price of S$3.01. It said current valuations for the firm are at multi-year lows of about 16 times forward price-to-earnings, and dividend yield is healthy at close to 4.5 per cent. Downside risks are thus limited even if the privatisation does not materialise, it said.
DBS added that it would cost SIA S$748 million to privatise SIA Engineering at S$3.01 per share for remaining shares it does not already own, which is 22 per cent.
A privatisation would also buy more time for SIA to restructure or streamline SIA Engineering as needed.
For SIA&rsquo s own earnings, privatisation can provide a marginal one per cent uplift to the airline&rsquo s fiscal 2020 earnings, and two per cent to its fiscal 2021 earnings, assuming the cost of debt of 3 per cent and six months contribution in the financial year ending March 2020, said DBS.
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Is it DBS spread rumour ? Their trading profit down ? SgX must trace the sources
of rumours and take actions instead of always issue queries....else retail investors always at losing end.
CheeryVGoh ( Date: 05-Jul-2019 12:05) Posted:
BUSINESS TIMES :
THE Singapore Exchange (SGX) on Friday morning queried SIA Engineering for " unusual price and volume movements" in its shares after the market opened.
As of 10.07am, SIA Engineering shares were trading at S$2.89, up 17 Singapore cents or 6.3 per cent. On Thursday, the counter closed 8.4 per cent or 21 Singapore cents higher at S$2.72 on high volume.
The spike in SIA Engineering shares may indicate the possibility of privatisation by parent company Singapore Airlines (SIA), DBS analysts said on Friday morning in a research note before the SGX query was issued.
DBS analysts Paul Yong and Suvro Sarkar called the stock&rsquo s volatility " uncharacteristically high" , which they believe could have been fuelled by renewed talk of privatisation by SIA.
" SIA Engineering&rsquo s stock price has performed poorly of late, and could thus provide a value-for-money privatisation target for SIA,&rdquo they said.
For the past 12 months, SIA Engineering&rsquo s share price has trended down 20 per cent to S$2.51 prior to the sharp rise, on " uninspiring" quarterly results and lower dividend expectations, said the analysts.
With SIA&rsquo s close to 78 per cent stake in SIA Engineering&rsquo s maintenance, repair and operations (MRO) unit and the stock&rsquo s low liquidity, the rationale for privatisation would be " pretty strong" , DBS said.
In addition, SIA being a cash rich company means it would not have to leverage on the equity capital markets for financing, along with not having any significant acquisitions under its belt.
However, remaining separately listed from SIA will give SIA Engineering an &ldquo aura of independence&rdquo , important in retaining perception as an independent MRO provider, said the analysts. This is because it has to bid for work from other airlines, which currently accounts for around 40 per cent of its revenue.
Should the privatisation materialise, DBS is estimating a premium of around 10 to 30 per cent above the last closing price, translating to an offer price of between S$2.75 and S$3.26 per share.
DBS has thus upgraded SIA Engineering to " buy" based on the M& A or privatisation premium, with a raised target price of S$3.01. It said current valuations for the firm are at multi-year lows of about 16 times forward price-to-earnings, and dividend yield is healthy at close to 4.5 per cent. Downside risks are thus limited even if the privatisation does not materialise, it said.
DBS added that it would cost SIA S$748 million to privatise SIA Engineering at S$3.01 per share for remaining shares it does not already own, which is 22 per cent.
A privatisation would also buy more time for SIA to restructure or streamline SIA Engineering as needed.
For SIA&rsquo s own earnings, privatisation can provide a marginal one per cent uplift to the airline&rsquo s fiscal 2020 earnings, and two per cent to its fiscal 2021 earnings, assuming the cost of debt of 3 per cent and six months contribution in the financial year ending March 2020, said DBS.
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Ended well at $2.89, within my target range of $2.89 to $2.95.
Congrats for those who have made some profits today! Let' s expect for SIA Engineering to surpass $3 next week!
JesseTyler ( Date: 05-Jul-2019 14:11) Posted:
Moving into consolidation mode now, slightly revised closing target for today: $2.89 to $2.95
JesseTyler ( Date: 05-Jul-2019 11:27) Posted:
| $2.96 hit, going for today' s closing target @ $3.0 |
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I restock SIA (Sia engineering enough for now liao) , who else want come onboard...
Cost savings if SIA engineering privatize, SIA valuation would increase as well.
JesseTyler ( Date: 05-Jul-2019 14:28) Posted:
hope you have reloaded, the next train should be coming soon.
stockgurus ( Date: 05-Jul-2019 13:45) Posted:
Took profit earlier on..
I short at 2.89, but execution speed too slow..Place market order when its 2.93 to short, then kena 2.8 + ... (Unlucky much)
Covered liao..
Now waiting to reloa |
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Singapore airlines possibly next to move up..Dividend and SIA engineering possible privatlization enough to push up alot..
1 M LETS GO...SIA engineering now abit too high, i prefer SIA
JesseTyler ( Date: 05-Jul-2019 14:35) Posted:
hahaha ... you are very optimistic, my friend~
halleluyah ( Date: 05-Jul-2019 14:32) Posted:
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hahaha ... you are very optimistic, my friend~
halleluyah ( Date: 05-Jul-2019 14:32) Posted:
target 3.10...
JesseTyler ( Date: 05-Jul-2019 14:27) Posted:
| Retesting $2.89 now, looks like $3 is possible today |
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target 3.10...
JesseTyler ( Date: 05-Jul-2019 14:27) Posted:
Retesting $2.89 now, looks like $3 is possible today.
JesseTyler ( Date: 05-Jul-2019 14:11) Posted:
| Moving into consolidation mode now, slightly revised closing target for today: $2.89 to $2.9 |
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hope you have reloaded, the next train should be coming soon.
stockgurus ( Date: 05-Jul-2019 13:45) Posted:
Took profit earlier on..
I short at 2.89, but execution speed too slow..Place market order when its 2.93 to short, then kena 2.8 + ... (Unlucky much)
Covered liao..
Now waiting to reload
JesseTyler ( Date: 05-Jul-2019 13:12) Posted:
| My advise is don' t try, I believe just now was just reloading of bullets. I reload too, so it' s ok |
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Retesting $2.89 now, looks like $3 is possible today.
JesseTyler ( Date: 05-Jul-2019 14:11) Posted:
Moving into consolidation mode now, slightly revised closing target for today: $2.89 to $2.95
JesseTyler ( Date: 05-Jul-2019 11:27) Posted:
| $2.96 hit, going for today' s closing target @ $3.0 |
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Moving into consolidation mode now, slightly revised closing target for today: $2.89 to $2.95
JesseTyler ( Date: 05-Jul-2019 11:27) Posted:
$2.96 hit, going for today' s closing target @ $3.04
JesseTyler ( Date: 05-Jul-2019 10:08) Posted:
$2.89 hit
Next target for lunchtime: $2.96 to $3.10
Closing target for today: $3.04 to $3.15 (+- 0.05 --> $3.20) |
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Took profit earlier on..
I short at 2.89, but execution speed too slow..Place market order when its 2.93 to short, then kena 2.8 + ... (Unlucky much)
Covered liao..
Now waiting to reload
JesseTyler ( Date: 05-Jul-2019 13:12) Posted:
My advise is don' t try, I believe just now was just reloading of bullets. I reload too, so it' s ok.
stockgurus ( Date: 05-Jul-2019 12:53) Posted:
Kena trick ...Aiya gap down liao la..
Like sembcorp marine people so hype in the end went down after news rumor dismissed...
Short sellers going to win today..
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It might retrace anytime soon..
iinvestor ( Date: 05-Jul-2019 13:40) Posted:
The Board already replied no price sensitive discussions of any sort....the hype will take a few days to die..wait to reload..
Actually I doubt SIA got the resources to privatise...anyway dyodd pl |
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The Board already replied no price sensitive discussions of any sort....the hype will take a few days to die..wait to reload..
Actually I doubt SIA got the resources to privatise...anyway dyodd pl
My advise is don' t try, I believe just now was just reloading of bullets. I reload too, so it' s ok.
stockgurus ( Date: 05-Jul-2019 12:53) Posted:
Kena trick ...Aiya gap down liao la..
Like sembcorp marine people so hype in the end went down after news rumor dismissed...
Short sellers going to win today..
wehuattogether88 ( Date: 05-Jul-2019 12:20) Posted:
From SGX :
RESPONSE TO SGX QUERIES ON UNUSUAL TRADING ACTIVITY
The Board of Directors of SIA Engineering Company Limited (the &ldquo Company&rdquo ) refers to the
queries from the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) on 5 July 2019
regarding the unusual price and volume movements in the Company&rsquo s shares and wishes to
respond to the queries as follows:
Question 1: Are you (the issuer) aware of any information not previously
announced concerning you, your subsidiaries or associated companies which, if
known, might explain the trading? Such information may include events that are
potentially material and price-sensitive, such as discussions and negotiations that
may lead to joint ventures, mergers, acquisitions or purchase or sale of a
significant asset. You may refer to paragraph 8 in Appendix 7.1 of the Mainboard
Rules for further examples.
Response:
The Company is not aware of any information not previously announced concerning the
Company, its subsidiaries or associated companies which might explain the trading today.
The Company will, in compliance with the Corporate Disclosure Policy of the SGX-ST Listing
Manual, make the necessary disclosures (if any) at the appropriate time.
Question 2: Are you aware of any other possible explanation for the trading? Such
information may include public circulation of information by rumours or reports.
Response:
The Company is not aware of any other possible explanation for the trading.
Question 3: Can you confirm your compliance with the listing rules and, in
particular, Mainboard Rule 703?
Response:
The Company confirms its compliance with the listing rules, in particular, listing rule 703.
The Board of Directors collectively and individually takes responsibility for the accuracy of the
aforesaid replies to the queries raised by the SGX-ST.
By Order of the Board
Lu Ling Ling
Company Secretary
5 July 2019 |
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Kena trick ...Aiya gap down liao la..
Like sembcorp marine people so hype in the end went down after news rumor dismissed...
Short sellers going to win today..
wehuattogether88 ( Date: 05-Jul-2019 12:20) Posted:
From SGX :
RESPONSE TO SGX QUERIES ON UNUSUAL TRADING ACTIVITY
The Board of Directors of SIA Engineering Company Limited (the &ldquo Company&rdquo ) refers to the
queries from the Singapore Exchange Securities Trading Limited (&ldquo SGX-ST&rdquo ) on 5 July 2019
regarding the unusual price and volume movements in the Company&rsquo s shares and wishes to
respond to the queries as follows:
Question 1: Are you (the issuer) aware of any information not previously
announced concerning you, your subsidiaries or associated companies which, if
known, might explain the trading? Such information may include events that are
potentially material and price-sensitive, such as discussions and negotiations that
may lead to joint ventures, mergers, acquisitions or purchase or sale of a
significant asset. You may refer to paragraph 8 in Appendix 7.1 of the Mainboard
Rules for further examples.
Response:
The Company is not aware of any information not previously announced concerning the
Company, its subsidiaries or associated companies which might explain the trading today.
The Company will, in compliance with the Corporate Disclosure Policy of the SGX-ST Listing
Manual, make the necessary disclosures (if any) at the appropriate time.
Question 2: Are you aware of any other possible explanation for the trading? Such
information may include public circulation of information by rumours or reports.
Response:
The Company is not aware of any other possible explanation for the trading.
Question 3: Can you confirm your compliance with the listing rules and, in
particular, Mainboard Rule 703?
Response:
The Company confirms its compliance with the listing rules, in particular, listing rule 703.
The Board of Directors collectively and individually takes responsibility for the accuracy of the
aforesaid replies to the queries raised by the SGX-ST.
By Order of the Board
Lu Ling Ling
Company Secretary
5 July 2019 |
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