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Better leave it.. this is for TH to support SIA.
Go for mother share at this level is better use of funds.
looking ahead, i believe cash rich SIA may use this pandemic to transform into a worldwide carrier with stakes in many smaller airlines (hit by crisis) under its wings. Cheers.
but that' s in 10 years. If SIA still cannot go to that level in 10 years then it really can close shop liao.
Goldfinger ( Date: 27-May-2020 11:55) Posted:
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I see.... that is interesting regarding CPF. So, unlikely anybody would want to top up using cash to try for excess. If unsuccessful, money would be stucked inside. Thanks for the insight.
Anyway, since SIA will likely take a few years to recover, it may be a good option to use some CPF funds to purchase some SIA shares.
Anyway, since SIA will likely take a few years to recover, it may be a good option to use some CPF funds to purchase some SIA shares.
CheeryVGoh ( Date: 27-May-2020 11:39) Posted:
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Did anyone subscribe for the MCB care to share the reason if so? I am going to leave it, as the conversion price of SGD4,84 seems way too high and unrealistic.
But if u are sure make money 😍
Zerocool888 ( Date: 27-May-2020 11:48) Posted:
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Global airlines body raises alarm over bailout debts
26 MAY, 2020UPDATED 27 MAY, 2020
PARIS - Heavy debts inherited from government bailouts and other fund-raising moves will delay the airline industry' s recovery from the coronavirus crisis, a trade body said on Tuesday.
With the amount of new equity raised dwarfed by debt the airlines have taken on, their balance sheets will on average be weaker when they emerge from the crisis.
That means the industry' s woes will last longer than the time it takes for passenger demand to recover, IATA said.
" The treatment is creating a problem with the patient which will need to be dealt with once we get into the recovery period," Chief Economist Brian Pearce told reporters.
" If we don' t see any improvement in the restart period, we are certainly fearful that we are going to see a number of failures."
https://www.todayonline.com/world/global-airlines-body-raises-alarm-over-bailout-debts
26 MAY, 2020UPDATED 27 MAY, 2020
PARIS - Heavy debts inherited from government bailouts and other fund-raising moves will delay the airline industry' s recovery from the coronavirus crisis, a trade body said on Tuesday.
With the amount of new equity raised dwarfed by debt the airlines have taken on, their balance sheets will on average be weaker when they emerge from the crisis.
That means the industry' s woes will last longer than the time it takes for passenger demand to recover, IATA said.
" The treatment is creating a problem with the patient which will need to be dealt with once we get into the recovery period," Chief Economist Brian Pearce told reporters.
" If we don' t see any improvement in the restart period, we are certainly fearful that we are going to see a number of failures."
https://www.todayonline.com/world/global-airlines-body-raises-alarm-over-bailout-debts
They have always been one of our top investors but Singapore businesses doesn' t put all eggs in one basket. Our Government knows how to weigh on who to bring in and making everyone happy.
Singapore is such a unique country that are still attracting investors from various countries due to it' s low taxation law. Without them pumping money, Singapore might not be one of the top 10 countries in the world for investments.
Singapore is such a unique country that are still attracting investors from various countries due to it' s low taxation law. Without them pumping money, Singapore might not be one of the top 10 countries in the world for investments.
Trader130 ( Date: 27-May-2020 11:42) Posted:
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Hope China is our TOP investment partners
Zerocool888 ( Date: 27-May-2020 11:31) Posted:
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Thanks for advice.
Those who bought SIA shares using CPF will also able to exercise their Rights and subscribe and also able to apply for excess.
If CPF stock limit not enough, can top-up using cash. This top-up will form part of the CPF contributions and cannot be withdrawn by the CPF member, i.e. if apply for excess & not sucessful or smaller qty is alloted, the cash top-up could not be withdrawn.
Those who bought SIA shares using CPF will also able to exercise their Rights and subscribe and also able to apply for excess.
If CPF stock limit not enough, can top-up using cash. This top-up will form part of the CPF contributions and cannot be withdrawn by the CPF member, i.e. if apply for excess & not sucessful or smaller qty is alloted, the cash top-up could not be withdrawn.
TheDuellist ( Date: 26-May-2020 23:20) Posted:
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The main bulk still comes from China, HK and Indonesia as this set of tourists contribute to the economy.
Taiwan and NZ visitors doesn' t create any impact and their tourism receipts is relatively low. What is most important are tourism receipts - meaning tourists spending locally in Singapore but Kiwis and Taiwanese aren' t known as big spenders.
One very important thing is until USA stops blaming China for COVID-19 and other trade areas, China will only concentrated domestic sales and consumption as they are more than happy to stay inland to spend since their citizens are not able to fly out from China. USA keeps playing the blaming game on China which is not helping the world economy.
On top of that, Singapore Government have not lift the 14 days compulsory SHN for anyone entering Singapore as well. Tourist visas are still suspended.
Flights work both ways. If there are NZ and Taiwan citizens heading towards Singapore, there should be Singaporeans heading towards their countries too. Our clients from China and HK was ready to visit Singapore in July/August 2020 but the current situation made them delay till 2021.
Singapore infection rate maybe low BUT overseas people still see a relatively small country population has pretty high number ratio. Although our mortality is one of the lowest in the world but no one is buying it. People are just scared seeing those higher numbers.
Right now, even if you offer anyone free air tickets and free stay at the hotel, no one will have the guts to travel in or out of Singapore as there are still no vaccine. Until vaccine appears (which hopefully by end of the 2020 or earlier), the percentage of people travelling will still be extremely low.
Don' t hope too much for any airlines to return back to norm. Not just SIA but all the airlines are bleeding non stop.
It' s not as simple as you think it is as I am in tourism industry for 20 years and my company is still bleeding as we speak. If not for the JSS, my company would have been shut for good in February 2020. We do not expect any tourists streaming in till next year the very least.
There are travel agencies which have gone bust or closed down already this year. Some of my ex colleagues was already jobless since February.
During SARS period although we suffered some losses but it' s peanuts compared to COVID-19. We just need to stay positive and think positive. Save money and spend only when absolutely needed.
Although it' s a great time to do investments but market is way too volatile. Only if you have the power to hold, then invest.
dyodd!
Taiwan and NZ visitors doesn' t create any impact and their tourism receipts is relatively low. What is most important are tourism receipts - meaning tourists spending locally in Singapore but Kiwis and Taiwanese aren' t known as big spenders.
One very important thing is until USA stops blaming China for COVID-19 and other trade areas, China will only concentrated domestic sales and consumption as they are more than happy to stay inland to spend since their citizens are not able to fly out from China. USA keeps playing the blaming game on China which is not helping the world economy.
On top of that, Singapore Government have not lift the 14 days compulsory SHN for anyone entering Singapore as well. Tourist visas are still suspended.
Flights work both ways. If there are NZ and Taiwan citizens heading towards Singapore, there should be Singaporeans heading towards their countries too. Our clients from China and HK was ready to visit Singapore in July/August 2020 but the current situation made them delay till 2021.
Singapore infection rate maybe low BUT overseas people still see a relatively small country population has pretty high number ratio. Although our mortality is one of the lowest in the world but no one is buying it. People are just scared seeing those higher numbers.
Right now, even if you offer anyone free air tickets and free stay at the hotel, no one will have the guts to travel in or out of Singapore as there are still no vaccine. Until vaccine appears (which hopefully by end of the 2020 or earlier), the percentage of people travelling will still be extremely low.
Don' t hope too much for any airlines to return back to norm. Not just SIA but all the airlines are bleeding non stop.
It' s not as simple as you think it is as I am in tourism industry for 20 years and my company is still bleeding as we speak. If not for the JSS, my company would have been shut for good in February 2020. We do not expect any tourists streaming in till next year the very least.
There are travel agencies which have gone bust or closed down already this year. Some of my ex colleagues was already jobless since February.
During SARS period although we suffered some losses but it' s peanuts compared to COVID-19. We just need to stay positive and think positive. Save money and spend only when absolutely needed.
Although it' s a great time to do investments but market is way too volatile. Only if you have the power to hold, then invest.
dyodd!
pasttime ( Date: 27-May-2020 10:27) Posted:
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the problem in SG is singaporean only 3million+ ..... need alot of foreign workers to do hard labour
they can' t do Stay Home notice like other countries as the 300K foreign workers are staying here in dormitories close living quarters .
So infection rate sure high .
they can' t do Stay Home notice like other countries as the 300K foreign workers are staying here in dormitories close living quarters .
So infection rate sure high .
singapre.high rate is because sgp is now testing more. If we just halved the testing i am sure the rate will go down.
If we really want singapore rate to be competitive , we can also just test the children and those living in Ubin. !!!! and especially stop testing so many workers in the dorms for christ sake.
that will help SIA fly again
If we really want singapore rate to be competitive , we can also just test the children and those living in Ubin. !!!! and especially stop testing so many workers in the dorms for christ sake.
that will help SIA fly again
lingua101 ( Date: 27-May-2020 10:54) Posted:
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hello friend think you are newbie ??!! It is the other way round .. share price will affect market cap lah
Decisive ( Date: 27-May-2020 11:07) Posted:
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$3.70 in a blink soon :)
Do you guys know marketcap will affect share price right?
Seem most ignore.
Horseman1234 ( Date: 27-May-2020 11:01) Posted:
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LOL ... look what is comig out from the horse ' s mouth
Horseman1234 ( Date: 27-May-2020 11:01) Posted:
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hahaha correct. u can bring the horse to the water but u cannot make the horse drink.
Trader130 ( Date: 27-May-2020 10:47) Posted:
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Lufthansa airline shares surged 7% after bailout by govt
SIA is very cash rich after the fund raise .. may acquire troubled airlines cheap and become a world dominant player in time to come. Cheers
low? we have 30K+ case for a population of 5M le..... is it low?
pasttime ( Date: 27-May-2020 10:27) Posted:
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