SIA    Last:6.97    -0.08

SIA revived

Good move by SIA. It further solidifies SIA' s branding. Fly with us, receives excellent service, and we' ve got your back. Given that CAT will be more frequent and hard to detect early, and it affects most airlines, if I am flying and have a choice, which will I choose. 

FATABA      ( Date: 12-Jun-2024 09:17) Posted: Recent development in SIA is certainly offering SH much to think about . The reason compensation and payout does show SIA management skill in handling crisis like this .....however, ( even cover by insurance) it does cost SIA  some $$. More so , just hope it wld not happen too often knowing it is tough to avoid all this in airline bz   After a record earning, the compensation package for staff and SH is a hugh sum ....question is, can SIA afford this or could it be lesser ?  And more so , would SIA be able to even maintain this level of payout going forward ?? Dont get me wrong ...SIA will continue to be profitable ( at least this year ) barring any major global issue ( like pandemic or a war) ....but doubt are set in if SIA can maintian this level of payout seeing rising oil prices and global competition .  Certainly hope our national carrier can fly high .

 

Recent development in SIA is certainly offering SH much to think about .

The reason compensation and payout does show SIA management skill in handling crisis like this .....however, ( even cover by insurance) it does cost SIA 
some $$. More so , just hope it wld not happen too often knowing it is tough to avoid all this in airline bz

  After a record earning, the compensation package for staff and SH is a hugh sum ....question is, can SIA afford this or could it be lesser ? 
And more so , would SIA be able to even maintain this level of payout going forward ??

Dont get me wrong ...SIA will continue to be profitable ( at least this year ) barring any major global issue ( like pandemic or a war) ....but doubt are set in if
SIA can maintian this level of payout seeing rising oil prices and global competition . 

Certainly hope our national carrier can fly high .

 

https://www.1news.co.nz/2024/06/11/singapore-airlines-offers-at-least-13000-each-to-turbulence-victims/

Compensation claims for the injured.

 

Finanal Dividend : SGD 0.38
Ex Date : 1 Aug 2024

Yield : $0.48/6.78 = 7.08% (Assuming Stock price and earnings remained unchanged. Growth rate = zero)
Latest SSB rate : 3.3%
Compare with SGX shining star....
DBS : 2.16/35.8 = 6.03%

Happy Investing.
PDYODD
 

Sin_Cos_Tan      ( Date: 07-Jun-2024 09:40) Posted: FINANCIAL CALENDAR 31 July 2024 Announcement of FY2024/25 First Quarter Business Update 15/6/24 May 24 Operating Statistic

 

Airline passengers, revenues to hit records in 2024 ~ CNA
马 照 跑 舞 照 跳
SIA FY 2024/25业 绩 将 照 創 新 高

即 使 是 零 增 加 ， SIA旡 论 在 业 额 、 淨 利 过 去 兩 年 巳 连 继 破 记 錄 .
 

Sin_Cos_Tan      ( Date: 04-Jun-2024 10:07) Posted: SIA continue to break record for 2 years and posted a record full-year net profit.  Assume that : expected earnings growth rate  of SIA = 0% assuming the stock price and earnings remained unchanged.  if its stock trades at $6.75 per share and earns $0.633 (as per FY 2023/24) per share annually. At SIA' s share price of S$6.75, it has a price-to-earnings (P/E) ratio of 10.66x ..... Meaning..... It would take 10.66 years for the Company to make enough money to reimburse the share price.  Happy Investing. PDYODD Sin_Cos_Tan      ( Date: 03-Jun-2024 09:22) Posted: Aviation Stocks In Singapore: SIA (C6L) SATS (S58) SIA Engineering (S59) ST Engineering (S63): Latest Results, Dividends, and Growth Prospects Singapore Airlines Ltd (SGX: C6L) Singapore Airlines (SIA) (SGX: C6L), the national carrier of Singapore, is a leading global airline known for its top-notch service and extensive network.   SIA' s latest financial results showed strong signs of recovery, with increasing passenger loads. For the financial year ended 31 March 2024 (FY2023/24), SIA' s total revenue rose 7% year-on-year to a record S$19.01 billion, up from S$17.78 billion last year.  While passenger-flown revenue grew 17.3% to S$15.69 billion, cargo-flown revenue fell 41.2% to S$2.12 billion. Meanwhile, SIA' s net profit improved by 24% year-on-year to a record of S$2.68 billion due mainly to better operating performance,  a net interest income versus net finance charges a year before, lower tax expense, and a share of profits versus a share of losses of associated companies from the previous year. Shareholders will be delighted to note that a final dividend of 38 cents per share for FY2023/24 was declared.  Including the interim dividend of 10 cents per share paid, the total dividend for the latest financial year will be 48 cents per share.  This is up 20.8% from the total dividend of 38 cents per share declared a year back. Looking ahead, SIA said that the demand for air travel remains healthy in the first quarter of FY2024/25 due to a strong pick-up in bookings to North Asia and Southeast Asia. While cargo yields have held above pre-pandemic levels for the financial year, there is downward pressure due to increases in belly-hold capacity.  The airline added that it faces headwinds from intense competition, increased costs, and geopolitical tension. At SIA' s share price of S$6.75, it has a price-to-earnings (P/E) ratio of 11x and a dividend yield of 7.1%. https://www.sharejunction.com/sharejunction/insightArticle.htm?id=0& s=2

 

Engineering requirements causing delay or cancellation is common amongst airlines. I experience in Jetstar

Charity88      ( Date: 08-Jun-2024 18:51) Posted: https://www.straitstimes.com/singapore/transport/scoot-blames-flight-cancellations-on-shortage-of-spare-parts-due-to-supply-chain-issues UPDATED MAY 09, 2024, 11:54 PM SINGAPORE - Budget airline Scoot has attributed its recent spate of flight disruptions to a shortage of spare parts arising from supply chain issues. Its latest comments came a day after The Straits Times reported on May 8 that 33 Scoot flights scheduled to leave or land at Changi Airport were cancelled over five days from May 2 to 6. On May 7, two Scoot flights were retimed and there was no cancellation. On May 8, one Scoot flight was retimed and there was no cancellation. No Scoot flights were disrupted on May 9. In a statement to ST on May 9, Scoot, the low-cost arm of Singapore Airlines (SIA), said: " Scoot  can confirm that several flights scheduled in May 2024 are cancelled due to a variety of operational reasons, including aircraft unavailability because of a shortage of spare parts due to supply chain issues."

 

https://www.straitstimes.com/singapore/transport/scoot-blames-flight-cancellations-on-shortage-of-spare-parts-due-to-supply-chain-issues

 

the mgt shd have already strategized tiz, so  sia grp stil up up short n mid term..? 

" ..While local airlines have been riding a post-pandemic high, analysts caution that the good times may not last, with intensifying competition among other challenges.." "

https://www.channelnewsasia.com/singapore/sia-sq-airlines-aviation-flights-focus-4391681

 

FINANCIAL CALENDAR

31 July 2024
Announcement of FY2024/25
First Quarter Business Update

15/6/24
May 24 Operating Statistic
 

 

 

展 翅 高 飞 !
 

Sin_Cos_Tan      ( Date: 04-Jun-2024 13:21) Posted:

 

---

positive development 

Sin_Cos_Tan      ( Date: 04-Jun-2024 16:23) Posted: Riyadh Air And Singapore Airlines Sign Strategic Agreement To Establish Commercial Partnership Mr Goh Choon Phong, Chief Executive Officer, Singapore Airlines, said: " This win-win strategic partnership with Riyadh Air will enable us to offer even more options, enhanced connectivity, and greater benefits to our customers. Together, we can facilitate the growth of passenger travel between Saudi Arabia and Singapore, and beyond, via our respective networks, supporting both tourism and business links. The MoU will also allow us to find ways to work together to enhance customer experience and cargo services, and harness digital tools and solutions, potentially bringing greater benefits to both airlines in the future." https://www.singaporeair.com/en_UK/us/media-centre/press-release/article/?q=en_UK/2024/April-June/jr0824-240604

 

Riyadh Air And Singapore Airlines Sign Strategic Agreement To Establish Commercial Partnership

Mr Goh Choon Phong, Chief Executive Officer, Singapore Airlines, said: " This win-win strategic partnership with Riyadh Air will enable us to offer even more options, enhanced connectivity, and greater benefits to our customers. Together, we can facilitate the growth of passenger travel between Saudi Arabia and Singapore, and beyond, via our respective networks, supporting both tourism and business links. The MoU will also allow us to find ways to work together to enhance customer experience and cargo services, and harness digital tools and solutions, potentially bringing greater benefits to both airlines in the future."

https://www.singaporeair.com/en_UK/us/media-centre/press-release/article/?q=en_UK/2024/April-June/jr0824-240604

 

 

as the 1st Aug date approaches ///// SIA will fly higher .....after all 38c for a $7 share is still good 5.4% yield 
DYODD 

Sin_Cos_Tan      ( Date: 04-Jun-2024 13:21) Posted:

 

 

SIA continue to break record for 2 years and posted a record full-year net profit. 

Assume that : expected earnings growth rate  of SIA = 0%
assuming the stock price and earnings remained unchanged. 
if its stock trades at $6.75 per share and earns $0.633 (as per FY 2023/24) per share annually.

At SIA' s share price of S$6.75, it has a price-to-earnings (P/E) ratio of 10.66x ..... Meaning.....
It would take 10.66 years for the Company to make enough money to reimburse the share price. 
Happy Investing.
PDYODD

Sin_Cos_Tan      ( Date: 03-Jun-2024 09:22) Posted: Aviation Stocks In Singapore: SIA (C6L) SATS (S58) SIA Engineering (S59) ST Engineering (S63): Latest Results, Dividends, and Growth Prospects Singapore Airlines Ltd (SGX: C6L) Singapore Airlines (SIA) (SGX: C6L), the national carrier of Singapore, is a leading global airline known for its top-notch service and extensive network.   SIA' s latest financial results showed strong signs of recovery, with increasing passenger loads. For the financial year ended 31 March 2024 (FY2023/24), SIA' s total revenue rose 7% year-on-year to a record S$19.01 billion, up from S$17.78 billion last year.  While passenger-flown revenue grew 17.3% to S$15.69 billion, cargo-flown revenue fell 41.2% to S$2.12 billion. Meanwhile, SIA' s net profit improved by 24% year-on-year to a record of S$2.68 billion due mainly to better operating performance,  a net interest income versus net finance charges a year before, lower tax expense, and a share of profits versus a share of losses of associated companies from the previous year. Shareholders will be delighted to note that a final dividend of 38 cents per share for FY2023/24 was declared.  Including the interim dividend of 10 cents per share paid, the total dividend for the latest financial year will be 48 cents per share.  This is up 20.8% from the total dividend of 38 cents per share declared a year back. Looking ahead, SIA said that the demand for air travel remains healthy in the first quarter of FY2024/25 due to a strong pick-up in bookings to North Asia and Southeast Asia. While cargo yields have held above pre-pandemic levels for the financial year, there is downward pressure due to increases in belly-hold capacity.  The airline added that it faces headwinds from intense competition, increased costs, and geopolitical tension. At SIA' s share price of S$6.75, it has a price-to-earnings (P/E) ratio of 11x and a dividend yield of 7.1%. https://www.sharejunction.com/sharejunction/insightArticle.htm?id=0& s=2 Sin_Cos_Tan      ( Date: 27-May-2024 09:52) Posted: Singapore Airlines (SIA) posted a record full-year net profit of  S$2.7 billion for FY2024 on May 15 and is proposing a higher dividend payout for shareholders and a fatter bonus for staff. SIA is not just having record profit ..... 1. it has REDEEMED all its bond .....  2. declared  final dividend of 38 cents per share results in a total payout of 48 cents per share for FY2023/24, or a dividend yield of 7.2% at $ 6.69 3. SIA staff rewarded with nearly 8 months of bonus pay as airline posts record S$2.7 billion profit for FY2024 All these indicate that SIA is a Company with strong balance sheet and financially healthy . PDYODD

 

MrBear12      ( Date: 28-May-2024 11:29) Posted: 好 展 望 ， 买 ！ Sin_Cos_Tan      ( Date: 28-May-2024 10:50) Posted:   哇 ！ 散 戶 财 大 气 粗

 

Oil price drop, Airline will be turning into good profit.

Today gap up $6.80 le

Dyodd

 

Nobody can force anybody to sell.
We are forced sold because we contra.

No money, then don' t buy this one.
You' d be better off not investing.

Barcalo      ( Date: 03-Jun-2024 18:00) Posted: Today's trading trend seems like BBs are forcing retail traders to sell, and they are buy up slowly.

 

Today's trading trend seems like BBs are forcing retail traders to sell, and they are buy up slowly.