SIA    Last:6.97    -0.08

SIA revived

Wait for me, wait4opp.
I want to fly high too!

wait4opp      ( Date: 03-Jun-2024 16:42) Posted: With now the price plus 38cents div is worth look at. Will be a great way to fly up up high high Dyodd

 

With now the price plus 38cents div is worth look at.

Will be a great way to fly up up high high

Dyodd

 

 

Good good

 

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   Sin_Cos_Tan      ( Date: 24-May-2024 14:39) Posted: 基 金 评 级 机 构 过 去 几 年 都 以 老 掉 牙 的 理 由 (不 外 是 营 运 成 本 上 漲 ， 油 价 上 漲 ， 兢 爭 竞 争 加 剧 ....) 压 低 SIA目 標 價 (TP).... Despite all the negative negative reviews , SIA still managed to achieve record-breaking net profit in FY 2022/2023, 2023/2024... 1. FY 2022/2023 Full year results.... SIA GROUP POSTS HIGHEST NET PROFIT IN ITS 76-YEAR HISTORY 2.FY 2023/2024 Full year results.... SIA GROUP POSTS RECORD FULL YEAR NET PROFIT OF $2.675 Billions SIA is not just having record profit .....it has REDEEMED all its bond ..... 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 PE ratio  10.57 (FY 2022 / 2023 : 19.13   Sin_Cos_Tan           ( Date: 17-May-2024 09:03) Posted:   Recap.. FY 2022/2023 Full year results.... SIA GROUP POSTS HIGHEST NET PROFIT IN ITS 76-YEAR HISTORY  Share prices reaction .... 16/5/23 - $5.92  16/6/23 - $8.05 (high) P/E ratio before FY 2023/24 results announcement :  19.13 FY 2023/2024 Full year results.... SIA GROUP POSTS RECORD FULL YEAR NET PROFIT OF $2,675 MILLION +SIA posted a 24 per cent year-on-year increase in net profit to a record high of S$2.7 billion ( FY 2022/2023 : $2.16 B ) +Revenue climbed 7 % to $19 billion ( FY 2022/2023 : $17.78 B ) +Proposed final dividend increase 26.3% to 48 cents per share ( FY 2022/2023 : 38 cents ) +Earnings per share increase 77.8% to 63.3 cents ( 2022/23 - 35.6 cents) +By 24/6/24 , the Company would have fully redeemed the $9.7 billion of MCBs that were issued in 2020 and 2021.

 

Powerful closing

 

Hidden Buying today....

 

They should just eat whoever is selling at current price.


Trade with wise FM and DYODD

wait4opp      ( Date: 31-May-2024 14:13) Posted: FM will push up for profolio closing with dividends Dyodd

 

FM will push up for profolio closing with dividends

Dyodd

 

What can be done to mitigate turbulence? 

Technology to detect turbulence  is still in the research and development phase, so pilots use the knowledge they have from  weather radar  to determine the best plan to avoid weather patterns with high levels of moisture directly ahead of their flight path.

Weather radar imagery shows the pilots where the most intense turbulence can be expected, and they work with air traffic control to avoid those areas. When turbulence is encountered unexpectedly, the pilots immediately turn on the " fasten seatbelt" sign and reduce engine thrust to slow down the plane. They will also be in touch with air traffic control to find better conditions either by climbing or descending to smoother air.

Are some routes more prone to air turbulence? Will climate change make it worse? Your questions answered (phys.org)

 

交 通 部 星 期 三 （ 5月 29日 ） 发 文 告 公 布 的 初 步 调 查 结 果 显 示 ， 客 机 于 上 星 期 二 （ 5月 21日 ） ，
英 国 时 间 上 午 7时 49分 21秒 （ 新 加 坡 下 午 3时 49分 21秒 ） 在 缅 甸 南 部 上 空 3万 7000英 尺 时 ， 进 入 湍 流 区 引 起 轻 微 震 动 。

SQ321事 故 ： 重 力 4.6秒 急 速 变 化 机 师 事 前 已 亮 安 全 带 指 示 灯
新 航 在 星 期 三 （ 5月 29日 ） 下 午 发 布 的 声 明 中 重 申 ， 乘 客 和 职 员 的 安 全 和 福 祉 是 新 航 的 首 要 考 量 。

Translated by google:
Preliminary investigation results announced by the Ministry of Transport in a statement on Wednesday (May 29) showed that
the passenger plane landed in Myanmar at 7:49:21 am UK time (3:49:21 pm Singapore time) last Tuesday (May 21) At an altitude of 37,000 feet over the south,
it entered a turbulent area causing slight shaking.

SQ321 accident: Gravity changed rapidly in 4.6 seconds. The pilot had turned on the seat belt indicator light beforehand.
In a statement issued on Wednesday (May 29) afternoon, Singapore Airlines reiterated that the safety and well-being of its passengers and staff is its top priority.

Please watch 30/5/24 Channel 8 News - Expert Interview on Aviation Operations and Safety ....
Airlines cannot Su ka Su ka change the path or height , they can only fly between 30k -38k ft.
They have to manage operations in accordance with regulatory requirements. 否 则 就 是 " 无 法 无 天 " 。
 

Sin_Cos_Tan      ( Date: 29-May-2024 16:29) Posted: Analysts whom The Business Times spoke to agreed that the unexpected tragedy is expected to have limited impact on SIA' s reputation or financial standing.   As the tragic incident is not believed to have resulted from human error or faulty equipment, SIA' s brand is not expected to be affected.   Joelton      ( Date: 29-May-2024 10:58) Posted: Time for SIA to show it has what it takes to soar higher post-pandemic It has gone from a record net loss of S$4.3 billion for FY2021 at the height of the Covid-19 pandemic to posting its highest-ever earnings of S$2.7 billion for the FY2024 ended March   SINGAPORE Airlines (SIA) : C6L 0% has endured a difficult time over the last four years.   The national carrier fell to a record net loss of S$4.3 billion for FY2021 at the height of the Covid-19 pandemic.   It raised S$15 billion from selling rights in 2020 and 2021, including S$9.7 billion of zero-coupon mandatory convertible bonds (MCBs), to tide the group through the pandemic that sent the global aviation industry into a tailspin.   This helped the group &ndash including its budget airline Scoot &ndash to not only stay afloat, but also largely preserve its pilots and aircraft fleet. It was also able to keep the crew operationally ready while waiting in the wings for the pandemic to pass.   On May 15 this year, SIA delivered its highest-ever earnings of S$2.7 billion for the FY2024 ended March. It also announced that it will be redeeming the remaining MCBs on Jun 24 before their maturity in 2030.   Its passenger capacity is now comparable to pre-pandemic levels. With these benchmarks, SIA could be said to have put the pandemic firmly behind it.   What was meant to be a transition back to a &ldquo business as usual&rdquo mode for SIA took place in a difficult landscape presenting multiple challenges &ndash geopolitical tensions, macroeconomic uncertainties, supply chain constraints and inflationary pressures, to name a few.   Besides competition, the vagaries of the operating environment also require airlines to be responsive and nimble.   SIA was thrust into the international spotlight last week when one of its aircraft flying from London to Singapore encountered &ldquo sudden extreme turbulence&rdquo , which resulted in one death and dozens of injuries. The flight was diverted to Bangkok.   The carrier&rsquo s crisis-handling skills were put to the test, and it appears to have passed with flying colours so far. SIA won compliments from some quarters for being prompt and clear in its updates, preserving its brand from any immediate hit.   Analysts whom The Business Times spoke to agreed that the unexpected tragedy is expected to have limited impact on SIA&rsquo s reputation or financial standing.   As the tragic incident is not believed to have resulted from human error or faulty equipment, SIA&rsquo s brand is not expected to be affected.   Notwithstanding the record-breaking earnings in FY2024, however, the group continues to see some operational pressures.   For one thing, passenger yields declined in its latest financial year ended March as its peers continued to ramp up their capacity. Non-fuel expenditures rose as suppliers updated prices in line with inflation.   Passenger yields at SIA and Scoot have dipped year on year in every quarter in FY2024, or 7.6 per cent for the full year. The yield for the budget carrier fell more steeply, by 15.9 per cent, than that of the full-service airline parent, which slid 4.7 per cent.   Scoot posted a steep decline of 68.2 per cent year on year in operating profit, while that of the full-service carrier fell 13.1 per cent.   This caused the group&rsquo s operating profit to fall 19.5 per cent for the second half of FY2024.   SIA CEO Goh Choon Phong pointed out at the financial results briefing that Scoot&rsquo s steep profit slide had to do with the budget unit&rsquo s operations being largely regional. &ldquo Regional routes are the ones that see a greater injection of capacity, so you can expect there is greater competitive pressure,&rdquo he said.   Scoot has had years of loss-making before the pandemic. Perhaps the challenges of supply chain constraints and geopolitical tensions were less pronounced pre-pandemic.   But the airline industry has always been a highly competitive one &ndash perhaps even more so in this post-Covid era as some upstarts entered the industry opportunistically, hoping to grab a slice of the robust travel demand and elevated yields.   Some airlines that had been awash in red before the pandemic managed to wrest a big cut off their debts in bankruptcy protection during the pandemic, and thus reset their balance sheets.   Corporate travel, meanwhile, has not recovered to pre-pandemic levels. And whether or when the current robust travel demand would fizzle out is yet unknown.   SIA flexed its muscles when it overcame the pandemic&rsquo s challenges and was the first off the blocks to capture pent-up travel demand after borders reopened, and rewarded shareholders and staff alike.   Goh was confident that the group would be able to take on the challenges in the post-pandemic world as he asked rhetorically at the results briefing: &ldquo More importantly, do we have what it takes? We believe so.&rdquo   It is now time for the group&rsquo s management to show that it is capable of executing its strategies well in the business-as-usual world and continue to soar even higher.

 

Of course not, it was entirely an unexpected incident. Fly the airline of your choice. But fasten seat belts

 

Fuel savings more important then passengers?
Are we in good hands if SIA is so cost conscious?
Need to change airline for your holidays if SIA is really like that.

Trade with flying SIA and DYODD

MrBear12      ( Date: 30-May-2024 09:15) Posted: He could fly an alternative path but that is probably longer. Incur more fuel cost. If there is severe turbulence, pilot could change the height at which he flies. But that would not be fuel efficient and incur more fuel costs. But the point is there was not time to react either to divert or change altitude.. Trade with no time to react SAVIORFOREVER      ( Date: 30-May-2024 07:01) Posted: Can he avoid the dangerous path by using other path? Trade with curiosity and DYODD

 

 

TH may raise stakes anytime with such a cheap price now.

SBB should propose and kick in asap

Dyodd

 

15 May 2024 SIA closing price before FY 2023/2024 Results announcement : $ 6.81
Current price :$ 6.74


 

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   Sin_Cos_Tan      ( Date: 24-May-2024 14:39) Posted: 基 金 评 级 机 构 过 去 几 年 都 以 老 掉 牙 的 理 由 (不 外 是 营 运 成 本 上 漲 ， 油 价 上 漲 ， 兢 爭 竞 争 加 剧 ....) 压 低 SIA目 標 價 (TP).... Despite all the negative negative reviews , SIA still managed to achieve record-breaking net profit in FY 2022/2023, 2023/2024... 1. FY 2022/2023 Full year results.... SIA GROUP POSTS HIGHEST NET PROFIT IN ITS 76-YEAR HISTORY 2.FY 2023/2024 Full year results.... SIA GROUP POSTS RECORD FULL YEAR NET PROFIT OF $2.675 Billions SIA is not just having record profit .....it has REDEEMED all its bond ..... 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 PE ratio  10.57 (FY 2022 / 2023 : 19.13   Sin_Cos_Tan           ( Date: 17-May-2024 09:03) Posted:   Recap.. FY 2022/2023 Full year results.... SIA GROUP POSTS HIGHEST NET PROFIT IN ITS 76-YEAR HISTORY  Share prices reaction .... 16/5/23 - $5.92  16/6/23 - $8.05 (high) P/E ratio before FY 2023/24 results announcement :  19.13 FY 2023/2024 Full year results.... SIA GROUP POSTS RECORD FULL YEAR NET PROFIT OF $2,675 MILLION +SIA posted a 24 per cent year-on-year increase in net profit to a record high of S$2.7 billion ( FY 2022/2023 : $2.16 B ) +Revenue climbed 7 % to $19 billion ( FY 2022/2023 : $17.78 B ) +Proposed final dividend increase 26.3% to 48 cents per share ( FY 2022/2023 : 38 cents ) +Earnings per share increase 77.8% to 63.3 cents ( 2022/23 - 35.6 cents) +By 24/6/24 , the Company would have fully redeemed the $9.7 billion of MCBs that were issued in 2020 and 2021.

 

He could fly an alternative path but that is probably longer. Incur more fuel cost.
If there is severe turbulence, pilot could change the height at which he flies. But that would not be fuel efficient and incur more fuel costs.

But the point is there was not time to react either to divert or change altitude..

Trade with no time to react

SAVIORFOREVER      ( Date: 30-May-2024 07:01) Posted: Can he avoid the dangerous path by using other path? Trade with curiosity and DYODD MrBear12      ( Date: 30-May-2024 05:23) Posted: Yes, Savior. But he could not have foreseen the turbulence that caused the plane to fall 54 m in 5 seconds. I see it as an act of God. It can be called a freak accident. There was simply no time to react

 

Can he avoid the dangerous path by using other path?


Trade with curiosity and DYODD

MrBear12      ( Date: 30-May-2024 05:23) Posted: Yes, Savior. But he could not have foreseen the turbulence that caused the plane to fall 54 m in 5 seconds. I see it as an act of God. It can be called a freak accident. There was simply no time to react. SAVIORFOREVER      ( Date: 29-May-2024 17:19) Posted: Is the pilot aware of the dangerous route most pilots feared? Trade with curiosity and DYODD

 

Yes, Savior. But he could not have foreseen the turbulence that caused the plane to fall 54 m in 5 seconds. I see it as an act of God.
It can be called a freak accident. There was simply no time to react.

SAVIORFOREVER      ( Date: 29-May-2024 17:19) Posted: Is the pilot aware of the dangerous route most pilots feared? Trade with curiosity and DYODD Sin_Cos_Tan      ( Date: 29-May-2024 16:29) Posted: Analysts whom The Business Times spoke to agreed that the unexpected tragedy is expected to have limited impact on SIA' s reputation or financial standing.   As the tragic incident is not believed to have resulted from human error or faulty equipment, SIA' s brand is not expected to be affected.

 

https://www.ibm.com/blog/iot-flying-in-convective-weather/
December 1, 2019

Flying in Convective Weather... And Why You Shouldn' t

Convection makes the earth livable, by transporting excess heat from the surface of the earth into the upper levels of the atmosphere. Without Convection the average temperature on earth could be as high as 125 degrees Fahrenheit. With all of that motion comes moisture. With moisture comes clouds and with clouds comes thunderstorms.

On the surface convection is not innately harmful, in fact necessary for life itself.  But when mixed with moisture and the right thermal conditions, it brings lightning and turbulence that can bring havoc to any airspace.  Disruptions due to rerouting and the aftermath of a run-in with these storms can have dramatic repercussions.
 

What makes a thunderstorm so dangerous?

Turbulence costs airlines hundreds of millions of dollars per year in unplanned maintenance, injuries and delays each year. It is  responsible for 18% of fatal General Aviation accidents, according to an NTSB study . Within a thunderstorm there are strong conflicting updrafts and downdrafts, which lead to the risk of significant turbulence. Even when a storm is not fully mature, flying over a developing storm can lead to severe flight turbulence, as the strong updrafts exist above the visible cloud top. Turbulence can even exist at high altitude, miles downstream of any convective activity.

Another danger of thunderstorms is hail.  The strong updrafts within a thunderstorm can keep large hail suspended in the air while it grows, as well as toss it out miles away from the storm core. Hail most often damages the radome (radar on nose of aircraft) of an aircraft, but is also known to severely damage windshields as well.