SIA Engineering    Last:3.18    -0.02

SIA Engineering

Today only 6.8 M still have 32M shares to go...maybe at this rate sell untill next week than finish lah!!no one will buy it up for sure JP will sell it down!!....

sun233      ( Date: 04-Oct-2017 14:49) Posted: JP Morgan are selling 38.8 million shares..............so far today' s volume not near that number.

 

SINGAPORE (REUTERS) - Shares of SIA Engineering sank to more than a six-year low on Wednesday morning (Oct 4) after news that JP Morgan is selling 38.8 million shares in the aircraft maintenance services provider for up to S$128 million.

The shares fell earlier in the morning by as much as 8.96 per cent to S$3.15, their lowest since January 2010. At around 10am, they were trading at S$3.26, down 5.76 per cent.

JP Morgan' s share sale is at a price range of S$3.11-S$3.30 per SIA Engineering share, implying a 4.6 to 10.1 per cent discount to the company' s pre-deal close of S$3.46.

  Today' s low only 3.15.....

 

JP Morgan are selling 38.8 million shares..............so far today' s volume not near that number. 

 

could be linked to the fact that SIAEC has been dropped from the ST Index.

 

sometime really dun know what BB like JP Morgan doing... JP Morgan sell Ascendas-i Trust Since 1.110 till 1.05... Then last today it shup back to 1.12...

 

casarasa      ( Date: 04-Oct-2017 11:20) Posted: http://www.straitstimes.com/business/companies-markets/sia-engineering-shares-fall-to-6-year-low Read the above.  JP Morgan selling.

 

http://www.straitstimes.com/business/companies-markets/sia-engineering-shares-fall-to-6-year-low

Read the above.  JP Morgan selling.

 

dun ask d... just short it

nyde1d1th      ( Date: 04-Oct-2017 09:14) Posted: what happened huh down 5% suddenly...

 

what happened huh down 5% suddenly...

 

Out if index component , so price may dive further

 

http://www.straitstimes.com/business/jardine-strategic-to-replace-sia-engg-on-sti-benchmark

 

yes.. it is indeed 3.50 now..
what next?

sgng123      ( Date: 27-Jul-2017 16:12) Posted: 3.60 is quite close to industry average pe 24x, but might slip lower on poor sentiment as privatisation by sia did not happen. Until SIA reveal transformation plan, it would remain range bound around 3.50 JesseTyler      ( Date: 27-Jul-2017 14:03) Posted: Want sell down then sell faster leh.. so slow .. should I clean sweep back to 3.70? Not a lot of sell queues to 3.70 ~

 

what happened to July 24 onwards? 
what kind of options might come out? 

 

3.60 is quite close to industry average pe 24x, but might slip lower on poor sentiment as privatisation by sia did not happen. Until SIA reveal transformation plan, it would remain range bound around 3.50

JesseTyler      ( Date: 27-Jul-2017 14:03) Posted: Want sell down then sell faster leh.. so slow .. should I clean sweep back to 3.70? Not a lot of sell queues to 3.70 ~

 

Want sell down then sell faster leh.. so slow .. should I clean sweep back to 3.70? Not a lot of sell queues to 3.70 ~

 

This is short on news, later would cover end of week if no investors sells. SIA linked companies always got manipulated by big players to push changes, they do a 7% plunge on SIA on 4q losses to force cost cutting on management and it went their way. June ops report shows 5% jump in load factor with no change in capacity most likely cutback on added frequency to push up load. Now big investors want big job cut to justify their support for stock price. 

 

Hmmm weird ah ..  They didn' t really make a loss, just earn lesser only mah ...

gordongeckko      ( Date: 26-Jul-2017 17:18) Posted: Rerating couple with earning downgrade. Sad.

 

Rerating couple with earning downgrade. Sad. 

 

What happened to SIA Engineering today???

 

Long time rumoured takeover or privatised tgt, currently SIA group doing review of business model. Review expected to be completed in dec, so currently stock range bound supported by share buyback

 

any good news on this stock? the company keep buying back his share