This is terrible.   But I' m glad the plane landed safely.  
A setback for our airline. Tragic!
Our prayers are with the families of the casualties and we pray for their speedy recovery.
So important to wear safety belt in turbulence.
People have been known to hit the roof in severe turbulence when not strapped up.
Our prayers are with the families of the casualties and we pray for their speedy recovery.
So important to wear safety belt in turbulence.
People have been known to hit the roof in severe turbulence when not strapped up.
From SIA facebook:
Singapore Airlines flight #SQ321, operating from London (Heathrow) to Singapore on 20 May 2024, encountered severe turbulence en-route. The aircraft diverted to Bangkok and landed at 1545hrs local time on 21 May 2024.
Singapore Airlines flight #SQ321, operating from London (Heathrow) to Singapore on 20 May 2024, encountered severe turbulence en-route. The aircraft diverted to Bangkok and landed at 1545hrs local time on 21 May 2024.
We can confirm that there are injuries and one fatality on board the Boeing 777-300ER. There were a total of 211 passengers and 18 crew on board.
Singapore Airlines offers its deepest condolences to the family of the deceased.
Our priority is to provide all possible assistance to all passengers and crew on board the aircraft. We are working with the local authorities in Thailand to provide the necessary medical assistance, and sending a team to Bangkok to provide any additional assistance needed.
We will provide regular updates on our Facebook and X accounts.
MrBear12 ( Date: 21-May-2024 18:34) Posted:
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One dead, 30 reportedly injured after SIA flight from London to S&rsquo pore suffers severe turbulence | The Straits Times
moneynoenough ( Date: 21-May-2024 18:32) Posted:
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sq321....
 
 
Dividend yield : 
SIA : 0.48 / 6.74 = 7.12%
DBS : 2.16 / 35.6= 6.07%
 
SIA : 0.48 / 6.74 = 7.12%
DBS : 2.16 / 35.6= 6.07%
 
wooncs8870 ( Date: 16-May-2024 15:31) Posted:
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Retail Shortist kena trap today.
waitlonglong2011 ( Date: 21-May-2024 14:57) Posted:
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You want dividend, must wait. Else come back July.
waitlonglong2011 ( Date: 21-May-2024 15:09) Posted:
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SIA' s P/E ratio as of May 2024 (TTM): 10.81
if its stock trades at $6.75 per share and earns $0.633 per share annually. 
It would take 10.67 years for the shareholder to make enough money to reimburse the share price assuming the stock price and earnings remained unchanged. 
A P/E ratio of between 10 and 17 is traditionally considered to be a fair trade.
If PE = 17, theoretically SIA share price should be $10.761
After Full redemption of the remaining 25% of MCBs (issued in June 2021) on 24 June 2024
Earnings Per Share:
- Proforma After Redemption :    73.6  cents
If PE = 17, theoretically SIA share price should be $12.512
 
if its stock trades at $6.75 per share and earns $0.633 per share annually. 
It would take 10.67 years for the shareholder to make enough money to reimburse the share price assuming the stock price and earnings remained unchanged. 
A P/E ratio of between 10 and 17 is traditionally considered to be a fair trade.
If PE = 17, theoretically SIA share price should be $10.761
After Full redemption of the remaining 25% of MCBs (issued in June 2021) on 24 June 2024
Earnings Per Share:
- Proforma After Redemption :    73.6  cents
If PE = 17, theoretically SIA share price should be $12.512
 
Sin_Cos_Tan ( Date: 20-May-2024 14:18) Posted:
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I want to throw white tower already

MrBear12 ( Date: 21-May-2024 15:02) Posted:
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Can just end here and let tan earn a few cents.
waitlonglong2011 ( Date: 21-May-2024 14:57) Posted:
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the volume was pretty thin and only retails are in play?
Good move. Indonesian customers are big potential revenue increase.
Singapore Airlines and Garuda Indonesia to partner on frequent flyer miles
Both also in a revenue-sharing agreement, which will support joint capacity growth, when implemented
 
SINGAPORE Airlines (SIA) and Indonesia flag carrier Garuda Indonesia have signed an agreement on Monday (May 20) to explore revenue sharing arrangements for flights between Indonesia and Singapore, and to partner on their frequent flyer programmes.
 
The companies said in a joint media release that the frequent flyer partnership &ndash when launched &ndash will allow GarudaMiles and KrisFlyer members to earn and redeem miles on codeshare flights operated by both airlines. 
 
The two airlines have also entered into a revenue-sharing agreement, which will support joint capacity growth, when implemented. The airlines said this marks a &ldquo significant step&rdquo towards plans for a proposed commercial joint venture arrangement that covers Garuda Indonesia and Singapore Airlines flights between Singapore and Indonesia. 
 
SIA and Garuda Indonesia announced last year they planned to enter into a joint venture arrangement that would increase passenger capacity between Singapore and Indonesia. Subject to regulatory approvals, the proposed joint venture would cover routes between Singapore and Denpasar, Jakarta, and Surabaya, the airlines previously said.
 
Goh Choon Phong, chief executive officer of SIA said on Monday that the partnership with Garuda Indonesia will improve the connectivity between Indonesia and Singapore.
 
&ldquo This will help to meet the increasing demand for air travel between the two countries and beyond, as well as facilitate the growth of tourism and economic activities,&rdquo he said.
 
&ldquo Furthermore, by deepening the synergies between our frequent flyer programmes, we can enhance the benefits for our loyal customers, offering them more opportunities to earn and redeem miles when travelling with both airlines.&rdquo
Singapore Airlines and Garuda Indonesia to partner on frequent flyer miles
Goh Choon Phong, chief executive officer of SIA said on Monday that the partnership with Garuda Indonesia will improve the connectivity between Indonesia and Singapore and would  increase passenger capacity.
" This will help to meet the increasing demand for air travel between the two countries and beyond, as well as facilitate the growth of tourism and economic activities," he said. https://www.businesstimes.com.sg/companies-markets/singapore-airlines-and-garuda-indonesia-partner-frequent-flyer-miles
 
Up or down?
wooncs8870 ( Date: 20-May-2024 16:20) Posted:
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Chances of short covering might not materialise by the closing
wooncs8870 ( Date: 20-May-2024 15:58) Posted:
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With short covering, will the share price go back above 6.80?
Barcalo ( Date: 20-May-2024 15:20) Posted:
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Looks like it gonna be shorts covering again at the end of the day. 😁
Barcalo ( Date: 20-May-2024 12:51) Posted:
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Now the Covid update make us worried
DYODD
DYODD
MrBear12 ( Date: 20-May-2024 13:06) Posted:
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