I have bought this at crises price, a good counter to long, they got stake in several good counter.
did u not read Goh write an article abt this in the paper.
the return is multifold over the yr fr 2009.for me. i m looking to sell by Q1
SIA rejected at $11.00. Expect to continue trade in the range.
http://mystocksinvesting.com/singapore-stocks/singapore-airlines-sia/singapore-airlines-sia-trading-within-a-range/
*correcting typo in previous post* 49% sale of virgin airways in progress. Expecting gain to be booked as a result of disposal since majority goodwill already written off during purchase. Good chance of special dividends!
49% sale of virgin airways in progress. Expecting gai as a result of disposal since majority goodwill already during purchase. Good chance of special dividends!
Great way to fly:)
oldflyingfox ( Date: 02-Nov-2012 21:21) Posted:
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In my opinion, for short term play, it is for trading only. But for those that play a longer term like 1 to 2 years, can just keep for it's brand name. You won't be able to get  this price  just like what has happened to osim during the bad time when it brought the bookstore in USA.
For me, I have got out at above $10.6  and switched to Tiger Air for recovery play. May consider to switch back  when the timing is right.
So it actually depends on your own plan and how you going to play.
Only 6 cents dividend??
Lesser n lesser it gets.
Good luck to those who are still holding.
Lol.
Lesser n lesser it gets.
Good luck to those who are still holding.
Lol.
SIA has lost money in one quarter, and Quantas is in the red and joined forces with Emirate . Somthing to think about
oldflyingfox ( Date: 07-Sep-2012 14:12) Posted:
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I think it is building the base at around 10.5+, it may be  a good entry point if you get below that. For the pass 1 year, it never  went below $10 and the oil price has already came down from the high. The worst may be over.
Of course if one could get it at 9.5 will be give a good profit but the chances are quite low.
SIA girl has lost its glamour as other airlines such as Emirate has caught up and is providing better premium services
tonylim ( Date: 06-Sep-2012 16:36) Posted:
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TP is 9.50  So buy only below 10
mmmmmm ( Date: 05-Sep-2012 12:56) Posted:
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Hi, Can anyone advise me if it is a good time to buy SIA today at about $10.50 - $10.55 ?
 
Hoping for special dividend payout!!!
Tomorrow Q1 result out...
dump airlines lol