Singapore Airlines *Official* (SGX:C6L)

reddevil0728

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At least I warn the guy, better than he rely upon yahoo finance information for the share price and make decisions based on fake or erroneous historical share prices.

Anyway, think yahoo means no malice, maybe just the personnel overworked or sleeping on the job.

Own self study corporate actions history, can spot their mistake and make the correct adjustments, so that the data is usable again.

Or you think too much
 

edwinttt1978

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Mirror, mirror on the wall
Who is the bearish of them all?

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Technicals of Singapore Airlines: 1 January 2021
kCcv9vR.png

http://donovan-ang.blogspot.com/2021/01/technicals-of-singapore-airlines-1.html
 

Paul Lee

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$1.90??? Sure bo this Donovan???

The thing you need to understand with TA is that if you show the same chart to 10 chartists, you can end with 10 different interpretations.

If I want to (and no I do not want to), I probably can draw the lines differently and end up with a different TP.

So while it's fine (and somewhat interesting) to see how others may interpret the chart, I would not recommend basing your investment strategy on it.

I mean, if he was so confident of his projection, would he not be shorting SIA like crazy? ;)
 

发哨子2020

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Plot some charts like that can huat ?
Everyone would be not working.

He better prays hard SIA stock wouldn’t be $1.90.
It may mean SIA / Changi / SATS / SAESL etc etc will be in big trouble.
Singapore economy is at stake .

This guy quite zhun ler. Not sure about this time. Has been monitor him for a while.
 
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Shion

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SIA Group carries highest number of passengers since COVID-19 restrictions

SIA Group carries highest number of passengers since COVID-19 restrictions

https://www.channelnewsasia.com/new...ating-results-december-2020-covid-19-13935178

SINGAPORE: Singapore Airlines (SIA) Group said on Monday (Jan 11) that demand for air travel continued to gradually return last month, as it carried the highest number of passengers since COVID-19 border restrictions were implemented.

Overall passenger carriage, measured in revenue passenger-kilometres, was 97.1 per cent lower year-on-year in December, said the group on Monday.

However, the group ferried about 85,200 passengers in December, the highest number since travel restrictions were put in place in March to curb the COVID-19 outbreak.

The aviation industry has been among the hardest hit by the COVID-19 pandemic, with airlines forced to ground planes and lay off staff. At its lowest last year, SIA Group carried only 9,600 passengers in May.

Before COVID-19, SIA Group had clocked about 3.54 million passengers in December 2019.

The Ministry of Health on May 19 said Singapore would gradually reopen its borders with safeguards in place to allow Singaporeans to conduct essential activities abroad and for foreigners to enter and transit through the country.

It has set up reciprocal green lanes with some countries to facilitate short-term essential business and official travel, and launched an air travel pass to allow short-term visitors from some countries to enter Singapore.

"Demand for air travel continued to gradually return, although passenger numbers remained severely constrained by border controls and the travel restrictions that are still in place in most countries," said SIA on Monday.

Compared with December 2019, the group's passenger capacity last month was down by 81.3 per cent year-on-year. Compared with November, however, the Group’s passenger airlines added about 46 per cent more capacity, "in line with Singapore's progressive reopening", said SIA.

The group reported a passenger load factor of 13.7 per cent in December, down 73.9 percentage points from the previous year.

By airline, SIA's passenger carriage was down 96.5 per cent year-on-year, while SilkAir and Scoot declined 98.2 per cent and 98.8 per cent respectively.

FIRST COVID-19 VACCINE SHIPMENT


SIA on Monday also said that it "marked an important milestone" in December as SIA Cargo flew in the first shipment of COVID-19 vaccines to Singapore.

"As we enter 2021, transporting and distributing vaccines globally will be one of the biggest and most complex public-private logistical tasks in recent history," it said.

SIA cargo traffic in December was down 25.5 per cent year-on-year on the back of a capacity contraction of 50.4 per cent.

It recorded a cargo load factor of 88.7 per cent, an increase of 29.6 percentage points from the previous year. December was the seventh consecutive month that its cargo load factor was more than 80 per cent.

All route regions continued to record year-on-year increases in cargo load factor, the group said.

"MEASURED EXPANSION" EXPECTED

Looking ahead, the group said it expects air travel to gradually recover along with COVID-19 vaccinations across the world and the easing of border restrictions.

The group expects its total passenger capacity to be about 25 per cent of pre-COVID-19 levels by the end of March.

It also expects to fly to around 45 per cent of the destinations that it served before the crisis.

"This would help to meet the strong demand for cargo services, and put us in a position to benefit from the recovery in passenger travel," said the group.

In December, SIA added services to Colombo, Nagoya and San Francisco, bringing the number of destinations it served to 39.

SilkAir continued to operate flights to Cebu, Chongqing, Kathmandu, Kuala Lumpur, Medan and Phnom Penh. It also added Male and removed Penang from the list of destinations served by the airline.

Scoot served 18 destinations in December, with the addition of services to Bangkok, Ho Chi Minh City, Wuhan and Zhengzhow. Flights to Kuala Lumpur were temporarily suspended, while operations to West Asia and Europe remained suspended.
 

5408854088

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HONG KONG (REUTERS) - Singapore Airlines launched its first US dollar bond on Wednesday (Jan 13) to help fund the purchase of new aircraft, according to a term sheet seen by Reuters.

The size of the deal has yet to be officially set but is expected to be a ‘benchmark’ transaction which means it should raise at least US$300 million (S$396.8 million), according to a source with direct knowledge of the matter.

https://www.straitstimes.com/busine...gapore-airlines-launches-us-dollar-debt-debut
 

cherry6

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Hang on. Dividends will resume soon.

#MakeSIAGreatAgain

If SIA pays ANY dividend, they also have to accrue dividends to the MCB holders should they decide to pay up for MCB in SIA share scrips.

E. G. If SIA declare 10¢ dividend each year then when exchange MCB to shares in June 2030, the exchange price will be lower than $3.84/share because need to deduct 10¢ for each year that SIA normal share dividend was given. Maybe even lower than $3.84 conversion price if the compound interest from prior dividend was included.

This conversion will dilute SIA shares even more. Since 4.84/3.84 = in excess of 26% more SIA shares from MCB conversion.

Maybe SIA is borrowing to redeem the MCB but dunno if they can raise in excess of $3.5B to redeem all at the contemporary rate.

Thus, until and unless SIA redeems all the MCB, SIA stock is unlikely to pay any dividend at all.
 
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