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Old 24-10-2017, 07:53 AM   #361
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SIA buying US$ 13.8 Billion worth of airplanes from Boeing...

http://www.channelnewsasia.com/news/...rlines-9337766

Will SIA stock price go up or down?
Boeing stock price went up on that news. Keke.
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Old 24-10-2017, 09:06 AM   #362
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Please merge this to the existing SIA thread.

Refer sticky Index for all existing stocks threads:
http://forums.hardwarezone.com.sg/st...s-5225842.html
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Old 24-10-2017, 09:36 AM   #363
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Today sia shares never soar lev
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Old 24-10-2017, 09:58 AM   #364
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Today sia shares never soar lev
mod said boeing share price up up, not SQ leh

SQ spending 13.8b to buy, revenue from this will come later, hopefully
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Old 24-10-2017, 10:17 AM   #365
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mod said boeing share price up up, not SQ leh

SQ spending 13.8b to buy, revenue from this will come later, hopefully
I own BA stocks so good news.
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Old 07-11-2017, 06:53 PM   #366
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http://www.businesstimes.com.sg/comp...rating-results
Tue, Nov 07, 2017 - 6:46 PM
SIA Q2 bottom line soars on stronger operating results

SINGAPORE Airlines' (SIA) Q2 net profit nearly tripled to S$189.9 million, up from S$64.9 million a year ago, bolstered by higher revenue.
Revenue rose 5.3 per cent year on year to S$3.85 billion while earnings per share clocked 16.1 Singapore cents, rising from 5.5 cents a year ago.
For the quarter under review, operating profit more than doubled from S$109.1 million to S$232.6 million thanks to a rebound in revenue, which outstripped the increase in expenditure.
For the six months ended Sept 30, net profit surged about 32 per cent year on year to S$425 million on the back of higher operating profit and lower share of losses from associated companies. Revenue edged up 5.5 per cent to S$7.71 billion with improvements across all business segments.
"Headwinds remain as competitors mount significant capacity in key markets," SIA warned. "Yields continue to be under pressure, despite some stabilisation in recent months."
For the parent airline, yield dipped 2 per cent to 10 cents per passenger-km in Q2 FY17/18.
The airline group has declared an interim dividend of 10 cents per share, up from nine cents a share a year ago. The dividend will be paid on Dec 5.
Shares in SIA closed at S$10.32 on Tuesday, down seven cents.
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Old 07-11-2017, 09:25 PM   #367
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while not too long ago sia staff were made to go unpaid leave
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Old 08-11-2017, 07:01 AM   #368
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http://www.businesstimes.com.sg/comp...mpy-ride-ahead
Wed, Nov 08, 2017 - 5:50 AM
Nice touchdown for SIA Q2, but carrier warns of bumpy ride ahead

SINGAPORE Airlines (SIA) turned in a better second quarter despite a tough environment, buoyed by robust operating results.
The bottom line nearly tripled to S$189.9 million, up from S$64.9 million a year ago, as both passenger and cargo traffic increased.
However, the airline group, which is fighting off competition from both full-service carriers and budget airlines, warned that yields continue to remain under pressure, despite some stabilisation in recent months.
It said: "Headwinds remain as competitors mount significant capacity in key markets."
For the quarter, the parent airline's yield declined 2 per cent year on year to 10 cents per passenger-km.
Revenue rose 5.3 per cent year on year to S$3.85 billion; earnings per share clocked in at 16.1 Singapore cents, rising from 5.5 cents a year ago.
For the quarter under review, operating profit more than doubled from S$109.1 million to S$232.6 million; this was underpinned by revenue growth, which outstripped the increase in expenditure.
Expenditure climbed two per cent to S$3.62 billion, partly due to higher staff costs and handling charges, offset by a 1.7 per cent dip in fuel costs.
Across the group, the results were mixed: the parent airline and SIA Cargo posted stronger profits, while Scoot and SilkAir's profits fell as they continued to invest in spreading their wings.
The decline in yield at the parent airline was offset by higher passenger revenue from a 2.3 per cent increase in passenger traffic; this enabled the parent airline to post an operating profit of S$170 million, up from S$79 million previously. Passenger loads were higher by 1.4 percentage points at 81.8 per cent.
SIA Cargo, in particular, swung into the black with an operating profit of S$26 million, vis-a-vis an operating loss of S$11 million the year before. The cargo unit's revenue expanded S$65 million, lifted by a 5.4 per cent growth in freight carriage and a 9.1 per cent improvement in cargo yield as trade conditions improved.
Meanwhile, SIA Engineering's operating profit shrank from S$25 million to S$20 million.
The airline's results outperformed UOB Kay Hian's projection, which had estimated a Q2 net profit of S$142 million owing to higher load factor.
For the six months ended Sept 30, the group's net profit surged about 32 per cent year on year to S$425 million on the back of higher operating profit and lower share of losses from associated companies. Revenue edged up 5.5 per cent to S$7.71 billion, with improvements across all business segments.
The airline group has declared an interim dividend of 10 cents per share, up from nine cents a share a year ago, to be paid on Dec 5.
SIA, which unveiled its newest cabin products for the A380 last week, will be returning the second of its five leased A380s back to the lessor, leaving it with 17 A380s in its fleet. It has ordered five brand new A380s, the first of which will arrive mid-December and will be deployed on the Singapore-Sydney route from Dec 18.
The airline group said fuel prices will remain volatile as the outlook for oil demand brightens against the backdrop of ongoing supply constraints.
For the second half of the financial year, the group has hedged 29.5 per cent of its fuel needs in MOPS and 11.7 per cent in Brent at US$65 and US$53 per barrel respectively. It has in place longer-dated Brent hedges with maturities extending to FY22-23; these account for up to 47 per cent of the group's projected annual fuel consumption at US$53-59 per barrel.
Amid pressure from carriers such as the Gulf trio and the Chinese airlines, SIA embarked on a three-year transformation programme this year, which it says is on track.
"The group is identifying new opportunities for revenue generation, re-structuring of its cost base and enhancement of organisational effectiveness under the programme," it said.
Elsewhere in the region, Hong Kong flag carrier Cathay Pacific is on a cost-cutting drive, entailing the slashing of at least 600 jobs, as it seeks to turn itself around.
In the coming quarters, competition from budget carrier Norwegian Air and Qantas - which is re-routing its Sydney-London service via Singapore come March 2018 - could hit passenger yields, UOB Kay Hian analyst K. Ajith said in a recent report.

"Cargo earnings, meanwhile, are expected to reverse into the black, following improved loads, and are likely to be sustained into 2018."
Cash and cash equivalents totalled S$3.28 billion as at Sept 30, more or less flat from S$3.27 billion a year ago.
Shares in SIA closed seven cents lower on Tuesday at S$10.32.
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Old 08-11-2017, 08:06 AM   #369
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They have to be flexible .
Do you like them idle around or get retrenched
?

Even the 3 ‘high flyers’ Middle Eastern airlines
are having their toughest time now.

while not too long ago sia staff were made to go unpaid leave
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Old 09-11-2017, 11:36 AM   #370
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$10.88 .
Good result but oil is trending up.
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Old 15-11-2017, 11:22 PM   #371
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SIA no power.....dropping liao................sian
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Old 08-01-2018, 01:02 PM   #372
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Jan 2018.... SIA can perform or not?
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Old 11-01-2018, 07:14 AM   #373
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Suddenly go up to 10.99 yesterday. Is there any good news?
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Old 05-02-2018, 05:02 PM   #374
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http://www.businesstimes.com.sg/comp...tal-wallet-app
SIA's Krisflyer to launch digital wallet app
Mon, Feb 05, 2018 - 12:11 PM Wong Kai Yi kaiyiw@sph.com.sg

MEMBERS of Singapore Airlines' (SIA) Krisflyer frequent-flyer programme will soon be able to use a new digital wallet app to make purchases at participating retail outlets with accrued digital Krisflyer miles.
The blockchain-based airline loyalty digital wallet, touted by SIA as a "world first", will be launched within the next six months with Singapore merchants after a successful trial with KPMG Digital Village and Microsoft.
SIA owns the private blockchain, which it says involves only merchants and partners.
Singapore Airlines CEO Goh Choon Phong said that the blockchain-based development is part of the company's Digital Innovation Blueprint, aimed at making SIA a leading airline in digital technology.
"Innovation has been a key contributor to the success of Singapore Airlines since day one and we are very excited about this world-first initiative, which will bring even more benefits to members of our KrisFlyer programme," Mr Goh said.

price link: http://www.shareinvestor.com/fundame...counter=C6L.SI
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Old 13-02-2018, 07:07 PM   #375
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http://www.businesstimes.com.sg/comp...-of-write-down
SIA Q3 net profit up 61% on higher revenue, absence of write-down
Tue, Feb 13, 2018 - 6:54 PM Nisha Ramchandani nishar@sph.com.sg

SINGAPORE Airlines (SIA) third-quarter net profit surged over 60 per cent on the back of stronger operating profit as well as the absence of a write-down of the Tigerair brand and trademark made last year.
Net profit jumped 61.5 per cent year-on-year to S$286.1 million, while revenue increased about 6 per cent to S$4.08 billion as all of its business segments - passenger, cargo and engineering services - posted higher revenues.
Earnings per share for the quarter under review climbed to 24.2 Singapore cents, up from 15 cents a year ago.
Expenditure edged up 5.4 per cent to S$3.75 billion, partly due to higher fuel costs. However, operating profit still rose from S$292.9 million a year ago to S$329.4 million, in line with the increase in revenue.
SIA said: "Despite a stabilisation in yields in recent months, pressure on yields remains as competitors mount significant capacity in key markets with aggressive pricing. These challenging market conditions have been exacerbated by recent fuel price movements."
It added: "Fuel prices have been trending higher and volatility is expected to persist in the months ahead."
For the fourth quarter of FY17/18, the group has hedged 40.7 per cent of its fuel requirements at a weighted average jet fuel price of US$65 per barrel. Longer-dated Brent hedges - at prices ranging between US$53 and US$59 per barrel, with maturities extending to FY 2022/23 - cover up to 47 per cent of the group's projected annual fuel consumption.
SIA shares closed at S$10.62 on Tuesday, down S$0.01.

price link: http://www.shareinvestor.com/fundame...counter=C6L.SI
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