Can buy SIA stocks now? they must have bought a lot of oil futures to hedge right??

[alchemist_acid]

what if they have already sold the future contracts at a loss in order to raise cash?

 

[theMKR]

its moi idea hor, dun front run moi.

moi currently unemployed, let me find job first, collect pay, buy SIA 1st, then u all buy

 

[Eternal-fire]

When it concerns money, moi no troll.



Source [Real News] : https://www.channelnewsasia.com/business/singapore-airlines-expect-q4-loss-fuel-hedges-936701

So basically, if oil continues to stay up, or go to potential $300 per barrel, SIA is going to huat BIG liao.....

What do you think?

Disclaimer: moi have no SIA shares, and have never bought an air tix before....

That’s true because you dun need to pay for the tickets. Lol.

 

[transac]

They hedge to use not to sell. It may reduce its operating cost but if I am not wrong only 20% are hedge. The rising cost of the remaining 80% is likely to offset any gains.

 

[theMKR]

They hedge to use not to sell. It may reduce its operating cost but if I am not wrong only 20% are hedge. The rising cost of the remaining 80% is likely to offset any gains.

now demand lower, might as well sell....

 

[o0KelviN0o]

They’re gonna sell it to other airlines and buy more. Buy low sell high!

 

[PortaPumper]

Best time to buy is when others are selling. Or... when EDMW tells you WLWLSMDWL Russia nuke SG and etc

Alamak, too general liao lah ... moi stupiak ... just give me a price $$ number to follow

 

[Geminiboy]

When it concerns money, moi no troll.



Source [Real News] : https://www.channelnewsasia.com/business/singapore-airlines-expect-q4-loss-fuel-hedges-936701

So basically, if oil continues to stay up, or go to potential $300 per barrel, SIA is going to huat BIG liao.....

What do you think?

Disclaimer: moi have no SIA shares, and have never bought an air tix before....

you really think so? they kena burnt so badly by their pre-covid oil hedges when air travel came to a halt in 2020. at the moment, they have to conserve cash until full recovery. even if they do hedge, do you think they will dare hedge a lot given the uncertainty still how much air travel will recover.

 

[theMKR]

you really think so? they kena burnt so badly by their pre-covid oil hedges when air travel came to a halt in 2020. at the moment, they have to conserve cash until full recovery. even if they do hedge, do you think they will dare hedge a lot given the uncertainty still how much air travel will recover.

assuming they didnt change their positions.

they hedge at 58, when it was 30, a difference of -28 they loss 2.5b

now its 130.... a difference of +72..... guess how much they gain?

 

[fade_white]

Sia price still red today leh.

 

[theMKR]

That’s true because you dun need to pay for the tickets. Lol.

that is correct.

moi last sia flight was 12hrs in biz class

 

[theMKR]

Sia price still red today leh.

havnt yet la.... need the oil to be high for prolonged period.....

 

[middleclass]

that is correct.

moi last sia flight was 12hrs in biz class

IT's good to eat soft rice. I also want. Envy much.

 

[theMKR]

IT's good to eat soft rice. I also want. Envy much.

its better to be in middleclass

 

[whatmeworry]

When was the news? They might have unwind those positions.

Then get caught again. Sh1t happens.

Haha
SIA is famous for its reverse Hedging skills.

 

[mycashewhouse]

Here is ts chance to live in landed liao.

 

[middleclass]

its better to be in middleclass

Everyday is a struggle. FML.

 

[Geminiboy]

assuming they didnt change their positions.

they hedge at 58, when it was 30, a difference of -28 they loss 2.5b

now its 130.... a difference of +72..... guess how much they gain?

yes if they have taken all their contract deliveries and stored all the fuel somewhere until now. but they could also have sold quite a lot to raise cash, because there are storage fees to pay. need to look into their financial statements to have a clue.

 

[theMKR]

yes if they have taken all their contract deliveries and stored all the fuel somewhere until now. but they could also have sold quite a lot to raise cash, because there are storage fees to pay. need to look into their financial statements to have a clue.

i would expect them to sell and not play contango has they are eventually not a oil trading coy.

but my projection is based on 58usd a barrel futures until march 2025.....

 

[Arshavin2015]

When it concerns money, moi no troll.



Source [Real News] : https://www.channelnewsasia.com/business/singapore-airlines-expect-q4-loss-fuel-hedges-936701

So basically, if oil continues to stay up, or go to potential $300 per barrel, SIA is going to huat BIG liao.....

What do you think?

Disclaimer: moi have no SIA shares, and have never bought an air tix before....

What if they go short the fuel price?