Singapore Airlines *Official* (SGX:C6L)

SBC

Arch-Supremacy Member
Joined
Mar 19, 2001
Messages
16,209
Reaction score
170
Ticket bookings is good over the weekend ?
 

Darth_Yang

Member
Joined
May 6, 2005
Messages
398
Reaction score
59
Got a little doubts on MCB. Googled and just want to confirm.
So if SIA not redeems the mcb by 10th year, all the units will be converted to shares right?
So if u have 1000units, it will be 1000 x current stocker exchange value?
I think it's redeem at 4+... Mean if you have MCB worth about 4000+ at the end.. u'll get about 1k unit of sia shares.. that's my understanding
 

hmsweethm

Arch-Supremacy Member
Joined
Jul 4, 2001
Messages
10,730
Reaction score
1,765
I think it's redeem at 4+... Mean if you have MCB worth about 4000+ at the end.. u'll get about 1k unit of sia shares.. that's my understanding
The mcb per share is offered at $1 rite?
So if have 1000units in sgx account, by 10year it will be market value X 1000units?
 

lzydata

Master Member
Joined
Oct 16, 2010
Messages
3,820
Reaction score
140
there's no cash , but there's an accretion value
That is the nice way of putting it. SIA is borrowing bondholders' money up to 2030 if it needs to, at which point it mandatorily converts the MCB to shares at a price of $4.84.

Of course we do not know what will be the price of SIA stock in 2030. If it is a lot more than $4.84 even after all the new shares are issued, MCB holders can sell happily and make a profit. If it is not, eat the loss after waiting 9 or 10 years.
 

Cobra!

Arch-Supremacy Member
Joined
Jul 16, 2020
Messages
12,302
Reaction score
2,773
That is the nice way of putting it. SIA is borrowing bondholders' money up to 2030 if it needs to, at which point it mandatorily converts the MCB to shares at a price of $4.84.

Of course we do not know what will be the price of SIA stock in 2030. If it is a lot more than $4.84 even after all the new shares are issued, MCB holders can sell happily and make a profit. If it is not, eat the loss after waiting 9 or 10 years.
Naturally. That should be obvious to anyone
 

PDA_lover

Senior Member
Joined
Nov 15, 2005
Messages
942
Reaction score
2
The share price is going down but traffic is increasing? what does the market know that is pushing the price down?
 

SeekingPrivateReturns

Junior Member
Joined
Apr 22, 2016
Messages
98
Reaction score
8
Remember oil price used to affect SIA share price? Looks like it is coming back to haunt SIA.
If oil price can influence the share price pre-covid, its impact should be greater now especially when SIA is flying at sub-optimal capacity?
 
Last edited:

bwaysaikryptonite

Supremacy Member
Joined
May 20, 2008
Messages
9,029
Reaction score
693
Free riding jin song ! flying but no nid to pay back bail out ? gonna ride awhile more and let go once it’s near $6 hahah better take profit and let others baghold b4 they cant free ride anymore
 

boringLife-

Supremacy Member
Joined
Aug 17, 2010
Messages
8,418
Reaction score
4
Possible insider trading on monday? Share price went up 3.6% on market open then end of day SIN-KL VTL announced
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Terms of Service for more information.
Top