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SIA
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SIA
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StevenKan
Master |
28-May-2020 11:38
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1) Will the share price drop to $3 tomorrow when opening price? 2) If I subscribe the Right Shares, I still can sell anytime right? Any restriction must hold for certain period of time? 3)  What about the  Mandatory Convertible Bonds?
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Huat1368
Veteran |
28-May-2020 11:30
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Issue Price at $3: This means that you need to pay $3 per rights share in order to convert the rights into shares. The exercise deadline is on 28 May 2020, 5pm. If you hold the shares in a custodian account, your broker may set a deadline earlier than 28 May. So take note of the timing. You have to pay for the rights via ATM if you hold the rights in CDP and transfer the money to your brokerage account if the rights are held under custody.
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investshare
Supreme |
28-May-2020 11:26
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You should subscribe. The reason is very simple.
You come out $3.00, and can sell it immediately above $3.00.
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TheDuellist
Senior |
28-May-2020 11:25
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I am not an expert, but if I were you, I would. Even if you sell all your holdings now, albeit at a loss, if you convert back exactly the same quantity, you would have saved about 80 cents per share. Think about it.... Tonite door closed at 9.30pm (for ATM transactions)
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StevenKan
Master |
28-May-2020 10:56
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Hi guys.... I know many people have given your comments on the " Right Shares" & " Mandatory Convertible Bonds" for SIA. But I am a bit loss.... I have minimum holding since donkey years ago where the share price $10+. I am not sure if I should subscribe to this " Right Shares" which deadline by today. Can somebody give some your precious comments here? | ||||
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danger
Supreme |
28-May-2020 10:48
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i was lucky .. i just handed the hot potatoes to the BB at 3.83 | ||||
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AhLiang
Elite |
28-May-2020 10:42
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Can. BBs now pump, then hold, then hand over the hot potatoes. The whole process will be completed by 8 Jun.
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NayNay
Member |
28-May-2020 10:36
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Control Tower: SQ652 clear for take off | ||||
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JY0064
Senior |
28-May-2020 10:17
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If SGX can do $10 before $8.20, why couldn' t SIA do $4 before 2.80?   |
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danger
Supreme |
28-May-2020 10:14
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while many doomsayers anad shortists still talking DOWN at $3.62 yesterday ... the bull entered |
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danger
Supreme |
28-May-2020 10:10
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GO ask and hear from the horse ' s mouth
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Wasim_Trade
Senior |
28-May-2020 10:08
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Bro, do u think the price will go up today & tomorrow? I want to enter this counter for longterm
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tangoanna
Master |
28-May-2020 10:05
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Need more retailers to subscribe so temasek fork out less.
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westpoison
Veteran |
28-May-2020 10:00
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you should not. Shortie will be killed.
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danger
Supreme |
28-May-2020 09:58
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I run and surrendered to the shortists at $3.83 | ||||
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SmallSmall
Supreme |
28-May-2020 09:50
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$3.90 today at least followed by $4.00 tomorrow :)
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tofudidi
Supreme |
28-May-2020 09:37
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back to $4+ soon | ||||
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danger
Supreme |
28-May-2020 09:06
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TAKE PROFIT RUNNNNN | ||||
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Longtermer
Elite |
28-May-2020 09:04
Yells: "A disciplined investor is a wealthy investor" |
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Many shorted SIA due to the rights issue.. as reported recently. Once rights are exercised, the shorts will unwind as reversal has started since this week.. can see SIA going back 4xx v soon.. Dyodd and huat.  
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earthdragon
Senior |
28-May-2020 09:04
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Everyone know that airlines industry is bad, is down, is doom.  However, how much the doomsayers expect the SIA down , it is already down so much from the estimated diluted price, still keep painting the negative view , sigh ~  
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