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mrwise Supreme	31-Jul-2020 21:03        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	better dont use tax payer money to bail it out again... JerryMaple      ( Date: 31-Jul-2020 19:52) Posted: Hmmm...Ok refuse to paycut...Good luck to the investors... Starship      ( Date: 31-Jul-2020 18:48) Posted: Is this becoming a Circus Airline filled with Clowns?  Air Line Pilots Association disagrees with SIA' s cost-cutting measures THU, JUL 30, 2020 - 9:29 PM UPDATED FRI, JUL 31, 2020 - 1:02 AM THE Air Line Pilots Association, Singapore (Alpa-S) disagrees with the new measures implemented by Singapore Arlines (SIA) on pilots to slash costs, and will be taking the matter up to the Ministry of Manpower (MOM) in the coming days, the union said in a newsletter to members on Thursday evening. But the  Singapore Airlines Staff Union (SIASU) and the  Air-Transport Executive Staff Union (AESU) are understood to be on board with the company.  SIA will offer a Covid-19 special early-retirement scheme for all ground staff and pilots next week, as announced in a memo to staff seen by  The Business Times. Employees aged 50 and above, with at least 15 years of service and up to the level of divisional vice-presidents, are eligible for it. Alpa-S wrote in the newsletter that it had not been consulted on the special early-retirement scheme before the meeting with the company on Thursday morning. Its representatives had also given their feedback on the " ineffectiveness of the special early-retirement scheme, with the disappointing quantum offered as a result of the payout cap" . But SIA still went ahead with the offer, with the addition of prorated annual wage supplement and owed profit-sharing bonus (0.5 months to be paid in Jan 2021) to the original scheme, wrote Alpa-S. https://www.businesstimes.com.sg/companies-markets/air-line-pilots-association-disagrees-with-sias-cost-cutting-measures
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Acl2013 Veteran	31-Jul-2020 20:12        Acl2013 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Citibank on 05/09/2011 That was a 1 for 10 reverse split. 09/03/2009 Citibank trading at U$0.97  You mention 2 become 50 is wrong info, U$50.87 it is after reverse split price, if with out reverse split, now is U$5.087 only. SQueeze      ( Date: 31-Jul-2020 16:10) Posted: Wow. Citibank was $2 ...  Now it' s $50.  For SIA, i feel it is critical national infrastructure and is critical to the entire Singapore' s economic system. It will not be let to fail. If it fails, Singapore fails as a country. We depend so much on the world and connectivity to the world is critical. It has higher survival chance also because other airlines will fail first such as MAS, TG, even Air Asia. Competition will be lesser. Only the strongest  and fittest will survive.  SIA' s chance to survive is there, but I think they have not taken enough hard actions rationally - the reality is for the aviation industry, this crisis is going to be minimum 2 years, and now they even make it known no return to normalcy until 2024. No way that you can carry all the staff until then. Some lay-offs should be inevitable. Other airlines are doing it. Other industries are doing it. Why not SIA.  Personally, i think the price is getting attractive but I am staying away from it, because even if this is the bottom, it is going to just range within the band for a year or two at least. Money can work harder in other counters. Earlier a few weeks back, I thought may be the U-shape bottom is coming, but after they said they could only recover 50% by next March, then the situation is really jialat and if they don' t remove their baggage, then I think it' s really not right. They have to face it, and the share price will show it, it will not be a U-shape, it will be a flat-bottomed drain channel. $3 may be the bottom but it will just range for a very very long time. if buy now, can, but don' t look at it again until 2026.  In 4 years, human behaviour will change also, this situation is transformative just like when smart phones entered the marked. Cannot assume what it was before would be the same. For example a portion of business travel will not be backbut leisure travel will. They have to redo their cabins from the front heavy to the middle heavy. They really need to start afresh from the drawing board. Or else it will continually be a sinking ship if trying to live its former life. Better take some serious self-introspection, and transform before it' s too late.  KiasiGuy      ( Date: 31-Jul-2020 14:11) Posted: You don?t worry. SIA is safe. SIA stands for Singapore aviation hub, business financial center, air transport hub, tourism hub and everything Singapore is. It has the backing of Temasek, MAS, GIC etc In 2008 I bought Citibank for USD$2. Everyone say it is going to end up like Lehman brother. I scared until I sold at $4. Dun listen to these people. Keep a cool head and think. Our minister of transport already said the entire government t priority now is to reinstate our aviation hub Status- straits times 30th July 202
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JerryMaple Veteran	31-Jul-2020 19:52        JerryMaple About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmmm...Ok refuse to paycut...Good luck to the investors... Starship      ( Date: 31-Jul-2020 18:48) Posted: Is this becoming a Circus Airline filled with Clowns?  Air Line Pilots Association disagrees with SIA' s cost-cutting measures THU, JUL 30, 2020 - 9:29 PM UPDATED FRI, JUL 31, 2020 - 1:02 AM THE Air Line Pilots Association, Singapore (Alpa-S) disagrees with the new measures implemented by Singapore Arlines (SIA) on pilots to slash costs, and will be taking the matter up to the Ministry of Manpower (MOM) in the coming days, the union said in a newsletter to members on Thursday evening. But the  Singapore Airlines Staff Union (SIASU) and the  Air-Transport Executive Staff Union (AESU) are understood to be on board with the company.  SIA will offer a Covid-19 special early-retirement scheme for all ground staff and pilots next week, as announced in a memo to staff seen by  The Business Times. Employees aged 50 and above, with at least 15 years of service and up to the level of divisional vice-presidents, are eligible for it. Alpa-S wrote in the newsletter that it had not been consulted on the special early-retirement scheme before the meeting with the company on Thursday morning. Its representatives had also given their feedback on the " ineffectiveness of the special early-retirement scheme, with the disappointing quantum offered as a result of the payout cap" . But SIA still went ahead with the offer, with the addition of prorated annual wage supplement and owed profit-sharing bonus (0.5 months to be paid in Jan 2021) to the original scheme, wrote Alpa-S. https://www.businesstimes.com.sg/companies-markets/air-line-pilots-association-disagrees-with-sias-cost-cutting-measures
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vicloo Elite	31-Jul-2020 19:14        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	No need to beat anyone.... Gov already did a lot for SIA for longer than any other airlines in the world. See what happened to Delta air layoff 17,000 staff. https://www.cnbc.com/2020/07/30/delta-ceo-sends-staff-memo-thanking-17000-employees-for-leaving.html?__source=androidappshare backdoorbandit      ( Date: 31-Jul-2020 19:02) Posted: In this country being an Island we fly, thats the bottom line, no one is gonna take a sampan anywhere except to batam and bintan. Eventually SIA will be back, but right now its not moving anywhere fast. ALPA-S dun forget once upon a time got beaten good and proper by LKY, not sure if the current govt has the balls to beat them down the same way.
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backdoorbandit Member	31-Jul-2020 19:02        backdoorbandit About Contact  Quote this Post!
x 0   x 0  Alert Admin	In this country being an Island we fly, thats the bottom line, no one is gonna take a sampan anywhere except to batam and bintan. Eventually SIA will be back, but right now its not moving anywhere fast. ALPA-S dun forget once upon a time got beaten good and proper by LKY, not sure if the current govt has the balls to beat them down the same way.
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SQueeze Master	31-Jul-2020 18:59        SQueeze About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really selfish and arrogant - can' t be more disappointed.  mrwise      ( Date: 31-Jul-2020 18:55) Posted: --- Post Removed by User ---
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mrwise Supreme	31-Jul-2020 18:58        mrwise About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	it is never a good news....dont console urself...company facing huge losses with no bright light ahead.....The share price should erode further.... trade with caution.... better run or stay away from this counter... better counters around... vicloo      ( Date: 31-Jul-2020 17:25) Posted: Good news Tough times for SIA, but analyst says it may be in better position than its peers https://www.cnbc.com/2020/07/31/singapore-airlines-outlook-is-tough-but-may-be-in-better-position-than-peers.html?__source=androidappshare
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Starship Supreme	31-Jul-2020 18:48        Starship About Contact  Quote this Post!
x 0   x 0  Alert Admin	Is this becoming a Circus Airline filled with Clowns?  Air Line Pilots Association disagrees with SIA' s cost-cutting measures THU, JUL 30, 2020 - 9:29 PM UPDATED FRI, JUL 31, 2020 - 1:02 AM THE Air Line Pilots Association, Singapore (Alpa-S) disagrees with the new measures implemented by Singapore Arlines (SIA) on pilots to slash costs, and will be taking the matter up to the Ministry of Manpower (MOM) in the coming days, the union said in a newsletter to members on Thursday evening. But the  Singapore Airlines Staff Union (SIASU) and the  Air-Transport Executive Staff Union (AESU) are understood to be on board with the company.  SIA will offer a Covid-19 special early-retirement scheme for all ground staff and pilots next week, as announced in a memo to staff seen by  The Business Times. Employees aged 50 and above, with at least 15 years of service and up to the level of divisional vice-presidents, are eligible for it. Alpa-S wrote in the newsletter that it had not been consulted on the special early-retirement scheme before the meeting with the company on Thursday morning. Its representatives had also given their feedback on the " ineffectiveness of the special early-retirement scheme, with the disappointing quantum offered as a result of the payout cap" . But SIA still went ahead with the offer, with the addition of prorated annual wage supplement and owed profit-sharing bonus (0.5 months to be paid in Jan 2021) to the original scheme, wrote Alpa-S. https://www.businesstimes.com.sg/companies-markets/air-line-pilots-association-disagrees-with-sias-cost-cutting-measures
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vicloo Elite	31-Jul-2020 17:25        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good news Tough times for SIA, but analyst says it may be in better position than its peers https://www.cnbc.com/2020/07/31/singapore-airlines-outlook-is-tough-but-may-be-in-better-position-than-peers.html?__source=androidappshare
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ss2017. Supreme	31-Jul-2020 17:18        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	When a company is making losses, we don't talk about its share price. The focus should be on how you would want to protect against further losses as a share holder. The company can take care herself well. Now I find that SIA clumsiness sets in. vicloo      ( Date: 31-Jul-2020 16:21) Posted: Thats only mean... They are thinking next 2 future quarters could lose 1b each quarter... What is consider a fair value of sia shares if going to lose 1-3 more Bs down the road.... 1 or 2 or 3 dollars per shares... KiasiGuy      ( Date: 31-Jul-2020 16:01) Posted: You mean you only know they gonna lose billions after reading straits times few days ago. You think those funds with the top mind managing dunno About this before the financial report is out? Why do you think the rights issue and MCB? Why do you think the share price is where it is now? Shouldn?t it be $8 before the financial report is out? This is all panic selling and people using This panic to short.
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vicloo Elite	31-Jul-2020 16:21        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thats only mean... They are thinking next 2 future quarters could lose 1b each quarter... What is consider a fair value of sia shares if going to lose 1-3 more Bs down the road.... 1 or 2 or 3 dollars per shares... KiasiGuy      ( Date: 31-Jul-2020 16:01) Posted: You mean you only know they gonna lose billions after reading straits times few days ago. You think those funds with the top mind managing dunno About this before the financial report is out? Why do you think the rights issue and MCB? Why do you think the share price is where it is now? Shouldn?t it be $8 before the financial report is out? This is all panic selling and people using This panic to short. vicloo      ( Date: 31-Jul-2020 15:55) Posted: 1 small correction is not millions of dollars is 1.1B loss last quarter, that's "1 thousand & 1 hundred millions" or 1100 millions loss in just 3 mths. https://www.straitstimes.com/business/companies-markets/singapore-airlines-report-record-1123-billion-loss-in-q1-reviewing-shape?utm_source=STSmartphone&utm_medium=share&utm_term=2020-07-31+15%3A52%3A1
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SQueeze Master	31-Jul-2020 16:10        SQueeze About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow. Citibank was $2 ...  Now it' s $50.  For SIA, i feel it is critical national infrastructure and is critical to the entire Singapore' s economic system. It will not be let to fail. If it fails, Singapore fails as a country. We depend so much on the world and connectivity to the world is critical. It has higher survival chance also because other airlines will fail first such as MAS, TG, even Air Asia. Competition will be lesser. Only the strongest  and fittest will survive.  SIA' s chance to survive is there, but I think they have not taken enough hard actions rationally - the reality is for the aviation industry, this crisis is going to be minimum 2 years, and now they even make it known no return to normalcy until 2024. No way that you can carry all the staff until then. Some lay-offs should be inevitable. Other airlines are doing it. Other industries are doing it. Why not SIA.  Personally, i think the price is getting attractive but I am staying away from it, because even if this is the bottom, it is going to just range within the band for a year or two at least. Money can work harder in other counters. Earlier a few weeks back, I thought may be the U-shape bottom is coming, but after they said they could only recover 50% by next March, then the situation is really jialat and if they don' t remove their baggage, then I think it' s really not right. They have to face it, and the share price will show it, it will not be a U-shape, it will be a flat-bottomed drain channel. $3 may be the bottom but it will just range for a very very long time. if buy now, can, but don' t look at it again until 2026.  In 4 years, human behaviour will change also, this situation is transformative just like when smart phones entered the marked. Cannot assume what it was before would be the same. For example a portion of business travel will not be backbut leisure travel will. They have to redo their cabins from the front heavy to the middle heavy. They really need to start afresh from the drawing board. Or else it will continually be a sinking ship if trying to live its former life. Better take some serious self-introspection, and transform before it' s too late.  KiasiGuy      ( Date: 31-Jul-2020 14:11) Posted: You don?t worry. SIA is safe. SIA stands for Singapore aviation hub, business financial center, air transport hub, tourism hub and everything Singapore is. It has the backing of Temasek, MAS, GIC etc In 2008 I bought Citibank for USD$2. Everyone say it is going to end up like Lehman brother. I scared until I sold at $4. Dun listen to these people. Keep a cool head and think. Our minister of transport already said the entire government t priority now is to reinstate our aviation hub Status- straits times 30th July 2020 investor999      ( Date: 31-Jul-2020 11:38) Posted: In case you are wondering, I am still buying and will continue to average down. Well at least I am not making money from people who cut loss and made losses of 30K to 100 K Your losses have gone to you people who the shares down. I don' t like to these blood monie
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josemmm123 Master	31-Jul-2020 16:05        josemmm123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	when time is bad, all bad news + shortist out. Those playing with shares and have gone thru the lehmen brother crisis in 2009 will know. Tat time OSIM went down to 5 cents. Everyone said Retail is gone bla bla bla. All painted a very dark, bleak situation. After economy recovers from crisis 1-2 year later. OSIM shoot up to $1.50 and then continue to rise till > $2 :) Now happens to many counters.. Once Covid over, the share price will rocket many times KiasiGuy      ( Date: 31-Jul-2020 16:01) Posted: You mean you only know they gonna lose billions after reading straits times few days ago. You think those funds with the top mind managing dunno About this before the financial report is out? Why do you think the rights issue and MCB? Why do you think the share price is where it is now? Shouldn?t it be $8 before the financial report is out? This is all panic selling and people using This panic to short. vicloo      ( Date: 31-Jul-2020 15:55) Posted: 1 small correction is not millions of dollars is 1.1B loss last quarter, that's "1 thousand & 1 hundred millions" or 1100 millions loss in just 3 mths. https://www.straitstimes.com/business/companies-markets/singapore-airlines-report-record-1123-billion-loss-in-q1-reviewing-shape?utm_source=STSmartphone&utm_medium=share&utm_term=2020-07-31+15%3A52%3A1
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KiasiGuy Veteran	31-Jul-2020 16:01        KiasiGuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	You mean you only know they gonna lose billions after reading straits times few days ago. You think those funds with the top mind managing dunno About this before the financial report is out? Why do you think the rights issue and MCB? Why do you think the share price is where it is now? Shouldn?t it be $8 before the financial report is out? This is all panic selling and people using This panic to short. vicloo      ( Date: 31-Jul-2020 15:55) Posted: 1 small correction is not millions of dollars is 1.1B loss last quarter, that's "1 thousand & 1 hundred millions" or 1100 millions loss in just 3 mths. https://www.straitstimes.com/business/companies-markets/singapore-airlines-report-record-1123-billion-loss-in-q1-reviewing-shape?utm_source=STSmartphone&utm_medium=share&utm_term=2020-07-31+15%3A52%3A11 investor999      ( Date: 31-Jul-2020 15:33) Posted: Everything is so clear but people choose to be influenced by all these talks. FACTS 1) SIA will survive the pandemic because it is important for Singapore. 2) Majority shareholder is Temasek..It had the option to pick up rights that were not taken up by other shareholders..They did not have to pick up the rights as all were fully subscribed. This option should remain open for Temasek to buy up all SIA shares from $3 and below. You want to buy at $2??? $1.5 ??? 3) There are many interested parties ( shareholders)..Liquidity is huge. It is very easy to move the share price as no borrowing of shares is necessary. When you see 20 millions traded, it was only due to switching of shares from one side to the other. Shareholders can be long and short at the same time. 4) Share financing is ranging from 50% to 80%..Margin financing and CFD very susceptible to huge price changes..Hence there is always margin calls. 5) As the price goes lower and lower more and more people are trapped but this also means the shares are getting very well distributed. 6) Most important of all: Don't underestimate the financial power of ordinary Singaporeans..Millions of dollars not a problem. WHATEVER YOU DO, DON'T GET CAUGHT ON THE WRONG SIDE
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vicloo Elite	31-Jul-2020 15:55        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	1 small correction is not millions of dollars is 1.1B loss last quarter, that's "1 thousand & 1 hundred millions" or 1100 millions loss in just 3 mths. https://www.straitstimes.com/business/companies-markets/singapore-airlines-report-record-1123-billion-loss-in-q1-reviewing-shape?utm_source=STSmartphone&utm_medium=share&utm_term=2020-07-31+15%3A52%3A11 investor999      ( Date: 31-Jul-2020 15:33) Posted: Everything is so clear but people choose to be influenced by all these talks. FACTS 1) SIA will survive the pandemic because it is important for Singapore. 2) Majority shareholder is Temasek..It had the option to pick up rights that were not taken up by other shareholders..They did not have to pick up the rights as all were fully subscribed. This option should remain open for Temasek to buy up all SIA shares from $3 and below. You want to buy at $2??? $1.5 ??? 3) There are many interested parties ( shareholders)..Liquidity is huge. It is very easy to move the share price as no borrowing of shares is necessary. When you see 20 millions traded, it was only due to switching of shares from one side to the other. Shareholders can be long and short at the same time. 4) Share financing is ranging from 50% to 80%..Margin financing and CFD very susceptible to huge price changes..Hence there is always margin calls. 5) As the price goes lower and lower more and more people are trapped but this also means the shares are getting very well distributed. 6) Most important of all: Don't underestimate the financial power of ordinary Singaporeans..Millions of dollars not a problem. WHATEVER YOU DO, DON'T GET CAUGHT ON THE WRONG SIDE uiop1223      ( Date: 31-Jul-2020 14:18) Posted: U guys still dont get it. Govt will not let it collapse but it doesnt mean share price will be supported. Understand? Or still dont understand? No wonder CCS says singaporeans are suckers. Got investor999 & KiasiGuy. 🙋 🏻 🙋 🏻 Go guys, raise your hands
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investor999 Elite	31-Jul-2020 15:33        investor999 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Everything is so clear but people choose to be influenced by all these talks. FACTS 1) SIA will survive the pandemic because it is important for Singapore. 2) Majority shareholder is Temasek..It had the option to pick up rights that were not taken up by other shareholders..They did not have to pick up the rights as all were fully subscribed. This option should remain open for Temasek to buy up all SIA shares from $3 and below. You want to buy at $2??? $1.5 ??? 3) There are many interested parties ( shareholders)..Liquidity is huge. It is very easy to move the share price as no borrowing of shares is necessary. When you see 20 millions traded, it was only due to switching of shares from one side to the other. Shareholders can be long and short at the same time. 4) Share financing is ranging from 50% to 80%..Margin financing and CFD very susceptible to huge price changes..Hence there is always margin calls. 5) As the price goes lower and lower more and more people are trapped but this also means the shares are getting very well distributed. 6) Most important of all: Don't underestimate the financial power of ordinary Singaporeans..Millions of dollars not a problem. WHATEVER YOU DO, DON'T GET CAUGHT ON THE WRONG SIDE uiop1223      ( Date: 31-Jul-2020 14:18) Posted: U guys still dont get it. Govt will not let it collapse but it doesnt mean share price will be supported. Understand? Or still dont understand? No wonder CCS says singaporeans are suckers. Got investor999 & KiasiGuy. 🙋 🏻 🙋 🏻 Go guys, raise your hands
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KiasiGuy Veteran	31-Jul-2020 15:27        KiasiGuy About Contact  Quote this Post!
x 0   x 0  Alert Admin	No . I reassure him doesn?t mean I agree with him and I did not buy SIA. Maybe after the sell down I will. I actually do not understand why he bought SIA share. Got medical share , work from home related share etc to buy but he want to buy SIA zzz just want to reassure him he will definitely get his money back eventually. However , he should have been more greedy and went for others. Even SATS is better since other airlines will still use Changi airport as a hub. uiop1223      ( Date: 31-Jul-2020 14:18) Posted: U guys still dont get it. Govt will not let it collapse but it doesnt mean share price will be supported. Understand? Or still dont understand? No wonder CCS says singaporeans are suckers. Got investor999 & KiasiGuy. 🙋 🏻 🙋 🏻 Go guys, raise your hands
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vicloo Elite	31-Jul-2020 15:13        vicloo About Contact  Quote this Post!
x 0   x 0  Alert Admin	But hard to predict what is lowest point b4 an effective vaccine come onboard and mass air travel resume again... I think likely by nov20-mar21 period... And what will be the bottom price for sia maybe around oct-nov to hit rock bottom. uiop1223      ( Date: 31-Jul-2020 14:18) Posted: U guys still dont get it. Govt will not let it collapse but it doesnt mean share price will be supported. Understand? Or still dont understand? No wonder CCS says singaporeans are suckers. Got investor999 & KiasiGuy. 🙋 🏻 🙋 🏻 Go guys, raise your hands
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josemmm123 Master	31-Jul-2020 15:12        josemmm123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The only hope is Biden wins election and he conducts a concerted effort by all countries to tackle covid and hopefully vaccine can be found. One day when the news of vaccine found, many counters including SIA may just shoot up 100% in a day
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uiop1223 Supreme	31-Jul-2020 14:18        uiop1223 About Contact  Quote this Post!
x 0   x 1  Alert Admin	U guys still dont get it. Govt will not let it collapse but it doesnt mean share price will be supported. Understand? Or still dont understand? No wonder CCS says singaporeans are suckers. Got investor999 & KiasiGuy. 🙋 🏻 🙋 🏻 Go guys, raise your hands
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