SIA Engineering responds to SGX query on unusual trading activity
SIA Engineering said on Friday that it is not aware of any information not previously announced that might have explained the unusual trading activity in its shares on Friday. 
 
Shares in the aircraft maintenance, repair and overhaul (MRO) services firm surged 20 Singapore cents or 9.9 per cent to close at S$2.22 on Friday, on volume of 2.87 million. Most of the rally took place before the lunch break.
 
The unusual price movement drew a query from the surveillance team of the Singapore Exchange at mid-day.
 
SIA Engineering confirmed that it was in compliance with listing rules, but noted: " There has been recent improvement in general market sentiments for the aviation industry arising from the gradual reopening of borders and announcements of partial restoration of flights.
 
" Furthermore, in the Fortitude Budget, the Singapore government is also providing additional support for the aerospace (including MRO) industry. Apart from the foregoing, the company is not aware of any other possible explanation for the trading."
https://www.businesstimes.com.sg/companies-markets/sia-engineering-responds-to-sgx-query-on-unusual-trading-activity
https://www.businesstimes.com.sg/companies-markets/sia-engineering-responds-to-sgx-query-on-unusual-trading-activity
So many people make money from a avaiation stocks last week.
Have confidence in the industry. It will fly soon.
Have confidence in the industry. It will fly soon.
sold yesterday at 2.06, wasted
Privatise?? 
SGX really kuku...jump 9% aldy query..really small boys....American/United/Delta Airlines tonite futures all gonna jump up 20%....
Monday our aviation stocks all gonna continue flying!!
Monday our aviation stocks all gonna continue flying!!
Wah..SGX query aldy...something brewing....
Huat ah!!!!!
Another AIR jordan stock...only go up and up when recovery continues...dont miss....last year $3
Choong ah! Now $1.97.🤑
Kai189 ( Date: 30-Apr-2020 16:49) Posted:
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still laggard among its siblings SATs and SIA.
need the Dong Feng to push till 1.95
need the Dong Feng to push till 1.95
Kai189 ( Date: 30-Apr-2020 13:16) Posted:
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today if can cross $1,90 can laugh liao
super laggard play...
super laggard play...
Secret_Squirrel ( Date: 30-Apr-2020 10:30) Posted:
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SIA EC up 5 cents now. Still can up 5 cents today🤔
Maybe a noob' s mistake here, please advise ...
Was thinking it' s considerably low in debt?
https://images.simplywall.st/asset/company-ig/664952-historical-debt/1587046403774
 
Was thinking it' s considerably low in debt?
https://images.simplywall.st/asset/company-ig/664952-historical-debt/1587046403774
 
TA_Expert ( Date: 16-Apr-2020 20:37) Posted:
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On what basis you think that it is a strong company?
darkblack ( Date: 16-Apr-2020 20:19) Posted:
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By the same analysis, can buy creative also.
Cash rich, no debts. Can buy?!
Cash rich, no debts. Can buy?!
Was thinking this company has a solid fundamental and low debt too, thus thinking will recover by next year?

 

 
TA_Expert ( Date: 16-Apr-2020 15:36) Posted:
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Why are you buying now and not when it was like $1.48 in March?
Everybody says that the company will crash.
Everybody says that the company will crash.
darkblack ( Date: 16-Apr-2020 14:22) Posted:
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Hi @TA_Expert,
Greetings from a newbie here :)
I jumped on the late train of this counter .... but seems it' s quite a solid foundation to keep for long, like 6 months or a year?
Though not really sure, how bad the revenue will be impacted since the airline businesses are in a very bad shape today?
Cheers!
Greetings from a newbie here :)
I jumped on the late train of this counter .... but seems it' s quite a solid foundation to keep for long, like 6 months or a year?
Though not really sure, how bad the revenue will be impacted since the airline businesses are in a very bad shape today?
Cheers!
TA_Expert ( Date: 07-Apr-2020 22:24) Posted:
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Yes, this company is solid, nothing to fear. 
You will enjoy the fruits of the labour after 6 months.
You will enjoy the fruits of the labour after 6 months.
iinvestor ( Date: 07-Apr-2020 21:01) Posted:
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No need wait for airport reopen liao...this baby taking off oso..