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Customer will invoke force majeure clause.
Who want to pay to maintain a plane that would not fly in next 6 month?
Who want to pay to maintain a plane that would not fly in next 6 month?
Justice888 ( Date: 02-Apr-2020 17:28) Posted:
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I hope they have maintainance contract as passive income la
uiop1223 ( Date: 02-Apr-2020 17:21) Posted:
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low float now. hard to short...trading range bound.
either a bull run or a bear rut
either a bull run or a bear rut
Justice888 ( Date: 02-Apr-2020 17:18) Posted:
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Its very obvious SIAE mtgm have no idea how to react. They only sit and wait for travel to pick up.
The budget only pay up to 75 % of first $4500... I think they have many high pay Engineers. I don?t dare to short this co... the float very Low.. can swing big in both directions. But if it drop to $1.30.. I don?t mind to Long
uiop1223 ( Date: 02-Apr-2020 17:15) Posted:
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Salary cutting. Very obvious they clueless. And quite clear the budget of 75% help in wages doesnt help.
Justice888 ( Date: 02-Apr-2020 16:44) Posted:
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IN DEEP TROUBLE ... SHOULD HAVE SHORTED A $2.70 INSTEAD
uiop1223 ( Date: 02-Apr-2020 16:35) Posted:
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Wat announcement?
uiop1223 ( Date: 02-Apr-2020 16:35) Posted:
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I shorted another 15k shares after this announcement.
THIS SARS 2003 PRICE .... 17 YEARS CHANCE IN THE MAKING
When the parent is rejuvenated by Temasek holdings again.... this baby will FLY .... ride with it by its side ... but without the rights issue problem on SIA eng
MASSIVE PAY CUT .. 2nd IN A MONTH
The revisions will see the CEO and executive vice president take pay cuts of 25% and 20% respectively with effect from Apr 1, while the pay cuts for senior vice presidents and vice presidents have been brought forward to Apr 1 and are slated to increase to 15% and 12% respectively from May 1.
Senior managers and managers, too, will see their pay cuts of 5% brought forward to Apr 1, and are set to increase to 10% from May 1.
Although significantly deeper, the cuts are not about to stop. In light of the worsening situation, the SIAEC Board has also volunteered a deeper reduction of 25% in fees accruing with effect from Apr 1 in solidarity with its management and staff
The revisions will see the CEO and executive vice president take pay cuts of 25% and 20% respectively with effect from Apr 1, while the pay cuts for senior vice presidents and vice presidents have been brought forward to Apr 1 and are slated to increase to 15% and 12% respectively from May 1.
Senior managers and managers, too, will see their pay cuts of 5% brought forward to Apr 1, and are set to increase to 10% from May 1.
Although significantly deeper, the cuts are not about to stop. In light of the worsening situation, the SIAEC Board has also volunteered a deeper reduction of 25% in fees accruing with effect from Apr 1 in solidarity with its management and staff
So the shadow hand is cut salary. Managers and above cut. So the story goes back to you pay peanuts, you get monkeys. They will have no heart to work. Do sell off early!
Salute Shadow Hand 👏 🏻 👏 🏻 👏 🏻
The lower the better 😀
Unless shadow hands come in, it will be lower in the afternoon due to contra sell. Today is T+4.
Honestly i feel this company hopeless
hahaha
ya...and i die pain pain..vested at 1.84
ya...and i die pain pain..vested at 1.84
Papason883883 ( Date: 31-Mar-2020 14:31) Posted:
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Hope then pullback more. Look at SATS.
these 3 will be floating between range.
look at the sell buy ....hard to go either way
look at the sell buy ....hard to go either way
Papason883883 ( Date: 31-Mar-2020 09:24) Posted:
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