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hehe
, i got it at 1540, waiting for it to ciong, ciong ciong. no target at the moment, where is it heading??? 2000?????
, i got it at 1540, waiting for it to ciong, ciong ciong. no target at the moment, where is it heading??? 2000?????
some latest news from Straits Times:
SIA invites offers for Virgin stake
SINGAPORE Airlines , the world's second-biggest airline by market value, said on Wednesday it was open to offers for its 49 per cent stake in Richard Branson's trans-Atlantic airline Virgin Atlantic .
'It's not a secret that we regard it as an undeperforming investment. We are still reviewing our plans and are open to all offers,' Singapore Airlines Chief Executive Chew Choon Seng told a results briefing.
Mr Chew also said the company faced no shareholder pressure to cut its stakes in aircraft maintenance firm SIA Engineering and groundhandling firm Singapore Airport Terminal Services (SATS) but was reviewing those holdings at regular intervals.
SIA says S$1 dividend sustainable
At the results briefing, SIA also said on Wednesday it could maintain an annual dividend payout of S$1.
'An annual payout rate of S$1 a share is affordable and sustainable,' Mr Chew Choon Seng said.
SIA, 55-per cent owned by state investment firm Temasek , on Tuesday announced a dividend of S$1 for its 2007/08 business year as it reported a smaller-than-expected 21 per cent fall in quarterly profit and warned of slower demand due to the ongoing global market turmoil amid record fuel costs. -- REUTERS
AK Q it at 1588(12cts higher, not 10 bids) immediatly after market closed yesday being anticipation crude oil going down, but it came otherwise. As posted this morning, AK overslept loh unable to withdraw since kena alrdy.
OK, now AK buy CO goes up again tonite, I alrdy Q at 15.66, despite the hefty $0.80 div declared earlier. Moreover, R date is 4 Aug. Yah Q other counters as well.
sad.... i was unable to get the stock last min at 15.8.. haiz.....
Just saw the FY08 report.... it's again a double digit growth.....
Hope tomolo morning cancatch some worms... must Q now for early entry.... cheers and result is in SGX.com... check it out guys...
Avoid transport coys, not worth to take the risk leow. Sleep well, most important.
Good point there...but it's not that a simple theory. high oil will have lots implication other than weeding off competition.
gazebo ( Date: 07-May-2008 20:02) Posted:
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SIA announced it will be increasing fuel surcharge again from 12 May.
The high fuel price is good for SIA more so if it drags on longer. This company will not 'die'.....but high fuel price is gonna weed out some of its competitors. You should have heard some merges & fold-ups. When things turn around SIA will be getting all their 'lost' passengers. Just imagine the growth!......have faith guys.........buy bit by bit!
at this fuel volatile moment, don't chase transport coy. make your heart at ease.
i think the full financial year would be good given the strong B/S
How abt SIA?
United Airlines shares plummet on 1Q loss, planned cuts - AP - 36 minutes ago
United Airlines parent UAL Corp. lost about a third of its market value Tuesday after reporting a $537 million first-quarter loss due to soaring fuel costs and saying it is cutting flights and 1,100 jobs.
Don't chase after it, I opine. There were 3 counts of A380 mechanical clitches since it took its first flight. SIA had announced the increase of fuel charge yesterday and Air Asia claimed that their passenger rate is more than SIA this yr, though theirs are mainly short distances. But their vision is not just stop at regional market, Fern stated in today's BT that AS will acquire A330-300 long haul plane to fly to EU. What else?
If one can recall, the recent peak of SIA was $20.20....... in Oct 2007....
And SIA was trading under $12 during 2006 ... and at a low of 9.60 in May 2004...
And current price for SIA is considered very high in terms of valuation as one has to bear in mind that USA is cutting down their capital investment plan.... and similarly.... less investment plan means less corporate travel..... and reading from most recent SIA announcement... SIA is having lower load factor for passenger due to increase in capacity.... ==> more cost per passenger...
With the recent A380 fuel pump trouble... premium passenger who are concerned about time... may not like the delay.....
And it seems that 380 is not a good number ex A380 plane delivery delay, A380 pump trouble.... offer price 3.80 for Eastern Airlines get voted down....
ghlau935 ( Date: 26-Mar-2008 20:22) Posted:
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DJ MARKET TALK: CIMB Cuts SIA Target To S$21.50; Keeps Outperform
0149 GMT [Dow Jones] STOCK CALL: CIMB cuts Singapore Airlines (C6L.SG) target price to S$21.50 from S$23.00; maintains Outperform rating. Says lower target is due to reduced earnings forecasts; cuts FY09-10 forecasts 12%, 4.5% on higher oil price assumptions. Notes, stock trading at trough level valuation; says, "these crisis-level valuations are undeserved given the relatively high fuel hedge cover, continued strong demand, and the higher yields and fuel efficiency from the A380 and B777-300ER planes." Adds, SIA remains top pick amongst regional airlines.
no doubt...SIA is a blue chip
SIA is a good buy, esp Crude Oil plunged lately. But needs to observe the market trend. When the market declines to its lowest, buy in is the call. Good luck. Cheers.
that is a positive way of looking at it.....she has a natural loud voice......hahahahaha
I tink she is disturbed by "she told me LOUDLY" which make her buay song. Since air stewardess are flying waitress unless customer is unreasonable there is no reason for her to raise her voice. This to the writer is rude I guess OR the stewardess voice is always so LOUD. Some ger voice is loud hailer inborn cannot be helped :P
yes, that was also raised by some of readers on asia1.com........but she managed to get headline on asia1.com