May day may day...... profit plunge very jalat.........
It got 3bil plu cash after deducting the debt, flowing with money no where to spend lol. Hope sia eng got sold off to third party with the 77% stake and current market value 4b, a few bil can go into sia piggy bank, then pray very hard they do a capital reduction, thus returning 1 to 2 bil back to investors. By the way 2q operating result only drop by 19mil from 129m to 109mil, why bb panic and go into selling frenzy lol. Already got 2 takeover offer within this week, GLP Super coffee it got lot of long term investors excitment praying hard next in line gona be their investment lol. Next year lot of companies gona delist, pray hard sia eng one of them.
SIA is now cash rich....hope they got special dividend or special plan to invest with their cash to boost their market value.
Posted: November 3, 2016 6:06 pmPosted by: @sgng123
Divestment gain from sia eng excluded from the 302mil profit, SIA smart they offset it on loss of long term dividend gain. Basically writing off the gain so noone can ask for special dividend lol. Very evil.
Divestment gain from sia eng excluded from the 302mil profit, SIA smart they offset it on loss of long term dividend gain. Basically writing off the gain so noone can ask for special dividend lol. Very evil.
Operating net profit 302mil up 25% yoy 9ct dividend. Kind of disappointed as 2q result drag down the stellar 1q result. No wonder it got sell down lol, bb got advanced notice lol. Anyway weakest session for sia over now we proceeding to peak holiday in dec and jan. Most likely full year result is flatish yoy. Anyway still better than lot of analyst who predict a loss in 2q.
It help but currently market bearish and traders shorting to hedge for us election trump win. Fear in market so result good also go lower. Next week it either recoverinb or further losses if trump win. Hillary win would set off recovering for sia
Posted: November 3, 2016 12:16 pmPosted by: @freedomangelz
If oil price is low, doesn`t it help SIA in its profit margin?
That the beauty of sgx we sucks no investors all traders.
Maybe they can hedge for next 10 years.
Posted: November 3, 2016 12:16 pmPosted by: @freedomangelz
If oil price is low, doesn`t it help SIA in its profit margin?
If oil price is low, doesn`t it help SIA in its profit margin?
stock price reaching 5 years low !!! awesome !!!
It all american reality talk show, clinton would secure president the fbi episode just to make sure democrat supportrs max vote. Republican resigned to safeguard their congress majority, dumping trump to fight his own race with zero support. SIA most likely reported a better 1h17 yoy since 1q17 already 300m equal to 1h16result, operating profir 90% jumped on low oil and hedge gain. High chance dividend might be raised, currently ah moh are shorting sg blue chip to hedge on us election. Once election over uncertainty over hillary win big then they cover short before end year window dressing.
Guys, is it really that bad if Trump win? He did say crazy things, but once elected, he will have to behave and act practical.
Posted: October 31, 2016 5:20 pmPosted by: @sgng123
When cheap can be cheaper, impossible to get cheapest but if ur entry is nearer to lowest u win when stock recover. Currently ah moh banks actively shorting sg blue chip on us election uncertainty and major funds alll handoff equities till election over. Wait for window dressing after sia 1h17 out this thur, as all know low oil help sia when oil hedge expires huge saving pop from no where. Hope sia divest away sia eng to third party then all would get big big special dividend. SIA eng market value 4b , 1.2b shares@3.70 77% hold by SIA. Noone buy now as all scared on trump sudden death victory, that why sgx no life
i give it 9.80 if it goes low, high 10.45 if goes up in short term
Posted: October 31, 2016 5:20 pmPosted by: @sgng123
When cheap can be cheaper, impossible to get cheapest but if ur entry is nearer to lowest u win when stock recover. Currently ah moh banks actively shorting sg blue chip on us election uncertainty and major funds alll handoff equities till election over. Wait for window dressing after sia 1h17 out this thur, as all know low oil help sia when oil hedge expires huge saving pop from no where. Hope sia divest away sia eng to third party then all would get big big special dividend. SIA eng market value 4b , 1.2b shares@3.70 77% hold by SIA. Noone buy now as all scared on trump sudden death victory, that why sgx no life
tomorrow results will be out
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