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What is there future for tiger airways
- Thread starter gingerlyn
- Start date
you must becareful when investing in SIA. Gingerlyn believes SIA is just like Creative and they will not be able to rebound to its previous glory.
..Yes it is better to exit esp when the old man is not going to be around for long, forcing down issues like he own the airline.
Take your money invest in SBF infp shares better. At least can zap people
what so fun about zap people?
Tigerairway lost S$65Million in 1QFY15 (1st Quarter loss of S$65Million) as per result in SGX.
Below is FY14 remuneration of the top executives as per 2014 Annual report
The level and mix of the remuneration earned in FY14 by the CEO is as follows:
name of executive
remuneration
$
base salary
(%)
performance
based bonus
(%)
other
benefits
(%)
LTIP awards
(%)
Koay Peng Yen (Group CEO)(1) 2,273,000
(1) Part of Mr Koay Peng Yen’s LTIP awards for FY14 are based on contractual requirements.
The next five top key executives of the Company in bands of $250,000 are set out below:
name of executive
remuneration
band
$
base salary
(%)
performance
based bonus
(%)
other
benefits
(%)
LTIP awards
(%)
Chin Sak Hin(1) 500,001 – 750,000
Joyce Fong 500,001 – 750,000
Ho Yuen Sang(2) 500,001 – 750,000
Alexander Knigge 500,001 – 750,000
Khushi Ram(3) 250,001 – 500,000
Pay should be cut to S$1 till turnaround.
What do forrummers think?
My thoughts is further rights issue coming soon.
jiak sai
further rights issue = capital injection and more money pay to the board of directors and non performing top executives.
share holders have to pay more with the right issues or forced selling if they have no cash to pay for the rights.
our cpf money will be used to pay for the rights issues
Mischief. Why your points still so low?
those point can use to buy barang barang? if can, then i will everyday beg/ ask for point. hahahaha
forced selling if they have no cash to pay for the rights.
I believe you are referring to dilution of one's holding, if one did not subscribe to the right issue.
Meanwhile Tigerair Perp, at 23% discount, any takers?
Payout 2%
Tigerair 2%PerpC (S3TB)
As at 04-08-2014 1:45 PM
Chg: 0.000 Prev Close: 0.771
Open: 0.000 Previous Close Date: 01 Aug 2014
High: 0.000 Vol: 0
Buy Vol: 4 Low: 0.000
Last Done: 0.000 Sell Vol: 5
Lemme guess... another round of layoffs, followed by another round of logo change and corporate rebranding?
GLCs never run out of money, neither do their subsidiaries.
Change the medicine bottle but don't change the medicine inside.
fundamental, there are too many budget airlines. airasia, jetstar, scoot and tigerair, some even have replicate routes to same destination. i doubt there is bright future for budget air. imho, airasia is the best cos they got leather seats.
How does Tony F make money???
This should provide some clues.
Pg 9 of 18 on the Presentation
http://www.airasia.com/my/en/about-us/ir-quarterly-reports.page
Lemme guess... another round of layoffs, followed by another round of logo change and corporate rebranding?
GLCs never run out of money, neither do their subsidiaries.
Temasek, GIC , MOF etc..will never run out of money, they have a perpetual, free flow bank in CPF....where everyday, money keeps pouring in..where on this earth can you find such good opportunity!....
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