Good advice. At least not for $3.50. If want to buy, can wait for price to go down
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SIA Bleeds
- Thread starter ckmpd
- Start date
Sell down is related to border closing and people who currently own the shares and need immediate cash. Well, i don't analyse too much on share trading as my aim is buying material things. if go down below $2 then i buy, if not, so be it and not hard up about it.
For serious trading in getting passive income, you might need to get more info, i can't do more than simple analysis. i just do simple analysis, enough to buy things. You can't tell what happen to the future, so i don't see paper trading as a sustainable income source. i use it for capital gains only.
Yes, good to go for capital gains. Can make decent money than to leave your money in the bank
how many years will it take to tabulate Singapore's assets? President Ong Teng Chong was never given a reply! Singapore can afford to bleed!
The pap will not want us to know how much Singapore's has.
You still wasting time dabbling in Sinkie stock
I am quite happy getting more than 10% return annually. This is much better than putting it in a bank. Also I am interested in International Finance, Financial Markets, Corporate Finance, Financial Analysis. Getting good returns for my money and sharpening my interests are good things to do in my spare time
SIA also speculates heavily on plane (for resale). It is like the bus company is also a used-bus seller. Then now COE crashed.
Then now, SIA is stuck with younger (expensive) planes of massive depreciating value.
according to my sauces, SIA also offended major ticketing platforms by going back on their words and belittling them before Covid because SIA think they are a big fug.
Imagine the first wave of recovery is here, most will be business travellers willing to pay more, and these platforms condemns SIA for these high-margin businesses.
$3.42 leow
Pity those junior staffs. Their basic starting salaries are low n some worked irregular multi split shifts.
https://mothership-sg.cdn.ampprojec...https://mothership.sg/2020/07/sia-cut-salary/
The shareholders are bleeding profusely. The CEO needs a more drastic cut. 35% is not good enough. My bet is SIA will wake up and cut more of the Mgmt Board's allowances and CEO pay
This will not be the last pay cut. Another round of pay cuts will come in 3 to 6 mths time when SIA reports another massive qtrly loss
The Gahmen has to be careful when it opens the country and economy. A 2nd wave of infection will inflict more hardshipI believe so. Tat goes for current pandemic too. Aint gonna be the last too.
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