SIA    Last:6.71    +0.03

SIA

So so so surprise to see SIA surged 12 cents today.

With so much bad news on aviation,still one of the top gainers.

Hmm,really really strange.

 

Good one...

agree with you...

yesterday was back from Sydney to Singapore on SIA...

the business only 12 passengers out of 60 seats in the A380 Jumbo....

this kind of load is rarely seen on a Sydney route...one of SIA's best routes...

this is muifan,

reporting in SQ222 cabin 

alexchia01      ( Date: 20-Dec-2011 00:04) Posted: If market allows, can short SIA tomorrow. Entry: $10.10 Stop-Loss: $10.45 Target: $9.60 More on my Blog at Alex Trades. Good luck.

 

If market allows, can short SIA tomorrow.

Entry: $10.10

Stop-Loss: $10.45

Target: $9.60

More on my Blog at Alex Trades.

Good luck.

 

SIA says it welcomes the move by the Australian Competition and Consumer Commission to approve its proposed alliance with Virgin Australia.

The ACCC’s approval represents means SIA and Virgin Australia can proceed with their wide-ranging alliance.

Customers will be able to earn and redeem frequent-flyer miles on SIA and Virgin Australia flights by the end of the year and codesharing is expected to commence early next year.

Under the alliance, SIA and Virgin Australia will codeshare on each other’s international and domestic flights, offer reciprocal frequent-flyer programme benefits and lounge access, co-ordinate schedules between Singapore and Australia and beyond to provide seamless connections, and engage in joint sales, marketing and distribution activities.

 

Today it dropped yet another 24c ...      

 

Singapore Airlines says it has purchased eight more Boeing B777-300ERs for use on medium and long-haul routes.

Announced in August this year, SIA firmed up its order by signing a purchase agreement, it announced in a statement today. Delivery of the aircraft will begin in the 2013/2014 financial year.

The eight airplanes will cost SIA about US$2.4 billion ($3.1 billion). They will be powered by General Electric engines, and come with a three-class layout.

They join a fleet of 19 planes of the same model already in service, bumping up the total number to 27.

 

Upcoming attractive 10c dividend, but today dropped 13c... Maybe will drop more tomorrow... 


        Thus, playing dividend with any stock  is really just a waste of time... lol...  

GuavaXF30      ( Date: 16-Nov-2011 16:09) Posted: Ya. 10 cents dividend for a more than $10 counter really not worth the risk. And you are right in that it will drop more than 10 cents when it goes ex. Even with 10 cents declared priced dropped by 14 cents today.... sigh. gavinl      ( Date: 16-Nov-2011 12:48) Posted: Tomorrow XD date,10 cents dividend but will drop more than that after XD. Can run better run.

 

Ya. 10 cents dividend for a more than $10 counter really not worth the risk. And you are right in that it will drop more than 10 cents when it goes ex. Even with 10 cents declared priced dropped by 14 cents today.... sigh.

gavinl      ( Date: 16-Nov-2011 12:48) Posted: Tomorrow XD date,10 cents dividend but will drop more than that after XD. Can run better run.

 

Tomorrow XD date,10 cents dividend but will drop more than that after XD.

Can run better run.

 

SIA is getting weaker and weaker...

http://mystocksinvesting.com/singapore-stocks/singapore-airlines-sia/singapore-airlines-sia-watch-the-11-00-level/

 

SIA: weak 2QFYMar11 results. Credit Suisse notes headline profit above expectations, but operating profit below on weaker passenger yield.
Net profit came in at $194m, -49% yoy, vs Bloomberg consensus of $128.5m. 2Q net profit recovered from 1Q11’s $45m as fuel prices were escalating in that quarter and the Japan earthquake/ tsunami also hit hard in that quarter.
Passenger yield fell 0.8% yoy, while cargo yields continue to remain lackluster with a 5% yoy decline.
Co declared an interim div of 10cts, vs 20cts last yr.
Deutsche says earnings outlook remains clouded by macro uncertainty. Notes the cargo trends have turned negative in the region and this usually precedes passenger trends. Expects premium travel (a significant portion of SIA’s biz) to soften in FY13. Notes even though P/B valuation of 0.9x FY12 is close to the trough in 2008 crisis, continues to see earnings downside risk. Reiterates Hold rating, cuts TP to $10.80 from $13.20.
Citi has a Sell rating with TP $10.40.

 

Anyway better than nothing...

casino      ( Date: 03-Nov-2011 20:01) Posted: Just 10 cents per dividend payable in Dec. What a shame.

 

* Q2 net profit S$194 mln vs S$194.8 mln consensus

* Says passenger, cargo yields to remain under pressure

* SIA shares down 1.7 pct ahead of announcement (Adds details, background)

SINGAPORE, Nov 3 (Reuters) - Singapore Airlines Ltd (SIA), the world's second largest carrier by market value, posted on Thursday a 49 percent drop in second quarter net profit due to high jet fuel prices and said yields will remain under pressure. The global airlines industry, which only recovered from its worst-ever downturn last year, is facing new headwinds such as rising jet fuel prices and economic uncertainties in Europe and United States.

" The prevailing economic uncertainty and weak consumer confidence are impacting demand for air transportation. Advance passenger bookings are showing signs of weakness, particularly in Europe and the United States," SIA said in a statement. " Global purchasing manager indices (PMIs) have also fallen, pointing to weaker demand for air freight. Both passenger and cargo yields are therefore expected to remain under pressure."

Analysts have said SIA's market position has also been undermined by the rise of Middle Eastern rivals such as Emirates for long-haul routes, and aggressive expansion of budget carriers like AirAsia Bhd and Qantas Airways Ltd's JetStar on shorter flights. The airline, about 55 percent owned by Singapore state investor Temasek Holdings [TEM.UL], earned S$194 million ($152.7 million) for the three month ended September compared to S$380 million a year ago. Its quarterly earnings was inline with the average forecast of S$194.8 million by four analysts polled by Reuters. The International Air Transport Association (IATA) recently raised its 2011 profit forecast for the airline industry to $6.9 billion from $4.0 billion, but the grouping expects the industry's profit to fall by 29 percent next year.

IATA said in a statement on Thursday that the pace of passenger yield improvements in the third quarter has slowed but was still moving upwards. SIA said fuel costs rose 35 percent in the first half from a year ago to S$747 million and cut its interim dividend to 10 Singapore cents from 20 cents previously. Its shares ended 1.7 percent lower on Thursday. The results came after the end of trading hours.

($1 = 1.272 Singapore Dollars) (Reporting by Harry Suhartono and Charmian Kok Editing by Kevin Lim) ((Harry.Suhartono@thomsonreuters.com)(+65 6403 5658)(Reuters Messaging: harry.suhartono.reuters.com@reuters.net)) Keywords: SINGAPOREAIRLINES RESULTS/

 

Just 10 cents per dividend payable in Dec.

What a shame.

 

Result disappointed but expected.Tomoro price may drop < $11 again , congrat who short it today.

 

Business meeting today,any one one got any views?

Dont think will have positive result.

Shorted 5 lots @ 11.32.

 

 

Oppss! SIA starts to drop out from the take off runway!

http://mystocksinvesting.com/singapore-stocks/singapore-airlines-sia/singapore-airlines-sia-free-fall-starts-again/

 

Hi what's the implication? How will it affect the share price? Negative or positive?

 

Singapore Airlines announced that the Australian Competition and Consumer Commission’s (ACCC) draft approval of its proposed alliance with Virgin Australia. Regulatory approval will enable Singapore Airlines and Virgin Australia to build an integrated alliance, with an expanded network and seamless service offerings for travellers.

http://sgsharemarket.com/home/2011/10/singapore-airlines-sia-proposed-alliance-with-virgin-australia/

 

 

I have quite a good feeling that SIA would go towards $13 in 1 to 2 weeks, but that really has to depend on the environment, most importantly Dow Jones, Europe..

PinkPunter      ( Date: 28-Sep-2011 15:46) Posted: What will happen when they stop the share buy back?