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SIA Last:6.68

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SIA

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SGG_SGG 21-Apr-2011 08:41
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I believe $14.50 is the next destination... today or next week but today will be good!

New123 ( Date: 21-Apr-2011 08:04) Posted:

Today it will soar above $14.50...

SGG_SGG ( Date: 20-Apr-2011 09:13) Posted:

Past 14.20 ..... let's see can move up to 14.50!

New123 21-Apr-2011 08:04
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Today it will soar above $14.50...

SGG_SGG ( Date: 20-Apr-2011 09:13) Posted:

Past 14.20 ..... let's see can move up to 14.50!

New123 ( Date: 14-Apr-2011 19:30) Posted:

Hoping to see $14.50 then perhaps can take profit. Is still on an uptrend...

SGG_SGG 20-Apr-2011 09:13
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Past 14.20 ..... let's see can move up to 14.50!

New123 ( Date: 14-Apr-2011 19:30) Posted:

Hoping to see $14.50 then perhaps can take profit. Is still on an uptrend...

New123 14-Apr-2011 19:30
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Hoping to see $14.50 then perhaps can take profit. Is still on an uptrend...

Isolator 14-Apr-2011 15:00
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hmmm.... better to sell to take profit..... lol

SGG_SGG 14-Apr-2011 14:22
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Back to yesterday's $14.12 again.... are we watching?!?!?? Smiley

Isolator 13-Apr-2011 23:44
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Hold... hmmm.... Can get under $11 better $14 right?... lol..

Sgwong 13-Apr-2011 21:57
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SIA is worth to hold, it will goes up to 15 soon

SGG_SGG ( Date: 13-Apr-2011 16:48) Posted:

Wah Piangz! You come until here to scare me ah?!?!?? Smiley

Later no padding for you then you know!

KiLrOy 13-Apr-2011 20:38
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Did anybody see this recently?

http://www.youtube.com/watch?v=ayCWSm1f9qk& feature=related

SGG_SGG 13-Apr-2011 16:48
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Wah Piangz! You come until here to scare me ah?!?!?? Smiley

Later no padding for you then you know!

Isolator 13-Apr-2011 16:46
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Better be scare now....

SGG_SGG 13-Apr-2011 16:36
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You finally got your $14.00! Smiley

New123 ( Date: 04-Apr-2011 15:17) Posted:

Hope to see it rises above $14.00 . Full year result may be good + special dividend if any to be announced soon.

abkt999 13-Apr-2011 12:20
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SIA cheong arr!! Smiley

New123 08-Apr-2011 10:09
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This counter has yet to move up though the mkt has already recovered back to 3200 level.

SIA you need to show us you power.The shares prices has been staying low for too long..

New123 05-Apr-2011 12:12
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Even Capitaland has already started to move up. So I think is time for you to move upwards.

New123 04-Apr-2011 15:17
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Hope to see it rises above $14.00 . Full year result may be good + special dividend if any to be announced soon.

bsiong 04-Apr-2011 15:09
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Singapore Airlines eliminated extra stops on Tokyo flights that were introduced after a March 11 earthquake disrupted transportation links and power supplies in the Japanese capital.

Flights serving both Tokyo Haneda Airport and Tokyo Narita are now operating non-stop, Nicholas Ionides, a spokesman, said by e-mail today. The Singapore-based carrier, Qantas Airways Ltd. and British Airways were among airlines to add extra stops on Japan flights last month so that crew members could avoid spending the night in Tokyo.

“We have reviewed the situation and conditions in Tokyo closely, and are satisfied that there are sufficient supplies and measures in place to ensure the well-being and safety of our crew during their layovers,” Ionides said.

British Airways, a unit of International Consolidated Airlines Group SA, has also resumed non-stop flights to Narita, removing an extra stop that prolonged journey times and increased fuel usage. Demand for flights to Tokyo has tumbled though as engineers battle to prevent a meltdown at a nuclear- power plant crippled by the temblor and a tsunami.

Singapore Airlines has cut one of its daily Haneda flights until May 8, according to a notice on its website. Cathay Pacific Airways and Qantas have also suspended some services to Japan.

Greenbean 02-Mar-2011 10:22
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SIA on offer. 13.00 coming soon?

epliew 28-Jan-2011 20:45
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siao liao..... dropping ? miss estimates ?

bsiong ( Date: 28-Jan-2011 18:17) Posted:

Singapore Air net falls on fines, lags estimates: Update

WRITTEN BY BLOOMBERG

FRIDAY, 28 JANUARY 2011 17:51

Singapore Airlines, the world’s second-largest carrier by market value, reported a worse-than- estimated 29% drop in third-quarter profit after it booked charges relating to antitrust cargo fines.

Net income declined to $288.3 million in the three months ended December from $404 million a year earlier, the carrier said in a statement to the Singapore stock exchange today. Profit was expected to be $299 million, based on the average of six analyst estimates compiled by Bloomberg. Singapore Air made a provision of $199 million for the fines.

The carrier flew fewer passengers and filled a smaller proportion of seats as budget airlines Jetstar and Tiger Airways Holdings lured away cost-conscious travelers. New Chief Executive Officer Goh Choon Phong also faces renewed competition from Cathay Pacific Airways and Middle East carriers for lucrative premium fliers.

“Singapore Air has lagged behind compared with regional peers,” Kelvin Lau, a Hong Kong-based analyst at Daiwa Institute of Research, said before the earnings. “They need to focus on improving their margins and work harder on the traffic side.”

Singapore Air was unchanged at $15.04 at the close of trading today. The stock rose 2.4% last year, while the 15-member of the Bloomberg Asia-Pacific Airlines Index surged 28%. The results were released after the market closed.

SIA VERSUS CATHAY

Passenger yield, the average price a traveler pays to fly one kilometer, was 12.1 cents in the quarter compared with 10.5 cents a year earlier. The carrier flew 4.37 million passengers in the three months ended December, 0.9% fewer than a year before. It filled 79.7% of its total available seats, down from 82.4%.

The decline in passenger numbers contrasts with Cathay Pacific, which reported increases every month in the quarter. The Hong Kong-based carrier is also rolling out new business- class cabins in a bid to win more executive travelers. Dubai- based Emirates Airline is challenging Singapore Air as it builds up a fleet of 90 Airbus SAS A380s.

Singapore Air’s advance passenger bookings for the quarter ending in March are “leveling off,” the carrier said in its outlook. Growth in air cargo is also expected to slow, it said.

The carrier made the provision after the European Union imposed a fine last year on its freight unit for coordinating fuel and security surcharges.

CARGO FINES

While the carrier accepted the plea offer made by the United States Department of Justice, it is appealing fines imposed by the European Commission and the South Korean Fair Trade Commission and intends to contest the charges, it said in today’s statement.

The airline’s spending on fuel, its biggest expense, climbed 8% to $1.11 billion in the quarter.

Goh, who took over as Singapore Air CEO on Jan. 1, faces low-cost competition from Qantas Airways Ltd.’s Jetstar, which operates a hub in the city-state and plans to boost Asia capacity 30% this year. Tiger Air, also based in Singapore and parted-owned by Singapore Air, today said profit jumped 60% in the quarter ended December to $22.6 million.

Singapore Air “is unlikely to shrug off the challenges of the Gulf and low-cost airlines any time soon,” Andrew Orchard, an analyst at Royal Bank of Scotland Plc, wrote in a Jan. 19 report. “As low-cost operators start to expand their networks into longer-haul destinations, we believe strong demand growth is unlikely.”

bsiong 28-Jan-2011 18:25
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Singapore Airlines posts 3Q profit of $288.3m

WRITTEN BY BLOOMBERG

FRIDAY, 28 JANUARY 2011 17:27

Singapore Airlines, the world’s second-largest carrier by market value, said third-quarter net income fell to $288.3 million from $403.7 million a year earlier. Analysts had expected profit of $299.2 million, based on the average of six estimates compiled by Bloomberg.

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