SIA    Last:6.9   -

A380 A Great Way to Fly

Short term SATS with sure drop.. Vested in SATS...

But longer term more free float of SATS share, i think is beneficial. SIA can buy abit time to time to prop up SATS share price.. Look at the takeover of SFI. I think they have a plan to prop up the counter. Just going ride through with SATS

 

i read paper say all in div is 1.60...pls read yesterday Straits times...under money

 

So is it a good or bad thing for SIA shareholders? After CA, sure drop like bird shit!!!!! I will also sell off the SATs shares given and I presumed majority will follow.

 

SATSvcs    Last:1.48   Vol:1735k    -0.07

Sats holders seen at d lossing end, closed at $1.48, while SIA closed unchanged at $11.60

The angmo took this opportunities to sell after it climb past 12 dollars

 

haha. Ask them list up their Silk Air lo. Then hope can give free to shareholders. After using Silk Air then give SIA Engg again lo....

 

Wah! After the bad Q results and more to come, they use their majority own SATS to prevent a market sold down to their share price? Actually, just think what will happen after CA? To me, its LPPL u know.

 

very generous indeed despite the current situation! SIA will surge!

 

Div in specie is NOT 73c.

It is 0.73 SATS shares for every SIA share owned.

Based on today's SATS close of 1.55, it works out to be $1.13c per SIA share. Add this to 20c final and 20c interim, total divident is 40c + $1.13 = $1.53.

Pretty generous, if you ask me. 13% yield.

teeth53      ( Date: 14-May-2009 21:28) Posted: Sound like giving unexpected bonus in a very bad situation for result ended Mar 31, 2009. 20ct plus 73ct Does it mean now Sats share price will be affected and under pressure, 'cos SIA has given out to its shareholders at a discount? Does it mean the scheme benefits SIA, but not Sats? Is it a good time to buy SIA now? My personnally opinion is 2moro another day for SIA stock to end lower. reaction to a bad fall on bad time as resulted shown a fall of 92% in profit, but eventually after fall, thing will pick up again Sell into strength, buy on weakness price is within $10-11.60

 

looking at their number of passengers, 1Q 09 might be red also, although fuel price dropped compared to last year.

 won't SATS share price drop as SIA giving them as 'freebie' ???

 

Sound like giving unexpected bonus in a very bad situation for result ended Mar 31, 2009. 20ct plus 73ct

Does it mean now Sats share price will be affected and under pressure, 'cos SIA has given out to its shareholders at a discount? Does it mean the scheme benefits SIA, but not Sats? Is it a good time to buy SIA now?

My personnally opinion is 2moro another day for SIA stock to end lower. reaction to a bad fall on bad time as resulted shown a fall of 92% in profit, but eventually after fall, thing will pick up again

Sell into strength, buy on weakness price is within $10-11.60

 

IN...SATS $$$ money goes to SIA as propsosed

Sats to be directly owned by temasek, sfi goes back to mama really? will there be a change in name for SATS soon really?

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_2D1CE3B90802CCAA482575B60039F6E3/$file/SGX_Announcement_DIS.pdf?openelement

Remained me of...GIC and Termasick.

Posted: 19-Jan-2009 22:41

Sold three power stn (got it for zero value i guess), where got no money to spend...at d present movement $S 10 billion lost can be cover, not enuff can still sell back side liao n can contiune to enjoy reaning many $S million of dollar in SALARY, into their housewfie pocket. Just for info sharing...TAMASICK "Si Bei Heng" (SAVED BY BoA) http://sg.news.yahoo.com/afp/20081127/tts-us-finance-banking-takeover-merrill-972e412.html AFP - Thursday, November 27WASHINGTON (AFP) - - The Federal Reserve on Wednesday gave formal approval to Bank of America's acquisition of Merrill Lynch teeth53 Date: 13-Dec-2008 17:50) Posted: With global recession grooming around for any other 2-3 years. This time round GIC and Tamasick is too over expose to over investment, Reits..Capland, Malls, Banks, ABC, oversea investment banks...all need money to top it up including those many unnames.. so got to sell asset and afew other companies within.., to companies that has good enuff money to buy over, re-adjusting shares value to make a good report when it come Think POSB should JV and takeover DBS and becoming even a more establish regional bank with 3rd / 4th generation proven to run and that will only happen after all the 1st Gen is all becoming retiree

 

Wah, SIA drop too fast, my typing too slow, cannot catch.. so fast drop from 11.80 - 11.70

 

SIA next resistance around $12.20 ?

 

1 May 09 , ....

SIA, which is parking planes and slashing capacity amid a sharp downturn in which passenger loads have fallen to almost 70 per cent and cargo loads to less than 60 per cent.

It has already put 50 cargo pilots on unpaid leave and is grounding 17 planes, cutting some 11 per cent of capacity this year.

SIA carried just 1.28 million passengers in March - a 23 per cent drop from March last year.

Having forced staff to take unpaid leave, analysts believe SIA may have to resort to layoffs if operating conditions continue to deteriorate.

Separately, on the swine flu front, SIA said it is closely monitoring the situation.

 

its good they have opportunity to buy back more shares.

good way to burn up the cash hoard as there is not many other methods for treasury to add value.

 

this burger may jolly break $10 end of the day...wow....it will be all over again like BAD old SARS days....gosh.... :D looks like economy recovery will be mid 2011 onwards siah :P

 

Will the result be good? Will it sustain the div of $1 pers share?....hmmmm

 

DATE OF RELEASE OF FULL YEAR FINANCIAL RESULTS FOR THE YEAR ENDED 31 MARCH 2009  

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3932306AB020C33E4825759F0014C5CE/$file/Announcement.pdf?openelement

 

SIA has around 49% stake in UK-based Virgin Atlantic Airways

 

Virgin Airlines to Cut 600 Positions

 

Citigroup recent Valuation on SIA < 16 Mar 09 > Our target price for SIA is S$8.50, using a FY10E valuation base. We derive our target from a DDM approach. Using a FY10E ROAE of 7%, a dividend payout ratio of 100%, cost of equity of 10%, and a growth rate of 0.5%, we get a target FY10 P/E of 11x and a target P/B of 0.77x - giving a target price of S$8.50. In FY10E we forecast that SIA's ROE will fall to 7% from 9.5% in FY09E. SIA would be earning an ROE well below its cost of capital, which suggests that SIA's share price could trade below book value during this stage of the economic downturn. With earnings and price performance volatile, it is difficult to have a long-run fair value for an airline stock. To maximize investment returns, we believe one has to understand how valuations change through an earnings cycle - which is why we have used a P/E and P/B analysis.