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01-05-2020, 10:40 PM
30 Apr 2020 Timeline for rights and MCBs - Singapore Airlines
(click for details)
Timeline
Last date for Shares to trade "cum-right": 5th May 2020 (tues)
record date: 8th May 2020 5pm (fri)
Start trading of rights: 13th May 2020 9am (wed)
Last trading of rights: 21 May 2020 5pm (thur)
Last date for aplication of rights and MCB: 28th May 2020 (thur)
Commencement of trading of right shares: 8th June 2020 (mon)
Commencement of trading of right MCBs: 9th June 2020 (tues)
Rush rush rush.
Stay home and stay healthy, valuebuddies.
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While Warren buffet had just sold all his airlines shares, temasek is buying in big, hmm
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(03-05-2020, 11:46 PM)pianist Wrote: While Warren buffet had just sold all his airlines shares, temasek is buying in big, hmm
I believe it has been mentioned many times in this thread that Temasek subscribing to SIA's rights big time is really about preserving the software of Singapore's aviation hub strategy and protecting direct/indirect aviation job losses (runs to hundreds of thousands). Temasek's role is similar to that of most of the other governments in the world who are bailing out their own national airlines (note: Virgin Australia is not "national" because its 5 shareholders are foreign entities).
WB only does his bail-out (like he did in GFC2008) if he believes the business has an irresistible franchise and so his rejection in this case, probably indicates otherwise.
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SIA's single national carrier's importance to Singapore/Temasek is not comparable to the various US airlines to USA simply bcos various US airlines can M&A easily and still fufill USA's commerical aviation needs...for Singapore/Temasek (without LKY), it's not logical to start all over again (setup another one)...so just bail out, :O
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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04-05-2020, 04:47 PM
(This post was last modified: 04-05-2020, 04:52 PM by specuvestor.)
Just to state the obvious: WB doesn't do national service. He will sell if he has to sell eg the airline shares. Shut down if he has to eg textile and discount stamp business.
SG has a strategic purpose for SIA as a global trasportation hub, including port and O&G storage / exchange. I think if SQ closes it will affect directly or indirectly 1/3 of SG employment and businesses. This is also very different from other governments who merely see as national pride.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
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national service indeed! DBS,singtel, comfortdelgro, SIA, KEPPELCORP, more to come! :O
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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(04-05-2020, 05:01 PM)brattzz Wrote: national service indeed! DBS,singtel, comfortdelgro, SIA, KEPPELCORP, more to come! :O
ComfortDelgro not GLC or TLC leh....
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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(05-05-2020, 07:52 AM)opmi Wrote: (04-05-2020, 05:01 PM)brattzz Wrote: national service indeed! DBS,singtel, comfortdelgro, SIA, KEPPELCORP, more to come! :O
ComfortDelgro not GLC or TLC leh....
Please wiki - the merger of Comfort + Delgro, how they are started.... origins from 1970s.... (ntuc!)
1) Try NOT to LOSE money!
2) Do NOT SELL in BEAR, BUY-BUY-BUY! invest in managements/companies that does the same!
3) CASH in hand is KING in BEAR!
4) In BULL, SELL-SELL-SELL!
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(05-05-2020, 09:37 AM)brattzz Wrote: (05-05-2020, 07:52 AM)opmi Wrote: (04-05-2020, 05:01 PM)brattzz Wrote: national service indeed! DBS,singtel, comfortdelgro, SIA, KEPPELCORP, more to come! :O
ComfortDelgro not GLC or TLC leh....
Please wiki - the merger of Comfort + Delgro, how they are started.... origins from 1970s.... (ntuc!)
CDG can go bust anytime, no problem, we have grab and gojek! 
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Every 1000 shares must cough out $4500 for 1,500 rights at $3 each,
and a further $2950 for zero coupon convertible bond.
Totalling $7,450!!
Really over priced.
How on earth can you justify paying $4.77 a shares/
No profit foreseeable in the next 18 months.
No dividends
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