Throttle2 Supersonic May 6, 2020 Share May 6, 2020 (edited) 25 minutes ago, Columbian78 said: Today, SIA shares are trading ex-rights at upto around S$5 per share. As I am typing this, it is being traded for around S$4.78. This means the share you pay $4-$5 for today is the same as the one people are going to pay $3 for a few weeks later by exercising heir rights. Things are not as simple as above, just 1 way of looking at things. Long term wise, still have to decide if this industry will recover, how long and if SIA is still worth its past. Yes, its not as simple, becos thats not quite the full picture and your numbers are incorrect. However, it is this mispricing by the market which i mentioned earlier that i take advantage of during such corporate actions Edited May 6, 2020 by Throttle2 ↡ Advertisement Link to post Share on other sites More sharing options...
Showster Twincharged May 6, 2020 Share May 6, 2020 I have never asked for help for the control over some of the best instruments. Anyway, if SIA price falls to 3 plus, who would subscribe and why? 1 Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 6, 2020 Share May 6, 2020 13 minutes ago, Enye said: agree also.....but you need to suggest to ah gong other sources of tax revenues and if the market collapses, don't ask ah gong for help 😅 Well said, free market forces is what i like. Link to post Share on other sites More sharing options...
ToyotaShuttle 5th Gear May 6, 2020 Share May 6, 2020 15 hours ago, Throttle2 said: Ok nevermind, you are missing the point with all your replies. wonder how your Boss or your co workers put up with you. Muayhahaha Simple. I work for myself 🤣 Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 6, 2020 Share May 6, 2020 36 minutes ago, ToyotaShuttle said: Simple. I work for myself 🤣 Out of point as usual and basically replying for the sake of replying. Will also add you to my ignore list from now onwards. cheers Link to post Share on other sites More sharing options...
ToyotaShuttle 5th Gear May 6, 2020 Share May 6, 2020 9 minutes ago, Throttle2 said: Out of point as usual and basically replying for the sake of replying. Will also add you to my ignore list from now onwards. cheers bye. hopefully someone can teach me how to add you as well so won't have to put up with your boasting 2 Link to post Share on other sites More sharing options...
Ash2017 Twincharged May 6, 2020 Share May 6, 2020 5 hours ago, Showster said: It's hard to be totally without income with more than 1 property, if you know what I mean... 🙂 https://www.straitstimes.com/business/property/borrowing-money-against-property-easier-now-for-retirees Over the years from my personal experience (not from my day job as a General), I found investing in properties rewarding. Other investment categories including paintings and antiques were also very rewarding. Stocks and etc, not as good as properties. I believe invest in what you are comfortable and familiar with. For me, not for everyone, I realized investing in something that I can enjoy will waiting for capital appreciation or in the meantime collecting income. As a general rule, I found no matter how cheap the property is, there is a reason why it is cheap and often you end up having to sell it cheap too. Even with different target groups, location is almost everything in property. I have to disagree about taking loans. If you are not an investor, pay in full give peace of mind. But if you are an investor, why not take a loan when the mortgage interest is lower than the fixed deposit rates. As in all investment it is all about risk versus reward. Taking a loan (with the ability to service the loan regardless of the economy) it because a leverage to multiple your wealth in multiples. Ever wondered why property developers even have deep pockets also take up loans. The worse type of investment for anyone is from hearsay without doing their research. Good luck. 2 Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 6, 2020 Share May 6, 2020 One day up, one day down. As mentioned since a month ago : buy on dips , sell into strength Huat huat huat......... muayhahahaha 1 Link to post Share on other sites More sharing options...
Windwaver Turbocharged May 6, 2020 Share May 6, 2020 23 hours ago, Throttle2 said: Just as Jessica Lanjiao, I also feel that the Govt should lower tobacco tax by 75% so that cigar smokers can be supported during this difficult period. Cigar smokers may not necessarily have cash to burn so we DESERVE some financial aid in the spirit of good mental health. Yeah, I think ask ah gong pay for all my groceries for 12 months I happy liao This Jessica London really champion. Link to post Share on other sites More sharing options...
Sdf4786k Twincharged May 6, 2020 Share May 6, 2020 Looks like SATS is firm while SIA seems to loose quite a bit C6L.SI - Singapore Airlines Limited Price. Currency in SGD 4.40 Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 6, 2020 Share May 6, 2020 (edited) 7 minutes ago, Sdf4786k said: Looks like SATS is firm while SIA seems to loose quite a bit C6L.SI - Singapore Airlines Limited Price. Currency in SGD 4.40 Can you imagine the one who bot at $5.04 lose more than 10% in one day.....haha Maybe a lot of Ah gong didnt know that its trading ex rights today and thought the price drop from $5+++ to $4++ overnight, then cheong to buy in..... muayhahaha, sometimes watch SGX stocks move, like watching a comedy Edited May 6, 2020 by Throttle2 1 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged May 6, 2020 Share May 6, 2020 20 minutes ago, Throttle2 said: Can you imagine the one who bot at $5.04 lose more than 10% in one day.....haha Maybe a lot of Ah gong didnt know that its trading ex rights today and thought the price drop from $5+++ to $4++ overnight, then cheong to buy in..... muayhahaha, sometimes watch SGX stocks move, like watching a comedy I not good in calculating the cost. So what would be the break even price to buy? . Assuming I need to buy the rights n convert? Link to post Share on other sites More sharing options...
Jamesc Hypersonic May 6, 2020 Share May 6, 2020 1 Link to post Share on other sites More sharing options...
Ash2017 Twincharged May 6, 2020 Share May 6, 2020 23 minutes ago, Sdf4786k said: I not good in calculating the cost. So what would be the break even price to buy? . Assuming I need to buy the rights n convert? too late ex-right today, that meant, if you buy tomorrow you are not entitled to any rights the theoretical ex-rights price is 4.1plus calculated based on closing price on Friday of 5.91 2 Link to post Share on other sites More sharing options...
Sdf4786k Twincharged May 6, 2020 Share May 6, 2020 3 minutes ago, Ash2017 said: too late ex-right today, that meant, if you buy tomorrow you are not entitled to any rights the theoretical ex-rights price is 4.1plus calculated based on closing price on Friday of 5.91 I see .. thanks .. no love lost .. unless Sia chiong to new highs back to 9 dollars Link to post Share on other sites More sharing options...
mersaylee Supersonic May 6, 2020 Share May 6, 2020 54 minutes ago, Jamesc said: Just another wolf at the Wall Street Link to post Share on other sites More sharing options...
Throttle2 Supersonic May 6, 2020 Share May 6, 2020 (edited) 1 hour ago, Sdf4786k said: I not good in calculating the cost. So what would be the break even price to buy? . Assuming I need to buy the rights n convert? Its a moving number depending on what price is taken as the reference. Theoretically its $4 ex rights if we follow and take the price upon announcement. but I personally use a different ref price as a peg it to my father's holdings so for him its about $4.20. he is exercising the shares rights but selling the MCB rights. Edited May 6, 2020 by Throttle2 Link to post Share on other sites More sharing options...
Ody_2004 Turbocharged May 6, 2020 Share May 6, 2020 44 minutes ago, Throttle2 said: but I personally use a different ref price as a peg it to my father's holdings so for him its about $4.20. he is exercising the shares rights but selling the MCB rights. He bought recently at $6.xx? Alot of investor I guess their avg will be much higher than $5.5? ↡ Advertisement Link to post Share on other sites More sharing options...
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