Singapore Airlines

Re: Singapore Airlines

Postby behappyalways » Mon Oct 05, 2020 1:07 pm

SIA to hit 15% of usual passenger capacity by end-2020, more flights in Oct., Nov. & Dec.
https://mothership.sg/2020/10/singapore ... -capacity/
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Re: Singapore Airlines

Postby behappyalways » Tue Oct 20, 2020 3:28 pm

SIA to use $1.8 bil from rights issue proceeds for ticket refunds, ongoing operational expenses and debt service
https://www.theedgesingapore.com/news/a ... penses-and
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Re: Singapore Airlines

Postby behappyalways » Sat Nov 07, 2020 5:25 pm

SIA reports 1H net loss of $3.47 bil on non-cash impairment and 'sharp drop' in passenger carriage
https://www.theedgesingapore.com/capita ... -passenger


SIA reports first half net loss of S$3.5 billion, plans to raise additional S$6.2 billion by issuing bonds
https://mothership.sg/2020/11/sia-repor ... 5-billion/
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Re: Singapore Airlines

Postby winston » Wed Nov 11, 2020 9:22 am

not vested

WEAK 1HFY21 BUT LIGHT AT THE END OF THE TUNNEL

S$1.3b of aircraft impairment loss
Monthly cash burn reduced to S$300m
No interim dividend was declared

Singapore Airlines’ (SIA) 1HFY21 results were significant below Bloomberg’s consensus and our forecasts.

1HFY21 revenue fell sharply to S$1.6b (-80.4% YoY) due to weak passenger flown revenue, partially offset by higher cargo and mail revenue.

PATMI reversed from a profit of S$205.6m in 1HFY20 to a record loss of S$3.5b in 1HFY21 on the back of weak operating performances, fuel hedging ineffectiveness and impairment loss.

All passenger airlines reported operating losses in 1HFY21 on subdued travel demand.

The announcement on vaccine by Pfizer and BioNtech is a positive news for travel related stocks. With the lack of domestic market, however, we expect SIA to recover at a slower pace.

We expect a recovery to pre-Covid-19 levels in FY24, assuming a vaccine will be widely available by mid-2021.

Our fair value estimate increases slightly from S$3.50 to S$3.70, based on P/B multiple of 0.72x.

Source: OCBC
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Re: Singapore Airlines

Postby helios » Sat Jan 09, 2021 6:08 pm

possibly to buy now (?)
price target 5.0 (??)
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Re: Singapore Airlines

Postby behappyalways » Mon Feb 08, 2021 2:16 pm

SIA plunges into 3Q loss of $142 mil as air travel demand 'severely constrained'
https://www.theedgesingapore.com/capita ... onstrained
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Re: Singapore Airlines

Postby helios » Wed Apr 14, 2021 1:22 pm

Seeing this to correct, if it is possible to buy now < 5.30 (?) and hold until end of this year to price target > 6.0 ???
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Re: Singapore Airlines

Postby helios » Fri Apr 16, 2021 2:56 pm

Just bought 2,000 @ 5.35 today ~~ will aim to trade out next 2 months thereof.
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Re: Singapore Airlines

Postby behappyalways » Tue May 25, 2021 2:05 pm

Singapore Airlines to raise $6.2 bil via MCBs following $4.27 bil net loss for FY20/21
https://www.theedgesingapore.com/capita ... oss-fy2021
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Re: Singapore Airlines

Postby helios » Sun Jun 06, 2021 2:19 pm

Averaging and now holding 10.5k shares; not vested in MCB. Intend to trade out by year end.
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