SIA went ex-rights today and there was some pretty weird action in its share price which I can’t seem to understand. I have previously written this article: SIA Rights Issue: Debunking the complication behind the Math. In that article, I tried to “simplify” the seemingly complicated SIA rights issue announcement and more importantly, look to … Read more
Brief background summary By now, most of you would probably have been aware of Singapore Airlines’ (SIA) plight and the need to do a massive fund-raising exercise, fully-backed by Temasek. This means that if Singaporeans are not willing to support our national carrier by subscribing to those new shares, Temasek will come in to backstop … Read more
Singapore Airlines (SIA) is set to announce its 2QFY20 results after market hours today. Here is what to expect. Passenger business SIA’s passenger business is expected to remain relatively robust. According to a UOB brokerage report on 17 October, the analyst is expecting operating improvement on both a YoY and QoQ basis for the airline. … Read more
