Am I impressed with the Japanese public?..read more




Monday, 19 January 2015

SIA share price plunged

SIA nosedived from a high of $12.50 three days ago to $11.65 this morning (10:22am--300,000 shares transacted). The main reason is due to the statement made by SIA that it does not plan to unwind its hedging of fuel price at USD 116 per barrel even though the current price is below USD 50 per barrel.
The statement has shocked some of its small shareholders and many are beginning to unload their shares this morning.

I won't be surprised at the end of the day, the big boys including SIA will buy all those shares dumped by the kancheong small timers.

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SIA closed at $11.90 on a volume of 1.64 million.

15 comments:

Anonymous said...

Ya sia is very clever. Now sia will buy those shares dumped by its shareholder at a cheaper price. How scheming these buggers are.

Anonymous said...

Just not so long ago, BT and his followers were just giving themselves a pat and boasting about their predictions of how SIA is going up and doing well etc. So typical of small punters who like to boast how accurate they are when they win $10 on football matches but lost thousands

Anonymous said...

Dont understand why people panic just bcoz of the statement made by sia? Have faith in the coy and its ceo lah.

Boh Tong said...

To the second "Anonymous": so you are happy now that I am wrong? Dun talk if u dun know anything.

Anonymous said...

I know that you are the one who dont know anything. When shares are up by a bit, you will self glorify yourself. when shares drop, suddenly you keepquiet and dont dare say anymore.
As I know all along, if you so zhun in your so called predictions, you wont be where you are.

Anonymous said...

If you think SIA is manipulating the market by buying back the shares the panic herd instinct people are selling, why dont you follow suit and buy also or report SIA to SGX and MAS?

Anonymous said...

I bought 50 lots at $16 before A380 was going to be delivered as all you so called experts say will chiong past $20 aftee delivry of A380. so you think there is anything to cheer even of SIA shares cross $13!? I am still holding on to 50 lots at $16!!! Morons

Boh Tong said...

Did I say SIA is manipulating the market?
I was merely saying SIA will buy those shares sold by the panicky shareholders.

Boh Tong said...

"if you so zhun in your so called predictions, you wont be where you are"

You are not wrong to state the above. Yes I won't be blogging and getting bombarded by people like you but instead will be dealing with people of different class than your type.

Anonymous said...

Please BT don't entertain that dolt. He is condemning you in whatever you say in your blog. If I was you BT I will delete all those personal attacks against you. You have jurisdiction over which comment you would like publish or not isnt it BT?

Boh Tong said...

Yes I have the "jurisdiction" to delete any comment I want to but I believe in freedom of speech but has its limit too.

Anonymous said...

He was the one who panic & sold his shares at the lowest. Now that the price is climbing he is regretting and blame Bohtong for his woes.

Anonymous said...

This reminds me of a bapko exIFS who would condemn and critcise others than himself just because he has some money in the bank. Stop that ACT or else your pacemaker will fail to keep you alive!

Anonymous said...

Stop that ACT or else your pacemaker will fail to keep you alive!
HAHAHA lk tt c liao

Anonymous said...

Starting today shares can be traded at 100 lot instead of 1,000 lot.
Hey sia is climbing upwards to 11.91 at 1355 GMT. Guess BT is right in his assessment.