Anonymous

01 Jun 2020

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What do you think SIA could have done other than adjusting to a planned rights issue?

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Tay_WenHao

31 May 2020

If they could go back in time, save up more capital and liquid cash.

Theres nothing they can do about after being hit by covid. Their flights are grounded but expenses still goes on.

Think about it as a person. Getting affected by CB, loss of income. You cant go anywhere/work but you still need to eat and spend for basic necessity. If you have no savings and you eat $100 a day for 3 months, you need $9000. Where to get that money? Answer is simple, to borrow / sell a part of your house. Thats exactly what SIA Rights is doing. Diluting their shares for money / taking on debt (MCB).

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Could someone give a simplified explanation of the economics of how the recent renounceable rights issue and issuance of MCB affect the value of SIA shares and its value as a long term investment?

For SIA Rights Issue, if I just (13/4/2020) bought 600 of their shares on SCB, will I be entitled to their Rights Issue? Considering that I'm using a custodian account. And when is the Rights Issue?

For SIA Rights Issue, such as the 'Rights Shares'. I've bought some SIA shares on 21/4/20 using FSMOne without a CDP account. Will I be able to purchase the new Rights Shares if i want to?

For the SIA rights issue, is it correct to say that investors can get some cash back if they decided to sell away their rights issue (C6L)?

I recently bought the SIA shares after the rights issued at a price of 4.40 but realised the theoretical ex-rights price should be around $4.17. What should I do?

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Related Posts

Could someone give a simplified explanation of the economics of how the recent renounceable rights issue and issuance of MCB affect the value of SIA shares and its value as a long term investment?

For SIA Rights Issue, if I just (13/4/2020) bought 600 of their shares on SCB, will I be entitled to their Rights Issue? Considering that I'm using a custodian account. And when is the Rights Issue?

For SIA Rights Issue, such as the 'Rights Shares'. I've bought some SIA shares on 21/4/20 using FSMOne without a CDP account. Will I be able to purchase the new Rights Shares if i want to?

For the SIA rights issue, is it correct to say that investors can get some cash back if they decided to sell away their rights issue (C6L)?

I recently bought the SIA shares after the rights issued at a price of 4.40 but realised the theoretical ex-rights price should be around $4.17. What should I do?