Oil is going up!!!
Continue to fall!!!
from ocbc. For 9MFY17, core PATMI grew 20.0 per cent yoy to S$378.5 million, and formed 85.3 per cent of our FY17 forecast
finally falling haha
SIA itself less of its sub is not doing well...... the surprise this Q is SIA cargo performing extremely well. else the overall results will be terrible.... Competition is stiff nowadays especially long haul where the Arab Airlines are competing aggressively. Budget are doing ok if u ask me but the profit margin are thin so I think SIA need to find new source of revenue...if not I dun realli see how it can go back to its glory days.....
Reply to @joehigashilee : going up again haha..........reali can't fight the tide..........
surprised SIA surge today.........but i still hold the view it is going down and soon.... shld fall below $9.60!!
Reply to @joehigashilee : Yeah. I'm surprised too. I'm watching this counter as well. U think will down again at 9.60?
i thought low oil is suppose to be good for transport companies like CDG and SIA?
quite surprised with the bullish... doesn't make sense.. but chiong ahh.. lol
Bullish action today.
cheong up v green today. That's unexpected
Reply to @desmondsim : Ya Loh !opposite effects
Sia 3rd qtr net profit drop 35.6%. Likely to see further selling dw pressure. It may go dw to test $9.60 then $9.50.
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