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$SIA (C6L.SG)$ This will definitely be the unpopular comment...
$SIA (C6L.SG)$ This will definitely be the unpopular comment, but if you're buying here around $8, you're gonna be bagholding while it pulls back 10% to 20%.
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102351965 : 28 cents payout per bag in 45 days time… u got more of those bags?
Lovely_Moo : Hard to imagine pullback of 10%-20% (that is 0.8 to 1.6 dollar from $8 to be 6.4-7.2 dollar). Not that much, I think. 5-7% maybe. But I agree that people need disgression to buy at this level up.
HowToWin OP :
HowToWin OP : 28 cents dividend announced on 16 May, closing price of 5.92. It's up $2/share since then. U can hold them bags if you want, I collected multiple times the dividend that you gonna receive in 45 days
HowToWin OP Lovely_Moo : yeah, don't get me wrong, SIA is looking fantastic if you can pick it up at $6.50 or even $7
Lovely_Moo HowToWin OP : Right, totally agree with that.
102351965 : I actually thought the value is at $7, hence I start trading once it breach past that. But past week… I really not sure anymore. I view it (as a noob) as 3.5% return FD @$8. Tho I would also agree that it gets here too fast for my liking
Smackerboy : alot ppl selling at 8.xx just now
ZnWC : I heard similar comment a month ago when share price just hit SGD 6. Back then so called experienced traders use TA indicators highlighting that the stock is overvalued and overbought. Some even quote Warren Buffett selling airlines share in year 2020.
Bull Run : Good for bargain hunting another time before it reach 9
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