$SIA (C6L.SG)$ SIA fell after reaching 7.38, within my 7.30-...
SIA fell after reaching 7.38, within my 7.30- 7.40 range.
Although SIA recorded a 4.9% y-o-y net profit of $659 mil, operating profit decreased 19.3% y-o-y. The shares dropped after earnings missed expectations and were downgraded by analysts.
RSI was also very overvalued at over 80.
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bullrider_21 OP : Shares were sold off after running up ahead of earnings. Sell on news.
bullrider_21 OP : SIA dives 9.4% after Q3 results disappoint, erasing 3-week gain. Shares had surged from around 5.78 to 7.38 in 4 months.
com.sg/companie...
102877280 : dear analysts, can u be more gentle when u put your expectations on SIAL....at least to make everyone happy...lol
123456FEDCBA bullrider_21 OP : Will it drop below 5.74?
bullrider_21 OP 123456FEDCBA : It may be possible in the months ahead.
soyabean89 : wah polar opposite of s51...
bullrider_21 OP soyabean89 : SIA is finished with its rise, while Seatrium is finished with its fall.