Just wondering if anyone knows if there are ways to buy Singapore airline stock in singapore??? Heard it from friend that it's a good time to do so, so want to check it out

i'm also interested to buy Singapore stocks from here. I have an account with rhbinvest but they told me i need to wait till 1Q 2009 before they offer buying Singapore stocks through them.

I found a site to open an account to buy stocks.
http://www.cdp.com.sg/account/create_individual.html

I wonder if there's a better and easier way?

Try CIMB, they have brokerage in Singapore.

How abaout Maybank ? Do Maybank have share account in Singapore ?

Maybank have no brokerage branch in Singapore.

Okay. I know HLe can't buy but not sure about Maybank. Thanks for the info.

But Maybank bigger than CIMB in Singapore, banking wise...

So only CIMB has??? Is it difficult to open up a trading account in singapore??

---

Added on January 1, 2009, 10:21 pmSingapore Airline stock, does it have any associated branch of the business that also is in stock market? or is it just singapore airline?

This post has been edited by T_flash: Jan 1 2009, 10:21 PM

Go to any brokerage in Singapore, a Malaysian can easily open a trading account. You can then trade via the net while being physically in Malaysia. No problems at all !

U may want to consider CIMB's online share trading system. U need to open an account with them and add a cross border trading account. With that, u can trade in stocks listed in HK, S'pore, US. Check it out at http://www.itradecimb.com

So.. what's so good about Singapore Airlines?

Are they much better than others especially during bad economic times like this?
Most transportation including all major airlines have pretty bad earnings last year and this coming year.

They just made another announcement of major flight cuts to US, Europe and Asia for this coming year..
because of major reduction in business and leisure travel.

This post has been edited by danmooncake: Jan 29 2009, 08:58 AM

They no need government to bail them out during down time. Make record profit during good time.
They have no fear in cutting cost, staff....
Sound cruel but I don't mind them do that if I am going to invest in them, not work with them.

Well, it is no different that any other well run company in this tough times.
But, what make SIA a BUY at this time?

This post has been edited by danmooncake: Jan 29 2009, 01:10 PM

Because this is a good stock that is being sold at a discount now due to the environment. And 'when the tide rises again, this ship (SIA) is sure to rise with the tide'. Or at least, this perception is very strong !!!

Some might want to have some proxy in airline business to diversify mah, this should be better than M_S I think

That M company , one golden vote is greater than 51% sharing holding in the co.

never happens in other part of the world.

Government bails out every 5 years or so. better to delist

Correct me if I am wrong.

This post has been edited by SKY 1809: Jan 29 2009, 07:30 PM

every single stock in the whole world especially US bourse is trading below their value. If this your call to buy, I think it is pretty poor on your stock analysis. Are you trading or investing? short term, long term?

SIA 2Q'FY09 FS. Take a look on their net cash position & gearing & profitability, also their aircraft etc. After seeing that, I not even bother to download M_S's FS to have a look
3Q'FY09 FS out on 10.02.09 if not mistaken. Expect for losses from fuel hedging facilities like others.
Tempting...


Attached File(s)
 NewsRelease2QFY0809.pdf ( 344.29k ) Number of downloads: 3
 SGXAnn2QFY0809.pdf ( 125.38k ) Number of downloads: 4

if you read and listen enough, you dont need to dig mas/sia account ma.

?