Grab vs Singapore Airlines
I was comparing these 2 stocks, $SINGAPORE AIRLINES LTD(C6L.SI)$and $Grab Holdings(GRAB)$one not very good reputation as a business, the other, a bedrock company in Singapore.
Both of course have certain things in common. Both are heavily in debt, no thanks to Covid-19. In addition, although there is light at the end of the tunnel because of:
1. Easing of Covid-19 measures.
2. Increased flow of passengers.
3. Lack of support staff/drivers which will increase capacity when these factors increase.
Yes, the market is also skeptical on how fast they can bring in profit and the increased business is not attractive to them. Yet it is apparent that their business will increase.
No doubt, the next milestone for both companies lies in their earnings report but I must say that Singapore Airlines is making headlines because they are increasing their infrastructure and staff. Both have reported that results can be seen in 2023. What do you think?
@TigerStars@CaptainTiger@MillionaireTiger
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or you can buy SIA ticket fly back and takw grab home
Thank