Wei_118
2021-05-31

$SINGAPORE AIRLINES LTD(C6L.SI)$ This is definitely a recovery play post pandemic BUT there are so much uncertainties in Asia now due to the surging covid variants. Am not sure SIA business outlook can justify its current stock price? Is the recent price gain link to the upcoming fund raising exercise to entice higher takeup rate ? Probably no answer but when in doubt, stay away.

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Comments

  • BrokeFreshie
    2021-05-31
    BrokeFreshie
    Agreed. Malaysia lockdown, Vietnam found new variant, thailand cases flew. Resurgence across many countries, opening up just puts us in more risk. Could be pump n dump, at the mercy of big investors.
  • Messiah Markets
    2021-05-31
    Messiah Markets
    but we will fly hahaha….
  • Messiah Markets
    2021-06-01
    Messiah Markets
    nope
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