Lemsicals
2023-08-15
$SINGAPORE AIRLINES LTD(C6L.SI)$ Mistake to think that other airlines ramping up capacity automatically means that SIA won't still be able to continue its rising trajectory. Stock should be $11+ not declining. So long as SIA continues to connect itself as a luxury premium brand, demand elasticity remains consistent irrespective of price elasticity of supply. I simply don't understand the logic behind the latest hold ratings by some of these so-called experts. 
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