$SINGAPORE AIRLINES LTD(C6L.SI)$ and $SIA ENGINEERING CO LTD(S59.SI)$ Which one to buy? With border reopening, the aviation sector is poised to recovery, though may not be smooth.
If I have a bigger budget, I will buy both stocks since they are both beneficiary of borders openings in Singapore and other countries.
However if I have a budget of say $6000, I would invest in SỊA engineering since it has a stronger balance sheet, and a diversified essential aircraft maintenance, repair and overhaul business in Singapore and in the region.
Many carriers would need its services on aircraft maintenance to certified fit to fly safely. Hence it is first to benefit compared to SIA which is highly dependent on pax and cargo volume which is not as certain immediately.
So as a new investor who owns neither share, it is wiser to go for $SIA ENGINEERING CO LTD(S59.SI)$, especially with a limited budget to start with.
For those who already own SIA share and had some spare money, you can also consider SIA engineering to benefit for its potential dividends payout once its business turnaround.
Just sharing my views only on aviation stocks. Please do your due diligence.
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