ððð I bought $SINGTEL(Z74.SI)$
Knowing that this is my DCA monthly pick. This stock will not go wrong if you are adopting aconsistent DCA.
I'm not questioning my pick. However there is another stock that I wish I could have bought as the last pick of mine. That is...
$SINGAPORE AIRLINES LTD(C6L.SI)$
At the beginning of the Dec 2022, I thought I could have myopia bcos the recovery of SIA might be not so successful bcos China is still staunch on her Covid-19 zero tolerant policy.
A big door to the world's air travels big boy is still tightly close.
But guess what, in a short period of a few weeks, things changed. Our China big boy is saying they are rushing to open their door early 2023. What a 360 degree change in policy.
Everyone like US and Japan is apprehensive about control, about the concern the Chinese tourists will bring about an unknown surge in Covid-19 case.
But both countries did not restrict entries. Wow being afraid and totally not allow entries and controlling and setting PCS test before entires is two different interpretation of the opening up of China.
Like it or not, we have concern over spike in Covid-19 globally. But I guess everyone is hungrily waiting for tourist surges to enter their country.
By saying so, I think Singapore as well. Our Singapore girls from SQ and our flights will be ever ready to bring our planes into China to bring more tourists to Singapore.
And why not? Have we forgotten about the fear of Covid-19? I think not. But the fear of losing the biggest tourist migrations that is coming soon is higher than Covid-19. Our SIA had been bleeding for the past few years.
What a way it will be to get immediately readyand fly our planes into China airports and bring the tourists into Singapore.
Bcos we know what the tourists will bring to our Singapore economy?
What do you think?
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