Transition to Dorscon Green, Singapore Reopening Beneficiaries

diggydog
2023-02-10

Feb 13 marks the end of pandemic restrictions, a day before Budget 2023. Masks no longer mandatory, shift to Dorscon Green, and cessation of the multi-ministry task force, highlights the receding threat of COVID-19 in Singapore.

While the news is unlikely a gamechanger for tourist arrivals and retail sales, it nevertheless completes Singapore's transition to normalcy.

Passenger traffic at Changi Airport has recovered to 80% of pre-COVID.

Further recovery should take hold with the return of Hong Kong and China tourists as they made up c.21% of visitor arrivals in 2019.

They are also in net cash position, that's a big plus in this high interest rate era. Net cash is a measure of a company's liquidity - its ability to quickly meet its financial obligations. Investors can use net cash to help determine whether a company's stock is an attractive investment.

Aviation-related: $SINGAPORE AIRLINES LTD(C6L.SI)$ 

Public transport: $COMFORTDELGRO CORPORATION LTD(C52.SI)$ 

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Comments

  • bernardtayet
    2023-02-21
    bernardtayet
    Long term investors can consider these 2 stocks. Traders, trade with care. Slow moving forward.
  • psk
    2023-02-10
    psk
    thanks for sharing
  • icycrystal
    2023-02-11
    icycrystal
    thanks for sharing
  • LIMKT
    2023-02-13
    LIMKT
    ok
  • YWTan
    2023-02-12
    YWTan
    šŸ‘
  • Heng12345
    2023-02-12
    Heng12345
    a
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