At What Price Will You Bottom SIA?

Singapore Airlines shares plummeted by 9% in Wednesday's trading session. The company reported a quarterly net profit that fell short of expectations and highlighted concerns about heightened competition in the airline industry as air travel rebounded post-Covid restrictions. ------------------- How do you view the plunge? Will the decline continue? What's your target price for Sinapore Airlines?

avatarKhooec
05-23
$SIA(C6L.SI)$  It didn't drop much tho.[Eye]  Was expecting to buy in more today. The news come out a day after and just nice Vesak day the market was closed, they do have enough time to do the service recovery and strengthen investor confidence[666]  Well done. 👍 

Singapore Stocks to Watch: SIA, First Sponsor, Sasseur Reit, First Reit, TalkMed, UOI

The following companies saw new developments that may affect trading of their securities on Wednesday (Feb 21):Singapore Airlines (C6L): Singapore Airlines Ltd. (SIA)’s profit climbed in the third quarter as booming travel demand boosted ticket sales that helped the carrier’s bottom line.Net income rose 5% from a year earlier to S$659 million ($490 million) in the three months ended Dec. 31, the company said in an exchange filing Tuesday. Revenue rose 5% to an all-time quarterly high of S$5.1 billion. Net fuel costs, after hedging, increased 9.1%.“The demand for air travel remains healthy,” the carrier said in the statement, referring to the recent and new fiscal quarter, adding that “forward sales continue to be robust.”In the first nine months of the financial year, net income climbed 35
Singapore Stocks to Watch: SIA, First Sponsor, Sasseur Reit, First Reit, TalkMed, UOI
avatarchaicka
02-22
$SINGAPORE AIRLINES LTD(C6L.SI)$  The sudden share price surge in 2024 has been unsustainable when financial report is released hence sudden dip to return it to realistic price point. Despite volatility ahead, IMHO, SIA should have room to further improve on granular levels and compete with competitors and as such, $6.00 is likelihood too undervalued to bottom out at[Smile]  
avatarMaxGain
02-22
$SINGAPORE AIRLINES LTD(C6L.SI)$  It's gonna crash and likely to hit SGD 5 price point or lower given the current economic climate a how costs have impacted its profitability. Most will choose budget or other cheaper airlines. The prestige and so called 'safety and comfort' is no longer a factor. Unlikely to recover as well. 
avataramroui
02-25
$SIA 5xShortUB250530(V6QW.SI)$ DLCs are a great way to hedge against, or even earn from $SINGAPORE AIRLINES LTD(C6L.SI)$  price movement down. I didn't buy a lot, but a 25% to 30% profit from the post earnings drop did bring some comfort to the paper loss I experienced from my long position. I think the price will eventually stabilize between $6.40 to $6.50, but it might go lower first before stabilizing as movement of SG blue chip stocks tend to go on longer than other markets haha[Facepalm]   I might reopen a position on this DLC when market opens if the drop hasn't stabilized yet[Victory]  
$SINGAPORE AIRLINES LTD(C6L.SI)$   I used to own some SIA shares.  Personal view: Air travel will still continue for the future. Business may still be profitable. But I have been hearing of people complaining about the high prices of air tickets. People may choose other airlines to have better savings over comfort Expenses wise. High chance that fuel costs will keep increasing and will lower the income
avatarKongSH
02-22
$SINGAPORE AIRLINES LTD(C6L.SI)$  have read many negative feedback on SIA services on their facebook page.. if they are able to make improvement on those shortcomings, the revenue and profit shld bounce back and the share price shld go up again. However, if they do not improve, then their profit might fall even further
avataralanyeo
02-21

DBS: Singapore Airlines Ltd – More updates following the ana

The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.   https://alphaedgeinvesting.com/2024/02/21/dbs-singapore-airlines-ltd-more-updates-following-the-analyst-briefing/ ‌$SINGAPORE AIRLINES LTD(C6L)$  
DBS: Singapore Airlines Ltd – More updates following the ana
avataralanyeo
02-21

CIMB: Singapore Airlines – Hold Target Price $7.30

The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.  https://alphaedgeinvesting.com/2024/02/21/cimb-singapore-airlines-hold-target-price-7-30/ ‌$SINGAPORE AIRLINES LTD(C6L)$  
CIMB: Singapore Airlines – Hold Target Price $7.30
$SINGAPORE AIRLINES LTD(C6L.SI)$  Technically, on the daily chart, it definitely looks pretty bearish. If today's level can hold, it may rebound a little in the next few days. Otherwise, wait for $6 to see if it offers a good support.
avatarTATAN
02-23
$SINGAPORE AIRLINES LTD(C6L.SI)$  It continues its recovery trajectory. Will buy the dip when able. While increase competition is expected, it continues to be a premium product for those who can afford it. 
$SINGAPORE AIRLINES LTD(C6L.SI)$ announcement emergency landing 🚨 🛬 
avatarMaxGain
02-21
$SINGAPORE AIRLINES LTD(C6L.SI)$  Like to see it back below SGD5 a share before taking up a position. Need more PAPER HANDS AND PANIC SELLERS.
$SINGAPORE AIRLINES LTD(C6L.SI)$  small setback for SIA. Don't listen to the analysts. They are usually paid to paint a certain narrative for the BBs behind them...
avatarNightKL
02-21
$SINGAPORE AIRLINES LTD(C6L.SI)$  it's a good time to buy in more , stable stock.
$SINGAPORE AIRLINES LTD(C6L.SI)$ definitely will touch $6. The company see challenges ahead so we should see stock price react accordingly.
$新加坡航空公司(C6L.SI)$  landed .. [开心]  
avatarwearemm
03-02
$SINGAPORE AIRLINES LTD(C6L.SI)$  I think there's space for further decline to below $6. But any buys below $6 will be attractive.
$SINGAPORE AIRLINES LTD(C6L.SI)$  Joke...I thought my app hang or smth, the decrease is almost 10%
$SINGAPORE AIRLINES LTD(C6L.SI)$  it needs to go bearish again in order to bull further. Time to build arsenal again.