Late Reaction to More Birds taking to the Skies?
SIA is once again splurging money, this time on improving its lounges, all this to give customers a better experience. The lounges at Terminal 3 is being upgraded at a cost of $50 million, in anticipation of increased customer flow.
It was reported in Mar that passenger flow had reach almost 50% pre-pandemic. SIA has taken steps in preparation of reaching 100% in 2023 by increasing hire of pilots and airport staff.
Yet, despite the spending and anticipation, it is not reflected in the stock price. I can only guess that perhaps it isn't that the stock market is slow but rather people are "waiting to see the money". Perhaps they are waiting for the earnings report. But surely with the confirmed increase, people would want to invest early?
What are your thoughts on this? Is the market slow to react to $SIA ENGINEERING CO LTD(S59.SI)$,$SINGAPORE AIRLINES LTD(C6L.SI)$?
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- Maxxie225·2022-05-31my guess is while travel will increase, there are doubts as to whether it will return to pre-pandemic levels so soon2Report
- Jo Tan·2022-05-31thanks for reading3Report
- lcwy·2022-05-31好👍🏻2Report
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- Jessline·2022-06-03Ok1Report
- David369·2022-05-31ok1Report
- HENRYCSC·2022-05-31G ood1Report
- Beshy·2022-05-31👍1Report
- NgSiewTeng·2022-05-31👍2Report
- 傑恩妈妈·2022-05-31继续2Report
- Alisont09·2022-05-31Nice3Report
- DEVIL25·2022-05-31👍🏻2Report
- lkyuptrend·2022-05-31dhs3Report
- Sun3333·2022-05-31good.2Report
- Boein3G·2022-05-31good4Report
- Ying827786·2022-05-31hi1Report
- Ed_G·2022-05-31Ok2Report
- HenryHTS·2022-05-31ok1Report
- Boein3G·2022-05-31v2Report
- Aurum·2022-05-31Ok1Report