$SINGAPORE AIRLINES LTD(C6L.SI)$IBearishI am bearish about this stock at the current situation despite my love for the airlines.

China tourists are one of our largest inbound tourism. With the continued lockdown in China, this segment is greatly impacted. 

Other countries of inbound tourism are facing economic challenges, hence not many are arriving at our shores so soon. 

Our outbound tourists could be less impacted but the volume is slowly rising due to rising airfare and lesser disposable income with inflationary pressure. 

European countries are facing energy shortages due to supply chain disruptions from Russia, hence domestic problems may lessen their desire to travel. 

Covid is still lingering in almost every countries. People are still worried of stuck overseas in an emergency,less though risk takers. 

So despite SIA making some revenue, it is still not as profitable. 

So I am bearish about it despite my love for the national airline. Never fall in love with any stock is my philosophy 

Sharing my views only. Trade with your own investment principles. 

Best wishes. 



# 💰 Stocks to watch today?(05 Nov)

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  • Kiyosumi
    ·2022-08-31
    SIA faces stiff competition from other premium and budget airlines.

    Economy is not doing well now, customers may withhold spending.
    I doubt the share will go back to its original high prices

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  • Ztradee
    ·2022-08-31
    SIA can do much better than this.
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    • bernardtayet
      Agreed. But not now.
      2022-08-31
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  • highhand
    ·2022-08-31
    Another 2 quarters... then boom 💥
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  • bernardtayet
    ·2022-08-31
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  • Beautifull
    ·2022-09-04
    👍
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  • OO_898
    ·2022-09-04
    Like
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  • Siewfong
    ·2022-09-04
    Ok
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  • jellyhearts
    ·2022-09-04
    👍👍
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  • ushouldknow
    ·2022-09-03
    Dec holidays
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  • LC733
    ·2022-09-02
    Ok
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  • 企鹅大人
    ·2022-08-31
    long term view
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  • Patt_Bull
    ·2022-08-31
    👍🏻
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  • Sginvest
    ·2022-08-31
    Nice
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  • Toby_Chua
    ·2022-08-31
    [smile]
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  • CT888
    ·2022-08-31
    Yeah.
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    • bernardtayet
      Thank you for sharing similar sentiments.
      2022-08-31
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