Good
Transition to Dorscon Green, Singapore Reopening Beneficiaries
@kungpao：
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: $COMFORTDELGRO CORPORATION LTD(C52.SI)$
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Like
Report
Login to post
No comments yet