amroui
2022-08-15

$SINGAPORE AIRLINES LTD(C6L.SI)$ one of the most exciting stock in SGX currently. Wondering how long will the growth sustain [Thinking] comparing with its price at the start of 2020, there's still an 18% upsideto fill. For passenger volume, the latest report of 2.1 million is still far from Jan 2020's level of 3.3+ million across the entire SIA group.

But there are differences in context comparedto 2020. For one, cost is much higher now. Inflation and higher demand for aviation skilled labor will continue to erode earnings. At the other end, price has to remain competitive to continue sustaining its growth in demand.

That said, SIA is still well placed to weather the storm (or economic recession). Barring a pandemic lockdown that affected the entire industry, SIA's debt to equity ratio (courtesy of simplywall.st) of ~51% is similar to Jun 2019 and it feels like the risky debt-laden pandemic fears are well and truly behind it. 

SIA Group Flies More Than 2 Million Passengers in July, First Time Since Pandemic

FLAG carrier Singapore Airlines (SIA) carried 2.1 million passengers on a group level in July, marki
SIA Group Flies More Than 2 Million Passengers in July, First Time Since Pandemic
# SGX Stocks Opportunities

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  • melson
    ·2022-08-28
    all these pent up desire to travel is going to boost tourism during the holidays
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    • melsonReplying toamroui: 
      have a nice trip
      2022-08-28
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    • amroui: 
      Haha yes and I’m contributing to it [LOL] flying on Scoot to Australia in Sep! [Grin]
      2022-08-28
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  • suthanb4u
    ·2022-08-16
    One of the existing stock.. But prices are stagnated at 5.4 for a while... Expecting it to reach $11 mark soon.. 😜
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  • XantheJuliana
    ·2022-08-16
    What's your target price of C6L?
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    • Lionel8383Replying toamroui: 
      Wow thats 29% upside from current price of $5.40.
      2022-08-16
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    • amroui: 
      [Thinking] haven’t thought thru it yet. Gut feels it can’t go beyond $7 this year, but i believe volume will continue to pick up, so i think the price will still make steady progress [Victory]
      2022-08-16
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    • amrouiReplying toamroui: 
      Haha $6-7 is a very wide range [LOL] gut feel only, pls continue to do your own due diligence [Victory]
      2022-08-16
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  • EvanHolt
    ·2022-08-17
    I believe the management of C6L.SI can solve these problems.
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  • PandoraHaggai
    ·2022-08-17
    The airline industry is coming back and I have a lot of confidence in it.
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  • BellaFaraday
    ·2022-08-17
    The worst is over for SIA, isn't it?
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  • MortimerDodd
    ·2022-08-17
    Operating costs are also a big concern for me.
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  • Maria_yy
    ·2022-08-17
    Inflation has had a real impact on it.
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  • Trainman
    ·2022-08-16
    you can do better than this. 👍
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  • familoveyou
    ·2022-08-16
    I will recommend to buy C6L.
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  • YorkTurner
    ·2022-08-16
    Singapore airline is a good buy.
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  • osjusti
    ·2022-08-16
    more upside ... gogogogo
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  • MirandaTT
    ·2022-08-15
    Agreed. SIA has a bright future
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  • JaiVenky
    ·2022-08-15
    rockinggggg
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  • keaty
    ·2022-08-16
    👍
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  • YTigger
    ·2022-08-16
    like
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  • Ivan84
    ·2022-08-15
    Read
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  • QQ_investor
    ·2022-08-15
    Thk
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  • Carolir
    ·2022-08-15
    Nice
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  • WinsonLua
    ·2022-08-15
    kk
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