Should Singapore Airlines still a good choice after a YTD 15% increase?
Since the doubling of capacity and historic high profits in the super-strong 2023 fiscal year (ending March 31, 2023), $SINGAPORE AIRLINES LTD(C6L.SI)$ stock price has risen more than 7% in the five trading days after the financial report released, reaching a new high since the pandemic low point in 2020. A recovery of Covid-19FY23 (April 2022 to March 2023) SIA record revenue of SGD17.78 billion, a YoY increase of 133%; operating profit of SGD2.69 billion, an increase of SGD3.3 billion YoY; net profit of SGD2.16 billion, an increase of SGD3.12 billion YoY.Total expenses were SGD15.01 billion, with fuel costs increasing by 147% YoY due to rising oil prices to reach SGD5.96 billion; however, excellent hedging transactions won back SGD750 million
Nio$NIO Inc.(NIO)$$NIO Inc.(NIO.SI)$$NIO-SW(09866)$ stock price has slipped around 21.81% in the last month and around 6.27% year to date over the charts. This shows the decline of NIO shares and the thrashing hopes of NIO investors. However, after the release of Q4 earning reports of Nio Inc stocks. Nio share price has claimed some promising records suggesting return of NIO stocks to upper level.However, NIO shares tried to surge out of the previous consolidation phase but couldn’t sustain at the upper price range and started rallying downwards. Which led the NIO share price to slump below the consolidation phase. This time reports
Airlines soar by upward revision, should invest more?
Airlines were the biggest winners in the Jan. 12, with$American Airlines(AAL)$ leading by soaring 9.71%, and others gained more than 2%. $U.S. Global Jets ETF(JETS)$Airlines is one of industries that announced earnings early. Q4 performance are in a week or two, but American Airlines updated its guidance, Revenue surpass Q4 2019, with an increase of 16-17%.Higher than previously expected 11-13%, also beat pre-pandemic 19Q4.Adjusted EPS is expected to be $1.12-$1.17. twice than the previous estimate of $0.50-$0.70, is also way higher than the market expectation consensus of 0.58 US dollars;Adjuste
$SINGAPORE AIRLINES LTD(C6L.SI)$As we know SIA is the only airline for Singapore and our government has full support for the company. In the long run it will appreciate slowly. Can buy some shares to keep and you will see profit by year end.
Should Singapore Airlines still a good choice after a YTD 15% increase?
Since the doubling of capacity and historic high profits in the super-strong 2023 fiscal year (ending March 31, 2023), $SINGAPORE AIRLINES LTD(C6L.SI)$ stock price has risen more than 7% in the five trading days after the financial report released, reaching a new high since the pandemic low point in 2020. A recovery of Covid-19FY23 (April 2022 to March 2023) SIA record revenue of SGD17.78 billion, a YoY increase of 133%; operating profit of SGD2.69 billion, an increase of SGD3.3 billion YoY; net profit of SGD2.16 billion, an increase of SGD3.12 billion YoY.Total expenses were SGD15.01 billion, with fuel costs increasing by 147% YoY due to rising oil prices to reach SGD5.96 billion; however, excellent hedging transactions won back SGD750 million