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At What Price Will You Bottom SIA?

Singapore Airlines shares plummeted by 9% in Wednesday's trading session. The company reported a quarterly net profit that fell short of expectations and highlighted concerns about heightened competition in the airline industry as air travel rebounded post-Covid restrictions. ------------------- How do you view the plunge? Will the decline continue? What's your target price for Sinapore Airlines?

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    • KhooecKhooec
      ·2024-05-23
      $SIA(C6L.SI)$  It didn't drop much tho.[Eye]  Was expecting to buy in more today. The news come out a day after and just nice Vesak day the market was closed, they do have enough time to do the service recovery and strengthen investor confidence[666]  Well done. 👍 
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    • wearemmwearemm
      ·2024-03-02
      $SINGAPORE AIRLINES LTD(C6L.SI)$  I think there's space for further decline to below $6. But any buys below $6 will be attractive.
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    • amrouiamroui
      ·2024-02-25
      $SIA 5xShortUB250530(V6QW.SI)$ DLCs are a great way to hedge against, or even earn from $SINGAPORE AIRLINES LTD(C6L.SI)$  price movement down. I didn't buy a lot, but a 25% to 30% profit from the post earnings drop did bring some comfort to the paper loss I experienced from my long position. I think the price will eventually stabilize between $6.40 to $6.50, but it might go lower first before stabilizing as movement of SG blue chip stocks tend to go on longer than other markets haha[Facepalm]   I might reopen a position on this DLC when market opens if the drop hasn't stabilized yet[Victory]  
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    • Maverick1978Maverick1978
      ·2024-02-24
      $SINGAPORE AIRLINES LTD(C6L.SI)$  
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    • bluepiggiesbluepiggies
      ·2024-02-24
      $SINGAPORE AIRLINES LTD(C6L.SI)$  
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    • SamC3SamC3
      ·2024-02-23
      $新加坡航空公司(C6L.SI)$  
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    • TATANTATAN
      ·2024-02-23
      $SINGAPORE AIRLINES LTD(C6L.SI)$  It continues its recovery trajectory. Will buy the dip when able. While increase competition is expected, it continues to be a premium product for those who can afford it. 
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    • LogMyTradeLogMyTrade
      ·2024-02-23
      $SINGAPORE AIRLINES LTD(C6L.SI)$  Technically, on the daily chart, it definitely looks pretty bearish. If today's level can hold, it may rebound a little in the next few days. Otherwise, wait for $6 to see if it offers a good support.
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    • RoginotcoolRoginotcool
      ·2024-02-23
      $SINGAPORE AIRLINES LTD(C6L.SI)$  
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    • pradeepmodipradeepmodi
      ·2024-02-23
      $SINGAPORE AIRLINES LTD(C6L.SI)$  not likely 
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    • MaxGainMaxGain
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  It's gonna crash and likely to hit SGD 5 price point or lower given the current economic climate a how costs have impacted its profitability. Most will choose budget or other cheaper airlines. The prestige and so called 'safety and comfort' is no longer a factor. Unlikely to recover as well. 
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    • AlternativeAlternative
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  small setback for SIA. Don't listen to the analysts. They are usually paid to paint a certain narrative for the BBs behind them...
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    • AndrewHAndrewH
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  I am having high hope for SIA this year. 
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    • NickeandoNickeando
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  Definitely SIA will hit towards $6 
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    • SweetieLookSweetieLook
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  Moon
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    • KeithwjfKeithwjf
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  
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    • RogskywalkerRogskywalker
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  
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    • jtanxyjtanxy
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  
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    • chaickachaicka
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  The sudden share price surge in 2024 has been unsustainable when financial report is released hence sudden dip to return it to realistic price point. Despite volatility ahead, IMHO, SIA should have room to further improve on granular levels and compete with competitors and as such, $6.00 is likelihood too undervalued to bottom out at[Smile]  
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    • BK99BK99
      ·2024-02-22
      $SINGAPORE AIRLINES LTD(C6L.SI)$  
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