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SIA
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SIA revived
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SmallSmall
Supreme |
23-Oct-2020 15:21
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Already said buy on weakness buy on strength....$3.60 later :) | ||||
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St.Maximus
Supreme |
23-Oct-2020 15:17
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Nearing yr tp , investor999... | ||||
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SAVIORFOREVER
Supreme |
23-Oct-2020 15:05
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When analysts do upgrade to buy, what will happen normally?
Wait for results coming soon next month. Buy on weakness and sell on strength. Trade with caution no contra no short and DYODD
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SmallSmall
Supreme |
23-Oct-2020 13:28
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BUY (Upgraded) Share Price S$3.51 Target Price S$3.94 Upside +12.3% (Previous TP S$3.53) UOB Kay Hian Singapore Airlines (SIA SP) At An Important Inflection Point Upgrade To BUY Singapore&rsquo s formation of travel bubbles is likely to gain momentum in the next three months. Together with the government&rsquo s proposal to provide COVID-19 travel insurance, this reduces the risk profile of travellers. We are now more positive on cargo operations rather than the recovery in pax traffic, especially from higher freight rates when the vaccine dissemination gets underway. We now value SIA at the same P/B multiple as CX. Upgrade to BUY and raise target price to S$3.94. WHAT&rsquo S NEW &bull Singapore government to provide COVID-19 travel insurance. In what must be the first move by any country, the Singapore government announced yesterday that it will provide subsidies and insurance coverage for Singaporeans, permanent residents and long-term pass holders who develop COVID-19 symptoms within 14 days of their return. We believe this move will boost confidence in air travel, leading to more advance bookings and improving Singapore Airlines&rsquo (SIA) cash flow. &bull Singapore could roll out rapid COVID-19 testing as prelude to forming more travel bubbles. On the same day that Singapore announced the COVID-19 travel insurance, the Singapore media reported that a National University of Singapore start-up had developed a 1-minute COVID-19 breath analyser which has a greater than 90% efficacy. Singapore&rsquo s Nanyang Technological University is also developing a rapid COVID-19 test which could deliver results in 37 minutes. At present, pre-departure COVID-19 test costs about S$200 in Singapore and about US$45 in Hong Kong. If such pre-departure test costs are lower, we believe this will further incentivise travel. All in all, we are encouraged by the Singapore government&rsquo s efforts to open up Singapore&rsquo s borders to countries with low COVID-19 infections. &bull More travel bubbles likely, following announcement of travel corridor with Hong Kong. We believe the Singapore government will negotiate with Australia, China, Japan, Taiwan and Thailand to open similar travel corridors with mandatory COVID-19 testing. |
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uiop1223
Supreme |
23-Oct-2020 12:27
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Govt want face mah. And doesnt hurt their pockets
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Ligaya
Master |
23-Oct-2020 11:54
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eventually will still fly with a different slate maybe Firefly or Airasia  
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Ligaya
Master |
23-Oct-2020 11:49
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SIA is a lucky swan  
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SAVIORFOREVER
Supreme |
23-Oct-2020 11:45
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SIA still got money to survive?
Trade with ? and DYODD
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uiop1223
Supreme |
23-Oct-2020 11:30
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Survival of fittest. Those refuse to be competitive shld shut down
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St.Maximus
Supreme |
23-Oct-2020 10:57
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The bullying has stopped and the posts related to this has been removed. 
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redbull888
Veteran |
23-Oct-2020 09:22
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who bully who?
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St.Maximus
Supreme |
23-Oct-2020 09:14
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Americans can then bully China??? | ||||
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St.Maximus
Supreme |
23-Oct-2020 09:06
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There goes one big airline founded in 1947 out of which SIA evolved. Sad news if it were to cease ops. | ||||
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vicloo
Supreme |
23-Oct-2020 08:58
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MAS not getting gov help anymore... might close down
https://www.nst.com.my/business/2020/10/634350/malaysia-airlines-clarifies-liquidation-notice |
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uiop1223
Supreme |
22-Oct-2020 20:43
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Btw, those who went for the SIA meal, hows the service by stewardess? My fren told me they are not paid. Its volunteered basis. And some of them volunteer so that can show they do eca and not get laid off. | ||||
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zandlery
Supreme |
22-Oct-2020 19:20
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I think to vest, at least wait till the flight start to take off.
Now virus situation causing it to keep burning money. Enter or hold now need to anticipate bad news higher chance than good one and result in dropping further.
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zandlery
Supreme |
22-Oct-2020 19:17
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A lot of stock if survive can recover to certain point. The question is how long it take.
Tech stock look promising Airline on the other hand...... May take years.....
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St.Maximus
Supreme |
22-Oct-2020 17:32
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Not your fault. Its the virus
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SAVIORFOREVER
Supreme |
22-Oct-2020 17:15
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Really? See next month results first.
Trade with ? and DYODD
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investor999
Elite |
22-Oct-2020 16:48
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I am sorry that this share has caused so much anguish in so many. However you have to realise that the share price is very suppressed. You should be more positive that price will return to at least $4 | ||||
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