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Is it time to invest a little into SGX: C6L SIA shares as prices has fallen below SGD$9?
Pros and Cons? Anyone else planning to go in?
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I wouldnt recommend SIA because as people say it is a CAPEX heavy and yet revenue competitive industry. While SIA has been able to maintain a profitable main carrier profits, it has upcoming capex of 3 billion which is 20 times higher than its annual profits.
SIA is going to be restricted in giving out dividends and has to recognise a high depreciation cost soon. And it cant raise its revenue at will due to competiiton from qatar and Emirates
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Bjorn Ng
20 Jan 2020
Business Analyst at 10x Capital
I think you need to ask yourself why do you want to invest in SIA. Prices are just a reflection of t...
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Caution on SIA due to the recent bushfire in Australia (lower load) and the B737 Max issues/compensation.
We had seen Turkish Airline getting compensated USD 9.4 million each for their B737 Max, but the compensation depends on various factors. Boeing can also offer more discounts on SIA future aircraft orders. The longer this drag, the less optimistic it looks.