Anonymous

22 Dec 2020

∙

Singapore Airlines has spent $7.1 billion of the $8.8 billion raised in the rights issue. Is this a rebound on the way?

What do you think about SIA's future since COVID-19 happened?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Investorean

22 Dec 2020

For me, i think SIA short term is not going to do well given that they have negative cash flow now.

In addition, in nov 2020, they wanted to rescue TATA given their current situation. It is a good move with great potential in India but their own financial is depleting fast due to the huge loss from fuel hedging. Beside that, there are quite a number of aircrats due for deliver.

With many recent news of opening border to other countries, it hype up sia shares but the company will most probably be trying to recoup all the loss from covid in the next few years.

Reply

Save

Write your thoughts

Related Posts

Singapore Airlines Ltd. burned through half of the $8.8 billion raised. Is this necessary or simply poor management?

What are your thoughts on Singapore Airlines Ltd (SGX: C6L) rights issue?

I'm moving from one company to another but I don't know how to ask for a better pay raise. How do I ask for a pay raise the right way without overstepping? What traits about me should I highlight?

Do REIT ETFs behave differently from a Stock ETF during a market downturn? Are they riskier / do not have the same long-term advantages as stock ETFs due to e.g. rights issue to raise funds, dilution of shares, inability to repay loans?

I bought the Singapore Airline 5-year retail bonds in 2019, am I affected or required to do anything after the SIA's $15 Billion Rescue Package Approved by Shareholders?

Related Posts

Singapore Airlines Ltd. burned through half of the $8.8 billion raised. Is this necessary or simply poor management?

What are your thoughts on Singapore Airlines Ltd (SGX: C6L) rights issue?

I'm moving from one company to another but I don't know how to ask for a better pay raise. How do I ask for a pay raise the right way without overstepping? What traits about me should I highlight?

Do REIT ETFs behave differently from a Stock ETF during a market downturn? Are they riskier / do not have the same long-term advantages as stock ETFs due to e.g. rights issue to raise funds, dilution of shares, inability to repay loans?

I bought the Singapore Airline 5-year retail bonds in 2019, am I affected or required to do anything after the SIA's $15 Billion Rescue Package Approved by Shareholders?