facebookAnyone has thoughts on SIA or palm related stocks? - Seedly

Anonymous

02 Jun 2020

Stocks

Anyone has thoughts on SIA or palm related stocks?

Happy to hear some thoughts ...

Discussion (3)

What are your thoughts?

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Been using SGX stock screener for a couple of years, and SIA had never landed in my filtered results. Looking at its financial, it got sieved out by one or more of these

  • low profit margin: was 8.5% at best in past 5 years
  • low return on equity
  • higher than average debt equity

Its a capital intensive business, highly cyclical and low margin... Difficult for me to justify holding it vs a lot of other stocks. I would be interested to compare, but I think even SBS would have a better 5 year average net margin.

For palm, I assume you mean palm oil and related. Some of those did turn up in my screening but I deliberately avoid them because
a) none of them has a Governance Transparency score more than 70
b) I am convinced they are involved in the haze we experience periodically so I just avoid them.

As a newbies,please do some research for the company before you put you hard earn money inside.You can try to use morningstar.com to do research about company financial ratio.

Singapore Airlines operates in a very competitive environment. In FY 2019, the firm has only made $4...

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