Advertisement
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?
6
Discussion (6)
Learn how to style your text
Reply
Save
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
Reply
Save
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...
Read 4 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
Moomoo Singapore
4.7
485 Reviews
From $0
MINIMUM FEE
0.03%
TRADING FEES
Custodian
STOCK HOLDING TYPE
Saxo Markets
4.5
958 Reviews
Syfe Trade
4.9
127 Reviews
Related Posts
Advertisement
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.