Singapore Airlines (SIA)
Asked on 06 May 2020
Wow... this is a tough cookie. The best advice I would have given was to cut loss before it went XR. Now you have 2 options
If you don't want your shares to get diluted, you can fully subscribe to the rights and MCB.
Let it be and invest in other stocks that are fundamentally stronger and will recover faster than airlines when COVID-19 is over
Personally, I'd recommend you to do the latter because it doesn't make sense to keep diging deeper into the hole that is already very far from the ground.
Good luck and cheers !
With the economics and realities facing airlines for this and next few years, why throw good money in after bad money ?
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