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$SIA (C6L.SG)$ i felt everyone will agree that air travel wi...
$SIA (C6L.SG)$ i felt everyone will agree that air travel will resume, improvement in financial numbers of SIA will happen. The only debatable issue at hand is the entry point for SIA. Some say buy at 4.3, some say buy at 4.65 and some say any price between 5 to 5.1, personally i felt if you believe in the upward trajectory of the share price, you can buy into SIA. For a day trader, they of course will want to buy at the lowest and offload as soon as possible. For others with a longer view, the current price is still acceptable as their TP horizon will be about $7 or even prior to precovid trading price.
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HongZai08 : Agree, believe in your own vision, and develop slowly in the long run
Meng PaPa : Very optimistic approach. Very fruitful opinion. Unfortunately, Covid-19 is here to stay and I believe its going to be a long stay. The world cannot just sit down and lock down the borders forever. The world leaders will all have to work out a solution so as to open up the borders somehow. I, therefore, fully agree with you that SIA will climb to $7 or more. The debatable question is the time. We need more concrete ground to see justifying price. Example, yearly and quarterly financial report rather than good news. Good news doesn't seem to move the market anymore. I am just sharing my opinion only.
Ricky138 OP : Why good news never move SIA is bcos those good news have already factored in during the last run up from 4.78 to 5.1 . but at this stage when we entering SIA, we are pre-empting the next mover news when Singapore has finally show the world covid is endemic and qe are a working model of how we deal with the virus.
Ricky138 OP : i looking forward to see SIA leapfrog our Asian counterparts and grab a bigger market share in the world. Prior to covid, we have many fierce competitors, hope with this pandemic, we can forge further ahead. Afterall, a stronger SIA will boost our domestic economy. 加油
Happy-You77 : Share price will only on upward trend when SIA resumes giving out Dividend. My 2 cents worth opinion.
jeannie72 HongZai08 : It's necessary. I personally think it represents this country![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")