$SIA (C6L.SG)$ Already mentioned so many times, it will be o...
$SIA (C6L.SG)$ Already mentioned so many times, it will be on upwards trajectory when border reopen. But please do not expect miracle. Afterall, SIA is not making profits yet. It is not yet in the clear blue skies but it is still in the tunnel with light on the other end. Customer restriction is still at 3k for its VTL arrangement . Crude oil is getting expensive. Still many factors to consider. My take is that current price level is slightly on the higher end, i more comfortable at the range of 5.25 to 5.4 Only my 2 cents worth.
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102983816 : Agreed , the elavated oil price Is a another killer to SIA. Before Covid, Sia is already not makiNg much profit and sometime negative profit.
TaMA_ChaN : When they are flying high, it was around $11.
Even getting it now for $5.5 and it raise to ‘normal of $9’ is a god deal. But it may take 1-2 years, why not just put as future investment….
Gosu8888 TaMA_ChaN : Those previously holding on at $10 and above after seeing your msg will be damn sad.
Ricky138 OP TaMA_ChaN : eventually if you are in for the long long term, SIA will definetly be on that upward trajectory.I have no issue with it.
Ricky138 OP Gosu8888 : those that are holding on at $10 should be smart enough to average down.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
TaMA_ChaN Gosu8888 : This is the time to lower the average, half if you can for long term….
Gosu8888 Ricky138 OP : Some may not have enough capital as such they can only hold.