$SINGAPORE AIRLINES UNSP ADR EACH REPR 2 ORD (SINGY.US)$ Yes...

$SINGAPORE AIRLINES UNSP ADR EACH REPR 2 ORD (SINGY.US)$ Yes, even though June 2022 financial report was pretty favourable, however, there is still a need for SIA to cover the big hole that happened during the lock down period.

We need to see several months of strong earning and receive good dividends before SIA can confidently break through the $5.60 barrier, Singapore Market.

There are also other unknown factors, that maybe still haunting SIA, the gradual increase in Covid-19 infection, high oil price, food inflation, Russian-Ukraine war and so on.

China - Evergrande, World Giant Property Developer, is also another caused of concern, which may trigger another round of financial melt down.

Many China banks are now in distress as huge loans in trillions of dollars may have to be defaulted.

Sri Lanka bankruptcy situation, yet to be felt across the world. Don't know what's going to happen next ! Civil war, maybe !