$SIA (C6L.SG)$ SIA, is time to show the power like SATS.. up...
$SIA (C6L.SG)$ SIA, is time to show the power like SATS.. up 0.1 today... ..
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CMLIN : What good news ….?
Small bull : won't because SATS totally different case that will bounce back. SIA will remain around these prices because it's still not profit but lost nearly $1 billion. Any real investor want to see at least profit but Aug again flat as July. All that BS ads are erased by it's financial year.
Lucky 猫 Small bull : SIA has a proven record of managing their expenditures and outstanding interest/fx risk. Their hedging portfolio against oil price and fx risk did really well. So the question is not of whether they will profit, rather when will they see green. When that happens, it is when investors profit. not when you actually get into the scene.
Small bull Lucky 猫 : They did well for the oil hedging but it's useless when oil keep going up. They don't buy oil from discounted countries like some do. So the oil hedging only compared to other expensive airlines which mainly useless because these airlines profit from domestic market. As real investor won't buy something that did not prove to profit from black and white facts unless punter gambler investors.
Ricky138 : If so, every airlines have to shut down is it when it is not making $ with oil prices going spiral. Travel will continue, irregardless, spiral oil prices will only transfer to consumers.
Ricky138 : During covid, complete shutdown, burning cash everyday. Compared to situation now, what is worse. Buying SIA is for a longer haul, not for immediate flipping. If you cannot hold, then stay away is best for you. My 2 cents worth.
Small bull Ricky138 : Do u think it's so easy to close a company? Moreover a billion $ company? Do u know what will happen if a huge company collapse?
Small bull Ricky138 : That's when it had rights issue, haha.
U are a holder for years investments. When I was busy working, I was a holder too in the past but the gain is just too small. Now I have the time to watch, why not engage more.
It's not about which is worse situation, it's about making money out of potential stocks. If no buy and sell, just sitting pot, where are the gains?
Stock Watch OP Ricky138 : Why a lot of them still don't understand they must give SIA few years.... sad hor
Stock Watch OP Small bull : If having stress looking at SIA share price, why not give this counter a miss...
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