Purpphy
2021-10-27

Great ariticle, would you like to share it?

@aaahua：
$SINGAPORE AIRLINES LTD(C6L.SI)$for those asking why it's dropping, it's not rocket science. Its evident that COVID is still rampant albeit as we are gearing towards herd immunity. We can't close borders forever so the government is working towards striking that balance between opening up and protecting the health of the people. We are have been placed on the highest health alert by the US due to the recent rise in cases and even the gov is extending the stabilization period by a month. Don't forget the bonds that SIA issued and it will take a long time before things resume to normal and Singapore airlines starts making money. For now it's all losses in the near term. In the short to mid term, prices will keep fluctuating with people riding on news of new travel lanes but the reality as we all know, it's very fragile at this moment in time. I believe if Singapore is not ready to open up, the world is not ready.
$SINGAPORE AIRLINES LTD(C6L.SI)$for those asking why it's dropping, it's not rocket science. Its evident that COVID is still rampant albeit as we are gearing towards herd immunity. We can't close borders forever so the government is working towards striking that balance between opening up and protecting the health of the people. We are have been placed on the highest health alert by the US due to the recent rise in cases and even the gov is extending the stabilization period by a month. Don't forget the bonds that SIA issued and it will take a long time before things resume to normal and Singapore airlines starts making money. For now it's all losses in the near term. In the short to mid term, prices will keep fluctuating with people riding on news of new travel lanes but the reality as we all know, it's very fragile at this moment in time. I believe if Singapore is not ready to open up, the world is not ready.

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