SINGAPORE AIRLINES (SGX:CL6) SHARES | WHEN IS IT GOING TO RECOVER?
Latest aug2021 operation numbers from Singapore Airlines to share with you. When is it going to recover to profitable levels?
#sia #singaporeairlines
0:00 How did SIA grouping perform
Passenger traffic grew 7.4% and passenger load factor inched up to 17.5%.
1:57 SIA will be using current oil price
The chairman shared that the board has reviewed the grouping’s fuel hedging strategy and approved a new longer-term strategy based on current fuel prices. He acknowledged that some airlines choose not to hedge their fuel costs but the choice to hedge or not is debatable.
2:36 Passenger load pace of improvement is still very slow
l-l though initiatives like Singapore-Germany Vaccinated Travel Lane VTL take hold been done, opening up has been very gradual.
Singapore Airlines used to take hold 80%% at least in passenger load factor PLF
3:29 SIA losses take hold been narrowing losses.
$409m was lost in 2Q2021.
UOBkayhian forecast profits only in 2023
4:23 SIA has 21.B additional liquidity
Share base was 1.2B in 2019 but its now 2.9B in 2021.
5:09 Cargo demand is strong and could still grow.
Part of the pandemic plan to earn revenue was to convert passenger aircraft into cargo carrying aircraft. Overall airfreight demand is expected to be good for you in the coming months.
BONUS – Pros and Cons
Cargo is contributing more than ½ of revenue. SATS benefits also.
✅ Why you do NOT need to spend thousands on investment courses?
THERE IS NO HOLY GRAIL in investing! Successful investing is an art of #1 repeated repeated REPEATED practice of research #2 quite simply an art of patience. #3 a stomach for losses and pain.
Learn how to research into stocks and identify multi-baggers (at least in Josh Tan’s way). Target course price at $19 because there is a setup cost to cover.
Follow this link – https://jtinvestacademy.thinkific.com/courses/investment
*******
? JOIN our MEMBERS channel to GAIN ACCESS to VALUE MOMENTUM series
Latest videos ~~~
– THE BIG ALIBABA SUCK OUT? 9/9/2021
– SAMUDERA SHIPPING – Should it be in shining star? | Plus SHENG SIONG concerns… 28/8/2021
– DID YOU STAY OUT OF ALIBABA TOO? Value-momentum series falling knife! 23/8/2021
– PROPNEX SPECTACULAR 1H2021 RESULTS, BUT WHY IS IT NOT MOVING? 11/8/2021
Covering also on iFAST, Alibaba, Propnex, Boustead, TheHourGlass, Kimly & more…
►JOIN NOW: https://www.youtube.com/channel/UCQAp2EzcRv2wl09p88TBrGA/join
*******
► acquire your liberate stock from Moomoo: https://www.moomoo.com/en-sg/act/welcome?channel=1002&subchannel=233
► NEW The Josh Tan Show: https://www.youtube.com/channel/UCia7yv6ssAr26aTz1eB7f7g
By Spotify – https://open.spotify.com/show/7Hdw7jmi6vLvTt7IQP9Bn3
– Is cash useless?
– How to invest with as little as $2,000?
– How to hitting your financial goals!
– place PRICES GETTING CRAZY? WILL YOU SUPPORT PROPERTY COOLING MEASURES?
► For REIT Investing and passive income discussions, JOIN Telegram grouping “PASSIVE INCOME 2.1k” hither – https://t.me/pi21k
► Looking For A Career With Us https://www.theastuteparent.com/contact-us/
✅ ENGAGE Josh Tan on a fee for financial planning to build towards for your retirement!
► https://www.theastuteparent.com/josh-tan
*******
We do not make any recommendations on whether a security is a buy/sell as every investor has different investment goals and risk profiles. The presentation of ideas from Josh Tan and TheAstuteParent are strictly for instruction purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses direct or indirectly from the material. Some of the referral links in the video summary are products and services personally used by Josh Tan and they may pay an affiliate commission or referral bonus.
It is not an endorsement of the product unless explicitly stated and we will not be liable for any losses. The content in this video and any promotions mentioned is accurate as of the posting date.
*******
About Josh Tan:
Josh holds a level in Accounting from NTU.
As a ChFC Charterholder, Josh has agreed to be bounded by the ChFC®/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video.
Learn more on financial planning and insurance concepts, visit
► https://theastuteparent.com
✅ ENGAGE Josh Tan on a fee for financial planning to build towards for your retirement!
► https://www.theastuteparent.com/josh-tan