14-04-2020, 11:48 PM
(This post was last modified: 14-04-2020, 11:49 PM by Curiousparty.)
SIA is a business with a very high fixed cost (one of the highest amongst all industries),and in bad times like this, it is the Achilles heel. Industry-wise, while it is not a sunset industry per se, SIA has to contend with too many competitors, many of whom are willing to run big losses to subsidize its national airlines (out of strategic reasons), which SIA can ill-afford to do so.
My humble advice is to cut loss and move on...
There are many other counters out there with far greater potential and resilience (e.g. SGX, iFast, and the likes)
My humble advice is to cut loss and move on...
There are many other counters out there with far greater potential and resilience (e.g. SGX, iFast, and the likes)
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