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Upncoming1841 :
Profit margin will be tighter when one buy after the release of good news. I am buying Macau casino stocks using the same strategy of buying stocks that will shoot up once borders reopen. China and Macau following covid zero policy...so the price of their tourism and hospitality related stocks will rise once Macau reopen their borders.... similar to the SIA story here.
Upncoming1841 :
But I foresee more stock price increases for SIA in the near term. I predict analysts will re-rate SIA's valuation upwards soon and the stock price will react each time they do so.
Upncoming1841 : Profit margin will be tighter when one buy after the release of good news. I am buying Macau casino stocks using the same strategy of buying stocks that will shoot up once borders reopen. China and Macau following covid zero policy...so the price of their tourism and hospitality related stocks will rise once Macau reopen their borders.... similar to the SIA story here.
Upncoming1841 : But I foresee more stock price increases for SIA in the near term. I predict analysts will re-rate SIA's valuation upwards soon and the stock price will react each time they do so.
Everic : not too late, with more opening up and recovery in sight, the stock should perform better.