$SIA (C6L.SG)$ :With the Dow Jones Industrial Average down 7...
$SIA (C6L.SG)$ :With the Dow Jones Industrial Average down 764 points and Nasdaq down 395 points last eventful night, I thought SIA might be down 10 cents at the opening from yesterday's closed. Wow ! Chill down my spin ! It does not happened to be the case, only down 3 cents at the opening bell, that signifies that SIA is solid like a rock. Cheers ! 🍻🍻🍻
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Always Hungryy : passenger load still high. SG exports down in Nov. but with high pac load don't need to be super concerned about cargo.
明 Meng OP Always Hungryy : Yes, I am not very concerned about the cargo factor, to me that's secondary, the main source of income is the passengers load factor. More so for the Business Class and 1st Class.
Always Hungryy : Asians still travel, even in recession. so SIA don't need to worry.
明 Meng OP : Yes, we are born into this world to see every corner of the world, which I think 85 years also not enough time. Therefore, we must travel as much as we can. Only once in a lifetime and time is short.
Small bull : Passengers load not really high, still same amount from Sept to Nov. So profit is not remarkable, just petty slight increase from last quarter. With this downturn, Asians are more conservative and less travel.
明 Meng OP Small bull : Means that SIA is going to range trade between $5.50 to $5.60 for a while.
Learner : If everyday earn 0.03 for 2 times. Guess 5 day the dividends is already paid.
明 Meng OP Learner : Looks like it's has becomes a dividend stock then a speculative stock.