Singapore Airlines *Official* (SGX:C6L)

Frankiefool

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Will not be surprised that another rights issue is in the pipeline to raise more $$
 

mrclubbie

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Singapore Airlines swaps passenger plane orders for 7 Airbus A350 freighters in provisional deal​


 

luckyplate

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in 3 years, debt balloon from 3 B to 15 B ... 500 % percent increase.. only suckers paid.
 

vsvs24

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even before the pandemic ,, profit is not much ... a hopeless company ...
Before pandemic, they were still making profits when other airlines were making losses.

But I don't like their handling of finances during pandemic. Feel that they did not go all out to save cost just because government say won't let them collapse.
 

reddevil0728

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Before pandemic, they were still making profits when other airlines were making losses.

But I don't like their handling of finances during pandemic. Feel that they did not go all out to save cost just because government say won't let them collapse.
Can share some examples of what you feel they didn’t handle well? And what can be done better?
 

reddevil0728

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Last edited:

luckyplate

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Can share some examples of what you feel they didn’t handle well? And what can be done better?
Just at a look at their profit.. In 2019 .. And you understand.. They are not efficient.. The mgmt is hook on easy money.. Not vested in this stock.
 

reddevil0728

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Just at a look at their profit.. In 2019 .. And you understand.. They are not efficient.. The mgmt is hook on easy money.. Not vested in this stock.
uhuh but that's 2019 right. isn't the issue 2020 and beyond?
 

luckyplate

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It will be another.. Blue Chip saga.. Like nol.. And hy flux.. But this time, of course, the bond holder will get it..
 

reddevil0728

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Yes.. Even before the plandemic.. It was already... Downhill for the stock..
I am referring specifically to this.
Before pandemic, they were still making profits when other airlines were making losses.

But I don't like their handling of finances during pandemic. Feel that they did not go all out to save cost just because government say won't let them collapse.
 

tan1688

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I vote to send umbrage General NG as CEO of SIA finish it off like how he did for NOL & SPH
ng_cover-pic.jpg
 
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