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Thursday, August 2, 2018

SIA

After hitting the high of $11.50, it had since retreated sharply and continue to slide down to close at $9.67 today .

The big fall was attributed to ex.dividend of 30 cents.

I think price is hovering near the major support level at $9.60 level.

It might be a golden opportunity to take a second look at this price range of $9.57 to $9.70 level for it to rise back above $10..

NAV $11.78.
EPS is about 67 cents.
PE is about 14.3x

Not a call to buy or sell.


Please do your own Due diligence.


Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services in East Asia, the Americas, Europe, South West Pacific, West Asia, and Africa. The company also offers engineering services, air charters, and tour wholesaling and related services, as well as trains pilots. In addition, it engages in the provision of aircraft maintenance services, including technical and non-technical handling at the airport; maintenance, repair, and overhaul of aircraft and cabin components/systems; and aviation insurance services. Further, the company is involved in the repair and overhaul of aircraft and cabin components/systems; providing and marketing cargo community systems; marketing and supporting portal services for the air cargo industry; and reservation service systems. As of March 31, 2018, its operating fleet consisted of 186 aircraft, which included 179 passenger aircraft and 7 freighters. The company was founded in 1947 and is based in Singapore. Singapore Airlines Limited is a subsidiary of Temasek Holdings (Private) Limited.

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