SINGAPORE AIRLINES (SGX: C6L) NEW UPDATES FY19/20 - 😯 The Rights And MCB Aftermath!

SINGAPORE AIRLINES SIA released it newest FY19/20 and it had losses.
But first, why was Rights and MCB required to save the company?

Currently, almost all airlines are looking for a bailout and this is an unprecedented INDUSTRY problem. Delta airlines has been cut to junk and Virgin Australia was also downgraded.

#SIA actually accounted 0 for the virgin australia equity on its books.

We'd cover on
1) Why the singapore airlines rights were priced lower?
2) What are the risks in the singapore airlines MCB? - I share my view in event of share price rise or fall in future.
3) How is the singapore airlines (SIA) retail bond like?

There is actually some analysis on the #singaporeairlinesshares EPS after rights. As well as it being net cash positive after the rights and first round of MCB.

This is not a recommendation to buy or sell any securities mentioned. The information contained are ideas from TheAstuteParent and strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material.

Sources
1) https://www.singaporeair.com/en_UK/sg/about-us/information-for-investors/rights-issue/
2) https://www.singaporeair.com/saar5/pdf/Investor-Relations/Rights-Issue/Proposed-Rights-Issue-and-Additional-Issue-20-Apr-2020.pdf
3) https://www.singaporeair.com/saar5/pdf/Investor-Relations/Rights-Issue/04-Wings-Lodgment-and-Despatch-of-OIS-Announcement-080520.pdf
4) https://www.businessinsider.sg/airbnb-ceo-brian-chesky-predicts-future-of-travel-digital-nomad-2020-5?r=US&IR=T
5) https://www.bloomberg.com/news/articles/2020-05-15/cathay-pacific-carried-only-458-passengers-a-day-in-april

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About Josh:
Josh holds a degree in Accounting.

In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips to help you kickstart your journey towards financial freedom.

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Видео SINGAPORE AIRLINES (SGX: C6L) NEW UPDATES FY19/20 - 😯 The Rights And MCB Aftermath! канала Josh Tan - TheAstuteParent