WHY I AM WORRIED FOR SINGAPORE AIRLINES (SIA) 😕

Singapore airlines shares were once $20 and now it is at all time low.
Even on a book value #singaporeairlines is extremely low currently.
Is it cheap enough to buy?
What are the losses coming up?

Back in SARS, losses were $5-$6m a day. This figure is likely higher in this pandemic.
Which means SIA really needs its $8.8B new injection of the rights and mandatory convertible bond.
#SIA investors take note of the #siarights timeline.

Sources:
https://research.sginvestors.io/2020/05/singapore-airlines-sia-cgs-cimb-research-2020-05-06.html
https://www.singaporeair.com/saar5/pdf/Investor-Relations/Annual-Report/annualreport1819.pdf
https://www.singaporeair.com/saar5/pdf/Investor-Relations/Financial-Results/News-Release/nr-q4fy0304.pdf
https://blog.seedly.sg/sia-share-price-rights-issuance-sgx-c6l/
https://www.channelnewsasia.com/news/business/covid-19-singapore-airlines-suspend-flights-coronavirus-12566248
https://www.theguardian.com/world/2020/may/03/warren-buffett-dumps-us-airline-stocks-saying-world-has-changed-after-covid-19

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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.

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RECOMMENDED TO WATCH:
Which sector is really scared of COVID-19: https://youtu.be/Ae7ygWfst9c
Interested in SIA shares, watch this first: https://youtu.be/TfeLltNAxxw
SIA Bailout, rights and mandatory convertible bond: https://youtu.be/gsY_czHU97Y

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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.

As a ChFC charterholder, Josh has agreed to be bound by the ChFC®️/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video. No products were advertised.

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Видео WHY I AM WORRIED FOR SINGAPORE AIRLINES (SIA) 😕 канала Josh Tan - TheAstuteParent