My short term target price for $SINGAPORE AIRLINES LTD(C6L.SI)$is $5.50-$6. As the border opens up both locally and internationally, air traffic will increase. This will arouse interest in the stock. Having said that, do take note it will take some time for the company to return to profitability with the large number of notes it issued during the pandemic. The stock price is also susceptible to any adverse change in the coronavirus situation and tightening of border controls.
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- HilaryWilde·2022-03-29Yes, SIA has good news and some bad news.LikeReport
- noobiee·2022-03-29Just pray it won't keep going downLikeReport
- Kaylin·2022-03-29GoodLikeReport