SG Investor Hub Blog

SIA share price rises from the ashes

LIFETIME MEMBERSHIP Will SIA share price see daylight soon? Confidence in air travel has taken severe knocks following multiple waves of COVID-19 infections in various countries, not to mention the devastating second wave in India. Yet against this backdrop, USA and European countries are seeing drastic drops in COVID-19 infections and deaths due to aggressive vaccination programmes.

SIA share price

In March 2021, I wrote that SIA share price could be in for an explosive destiny following the release of full-year financial result FY20/21. Back then, I had predicted that the full-year losses to be around $3.5 billion but it turned out that the actual losses amounted to $4.2 billion. Prior to the result release, SIA share price suffered some correction, falling from $5.70 in April to the current $4.80.

SIA share price in explosive destiny

SIA share price smashed into rock

SIA share price in darkest chapter

SIA share price faces brutal meltdown

As expected, the correction for SIA share price is limited as most investors had anticipated the record losses prior to the release of the result. The question now is: how would the market react to the $6.2 billion mandatory convertible bonds (MCBs). For sure, the MCBs will strengthen …

The post SIA share price rises from the ashes appeared first on SG Wealth Builder.

Milestone reached for investment portfolio and Coast FI

I have to clear my carried forward leave from last year by next month so I took these 2 days off to create a long weekend since Wed (public holiday). Not that my routine changed by much since I still dropped off our boy at my parents-in-law’s place yesterday after taking care of him the […]

8 things I learned from the 2021 Ascott Residence Trust AGM

Ascott Residence Trust (ART) is a hospitality trust in Asia Pacific with an asset value of S$7.2 billion as at 31 December 2020. ART’s international portfolio comprises 86 properties with more than 16,000 units in 38 cities across 15 countries in Asia Pacific, Europe, and the United States. ART invests primarily in serviced residences, hotels, …

The post 8 things I learned from the 2021 Ascott Residence Trust AGM appeared first on The Fifth Person.