Tiger Airways.......SIA on the defensive with key appointments in Australia and Singapore......but it may be too early to do bargain hunting
Thursday, 7 July, 2011 1:29 PM
Posted by Kevin Scully
Tiger Airways are almost at an all time low following the grounding of its aircraft in Australia. We have seenkey management appointments at Tiger Australia and even Tiger Singapore in an attempt to provide some stability to the stock price. Some investors have asked me if its time to do some Bargain hunting (or dollar cost averaging) given the recent sharp falls.
Let's put the situation in some perspective. First we have a nine day suspension of the Australian operations till July 9, 2011 and overnight we hear or read that this is likely to be extended to August 1, 2011 (this extension) is still subject to the Australian Courts but is ......
