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Why I won’t put any money down on SIA
By Singapore Stock Picker  •  May 3, 2021
In the past month, 2 different people close to me told me they have Singapore Airlines in their investment portfolios. I got a little curious and asked more about their thinking process. I decided it was interesting enough to write it down. Here’s the rough reasoning behind their thesis. Among the big blue chips listed in Singapore, SIA is one of the few companies that have not recovered to their pre-pandemic prices. Therefore, it is cheap. SIA is backed by Singapore’s Government. The Government wouldn’t let it fail. I think an investment thesis based on these 2 assumptions is very weak. Before I proceed, I will make a disclaimer that I am merely a man-on-the-street investor. I am not a certified financial advisor. Don’t buy or sell stocks based on some random guy on rambling on the internet. Here’s how I view the 2 assumptions. Assumption 1: The stock price...
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By Singapore Stock Picker
I am a full time electronics engineer at a government linked company in Singapore. I enjoy most of my work and it pays reasonably well. However, I dislike waking up early and following a 9am-5pm lifestyle. That’s why I started picking up investing. I want to end up retiring from full time work by 40 and having the option to not being a slave to any company ...
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