As according to plan in the Investment Portfolio Restructuring,  SIA-SATS has completed divested, the second after SingPost.  The divested price was at S$4.4059/share for the combine entity.  With a holding price of S$5.8764/share, the divestment netted a capital loss of -25.50%, dividend return of +27.29%, giving a net return of +1.80%.  This translates to an annualized return of -2.24% without inclusive of dividend return and +0.14% with inclusive of dividend return.
Given the large capital loss and just a barely positive return after inclusive of dividend, why divest away ?  Moreover, there is believe the worse should be over for aviation section due to the pandemic, both SIA and SATS should be seeing price appreciation going forward.  Well, whether the worse for pandemic is over or not, just too early to tell.  Even if it is, the recovery of aviation sector will still be a long haul to the...