Shares & Derivatives
[Paywall] SIA share price on bullet train!
By SG Wealth Builder  •  November 23, 2022
Hurry! The train is leaving! SIA share price looks set for a supersonic run after the Group posted a record $1.23 billion half-year operating profit. The blow-out result came on the back of a surge in travel demand as Singapore fully opened its borders to vaccinated travellers since April 2022. To put the icing on the cake, the Group declared its first dividend in three years. For sure, Christmas certainly comes early for SIA investors. The turnaround for the national carrier had taken longer than expected due to the protracted pandemic. Those who had given up on SIA share price could be forgiven as there had been so many twists and turns. Nonetheless, the latest financial result would put to rest any lingering doubts that this is another false dawn for SIA share price. The explosive pent-up demand for air travel led to revenue for 1HFY2022/23 surging almost 200% to hit...
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By SG Wealth Builder
Welcome to SG Wealth Builder! My name is Gerald and I hope that you find this blog useful in your wealth building journey. The motto of this blog is “to make money, to build wealth and to preserve wealth” ...
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