Dear readers, what has happened to SIA stock and SIA needs no re-mentioning once again. Against the backdrop of the Covid-19 pandemic, SIA stock price has now gone to $5.36 per share as of yesterday. Several commentaries which I read also pointed out that government support may be needed to sustain SIA.
My personal thoughts is that SIA of which Temasek Holdings has a 55% stake could be taken private. It makes no sense for SIA to continue being a listed entity when it is facing financial uncertainties right now.
Just as how several notable former listed companies in the transport sector like Tiger Airways, SMRT and NOL have been taken private, SIA could similarly be privatised.
Just like how Warren Buffet has commented on airlines stock before, I don’t have any SIA stock and have no interest in it.
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