Patrick Stock Reading

Friday, July 29, 2011

SIA

SIA, profit drop 82% and it is expecting coming month travel booking to remain "steady". Is SIA trying to tell us not to expect significant profit this year? With high fuel price, challenging and uncertain economic market such as US and Europe, "investors/trader" should be careful on placing their bet. Not forgetting tiger air will be contributing the bleeding every single day till the ban is lifted. Even if the ban is lifted, the damage might have already done.

thinking aloud buy/sell at your own risk. remembered I'm gambler.

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