Archive for the ‘Business’ Category
SIA: Ang moh and Jap brokers are going to look stupid
Look at the price targets for SIA. Basically JPMorgan and Nomura are extrapolating from the theoretical ex-price of $4.40. A dangerous extrapolation given that Temasek holds 55% and is not a seller. Price targets(From the Edge) : $6.27 HOLD (CGS-CIMB Research) $5.54 DOWNGRADE HOLD (Daiwa Securities Research) $4.00 DOWNGRADE...
SIA’s glory days are over
SIA’s future seems bleak. And we shouldn’t just blame Covid-19 for SIA’s woes. Investors in SIA should question why Goh continues to be CEO after having destroyed billions in shareholder value. Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →
Reserves should not be used to bail out SIA when CEO Goh is paid millions post 30% ‘pay cut’
Phillip Ang * The author blogs at LikeDatOsoCanMeh. Read More →
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