[New post] CIMB: Singapore Airlines

alanyeo posted: " Lowest quarterly EBIT loss since pandemic■ 1QFY22 core net loss of S$430m in-line at 26% of our full-year loss estimateof S$1.66bn; consensus net loss forecast of S$902m appears too optimistic.■ Reiterate Add as we expect international travel to resume g" Respond to this post by replying above this line New post on Alpha Edge Investing CIMB: Singapore Airlines by alanyeo Lowest quarterly EBIT loss since pandemic■ 1QFY22 core net loss of S$430m in-line at 26% of our full-year loss estimateof S$1.66bn; consensus net loss forecast of S$902m appears too optimistic.■ Reiterate Add as we expect international travel to resume gradually from late-CY21F before becoming more meaningful by mid-CY22F.■ Our TP is reduced to S$5.54 (P/BV […] Read more of this post alanyeo | July 30, 2021 at 3:24 pm | Tags: SIA, Singapore Airlines | Categories: Equities - Research Reports by Brokers/ Banks | URL: https://wp.me/p7fA1-2hK Comment    See all comments    Like Unsubscribe to no longer receive posts from Alpha Edge Investing. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://alphaedgeinvesting.com/2021/07/30/cimb-singapore-airlines-2/ Thanks for flying with WordPress.com