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DBS downgrades SIA to 'fully valued' as share price runs ahead of fundamentals - THE EDGE SINGAPORE

Broker's Calls

DBS downgrades SIA to 'fully valued' as share price runs ahead of fundamentals

The brokerage has estimated a target price of $3.60 that’s based on 0.9 times FY2022 price-to-book (P/BV) for the airline.
SIA uses further $1.1 bil from rights issue for operating expenses, ticket refunds and aircraft related payments - THE EDGE SINGAPORE

Aviation & Engineering

SIA uses further $1.1 bil from rights issue for operating expenses, ticket refunds and aircraft related payments

To date, the airline has used $8.2 bil of its $8.8 bil rights issue proceeds.
SIA to use $0.9 bil from rights issue for ticket refunds, ongoing operating expenses and debt service - THE EDGE SINGAPORE

Aviation & Engineering

SIA to use $0.9 bil from rights issue for ticket refunds, ongoing operating expenses and debt service

To date, the airline has used about $7.1 billion between June 8 and Dec 13, 2020.
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