To day, I’ll show you video Why I'm NOT ❌ Invested Into Travel Industry and SIA shares (yet)!
Singapore Airlines #SIA has been frequently featured in the news during this pandemic.
While it’s share price dropped, it actually attracted a lot of attention.
Because investors are looking to be THAT PERSON who bought SIA at the rock bottom.
Investing is NOT about looking smart! It is about knowing risk.
Warren Buffett has sold out of his airline stakes.
Today I’d be sharing with you why I’m NOT big on the #travelindustry and not #investing in travel industry shares (yet).
Carnival Corp’s (which is in cruise) share price has recovered very little.
CDLHT which is a REIT in hotel has recovered back much more.
How government solves an infection spike is always HALT EXTERNAL INBOUND cases
then solve local cases. When it comes to relaxing, it is also relaxing local rules first then relaxing international travel. There are a few sectors.
1) Business travel sector
Zoom was $49B in May2020 but now in Sep2020 it is $116B.
Business travel has now been replaced by ZOOM meetings.
2) International leisure travel
Maldives travel bubble was cleverly suggested as a solution.
I believe travel bubbles will really be tested more in the coming future.
But NBA bubble has shown that it can also be flawed.
3) Domestic leisure travel
$100 staycation voucher is coming for all Singaporeans.
SIA flight to no-where is a solution in this sector but I feel it is a novelty project.
People have been surveyed to be willing to pay for flight to no where.
But cruise-to-no-where is an expected method of leisure travel and in my opinion will recover faster.
In conclusion, I believe hotels can recover fast from this pandemic. And GENTING SINGAPORE is a name I feel is well positioned to tap on international leisure travel and local staycation.
Is Genting Shares (SGX:G13) Worth The Bet? – Why Genting Has Been A Cash Cow And News On RWS 2.0!
This is not a recommendation to buy or sell any securities mentioned. The information contained are ideas from Josh Tan and TheAstuteParent and strictly for education purposes. You are advised to perform independent research yourself or seek a qualified financial adviser. We will not be liable for any losses directly or indirectly from the material.
Recommended videos on SIA and Genting:
1) SINGAPORE AIRLINES (SGX: C6L) NEW UPDATES FY19/20 – 😯 The Rights And MCB Aftermath!
2) Is Genting Shares (SGX:G13) Worth The Bet? – Why Genting Has Been A Cash Cow And News On RWS 2.0!
Josh holds a degree in Accounting.
In 2020, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips to help you kickstart your journey towards financial freedom.
As a ChFC charterholder, Josh has agreed to be bound by the ChFC®/S Code of Ethics. This includes, among others, acting in a professional manner when it comes to conducting due diligence on primary and secondary sources of investment-related data, and articulating his investment opinions based on his research and beliefs. Based on his research and analysis, he highlighted his beliefs and opinions, and illustrated the concept of time value of money, as of the time of the video. No products were advertised.
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Why I'm NOT ❌ Invested Into Travel Industry and SIA shares (yet)! uploaded in 2020-09-26 04:00:15 by Josh Tan – TheAstuteParent