SINGAPORE AIRLINES SHARES (SGX:CL6) PAYS 7% DIVIDENDS | BUY OR NOT SINGAPORE AIRLINES STOCK 2024?

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Today you'd hear about Singapore airlines shares which saw record profits for FY23/24 and is the second best performer in STI. Dividends has been raised and right now is around 7%.
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0:00 Introduction
1:20 Bullish report
2:58 SIA stocks 4Q23/24
3:40 How to buy SIA shares
5:22 Drop in profits
8:56 First mover advantage
#singaporestocks #singaporeairlines #dividend
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About Josh Tan:
Josh holds a degree in Accounting from NTU. In 2016, he co-founded the financial education website TheAstuteParent to provide detailed insurance plan analysis and financial planning tips.
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Пікірлер: 63

  • @joshconsultancy
    @joshconsultancy2 ай бұрын

    🐯 Tiger Brokers : joshtan.link/tiger Exclusive for you through my link: EXTRA USD 30 Tesla fractional shares With a cumulative net deposit^ of min. SGD 1,500 within 7 days of the first deposit Note video was scheduled before the incident. Prayers to all affected 🙏

  • @JJ-iu6sr
    @JJ-iu6sr2 ай бұрын

    Inflight meals expenditure dropped in FY23 versus FY15, maybe that explain why the selection and quality of food in the lounge (e.g. laksa portion has reduced!!!) has dropped, etc. I do not think it's because of lower food costs, but rather an outcome of aggressive costs cutting by the management. And yet they're paying themselves 8 months bonus this year, and 6 months bonus last year. This is not an organic growth strategy.

  • @RT-nb7fm
    @RT-nb7fm2 ай бұрын

    All of the months of bonus is based on their basic salary. Not their full monthly salary. Actually not much....

  • @vicadious
    @vicadious2 ай бұрын

    Accident due to weather is not an airline issue. Any airline can suay suay one.

  • @sktan9632
    @sktan96322 ай бұрын

    Josh, Bonus is based on pilots basic pay only ..which is low like 2k.. pilot gets allowance each time they fly..

  • @Fiat-kl6lt

    @Fiat-kl6lt

    2 ай бұрын

    Nonsense..Captain's basic pay is from around 13k. First officer about 7-8k basic pay. Only cabin crew basic pay is notmuch... Starting around 1.4k.

  • @Mr-WealthCare
    @Mr-WealthCare2 ай бұрын

    I think SIA still have potential. Due to the Red Sea crises, cargo yield and load is trending up in the last few months. This could be reflected in the coming quarters. They are reducing cost. I just come back via SQ flight, no more free newspaper, the KrisWorld catalogue is much smaller than pre-covid….

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Wow the cost cutting. POV noted

  • @marinekong235
    @marinekong2352 ай бұрын

    when it crash tmr - buy some and keep

  • @jasonlim4512
    @jasonlim45122 ай бұрын

    hope for competitive fares😁

  • @phyllislay2233
    @phyllislay22332 ай бұрын

    Agreed with you, put our money to worked harder for us, ie other areas which can generate higher income without being lucky.

  • @Fiat-kl6lt
    @Fiat-kl6lt2 ай бұрын

    In summary what he's trying to say is don't buy SQ shares @this price.

  • @henrylee1269
    @henrylee12692 ай бұрын

    The airlines industry is probably the most competitive business to be invested in for the long term. High capex, low margins, volatile oil prices, cyclical markets, unforeseen incidents/accidents, low margins amongst others. You get my drift🤔

  • @Abdul_Rahman86
    @Abdul_Rahman86Ай бұрын

    The question is how long will you hold it for. I have no problem holding SIA and reinvesting dividends. In 25 years it’ll be worth more. If you won’t hold a stock for 10 years don’t invest! Maybe deal in narcotics or don’t buy shares

  • @mightysheep4404
    @mightysheep44042 ай бұрын

    It take ao many years to build the good records of the flight but one mistake to bring it down. Let's see how SIA perform tomorrow.

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    This tutorial is beyond this incident and projecting profitability for the next 4 quarters ahead

  • @marinekong235
    @marinekong2352 ай бұрын

    it might crash tmr since a plane full of injured passengers and 1 dead landed in BKK earlier

  • @eugeneteo9664
    @eugeneteo96642 ай бұрын

    SIA : suffering in agony ?

  • @user-wt9ch2wu1f
    @user-wt9ch2wu1f2 ай бұрын

    It's just one incident...not much impact on it's shares value ..long term prospects 😊

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    This tutorial is beyond this incident and projecting profitability for the next 4 quarters ahead

  • @bettercalIsaul
    @bettercalIsaul2 ай бұрын

    OH NO…………

  • @steventay5834
    @steventay5834Ай бұрын

    Buy buy buy!! Buy 100 lots

  • @HelloWorld-pc3ku
    @HelloWorld-pc3ku2 ай бұрын

    Bad time to put this video right now!

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Prayers to all affected. This discussion is solely on my outlook on profitability

  • @temasekb
    @temasekb2 ай бұрын

    After they announced the 8mths bonus, now that the accident happened. They will need to qc the entire fleet

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Prayers to all affected 🙏

  • @david888a

    @david888a

    2 ай бұрын

    Why need to QC the entire fleet? It’s turbulence, rather common in air travels, must b a really bad severe one to cause injuries n a death, was he buckled up? Condolences to the family.

  • @jiranma
    @jiranma2 ай бұрын

    SQ got jinxed ah....bad turbulence on 20 May. With injuries and one death.

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Just saw the news too. 🙏prayers

  • @ryanyoutube7315
    @ryanyoutube73152 ай бұрын

    Did sia got handouts from taxpayers during COVID? Got return handouts ?

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Not directly from taxpayer. From temasek which will sweep up the excess rights and MCB so technical gov owns more of SIA now?

  • @LonganLee
    @LonganLee2 ай бұрын

    Ah Josh ah, got breaking news about SIA leh. I not buying

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    I just saw the news too. Prayers to all affected 🙏

  • @xlade

    @xlade

    2 ай бұрын

    but then again..

  • @LonganLee

    @LonganLee

    2 ай бұрын

    If it's shares plunge I sure buy.

  • @mrsnowmanshow

    @mrsnowmanshow

    2 ай бұрын

    Ya i looking to accumulate. 7% dividend ley

  • @boonanntan5862
    @boonanntan58622 ай бұрын

    Read the latest news, SQ hit turbulence, one dead

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    🙏prayers to all affected

  • @carnesir
    @carnesir2 ай бұрын

    Josh says crash -> someone just died in a SIA flight 💀

  • @noby9693

    @noby9693

    2 ай бұрын

    Yar Sia

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Wow I just saw news too

  • @Ko911ed

    @Ko911ed

    2 ай бұрын

    Rare to hear of deaths in a turbulence incident......😢😮

  • @LonganLee

    @LonganLee

    2 ай бұрын

    I looking for CNA news video but only the live CNA is covering this as far as I can find. But ironically, many countries have released videos covering the death in the great SIA airlines

  • @LonganLee

    @LonganLee

    2 ай бұрын

    ​@@Ko911edBo Bian one

  • @allisonbrady1364
    @allisonbrady13642 ай бұрын

    Sia Kena accident bro

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    🙏 prayers

  • @raymondlee3655
    @raymondlee36552 ай бұрын

    When SIA made money, their staffs take tonnes of the profit money, much more than their shareholders... When SIA shares & profits crashed into huge loss, their shareholders lost tonnes of value and will be hitted by Rights issue diluting shareholders value. Therefore, if profitable = staffs take more ; If SIA lost tonnes of money = shareholders loss alot plus pay out more money to shore up SIA via Rights issue .... Both ways and SIA shareholders always get Shorter End of the sticks.... SIA is not a long-term investment stock.... It is only attractive when their price crashed to the floor and we, as new investors, we scoop up all the blood bled by older shareholders .... ... We bought SIA around $3.60 during Covid, prior to that we didn't touch SIA for almost 20 yrs, sold all around $16 back in around year 2000s

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Staff did take pay cut 🙏

  • @raymondlee3655

    @raymondlee3655

    2 ай бұрын

    You are missing the point. Staffs only took a pay cut, but shareholders loss alot of value and won't receive any dividend pay out for couple of years + shareholders have to folk out extra money to take up it's Rights to avoid dilutions ... Thus, in all measures, shareholders of SIA got more to lose during difficult times. However, during good times, SIA shareholders don't get as much as what the staffs are getting

  • @pengseahang946
    @pengseahang9462 ай бұрын

    😂😂😂😂😂😂

  • @user-zw6ud8tf8m
    @user-zw6ud8tf8m2 ай бұрын

    wah bad timing Josh.

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    This discussion is on SIA latest results. Released before the incident. Prayers to all families affected 🙏

  • @JamesDean6133
    @JamesDean61332 ай бұрын

    Solly Uncle Josh, this one die-die must invest, because, I am patriotic, I love Singapore, Majulah Singapura And I spend way too much money flying

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    lol okok 👍

  • @waikiankhoo8746
    @waikiankhoo87462 ай бұрын

    rule 1: never buy sg stocks rule 2: never buy aviation stocks

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Rule #2 yes. Rule #1 one day it will look good 🙂

  • @raymondlee3655

    @raymondlee3655

    2 ай бұрын

    For past 25 years, the average low point of STI and average high point had a spread of around 100% or so HK & TW stock market had a spread of around 300% during same period S&P 500 has around 1900% spread during similar period I wonder how you conclude Sg stocks can perform moving forward By the way, even our own companies ( eg SEA, Grab, Shein, etc) won't even consider to list in our SGX, worst, not even dual - listing. Our stock market is sick

  • @Xamael666

    @Xamael666

    2 ай бұрын

    @@joshconsultancy As Mr Loo says "STI = Super Terrible Index" lol

  • @dmba2582
    @dmba25822 ай бұрын

    Tone deaf ?

  • @joshconsultancy

    @joshconsultancy

    2 ай бұрын

    Video was prepared early and scheduled already Prayers to all affected

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