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Stock impact report

Singapore Airlines: Trading Cheap, Awaiting Relief Package Amid Travel Restrictions [Seeking Alpha]

SINGAPORE AIRLNS UNSP/ADR (SINGY) 
Company Research Source: Seeking Alpha
SummaryCoronavirus pandemic resulted in Singapore Airlines grounding a vast majority of its aircraft.The common stock is trading at 10-year lows and well below 50- and 200-moving averages.Relief package by state-owned firm will be directed to the enterprise.Investor TakeawaySingapore Airlines Limited (OTCPK:SINGYOTCPK:SINGFCompany ProfileSingapore Airlines Limited operates in the airline industry with its diversified business streams. The company, via its subsidiaries, provides commercial and cargo transportation as most of the global airline industry does. SilkAir and Budget Aviation are the notable segments along with the Singapore Airlines brand name. Some of the other operating segments of the company are manufacturing cabin parts for aircraft, tooling services for the aerospace industry, and lastly maintaining and repairing aircraft and cabin components.Consolidated FinancialsThe earnings growth story is pretty impressive as earnings have grown 9.7% per year, over the last 5 year Show less Read more
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