Hopefully, the recent cost-cutting, retrenchment and cash-burn tapering (less number of irritating TV commercials) will help Sea's profitability. If India lifts their ban on games from Sea and their gaming arm comes up with another winner, there is potential for growth. Go Forrest!
Thank goodness, after 2 long years, finally broke even for shares picked up GS and C due to ELN/FCN knock-in... But SG REITs still severely underwater, especially Suntec and Keppel DC (defaulter).
Looks like it's going the opposite direction, as of 10Jan24...[Doubt]
Singapore Airlines' Shares May Fall Further, Charts Show -- Market Talk
0801 GMT - Singapore Airlines' shares may fall further, based on technical charts, says Zane Aw, technical analyst at Phillip Securities Research, in commentary. Recently, the share price fell through S$6.47, the level which it had previously breached on the upside, and broke below a rising wedge pattern within which it had been trading after pulling back from the pattern's resistance, Aw notes. The moving average convergence divergence indicator is showing bearish divergence with a bearish crossover, Aw says. The share price should decline toward initial support at S$6.00, which was the prior swing low formed in November, Aw adds. SIA's shares are 0.8% higher at S$6.44.