Airlines stocks probably down due to high fuel charges and I can see their margin must be squeezed as the ticket to Singapore return is only $200 more then what used to cost 5 year ago....!
SUL is not alone in the downturn of retail/consumer stocks if you noticed and it is going to be like that until next results which would give some indication on how retail will perform without lockdown, international travel on, inflation, high rent & wages, free cashflow generation, dividend.. etc.... IMO.
SUL Price at posting:
$8.76 Sentiment: None Disclosure: Not Held
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