$SIA(C6L.SI)$ Share price at $8++ earlier has already factored all the positive surge in passenger load and fare prices. The travel sentiment is back to normal as per pre-covid days and many airlines have adjusted strategies to reduce fare price to keep up with the competition. Moving forward SIA financial report will be reporting positive figures but forward guidance will not be as fantastic as recent few quarters results. Breaching and maintaining above $7 will be a challenge unless management can work something out like SATS taking over Worldwide flight services.
Current price is defined by market sentiments and don't seem to correlate with any technical analysis for now. No one can predict when is the real price correction is coming. Let's enjoy the moment while it lasts :)
$DBS Group Holdings(D05.SI)$ SGX no more hope. STI index rises but totally no market breadth. This situation has already been around for donkey years but no one from SGX management is able to make any improvement. Can only c more companies delisting.