RE:RE:RE:RE:RE:RE:RE:RE:not impressed at allHahaha, i would say about your comment : the art of selective reading.
Lesson 101 on investment decisions: evaluation of an investment take into acounts all of the economics at once: price, operational performance, financial structure debt/own funds, expected return and impact on sharelholders. We don't make a deal, nobody want to grow just for the sake of growing, growth should create shareholders value. So far, SIA is destruting SH value, the stock is down at its 2016's level and available funds per share are on a slippery slope. And when we take a closer look at the past investment, it seems like the operational metrics are ok, but the funding structure and the paied price were not.
Maybe in the future it will reverse, but as investor I don't believe in hope, i believe in execution. And so far, SIA's execution is poor when compared to peers. They need to review their growth strategy (you know in Business we speak about backtesting our methodology) to enhance the economics, ie, to make the growth accretive and stop this madness of sharelholder dillution. The last thing we want to see is another -12% for the next 5 years.
And yes, I believe in the market due to the aging population, but I don't believe in shareholder value desctrution