Why i sold SIA Engineering

The company is still making profits with reasonable amount of debts. Fundamentals remain intact in its Singapore business.

However, its overseas ventures are facing stiff competition and profit margins are heavily affected. This problem will have a long term impact on its profit growth.

While the stock have declined, it does not mean that this company is not doing well. While Changi Airport in Singapore are expanding to accommodate more aircraft, SIAEC should have this constant revenue stream given its already dominant position here.