let me show you this of VIS....

This was Monday's chart...



Volume incredibly well orchestrated, right?
Volume maintained consistently high....
err... left hand jual right hand ... right hand jual right leg... right leg jual left leg... left leg jual right left hand...
lol

now if we look at the left side of the chart...



or the zoom in are of the left side....



we can clearly see that VIS is a bloody TARAK laku stock....

then suddenly all the volume came in beautifully orchestrated....


now thanks to Monday's drama minggu ini plunge..... suddenly VIS became laku.

from 20 sen to even 30 sen....

LOL! stock were sold at prices that weren't possible in 2013.


what do they say about stock distribution again?
are they distributed on the way up or down?

how to trade in stocks by jesse livermore

surprising their financial report looks nice

This post has been edited by spring onion: Apr 30 2014, 08:51 AM

lol vol looks consistent through out the whole period of sideways or uptrend....definitely single handed operated counters.

Yup. Good job or what.

... and then because of the plunge.....
... many of our punters....
somehow are programmed to think that fallen stocks means opportunity!

little do they know...
they are providing the perfect storm for the operator to REALLY start distributing DUMPING their shares.

LOL!

huh?

nice meh?

are you sure?

tell me, what's nice?

haha what opportunity? what change in the fundamental? got new contract? or venture into new business that has massive growth potential?

if none, don't bother.

they probably going to push up a bit more, before finally dumping everything. haha

Shhhhhhhhhhhhhhhhhhhhhhh..... now VIS is up 10%!

LOL! LOL! LOL!


This is why everyone love the stock markets!

still showing profit. last time i looks at it it seems ok

The profits came in or was helped by their high leverage strategy.

But there's a massive price or massive risk by such strategy.

It needs to keep borrowing forever.

Debts are increasing forever.

Last count? Their debts is now over 10 billion.

best is look at it is to look at the upcoming quarter report

borrowings 9bil this year compared to 7bil last year... but their property, plant also increase as well

Feb profit notes showed over 10 billion la.....

Property, plant sure to increase due to the purchase of aircraft (which is a diminishing asset)....

it's caught in a financial whirlpool which is caused by the poor airline economics of business....

airlines need new aircrafts constantly.
it's a must.
who wants to fly in an old model aircraft?

to buy the new aircraft...
it needs to borrow like hell.....
if you read the report notes...
due to their big fei kei orders recently....
their borrowings can easily go over 50 billion in the future...

and then what do you get in return?

more competition (new budget airlines).....

and then.... your cost is actually increasing...

new lcct means higher costs.....

what about other costs?

it's a lousy business to be in.

Most businesses are like that. How many really able to take it good profit?

ahhhh vechicle as asset is actually a bad asset i aware that iarasia order many airbus so what are they going to do with the old plane? and also means that we won;t be able to get cheap fares in future?

you are worried about future cheap fares?

thing I am very worried is....
one day in the future....
when AirAsia loans go over..... say 30 or 40 billion..... and AirAsia gets into trouble....
will the rakyat faced with a massive, massive .....rescue bill?

I don't think rescue would come into effect. It's not like Tune has a bloody good relationship with the government anyway. In fact, more times than not, they have been very vocal against the government. Worst case, khazanah comes in and buyout.

It's MAS that you have to worry about

Why would the government help AirAsia? Seems like the government hates AirAsia, based on all the arguments over KLIA2.

MAS malaysian pride. airasia? mamak era gone since mahathir

We can hate ppl..but we cant hate the money...

When problem.see how our Tony want to sell cheap valuation...

khazanah only see business model and cheap valuation

MAS does not have such a spiraling debt issue as AirAsia.
IINM AirAsia recent plane order is more than 50 billion ringgit.

50 billion ringgit.

AirAsia currently have 1 billion + cash...
Cash is decreasing each quarter.....

not an issue?

I think you have a point there......

however the other clear point from a business perspective....
it's quite clear that KLIA2 is not good for AirAsia since the new terminal will put a massive problem to AirAsia's supposedly low cost model....