QUOTE(max_cavalera @ Mar 5 2015, 04:49 PM)
I was baiting airasia bid at 2.39 since this morning...no one seems to take the offer heheh

LOL!
After buying, what's next?
Give a reason why others might want to buy?
..... can share?
Here's some reason why others might not want to buy....
So oil down, AirAsia could not profit (why? They jumped the gun and started hedging their oil bets way too early)
Apparently... (LOL! Was it hard to recognize this factor) .... weak ringgit vs the USD hurt them a lot!
Situation now? Oil improved... off the lows....
BUT ..... our Ringgit still got weaker....
which means? if based on oil and USD factor... logically... we could be looking at another set of shit results for AirAsia come next quarter....
make sense?
Earnings was also hit by larger financial cost.
Is this going to improve?
Clearly no.
More delivery of air planes should be expected....
which means their current 12 billion debts should increase......
Over capacity issue.
Did you notice?
How is it going to improve when more new planes will be delivered?
weigh out the pro and cons....
weigh out your RISK....
don't just look at the share price........................
then only make your decision to buy or not..........................