I'm sure u managed to get all the special dividend right?

Calculate it with your entry cost..

Still losses of 40%?

I'm sure it's would be minimal to none...

Personally.. AA recovery would take little longer...
At least another few more years.. demand won't recover this year for sure.. next year might have some chance...

U can wait or not?
Best to cut loss...

Hmm.
If budget airline can price very competitive against others.. they might get additional pie...

Because I'm sure many companies cutting cost...
Executive also needs to fly budget 😁 no more full service 😩

don't know what's going on about the so-called bailout..
seems like nothing is moving right now? or maybe backdoor dealing nego goin on?

well cost saving measures to survive..
so it's become half service airline

Thai AirAsia considers merger
https://www.theedgemarkets.com/article/thai...E2%80%94-report

slowly others places would happen..
finally In Malaysia.. Possibility with Malindo?? or MAS
since both also bleeding... Government seems lack of $$ to bailout

Airline won't be recovering at least another year..
So cost cutting is the way forward...

The director fee also needs to be cut..
Too much being paid now...

https://www.malaymail.com/news/money/2020/0...eakeven/1882027

AA posted 800mil loss for Q1 only 🤭

Basically this financial year is not good for airlines 🤭

Better not touch for now 🤭

Malaysia also have..
but not openly

u think where AA got 1bil injection $$$
mixture of gomen & banks

Short sellers take aim at AirAsia after stock hits 1-year high

KUALA LUMPUR (BLOOMBERG) – Short sellers are circling AirAsia Group Bhdafter the stock more than doubled from recent lows.

The carrier, once the pioneer of a low-cost flying revolution in Asia, is now the third-most shorted stock by volume in Malaysia, exchange data show. Top Glove Corp remains at the top of short sellers’ list, which includes other glove makers such as Kossan Rubber Industries Bhd and Hartalega Holdings Bhd.

AirAsia shares have jumped amid bets the worst may be over as global vaccine roll-outs boost market hopes for global reopenings. The rally has left the gap between analysts’ 12-month price target for the stock and its current value at the widest in almost three years. Its relative strength index rose to 83 on Monday (March 15), a level signaling overbought conditions.

While a revival in travel “will be exponentially rewarded in airline stocks, in the case of AirAsia there might be some concern around balance sheet,” said Nirgunan Tiruchelvam, head of consumer sector equity research at Tellimer. “Within the cohort of airline stocks, it might be looking a bit vulnerable.”

AirAsia was highlighted a month ago in the online community by Bursabets, a Malaysian version of Reddit’s WallStreetBets forum, with the title ‘Any BULLS wanna fly with AirAsia?’ The stock trades at RM1.23 versus the 12-month price target of 55 sen. It has surged almost 40 per cent so far this year.

Source : https://singaporenewslive.com/short-sellers...stories/150644/

well market is irrational....
can hoot @ goreng "useless" counter until cannot recognized....
then dump it all the way

so matter of time only...

AirAsia proposes name change to Capital A Bhd, awaiting shareholders, regulatory approvals

AirAsia Group Bhd (AirAsia) has proposed to change the company's name to Capital A Bhd.

In an exchange filing today, the low-cost carrier said the name was approved by the Companies Commission of Malaysia (CCM) and reserved by the company on December 28, 2021.

However, the change of name is subject to the approval of the shareholders of the company at a general meeting to be convened at a date to be announced later.

"A circular to shareholders with details of the proposed change of name will be issued to the shareholders in due course."

AirAsia said the proposal, if approved by the shareholders, will take effect from the date of issuance of the notice of registration of new name by the CCM to the company.

AirAsia had recently completed its renounceable rights issue to existing shareholders, raising RM974.5 million to provide support to its overall fundraising strategy.

The rights issue entailed the issuance of seven-year redeemable convertible unsecured Islamic debt securities (RCUIDS) with a nominal value of 75 sen each, plus free detachable warrants, on the basis of two RCUIDS with one warrant for every six AirAsia shares held.

Group chief executive officer Tan Sri Tony Fernandes said after the most challenging two years in commercial aviation history, the end was finally within reach.

"We have survived the pandemic. We have restructured, relaunched and are now in a stronger position to recover faster.

"We have used the downtime in flying to review every aspect of our airline operations with a strict focus on cost containment and implementing an optimal network and fleet strategy to put in place a solid platform to return to the skies leaner and stronger than ever in all key markets," he said.

Well one of the many reasons 😬

got confident.. on what the future of the company.. and it's management..
stay.. Hold...

no confident.. expect to get worse & price fall even lower..
sell at loss & treat it as learning fees

Long time already sold..

Now eat pop corn watch afar away 😋

Bought because think about the business plan..
But as time passes by... Debt keep getting bigger with unreasonable orders of Airbus Planes... Then the fuel contract thingy.... So sold it..

Then saw got short term prospect when the poker guy entry..
Ride & sell at small profit later 😁😏🥳

No looking back for now .

Now trying to con those in US
And gets more international exposure....

So that free shares for Capital A still on going process right
?

Remember Tony said around September..

So EGM around August??

Been like years under PN17 status...

Their foreign shareholding also not like old days... Wayy lower now....

RM6bil capital reduction for Capital A

https://www.freemalaysiatoday.com/category/...f-up-to-rm6bil/