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 Capital A Berhad /AirAsia (5099), Asia's largest LCC group

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westernkl
post Feb 3 2020, 08:48 PM

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QUOTE(moosset @ Feb 3 2020, 08:09 PM)
but in the long term, I don't think gov will let AA to go bankrupt, right?

if AA goes down, it will badly affect M'sian tourism and economy. I'm sure they will do what they can to help AA.
*
What price is the lowest?
Rainings
post Feb 3 2020, 10:08 PM

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GG, below RM1
https://www.malaysiakini.com/news/509423
!@#$%^
post Feb 3 2020, 10:26 PM

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QUOTE(Rainings @ Feb 3 2020, 10:08 PM)
drop drop drop.
AhBoy~~
post Feb 3 2020, 11:05 PM

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QUOTE(moosset @ Feb 3 2020, 08:09 PM)
but in the long term, I don't think gov will let AA to go bankrupt, right?

if AA goes down, it will badly affect M'sian tourism and economy. I'm sure they will do what they can to help AA.
*
Don't expect gov save AA while MAS itself is a black hole
TSnexona88
post Feb 3 2020, 11:11 PM

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QUOTE(Rainings @ Feb 3 2020, 10:08 PM)
Hmm..
So the 2 person is them after all...
Tomorrow sure GG one 🤔
TSnexona88
post Feb 3 2020, 11:13 PM

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QUOTE(moosset @ Feb 3 2020, 08:09 PM)
but in the long term, I don't think gov will let AA to go bankrupt, right?

if AA goes down, it will badly affect M'sian tourism and economy. I'm sure they will do what they can to help AA.
*
If really trouble..
Don't think government would get involved..
More like foreign investor comes into the company...
AA is Asia's biggest LCC... That really carry weight 💪

This post has been edited by nexona88: Feb 3 2020, 11:14 PM
woonsc
post Feb 4 2020, 07:54 AM

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HODL!
donhay
post Feb 4 2020, 09:27 AM

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in my portfolio AirAsia is definitely the most drama. There's suspense, when the price of the oil surge after the attack on Saudi Aramco oil field. There's joy, where they give wonderful special div. There's sorrow now with the corruption saga.
moosset
post Feb 4 2020, 09:57 AM

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collect at RM1.20??
TSnexona88
post Feb 4 2020, 10:13 AM

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The saga yet to begins tongue.gif
So much rumours I getting..
Don't know which is which now...
Some involved politics too devil.gif

For now.
All can I say..
Stay away first... Temporarily until case settled or have some kind of ending...
moosset
post Feb 4 2020, 10:41 AM

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QUOTE(moosset @ Feb 2 2020, 03:23 PM)
for real?

but I think it'll only reach around RM1.20 ....
*
Wah... Really hit less than RM 1.20!!! laugh.gif


This post has been edited by moosset: Feb 4 2020, 12:23 PM
liangzai84
post Feb 4 2020, 12:28 PM

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Tony Fernandes and Kamarudin just resigned from AirAsia today
Avangelice
post Feb 4 2020, 12:40 PM

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QUOTE(liangzai84 @ Feb 4 2020, 12:28 PM)
Tony Fernandes and Kamarudin just resigned from AirAsia today
*
For two months.
TSnexona88
post Feb 4 2020, 01:57 PM

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QUOTE(liangzai84 @ Feb 4 2020, 12:28 PM)
Tony Fernandes and Kamarudin just resigned from AirAsia today
*
Temporarily only devil.gif

btw it's yesterday news...
u slowpoke leh dry.gif
AVFAN
post Feb 4 2020, 02:27 PM

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QUOTE
PETALING JAYA: In the past week, the Employees Provident Fund (EPF) has disposed of 7.92 million shares in AirAsia Group Berhad.

According to two separate filings on Bursa Malaysia, the retirement fund disposed of 7.43 million shares on Jan 28 and another 492,500 shares the following day.

After the disposals, EPF continues to hold 210.4 million shares, representing a 6.29% stake in the company.

This was a couple of days before allegations that the airline received a US$50 million bribe from aircraft manufacturer Airbus was reported. AirAsia has vigorously denied the allegations.
https://www.freemalaysiatoday.com/category/...claims-emerged/

greyshadow
post Feb 4 2020, 02:56 PM

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AAX at all time low @ 0.11, good time to buy?
TSnexona88
post Feb 4 2020, 03:59 PM

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EPF knows before anyone else?
hmm.gif

insider trading? but no action would be taken I guess.. since it's "national asset fund for employee" devil.gif
westernkl
post Feb 4 2020, 05:40 PM

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QUOTE(AhBoy~~ @ Feb 3 2020, 11:05 PM)
Don't expect gov save AA while MAS itself is a black hole
*
This sounds make sense too.
westernkl
post Feb 4 2020, 05:41 PM

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QUOTE(AhBoy~~ @ Feb 3 2020, 11:05 PM)
Don't expect gov save AA while MAS itself is a black hole
*
If AA goes byebye, what will happen to all investor money?
moosset
post Feb 4 2020, 05:58 PM

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QUOTE(AhBoy~~ @ Feb 3 2020, 11:05 PM)
Don't expect gov save AA while MAS itself is a black hole
*
I expect gov would come to the rescue.
1. EPF still has 6%++ in it;
2. AA is profit making, unlike MAS. Saving MAS is for pride; saving AA is for Malaysia's benefits, not just tourism. It's AA that has made Malaysia a hub, like Emirates is for Dubai, Etihad is for Abu Dhabi and Qatar is for Doha. Saving AA is in their (and also in our) best interest;
3. Many cheapskate companies still ask their employees to travel by AA. Without AA, domestic travel would be way more expensive.

QUOTE(westernkl @ Feb 4 2020, 05:41 PM)
If AA goes byebye, what will happen to all investor money?
*
investors would lose money lo .... that's all. laugh.gif

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