How to take action. The direct person involve say keep away but what about his relatives his friends his drivers family. Lol.
But funny enough there r ppl who takes this opportunity to sell

But honestly say tony gets a funding , a soft loan announce it. How valuable is that news

lockdown is an unknown isnt it. nobody knows how long it will last

Main issue is this....

WHY???

Think logically. So say, miraculously we are all good by end of month. Ok? Assume.

But then... Thailand, Indonesia, Philippines and India. Countries proposed. How safe will they be?

AA fly ppl there..and when they return... what if virus is brought back?

Dare say not possible?

Shall we risk infections all over again?

Mau MCO again? One more time?
The more I think about it, the more pissed off i am. This sounds utterly selfish act by AirAsia.

Look on the brighter-ish side. Msia is not major financial hub, majority of Economic activities are fueled by SMEs instead of highly leveraged one like EU or US. Once this pandemic is relatively contained (which won't be for a while) , economy will start back up.

The verdict is out isn't it? Not guilty right

Oh yes. One day the pandemic will be contained but it is way too soon and way to reckless for AirAsia to announce they will start flying.

Think about it. They are announcing that they are open for business when they have yet to get approval from authorities. What does this say? Are they bigger than the govt? What if the MCO is extended and what if some folks bought tickets only to find out they cannot fly? Will AA then ular here and there and then ask customers to accept credit refund?? Isn't this an unscrupulous marketing? No give govt face ah? Just like last time govt say cannot charge users for using credit cards but yet, AA blatantly continued with their charges....

The verdict was given by bdo governance advisory sdn Bhd. This company was hired by AA itself. So what kind of verdict, is that?
If AA not guilty then why Airbus so stupid and paid the fines?

All said, it is most important we kill the virus 110%. There can be no relapse. A relapse will wipe us out surely!!!!!

Can you imagine another MCO? Just because AA decided it wants to save itself by flying again.......

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

AA posted 800mil loss for Q1 only 🤭

Never learn from its mistakes, no?

In short, whoever holds AA shares until Q2 report comes out = needs their head checked?

KUALA LUMPUR (July 7): AirAsia Group Bhd’s external auditor has issued an unqualified audit opinion on the material uncertainty relating to the group’s going concern, in view of the current economic condition and Covid-19 pandemic.

https://www.theedgemarkets.com/article/aira...g-going-concern

1MDB is backed by assets despite all the negative propoganda. AirAsia doesn't even own a single plane (or already sold off most of it) !

Didn't know bandar malaysia and TRX can float

I dont get why people like to buy debt and liabilities. But seemed market is telling us people really do like it.

I guess just the brand name of airasia is worth few billions of intrinsic value.

... and he's still not addressing the core issue.

AA was built on debts. All the problems AA is facing is cos he got greedy and expanded too rapidly, borrowing way beyond its means to built brand name.

And when a house of a cards is built too high.. it collapses.

Does AA deserve the second chance?

Nope. Let them game over and close down

They cant / refuse to pay airport tax. Big red flag.

The truth is out there.......
That article from the Edgemarkets has one very important point....

https://www.theedgemarkets.com/article/aira...-shareholders-0
That part in bold...

Bursa had to extend that special privilege placement 4 times and that it required boss 1 and boss 2 to borrow!!

Empat kali lo...

Borrow to buy the new shares... 559 million new shares .... the share were priced at 1.80.

The dividends since Jan 2017... ie the dividends since these 559 million shares were issued...



Total dividends given out since then.... 178 sen!!

WOW!!

Borrow to fund 559 million shares at 1.80. Get back 1.78 in dividends per share.

Not to forget the direct shares they had.... Boss 1 had 1,600,000 shares. Boss 2 had 2,000,000 shares

( source:
https://www.bursamalaysia.com/market_inform...?ann_id=2732191
https://www.bursamalaysia.com/market_inform...?ann_id=2732190
)

 
So would I be wrong to say the following... when AA had excess money, boss 1 and boss 2 would die die borrow to buy new shares in the company so can profit from the dividends...
and now the company is in dire straits.... why boss 1 and boss 2 no want to die die borrow to buy new shares in the company to save it?

and then... when we think about it...
AirAsia had the money...
Yes they had the money, which came from all the disposal of planes but they gave most of it away as dividends...
now.. they want to borrow?

whose fault? wanna to blame covid 19 meh? how about calling it as it? Mismanagement by boss 1 and boss 2!!!

This stock until when can I break even? I'm stuck at 1.20. See paper loss every night cannot sleep. 2021? 2022?

depends on how long the travel ban is gonna be. if next year also cannot travel then gg loh.

don't forget some of the non-current liabilities may turn into current liabilities for the coming FY.

in view of this, there could be more creditors piling up as time goes by.

i'd say, they may die even faster (figuratively).