Seems like that’s what most people here is afraid isn’t it? Want to earn big money by betting on this, but don’t know if the price will keep falling until 0

That’s why I say earlier, if my bet turns out right, I’m suddenly “an investor”, if it turns out wrong then I’m just “a gambler”

We hav same strategy... each round 10k increment... hehe.

Keep falling till zero?
🤔🤔

Please show me the way which counter dropped till zero
🤔🤔

Maybe I didn't see or missed it...

Figure of speech like the recently delisted APFT

0.805 liao

time to collect?

Airasia dividend payout and sales/leaseback program is coming back to haunt them.

I hope it doesn't go into cash flow problem

hopefully not....

otherwise, "now everyone cannot fly!"

Did you understand how AirAsia was able to give out dividends?

Oooh okay 😋

Somehow would be affected...
Because many route is being cancelled or reduce flying frequency....

China gone.. Japan gone... S.Korea gone..
Into US also might be gone.. recently added Indian continent also gone...

Basically gone case for now..
Losses of over 1bil for the financial year is confirmed...

Loss is certain, hopefully no bankruptcy mass panic in aviation sector now, further drop is expected. I’m still lining for the 0.1 interval

While Tony & Co. cash out quite a big chunk already. To the tune of close to RM1bil lol.

Exactly. Sometimes if one takes the stock out of the equation, they will then understand if the stock is worth bothering....

For me, I always ask the simple question...

How was Airasia able to pay big dividends not too long ago?

Well, they already decided they needed the sales and leaseback. Debts gearing was way too big already. Unsustainable. Esp when you have less than 1 billion cash and carry more than 12 billion bank borrowings. New planes are coming in regularly (that 19us billion plane order). Ticket sales are simply not growing fast enough. So sales and leaseback was needed.

They then created a wholly owned subsidiary to handle the leaseback, called AAC.

So AAC but the planes and leaseback to their parent company, Airasia.

So voila. Airasia became rich by selling own planes and leasing back own planes. How rich? Was it 1 billion?

And they then got some company to buy this leasing company. LMAO!!

So Airasia got millions and millions and millions to give back to shareholder.

They needed the money cause too much bank borrowings. Instead of trying to lower the debts and improve their balance sheet, they gave out millions and millions in dividends.

Wait. The curveball was the previous year(s), Airasia did a cash call but that cash call (private placement of shares) as offered to only Tony and his partner.

Thinking about it. It was genius. Share placement to its big boss. Subsequently big dividend was given out. I think it was genius. You say?


Yes, the brand Airasia is there. Cheap flights are good. Who doesn't love cheap flights? But since there exist so many other stocks why should I bother trading the stock that carries so much questionable issues?

This post has been edited by Boon3: Mar 13 2020, 11:56 AM

People don't care and they still buy. Buy low sell high ya.

They would be better off buying genm dip.

How true!!

They anchored their believes based on what they witnessed. All full Airasia flights. Every place they visit, all they see is Airasia...... they simply ignore to peep into Airasia drawer and realise that it might be a house of paper airplanes!!

Each to their own you have your analysis, I have my blind optimism!

Can’t help but notice people without a stake in this seems to be more invested in seeing the company go bust than industry short sellers or blind believers I wonder what’s really at stake here - actual money or ego?

with all those questionable decisions, and this year covid causes serious disruptions to their business, any hope for them to survive? it looks very bleak.

Raya will be a good indication see if they can fill at least 70% of their capacity

Flights cancelled. Dwindling passengers.

And then you have the many fundamental issues about the company.

Stocks worldwide has corrected substantially.

Simple question is why need to bet on this stock?