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?

If anyone is still interested in investing in AirAsia, I'd highly suggest to compare to the performance of budget airlines around the world, especially take a look at their core performance indicators such as RPM/APM/Passenger capacity/Debts and balance sheet strength, including their fuel hedging strategy (or lack of it). Then compare their stock market performance to see which one has been beaten down way worse than AirAsia.

Those that have a stronger performance/financial position and shares that have declined way more is a better bet for upside.

Hint: Spirit Airlines.

Just my 2 cents. Study well before putting your hard earned money in any counters. Facts don't lie (unless of course there's accounting manipulation )

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?

wah.... you're not a shareholder also research so much about the company?? 

Is this your day time job?

My opinion(S) on all Airasia issues can be found all over the forum. I had been consistently critical against the way the company had been run. It's a sham. A company built on credit cannot be sustained.

A house of paper airplane.

Not many ppl read the AR n even lesser understand that AA was an aircraft-leasing company few years back should u judge a company based on its sources of income.

Not many ppl read the AR n even lesser understand that AA was an aircraft-leasing company few years back should u judge a company based on its sources of income.

Well exactly. The facts are all there that the company financial engineering is not gonna last. Many questionable issues. The incredible intercompany transactions. The layers and the layers of it. The integrity issue of the boss.  The hedging issues which highlighted the boss tendency to bet rather than to hedge.

the last thing one of the stock owner will ever found out it is flying cans of worm 

Problem is once the issue of stock price is factored in most issues are usually ignored.....

Good tips!

I’ll take your word and put a small sum on spirit airlines

Airasia will drop to what price? Think to get some when bottom price. Any idea?

Airasia will drop to what price? Think to get some when bottom price. Any idea?

MAS tells staff carrier risks bankruptcy amid Covid-19 travel ban
https://www.themalaysianinsight.com/s/228941

Virus could bankrupt most airlines by end of May
https://www.thestar.com.my/news/regional/20...s-by-end-of-may