I think that only applies to airlines without a cable....

those with a government support should prevail ...

So It's only MAS would get bailout huh as usual 😋

This stock diarrhea already?

AAX 5 cent left. Wew.

0 cent means gone?

50 cents already

Obviously the biggest risk right now is....... Airasia needing funding and Airasia decides to go the rights issue way.

Rights issue is always deadly to the unsuspecting 'investor'.

One can easily invest say 20k into the stock.
But if Airasia decides a rights issue, the investor is forced to dump some X amount of extra money into the stock. A 20k investment can easily double into a 40k investment. If the investor has that extra 20k to pay for the rights issue, ok. But what if the investor don't have or doesn't want to?

Yeah, the investor could salvage by selling the rights to the rights issue to salvage back some cash. But huge losses will occur once the newer shares are listed....


With most planes being already pawned for leasing... I would not discount this.

Beware!!

This post has been edited by Boon3: Mar 19 2020, 03:55 PM

Worse yet to come...
First was thinking of buying..
But after sifu advice.. now just watching the show while eating popcorn 😅😂🤣😋😁

go up 5 cents yo, those who scared bankrupt or delisted, this is the chance.

But they expect to make over 1bil losses...
Many places block Malaysia & foreigners from entering....

When I was reading about the RM 499 unlimited pass from AAX, I thought the situation is not just bad, it must be absolutely desperate.

Certainly would not buy the stock, but also cannot :popcorn:

I love AirAsia for so, so, so many years, would cry many tears if they crash. Maybe the stock cannot be saved, but the company must be saved.

Well they the trend setter for Asia Low Cost airline..
After them only we see others countries also have their own LCC 👍

this one, can do quick trades only.

to hold/keep, i wudn't touch it with a 10 ft pole.

all arilines in the world are already screwed big time... some already bankrupt/closed.

and things will not change for months.

moreover, locally, we have a history of bailouts, SPV, money shifting, vested vulture parties ... too much politics with AA and MAS.

u never know what shit will fall on these 2... i wudn't want to pay for their actions.

AAX is a different company and is listed under AAX; not AA.

Buffett just bought shares in Delta airlines, but he got balls of steel!

some will survive, even stronger when all blows over.
the man has done his homework.

anyone done same homework on AA or MAS?!!

still need to do homework meh?? It's a loss and more losses.

Buffett has the money to pump in cash in exchange for more lucrative deals.
Previous recession, he rescued Goldman Sachs and General Motors by giving $5b each at a 10% interest rate.
He also received options to convert into shares should the price go up.
These deals had to be offered because cash is king during recession and not many has money and liquidity so these companies were desperate.

Right now, hopefully someone can lend assistance to AA. Otherwise, they may need to have a rights issue.
Tbh, really padan muka T0ny and AA because they paid out too much dividends in the past 2 years.
Now short of cash, really padan muka and serve them right.

This post has been edited by Yggdrasil: Mar 20 2020, 12:27 PM

Berkshire bought those shares in Feb 2020. It's an additional purchase. So it's not the same as saying he just bought.

Furthermore, let's not forget this investment has lost more than 60%.

And let's not forget that Berkshire has it's fair share of bad investments mistakes.

Make no mistake the next 2 quarters should be really painful for Airasia. We are now adding in of at least 2 weeks of shutdown. Can you imagine how badly the sales will be?

Furthermore, once thd lock down is lifted, how many will be as gung ho to fly here and there. If a kind soul would give you free air tickets to Rome next month, would you dare to go?

No no no.

You HAVE to put into context that this special dividend was paid out right after AA allowed Tony to subscribe to a special placement of shares.

https://www.theedgemarkets.com/article/aira...or-shareholders

That was 2017.

2018. Special dividend 40 sen.
2019. Special dividend 90 sen.

LOL. Who benefited more?

And those dividend money came from where?

Must be bribes and money laundering. Keyword: Offshore

Minority shareholders who bought for the dividend got cut I guess