or perhaps you could be so naive and thinking that it would go down to one sen?

if you think we have the crystal ball and could tell you why it hasn't go down, we are all millionaire already.

viability of the business lies within its operation. very simple yardstick would be healthy cash flow from operations, if it can still support, plus D&A as well as opex and future capex (maybe not capex in this industry, too capital intensive which requires financing normally), surely no issue.

you want to buy below 0.50 also need people to sell to you below 0.50.

Simply people holding it above

This post has been edited by AhBoy~~: Mar 31 2020, 07:30 PM

Until the planes are up in the air, I will definitely avoid this counter for now.

what are their short term debt and liability?

i am still holding mine and not selling...i bought at very high price...

Rm1?

Rm1?

even if up in the air end of the month or next month..
would there be demand @ people flying?
everyone is scare of Covid 19 now

and many countries ban foreigners.. so No Tourist Visa either

chill..
I know have free 1GB data given..
but don't needed hyper until post 2x lorh

I entered at 0.98 mid of mac.
When i saw 0.55 i went uh....
Right after verdict, tony and kama were cleared, it shots up!

2.50

hahaha...this one funny...

minus the massive dividend, should be less than that, no?

why AA is not 10 sen? here we go...

oh no .... I'm too late. Haven't bought any at RM 0.50 ......

regret for not buying eh?

yup...i consider it was lucky to receive that special dividend. Hence the damage is not too bad...but...still bad...

This post has been edited by PHI_1.618: Apr 2 2020, 09:47 AM

Huhuhu..
The perks of playing golf with you know who 🤑😁
But didn't expect so late...
Was thinking it's during the perhatin rakyat announcement last week...

Well better late than nothing right 😂

Wild speculations... imo.
Not to say never or not possible but some thoughts...

1.Khazanah owns major stake in MAS. Over 69%. Khazanah owns nothing in AirAsia.

Can Khazanah bail out both airlines? Why should it bailout out AA when it has such a huge stake in MAS?

2.Tony and side kick alone owns 60%+ in AirAsia. 60% plus.
Think about it. All the speculators is hoping that the gov bailout 2 person while many in the country, esp the small business are collapsing?

To make matters worse is when one thinks about it. Especially how Tony and his sidekick enlarged their shareholding because of that one private placement recently. And after that special privileged placement of shares, AirAsia gave out obscene special dividends. Think about it...

3. Most of the planes had been sold to the lessor company. So what kind of assets does AA have really? Lease liability is over 12 billion.... Well they used to owe banks in similar amounts...

4. Rest of the stakes are ikan bilis size. EPF is no longer a substantial shareholder.... Again a bailout makes no sense the country is basically bailing out 2 person..... Anyone ok with this?

5. Rights issue... this is probably the logical way to go. But then... is this the way? Would Tony say this is the way. He and his sidekick owns more than 60%... Would they and could they afford to do the rights way?

Rights issue is different meat. It requires topping up more money for a badly managed company. If a speculator bets say 10 million on AA. The rights issue might require the speculator to double their bet to 20 million... And the obvious question is could they afford it and would they be OK betting 20 million in it, more so the rights issue would require the speculator to be committed to the bet for a much longer period of time?

Side note... witnessed occasions where local investors lost mega millions due to rights issue! Cavaet.

6. The other option of course is to placed out a new block of shares. Any takers?

7. The area of focus is really their hedging. Said it to many times already.....

This post has been edited by Boon3: Apr 2 2020, 10:47 AM