AirAsia has a lot of loans and high operating leverage due to leases. If recession come GG especially the bank's that lend to AirAsia.

But that's what people said last time. "Banks are too big to fail".
For me, I wouldn't want a company managed by people who are corrupt/committed fraud because I'm not surprised if the balance sheet can be fraudulent too. This makes it hard to make decisions.

US restricting travel already

Trump banned more flights today

This stock diarrhea already?

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

Must be bribes and money laundering. Keyword: Offshore

Minority shareholders who bought for the dividend got cut I guess

Money speaks. Big 4 D also when they audit 1MDB

Airport still empty