Good man. just keep to your long term goals don't panic and listen to those screaming to sell. those are people looking to buy your loss.

my aax is vomiting as I am looking at it.

here's my objective thoughts on all this.

Its a miracle that they managed to make profit after how much our currency has depreciated esp when international airports charge AAX flights based on their local currency. of course this quarter will be less compared to the one before trump got in power.

also all this talk about merging AA and AAX has been fiddled around and when it doesn't happen.... panic sell.

AA and AAX will be profitable when our currency is strong and petrol price is low.

dividend magic going to the agm tomorrow to give Tony Fernandes a good grilling?

First time in my stock investment I see my money fast shrinking. It's a little humbling...but not as bad as those who lost in airasia.

When currency is down invest in export companies.

When currency is up go for travel and consumer products.

Impossible. Tenaga always fluctuate between 13.8 to 14.

Actually what the Fcuk happened to airasia and airasiax. I went thru the reports. It's a profit making company albeit less.

It's not like magnum and IWC

This post has been edited by Avangelice: May 24 2017, 04:59 PM

Source: Hong Leong Investment Bank Research
From: HLeBroking EM Hub

KLCI: 1,771.01 (+3.84 pts)
DOW: 21,012.42 (+74.51 pts)
MSCI ASIA Pac (MXAP): 151.70 (-0.16 pts)
FCPO: RM2,581 / MT (-36)
BRENT: US$53.96 / bbl (-0.19)
USD: 4.293 (-0.001 pts)
SGD: 3.091 (-0.006 pts)
EUR: 4.802 (-0.029 pts)
GBP: 5.578 (+0.000 pts)
US: 10-yr yield (-0.03 to 2.25%)
BNM: 10-yr yield (+0.02 to 3.88%)

Cut off time: 7.45am (25 May 2017)

US: US stock markets continued to progress higher after the Federal Reserves meeting minutes suggested that it would scale back its US$4.5trillion balance sheet. Also, the Fed mentioned in FOMC meeting that the interest rates hike will depend on the situation of the US economy.

Asia: Key regional indices ended on a positive note ahead of the Fed’s meeting minutes while investors also stayed mildly bullish prior to the OPEC meeting as Brent crude oil stayed firmer near US$54.

Bursa Malaysia: Tracking the positive performance on the overnight Dow, the FBM KLCI (+0.22%) ended in the positive territory, but the FBM Small Cap Index slipped 0.07% as profit taking activities were seen across the board. Market breadth was negative.

Outlook: As the market shifted their focus temporary on the Fed's meeting minutes and interest rates hike possibility, we opine that investors will extend their relief rally over the near term with the Dow securing above the psychological level of 21,000. Meanwhile, share prices on the local bourse could see another short term gains on the FBM KLCI following the feel-good mood from the overnight overseas markets. However, we opine that the FBM KLCI's upside will be limited around the 1,780-1,790 level as traders may be still deploying selling-into-strength strategy after the recent profit taking activities were noticed across the small cap and lower liners. Nevertheless, the launch of Mid and Small Cap Research Scheme by Bursa Malaysia later today may cap the downside of such activities.

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Yeah. I'm just trying to calm my nerves and not give up and press that sell button because someone or some entity is actually buying up all the aax shares by the lots

aax trading volume is still crazy. ada orang goreng this counter for sure

I'm keeping to my goals which is to invest because of the company not in the price of the shares. That said I'm holding on without adding more. (No more bullets to play anyways, need money for that engagement ring)

fucker Tony Fernandes siphoned off AAX profits and stocks to pump into AA to sweeten the AAC deal. fuck him.

bloodbath may be eminent either today or Monday.

he purchased multiple lots in AAX before it hit 0.55. then before the blood bath but he traded them away. That was right before the announcement of the Q1 report.

also he himself teased about the merger between AAX and Tune pro via the media. hence why everyone was clamoring to buy into AAX. then yesterday he emphasized that he is not merging.

All this because of the China deal was falling through. now no news. I'm not even angry at him it's a masterstroke of a maneuver

add on he increased pay for airasia staffs and you know when someone increases the staffs pay rather than rewarding the investors you know something is up

my two cents

for AA I would say it's because of shorties trying to take a quickie through this counter but they are being burned left and right. look at the volume of trades for both AA and AAX. way too many shares lah. spoil the counters

Don't get me wrong. Airasia is one heck of a company. they survived through thick and thin against all the big airlines that are Goverment owned.

the fundamentals are there and I am holding on AAX for a long time but be advised I can see hidden hands with big pockets meddling in these two counters. not for a faint of heart.

so damn. I'm sorry man. Its going to take till end of the year or next year Q1 to get to 70cents to 1 myr

and it just shot down to 13.98. lol.

get used to it bro.

of course bleed lah when people compare Q416 to Q117
when myr was trashed and foreign investors ran to us to enjoy Trump's win. sometimes the Malaysian market reminds me of that fidgety guy who gets nervous about everything and jumps at every scare.

yep. my aax is gone case already. I'm deleting it off my watch list to protect my heart and I'll come back end of the year or next quarter to see if it is salvageable.