It wont happen right now.. maybe mid 2021 or end 2021.. but no pandemic no momentum..

It's all over the news.
Tony has been trying to diversify out for some time now. Their new F&B chain Santan is in a few locations.
They are also trying to use their Tech platform to go against GrabFood and FoodPanda.

https://www.soyacincau.com/2020/12/29/tony-...ivery-business/

When trying to transition, you first need to make sure your new business catches on.
If Air Asia sees success in the tech space and captures market share, then you move into Phase 2 of the transition.

And if you have a strong tech platform, then you can try be an aggregator and try to beat Trivago at their game.

Don't just look at their primary business, good business move to where the money is.
Wriggley's chewing gum didn't start off selling chewing gum. They were a soap and baking soda company. Likewise, IBM didn't start off making computers.

wow wow D&O, another bull rally.

Anyone here holding TASCO?

This bull quite dangerous..

I no dare chase.

wow wow D&O, another bull rally.

Actually, I'm quite pessimistic on their endeavor.
To push for adoption and eat into the market share of those big players, they will need to burn a lot of cash.
In their current situation, I'm not sure they have big enough pipe to do that.
Beside, what they're offering are nothing new.

crazy, I was staring at screen contemplating if I should enter at RM 1.9x = =

Chasing highs?

suddenly market is so active across so many counters in the last 5 minutes..

There was that domino effect once the RM 6 level is breached that we spoke of yesterday. Mass selldown at 4.42pm which kicked it down just below RM 6, which looks to have triggered more selldowns. Think that was a good RM 15 - 20 mil pressure in the final minutes.