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 STOCK MARKET DISCUSSION V150

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Seng_Kiat
post Oct 22 2020, 05:22 PM

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guys, what do you think about Airasia guys? so ichy to get some at around 0.50 and some more if it further drop .. what do you think? risky move given the current pandemic?
Seng_Kiat
post Mar 9 2021, 10:59 AM

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QUOTE(gapipig @ Mar 9 2021, 10:55 AM)
honestly, I don't have the guts to enter those sectors at all. If I myself couldn't visit or use their service then I can't imagine millions more that couldn't. Seriously don't know how AA can bounce back from this.
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As long as the border is open as usual, I do believe AA will fly high again .. Just matter if they can sustain during this period which I think they will .. I regret didn't buy AA when price was at low 0.50 - 0.60 .. to enter now, I feel scared too ..
Seng_Kiat
post Mar 9 2021, 12:18 PM

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QUOTE(icemanfx @ Mar 9 2021, 12:03 PM)
Our border is unlikely to open by end of this year. it will take up to 2 to 3 years from border opened for air asia business to return to 2019 level.
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Agree with the border open, it may take 2-3 years to fully operates as it was. realistically, AA price was about RM3 more or less and today at RM1. Collecting today and if it really recover in 2 years time, share price back to RM3 level in 2/3 years time. That is return of about 70-100% per annum ... brows.gif brows.gif brows.gif

 

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