yes but this 1 is correct. the share no dilute but climb even higher.

Sorry late reply.

I am not following stocks like Icon. Not in my setup.

As it is, I do not indulge in such stuff. My focus is on me and myself. My setups and how to improve myself further. If someone can do better, I do not envy their success. I can only do what I can do best and not try to mimick others.

actually this 1 today bursa just announce that this share become "designated securities" due to speculation. no easy money after all

why tht day fly higher above 70c?
broking firm doing buy back who those client bought before ex and sell full qty instead adjusted qty..
i keep laugh when they show off earn 300% bla bla bla

post #

Utterly BS.

If I were to want to bottom trade a dead fish in AirAsia, I definitely would want to know what the f is going on.
I might be a trader but I am not a headless gambler. Need to address the risk involved in the trade.

The US50 million was paid to sponsored sports team NOT owned by AirAsia. Not owned by AirAsia. Keyword.
That was in 2012.

Why would AirBus make such a sponsorship? And that F1 team, was practically an unknown....

I remember that huge contract signed by AirAsia to buy 200 new Airbus planes in 2011. Keyword 2011. AirAsia buys 200 new planes, AirBus next year sponsors Ah Tony F1 team.

How much was the deal? US18 billion if I remembered correctly.

What was so absurd about the deal was AirAsia backlog of planes to be delivered as already a lot. Something like 80 or 90 planes yet to be taken delivery by AirAsia. Was there a need to order so many planes when AirAsia had already so many planes not yet taken delivery. Cannot brain some more was back then AirAsia cashflow was so bloody poor.

I laughed my ass of some more because AirAsia had less than 1 billion in cash then. A mountain of debts. More than 10 billion. And it prudently issue a new order of planes worth 60 billion ringgit.

Now we hear that the next year after AirAsia made the insanely massive order with AirBus, AirBus then made the 'ahem US50 million sponsorship' to a dunno what F1 team.

KNS. Exactly like this also can.

Outlook? How can any big investor trust Ah Tony now? And its so laughable when he denies it and even stupidly claim that there are people jealous? Serious? AirBus already admitted guilt by paying BILLIONS in fine la.

( Over the years, you could add in the airport tax issue, the Fuel Cost Surcharge which AirAsia raised like hell a few years ago, the squabble with Mavcom and then we have India AirAsia issue )

Ok, what about AirAsia itself. That Ah Tony built AirAsia out of nothing is utterly crap! AirAsia was financially engineered to be big. Borrow and borrow like hell.

Now any logical business mind would know that such strategy cannot continue as it is forever. Debts needed to be repaid, CONSTANTLY. The past couple of years, saw Ah Tony taking the debts engineering to a newer level. Sell and leaseback. That was actually NOT a bad idea but then AirAsia did the unthinkable. From the sale of planes, it paid out a huge portion out as dividends to its investors/shareholders. Mind blowing.

Now the amount paid for all these financial costs (bank borrowing + leasing) runs into hundreds of millions per year. With the China virus. If planes don't fly, AirAsia cash flow would be hit very bad. How to service its finance?

And Ah Tony bets so heavily on AirAsia hedging..... any wrong swing, AirAsia loses millions! Oil recently had a missive swing up and down. Do I want to guess how well Tony bet this round? The USMYR too had a big swing lately too....

Fundamentally, not smart at all to bet on AirAsia.

Chartwise? Well am I a trader who bets solely on the charts? Charts say jump, I jump?

I always enjoy your writing.. 😆

Where's the damn spider that was in the corner?

Interesting read. would be interested if you can write the same for Hartalega and Supermax too haha

Nice insight.

Karex today how muchie?

so you only invest in mid to small cap? you don't buy large caps / bluechips?

Woahhh!!!

Wait a minute... What I wrote there was taken from a series of reply to a post on April 2019, explaining why I thought it was not a good idea to bet on ppbank when it was around 22++.

OK?

Public bank with 4.5% DY, at current situation means price of RM15.35..wah! I definitely buy.

Public bank with 4.5% DY, at current situation means price of RM15.35..wah! I definitely buy.

But KLCI probably at close to 1300 then..

PB considered good buy? Its lower than 52 weeks low already, and Maybank has returned upwards. Why is PB falling so much?

52 weeks highs/lows are probably the most absurd indicator to use.

Consider this.

1. A stock on a bull run. Hitting record highs.

Won't it be hitting 52 week highs constantly?

Now if one use this as indicator to consider cabut simply cos the stock is already shooting highs and that it would most likely retreat its share price, won't one be selling one awfully short?

2. Stock on a bear run. Runtoh rumah. Plunging down.

Now wouldn't the stock be hitting 52 week lows constantly?
If one buy, then how?

Karex had constant 52 week lows not too long when it plunged from 2+. Karex today is less than 50 sen.

3. PBBank was hitting 52 week lows when it hit 22+ last year. If use this indicator to buy........ How?

My take? Throw this stupid indicator in the longkang. Stock hit 52 weeks low for a reason....

52 weeks only? It's now very close to 5 year low.

How about Prlexus?

This PBB has been in uptrend since 1998... a lot of mom and dad treat it as money printing machines ... got money just dump in only...

what you think?