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 BREAK: Capital A sells AirAsia Malaysia

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vhs
post Jan 8 2024, 08:47 PM

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So Capital A share price low now? Can then sell cheap cheap to another company owned by self at cheap price? meaning buying shares cheap cheap from other investors? 5 years ago 3 bucks now less than 1 buck
vhs
post Jan 8 2024, 08:54 PM

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5 years ago you bought share at more than RM3. Now only worth RM0.80. At least you can still brag company assets owned by you, airline pretty amoi work for you.

Now after sold, you get back RM0.80. And cannot brag assets owned by you and pretty amoi no longer work for you.

vhs
post Jan 8 2024, 09:03 PM

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https://www.marketscreener.com/quote/stock/...913001/company/

Ownership of Air Asia X breakdown:

Name Equities %
Tune Group Sdn. Bhd. 16.54 % 73,960,286 16.54 %
AIRASIA GROUP 12.77 % 57,072,850 12.77 %
Kamarudin bin Meranun 8.292 % 37,070,993 8.292 %
Tony Fernandes 2.490 % 11,130,372 2.490 %


By the way, Tune Group is 40% owned by Tony also. Kamarudin also have shares.

This post has been edited by vhs: Jan 8 2024, 09:04 PM

 

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