could be from 52 week low to 3 years low and then 5 years low

if it goes even lower, I think Tony & partner would start buying spree just like last time

AIRASIA Analysis – http://lcchong.wordpress.com/2013/11/23/ai...is-20-nov-2013/

Touch 2.39 yesterday which is 52 weeks low

first time break lower than ipo price

AirAsia IPO price around rm1.16?

AirAsia, first M’sian operator to gain RNP-AR-APCH operations approval

AirAsia Bhd has become the first Malaysian operator to obtain approval from the Department of Civil Aviation (DCA) to fly the Required Navigation Performance Authorisation Required Approach (RNP-AR APCH) flight paths.

The DCA granted the approval after the successful validation of the flight paths in Penang, the airline statement said today.

RNP-AR APCH procedures can shorten the distance an aircraft has to fly en-route, reduce fuel burn, exhaust emissions and noise pollution in communities near airports, which can help air traffic controllers trim flight delays and alleviate air traffic congestion.

AirAsia has collaborated with GE Aviation, a subsidiary of General Electric, and DCA on the nationwide flight path programme since 2012 to improve operational efficiency at 15 local airports.

Giovanni Spitale, GE Aviation Flight Efficiency Services General Manager said the flight paths can save nearly 12 nautical miles per approach at Penang, 23 nautical miles at the Kuching Airport and 18 nautical miles at Kota Bharu, compared with the standard terminal arrival.

"Once the flight paths are in place at 15 airports in Malaysia, AirAsia expects to save up to RM1 million a year from reduced fuel costs," he was quoted as saying in the statement.

Hopefully q4 outlook will be better and they are able to turnaround with the fuel cost and so forth..
If the YoY performance is still decreasing, then really can cut loss already. .

may we ask if you don't mind, you invested at what price?

I bought at 2.60 before budget 2014 releasing.. thought of budget can boost up the shareprice, but unfortunately.......

Don't worry, Tony knows what to do.

the graph looks like it's going to bounce.

Dun depends so much on graph

Sometime graph will lead you to Holland.

lolxxxx..

the candlesticks do seem to indicate a change coming, imo.

bot some at 2.33. will see if it leads me to holland or a Xmas present!

out of topic question..

what is the meaning lead to holland?

and where it it come from?

Closed @ 2.29
Lowest closing for past 3 mths

Hope today can rebound back! God bless AA!

rebound need time. year end no one buying air ticket, all had bought in advance