Hi seanlel, what is your target price for AirAsia?

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Added on June 14, 2009, 10:22 pmAirbus investigation still ongoing, H1N1 virus still running around, oil prices on the rise especially since Mid East producers want it at USD75....

Why do you say it will reverse to uptrend?

This post has been edited by VyvernS: Jun 14 2009, 10:22 PM

ya, what makes you think it will go up instead of down?

i'm worried too.. seems like I bought it at a high price...

Well,it is not a nice year for the whole aircraft industry.The oil price is fluctuating and A(H1N1) is reversing the tourism and air industry too.However,I believe that would not badly affect AirAsia.Why?


Firstly,AirAsia is buying the oil at a current price(if I recall correctly).It adopts this method from the beginning of the year.I believe the company opted this method because they had foreseen the instability of the oil market within the short-mid term.That also indicates that the company could afford the fluctuation within a proper range as this should be the basic work for an experienced airline.Thus,the risk supposes to be controllable.


Secondly,A(H1N1) is a pandemic disease that no one could forecast it.It causes the recession of both tourism and air industry.The most important reason that AirAsia could win the nice market share is the ability to control the cost.Apparently,it's also the major weakness of other carriers such as MAS.AirAsia still could expand their lines quickly as they make the business more efficiently.MAS,for example,will have to cut more less-profit lines in order to get a good balance.Thus,in a long run,the company which could get a biggest piece of cake will definitely gain the top position.


So I think if AirAsia is able to maintain the debt in a reasonable margin at this tough time,it will be more bright than now.


Remember,AirAsia is still young and vital!


This post has been edited by liciece: Jun 15 2009, 04:32 PM

I also bought some at quite high price... Sigh...

Never mind...just keep it for some while..maybe it will surprise you...

What is the price ?

i think i would onli buy AA at 1$ and below. They were lucky this time they didn't fool around with the hedging of fuel or else they'ld be in the same boat as MAS

~sigh. it's going down everyday.....

How long... how sure... we wont know it... sigh...

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Added on June 16, 2009, 2:39 pmI think it was 1.20...
How about you?

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Added on June 16, 2009, 2:41 pmI already spent all my bullet last week... sigh... mana tau this week kena big hit!

This post has been edited by seanlel: Jun 16 2009, 02:41 PM

Moving back to 0.9 ?

I got out at 1.25 when the moving average turned negative. I am waiting to go in again when the price turns up again. Too dangerous to buy on the way down. You never know how low it can go.

Probably below RM1 consider a good buy.

economy downturn, people still want to use flight services.
Airasia provide most lowest freight cost. who will monopoly the market? think yourself

Mas sure hit hard in next fw year, but he will never die because he got a tiger(petronas) behind him.

Not only Petronas, Government also.

Air Asia has retraced and is moving up again. I have just re-entered at 1.17. Fundamentally the earnings and NAV is not worth the price. But this is wild swing counter.

This post has been edited by omione: Jun 17 2009, 05:04 PM

Hit & run.

Too many hit and run cases nowadays and thats what make the market so volatile.... no to mentioned all those pluck from the sky economic data. Hari ni A data naik.... besok B data turun.... sickening at times....

BTW, what you hate is what actually help us make the profits. Learn to surf the waves and you'll be alright.

like that only fun ma, kalau tidak volatile, macam mana boleh cari makan.
cool bro.

Got what you guys mean.... no risk no gain.... no gain no fun....
Market too stable also no good.... nothing to make out of it. Only the miserable dividends... (if any)...