Agreed.

Yesterday the bulk of trading was at 0.815 to 0.830. Lots of buying and selling here. Now price gone down again a bit.

Wait 3 days, see if the buyers yesterday pick up or not since their trade is losing. If they don't pick up, we will see a lot of T+3 selling and price will go down again with high volume.

at least ROWE doesnt seem to be unloading like before ...or have they finished all their stake?

Now 0.85 , is it an uptrend?

Looks like a technical rebound rather than uptrend, as this stock already fell severly for the last few week.

Technical rebound? Its a substantial buy in on EPF 's part that caused todays spectacular rise... 6.07% ..

1) EPF Board - 144,225,600 shares

2) BNP Paribas Asset Management (M) Sdn. Bhd. - 186,300 Shares

They know something we don't .... impending fuel surcharge ? Subsidy ?

Worth going in at this stage? 85 sen at closing ......

Anyone want to calculate how much ROWE has disposed off in the last 2 weeks? Are they still holding shares ?

Wait for confirmation @0.90, accumulation indicator pointed up, not an uptrend yet

T. Rowe Price Associates, Inc. still has 142,792,400 shares to sell as at 20/06/2008

EPF bought shares? Good, no sell off in 3 days then.

From the little candlestick charting that I know, today's long white candle is a confirmation of yesterday's reversal spinning top. I think tomorrow will at least have a higher high than today.

As for long term trend, still not confirmed the downtrend has been broken.

red now

green d lor

What I said has come true. And made a little profit today. Yay!

it will go up higher in the afternoon ( prob after 4pm ) if EPF buys like how it has been the last 2 days

0.91 now

Looking nice right now, but after 5 white days I want to see some correction before going in again.

they have an undisclosed new substantial shareholder .... no filing yet with Bursa

EPF is still gobbling up shares .... 30th 2 mill shares , 1st - looks as much or more than 30th .....

The news of the govt refusal to let AA use Subang airport didnt even give pause to the price going up ......

so is good for Airasia future? from 0.765 to 0.93 now...

Just wait and see..

Gone into red today .... dragged down by the 20 point drop - govt funds still not in the market yet .....


edit >> market so bad and still managed to go positive ....

filing with BURSA >
Ceasing to be a Substantial Shareholder of T. Rowe Price Associates, Inc. received by AirAsia Berhad on 2 July 2008.
Number of securities disposed
: 142,792,400

ROWE disposed of ALL thier stake in Airasia ...phew


looks like it will go up more 2moro if theres a rebound of the market

This post has been edited by klmc: Jul 2 2008, 05:35 PM

.............regret not to buy AA at RM0.83!!!! Miss the boat.

been following EPF buys ... have gone in at .85 ,.88, .90 , .91 .... averaging up it would seem ....
EPF has been buying an average of 1 mill shares / trading day since 16th ?
Wonder how long they can keep it up ....

how do u know when the epf is buying?? care to share some tips???