ECM still keep AA as buy with new TP at 3.56. The report just came out. So 2 buy and 1 sell rating for AA now:)

This post has been edited by naing: May 25 2011, 02:40 PM

Air Asia profit go down for the first quarter.

http://biz.thestar.com.my/news/story.asp?f...42&sec=business

think i will only consider to buy if less than RM3 maybe

For long term as an investment, you will not goes wrong with AA unless if you think to put your money for quick gain then not recommended. I'm been holding this stocks since 4 years ago until now and reap the rewards.

hmm..RM3 is quite high also wat..

If you think AirAsia will continue to grow and oil price will not affect their Earnings, then Rm 3 is not high. If you think MAS will soon introduced the cheap air fare and start to compete neck to neck with Airasia, then RM 3 indeed is high. I'd always use PEGGY to do a simply analysis on stock

PE =PE ratio
G= Gearing
G= Growth
Y=Yielding of dividend

Lastly, after doing the analysis above, ask yourself, does the risk justify your appetite? Are u for long term or short term. Then only choose to jump in. my 2 cents. Cheers~!

airasia, you you drop d? sobs sobs sobs

Air Asia detected MACD 4R1G - Possible bull run


http://edwinextremebullrun.blogspot.com/20...g-possible.html

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Added on June 12, 2011, 11:38 amPotential Bull Flag Formation with decreasing volume with 9% gain
http://edwinextremebullrun.blogspot.com/20...-flag-with.html

This post has been edited by edwin32us: Jun 12 2011, 11:38 AM

Highest is 3.56 just now. Wonder how high can it go??

Looks like AA has plenty of fuel to burn for further uptrend. Tempting to sell my possesion right now but worried may regret later. Probably any sifus can shed some light or comments on this counter?

Take Profit at 3.58 and 3.86
Today it is forming a shooting star. Take some profit

wow.. regretting didnt jump on board at RM3

Wow, the way AA shares shot upwards is like a rocket heading to the Sun!

For me, I actually bought 10 lots at $2.98/share in January (admittedly quite a high price, how silly!). If I'm not mistaken, from that time up to early May, the price actually fell to as low as $2.35-$2.40 during the February CNY correction and mainly stayed around the $2.40-$2.70 mark. There was absolutely NO WAY that it could even breach $2.80, let alone hit a break-even point; I was darn sam-tong at the time!

The price started to climb in early May and it breached the $3.00 mark on the 3rd, after the Labor Day holidays. I subsequently sold half in mid-May for $3.10/share (to take profits) but the price continued to climb. I then read some analysts' reports that recommended AA as a "BUY" stock and purchased another 5 lots @ $3.28/share in the early morning of June 27 (i.e. before trading started); it shot up 9 cents to $3.37 by the end of the day!

I guess the main reason for this rise in AA shares to the stratosphere mainly stemmed from that largest-in-history deal to buy 200 planes from Airbus. Don't forget that the company is consistently in the black, year-on-year, but of course one of the main threats is the ever-fluctuating fuel prices, to keep things in check!

This post has been edited by THTgadgets.com: Jun 30 2011, 04:51 PM

How many lots are you holding at present?

Maybe you can sell half, like what I did (see my previous post), and then return to buy the same number later, assuming there is a slight correction in the share price.

Not much, right now left about 23 lots ('000). Last year sold 20 lots at $2.66 which consider as a good price but now seems that the value is keep on increasing non-stop.

Market just closed and looks like AA rose by another 5 cents today.

The closing price is at $3.52, which is just 4 cents lower than their intra-day high of $3.56.

OMG, $3.61 NOW!!!!
They are not using jet fuel, but rocket fuel

RM3.67 now, anyone selling ?

Still keeping mine, going to put on queue later afternoon.

Keep for long term...waiting for another AIR ASIA X IPO ~~