Yes more selling of Airasia shares for the last 2 weeks as Ci dipped.


Anyway Credit Sueiss is initiating a buy as competition for next year will be tougher for Airasia.

This post has been edited by alenac: Nov 23 2012, 10:29 PM

S1 2.63
S2 2.5
S3 2.27

The edge confirmed yesterday Airasia will not be part of CI index.

Broke support of 2.63 sen today, next level 2.50 sen.

By now I would suppose many tactful funds had dumped Airasia share since Malindo announced it's entry into malaysia.

This post has been edited by alenac: Dec 17 2012, 02:44 PM

Moving to RM2.50 next support level?

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Added on December 18, 2012, 9:59 pmMoving to RM2.50 next support level?

This post has been edited by alenac: Dec 18 2012, 09:59 PM

Looks like Airasia will still drop untill after delisting from CI index or Credit Suisse start to buy tomorrow to support the stock. Will CS buy to support the stock since its so bullish?

This post has been edited by alenac: Dec 20 2012, 10:33 PM

Volume surged still cannot sustain price today. Overhanging shares increasing. There are efforts to stamp price declined, not too successful though.

This post has been edited by alenac: Dec 22 2012, 12:03 AM

Ur estimate for 2013 is 5.6x PE? Where's ur source? Anyway Tony has predicted that next year's Profit margin would be very low due to more competition.

AMMB concurred with Tony on Yield dilution and call a hold till target RM2.80.

Its in the edge on December 14th. 2012.

Aiyo! Simulation and training fee is the norm and it's expensive for pilots. It's how you pay the airline or employer in cash or kind. No issuelah, maybe Airasia people are stirring this issue up as it is a business rival.

Bravo Chandran, you are stating the fact that airlines are not transparent. Hopefully Malindo will be transparent with it's airticket pricing and add ons. Anyway we know which airline you are talking about on lack of transparency. That airline just won the Best Airline award by Euromoney which includes criteria like " accessibility...". It must be the joke of the year.

This post has been edited by alenac: Jan 11 2013, 03:58 PM

There has been no accumulation of AA shares since Jan 9. So next week will be crucial whether it will be CNY play counter.

Today's turnover and price surged on divi do looked good but the turnover is not among the highest 5 in the last 2 years. So I suspect that substantial shareholders are trying to stem the tide of price collapse. Will they succeed? Let us see tomorrow's activity.