Highlights

Windfall Profit

Author: 1HitRampage   |   Latest post: Thu, 21 Feb 2019, 07:07 PM

 

Price of Airasia

Author:   |    Publish date:


Airasia's share price hit RM4.75 during the same period last year.     The reason was, as described by my past articles, due to expectation of favourable events to be happened, among others.   

Chart adjusted for the 40c special dividend, sort of.

However, due to higher oil price, delays, probe on Tony in India and wrong bet on BN etc etc, price halved in 8 months.    Since Nov 2018, market seems to be forgetting and forgiving!!!!

Now, Airasia is in a better position than last year, billions of cash in hand, very little debt and Castlelake deal in hand.    

BUY or sell, your call.   

 

 

 

 

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Labels: AIRASIA

Related Stocks

Chart Stock Name Last Change Volume 
AIRASIA 2.79 0.00 (0.00%) 3,230,300 

  Be the first to like this.
 
21/02/2019 19:47
supersaiyan3 McQuarie says similar thing, target RM5 woh
22/02/2019 10:19


 

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