Good Articles to Share

Author: Tan KW   |   Latest post: Sat, 20 Oct 2018, 06:16 PM


Tony Fernandes: AirAsia worth RM6 per share

Author:   |    Publish date:

KUALA LUMPUR (Dec 13): Shares of low cost carrier AirAsia Bhd are worth RM6, according to its chief executive officer Tan Sri Tony Fernandes.

Fernandes, who is the founder of Tune Air Sdn Bhd, which introduced the first budget no-frills airline, also appeared to brush off a rumour of him retiring any time soon.

In a tweet earlier this morning, Fernandes said: “I told analysts we we were worth RM3.00 when we were 0.70 cents. Now I say we are worth 6.00. There is no airline that has as much growth as airaosa (AirAsia) with a huge digital strategy that has assets worth more than our present market capitalisation.”

In the series of tweets, he also said: “Laughable that there is a rumour I’m retiring. My announcement is exciting one that charts our future of AIRASIA.”

He said in another tweet: "So not going anywhere. Exciting times ahead."

AirAsia yesterday closed 0.31% or 1 sen lower at RM3.19 with 13.16 million shares traded.

Share this

Related Stocks

Chart Stock Name Last Change Volume 
AIRASIA 2.56 -0.14 (5.19%) 15,617,500 

  Be the first to like this.
paperplane the debts maybe worth RM6 also. net net.....hehe
13/12/2017 14:47
ken blow water?
13/12/2017 14:56
Alex™ haha. but airasia going digital data gooding la. But they are in a highly visible industry. One plane down or one customer complaint = gg
13/12/2017 16:13
Is HY Dead? Toni is a conman la.... Look at his AAX...
13/12/2017 16:14
Alex™ but must thank him also la...if not, mas dominate, fuiyo...my flight ticket gg
13/12/2017 16:16
FalconFocusEagle https://www.cnbc.com/2017/12/11/bitcoin-millionaire-grant-sabatier-dont-buy-bitcoin.html
13/12/2017 16:16
yongch U believed his word ke?when AA below 0.80he can't even talk proper n even his fat cfo fallen from chair during agm in 2014...now talk big ...how abt aax?....funny ya...AA worth rm6...but AAX worth far below ipo@0.35-0.38?????????
13/12/2017 17:26
kellyling80 Really , as in really really ah , Tony ? AAX how leh ? Retailers not that dumb nowadays la...NEXT..
14/12/2017 05:02
helloworld123 He hasn't kept his words and so I don't believe him anymore.
14/12/2017 08:26
pakatan_harapan2 If true why Aireen replaced?
14/12/2017 17:21
pakatan_harapan2 AAX no Aireen there? Maybe the new CEO will make AA sink like AAX?
14/12/2017 17:23
rlch Even Tune Protect also very bad not only AAX.
14/12/2017 17:25
Koon Bee Talk big panlai...haha.
14/12/2017 17:28
SALAM Cock and Bull story..Mirage in the air..BUT but..some sifus are hand in hand with him..Be cautious !!
14/12/2017 17:34
RainT Now I realize Tony is a big liar

Telling to declare special dividend this year due to sales of AAC , now year 2017 going to end soon , anything also don't have
14/12/2017 23:18
Larrytrader Trait him
14/12/2017 23:20
Larrytrader Trust him
14/12/2017 23:20
newbie92 Tony need use more money to seduce young girl.
14/12/2017 23:21


392  316  489  702 

Top 10 Active Counters
 IRIS 0.175+0.03 
 DSONIC 0.485-0.21 
 MYEG 1.13-0.37 
 SAPNRG 0.335-0.01 
 DSONIC-WA 0.095-0.03 
 PRESBHD 0.54-0.08 
 HSI-C3V 0.20+0.005 
 K1 0.28+0.01 
 HSI-H4V 0.355-0.005 
 HSI-C3X 0.540.00 
Partners & Brokers