Bursa Malaysia Stock Watch
AIRASIA - AirAsia rating cut on potential price war
kltrader
Publish date: Tue, 09 Nov 2010, 11:06 AM
kltrader
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This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
Stock Name: AIRASIA
Company Name: AIRASIA BHD
Research House: RHB
AirAsia Bhd was cut to "underperform" from "outperform" at RHB Research Institute Sdn Bhd to reflect a potential price war after Malaysian Airline System Bhd announced plans to expand its Firefly budget carrier unit.
AirAsia's indicative fair value was cut to RM2.10 from RM3.01, RHB said in a report today. -- Bloomberg
Company Name: AIRASIA BHD
Research House: RHB
AirAsia Bhd was cut to "underperform" from "outperform" at RHB Research Institute Sdn Bhd to reflect a potential price war after Malaysian Airline System Bhd announced plans to expand its Firefly budget carrier unit.
AirAsia's indicative fair value was cut to RM2.10 from RM3.01, RHB said in a report today. -- Bloomberg
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