AirAsia : In the range of RM3.60-3.90. So, grabbing around 3.60 could be a good entry point, cutting if it goes below RM3.60.
The outlook for transportation may not be good for 2012. Hence, I will not buy-n-hold AirAsia or MAS. It is interesting to see that MAS is no longer a leader. Well, such a waste, under those gov's incompetent people handling the company, we dont expect them to compete, right? But .. MAS will always finding for a system ... MAS = Mana Ada Sistem tag has been there since I was young!! We dont even have AirAsia back then. Today, AirAsia is standing proudly, with a success story to share.
AirAsia and MAS will be good trading stocks but will not be in my portfolios to buy-n-hold. These do not give much dividends, and very volatile stocks(good for traders). Trade with indicators, if you know how.
MAS : Broken RM1.50 and in correction mode now. Buying around RM1.50 should be a good entry level but wait for signals to buy. It came up from the low-base of 1.28-1.30 levels recently. I missed her totally. So, time to watch to trade her now.
TEH
Jake
Sound advise Teh, both MAS and AirAsia at those suggested entry levels wud be good punt, altho' prefer load up more on AA instead of MAS
2012-01-18 17:02