My Trading Adventure

Stock Watch : AirAsia and MAS

CP TEH
Publish date: Wed, 18 Jan 2012, 06:33 AM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.
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
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Discussions
Be the first to like this. Showing 2 of 2 comments

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

Stephen Lee

Two US Aircraft carriers are aready anchor at the Straits of Hormuz. IRAN has warned the the Oil price will shoot up to USD200 per barrel and Saudi Arabia agreed to make up the different of oil export quota within 90 days and the fixed price to be USD 100.00 per barrel. This will affect the Air travel industries very much.

2012-01-19 02:04

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