My Trading Adventure
Stock Watch : Astro and AirAsia
CP TEH
Publish date: Thu, 08 Nov 2012, 08:55 AM
CP TEH
0 2,918
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.
Congrats to Obama for being re-elected and CHANGE is the motto, right?
DOW down by 300+ points ... wow ... it has been long enough that we do not see such a plunge. What is going on? Obama won ... and that sends jitter to markets? Brace for another red-red day ... ouch.
As it is newly listed, all those hard-core indicators geeks could not use their tools. Only price-volume actions analysis, with some thinking of the movements of the funds.
Both are worth watching ....
TEH
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Discussions
1 person likes this. Showing 15 of 15 comments
richman, totally agreed but Astro not that attractive, i think fair value is around 2.75 - 2.80,right
2012-11-08 11:36
they will not let astro fall below 2.60 because it will trigger massive margin call and their poor staff will suffer
2012-11-08 11:54
The important point is how low can the share price drop.
Anyway anybody know whether they are buying using personal money or through the company in which case they got nothing to lose.
2012-11-08 12:04
Thanks for the answer.
What it shows is that big man like Fernandes and K can also be wrong.
2012-11-08 12:10
I think even if astro were to win the EPL rights they will have to pay an incresed sum of 800 million for the rights.this will dilute their earnings and at the same time their share price
2012-11-08 12:17
Fernandas buy Airasia share at current price are taking long term view.
At current price RM2.95 is attractive if you are long term investors. As for very short term investor, hard to say whether attractive as Malindo Air entry have created great uncertainty and profit of Airasia Malaysia operation will be under pressure. Remember, bulk of Airsia operation are derived from Msia operation at the movement.
2012-11-08 13:29
For AA wait for the 3rd quarter out soon and than watch the price spike now it is the opportunity to buy esp the CU and the CW
2012-11-09 08:22
As for astro i think 2.50-2.60 is best buy.It is still KING in paytv industry
2012-11-09 08:24
The 3rd quarter report around 20 to 25 Nov, should we go in first to get the lower price for CU and CW?
2012-11-09 08:29
hmmm...for AA RM 2.95 still consider a bit high? think should grab after Malindo Air entry. perhaps the price will drop again
2012-11-09 08:31
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
richman
In the case of AIRASIA with fernandes and kamaruddin buying shares offmkt at $2.98 indicates the third quarterly results will boost the share price.most trading houses have a buy call ranging from 3.50-$4.one can go no wrong with this stock
2012-11-08 10:42