RM 2,000 + RM 1,000 + RM 4,400 = RM 7.4 Billion

At 9 am, the local note was traded at 4.4200/4250 against the greenback from Friday's close of 4.4230/4280.
Read more at http://www.thestar.com.my/business/business-news/2017/03/27/ringgit-opens-higher/#IUwwJeOUJsDMXR3o.99

So beautiful :')

Li Ka Shing VS Chinese Banks....Clash of the titans !

2nd Bid.....China Bank

1st Bid...Applicant Name: Li Ka Shing.....

Opening of Bid...Open 1st bid..Game Over

Source: http://www.reuters.com/article/us-global-forex-idUSKBN16X135

Dollar hits near two-month low after Trump's healthcare debacle

900 million dollars...Roughly translates RM 1.20 per share.

WARNING: A deal with KOTAM could still fall through, and two sources said that AirAsia has not closed the door to a deal with a Chinese bidder.

http://www.reuters.com/article/us-airasia-m-a-leasing-exclusive-idUSKBN16V0F7

BIG STORY 12 | Fri Mar 24, 2017 | 12:04am EDT
Exclusive: South Korean group in advanced talks to buy stake in AirAsia leasing unit - sour

http://www.dailymail.co.uk/wires/reuters/article-4344814/S-Korean-group-advanced-talks-buy-stake-AirAsia-leasing-unit-sources.html

A deal with KOTAM could still fall through, and two sources said that AirAsia has not closed the door to a deal with a Chinese bidder.

The sources declined to be identified as the negotiations are ongoing and confidentia

Privately-owned KOTAM, or Korea Transportation Asset Management, has been picked as the preferred bidder, the people said, with one adding that state lender Korea Development Bank (KDB) was tapped to provide funding, though it was not clear whether the bank had agreed to back the deal.

Two of the people said a deal would value AirAsia's fully-owned unit, Asia Aviation Capital, at roughly $900 million.

Source: http://www.dailymail.co.uk/wires/reuters/article-4344814/S-Korean-group-advanced-talks-buy-stake-AirAsia-leasing-unit-sources.html

S.Korean group in advanced talks to buy stake in AirAsia leasing unit-sources

http://www.cnbc.com/2017/03/22/oil-bounces-off-november-lows-but-bloated-us-stockpiles-pressure-market.html

Oil settles at $47.70, down 34 cents, as high US stockpiles pin prices near 4-month lows

Source: http://www.reuters.com/article/us-global-oil-idUSKBN16T03H

Oil prices slipped to almost four-month lows on Wednesday after data showed U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June.

Keep Keep SELLING Folks !

Source: http://www.reuters.com/article/uk-global-forex-idUSKBN16Q0X9

The dollar fell 0.9 percent to 111.55 yen JPY=EBS, its lowest since Nov. 28. The dollar index, which measures the greenback against a basket of six major currencies, dipped below the 100 level for the first time since Feb. 7.

The American Petroleum Institute (API) reported a build of 4.529 million barrels in United States crude oil inventories against expert predictions that domestic supplies would see only a 2-million-barrel build.

Source: http://oilprice.com/Latest-Energy-News/World-News/Oil-Markets-Recoil-As-Inventory-Builds-More-Than-Feared.html

RM 2,000 + RM 1,000 + RM 4,400 = RM 7.4 Billion

Source: http://www.bangkokpost.com/news/transport/1218341/tony-takes-thailands-pulse

AirAsia is not really an airport operator, but we will give airport operators confidence that our planes will be coming to their facilities [when they are ready]," Mr Fernandes said. "As an airline, we will not get involved [in running the airports], but maybe we can put in a little bit of equity to show our commitment

Everyone Should Sell !

Source: http://finance.yahoo.com/news/asia-stocks-weaker-dollar-slips-004754948.html

The U.S. dollar slumped to a six-week low on Monday on worries over a dovish Federal Reserve

Source: http://www.marketwatch.com/story/oil-falls-after-g-20-backtracks-on-anti-protectionist-language-2017-03-20

Oil prices settled at their lowest level in nearly a week, as another rise in active U.S. oil rigs renewed concerns over domestic production

RM 2,000 + RM 1,000 + RM 4,400 = RM 7.4 Billion

http://www.cnbc.com/2017/03/19/oil-prices-drop-on-rise-in-us-drilling.html

Oil prices fell on Monday as rising U.S. drilling activity and steady supplies from OPEC countries despite touted production cuts pressured already-bloated markets.

RM 2,000 + RM 1,000 + RM 4,400 = RM 7.4 Billion

RM 2,000 + RM 1,000 + RM 4,400 = RM 7.4 Billion

RM 2,000 + RM 1,000 + RM 4,400 = RM 7.4 Billion

To all haters....be very ashamed if yourself !

Source: http://www.freemalaysiatoday.com/category/nation/2017/03/19/hearts-melt-as-airasia-adopts-3-stray-dogs-at-new-hq/

Animal lovers touched by the kindness of AirAsia have thanked the low-cost carrier for adopting three stray dogs at their new headquarters in Sepang.

RM 2,000 + RM 1,000 + RM 4,400 = RM 7.4 Billion

Tony Fernandes....A free rider........OR.......Smart businessman?

Source: http://www.theborneopost.com/2017/03/18/airasia-to-push-further-to-embrace-digital-transformation/

AirAsia will continue to further digitise its business operations and services as part of its aspiration to transform into a digital airline.

Group Chief Executive Officer Tan Sri Tony Fernandes said the roots of the airline was digital as it started with Internet and being a very social media-based airline.

Source: http://www.reuters.com/article/us-malaysia-alibaba-idUSKBN16P041