So no news, is good news at least for now....hmmm

Why sudden drop??

Looks primed

Problem in Nigeria, will likely open lower tomorrow

This is unbelievable bad drop!

Results is considered good, PBT rm245 million higher than last year, not sure why tax rate was so high.

could also be that the announcement of sale of AAC is now imminent

yes chieng8182 agree with you, so got have faith that he will make the aac sale happen, by hook or by crook!

Tony has already loaded up on his shares, no way he can service the loan nearly RM80 million (assuming 8% interest).. Only 2 way for repayment either get special dividend or he was selling today. even if dispose he should have been selling on the way up, not selling like no tomorrow like happened today. If AAC sale off, tony will have no choice but to sell to repay the loan of close to RM1 billion!

Better run, this looks like a 1 day push followed by forever sleep stock

Where did you see that? PSA has turnaround from losing money 4 years ago to profit of RM1.7 billion euro end of 2016.

with psa proton gets a global giant, 3rd largest car producer with a major shareholder also from China, better than just a china partner alone. I suspect geely could be pulling out to save face as they probably know deal with PSA almost done. Well we will know if that correct or not very soon.

http://www.pressreader.com/india/the-hindu-business-line/20170310/282381219346121

Dongfeng is one of the major shareholders of PSA.

C34 bargain buy right now

cwingz, why does that make a difference?

cant understand why c34 trade at 0.025 discount to c35. somemore c35 is last trading day already

@Batu 88, are you saying there are different terms for calculation at expiry?

Anyone know why c34 lagging c35 though same strike price and expire 10 days later?

Strong buy support emerging, already below NTA if include 4Q16 profit. Future profit will be hit due to higher USD but this is a company where the major shareholder is pumping in huge capital (borrowed money) at around RM1.84, this price is good entry point.

If you look at the accounts closely, revenue from scheduled flights increase by 53%! This is very impressive. Revenue overall did not increase as much because of drop of almost RM100 million in charted flights which was concious decision by management.

Dont expect much change in price tomorrow though its been priced in.

This is a good stock for long term as long as ringgit does not go bonkers. Share price will improve in tandem with Ringgit.

Yes @unbeleiveable its "unbeleiveable" hahaha

Looks like all hope is for tomorrow, hopefully results are good...

Ringgit is also expected to improve in the next few days, bersih rally went without any incident.

http://www.intellecpoint.com/2016/11/airasias-forex-hedge.html

Either its a drop for real, or the final shake-out before the push to make sure all weak holders out of the way. Only 3 days to find out...

Looks like no fireworks today, not many days left it either now or never....

Market has opened gap down. Could be a slow day again today.

today volume very low, last few days average daily volume exceeded 40 million, today only around 11 million, hopefully this is the calm before the storm

0.45 is main barrier for now, if it burst through that it should move up very fast. Not today though, hopefully tomorrow.

lets hope AAX skyrocket today!!

Election is tomorrow, will know results on Wednesday.

Sellers come out again, wait till 4 pm to see if got show today, looking at volume, next attack should be soon...

0.45 is the next resistance, if break that then could reach RM0.50

going to close to 43.5 hopefully, next week, hopefully blast off!

@ winningpost same here I got a lorry load of CV, if mother share hits even 60 sen I will be over the moon!!

derrtan, one possible explaination is that they added 4 aircraft ie 15% increase in planes but capacity increased by 29% hence they made existing assets work harder ie more flights with same plane, maybe same staff just pay more OT, fuel costs increase but lease costs are fixed. Still i dont expect bumper profit for Q3, maybe RM30 million would be good taking into account forex losses. But generally the company is going in the right direction. Thats the main thing its growing after a few years of holding back. TF wants to make this work and they are working hard at it. It may or may not work in the long run but they are giving it a good go, with the tremendous success of AirAsia, I beleive they will succeed because now they have more feeder passenger as compared to a few years back. The strength of AirAsia lies in its connectivity which is the best in Asean.

And we have take-off!!

Tomorrow hopefully break the 45 sen resistance.

Hahaha my guts was right, now i hope my guts tell me right time to sell as well....this stock is like a rolloer coaster, if smart trader can make few rounds...

Been patiently waiting for 2 months....somehow my gut tells today is the day it could take off....fingers crossed....hahahaha....

Lets fly with AAX! Only worried about the Forex losses, ringgit been weakening for the last few weeks.

I think there has been sustained buying at RM0.40, something is brewing, might move at anytime but hard to predict when, best warrant is AAX-CV only RM0.06 premium now, yesterday even traded at RM0.065.

@ Woodswater are you ok? This aax forum perhaps you mixed up with some other stock hehehe

how long more this selling will last? Today still have force selling going on?