this sort of company when Fund managers has no faith in the boss who tends to use the company to cash out for himself and make himself personally rich, but not in the best interest of the company, for most fund managers won't want to touch them because they know the Boss is not trustworthy and only think of their personal pocket. However, somehow this kind of counter even though the boss cannot be trusted, the company has got big name, may not be good name, big but can be notorious and when they hear ... Oh VT punya company, ok lah.. can go and goreng once in a blue moon, maybe every 7 years, 8 years, or even 10 years price so low, go and goreng a while and it will spike.

My take will be, give him another 10 months, the price should spike, how high, I dare not say, maybe near to its NTA or book value. so it is time to collect now, cheap cheap, very cheap only 25% of the book value, can lah, really under value. Buy a lot and keep long long.. then run when make money, make how much all depends on how greedy we want to be, best is not to be too greedy

Arbitration award RM122 million ÷ total 1,600 million shares = RM0.07625 per share.

Yesterday 12/Nov closed at RM0.355 + RM0.076 = RM0.431. By simple adding up this shoild be the price. However, this share market does't calculate this way.

Need to let the market to so call "price in" and to dissolve into the value. Will take a bit of time.

pokdie - what do you mean cannot go back to normal life before 2019? Please elaborate and what has got to do with RGB here?

PizzAmen - My personal gut feels, or my personal expectation, rising to RM3.50 is not an issue at all and it is a matter of time, not too long to wait, maybe within a year or less hopefully can climb to that level in 6 months time. So your 2.70 is no worries, will sure gain money back very soon

Same with casinoking. Both of you are the same type of negative comments all the way. Actually are you two the same person? What are your problems with RGB? Please comment with more true facts instead of throwing all the bad comments without any support, something is not correct with both of you here

gamblegod - Are you holding any RGB share? Reading all your comments here you sound like not holding any and yet all of your comments here are cursing and negative opinion with RGB. Are you having some problem with RGB? Hope to see some sincere opinion and comments from others. Pure cursing of RGB here sounds like you hate RGB so much so that everything happen with RGB is bad. Just wondering what is your problem with RGB

There are many people who like to spread rumour, speculates and hoping for a worse outcome as their character is the negativity as their way of life. Keep a distance from these people and stay away from them. They are poisonous and bring only negative energy. Ignore them

clp72
you dont have that kind of luxury of leave and many people here in Asia won't have especially working class, but for Europeans and many Westenres they have long holidays, and they do have the luxury of long holidays

limkokthye sell sell sell sell sell until 000000

These people talk cock please don't dont cock here

Again, Live4Tea is always very negative about AA, have not seen a single time that the comment is ;positive, only negative

Live4Tea is always very negative about AA.. there must be a good reason behind it

it is pretty sorry for so many people here like to curse AA share price to plunge, and yet want to wait at very low price to buy the share, this is such an irony. Selfish behaviour I suppose, on one hand keep cursing, keep badmouthing, keep scolding TF, keep saying bad things about AA, on the other hand keep hoping to buy at a very low price. Got nothing better to do already.

@i3lurker, please show the calculation that NTA is below zero already based on forward PE

NTA = Total assets – Intangible assets – Total liabilities.

NTA of AA is 1.33, how much you expect their Price to book value to be? 0.5? Current price of RM0.73 now, P/B = 0.55. If the number is comfortable, then next thing should be: Is AA business model sustainable? The future business bright? And most importantly can TF able to pull through this period of difficulty?

here's the thing, you either let MAS monopolize then you will "enjoy" their airfare, or let AA to compete and rationalize everything not only domestic flight, but also international flight