If you can see the crisis, meaning it is not crisis. It is just a problem, problem able to solve. Then we should don't worry to much on that.

If you cannot see the problems, then it is crisis. Crisis will be faster than our brain working then that's why cause panic sell.

Please help to sell down. Short short short.

2.30 buang!

Selling q volume too thin

If want selling volume

One more round of rm 2.30 will scare off most of the retailer which having their average cost of rm3-3.50

Volume too thin

Wakaka pressing down coming, sell down!

This week expected to be maintaining about the same level until enough volume collected. If there is up, yes it will be bonus.

But anyhow, welcome those who don't have confidence to sell down their position due to lack of confidence and think that dividend will not be distributed in near term. You can wait for lower, don't worry. Let us and TF collected all first. Wakaka.

They cannot press the share price below rm 2.5 by end of the week or month. TF also won't allow, there will be margin call for the shortage to maintain security margin ratio.

Waiting people q (retailer sell) then collect. If retailer don't want sell, then drop the price. Of cos, many retailer will talk about oil price lah, market sentiment lah, government budget lah. But end up, operator collected what they want.

Base price rm2.5

Can start collecting within this 2 weeks most conservatively. If faster within a week. Looks like operator start collecting mode based on their financial resources available.

TF is in. No worry.

Fly Leasing Limited is preparing to disburse the final payment for the long waiting completion of disposal transactions. Based on current share price, the cash and cash equivalent already about 40% to 50% upon completion.

Now everyone can fly but also jump from sky.

Hohoho, 8 days left. The operator already given a downtrend mind and graph to retailer. Buy high sell lower. Then when market up, then buy higher again.

Come on! Sell down to below rm2.5. TF and DK will eat one no worry. Can all in d.

Current market capitalization = RM8.4b
TF and DK shareholding valuation = 30% x RM8.4b = RM2.52b
Current loan amount (assuming no repayment subsequently from June/July 2018) = RM1.5b

Margin of finance = RM1.5b/RM2.52b x 100% = 60% margin. This is normal industry threshold.

If the share price further drop, TF and DK may need to top up from their pocket for the securities margin maintenance. This price highly possible is the bottom unless the margin of finance given to TF and DK is beyond market norm.

Lets see how is the movement. Show is coming!!!

TF and DK have the same interest as us.

In Dec 2016/Jan 2017, they obtained a loan, likely interest bearing shares bridging loan, of RM1.8b and utilized RM1b to acquire 15% shares of Airasia Berhad (AAB). This information can obtained thru public available information in SSM - charges search of Tune Live Sdn Bhd.

During the period, there is a reorganisation exercise (Apr-Jun 2018) from AAB to AAGB and therefore we can obtained the same updated charges information which showing the outstanding became RM1.5b. The difference between the original RM1.8b and RM1.5b is tally with the dividend declared and paid during the period for their shareholding (15%+15%).

One more important point. Considered the normal market industry for shares bridging loan, the maturity period will be normal within 2 years time which mean that in this case is Jan 2019. From speculative point of view, IF TF and DK need to repay the loan, this coming quarter announcement is the best timing to declare special dividend to settle their personal loan rather than waiting for year end result to declare final dividend which may need shareholders resolution (AGM).

TF and DK created the value to Airasia Group and in this case, their interest is aligned with shareholders. In speculative point of view, the special dividend possibility is very high. If not, in order to serve the repayment, this counter will also provide good dividend yielding.

Dont be fooled by the current share price. It may be right or it may not be right!