MoF so what? He have to resign from the CEO post and all other relevant post. So it won't gonna help CIMB too
https://www.thestar.com.my/business/business-news/2020/03/09/zafrul-is-new-finance-minister?itm_source=parsely-api

Not only that... There will be further selling (force selling) from those Margin account that unable to fork out from such great drops... Margin Call

I think under Bursa rules, there's a limit for each company holding towards a particular company share. EPF forcefully buy over the limit of their holdings they might need to force release to. Can't hold very long

Does it have to do with any political issue link to the board of directors in CIMB?
Anyone can provide more info for us? Thanks

https://www.scmp.com/news/hong-kong/politics/article/3052405/hong-kong-budget-hk120-billion-relief-package-includes?from=groupmessage

https://www.scmp.com/news/hong-kong/politics/article/3052405/hong-kong-budget-hk120-billion-relief-package-includes?from=groupmessage

Situation is not very Ideal for everywhere.

DickyMe2
Like I said I am just sharing what I see and experience to everyone here without been biased.
Please watch your FK-ing mouth and be a good viewer. If you wants to talk sweet for these shares do it in a proper way

I will not comment much on my opinion about this counter.
Just to let investors that would like to buy or already holding based on my personal flight experience with AA recently. Both flights oversea go and back is not quite fully occupied even the hotspots all empty.
The flight is not to China of course lol
So make your own judgement. Have a great day

Like I said some good talkers keep talks good with bad intention.
This share is good and the price is attractive but just not the right timing to jump in now.

Don't be so wicked just because you wanna stabilize the price a little and starts spreading how good it was confusing those newbie to jump in now and die just merely for your own personal selfish intention.

Someone here talk so much nice words with intention behind? Please don't be wicked to pull others to die.
I do agree price is good to buy but not at such timing. Very obvious such virus outbreak definitely will impact traveling business.
And more over currently the affected cases will jumps up more and more leads to more serious situation because there's no vaccine yet.
And lastly please bear in mind that creating vaccine is not overnight thing and it might take months.
So some people asking people to jump in now? Isn't it same like asking people to jump in wuhan city and die?

One short and simple hint for u guys...RUN!!!!!!!!!!
Don't regret if it is too late

See told you guys it won't end easily and go up easily. It just started, be patient the worst is yet to come

HK cases still not subsided yet. Having such a long protest is definitely a huge back up from some background parties with certain intention. Under such protest, Both side is burning money and the one suffering the most is poor effected businessman and low- mid income group.
So you guys think 2020 is gonna be an uptrend? Please be careful and don't get burned.

Great Crisis landed 1997, then 2008... The next coming would it be 2020?

Someone is trying to pull down the market for certain benefit purposes while there are some parties trying to hold and covering the market that is why it is still look stabilise yet on a slow down trend.
When they can't hold much longer.....the impact will be very much bigger and serious.

Simple understanding based on so many things happening around the world, you can't deny it does indirectly affected the market here. The workforce, those businesses and etc. Even the company I work on and my siblings workplace are seriously affected and we know how serious it is. Next year will be a bad recession year due to what happens this year. So you guys should know what to do.

Simple understanding based on so many things happening around the world, you can't deny it does indirectly affected the market here. The workforce, those businesses and etc. Even the company I work on and my siblings workplace are seriously affected and we know how serious it is. Next year will be a bad recession year due to what happens this year. So you guys should know what you should do.

Based on my own personal opinion about this. I am worried about few things.....
HK riot is definitely backed up by someone behind. The supplies provided to those black rioters is so much that not normal background can provide and the riot progress is already already more than 6 months.
What's the purpose of this? Is it to pull down the market? Who is the person behind all these? is it some political tactics behind but no one really know but this incident causes alot businesses to go down and people to lost jobs.
When it link down without living expenses to pay loans and etc, what will Happened to the banking industries if this issue still drags on?
Will this time be even worse than 97 crisis and Lehman Brother incident?

DRP is it means If you are holding CIMB shares they will give you an option to get additional shares based on the amount you currently holding on a discounted price? Like they said at around 4.6+

AA, I am not saying this company is bad. I am pointing out current market situation as I mentioned.
I know you like this company but no point keep promoting this counter.
Give a logical analysis not by just hoping tomorrow 2.60 or 3.20...

Is not about the company issue, is about current market slow down. Expected the price will stagnant and lower further for a period of time.

Genting is no doubt a good company business that worth investing besides AA. But EPF and some other big funds coorporate will not play on this type of company. Is a huge dissadvantage if EPF does not play.

This is how those big shots playing with the prices. We low fund investors are nothing to them.

Do not think of cut loss when youbare buying a good business
Only leverage the price or stay as it is.

Facing oil price crisis is not the first time already you see. Not big deal for AA.

Sharing my past experience when I bought Genting Shares years back.

Originally it was at RM9+ and it fell down to RM6+ Where I stocked up with all my money and then I watching gone down to RM3. (Total of more than 50% of my money gone.)

But I sleep well and eat well during that time. Why? because I know what I am doing. At the end the price soar up to RM10+ (but I released it at RM7+)

What I am telling to you guys about my past experience here?
I am no god.
I cant predict the lowest value and I might not able to sell at the best price.

I only know this :-

"THIS COMPANY WILL NEVER DIE"

So does this Air Asia to me. PERIOD.

Noted of the day :- Do not aim for the best price to buy, as you aint god. Look for reasonable price to buy and hold it.

Before you buy this share. Ask yourself why you want to buy is?
People recommend? Dont buy it.
People told you it is time? Dont buy it.
Do you trust Tony Management capability?
Yes - Buy it
No - Dont buy it
Do you have confident in this Low Cost Airline Business?
Yes - Buy it
No - Dont buy it.

If you manage achieve all those, you will sleep atlease no matter what condition the market is

Only if the market not playing any hanky panky tricks to pull down all the stocks

Guys. Only buy with extra cash on hand. No Margin or Loan as the holding period is not certain.
You will get stressed up if you use Margin or other types of loan.

Olden days Chinese people always said New Year is a hard struggling but every year they manage to get over it. What's the big deal

When we invest, We not only pick the right company, the right management team is important. So what do you think about Tony?

To them we might playing small amount of money. Tony himself is the actual big money, he will not let his AA down. Let him do the hard work for us and we watch him get our target price and money.

aaabbbccc
Slightly unhappy definitely happens but just always remember one thing. AA company will not die or go bankrupt when you wake up tomorrow. Maybe the day we all die, this company might still running. But lets not think so far.
I believe we will not hold that long too because everyone has their own target price to let go. Just enjoy your day and wait for it.

aaabbbcc
We are not fortune teller so we cant always get the lowest price. Price below 3.20 is also consider very safe.

Based on bankers and investment review on AA current networth is more than RM3.70
Even all banking Margin Account is giving full price.

Company business wise, The company business is running as usual no big issue. Why so worry?

current price you see is just a simple technical numbering and that is why it gave us investors a chance to get under valued shares.

Do not worry. As long as the price you buy is not too high. You will be the winner at the end.
We are buying AA balecause of the business not the bursa statistic machine just to see it up and down.
Sleep well and do not worry.