Hibiscus is moving to break $1.00.

MBB target price RM1.31 vs CIMB RM0.14

Maybank holding lot of AA share now stuck?

i think you need to understand MAA case is different. They fell into PN17 after sold Malaysian Assurance Alliance Bhd to Zurich where it contributed more than 50% of its revenue for a very attractive offer. So it was then classified as PN17 according to the rules at that time, but in actual the company was not in financial distress, no loan to bear.
Then later on Bursa changed the rules on PN17 where the NTA be 25% of paid up capital. That is part of history.
Airasia is way different compare to MAA. Look at the debt.

They have 18 months to try out from PN17. If not may be delisted from bursa.

25/01/2022 6:49 PM
Vicky Aiyoo...PN17 is real. berapa lama AirAsia boleh tahan ?

mayday..mayday...

wait for announcement.

俄乌战情紧绷-油价恐站上150美元/ - bad news for Airasia

俄乌战情紧绷-油价恐站上150美元.

everyday is burning cash for plane maintenance and parking fees, once cash depleted like cruise and fail to raise more money you see what going happen next...
The market already shrinking and we have 2 more new airline launched, that is really not a good news to Airasia..

budget airline with much smaller scale will be easier to survive as compare to giant budget airline.

take Genting Group as an example. Today Genting HK filing for liquidation of its cruise line on Tuesday in Bermuda. And the boss LKT resigned as Genting HK CEO.
If AA fall into same situation, it will be similar as the cruise line. There is no business can sustain forever without generating income.

https://www.thevibes.com/articles/world/52776/us-orders-departure-of-its-diplomats-families-from-kyiv

the drum is beating up.

https://www.thevibes.com/articles/business/52436/world-tourism-wont-return-to-pre-pandemic-levels-until-2024-un

World tourism won’t return to pre-pandemic levels until 2024: UN

will break 90c soon.

stock up for possible upside.

watch the progress of Ukraine and Russia.

https://www.theedgemarkets.com/article/new-airlines-surprise-malaysia-airlines-parent-company-industry-braces-overcapacity-%E2%80%94-ceo

More player to join the fun with Airasia and MAS....bravo

be patient, it is still on up trend.

marching to $1.00

Covid has changed the airline industry. Ppl will not travel that often for many years to come. AA still have many planes grounded and imagine the expenses day to day burning cash on those planes.

When TF said AirAsia aims to become largest food delivery, ride hailing company in Asia...appreciate if he can also comment about the below:

https://www.businessinsider.com/uber-still-losing-a-lot-of-money-latest-earnings-show-2021-8

Uber is still losing a lot of money until today.

:)

https://www.theedgemarkets.com/article/genting-hong-kongs-shipbuilder-insolvency-has-no-direct-impact-sister-companies-says-ram

Genting Hong Kong’s shipbuilder insolvency has no direct impact on sister companies, says RAM Ratings

just wait for right time, slow and steady..

@NatsukoMishima Genting group will not PN17 because they have already diversified their business into other non-gambling industry long time ago, eg. plantation, power energy, holdings..etc and they are cash rich company sitting on tons of cash.
unlike Airasia where the AA food delivery, AA ride hailing, just started, is burning cash every day and their core business is still airline which most of the planes still grounded that is why trigger the PN17.

Understand the business you are investing in. :)

well, those who want to sell already done so. Remaining those who want to hold.

is now at oversold region

anything around 5.00 can sapu, today is good shopping day

AA Superapp is by valuation. I can always claim my house worth 1mil, but if there is no buyer the asking price is only for reference. All food delivery/ ride hailing are still growing and shall not expect to make profit anytime soon. If you look at Grab/ Uber, are they making money now even after so long?

was lucky didnt jump in....good luck for those still on board. Hope you all know where the plane is heading to..

hahaha, tomorrow morning lot ppl will panic sell...time to cut loss guys.

wait 5.30

Limited liability means a private company whose owners are legally responsible for its debts only to the extent of the amount of capital they invested.
So in business sense there are times you make profit and there are times you lose money. Regardless what is the outcome the liability is limited.
As long as the company will retrench accordingly to local labor law and follow bankruptcy regulation, there is nothing bad will affect to group image.

the shipyard bankrupt will not much affect genting. Limited liability.

If the timing is right, the new theme park shall be ready anytime to greet first customer by 1st day of CNY. Tiger is ready to roar..

wait 5.30

tech stock big sell off

https://www.asgam.com/index.php/2022/01/02/gentings-malaysian-entities-seen-returning-to-profitability-in-2022/

Genting’s Malaysian entities seen returning to profitability in 2022.

there are total 42 seats in Pahang state assembly where PAS only control 8 seats and they are far from simple majority which is 22 and they have no enough candidates to win the controlling stake. Umno+MCA is already more than simple majority.

take note ESOS issued on 10-Jan.

Time to accumulate for next wave.

PN17

https://www.thestar.com.my/business/business-news/2022/01/05/asian-shares-skid-as-rising-us-yields-hit-tech-stocks

pensonic shareholder all hold tight and low liquidity of share in market.

next week you know why.

Those who chase high last week to 3.40, now is time to pay back.

how the company cannot survive? they are sitting on multi billion cash pile! Regardless what price the glove drop to the cash still inside the bank.
The only way to stay on profit is making more glove and keep lower the ASP to flush out the weak player. This is the typical price war in business. Those could not sustain will just get eliminate.

how low can ASP go?...assuming 95% cut from peak 27, probably rm1.30 in coming months.

i'm adding more when it is at low price. Holding Warrant for short term gain. Ptrans will be the long term holding for dividend gain.

dead cat rebound...later afternoon may probably deep dive further.

buy the trend, follow the tide. LKL is on up trend.