Now almost whole peninsular CMCO, macam mana air Asia

HAHAH 2.65 drop to 2.61 is excellent? I remember last time u say 2.50 is peak and got temporary setback u also say u excellent. I tot u were legit at first but just admit you're wrong. Keep on adjusting your peak price.

Virgin Atlantic -> bankrupt, Warren Buffett -> sell all airlines, US airline companies -> Laying off workers en masse after bailout loan conditions expire. Use brain also know airlines can't touch yet la. If u buy at 50c, ok la thats a decent price but 0.66c, with covid not seeming to end and lockdowns to continue till end of 2020 at least. The future is not bright for AA. I would buy if 40c. Even if AA comes out from this, they definitely will be hurt by the interest from all the new loans and not to mention the possibility of a rights issue. say what u will but it will never get back to a RM1.50 valuation anymore. Maximum RM1. The super app is even more of a joke HAHHA. Cant even handle high load in its own ticket system still wanna say develop app. Grab got Softbank funding and so many users but probably still haven't turn profit. See Uber dah tau. Air Asia now not even certain if can make it through next year.

Cindy Lee wouldn't their unlimited passes bring in less profits? because they don't need to pay per flight. Only the baggage fees and taxes are needed to be paid. I see that more of a liability than earnings

The loan secures the next few months for AA and flights resuming is fine, but how many ppl will actually be going on vacation? Earnings will be significantly reduced. Remember, airlines is a fixed cost business. 1 ppl fly or 10 ppl fly also same cost incurred. Not to mention whether they will get crushed by debt interest payment. I actually bought into Carnival Cruise at 8.30USD in the March lows. One piece of good news is that they managed to secure a loan and issue bonds but at a 12-13% interest. Assuming AA get the same rate from the 1b loan, thats 120m of interest payment alone. Need to ask whether the earnings support this in this environment? For me I doubt so. AA will survive but probably not as a stock above RM1. Addressing people that said TF is a genius, Sir Richard Branson also genius but even he can't stop Virgin Atlantic from going bankrupt. Don't tell me TF is more brilliant than RB cuz thats bs. And considering WB also sold all his airlines stocks tells you what he thinks of the macro environment for airlines. And even if ppl fly, remember that they sold a lot of "All you can fly" passes to raise cash last time. Those passengers won't contribute much to earnings but AA still needs to fly them.

greedy44444 want say value then confirm know Warren Buffett lo. Even he sold all of his airline positions at a loss. Not to mention DAL and LUV are at much better financial positions than AA. If airline industry got value he dk? The sector these few years really a bit susah. If cannot secure loan or RI, confirm bankrupt. And RI will dilute the shares by a lot so back to RM1 also hard la. Stay away for now.

Certainly there is great rewards when buying into air Asia, but the fundamentals and conditions now are not reflected by the share price. Airlines are a very capital intensive venture. There are many fixed costs involved that must be paid regardless if 1 passenger or 10000 passengers fly. so the best hope of making money is to stuff more people into a jet. However, given the new norm of the pandemic, that does not seem to be possible. Second, air Asia provides low cost travel. Beneficial to the consumer for sure but the company will need to be operating with even thinner margins when compared to say DAL or AAL with their more "premium" seats. And lastly, the fact that Air Asia rents most of their airplanes means they can't even use their aircrafts as floats or collateral in order to get loans unlike CCL which actually has cruise ships that can be used as collateral when securing loans. Its ok if they lose money and actually have a better future growth prospect to look forward to such as TSLA or SPCE which I am both currently in. However, an airline company is a more traditional business and the main driver for its stock is most definitely the profitability of the company and what it can return to its shareholders. I find it hard to believe that air Asia can make it out like before the pandemic in one piece. Even if they get the loans required, the interest payments will surely cut into their margins in the future. Not forgetting that Air Asia should have been a PN17 company if not for BURSA relief measures.

anyone know why Dayang is still so far off from its pre covid levels? seeing everything is rallying up ady