Hahaha.... @i3lurker, my dividend money only credited into my account after 5:00 p.m. (also good lah... so I won't be tempted to buy more).

Have a nice weekend everyone! Merdeka!! Merdeka!!!

Closed green at RM6.93, up 16 sen (+2.36%).... very good show today! Have a nice weekend everyone! Merdeka!! Merdeka!!!

RM6.96 now, up 19 sen! very good!!

@Ncm88, well.... at least your 1 day up 7 days down rule is no longer true now. So far, 2 days up, 1 day down & 1 day up (probably next week also up).

RM1.70 pun belum lagi..... balik2 cakap RM1.65 apa guna?

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Betkaukau: Very weak !!! Let’s buy again below 1.65...
30/08/2019 2:40 PM
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Today another green day for PCHEM .......may be able to break above RM7.00 (hope so).

Today closed green (+8 sen) on high volume (8.8 million shares) is a very good technical sign.... hope this will lead to further up in price for at least a few more days.

As long as EPF/Citibank keep buying 1 or 2 million shares every other day, I am confident that the price will slowly move up back to RM7.00+ soon (and likely back to RM8.00+ after several months).

Yes, if want to cut loss should have cut loss at higher prices like RM7.30 & above.... don't cut loss at historically lowest price like now. Now is the time to start buying.... not cutting.

@Kyou, there's no such thing as risk free in the stock market..... there is only less risk or more risk at different price level as well as different kinds of risks depending on your investment/trading method (or strategy).

What "knife fall"? Looks more like a basketball bounced up from the floor at RM6.80; it already broke above my predicted RM6.91 briefly (highest price this morning was RM6.92). Hope today can close above RM6.91 or somewhere near there plus/minus a few cents.

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member41: 680.... buy or let knife fall
27/08/2019 9:33 AM
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For those who feel "stress" holding PCHEM shares, just look at EPF's announcement yesterday:

20 Aug 2019 2,198,748 shares Acquired Direct Interest

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=5183

The lowest price on 20 Aug was RM7.16

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But of course salman can be 50% correct or wrong..... the QR can only be either bad or not bad. So, in giving this fake warning.... if it turns out to be bad then he will say "u see, I have warned u all already" but if the QR turns out not bad then he will just disappear for a while.

salman already sold all but he is trying to get in buying cheap.... so he keep giving this fake warning to make people panic sell (same like what Betkaukau trying to do all the time).

Today may break above RM6.91 (better still if can break above RM7.00).

Hehehe.... hari ini rugi sikit. Good thing KLCI closed slightly above 1,600. Tomorrow may rebound a bit (hope so lah).

EPF will start buying back after 4:00 p.m. because dividend is very important for EPF.

Hahaha! ....will try to sell b4 the RM6.00 TP.

Managed to grab some at RM7.03 (main berani saja).

Wah! Looks like today may break below RM7.00 !!

SIA did well in long haul routes because it is a full service airline (not budget airline like AAX) and Singapore's customers are much wealthier than Malaysian customers. Also, Singapore being an advanced business hub for import-export businesses has a lot of multi-nationals from different countries doing business through Singapore (Malaysia is a different story altogether... this led to the fate of MAS).

In MAS & SIA's case, the very different results was due to different sets of managers: MAS was managed by Malays (and BN government) while SIA was managed by Chinese.

If merge AAX & AirAsia then AirAsia's share price will tumble to below 50 sen (100% sure about this) for very obvious reasons. So, I won't wish for a merger.

@Mabel & @InvestWin, even though both AAX & AirAsia Group (AAG) are managed by Tony Fernandez & his team, their results are very different (AAX huge loss but AAG very profitable) for the following reasons:

1. They serve different market segments: AAX long haul travelers to destinations outside ASEAN region whereas AAG travelers within ASEAN (nearer to home country) & India plus Japan. Destinations (or regions) further away from home country (Malaysia) are more competitive (harder to make profit).... have to compete with airlines of many different countries. Long haul travelers tend to be more wealthy people & prefer full service airlines while AAG cater to the less wealthy customers who tend to prefer low cost airlines.

2. Destinations (or regions) outside of Malaysia are less profitable (as can be seen in the financial results of AA Thailand, AA Indonesia, AA India, etc.) because AA does not have monopoly outside of Malaysia whereas AAB (Malaysia) contributed 62% revenue & 92% profit of AAG because it is almost a monopoly for AA within Malaysia. Losses in Indonesia, India, Vietnam & other countries were covered by huge profit in domestic flights (in Malaysia).... so, overall AAG became profitable. Unfortunately, AAX does not have anything to cover its losses.

3. There are other reasons such as having less control in markets further away from Malaysia due to regulations & logistics (also having to depend on foreign associates).

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Hope the price will drop lower so can buy some more.

@InvestWin, Tony Fernandez said this: "The whole purpose of setting up AAX as a separate company, is because we believe it should be separated..." Perhaps the news article below will answer your quiries: (please type the "-x" onto the web address bar after u click the link below)

https://www.theedgemarkets.com/article/airasia-no-merger-airasia-x

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@InvestWin, look into the website below..... note that AirAsia X is not placed as a subsidiary of AirAsia Group. AirAsia X has its own group of companies.

https://centreforaviation.com/data/profiles/airline-groups/airasia-group

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That's because Tony & his partner are major shareholders of both companies & Tony is the CEO of both companies. They can't manage the two separate companies at two different locations...if that is the case, then they have to keep traveling from location to another to have meetings & do their work (16 hours a day: 8 hours here & 8 hours there).

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InvestWin: @risktransformer, From all publication, AirAsia & AAX share resources and same HQ address and management team is headed by similar personalities. Especially the leadership, they know how to make AirAsia profitable; but AAX is losing money most years, all these raise my doubts.
23/08/2019 11:45 AM
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Those who keep thinking that AAX is part of AirAsia Group (or they are related companies), it is just like thinking that Heineken is part of Carlsberg (or they belong to the same company) because they are both beers and sold in green cans or green bottles.

@InvestWin, AirAsia Group is NOT the parent of AAX & AAX is NOT a subsidiary of AirAsia Group; they are two entirely different companies & their assets are separately owned/disposed. AAX's big loss was NOT because of AirAsia Group making profits at its expense. AirAsia Group's profit/loss has nothing to do with AAX's big loss.

Hehehe..... despite Betkaukau keep talking bad about AA in this forum, the price is still at RM1.82; later he will increase his buy call to RM1.80 (previously from RM1.50 to RM1.60 to RM1.70).

There seems to be more than one "fun manager" in this forum (that's what I noticed).

Hehehe..... I "untong" a bit already.

Hehehe.... Betkaukau's buy call keep going up in price: from RM1.50 to RM1.60 & now to RM1.70

The "fun manager" is in this forum trying to get people to do the opposite of what should be done.

IB & operators feed on ikan bilis..... without the ikan bilis collectively losing hundreds of millions where can the IB & operators earn hundreds of millions? from who? killing among themselves?

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Betkaukau: IB and operators have thousand millions of AA shares for the to play. How many ikan bilis have?
22/08/2019 10:54 AM
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Don't worry too much about the long term future la (let the future takes care of itself)...... see, the price is RM7.20 now. Just take advantage of the current price movement la.

U all must learn how to understand what Betkaukau is trying to tell u. When he said "Buy after QR out !!!!" he was suggesting to u that the QR will b very bad (big loss like AAX) so the price will drop a lot. If u believe him then u will panic sell now b4 the QR out. When many ikan bilis in this forum panic sell b4 the QR out it will become "the storm" (which he hoped to create). If he is successful in creating this "storm" b4 the QR out then he can quietly buy (hopefully at RM1.60). And then when the QR comes out & ikan bilis finds out that there is no "big loss" as suggested by Betkaukau, they will rush in to buy.... causing the price to shoot up to RM2.00 (so, just nice for Betkaukau to sell after QR out.... that's y he asked u all to "Buy after QR out !!!).

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Betkaukau: Buy after QR out !!!!
22/08/2019 10:05 AM


Betkaukau Congrat to those follow me from 2.45 to 3.00. Let’s made another huge profit from 1.60-2.00 this time...
22/08/2019 10:29 AM
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Betkaukau's job in this forum is to confuse everyone so that they will buy/sell at the wrong time & lose big money!

Storm created by Betkaukau trying to scare people with irrelevant info such as 'AAX's big loss' so that he can buy low when ikan bilis panic sell.

Hehehe.... the whole day red, only down 1 sen (not bad).

AAX is NOT part of the AA Group...... so the '2Q big loss' in AAX has nothing to do with AA Group 2Q profit/loss.

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Betkaukau: Maybank: AirAsia X likely to report 'big loss' for 2Q

https://www.theedgemarkets.com/article/maybank-airasia-x-likely-report...
21/08/2019 2:41 PM
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Later, when it reached the bottom already (let's say at RM6.40) then it will be down 1 day up 7 days...... hehehe!

Hehehe! Whether PCHEM move up or drop lower from my entry at RM7.16, I won't be too wrong since I'm just starting to collect bit by bit. I have spaced out my buying all the way down to RM6.40 (if ever that happens).

If the KLCI were to start moving up from here (now at 1,602.75) then usually most stocks (including PCHEM) will follow to move up (hope this will be the case).

I won't all in now..... the price has not rebounded yet despite EPF's continuous buying.

Looks like EPF started acquiring PCHEM for some time now. I'll just follow EPF .....bought some at RM7.16, hehehe!

TF working very hard through legal means, social media & politically....... and also moving into asset light & capital light business model as well as using fintech to expand AA's business.

Too bad..... defending also drop: PCHEM dropped back to RM7.15 & KLCI dropped below 1,600 at 1,599.22!