Run asap like insiders.

Dividend got cash or not why must push?

25-Nov-2020 Additional Listing Exercise of Warrants - 2,426,900 shares at 0.250.
24-Nov-2020 Additional Listing ESOS - 111,500 shares at 0.250.

Stupid buyers or banker. Sell ESOS sure gain for insiders.

TS Wong also stock market trader?

Buy low sell high how TS Wong make $?

Wait NTA -ve or RI come only sell?

If 2 more qtrs loss like 25.5 sen NTA become -ve like AAX?

MCO over why still big loss?

Top Glove expects 1-month delay in orders after factories’ closure
https://www.freemalaysiatoday.com/category/nation/2020/11/24/top-glove...

S'pore kena why repeat in TG?

Valerie8 Haiya...dont tell me topglove inside no one is smart. If they are smart they would have alternative on stand by when their worker infected. Dont tell me they surprise or did not expect their foreign worker to get covid?? Dont tell me they think their foreign worker so strong or immune to covid. Its expected to get covid ma especially got big group of foreign worker. Topglove so rich, they unable to get new sets of workers (local or foreign) to continue work after premise sanitisation?
24/11/2020 8:48 PM

Agree. Sell when high buy back lower.

When RM 6-7 why you not here?

supersinginvestor Buy.
15/10/2020 3:13 PM

Dakewlest RM12 soon.
16/10/2020 11:40 PM

supersinginvestor Rm12 then rm13 then rm14 ......
17/10/2020 1:52 PM

Director last bought 11.2 can start selling tomorrow?

9.00 am tomorrow pls do like my ID. Otherwise change of govn/PM will not happen haha.

Why sales drop latest QR? Director also throw why?

clouud1234 kyy said like this because he want you all to sell and he want to buy more.If he said the stock is no good means he want to buy,if he say the stock is good,then thats mean he want to sell already.The Prolexus EPS is more than Comfort and Careplus,but Careplus and comfort is trading at RM3.00-5.00.Think about that.Simple,Prolexus at least worth above RM3.50
04/10/2020 6:46 PM

How abt they ask you buy so that they can sell?

drteh84 Becareful folks. What u see might not be true. They will ask you to sell so that they can still buy in cheaper price. Coz we all know it worth at least RM3-4. For those non stop asking people to sell , shame on you.
05/10/2020 12:42 AM

Dividend drop(0.3 from 0.5 sen) why must hide?

Sell drop nobody tell?

02-Oct-2020 Insider NARSPA HOLDINGS SDN BHD (a substantial shareholder) disposed 1,650,000 shares on 30-Sep-2020.
02-Oct-2020 Insider NARSPA HOLDINGS SDN BHD (a substantial shareholder) disposed 800,000 shares on 30-Sep-2020.
02-Oct-2020 Insider NARSPA HOLDINGS SDN BHD (a substantial shareholder) disposed 28,000 shares on 30-Sep-2020.
02-Oct-2020 Insider ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI (a substantial shareholder) disposed 3,634,000 shares on 30-Sep-2020.
02-Oct-2020 Insider ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI (a substantial shareholder) disposed 1,650,000 shares on 30-Sep-2020.
02-Oct-2020 Insider ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI (a substantial shareholder) disposed 800,000 shares on 30-Sep-2020.
02-Oct-2020 Insider ENCIK TAUFIQ AHMAD @ AHMAD MUSTAPHA BIN GHAZALI (a substantial shareholder) disposed 28,000 shares on 30-Sep-2020.

I3 members(PLP KYY) goreng? Must sell all.

Profit RM 6 why cannot sell?

18-Sep-2020 Additional Listing Exchanging of 5 years Guaranteed Exchangeable Bonds 2019/2024 into ordinary shares - 7,376,666 shares at 2.030.

MacQuarie is right?

SBB none, TS LWC not buying =can drop more?

Lim Kuang Sia smarttest among all?

TS bought >RM 26 why still down?

TG LWC also bought RM 26 who say cannot drop?

Recent low 15.9 or after bonus 7.95 break meaning more downside?

RM 15 before bonus will revisit or RM 7-7.5 ex-bonus?

EPF buy we must sell no wrong?

If 1000 Bursa stocks avoid paying banks like ARBB how?

PN17 coming. Park 1 million shares at 5 sen.

Dow red red 2sen pls come.

CGS-CIMB: Rights issue at AirAsia very likely, which saw RM956m operating cash outflow in 1H
Joyce Goh
/
theedgemarkets.com

August 26, 2020 11:09 am +08


-A+A
KUALA LUMPUR (Aug 26): A rights issue by AirAsia Group Bhd, which is very likely to happen, could see the airline operator issuing four billion new shares at 35 sen apiece to raise RM1.4 billion in new equity this year, CGS CIMB Research’s model assumed.

Its analyst Raymond Yap added that the equity issue may spill over into FY21F.

“AirAsia saw an operating cash outflow of RM956 million during 1H20, in addition to RM773 million in principal and interest repayments on its lease liabilities. As a result, AirAsia saw its cash balance decline by RM1.6 billion over the first six months of the year, to RM996 million (decline of RM1 billion in 1Q20, followed by a further RM0.6 billion drop in 2Q20),” he noted.

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“The drop in the cash balance slowed in 2Q20 because AirAsia stopped payments of virtually all of its lease liabilities during the 2Q20 and also implemented substantive cost cuts. The cash burn should slow even more in 3Q20 as AAGB worked to restructure the majority of its excess fuel hedges and also restarted domestic flights in Malaysia when interstate travel was permitted from 10 June,” Yap added.

He noted that with regional travel off the table until FY21F at least, especially considering the high level of infections prevailing in Indonesia, Philippines and India, AirAsia admitted that it may need to raise up to RM2.5 billion in new capital, which he believes is on the assumption that its aircraft lessors continue to agree to some level of lease payment postponements, without which the amount of capital needed may be even higher.

The local research house pointed out that potential derating catalysts for the stock include slower-than-expected recovery in domestic travel demand due to the shortening of the year-end school holidays in Malaysia from six weeks to only two weeks and weaker-than-expected recovery in international travel demand due to sustained Covid-19 border closures and/or the reluctance of passengers to travel on longer-distance flights.

“Another potential derating catalyst is a dilutive equity issue sometime in the foreseeable future. Downside risks include potentially higher-than-expected jet fuel prices should the OPEC+ production cuts continue for an extended duration; we have pencilled in Brent crude oil price assumptions of US$41/bbl and US$49/bbl for FY20F and FY21F, respectively, and jet fuel price assumptions of US$43/bbl and US$51/bbl for those same years. Brent is currently trading at US$45/bbl, with the jet fuel spot price at US$44/bbl, both above our full-year averages,” it said.

“Upside risks include a potential discovery of a Covid-19 vaccine, which may help restore confidence in air travel. A stronger-than-expected ringgit exchange rate vs. the US$ is another upside risk; we have used an average rate of RM4.20:US$1 but the ringgit is currently trading at RM4.18. Approximately 70% of AAGB’s pretax cash costs are denominated in US$,” it added.

Following its record quarterly net loss of RM803.55 million in the first quarter ended March 31, 2020, AirAsia sank further into the red with a net loss of RM992.89 million in its second quarter ended June 30.

For the six months ended June 30, 2020, AirAsia registered a net loss of RM1.8 billion versus a net profit of RM111.8 million a year earlier while revenue dropped 57% to RM2.43 billion from RM5.65 billion.

CGS CIMB Research reiterated its reduce call for the stock and lowered its target price to 15 sen from 58 sen.

AirAsia’s stock is currently trading at 69 sen, down 2.84%.

Read also:
AirAsia's net loss widens to RM993m in 2Q as full Covid-19 impact hits

Edited by Lam Jian Wyn

0.15 TP.

Virus vaccine could be bad for red hot glove stocks
https://www.thestar.com.my/business/business-news/2020/08/25/virus-vaccine-could-be-bad-for-red-hot-glove-stocks

Virus vaccine could be bad for red hot glove stocks
https://www.thestar.com.my/business/business-news/2020/08/25/virus-vaccine-could-be-bad-for-red-hot-glove-stocks

Wait <0.2 cheaper.

<50 cheaper haha.

Directors want salary increase good?

Posted by paperplane > Jun 30, 2020 8:14 AM | Report Abuse

PROPOSED INCREASE OF THE DIRECTORS’ FEES
“THAT approval be and is hereby given for the Company to revise the payment of Directors’ fees, details
of which are as follows, as recommended by the Nomination and Remuneration Committee of the
Company :-
Current Proposed Revision
Chairman of the Board RM7,150 per month RM12,000 per month
Executive Director RM5,200 per month RM10,000 per month
Non-Executive Director RM5,200 per month RM6,000 per month

NTA 26 sen why pay 2X?

DATO' DATO' SOO SZE CHING cash out to ikan bilis?
https://klse.i3investor.com/insider/director/8532/27-May-2020/149192_2064599311.jsp

QR no news bec loss? Why RI news first?

QR no news bec loss again?

PP or RI next?

If good like glove counters sure announced earlier.

No wonder QR delay so long.

Keep delaying QR is bad. Hiding loss?

Keep delaying QR is bad. Hiding loss?