Jeffyap, I agree with you that sometimes, it is better to lock in profit first when there is not so good news announced.

However, we do not know when is the right time to buy back. So, i did not sell but buy more when the price was down.

I see hng33 is very good in lock in profit and buy back.

I bought again at 1.93. My strategy is to accumulate below 2.00

I bought again at 1.91

Furthermore, this is not finalized yet but proposal only.

Short term player may take profit, but for long term player, this is a good chance to accumulate more shares.

Don't be panic.

The fee increased by DCA is just marginal comparing to Airasia profit.

I will see this is a good chance to collect more.

Today's correction may due to explosion in mid valley mega mall.

Just read the news, it is related to gas but not terrorism.

Hopefully, afternoon will rebound.

No worry, it is just healthy correction.

Same as previous correction when the price was 1.6x, 1.7x, 1.8x

1.91 SAPU!!!

Airasia touch rm1.90

All below financial institute call for "BUY" Airasia with target price,

CIMB - RM 2.70
McQuarie Equity Research - RM 3.00
MIDF - RM 1.94

Also read the article CIMB revised the target price to rm2.70, but the file i received from friend is in picture format. Tried to copy and paste but cannot.

Today is 1 April. Q1 2016 already passed.

Tony should have known AirAsia Q1 2016 financial results is really fantastic so he will use RM1 Billion to buy Airasia private placement shares.

Would it be possible?

1. Airasia sell and lease back aircraft to/from Everbright for USD 200 millions, about RM 775 millions.

2. Then use this money to increase its share from 19% to 30% through private placement.

11% up equals to about 306,139,548 shares... assuming private placement price at rm2.50, the fund require is about RM 765 millions, which matched the fund raising amount.

After this, all the money still with Airasia, and Tune Air will hold 30% Airasia shares.

It is two separate things.

Declare dividend for existing share holders.

Fund raising from new big investor

To determine if one share is overbought or high price shall based on its PE ratio - for Airasia, its PE ratio is still very low, so overbought is not a problem.

tanflash, good. At last, got positive comments.

I believe the announcement will be neutral, otherwise the share price will jump up and down in last day of trading, but it remains unchanged on 1.83

If the announcement is neutral, it will up to individual interpretation, and some may sell, and some may buy...

Whatever announcement today, I believe in Tony that this shall benefit the company in long term.

In short term, price may up or down due to the announcement.

However, look at airasia fundamental, if you can hold long term, i believe you will still be the Big Winner.

I think this shall be privatisation as the followings,

a. Airasia share price is very low based on PE ratio.
b. With Everbright investment， AirAsia can reduce or clear its debt in US dollar, to clear the business uncertainty of huge interest if USD hike due to federal reserve increases interest rate in the future.
c. It is not a problem, if one company announced not intend to privatize 2 days ago, and announce privatisation tomorrow.
d. Private placement and right issue do not require suspension of share trading.
e. Extremely high daily transaction volume in whole March, they could have collected a lot of shares.

As Airasia has strong fundamental with recent low oil price and strong malaysia ringgit, I plan to hold my Airasia shares until at least the 1st Q 2016 financial results is out in end May.

Whether to continue holding or not will depend on the 1Q 2016 results.

1 Jan 2016 - USD vs MYR is 4.30
30 Mar 2016 - USD vs MYR is 3.94

Assuming there is no big difference for tomorrow, last day of Q1.

Then, the unrealized foreign exchange gain for Airasia and AAX in Q1 2016 financial report will be big amount.

Airasia counter went up from 1.81 to 1.89 when the rumour of privatization was spread.

This counter has gone down to 1.81 (as of closing this afternoon) when Maybank IB comments on unlikely of privatization.

The share price has gone down to the level before rumour of privatization.

Logically, it shall not go down this afternoon even if denial from Airasia about privatization.

Ruby828, don't worry, nobody buy at lowest, and nobody sell at highest price.

Just trust your believe.

I bought again at 1.77

Again, long term, not contra.

Today selling down seems like funds selling, too huge volume. But it always one fund selling, another fund collecting... or even same fund under different name is collecting. We won't know.

However, one shall trust his believe and fundamental, stays firm.

Today airasia share price drop is a healthy correction - similar to few weeks ago when its price was 1.6x... and 1.7x...

Share price cannot be up every day, a healthy correction before moving up to higher level.

It's just my 2 cents, take your own risk.

I bought again at 1.81 and 1.82, for long term, not for contra.

Buy shares based on fundamental and also PE ratio. To determine if a share price is high or not, is not based on their recent up 30% as Maybank IB stated, but based on PE ratio.

Agree with cchin. Can hit 2.00 by this week.

Bought again Airasia shares this morning at 1.85

Just read the news of Airasia privatisation on Sin Chew Daily. The news should have been published in more major media.

Share price may go up tomorrow, chances of accumulating AirAsia share below rm2.00 become lesser and lesser.

I bought again Airasia at 1.81, for long term, not contra.

Just bought again Airasia at 1.84. Personal opinion, will continue accumulate when the share price is below 2.00

Cheers, cchin and hng33, 1.87

hng33, it's good you buy back. Airasia now back to 1.86 again

It will be great if today can close at 1.80

Bought again at 1.74

Spy008, thank you for your detailed explanation, appreciate it.

I will take this into consideration.

Spy008, thank you for info sharing.

I just checked Q4 2015 financial report, noticed this - Maintenance and overhaul expenses -- RM 64,682,000. Is this the one you mentioned?

Correct me if i were wrong.

Traderman, today's correction is healthy after yesterday up for 8 cents.

We shall look at long term. The crude oil price dropped as there is still lots of supply of oil and Iran refused to lower down its output.

It is ok with me if back to 1.71... i will buy more.

One thing, i have been accumulating Airasia shares from 1.34, 1.38, 1.44, 1.59, 1.68....

It is almost 90% sure that the Q1 2016 Airasia financial results will be better than Q4 2015... then why wait?

Just bought at 1.77, still cheap to buy below 2.00

EPF disposed 12M shares, Airasia share price still can up 5 cents

Imagine EPF stop disposing... the share price may shoot up

Interesting, EPF disposed so many shares on 3 Mar, but the share price was up from 1.63 to 1.68 on 3 Mar

Who is the one bought EPF shares?

Sold all AAX and AAX-wa.

Still keep all Airasia.

Just bought Airasia at 1.68

Pussycats,

I started buying airasia from 77 cents, 56 sents, 45 cents, 18 cents, 22 cents, 24 cents... i own not many, but 200K++ shares only.

My average price is 0.324

i did Not buy till now, after Q4 results announced...

Reading your email of wanting to have personal loan or refinance to buy AAX... make me think that if i shall buy more AAX now.

Wa lao, you all plan to put all eggs into one bucket? Is it really worth?

you will regret on monday +2

jjchan,

on 1st Oct 2015, US vs RM = 4.40
On 31st Dec 2015, US vs RM = 4.30

Can i say this shall be forex gain for Q4? am i right?

When is the 4Q 2015 financial report out? Today ?

Fasten Cfs, you queue to buy aax at 0.245 ? Or queue to sell ?

what news ?