Next week 0.70++
Next next week 0.80++
Next next next week 0.90++
Next next next next week RM1.00++
Next next next next next week RM1.10++
Next next next next next next week RM1.20++
Next next next next next next next week RM1.30++

Getting back to normal Saturday, 11 Jul 2020

https://www.thestar.com.my/business/business-news/2020/07/11/getting-back-to-normal

HE called it the biggest fight of his career. Saving AirAsia Group Bhd

is Tan Sri Tony Fernandes’ biggest challenge after he and his business partner Datuk Kamarudin Meranun bought a fledgling airline for one ringgit 18 years ago to turn it into one of the world’s most famous low-cost airlines.
With its fleet grounded until recently, Fernandes had to endure the anguish of wondering if the airline they painstakingly built will be able to survive the business chasm brought about by the Covid-19 pandemic.

Just as flights resumed, AirAsia’s auditors Ernst & Young dropped a bombshell after it raised concerns about the company’s financial statements for the financial year ended Dec 31,2019.
It issued an unqualified audit opinion due to material uncertainty relating to going concern as its current liabilities exceeded its current assets by RM1.843bil. That number has nearly doubled at the end of its first quarter ended March 31,2020 with the change in accounting rules on its leases affecting its balance sheet.


The airline is confident its business will continue to survive, given the efforts already undertaken to raise cash and to cut costs, more importantly to see its cash expenses drop by 50% this year.
“The good thing is... about three months ago, there was a vision but we did not really know whether that vision would happen. The good thing is we’re flying, ” Fernandes tells StarBizWeek in an interview.
“We see people at the airports, our load factors are not bad, everyday our sales are improving, that is a lot better than (March and April).”
Next up will be when international flights resume and the airline, which used the downtime effectively to grow its digital business, is looking at those businesses being more than supplementary ancillaries to its overall operations.
Below is the interview Fernandes gave to StarBizWeek’s Royce Tan and Jagdev Singh Sidhu.
You said this was your biggest challenge, why is it so and what have you learnt from the many crises you have been through? The biggest challenge is because in every other crisis, there was an ability to create demand. You can’t create demand between Malaysia and Thailand right now because it’s not open.
We could do something to stimulate the market and to get it going. Now it’s a waiting game.
I have no doubt at all, as soon as the borders are unlocked, travel will be like this (gesturing a steep upward curve). I’ve absolutely no doubt.
The beauty is also that, tourism is a very large part of the Asean economy, a massive part of Thailand’s economy, and a big part of the Malaysian economy.

It’s all just a waiting game?Yeah, but at least it’s imminent. When Covid-19 started, if you told me there’s going to be 95% of the planes on the ground in the world, I would’ve laughed at you. No one expected that Malaysia will be locked down for six weeks and millions of people around the world are infected.
But I think now when there’s a cluster, we know how to react. Melbourne’s got some, it’s been isolated, they’re dealing with it. We’re prepared, the health system is prepared. So far, big countries like Indonesia, Thailand, Indonesia, the Philippines and India, our markets are much more prepared.
What about the subsidiary companies that you have. How are they coping?I think Thailand is similar to Malaysia, domestic is operating. The Thai government has pumped in a lot of money into the tourism industry. They’re giving like 40% for your hotel that kind of stuff. India is an interesting comparison. The Philippines is next, they’re flying, it’s getting better.
Indonesia is the toughest but then again you can’t compare Indonesia like you compare Brazil. Indonesia has got a lot more (cases) than us but less than Brazil. And Indonesia is a massive archipelago.
And India is a market which is operating in Covid-19, it’s interesting. In India, China and Indonesia, you will see green zones opening up.
How are you prepared for that, what’s your roll out strategy when things start to move?Domestically, we’re just having capacity as and when we need. In terms of international, we got it into two bits, countries that we think need no testing and no quarantine and countries that we think will need testing. Countries that will need quarantine, we’re not even bothered.
So for the first bunch, no big deal. For the second bunch, we’re working with clinics and hospitals, trying to reduce the cost so that you can get tested. We already built a tag, so your medical records will be in our app.
The second thing is consumer behaviour. With Malaysia Airports Holdings Bhd

, we’re now almost contactless and the last thing is the bag drop.
You can now use your mobile phone to check in at the counter and your luggage tag will come out. You still need to hold the handle to bag drop, but that will also be contactless soon.

AirAsia get banks’ nod for RM1b funding
Thursday, 09 Jul 2020 
10:43 AM MYT

https://www.thestar.com.my/business/business-news/2020/07/09/airasia-get-banks-nod-for-rm1b-funding

Next Week rebound.. 0.80 ++
T.p by end of Aug 2020-> break above 0.90

T.p by end of Sep 2020-> break above RM1.00
T.p by end of Dec 2020-> break above RM1.50
T.p by end of Mar 2021-> break above RM2.00
T.p by end of Jun 2021-> break above RM2.50
T.p by end of Sep 2021-> break above RM3.00

Huat ah ! Heng ah ! Ong ah !

Oh my goodness,
I park the queue @0.64 this morning
now All Matched,
Very scary, such a low price also can matched..

But I’m confidence that it definitely will rebounce
back to break above RM3.00 again !

Post removed.Why?

Post removed.Why?

Right Issue @0.50 is it confirm ?
When is the Right Issue Date ?

How low AirAsia can hit?
0.40 or 0.30 or 0.20 ?

Post removed.Why?

Post removed.Why?

Fantastic ! Now XOX already
traded at=> 0.255 (+0.075)(+41.67 %)!

Like that today XOX definitely can closed at=>
0.50 (+0.32) (+177.8 %) !

Huat ah ! Heng ah ! Ong ah !

Fantastic ! Now XOX already
traded at=> 0.255 (+0.075)(+41.67 %)!

Like that today XOX definitely can closed at=>
0.50 (+0.32) (+177.8 %) !

Huat ah ! Heng ah ! Ong ah !

come on, try on XOX !

Post removed.Why?

Post removed.Why?

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64 percent) !‬
Brent=> $44.80 ‪(+1.52) (+3.51 percent) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64 percent) !‬
Brent=> $44.80 ‪(+1.52) (+3.51 percent) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64 percent) !‬
Brent=> $44.80 ‪(+1.52) (+3.51 percent) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64 percent) !‬
Brent=> $44.80 ‪(+1.52) (+3.51 percent) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64 percent) !‬
Brent=> $44.80 ‪(+1.52) (+3.51 percent) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Walaoeh, Oil price spike up crazily !
As at 10.55pm,
Nymex=> $42.41 ‪(+1.49) (+3.64%) !‬
Brent=> $44.80 ‪(+1.52) (+3.51%) !‬

‪Huat ah ! Heng ah ! Ong ah !‬

Then just don’t every minute stare on the buy queue vol. & sell queue vol. lor...

Just concentrate your work earn more monies...
Once it reach your selling t.p just sell it or once it reach your buying t.p then just buy it... that’s it !

You see XOX, last time few cents also nobody interested, now every day spike up , today already 0.175 also everybody chase to buy it...
And it’s share price probably will continue spike up to above RM2.00 !

Don’t worry, Vivocom will be the next one that it’s share price will spike up to above RM2.00 !

Huat ah ! Heng ah ! Ong ah !

I think when tommorrow it’s share price spike up to 0.80 and above, he will regret that why he so stupid to sold all his Vivocom shares so early !

Is it Moving to Main Board or announce giving free Warrants-F to shareholders ?
Or getting new projects ?

Post removed.Why?

Come on, Announce free warrants-F to its die hard supporters, it’s price will spike up to 0.80 and above !

Huat ah ! Heng ah ! Ong ah !

Buy more to subscribe the right issue @0.50 !

Yes, Vivocom & it’s partner CRRC will get the contact of Kuching’s ART system !

Post removed.Why?

Post removed.Why?

Vivocom-WD already expired yesterday,
So, it probably will reward it’s die hard supporters by giving the free warrants of Vivocom-WF soon...

So, if the management today announce to giving free warrants Vivocom-W to all the Vivocom supporters, then don’t be surprise oh !

Huat ah ! Heng ah ! Ong ah !

Tommorrow will be the steels theme,
Mycron probably will be opened at => 0.40 (+0.09)
(+29 %) !
and closed at => 0.50 (+0.19) (+61.3 %) !