Relax guys, I bought AA back when people are questioning whether there will be a COVID vaccine and this is back at RM0.60+. Just ignore the naysayers, they are obviously trying to bring down the price so that they can buy in cheap.

Literally just buy, hold and wait for RI.

I wonder what is the reason for MMC to be down today

Starting an airline doesn't mean you can fly from destination A to destination B immediately. You will also need to apply for flight routes which can take many years especially for popular routes like the KL-SG route.

Some of the people here really don't have a clue what they are talking about, they talk as if a newly formed airline will be able to fly just about anywhere.

Interesting that this counter is in the red while Gamuda is green, I wonder what is up.

Should take simplywall.st analysis with a grain of salt imo, most of their analysis are computer generated.

You talk as if NTA is the only factor. If stock investing is as simple as looking at the NTA, many people will be easily a millionaire by now. You need to consider market sentiment (share price movement of listed airlines around the region) and future growth & prospects as well, not just NTA lmao.

@ValueInvestor888 Yes actually, 3 local banks are willing. Keep yourself updated with the news.

"average cash burn has been reduced 92% to RM26m per month in 4QFY20 from RM327m per month in 1QFY20"

3 local banks already gave approval, only waiting for danajamin... Even Thailand's Exim bank is willing to loan AA.

Insider Forecast, Doesn't change the fact that substantial shareholders like Stanley Choi must notify AA within seven days of the date of change in his shareholdings. He will have to disclose it anyway if he were to sell his shares for profit.

Common sense, he technically can do it but he will look bad.

@Insider Forecast He is a substantial shareholder and if he just sell his shares like that, it will be disclosed for everyone to see. It will be a dumb move because who will want to do business with him in the future if he does something like that?

Oh some of the IBs are definitely buying, they just don't disclose it in their analyst report, they give a low TP to scoop more shares.

but IBs have been rating this counter as a sell since forever, never trust the IBs since they have their motives.

Nah not worried, I bought at RM0.628. Was around when clowns like you are thrashing this counter, it will be the same long term.

ahahaha, okay "high ranking IB officer"

Correction, cash related expense for FY2020 is RM4b, 4Q2020 cash related expense is about RM1.2b

You ownself claim high ranking officer in IB mah lol, you are the so called "expert" here

Gotta expose you sorry

Failed so called investment banker la this i3lurker, how did you even get RM3.5b cash burn for 3 months when their non cash expenses don't even reach RM3.5b for FY2020.

A Canadian investment holding company and a billionaire founder of an American investment holding company.

Guys guys, the RM1.5b impairment losses are non-cash expenses.

Yeah this guy i3lurker is definitely a joker, even claimed that he was a high ranking officer at an IB lmao

Seems like the losses other than the one-off impairments of RM1.5b is RM793m plus the fuel hedging loss of RM391m.

Steady Punpipi it's been awhile! Haven't seen you since like RM0.755

Someone is being extremely bitter today...

I sense someone using multiple accounts to comment here and talking to themselves. Honestly, I must say how pathetic and sad.

"Mr Fernandes said they are also considering a loan offer from the Thai government via its Exim Bank, besides raising up to RM1 billion through rights issues."

read the article perx135305, not just the headline

@Maxsuper Then why are you here?

https://www.malaysiakini.com/news/568318

Probably RM1b rights issue but don't know when.

Anyone can explain to me what might happen if MMC decides to list their ports? How does this affect MMC's share price and future dividends?

Unfortunately, most Malaysians are traders and not investors. Hopefully one day, people will realise how undervalued this counter is.

Hopefully the sell down is over.

We are basically fighting with the institutions at this point, they can just casually dump millions of shares like a couple of minutes ago.

Damn institutions keep pushing it below RM1, so obvious

It's almost like people forgot their QR results last month, their P/E might drop to 7 or below if this continues.

https://www.channelnewsasia.com/news/commentary/israel-covid-19-coronavirus-vaccine-restriction-lockdown-travel-14436522

Just look at Israel, they now have some semblance of normality at just above 50%+ fully vaccinated population. It's still not too late to dump your glove shares for AA.

@Maxsuper They are not sure which is why most of them closed their positions 2 days ago lmao

Volume today is very low.

So shorters clearly don't have confidence that it will go down a lot.

@Will188 I don't know whether you have noticed but majority of the RSS position for AirAsia have been closed since like yesterday lol. Net short position is only 0.75% now.

@sinkalan2015 Who want to take your advice when you are still in glove counter lmao? Rally died like half a year ago, move on lol

David Bonderman and his partners at TPG Capital & Aimia Inc (Montreal based investment firm)

Sorry, seems like the founder and the partners for the US investment firm themselves will be investing in AA

https://newsroom.airasia.com/news/airasias-successful-private-share-placement-reflects-companys-strong-fundamentals-digital-potential

US and Canadian Investment firm are the other PP investors

@vanbasten9 You are holding mmccorp warrants and you are saying deep correction, deep sleep, dropping etc. I don't get you.

I am not sure whether The Malaysian Reserve got it wrong since they haven't release their QR yet.

Please quote correctly since this is what Bo Lingam said, not next month btw

"Lingam said they would have to dismiss “more employees on a furlough basis” if the interstate travel ban remained until May."