In my last post, I talked about what I think AirAsia Group’s direction is headed, and I used a traditional cash flow valuation based on that story. It might be surprising to see that the valuation output is surprisingly low, even with pretty decent assumptions.

I just posted the 2nd part to the article exploring other ways to value a highly levered, deeply troubled company. Using relative valuation and even real option pricing.

Link:
https://zacharyseng.blogspot.com/2020/08/part-2-airasia-group-highly-levered.html

I wrote a short post about my perspective as a US investor on AirAsia Group https://zacharyseng.blogspot.com/2020/08/airasia-group-highly-levered-malaysian.html

fundamental perspective from a US-based investor, my take https://zacharyseng.blogspot.com/2020/07/top-glove-do-fundamentals-back-industry.html