I have a bit of exposure in Air Asia. Naturally I will like to know more about the group and share it with others. Even though that is the case, I try to be objective when writing about a stock. At the end of the day, it is the profit that matter. If they can't deliver good result next quarter, no amount of writing can push up the price.
if they promote when AA at low price e.g. 0.80, that is honest, caring & sharing person...trustable person if they promote after the price rocket already, that's mean...u know what I mean... I think in market, they need to find loser to make them a winner, that's normal, therefore, we also cannot blame ICON, he need to earn for living to find loser to compensate her winner
Not really, did you read my article "three ways to punt the market" ? Air Asia currently has momentum. As such, even though it has gone up from 80 sen, there is room for further gain (as EPS is strong). In that article, I called that "Surf Riding".
we need to be patient. contra players tend to hit and run ( same as counters @ push & dump ). Both AA and AAX was push down by allegations of irregular accounting . Similar to murky water CEO write up on olam international. AA & AAX ( Tony ) came up with clear picture what they did with their lease and write back between AA and AAX subsidiaries.
With the stronger ringgit and the inflow of E-visa from China. AA and AAx can expect better volumes plus lower fuel prices. The coming quaters will confirm whether the turnaround of both AA and AAx. Both counters have not recover their last year share pricing. AA ( > RM 2.00 ) AAx > 80 ( after their rights )
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
lux88
148 posts
Posted by lux88 > 2016-03-29 12:13 | Report Abuse
Icon,looks like u promote AA actively, AA is your largest portfolio?