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4 comment(s). Last comment by r°Moi 2016-04-01 17:43

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-01 17:22 | Report Abuse

This is not so good....

This confirmed AirAsia needed the cash... but Tonys original plans to raise cash are not working out...

Cannot get the cash elsewhere... gearing too high maybe.. have to beef up the share capital... before any bankers want to even look at it


IAA needed fresh fund.... no IPO... not even pre IPO... and local JV partners also have pumped in a lot last year

PAA needed fresh fund... but IPO maybe in 2018 only... also no pre IPO

AAI... TATA is ready to pump in fund... can AirAsia match it??

JAA... same

AirAsia is the strongest... but its balance sheet is already stretched... cannot even do the Multi Currency Short Term Note??

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-01 17:26 | Report Abuse

Talks of low jet fuel price and strong RM have made people want to sailang only....

Conveniently... forgetting about the problematic IAA PAA totally....

IAA PAA AAI JAA AirAsia all need money... big money... now the problem is coming back to haunt Tony


It is about the Short Term Note in multi currencies... that Tony mentioned in around January

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-01 17:32 | Report Abuse

Well... there is a divvy... let's take one day at a time... be steady

r°Moi

5,802 posts

Posted by r°Moi > 2016-04-01 17:43 | Report Abuse

And..... hope this is not a forced buying....

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