okay okay, still can collect some airplanes parking rental fees, as more planes are grounded, if the rental is calculated by number of hours the airplanes are grounded, then fattat lo...
@mayun after visiting airports i disagree.. better stay away for now. Lots of shops have closed down even mcd, burger king that will impact rental yield.
The problem is that there's no shortselling. So the price can stay afloat for a long time..
You can try to trade the volatility la. I think there's a buaya/shark inside :p
@smallkid91 Thanks. I have not been travelling for quite sometime, as with the restriction, I would guess that the shops lots business at the airport must be worst than AEON shopping mall shop lots, so collecting rental fees from shop lots would be a problem. I am just guessing the rental that the airport is getting from the airlines as most plane are grounded.
Yesterday, more than 61 thousand passengers made a passage from Sabiha Gökçen With the transition to a controlled social life, Istanbul Sabiha Gökçen International Airport resumed flights to 33 domestic lines and 45 international destinations, while 61,408 passengers used the airport yesterday.
Tenants who have signed up or are going to sign up under Malaysia Airports Holdings Bhd’s (MAHB) ongoing airport commercial reset programme will get to benefit from a rental reduction of up to 30.0% from the current rate. This is equivalent to a total annual savings of RM45.0m for the participating tenants. (The Edge)
Not sure about international terminal but just travelled to Sarawak a few days ago and saw that all shops in the domestic KLIA terminal closed down and even lighting was very dim. Presumably international terminal is no better. What a sad scene! Probably tenant will only come back after travel restriction is lifted and capacity restored to satisfactory level and that may be 2022 and beyond.
covid cases increasing daily... hopefully there will not be a second lockdown. If it does.... Airport.... Who will visit Airport ? That's why Airport is droping day by day... going down day by day...
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....
MaYun
264 posts
Posted by MaYun > 2020-08-06 11:41 | Report Abuse
just could'nt understand why the stock price is so solid above RM5.0, airlines are reporting massive losses, so who are using the airports ?