Marco economic on jet fuel price and weak currency is against Airasia operation cost. Coming quarter airasia might temporary facing another challenging quarter due to higher operation cost. If you do not have enough cash to hold on the stock not recommend to keep buying. You will eventually get freak out and sell at even lower point if it drop further.
No matter how good, tf already said. It’s challenging. Last quarter fuel price not as high but operating cost ady kill the results. This quarter? I’m looking at at least 30% drop in operating profit
so tony says RM 6 fair price and the market says to hell with it and gave half of that at RM 3.Let's see what else this fella will say now...any way he is just a puppet..the masters are else where.
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LilyLL
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Posted by LilyLL > 2018-09-05 10:22 | Report Abuse
Better buy Lionind good stock