PH government no need to protect the local business by increasing the local companies to participate in competition, but not to share the small cake to businessman from other countries
I like what truly said.... 2.30 he say will plunge... than 2.40 than 2.50 than 2.60 ..... now 2.90... yes 1 d ay it will drop.... who dunno that. But at least , if oil pric3 continue low for another 1 month than u can see beautiful qr next
Everyday Friday meh? Tomorrow may have profit taking activities first before rocket up next week. Next week will be crazy since the quarter annocument very near d. Normally the dividend will announce together.
Holidays coming soon, hold tight and u might get free tickets. Airplane sell le so many, expedia share also already sold, all might key in under this QR and will show high cash flow!
Oil is bearish near term. Now US got 12 million bpd of shale. OPEC and Russia will go to price war again, very soon. You will see USD50 / barrel very soon, then USD40, USD30 and probably USD20 eventually.
Don't see me normally LELEFEFE, I am still an economist. Keke!
Despite that, market is really weak and getting weaker. Don't expect airfare and load factors to be high in the coming quarters.
Elon Musk said Ford won't survive the next financial crisis. I Well, SIA, Cathay may survive, but they got to shrink to survive.
In fact the oil industry, in this stage, is more like the final cash milk out because the new power source is "allowing" to be commercialized in near future.
You just study a bit how Saudi Arabia movement, then you will know something. When the oil is irreplaceable, you can see their behaviour. However, for this 1-2 years, their so called King need to pay their visit all around the world. Because they like? or they need? Think about that.
To monitize the physical assets may not be a wrong move which eliminate the heavy borrowings subject to interest rate and forex movement exposure.
Look at Agoda.com, Booking.com, if you always travel and stay hotel, they not owned the physical assets and its associated heaving borrowings. But they are entitle 15%-25% commission on the room rate, it is 15-25% of revenue instead of profit.
Maybe digitalization of business is a bit too far for investor. But apparently, AirAsia Group now having "not bad future" plus "cashpile of RM5billion-RM6billion or equivalent to RM1.20 per shares" plus "major shareholders also have aligned interests to optimise the share price".
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New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
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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....
joan1234
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Posted by joan1234 > 2018-11-15 16:45 | Report Abuse
PH government no need to protect the local business by increasing the local companies to participate in competition, but not to share the small cake to businessman from other countries