is tony trying to game the forex market and get foreign exchange gain? i bet he have changed all aac proceeds to myr, or all the while he has been using the proceeds to support myr? but if he thinks that myr worth 3.80, then that means he gonna change all the money back to usd? then mar no more special dividend?
They pushed up fm rm3.00+ in jan to rm4.00+ b4 annoucing the disposal of the aircrafts on 01 mac..then pushed up to the peak of rm4.50+ on the following day....and all the way down to rm2.30+ in Oct
Those chased n bought airasia on the special dividen news then are still suffering loss at this level
Don't regret. Mark my words. If you look back at my post last month I keep encouraging you all to buy at 2.5-2.6. Idiots said it will drop to 1.50. Now listen up Idiots, this stock will rise up to RM4 easily by end of this year.
AA is ultra cash rich and TF wants a pie of it. They didn't buy airport reit and being a substantial shareholder you will want your share of the disposal profits. Hence announcing dividends serves the substantial holders interest. We are just tagging along as side kick. This stock can continue buy at least u til 3.7 or 3.8
Seriously speaking, I have been tracking Tune Live Sdn Bhd's funding movement thru SSM search for quite some time after previous announcement it obtained loan to buy its additional 15% shares.
TF and DK obtained a loan of RM1.8 billion 2 years ago, which using RM1 billion to buy the additional private placement shares 15% (you can track back the announcement near end 2016 early 2017). This loan is secured by all of its 30% Airasia shares (15% + 15% or equivalent to total 1billion shares). Which I believed is about 50-60% shares margin.
December 2018 is the end of 2 years, it is likely the loan need to be repaid. So where is the money come from?
Assuming utilisation of RM1 billion only, during the period, after they bought the shares. There are 3 interim dividend of RM0.12 each time totalling RM0.36.
They received RM360m previously, so if want to repay the balance of RM700m, then it is required at least RM0.70. This is assuming, they dont want maximise they repayment of another balance RM0.8 billion.
In SIMPLE, they would need this special dividend to settle their loan.
Cindy people are like that, they talk bad about others. They have not been into this direction, they are only able to look intot others success. It take years of preservenc and sometimes sleepless night. How many of us start from the bottom. ..
If you not believe, if there is no special dividend, you see how the AirAsia share price will drop. It may drop below RM2.50 which i believe it is Margin Call price of TF and DK.
To be emotionless when win/lose, how many capable to do that? It takes years of training and not giving up, passion may be the drive. Treat this as a infinity cycle.
There must be special dividend, the question is when will it be announced? There is a definite answer, between 22 Nov to 28 Feb 2019. So just wait.
People says QR will be announced on 22 Nov, but normally Airasia announces nearer to the end, that is 29 or 30 Nov. Anyway, just wait.
Oil rebounds a little bit on talk. I believe next wednesday it will drop back after seeing inventory numbers. As I said, i expect price war among producers again pretty soon.
I think is Big shark spread rumor make you guys panic sell to collect more, Few months ago also said open file investigate corruption till now nothing happen.
There are no special dividend on Q3, all your informations are coming from bank analysts or newspaper. Not voicing from Tony Fernandez's mouth, Air Asia Group did mention the proceeds will be distributed as special dividend but not so soon . If I'm Tony, I will hold it and release in due time.
By the way, investment bank and some shark will thank you to you for chasing high.
Sooner or later...more likely sooner...special div will be paid. When AA has fallen almost 50% frm it's peak it makes sense to collect now rather then later.
some people are very xiao you know. when AA fell sharply last time, they sold the shares like no tomorrow coming. is crazy right having this kind of 'them' so called 'investors'? I personally terkejut with their investing knowledge and experience. haha
Zun VC my plan, hold til 29 and sell half before QR, unless technical shows strong reversal, guess the QR will be good with the sales of aircraft, but will never know how the shark wanna play the game, or how market elaborate the QR...
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newbie5354
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Posted by newbie5354 > 2018-11-16 21:41 | Report Abuse
Why cannot announce special dividend yet?
TYS_Capital tell me, which counter is better than AA now if you don't want to put in AA. go for FD then
16/11/2018 13:49