1oranje, if you hate the rich, how can you be rich? Most probably you misunderstood what Warren said.
Well, in Malaysia many complain Warren Buffett's tenets doesn't work, but that's because most people do not understand what he said (and why he said it). His wisdom is not only wide but also very deep. For example, he has been able to change the course of many companies which might not be a great company after all without his guidance. It is just sad in Malaysia our investment community doesn't have someone like the great Warren Buffett. Most companies did well for a few years, later lost their way and start cheating shareholders.
Say a bit more. Warren says don't just believe anything management said, you must look to past record whether management has kept their promise. One very clear example here is if you look into the records, TF always over promise and under deliver. From the first deadline for AAC, the sale at least delayed by two years, if he is an employee of any company, definitely he would have been fired a long long time ago.
So if you believe TF or Airasia meets any criteria of Warren Buffett's tenets, you are wrong. Now the luck is with Airasia, so we make some money lah. When the tide changes, cabut loh.
As expected, oil fell off the cliff, tomorrow will be another great day for Airasia.
For those who fear for Dow Jones drop, had to remind u, please look at ll Long term. For the past 5 years, AA revenue keep increasing, the problem of this company is it profit margin.. With oil price drop and us denominator debt settle mean profit margin increase, as revenue increase, profit increase. Mean dividend increase, this qr probaly will be bad, no matter, as long as the status quo remain, I will buy more as price drop. Get a lot of dividend and wait for the storm to ceased, hopefully after storm ceased I am able to goyang Kaki and had asset appreciation. Futher more , If AA drop some more , what do u expect PE OF AA BE? PE 1? Sounds to cheap to me.. Call me naive but I take my chances!
3.10 - 70 dividend = 2.40 with eps rm1...pe only 2.4...with yearly 20 send dividend this is dirt cheap...i hop it will go ex date at 2.40 and let me buy 2000 lot...
Hahahaha good luck for those who are still holding Airasia tight tight. By the way i am more interested in the transition of AA to a tech company. Is there anyone here using BigPay? How is it compared to Boost and Touch and Go? I tried download it but it annoys me when it require me to upload a pic of my IC. What can we use the BigPay card for?
Today the operator won't purposely push the share price lah since the announcement going to make in this week. Is purely depends on how retailer response. Retailer can sell off but the problem the next buy chance will miss it d once the clearance from global market come in.
This is short term market cool down only. Don't worry, tot everyday up 10cents meh. Be patience a bit, otherwise either you put your money in FD or you take your money go genting buy banker or player.
Introducing MY's First IPO Fund for Sophisticated Investors!
MQ Chat
New Update. Discover investment communities that resonate with your ideas
MQ Trader
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 450 views | 2 d ago
0:17
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!
MQ Trader 562 views | 6 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
astalavista
2,278 posts
Posted by astalavista > 2018-11-20 23:43 | Report Abuse
Holly cow..63++...tomorrow fly !!!!!!!