As long as u hv holding power nothing to worry...collect ur div n let d price adjust...given its fundamentals n more SD coming it's price will revert to 3+
they might unload it at 2.70 open time tomolow and only able to sell it at 2.50 when it already hit support and bonce bak...up to 2.70...might as well dun sell...lol
>freetospeak not every buyers will sell tomolow....coz when they r holding a huge amount..its difficult for them to unload n buy bak in time...
this comment i like...but sometime is really tricky to identify...especially who bought low on Oct29 onward...if you got first hand information on special dividend...then different story...tomorrow will tell the story
those group of ppl who hav bought at 2.50 n unload it 3.10 during the last run up will be the fast to jump in....becoz their hands are full of cash already...yami yami...anything below 2.70 they will grab...they jus worry not enuff shares to grab only..
>freetospeak i can tell u many ppl will sell at low n buy bak at high especially those idss ...lol
they learn from genting already...they will watch out one...especially this counter got EPF, they cant play big...if no EPF they dare dare go to push lower
especially AA with coming good qtr n coming dividend...many sellers will hav very strong intention to buy bak after dispose...somemore end of month rm1 billion plus dividend most prbably will be spent on buy bak by holders giving more support to the share
now got people to press down oil price...very nice to hold...no need go sell and buyback mah...if you average down then go buyback then nevermind...but when US president lose seat in 2020 then you need to consider already...hehe
Let see how on next year...i believe AA sold off lease asset have something to do with next year accounting standard MFRS16 Lease effective from 1jan2019
SINGAPORE (Dec 11): US private investment firm Castlelake LP has struck a deal to buy a portfolio of about 30 narrowbody planes from AirAsia Group Bhd for a total price of roughly US$800 million, people familiar with the transaction said.
The deal underscores the strong appetite of funds to invest in the global aircraft leasing sector, which is benefiting from growing demand on the back of a rise in low-cost carriers and passenger traffic.
For AirAsia, the deal marks another move to monetise its assets as Asia's biggest budget airline seeks to transform itself into an asset-light, digitally focused firm. The carrier is cashing in on a booming leasing sector after ordering hundreds of Airbus SE planes at bargain prices in recent years to become one of Airbus' biggest customers.
Castlelake, a global fund focused on alternative investments, has been stepping up its exposure to aviation assets. In June last year, it raised US$1 billion from investors including family offices, sovereign wealth funds, endowments and pension funds.
"Castlelake is growing at a fast pace and looking to buy aviation assets," said one of the people. "This is one of their biggest deals in Asia with one airline."
Castlelake clinched the deal from AirAsia after edging out US lessors, funds and leasing units of major Chinese banks in a tightly contested deal, said the people, who did not wish to be identified as they were not authorised to speak publicly about the transaction.
Castlelake and AirAsia are expected to close the deal in the next few weeks, the people said.
Castlelake and AirAsia declined comment.
Earlier this year, AirAsia agreed to sell part of its aircraft leasing portfolio in a staggered deal for US$1.2 billion to firms managed by BBAM Ltd, one of the world's largest aircraft portfolio managers. Castlelake is buying older aircraft which are under lease to AirAsia's affiliated airlines, the people said. AirAsia's leasing subsidiary, Asia Aviation Capital, manages AirAsia's planes.
"This is an upcoming sector for asset managers. They see an opportunity to buy older aircraft and sell them once the lease expires," said another person familiar with the transaction.
Castlelake was ranked as the 32nd biggest lessor with the value of its total fleet estimated at US$2.1 billion in consultancy FlightGlobal's ranking of top global lessors as of September 2018.
Chinese bank-owned leasing units and the likes of US listed AerCap Holdings NV and General Electric Co's GE Capital Aviation Services dominate the leasing industry, but the share of asset managers and funds is gradually rising.
i think tony ambition is to let all aa shareholder hav free share by distributing out the special dividend...in the end all shareholders will own the aa busniess free of charge...since the share price is under valued...tony is trying to release the value in his own way...
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 325 views | 1 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 499 views | 5 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....
shrobin
374 posts
Posted by shrobin > 2018-12-11 11:47 | Report Abuse
Just hold and enjoy the special dividend first! Business is still good!