Yeah newbie1111, the US markets closed lower yesterday due to many reasons, Apple cutting its forecast and the new Congress people who were sworn which are expected to make trumps life harder, plus to add wound to the salt, the US CHINA trade war is finally showing its effects where by its dampering global growth numbers.
and if you guys go back to my previous comments a guy named Jaya said my analysis was rubbish. Boy Jaya, you have a lot to learn. that is why I kept repeating here, many people promote something kaw kaw like a dog without looking at facts
Let me teach u guys a simple strategy to collect more AirAisa, go and buy put warrants on the index, make money, then use the profits to invest in AA if u believe in its long term.
no need to jump in too early freetospeak, market is bad now, AA can go lower, then only I would jump. I said it before, I am always better at timing things than the so called Sifu's like Wei Wong, radzi, jaya etc
KUALA LUMPUR (Jan 3): AirAsia Group Bhd group chief executive officer Tan Sri Tony Fernandes said today AirAsia X Bhd will have the best-ever year in 2019 after the long-haul, low-cost airline cut routes and costs, and increased aircraft utilisation.
"AirAsia X will have the best-ever year in 2019. The most undervalued airline. Have done all the hard work. Cut silly routes. Renegotiated leases. Increased utilisation. Cut cost," Fernandes said via Twitter.
At 12:30pm, AirAsia X shares were up 0.5 sen at 23.5 sen with 4.73 million units traded. AirAsia Group shares fell two sen to RM2.94 with 2.19 million units transacted
Thanks Salman for posting the obvious, but I've been following TF for some time and his been saying the same thing about AAX for the past few years olol
newinvestor17, what's your take on AAX if you don't mind me asking? If you're happy to respond but don't think this is the right place to do so, perhaps can reply at the AAX page? Thanks.
Jaya is akin to radzi, let me provide you guys a summary of Radzi comments in the AAX forum:
LET ME WARN THE NEWBIES, THERE WAS A GUY NAMED RADZI IN THE AAX FORUM WHO USED TO SCAM PEOPLE INTO BUYING THAT COUNTER AND THIS IS HOW HE USED TO TWIST STORIES TO JUSTIFY HIS BUY CALL.
these used to be his common statements/justifications/ excuses
1. When AAX price goes up, See guys, everyone believes in AAX thats why they are buying, place took off 2. When Tony, Kama buys, See guys, the management has confidence, thats why they are buying.
3. When AAX price drops, Something is brewing guys, the institutional players/sindikket is pushing prices down as they know that AAX is good and they want to collect it lower before pushing it higher 4. When an IB gives a lower TP for AAX than its currently traded price, Mr xxxxx, would say, Aiyoo, those people dont know how to value AAX. I have always never liked their valuation.
5. When crude oil price goes up, Mr xxxxx would say, dont be worried guys, AAX jet fuel is hedged 6. When crude oil decreases, Mr xxxxx would say that see guys, lower crude oil is better for AAX
7.When RM increases, see guys its good mah, AAX debt is in USD and RM has strengthen against USD so its good 8.When RM decreases, see guys, more people would fly with AAX especially foreigners ass the RM is cheap and its cheaper for them to come to Malaysia.
9.When AAX goes up by 0.005cents or 0.01cents, he would say, see guys AAX is flying, better tighten your seatbelts. 10. When AAX drops significantly from RM0.5Xsomething to RM0.36, Sifu would say, see guys i am averaging down, its a fundamentally strong counter, future is good, crude oil down, RM UP, Sindiket is pushing down because something is brewing etc
So guys, use this as a lesson and be wary of the scammers and dont fall prey)
Just look at the price of aax EVER SINCE RADZI WAS PROMOTING, IT WAS ON A DOWNWARD TREND AND IF YOU EVEN MANAGE TO MEET HIM, HE WOULD SAY, NO WORRIES GUYS, I AM STILL COLLECTING MORE
Not going to load anymore of AA now as im focusing on other fundamentally strong strong promising small caps that could do well in the next 2 to 3 years. Plus ive moved to playing with the index directly as a 300 point swing on the Dow Jones enables me to profit from their volatility,
Anyway, good luck to you bro Jaya. Wish you all the best and make your mom proud. Cheers buddy.
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TYS_Capital
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Posted by TYS_Capital > 2019-01-04 08:52 | Report Abuse
Don't know le, AA so far the most powerful earning stock in bursa this year. the dividend is almost at par with maybank. I keep