Tony tweets this morning but it seems not really good results as he mentioned exceptionally high fuel and weak currencies......anyway let’s hope for the best
Board and results today. Results show character. With exceptionally high fuel and weak currencies. Also with 2019 in view we added a record 21 percent of capacity which obviously diluted yield but was the right long term strategy.
Also we were really hurt by closure of boracay in the phillipines and numerous national disasters in Indonesia which led to huge losses.
The stars Appear to be lining up. Asean airlines will all make money this year. India and japan reduce losses. Cash strong . Oil is 54 percent hedged and stable. Currencies stronger .
Made all the right moves in 2018 cutting cost adding capacity taking market share. and Setting up new One airasia busienss like Red Logistics which is going to be huge.
seems like it but you would never know, what if this morning everybody throw the shares then later he annouce SD hahahahaha . So shark collecting when retailers throw.......anyway let’s see the movement of shares this morning, interesting
Just checked Tony F.'s twitter, read his statement about the oil hedge, I did keep repeating last time that AA only hedge a maximum of around 50% of their Jet Fuel but some sifu was bombarding me for saying that and that so called sifu said that AirAsia hedges 100% of their fuel cost.
Waiting for that Sifu to come out and justify his statements.
Anyway, good luck to AA holders and hope you guys make money.
1. you clearly are a newbie in this space because clearly judging from your points you talk, you are an incompetent newbie investor/trader who has tons of fallacy claws
2. you have never attended AGM of AA and AAX because if you did attend, you would realise what I said above is what he always stress
3. You are not an institutional investor because if you are, you would have had your teams management visits to AA and if you met him, he would been repeating that
so clearly betkaukau, if you can't talk with sense, just learn to be silent and don't prove your stupidity
I'm surprised that still can get some cheap lots today since Q report going to unveils today, I think the institution trying to trap people to sell lower.
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Posted by DickyMe > 2019-02-26 20:36 | Report Abuse
@ksham http://www.bursamalaysia.com/market/securities/education/faqs-on-structured-warrants/