Salman....the number is my estimation....you go to Q4,2018 report to see the remaining borrowings and cash holding at end 2018....then you go to the latest circular to read on "the utilization of proceeds" on the Merah 25 aircrafts disposal....you can easily work out the net cash per share....
Let CIMB do the press down.....then buy at price you willing to pay....oil price up and down will be always there....take a long term average view to see the picture.....example for investing, if you think on the average AirAsia can still make a billion a year, and if you are paying 5 to 6 billion(net off cash) for a billion profit, is it reasonable return for you?....of course for trading then it is a different story...
Still remember when AA broke above RM3 last year, told some "Sifu" that AA would retrace lower and that Sifu said it was impossible for AA to trade below RM3 and said that I had an agenda behind me.
That same Sifu said that the only direction from then onwards was an uptrend, feel bad for that Sifu
newbie5353_ you got a lot to learn brother, you don't know EPFs true holding cost. They could have bought at 2.65 and let go at 2.59 as they were cancelling out another trade which was bought before at a price lower than 2.59.
So doesn't mean that just because on Bursa it states that EPF bought higher, then all must hold
Your logic is flawed
Waiting for Jaya (Abilakh) and Betkaukau aka freetospeak aka Wei Wong and their dupes to come out and run amok by saying these:
Today they would say that tomorrow the price would be up because of the following: 1. positive outlook 2. insiders buying 3.foreign funds buying 4. Add made up stories to make the company look good; For example Jaya started a rumour saying that the Q4 2018 results for AA would never be negative yet AA reported a loss, to lie more, he kept repeating that TF was declaring and additional Special Dividend of at least RM0.50 after declaring the previous SD of RM0.40, sadly TF didn't declare what Jaya tried marketing. Jaya tried to further sell his stories by saying that AA hedges 100% of its jet fuel cost which was again he was proven wrong: The point here is that the was trying to twist n spin stories to curate a story that portrayed AA as the best company in the world.
Then tomorrow comes, and whenever what he said above doesn't come true, he (Jaya and Betkaukau) would then say this: 1. No worries guys, this is a fundamentally strong counter guys 2. Its good guys 3. I am buying more 4. Buy buy buy guys 5. Attacks anyone who points out that Jaya n Betkaukau's valuations were flawed 6. Attacks people who know that AA is overvalued 7. Then he would pick once of the lowest prices of the stock in the chart (In AA's case, he choose 0.90 by saying that he bought towards the bottom n his not worried as his portfolio is green la, got dividend of RM100K la etc - But we all know, his a conman trying to fool others to buy into a counter for his own self gain) 8. (Inserts links of articles such as AA is flying to a new route, AA is going digital etc- trying to prop prices up even if its an old news)
and finally.............
9. Jaya would end his arguments by saying trust TF la.....
factorrumour, no sweat, Jaya and Betkaukau would come out and defend their stand by saying that anyone who downgraded AA is incompetent, then they would add TF quotes/tweets saying that this is going to be the best quarter - every quarter is also the best quarter.
Then they would add saying that their average cost in only RM1 and they are still green and r buying more. Would try adding fake news inside to further justify their buy calls for instance (Jaya kept saying that after the Special Dividend of RM0.40 was declared, TF was giving out another Special Dividend of R,0.50 but in reality it was a dividend of RM0,.12, thereafter when oil prices were shooting up, our fellow Jaya said that AA hedges 100% of its jet fuel in which once again he was wrong because AA never hedges 100%, then comes Betkaukau who would be retweeting all of TF tweets here in which he also repeatedly kept repeating that morning a few days before the Q results were out quoting TF saying that this was the best quarter and yet it ended up being a failed quarter. In addition, Betkaukau would say that TF has live data and if he tweets something his true, few days before the bad QR results, he said AA was in the best position and our bother Betkaukau repeated that and tried selling that point too. (Moral of the story, data is garbage, it is only valuable if you know how to use it to increase the firms efficiency and profitability which TF lacks in doing it. To further enhance his justifications, Betkaukau would come out and say that TF Big Pay, faintest and digital efforts would enhance AA- he would portray it as if it is going to prop AA prices higher immediately but he fails to realise that such efforts would only pay off as economies of scale is achieved.
Finally Jaya would end his arguments by saying, "Trust TF la"
These are the few of the many ways that the fanboy's here would twist stories.
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MQ Trader 224 views | 3 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
233 posts
Posted by shrobin > 2019-04-09 14:50 | Report Abuse
After the latest sale of the 25 aircrafts, AirAsia will be a net cash company of about RM1.00 per share.....first time in the history of AirAsia...