SEPANG, 10 April 2019 - AirAsia spreads its wings to the historical state of Melaka with new daily direct flights from Penang starting 1 July 2019.
The new flight will boost tourist arrivals to the city, helping to support the state government’s target to attract 20 million visitors in 2019.
AirAsia Malaysia CEO Riad Asmat said, “With its UNESCO world heritage listing and rich history, Melaka is one of the number one places to visit in Malaysia. This new route further strengthens our tourism footprint in Malaysia, providing more options for international visitors to travel between the states of Penang and Melaka.
“We look forward to continuing our work to explore even more new routes to Melaka from other parts of our Asean network.”
Origamiandair, i already know what would TF say during the press conference/meeting with the shareholders.
His famous Tag line would be this "We have been growing, we grew a lot along with our partners and our numbers speak...However (here comes his blamming part), i cant understand why IBs have always given us lower valuations. They dont understand this, they dont understand that etc
He would blame anyone and everyone except himself.
His another signature statement would be "This year would be the best"
CIMB target price for one qr lost profits is too much with TP downgrade to 1.50 even with the increase in crude oil prices . Besides, business for air Asia keep on track with more routes to expand to other countries like Vietnam . Upgrade TP have never exceeded 50 % , but downgrade TP is ridiculous exceeding 50%..
As much as I hate to say this, but I've been buying. Because I see value and it's cheap now. If it goes even lower around 2.3 - 2.4 ++ I'll sapu more to even back the amount I previously sold much higher. Why not?
CIMB IB executive summary released & downngraded AA just 1 week before EGM. Is it done it with some ultimate objective for the institutional investor or individual big investor. Nowadays, if your investment to make money is solely depend on IB analysis then you will never earn big money.
Not wise to trade with so much uncertainties ... IF ... one cannot withstand the risks. Investment is always risky. And it's always best to go mid or long with businesses that have solid fundamentals. And cash positive.
If fundamentals are solid, and tons of cash are available at disposal, ... And you are making so much noises, then this counter is not for you. There are lots of other goreng stocks that you can find in Bursa. Faster return and faster terjun also.
Been holding AA since 2016 and I've already gotten 12 + 12 + 12 + 40 + 12 cents of dividend so far. Sold off 2/3 recently after the bad Q1, but with profit (I bought lower).
Slowly buying back now. Slowly. Why kancheong. Take your time. Buy abit2 when you see sharp plunge.
I can wait since I'm already going long in the first place. No time to keep trading and monitor price.
Cimb downgrade everywhere , really funny bank . Actually cimb bank no worth above Rm 3.00 , Rm 2.50 is more fair , his system get hack , many people lost saving account money.
If you add up the last 10 years(2009 to 2018) of attributable profits to shareholders, it is averaging about 1.0 billion a year.
Take current share price, multiply by 3.342 billion share base and minus off the net cash of about 3.4 billion after the Castlelake deal ...then you can see what you are actually paying for the business against the average of the last 10 years...
It is crazy to set target price base on quarterly inputs....i guess analyst has to write something to show their work.....but for investors, it is better to look at long term averages....for traders, it is a different story......
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Posted by newinvestor17 > 2019-04-10 12:10 | Report Abuse
Airline Bobby, RM1.15 is too low bro, I definitely see AA going lower but not till RM1.15 unless there's another 2015 that happens