It is great and excited to see that people are anticipating to buy in lower price. When large group of people are adopting such strategy, by " contrary thinking", high probability that Air Asia will fly soon. Leaving low probability or nil for them to buy in lower price.
I patiently wait which horse goes out from stable firstly. I also patiently wait which horse will follow afterwards to chase it. Of course i patiently wait which horse runs to the top of hill for me or others to sell.
CIMB nominees ( tempatan) Sdn Bhd holds in trust for Tony and Kamarrudin as direct beneficiaries of Air Asia shares ( 3 millions ++ unit share, source: Air Asia website)
This explains that analyst still analyst, a bureaucracy company lack of communications with their peers. Analyst earns monthly salary, their job is writing report.
bad QR but pay 90 sen just because want more peoples to buy and stay, after the 90sen dividend, sure will be 1.80 or just similar to the bank TP 1.70... I rather don't buy now, 2.88, alot owner sell now because their target get more than 30sen per share before the dividend pay off date 30 july! Imagine thet if they last time buy 10 share at 2.40 something, 3000+ already....and they get free cash flow
I read with surprised here that actually certain quarter of ppl refuse to invest in AA at current price becos they afraid to buy it to higher level and let those who bought earlier to cash out :). Investement is about valuation and own judgement and not about price. Share price is relative....Alphabet share price is at US$1700 but the PER is still below standard. There is very serious mis conception of others....sad...
By the way , again, we are retailers just talk cock. Retailers have no magic power to move up or down Air Asia price.
Only big players can push or drag it . Among big players , only super big player can do so. MONEY is king . Who is the MONEY KING institution in Malaysia ?
Agjl, lower foreign shareholdings maybe less risk, my view! And if they choose to come back again, it can drive up the share price very fast....we don't know when but I guess those that can hold is likely to have the advantage.....
SECRECY....totally agreed. Which one of us here buy or sell hardly can or near impossible to move the price. This is the platform to share in a sincere and honest. We dont promote or downgrade a stock here. If it is a gem, surely it will shine no matter what. Like i said everyone has their own view and will be well respected....
SHROBIN....agreed with you hald way abt foreign shareholdings. I guess in life everythg will have its pros and cons. In a robust market and global optimism prevails, foreign shareholding will be seen as good as when then come they come in drove.....
However, in a downgrading market, whwn they retreat they exit by all means without mercy....with program selling....
FLEXIBT......dont think the last half hour selling is from EPF. I wouls think its from last week of those who took a ride on the up wave of AA when SD was announced hoping to make a quick bucks. Today its force selling
FLEXBIT.....personally i dun think EPF will be selling at this point and i would think they will even add more when the price go lower. EPF had been buying since two mths ago day by days non stop. Like i mentioned before, they must have gotten the wins of the bumper dividend. They have close contacts with AA mgmt, no reason they were not giving tips on this.
If i were to be the mgmt of EPF, i wouldnt even sell even 1 share of AA at this moment. EPF is entrusted to invest our money and give a decent return to us. With the SD of over 30% yield, their job is already done for the year for some part of their investment. Of course some may argue after ex price will drop and they will suffer losses. But losses will only recorded when realised. The portfolio will only provide imparement when needed. Moreover we have no idea whatvwas their entry price. And also we cant tell if the price will actually drift lower forever after ex. Ans also we are not sure if they have been told by AA other major developmenta when are in the pipelines...these are just scenarios and i dun wan to be seen as speculating. To my knowledge, big funds always have the priviledge to be informed the insider news that us and kacang puteh.
Tony is in US trying to get some US funds support. Just 100m from them will be enough to send AA shooting for the moon. Looks like any action will have to be next week.
>Agjl If i were to be the mgmt of EPF, i wouldnt even sell even 1 share of AA at this moment. EPF is entrusted to invest our money and give a decent return to us. With the SD of over 30% yield, their job is already done for the year for some part of their investment. Of course some may argue after ex price will drop and they will suffer losses. But losses will only recorded when realised. The portfolio will only provide imparement when needed. Moreover we have no idea whatvwas their entry price. And also we cant tell if the price will actually drift lower forever after ex. Ans also we are not sure if they have been told by AA other major developmenta when are in the pipelines...these are just scenarios and i dun wan to be seen as speculating. To my knowledge, big funds always have the priviledge to be informed the insider news that us and kacang puteh.
EPF appear in annual report 2007with 93mil...assume they bought at 1.30-2.15larh...and buy buy disposed disposed...
@shrobin After ex i will have plenty of cash to wait for them to bash down....my only worry is that they don't bash down after ex....Assuming if it can be another 2015 re-run, with 90sen cash, i am ready for it....
Ans: Wow! AA crash back to 0.90? Hmm.. The chance is very unlikely. I did not say that AA won't crash back but chances are very very unlikely.
My prediction is that the share will rose higher than current price few days/weeks before Ex-date. Then after ex-date, readjust RM0.9-RM1.0. RM0.90? Have to pray hard for recession to come early
If you look back the last 5 years, there are only a few major pull backs...and if you are good at buying at these points, you are likely to make enough money by now...
If Raymond Yap has many followers, it might happened!
With 90sen dividend given out and share price bashed down, you can imagine what will happen....
EPF can't make money in all their portfolio cos some of it they have to support the govt policies. Now they are hoping to get enough from AA so that the can continue to pay you high dividends. Can safely expect EPF to keep buying more. For those who want to sell no need to worry no buyers, just sell la
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....
Shinnzaii
3,114 posts
Posted by Shinnzaii > 2019-06-04 11:15 | Report Abuse
if AA disclose CIMB IB holding % then more interesting...hehe...sell call but holding?hehe