With the recent shareholding increase of philipines politician on his stake , Looks like AA Phillpine IPO is right on track in the 2H19. AA will again extract cash from the IPO. Hopefully....we will enjoy again
SECRECY...there are many naysayers here....but when AA drop few cents . All ready to dive in and scoop up the shares....like the Cantonese saying...”mouth dun match the heart”...:)
i guess those naysayers didnt expect TF to announce such a heavy SD ...really caught them off guarded except EPF (hihihi) ...only can only see but cannot eat..(arm tiew leh)...hihihi
ELBRUTUS.....The SD caught the whole town by surprised. Especially CIMB Raymond . He professed and predicted AA cant get much from the disposal to Castle. In this report 2 months ago, RAYMOND even slashed AA dividend from his earlier 19 sen to 13 sen:). May be this piss Off Tony and die die announced 90 sen:). I think we are gladful for RAYMOND:))
I shall scold CIMB Raymond, his job is not done properly and seriously . If I'm the superior of him, I will press him harder to write badly and negatively about Air Asia.
He shall write more , everyday non stop and provide target price each day. Give more convincing reasons to influence reader to sell.
We just stay behind and watch the show, grab opportunity.
First he got the price wrong, AA never drift to 1.56 but drifted lower from 3 to 2.40z
2nd, he got the dividend wrong again
3rd, he called for SELL into strength (a change from straight SELL) , u can see he is changing his course a little. Now till 29.07.2019 i will see if this is gona be SELL INTO strength of BUY on weakness :) uou see analysts are so blessed. They are blesses with so many name to call. SELL ONTO STRENGTH AND BUY INTO WEAKNESS is just a fine line...:)
4th, i would be eager to see if his target price of selling down to 1.56 will materialised. If it does, them i will pen a note to him and say" good call RAYMOND. Well done!" :))
SECRECY...dun think i will spent in a lavish way ON RAYMOND at KLCC. Becos when he is right i m probably licking my wounds:) the most i will say” well done RAYMOND”!
And for it to drift to 1.56 before ex did i think its quite unlikely but not impossible. Not to drift close to 1.56 ex dividend will have higher chances however depends on how AA price perform right before ex
if AA drops below rm2 ...alot of ppl will be jumping on d wagon onwards all d big banks ...i for one will will cash out some savings n buy in ....but i guess only dreaming lah ...hahaha
After ex there are RM3 billion cash out there waiting....even just RM1 billion convert back to shares, it will be still too many:
At RM2.0, RM1 billion will mop up 500 mil shares! More than double what EPF is holding now.....
What about those new money looking to enter? It anybody guess on what will happen after ex....likely Raymond may not be right although he hope the bash down will happen...ha..ha...
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....
fitman
198 posts
Posted by fitman > 2019-06-06 11:15 | Report Abuse
look like no more below 2.90 tomorrow ?