Sometimes must know how to cut loss if something not right.I agree since rm 1.90 already broken.That y I prefer to bought overly overbought stock in monthly chart and wait for its to recover.Its one if the strategy to earn big return.But made sure its still financially strong.Or else no point of talking big recovery.
In investment we should do more research work and do less blind shooting. For example, in basketball, maybe a player can shoot a 3 pointer, but its always better if he can get closer to the net. Its the same in every other games and investing.
@InvestWin Concerning AAX loss, I have queries but i usually cannot find time to attend the AGM and some more the venue is around KLIa area, so far away : 1) Why is it that after disposal of aircraft, AirAsia made so much money; but AAX suffered great loss ? 2) Is there some accounting gimmick where AAX is made to bear the bad disposals & AirAsia bear the good ones ? 3) With AirAsia making profit every year & gave good dividends; and AAX losing big money most years, no dividends since listing, Is AAX made the whipping boy every year by the parents ( like the step father who dislike the step son AAX born by the previous father) ? 4) Meaning, all bad loss in the AirAsia Group is transferred to AAX and made AirAsia looks good & gave handsome dividend but AAX to bleed to death ?
-------------------------------------- AAX is doing badly because they operate in the mid to long distance environment, which, due to strict & highly politicised regulations, is hard to scale up for them to be profitable, YET. The key to low cost air business, is all about turnaround time. AAX simply do not have the scale like AA does, FOR NOW. Think about it, their capacity is about 35% more than traditional full service carriers, yet charge only about 50-70% of the price of full service airline does. But the cost to fly is roughly about the same. So, each AAX plane will need to be in the air more/carry more passengers compared to a full service carrier.
The ideal scenario for AAX is for example, from KUL to TOKYO, then TOKYO to HK, then HK to KUL, and KUL back to TOKYO again. Unlike short haul flights, that flies back & forth, back & forth(example KUL-BANGKOK) in a day. You simply can't do that for long haul flights from the same cities, for one, there simply isn't that big of a market, secondly, the time constraint, it's hard to sell a flight that arrives/depart in odd hour(some airport have curfew too). So until AAX have that scale, it will be a rough ride.
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....
signalmw
3,314 posts
Posted by signalmw > 2019-08-25 11:21 | Report Abuse
No dividend ready...