Posted by Sneakpeek > 2020-03-07 19:41 | Report Abuse

https://www.google.com/amp/s/www.nst.com.my/node/572528/amp

Malindo with less China exposure already announced 50% pay cut.

Those still holding this share. U have my respect.

Posted by Zuliana > 2020-03-08 08:31 | Report Abuse

More to come.

Posted by i3lurker > 2020-03-08 10:24 | Report Abuse

she says dun worry, lagi banyak untung mari

more profits coming

Posted by Zuliana > Mar 8, 2020 8:31 AM | Report Abuse
More to come.

Posted by chiahs > 2020-03-08 10:28 | Report Abuse

domestic flight vs international flight -> which affected the most (AAX?)

Posted by i3lurker > 2020-03-08 10:32 | Report Abuse

now confirmed that the common flu deaths originated from US

the China 80,000 Wuhan common flu are all Type C only

only the US common flu has all types A, B, C, D and E

Taiwan common flu is only Type A and C, originated from US

Type A common flu is the grandfather virus before slight mutations and originated from the US

China Type C also originated from US

Posted by TrippleZ > 2020-03-08 10:38 | Report Abuse

"Now confirmed" is not a magic words to make people believe.

Posted by i3lurker > 2020-03-08 10:42 | Report Abuse

We all chose what to believe.

thousands of parents in Malaysia also refused to immunise their babies against polio too due their confirmed beliefs.

its also confirmed by Youtube videos that the earth is flat

Martians have landed
and Elvis Presley is alive and last seen in Chow Kit.

Posted by chamlo > 2020-03-08 11:20 | Report Abuse

Malindo staffs pay cut 50% bec bad business? AA no pay cut suffer more loss than Q4 2019?

Posted by ray1980 > 2020-03-08 12:02 | Report Abuse

Malaysia travel sectors 'Chamlo'(bad)...

Posted by jiunn > 2020-03-08 12:17 | Report Abuse

+++AA: HITS AIR-POCKET!!?

A stock that always inversely correlated to crude oil is AA. In January 2016, AA share price rose while crude oil prices dropped to lowest 26USD per barrel. This round, the drop in crude oil failed to give any boost to AA, and couple also with Covid-19 in which probably to send AA lower to test ever low in September 2015.

Buckle up!!! Hold tight for another beautiful PERFECT STORM!!!!



https://3.bp.blogspot.com/-I7d_v_Ls6bM/Vl5FyaYVdyI/AAAAAAAAniY/os7Coa1Av-0/s1600/Airasia%2Bw20151201.gif

Posted by Muhammad Jamaluddin > 2020-03-08 12:30 | Report Abuse

by the time pilot push the throttle and level up the flight.. then this will back to normal.. so waiting the AirAsia to hit lower safe fly zone..

Posted by geary > 2020-03-08 13:25 | Report Abuse

Next Quater...#Pros-Crude oil cost down...@>25%...Lease maitenance down...@25%...Leasing cost deferred...25%...Staff cost probably down...@12.5%...Right of used assets depreciation down...@7.5%...Teleport...Up...@5%...Airasia.com n Red Ventures...@Flat...#Cons...Sales n profit down...33%...BigPay down...5%...Assumption n Anticipation...So where are those people saying AA probably will lose 1.1B...Probably they don't know what business model AA is now doing...Probably they just sit and take salary employees...who never understand business numbers...only dead school accounting numbers they only know...!!!

Posted by mf > 2020-03-08 14:34 | Report Abuse

Coronavirus live updates: Italy locks down a quarter of its population

Posted by mf > 2020-03-08 16:44 | Report Abuse

Coronavirus live updates: Italy locks down a quarter of its population

Posted by bahai4453 > 2020-03-08 17:14 | Report Abuse

The backlash of covid-19 virus will be severe and AA may hit below historical low of 85 sens.

Posted by freddiehero > 2020-03-08 17:17 | Report Abuse

be ready for more lower..

Posted by freddiehero > 2020-03-08 17:18 | Report Abuse

red eagle enjoy dea blue sea deliciuos food...

Posted by SWT1988 > 2020-03-08 18:02 | Report Abuse

No point to buy AA since u can buy others better stock at super discount too.

Posted by Expertise > 2020-03-08 18:41 | Report Abuse

https://www.channelnewsasia.com/news/asia/south-korea-covid-19-cases-daegu-outbreak-mar-8-12515636

Posted by qmtronic > 2020-03-08 18:41 | Report Abuse

Who got lots of money can keep invest. The rest better invest at other counters for the next 3 months. We do not know what will happen to AA.

https://www.freemalaysiatoday.com/category/nation/2020/03/07/malindo-air-asks-staff-to-take-up-to-50-pay-cut-after-covid-19-hits-flights/

Posted by warrantKing > 2020-03-08 18:41 | Report Abuse

The company sold out the plane and declared super fruitful dividend.
With current situation , and most their cash was disbursed as dividend .... hermmmm again see you at xx sens.

Posted by Datuk Seri Rick Walker > 2020-03-08 19:28 | Report Abuse

Phew! Bought and sold Airasia for quick profit weeks ago! But this time, going to accumulate once bottom out! I mean, with cheap oil soon, we should see big fat profit in few months time! But then again, need to wait until oil dip to usd20!

Posted by JN88 > 2020-03-08 20:29 | Report Abuse

0.5 is the day...

Posted by freddiehero > 2020-03-08 20:37 | Report Abuse

wow.. thanks nice tp

Posted by Mabel > 2020-03-08 22:42 | Report Abuse

Meow..

Posted by stingray_ea > 2020-03-08 22:43 | Report Abuse

AA Gap down tomorrow....

============================================
Stock: [AIRASIA]: AIRASIA GROUP BHD
Feb 28, 2020 9:38 AM | Report Abuse

not far from below 1. wait N SEE

============================================

Posted by stingray_ea > 2020-03-09 06:10 | Report Abuse

US dow idx future gap down -600 point break below 25K.

Posted by Victor Yong > 2020-03-09 06:58 | Report Abuse

KUALA LUMPUR (March 8): The Ministry of Health (MoH) announced that there are six new confirmed positive cases of Covid-19 as of noon today, raising the total number of cases in the country to 99 from 93 yesterday.

Meanwhile, the MoH said in the statement that patient no. 41 has recovered and has been discharged from Hospital Kuala Lumpur. Currently, there are 24 cured cases in the country.

The six new detected cases that are announced today have close contact with patient 26th.

All the new detected cases have been sent to isolation wards for further treatment, while their close contacts are being identified for investigation, said the statement.

The MoH has conducted Covid-19 surveillance to detect sporadic cases and local infections in Malaysia on patients of influenza-like-illness (ILI) and severe acute respiratory infection (SARI) whose cases are not linked to prior travels to countries affected by the coronavirus outbreak or contact with positive Covid-19 cases.

Until today, 567 samples were tested and so far, none of them have tested positive for Covid-19. So far, there have been no sporadic Covid-19 infections detected through the ministry’s surveillance.

Posted by Victor Yong > 2020-03-09 07:00 | Report Abuse

MALAYSIA Malindo Air Employees Told To Take Unpaid Leave And 50% Salary CutPublished 21 hours agoon March 8, 2020By Alief Esmail
Malindo Air Employees Asked To Take Unpaid Leave And 50% Salary Cut - WORLD OF BUZZ 3Source: The Star

Malindo Air has ordered its staff to take two weeks of unpaid leave and also a 50 percent salary cut following the COVID-19 epidemic that has affected demand for the airline industry.

As reported by Berita Harian, in an internal memo sent yesterday (6 March), the company’s Chief Executive Officer, Captain Mushafiz Mustafa Bakri, explained that Malindo Air had to take several measures to address income shortages of the company.

Malindo Air Employees Asked To Take Unpaid Leave And 50% Salary Cut - WORLD OF BUZZ 1Source: The Star
Among the measures taken were suspending flights, appeal to vendors to delay payments and also asking the employees to take a salary cut. He said in the memo,

“With a heavy heart, without many more solid options, we now have no choice but to ask you to deduct up to 50 percent of your base salary for the next few months until things get back to normal.”

Malindo Air Employees Asked To Take Unpaid Leave And 50% Salary Cut - WORLD OF BUZZ 2Source: The Star
As part of the salary cut, employees are also asked to reduce their number of working days to 15 days a month. In these difficult times, we hope that all those who are affected by the outbreak be strong to go through it and hopefully, things will get better soon so that we can go back to doing business as usual.

Posted by Zuliana > 2020-03-09 07:26 | Report Abuse

More to come.

Posted by hendrycheah > 2020-03-09 07:35 | Report Abuse

With 30% drop of petrol price. It should be a good buy for AA but covid-19 is all over the world now.

Posted by i3lurker > 2020-03-09 07:38 | Report Abuse

AirAsia is now a high cost airline as fuel had been hedged previously at a high price.
So low cost fuel no effect.

Posted by Zuliana > 2020-03-09 07:52 | Report Abuse

I dengar di North Korea, pesakit Covid19 di tembak mati sebagai langkah mencegah , betul kah?

Posted by i3lurker > 2020-03-09 07:54 | Report Abuse

bukan kasi makan anjing lapar?

Posted by Zuliana > Mar 9, 2020 7:52 AM | Report Abuse
I dengar di North Korea, pesakit Covid19 di tembak mati sebagai langkah mencegah , betul kah?

Posted by msnX13 > 2020-03-09 08:10 | Report Abuse

Respect AA is still robust. Other locals and foreign airlines in the brink of collapsed. Local Malindo , later will be followed by Malaysia Airlines suffer maintaining their staff.

Posted by msnX13 > 2020-03-09 08:13 | Report Abuse

Indonesia is the only country has no impact on the china virus. Airlines operating as usual, border still opened to all foreign airlines.

Posted by ray1980 > 2020-03-09 08:17 | Report Abuse

Yup,if can't reduce monthly salary and benefits staff,burning money everyday.Who will pay cost? Government? Government very stupid...

Posted by ray1980 > 2020-03-09 08:19 | Report Abuse

If directly close company,all staff one sen salary can't collect also.Peoples want half or zero salary?

Posted by prince4 > 2020-03-09 08:38 | Report Abuse

Covid-19 and politician unstable make economy slown down fundamental company metamorphism ,expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold .
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
This is a opportunity markets money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

Posted by EatCoconutCanWin > 2020-03-09 08:39 | Report Abuse

coronavirus slow down? what this idiot talking about. Run....

Posted by i3lurker > 2020-03-09 08:43 | Report Abuse

AirAsia now worth only 0.005

Posted by ray1980 > 2020-03-09 09:02 | Report Abuse

US future drop 1000 points now...

Posted by Junichiro > 2020-03-09 09:13 | Report Abuse

Aramco drops below IPO price as Russia strikes at US shale oil producers.

Posted by Sky Soo > 2020-03-09 09:40 | Report Abuse

Zuliana I dengar di North Korea, pesakit Covid19 di tembak mati sebagai langkah mencegah , betul kah?
09/03/2020 7:52 AM
Its true because NK got no facilities and resources to treat Covid 19 cases.

Posted by strattegist > 2020-03-09 09:47 | Report Abuse

woooooot wooooooot...

Posted by mf > 2020-03-09 09:59 | Report Abuse

FBM KLCI 1,446.85 -36.25 2.44%

Posted by valuelurker > 2020-03-09 10:17 | Report Abuse

No satisfaction whatsoever in seeing bilis lose their pants

The coronavirus effects can only be seen in the next few quarters. And all the while fatman tony's block tethers on being margin-called

50ccc cumminggggg

Posted by Maximillioneddy > 2020-03-09 10:52 | Report Abuse

cut loss

Posted by mf > 2020-03-09 10:53 | Report Abuse

FBM KLCI 1,432.40 -50.70 3.42%

Posted by strattegist > 2020-03-09 10:56 | Report Abuse

lai lai li tamplong..