Posted by strattegist > 2020-03-12 09:54 | Report Abuse

puing puing puing...

Posted by strattegist > 2020-03-12 09:55 | Report Abuse

bang bang bang...

Posted by strattegist > 2020-03-12 09:55 | Report Abuse

gedebam gedebom...

Posted by Worldpeace > 2020-03-12 09:56 | Report Abuse

Probably...wait for next quarter results. Price will drop further before putting your hard earned money in it and pray the whole world can turn around in the next 6months.
Otherwise....it’s BIG time recession.

Posted by Worldpeace > 2020-03-12 09:58 | Report Abuse

There’s no good news anywhere left in the financial world.

Posted by sharonchok > 2020-03-12 10:08 | Report Abuse

so are we going to cut loss or keep it ?

Posted by KAQ4468 > 2020-03-12 10:09 | Report Abuse

ggoonggggg ggooonnggggg chhhennggggggg


waaaaaaaa

Posted by KAQ4468 > 2020-03-12 10:09 | Report Abuse

joget lambak tak berlagu

Posted by Sneakpeek > 2020-03-12 10:12 | Report Abuse

cut loss laa.. U never know how long this crisis will last.. if 2 years how many opportunities forgone

Posted by Victor Yong > 2020-03-12 10:13 | Report Abuse

PUTRAJAYA (March 11): The Ministry of Transport will prepare a note on the impact of COVID-19 for reference by other Ministries to formulate strategies to address the spread of the viral infection, said its Minister Datuk Seri Dr Wee Ka Siong.

He said the matter was decided in the first Cabinet meeting today.

“This is my first duty as the Transport Minister,” he told a news conference after reporting for duty at the Ministry today.

Wee said he had received a preliminary report stating high numbers of flight cancellations to Malaysia since the spread of COVID-19.

He said Malaysia Airlines had recorded 63 percent flight cancellations while AirAsia suffered 70 percent cancellations and Malindo Air saw 510 of its flights cancelled.

“The impact of the outbreak on the tourism sector is huge. Through the note provided, all parties can identify which tourism sub-sectors have recorded the highest cancellation to better understand the impact of the infection on the country's economy,” said Wee.

He said based on the prepared note, all Ministries would be working together to formulate a strategy to overcome the situation.

To date, Malaysia recorded 129 COVID-19 positive cases.

Meanwhile, Wee who arrived at the Ministry at around 1pm, said in carrying out his duties, he would listen to views and input from various parties, including all former Transport Ministers, civil servants and members of the public.

Posted by Zuliana > 2020-03-12 10:16 | Report Abuse

Akhirnya, b.ji T dah dilelong sekarang. Turun harga. Lol

Posted by Zuliana > 2020-03-12 10:33 | Report Abuse

Many interested in AA but afraid to buy. Omg

Posted by strattegist > 2020-03-12 10:33 | Report Abuse

puing puing puing...

Posted by limiklimik > 2020-03-12 10:43 | Report Abuse

@Zuliana me too, I am interested but seriously not sure what is the entry price. I think ppl have that dilemma

Posted by xoxo88 > 2020-03-12 10:45 | Report Abuse

why buy this when you should buy gloves/healthcare stocks for now. WHO just declared as pandemic. Anyone planning to travel please slap yourself. You want to die alone go ahead but dont bring back those viruses just because you are too poor to travel during normal times and choose to go now. zzz

Posted by CrazyZomby > 2020-03-12 10:50 | Report Abuse

Interested to buy doesn't mean to buy at the wrong time, make your own judgement, don't listen to others, there is no Saint in share-market, all people have their own agenda and their comment/advise is not for your best interest but theirs.

Posted by freddiehero > 2020-03-12 10:50 | Report Abuse

airport should also shutdown emedialy..

Posted by freddiehero > 2020-03-12 10:50 | Report Abuse

u need too clean all the place..

Posted by freddiehero > 2020-03-12 10:50 | Report Abuse

tis is ur resposible too

Posted by CrazyZomby > 2020-03-12 10:51 | Report Abuse

@xoxo88, you should post this to AA FB page to those RM499 unlimited travel passholder. those are the group of people. haha

Posted by CUTLOSS > 2020-03-12 10:56 | Report Abuse

Agree. $ saved from not flying better use to buy property for example.

Posted by Sneakpeek > Mar 12, 2020 10:12 AM | Report Abuse
cut loss laa.. U never know how long this crisis will last.. if 2 years how many opportunities forgone

Posted by mf > 2020-03-12 11:11 | Report Abuse

Coronavirus live updates: Dow futures drop 1,000 points, Trump suspends travel from Europe

Posted by xoxo88 > 2020-03-12 11:13 | Report Abuse

@crazyzomby haha even here people applaud this initiative from AA. If they are not careful and have even 1 case in 1 of their flights then thats it for AA for 1 to 2Quarters. I even see friends posting travel photos now bragging at how cheap their flights were

Posted by tkl88 > 2020-03-12 11:29 | Report Abuse

Walaoeh, Airasia now traded at 0.915 (-0.055) (-5.7%)
What happend actually ?
My goodness, It even hit the record lowest price of 0.905 (-0.065) (-6.7%) this morning !

Posted by tkl88 > 2020-03-12 11:35 | Report Abuse

Airport turbulence
https://www.thestar.com.my/business/2020/03/12/airport-turbulence
Thursday, 12 Mar 2020 By ZUNAIRA SAIEED

PETALING JAYA: Tourist traffic in February plunged with the outbreak of the Covid-19 disease as passenger travel for Malaysia saw a big fall with KLIA seeing a 24.2% decline.
The situation was worse at other airports in Malaysia operated by MALAYSIA AIRPORTS HOLDINGS BHD (MAHB), with flights within the country seeing a near 50% collapse in passenger movement.
However, the situation was not as bad for aircraft movement as airlines only experienced a minor drop but when factored in the huge decline in passenger traffic, their load factors were shaved off tremendously.
MAHB announced yesterday that its passenger movements in Malaysia fell by 23.4% in February 2020 to 6.2 million passengers from 8.1 million passengers last year due to airlines’ temporary flight suspensions, flight cancellations and travel restrictions imposed by certain countries.
Airlines operating from KLIA for both international and domestic flights saw a 2.8% decline in movement while aircraft movement from other airports in Malaysia increased by 2.7% in February 2020.
For MAHB’s full financial year ending Dec 31,2020 (FY20), analysts expected a more than 2% drop in passenger traffic in its operations as the spread of Covid-19 exceeds expectations.
RHB Research analyst Alan Lim believes a 2% drop in passenger traffic for MAHB’s network of airports is likely for FY20, dragged by the expectation of a double-digit year-on-year (y-o-y) drop in the first quarter this year.
In addition, he also anticipates a single digit y-o-y drop in the second quarter this year.
“We expect Covid-19 to negatively affect MAHB. Concerns over the likelihood of infection means that the global demand for travel has declined significantly.
“We have reduced passenger movement assumptions to negative 2% compared with previously a 1% growth for MAHB’s network of airports, both Malaysia and Turkey operations, ” Lim said.
Although the lingering economic effects could be felt in the third quarter of this year, MIDF Research analyst Adam Mohamed Rahim said the fall in passenger traffic at MAHB’s airports in Malaysia could widen by more than a 2.5% y-o-y drop for FY20.
Meanwhile, he pointed out that the surge in cases around Europe could also have an adverse impact on passenger traffic at MAHB’s wholly-owned Istanbul Sabiha Gokcen Airport (SGIA) in Turkey SGIA which has a 73% market share in traffic to Europe from Turkey.
MAHB said passenger traffic at Istanbul SGIA grew by 4.9% in February to 2.6 million passengers from 2.5 million a year ago. On the other hand, MIDF Research believes there will be a bigger impact on Asean tourism compared to the Severe Acute Respiratory Syndrome (SARS) outbreak in 2003.
China’s visitor arrivals to the Asean region dropped by 15.6% y-o-y in 2003 due to the SARS outbreak before staging a 32.9% recovery in the following year. Moving forward, MIDF Research noted that the downward pressure for the tourism and aviation sectors of countries such as Malaysia will be amplified due to the rising number of Covid-19 cases in Japan, South Korea, Germany and France.
“The reason being is that the proportion of tourists arrivals from China, Japan, South Korea and Europe breached the 30% mark in 2017 and 2018 after remaining in the range of 20-29% from 2003 to 2016, ” it said.

Posted by tkl88 > 2020-03-12 11:37 | Report Abuse

More than 20% of international passengers flying to and from KLIA’s main terminal comprise passengers from Japan, South Korea and China.
To combat the Covid-19 outbreak, Lim said key measures such as discounts on landing, parking fees for certain flights operated by foreign airlines into KLIA would cushion the adverse impact of the outbreak on airlines, leading to win-win situation for both MAHB and airlines in the long run.
Last month, the Malaysian government announced a stimulus package that saw rebates on rental of premises and landing and parking fees for aircraft by MAHB.
However, RHB Research expects short-term uncertainties to remain as details of the rebates have not yet been announced.
“In view of the change in government, we expect MAHB to discuss with the new Government the Regulatory Asset Base (RAB) framework and details of the rebate under the stimulus programme, ” it said.

Posted by valuelurker > 2020-03-12 11:40 | Report Abuse

Fatman tony and kama bought the 559 mil shares at RM1.80

After special dividends that price is adjusted to RM0.90

90c is the final stand...then all shall perish

Posted by Victor Yong > 2020-03-12 11:52 | Report Abuse

More turbulence: A file picture showing flight crew from Cathay Pacific wearing protective masks. The Hong Kong flag carrier’s net income fell to HK$1.69bil (US$216mil) in 2019 from HK$2.35bil the previous year. — AFP

NEW DELHI: Cathay Pacific Airways Ltd said profit tumbled 28% in 2019 as anti-government protests in Hong Kong hurt travel demand in the second half of the year.

Net income fell to HK$1.69bil in 2019 from HK$2.35bil the previous year, Hong Kong’s flag carrier said in a statement.

That compares with the profit of HK$1.59bil expected based on the average estimate of six analysts tracked by Bloomberg.

It forecast a “substantial loss” for the first half of 2020.

The airline has slashed capacity to mainland China by 90% and reduced its entire international network by about 40% because of the coronavirus, which has infected nearly 120,000 people and killed more than 4,200 worldwide.

Cathay, which is particularly exposed to the virus because close to half of its revenue comes from Hong Kong and mainland China, also asked employees to take unpaid leave as it tries to weather the latest crisis.

Cathay’s shares rose 1.9% before the midday trading break and results announcement in Hong Kong.

Airlines globally have been hit hard by the coronavirus outbreak, with the International Air Transport Association saying it could cost the industry as much as US$113bil in lost revenue this year.

Flybe collapsed last week as the epidemic ended prospects for a UK state-backed rescue, while carriers from United Airlines Holdings Inc and Singapore Airlines Ltd to Deutsche Lufthansa AG and Qantas Airways Ltd are slashing flights.

“Mainland visitors have all but dried up, while other travellers have also diminished significantly, ” Bloomberg Intelligence analysts James Teo and Chris Muckensturm wrote in a note last month.

“More flight cuts could therefore be a necessity and just a matter of time in our view, as the epidemic drags on.”

Cathay warned about its results even before the virus struck. Protests in Hong Kong, which intensified through the second half of last year, put a huge dent in visitor numbers and pushed the local economy into recession.

“They had a great first half last year and then all of a sudden with the protests the second half was really dismal, ” Sobie Aviation analyst and consultant Brendan Sobie said in a Bloomberg Television interview yesterday.

“It’s just gone from bad to worse for Cathay Pacific and they’re in a very challenging position. It’s going to be pretty bad for most of this year probably and will take a while for the Hong Kong market and global market to recover, ” Sobie said.

Cathay has to contend with the dual challenge of the coronavirus and protests in Hong Kong, which have calmed but are expected to flare again as the year progresses.

It is under pressure from mainland rivals expanding long-haul capacity and diminishing Hong Kong’s status as the gateway to China, Teo and Muckensturm said. — Bloomberg

Posted by tomwah > 2020-03-12 11:57 | Report Abuse

the strong covid19 impact airasia (every one can fly) now change( No one dont to fly )

Posted by tomwah > 2020-03-12 11:59 | Report Abuse

stucked again

Posted by davidlai63 > 2020-03-12 12:06 | Report Abuse

die standing... kanasai lah... when I got in stuck and goes up dont know how to leave.... shit...

Posted by shpg22 > 2020-03-12 12:09 | Report Abuse

Run...this is global pandemic rival that of Armageddon.

Posted by strattegist > 2020-03-12 12:11 | Report Abuse

gedebam gedebom...

Posted by alvin5588 > 2020-03-12 12:24 | Report Abuse

on the way to 0.50 - 0.60 cents...

Posted by geary > 2020-03-12 12:39 | Report Abuse

Ya...Added...!!!

Posted by geary > 2020-03-12 12:43 | Report Abuse

https://www.channelnewsasia.com/news/asia/coronavirus-china-hubei-wuhan-new-covid-19-cases-12529312

Posted by geary > 2020-03-12 12:48 | Report Abuse

Fear is more than...@95%...Greed is 5%...But my Greed is...@95%...!!!...That's Be Greedy when others are Fearful...But how many percentage in the crowd dare to execute...Talk very easy...When come to execution...@95%... 'Lari Kuat kuat'...Be more sarcastic 'Cocker Singing here n there abound'...!!!

Posted by Jeffreyteck > 2020-03-12 12:50 | Report Abuse

Malaysia Airlines staff told to take unpaid leave as Covid-19 outbreak strains financials.

Posted by SinGor > 2020-03-12 12:56 | Report Abuse

nothing will turn-around this AA next 9 months----hanging like salted fish

Posted by Victor Yong > 2020-03-12 12:58 | Report Abuse

Lower earnings: A file picture showing a mask-clad Cathay Pacific employee at the international airport in Hong Kong. Cathay has warned results in the first six months of this year will be “significantly down” from a year earlier. — AFP

JAKARTA: Governments should roll back or refrain from using travel restrictions as the cOVID-19 coronavirus is mainly being spread through local transmission rather than imported cases, a trade group of Asian airlines said.

"Given that the Covid-19 outbreak is now progressing across the globe, it is time for a fundamental rethink on travel restrictions, ” the Association of Asia Pacific Airlines said in a statement, shortly before U.S. President Donald Trump announced a 30-day suspension of travel from continental Europe to the U.S.

The World Health Organization has now declared the outbreak a pandemic, with cases worldwide rising beyond 123,000 and deaths exceeding 4,500. The virus has spread rapidly in Europe, where fatalities in Italy alone jumped 31% in a day to 827 on Wednesday.

The airline industry has been plunged deep into crisis as travel demand dries up and countries tighten borders. The International Air Transport Association said airlines globally could lose as much as $113 billion in passenger revenue this year. That bleak forecast came before Trump imposed restrictions on the lucrative transatlantic routes. Nearly half a million flights have been canceled this year for China alone, according to travel data company Cirium.

A Bloomberg index of Asia-Pacific airlines including the likes of Cathay Pacific Airways Ltd., Singapore Airlines Ltd. and Air China Ltd. has tumbled 22% this year to its lowest since 2014 as the virus batters the market. Qantas Airways Ltd., which is cutting almost a quarter of its international services for six months, is the worst performer on the gauge this year with a 49% slump.

"The proliferation of travel restrictions worldwide, and insufficient adherence to the IHR (International Health Regulations) are imposing enormous costs on society with little or no public health benefits, ” AAPA’s Director General Andrew Herdman said in the statement.

More than 90 countries have imposed travel restrictions, but only 45 states have informed the WHO of the measures and provided public health rationale, AAPA said, citing a WHO report from March 10.

AAPA said the airline industry has been strictly adhering to WHO and IATA guidelines on hygiene, including for cleaning aircraft and lounges, and that it isn’t aware of any infections attributed to inflight transmission.

Governments should "fundamentally reconsider the rationale for such travel restrictions and measures, taking into account the disruption caused to people’s livelihoods and the negative repercussions to the wider economy, ” Herdman said. - Bloomberg.

Posted by jgb349000 > 2020-03-12 13:00 | Report Abuse

Paktua sudah hilang ka?sudah lama tak dengar lagu.

Posted by geary > 2020-03-12 13:08 | Report Abuse

US n EU they are to be blamed...Disgusting attitude towards Chinese when the virus first appeared...Now they got the virus...N still said from Wuhan Virus...take so many things for granted...Now they pay the cost lah...n probably they die easily because most white men got unhealth lifestyle...n never trust TCM...n most western medicine have lot of side effects...So the more the take their organs all start the worsen n weak...So whenhit by this virus...immune system cannot fight the virus...Influenza A n B also they die...then this how...!!!

Posted by geary > 2020-03-12 13:17 | Report Abuse

Mr. Market irrationality is fast n furious...Mr. Market rationality is slow n steady...Sitting...N Boring...But in between there are volatility to handle accordingly...!!!

Posted by Trollshooter > 2020-03-12 13:20 | Report Abuse

...... another internet troll, no doubt the stigmatisation from US and EU is unethical and wrong, but the same goes to your comment with racism..... one more interesting point is, you think TCM can cure Covid? if so why China CDC and research institute does not tell the people? What an Ignorance mind, have no basic understanding of modern medical knowledge, and comment like an expert.

Posted by Trollshooter > 2020-03-12 13:22 | Report Abuse

you have no different from Trump that troll. https://edition.cnn.com/2020/03/11/politics/donald-trump-coronavirus-oval-office-speech/index.html

Posted by geary > 2020-03-12 13:31 | Report Abuse

Ha...There are combined or cocktail of Drugs...No specific drug can cure...Only strengthen our immune system to fight...Those who have poor health will be in ICU...N mind you those expert drugs manufacturer nowadays only think of profit only n high pay check...Where got think of saving life...Probably Bill n Melinda Foundation are helping...!!!

Posted by geary > 2020-03-12 13:33 | Report Abuse

We shall see who has the last laugh in a year time...AA...Then mind my words...Bargain not dare to buy...@2.00 then only chase...TQ.

Posted by EatCoconutCanWin > 2020-03-12 13:36 | Report Abuse

Tut tut... GG.com

Posted by Zuliana > 2020-03-12 13:39 | Report Abuse

Trump takut less voters will vote for him. So Trump ordered restrictions for inbound Europeans to US yesterday. Lol

Posted by Trollshooter > 2020-03-12 13:41 | Report Abuse

THATS NO CURE FOR VIRUS, YOU MORON, LOL. That's why they working to develop vaccines. Indeed it's true for those who have a better immune system will have a lesser risk for fatality, however, how does that relate to your comment of TCM and Modern Medicine? Indeed TCM works well in improving health, however DID YOU OR ANYONE YOU KNOW TAKE TCM ON DAILY BASIS??? and if are so against modern medicine, you're telling me you have never taken one??? No vaccines shots before??? Be responsible for your comment, just because this is the Internet doesn't mean you can be UNETHICAL AND RACISM.