Posted by DreamKentut > 2020-04-02 12:52 | Report Abuse

"
apple168 Read through Airasia financial report, Airasia has very poor cash flow to withstand COVID crisis!
02/04/2020 12:41 PM"

Can you explain what is AA's role to "withstand COVID crisis"?

Are they spending any funds to fight the crisis?
Are they spending funds for continous operation during this lockdown?

Posted by KAQ4468 > 2020-04-02 12:56 | Report Abuse

oiiii ..... bahaya oiiii menatang ni

Posted by KAQ4468 > 2020-04-02 12:57 | Report Abuse

this month short selling tarak ...save a bit

next month careful ...tinggal tulang woooo

Posted by malaysiakuku > 2020-04-02 13:30 | Report Abuse

airasia, kipi up!!!....wi be lip u...

Posted by Zuliana > 2020-04-02 17:01 | Report Abuse

T & K boleh buyback AA syer guna fat dividend yang telah diberilah.

Why T&K don't buyback AA syer?
No confidence kah?

Tak guna punya T&K.

Posted by KAQ4468 > 2020-04-02 17:23 | Report Abuse

Tony yet to buy back

Posted by KAQ4468 > 2020-04-02 17:24 | Report Abuse

Faham faham aje la

Posted by KAQ4468 > 2020-04-02 17:24 | Report Abuse

Dia pun tau billion billion loss are coming

Posted by freddiehero > 2020-04-02 18:02 | Report Abuse

yes.. loss.. but boss said his cash also alot..

Posted by apple168 > 2020-04-02 18:25 | Report Abuse

News coming out that AirAsia having financial troubles!

Posted by JN88 > 2020-04-02 18:28 | Report Abuse

Finacial trouble also can up 2%, niama if no financial trouble them rm 4 lo..

Posted by DreamKentut > 2020-04-02 18:32 | Report Abuse

https://www.bloomberg.com/news/videos/2020-04-02/airasia-remains-optimistic-amid-tough-environment-group-ceo-video

Posted by DreamKentut > 2020-04-02 18:35 | Report Abuse

2.2 B in cash..Tony = "Don't need loan but it would help.."

Posted by Trouble Huat > 2020-04-02 18:36 | Report Abuse

Posted by DreamKentut > Apr 2, 2020 6:35 PM | Report Abuse

2.2 B in cash..Tony = "Don't need loan but it would help.."

very sure you only know how to read cash at current asset, when what in current liabilities you choose to ignore haha

Posted by DreamKentut > 2020-04-02 18:53 | Report Abuse

LOL, your mind is trapped in numbers. Obviously you cannot see the qualitative element.

At this rate you will be only a average joe. Good luck in your investments.

Posted by newbie1111 > 2020-04-02 18:56 | Report Abuse

2.2 billion enough to pay for how many months of salary, lease, oil hedge and other fixed costs?

what if MCO extend 1 or two months and people still scare of flying for several months after MCO lifted?

Posted by DreamKentut > 2020-04-02 18:59 | Report Abuse

let you do the math..not interested in petty debate.

Posted by Investor48 > 2020-04-02 21:01 | Report Abuse

My approved refund claim still not yet paid after more than a month..
Got cashflow problem..??

Hehe...

Posted by salman > 2020-04-02 22:14 | Report Abuse

KUALA LUMPUR (April 2): AirAsia Group Bhd chief executive officer Tan Sri Tony Fernandes said he is currently in discussion with the government to obtain a loan for the budget airline as a means to further support its current cash position amid a tough operating environment.
AirAsia’s net cash position stood at RM2.2 billion as of end-2019. The group recently grounded operations for a month amid the movement control order imposed from March 18 to April 14.

Posted by mf > 2020-04-02 22:17 |

Post removed.Why?

Posted by probability > 2020-04-02 22:19 | Report Abuse

Sources: Emirates May Restart a Limited Number of Flights in Less Than a Week

https://www.paddleyourownkanoo.com/2020/04/01/sources-emirates-may-restart-a-limited-number-of-flights-in-less-than-a-week/

The UAE has indicated that it may start allowing foreigners back into the country if countries put in place screening processes including thermal scanning and possibly even on the spot COVID-19 testing. Emirates had implemented a similar system at its Dubai hub, including mandatory testing for cabin crew, before grounding its fleet.

Posted by salman > 2020-04-02 22:21 | Report Abuse

However, he remains optimistic as the company reopens for sales at the end of the month.
In an interview with Bloomberg TV earlier, Fernandes said the group has enough cash to last the company for a while and disagreed with the suggestion that it needed to be bailed out.
“We don’t need a bail out. Obviously, many airlines are looking at loans. We think the cash can last us for the most part of this year and if sales return, then we’re okay. But it’d be great to get a loan as well and we’re working on that with the government,” he said.

Posted by icepumpkin > 2020-04-03 01:03 | Report Abuse

TF confident oh.

Posted by Zuliana > 2020-04-03 01:11 | Report Abuse

T confidence. My foot to T.

Posted by apple168 > 2020-04-03 05:57 | Report Abuse

RIP

Posted by apple168 > 2020-04-03 06:23 | Report Abuse

https://www.sinchew.com.my/content/content_2246267.html

Posted by RedEagle > 2020-04-03 07:17 | Report Abuse

gap up kaunter???

-carimin
-alam
-velesto
-hibiscus
-sapnrg
-dayang
-perdana
-hengyuan
-petronm
-perdana

Posted by SCK82 > 2020-04-03 09:07 | Report Abuse

TF is mouth management, He is brilliant, really cannot imagine no sales for 1 month, and most likely very very low sales following months. The stock still can UP. He is a legend of Mouth Management. If TP give talk show or online course , the income may higher than AA revenue for upcoming months.

Posted by yewe83 > 2020-04-03 09:44 | Report Abuse

who dare to play AA now ?

Posted by JK22 > 2020-04-03 10:17 | Report Abuse

I READ MANY BAD AND ANGRY COMMENTS BECAUSE AA PRICE GOING UP WHY ? THEY ARE WAITING TO FISH LOW ? WHY STILL WANT TO FISH LOW , IF YOU HAVE SO MUCH NEGATIVE VIEW ON AA?

Posted by trader9918 > 2020-04-03 10:38 | Report Abuse

naik lagi..bila mahun turun 40sen...

Posted by trader9918 > 2020-04-03 10:40 | Report Abuse

the more negative calls from IB, the more price goup..

Posted by Expertise > 2020-04-03 10:41 | Report Abuse

Aa Suda kena kaw kaw .....apa mau takut lagi

Posted by salman > 2020-04-03 10:43 | Report Abuse

trader9918 tahun 2050 turun 40sen

Posted by Kelsey517 > 2020-04-03 10:45 | Report Abuse

shark or bear?

Posted by 5354_ > 2020-04-03 10:45 | Report Abuse

RM 2.2 billion cash why need govt loan?

Posted by 5354_ > 2020-04-03 10:46 | Report Abuse

AirAsia seeking govt loan
https://www.thestar.com.my/business/business-news/2020/04/03/airasia-seeking-govt-loan

Posted by valuelurker > 2020-04-03 11:06 | Report Abuse

A MOMENT OF SILENCE FOR OUR BUTTHURT FRIENDS TROLOLOLOLO

Posted by Jeffreyteck > 2020-04-03 12:15 | Report Abuse

It is very unlikely that gov will provide loans (in particular if it is a low interest loans) as that may convey a bias message to other businesses. That is always a better alternative.

Posted by paktua73 > 2020-04-03 12:15 | Report Abuse

paktua troops dare to play here maa..
we already buy in when rank 0.75-0.79



tut tut
love be back..
previous was say only come back when covid 19 settle but due king player(TF n KM is back) is come back in table..so game is on..

Posted by apple168 > 2020-04-03 13:25 | Report Abuse

Do you know how much airasia needs to pay for staff salary, admins expenses, distribution cost etc? It costs more than the cash reserve!

Posted by salman > 2020-04-03 13:27 | Report Abuse

going to rm2.00 soon

Posted by moneypedia > 2020-04-03 13:33 | Report Abuse

ermm can play2 but dumb b4 qr laaa if covid cntinue till few months

Posted by DreamKentut > 2020-04-03 13:39 | Report Abuse

"Posted by ov123 > Apr 3, 2020 1:17 PM | Report Abuse
They stripped out the profits in the form of huge dividends and now they want the taxpayers to bail them out. Disgraceful."

Oh really?

Why aren't you spewing your venom on bailouts in GLCs which seemd to be quite rampant.

TF did not ask for loan but will not reject any loan offer..What does that mean?

You have comprehension problem or simply RACIST and JEALOUS of AA success in creating a brand?

Posted by DreamKentut > 2020-04-03 13:41 | Report Abuse

"
JK22 I READ MANY BAD AND ANGRY COMMENTS BECAUSE AA PRICE GOING UP WHY ? THEY ARE WAITING TO FISH LOW ? WHY STILL WANT TO FISH LOW , IF YOU HAVE SO MUCH NEGATIVE VIEW ON AA?
03/04/2020 10:17 AM"

They want to take over AA thrrough backdoor but their plans are not very successful.
That is why they are angry.

They ignore the shitty GLCs companies which are dependent on bailout year after year.

Posted by Bobii > 2020-04-03 14:06 | Report Abuse

wow paktua is back
fak off please

Posted by apple168 > 2020-04-03 14:12 | Report Abuse

https://www.theedgemarkets.com/article/malaysia-airline-industry-could-lose-us332b-revenue-due-covid19-crisis-iata-says

Posted by waikee > 2020-04-03 15:10 | Report Abuse

don't know government borrow money or not ?

Posted by malaysiakuku > 2020-04-03 15:26 | Report Abuse

wow, naik lagi? tak sangka 0.83.....lepas ini pasti naik pula 0.90.....memang batu delima betul airasia ini...

Posted by sathishfiles > 2020-04-03 15:47 | Report Abuse

sharks laughing all way out while...making retailers look like a fool for long term ermmm bleak....