Posted by geary > 2020-04-04 20:36 | Report Abuse

Hahaha...Now I will Q...at...@0.44...until its quarter report n beyond...!!!

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

40sen? better wait for free..no need to pay anything

Posted by chiahs > 2020-04-04 21:13 | Report Abuse

Why Malaysia gov need to bail out AA-Thailand, India, Philippines, Thailand etc...with the limited fund available

Posted by probability > 2020-04-04 21:55 | Report Abuse

AirAsia launches SOS campaign to help merchants amid Covid-19 crisis

April 04, 2020

https://www.theedgemarkets.com/article/airasia-launches-sos-campaign-help-merchants-amid-covid19-crisis

Brilliant strategy by TF!

Posted by geary > 2020-04-04 22:06 | Report Abuse

AA has being doing it all the while...only now they are using their teleport collaboration with airasia.com...full marketing now or never...smart business strategies...but they already have the backup or e-commerce infrastructure for quite sometime... these time they need to go all out and attract more customers...!!!

Posted by DreamKentut > 2020-04-04 22:06 | Report Abuse

"
Investor48 My approved refund claim still not yet paid after more than a month..
Got cashflow problem..??

Hehe...
02/04/2020 9:01 PM"

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

Well, when the majority of workforce in AA comes from the laidback community, how can you expect speedy refund?

Posted by geary > 2020-04-04 22:13 | Report Abuse

Ya...you can said that...but I already stated long ago its cash value was around...0.88...so there are few daring one bought at underground value...well if the cash draining out...for another six months... probably it is around...@0.44...minus the irrational price...!!!

Posted by geary > 2020-04-04 22:51 | Report Abuse

At present Airlines very bleak...BRK sold stakes in Delta...!!!
https://www.channelnewsasia.com/news/business/coronavirus-punishes-warren-buffett-s-equity-holdings-12604314

Posted by newbie1111 > 2020-04-04 23:09 | Report Abuse

e-commerce field already have several well established players fighting each other for business, what is the competitive advantage for AA in this field? they are not even very good at making sure their website are able to sell tickets properly during high load.

Posted by probability > 2020-04-04 23:26 | Report Abuse

Good news!

An at-home fingerprick blood test may help detect your exposure to coronavirus

If approved, the blood test could show if your immune system has developed coronavirus antibodies. But a positive result isn't a license to return to work.

https://www.nbcnews.com/health/health-news/home-fingerprick-blood-test-may-help-detect-your-exposure-coronavirus-n1176086

Posted by patrick8 > 2020-04-04 23:41 | Report Abuse

This covid 19 episode will be worse than anything AA has experienced before. If it last another 3 months it's piggy bank would have all but evaporated. It's price would probably fall to RM 0.50 or lower.

Posted by Niklas89 > 2020-04-04 23:44 | Report Abuse

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Posted by Khoo810 > 2020-04-05 00:32 | Report Abuse

Warren also selling airline stock !!!

Posted by yfchong > 2020-04-05 00:55 | Report Abuse

Gone....... Airline for another 6 months.... Travel insurance like tune pro also cannot weather the storm..

Posted by tehlah > 2020-04-05 01:33 | Report Abuse

"AirAsia employs 29,000 people" government will want to help out a bit if needed, or at least showing support since AA has enough cash to sail until end of the year. If AA fails, other opponent will fill the space and Malaysia economy will become weaker. Many reasons for AA to survive, but yeah, it gonna be tough. sell sell sell, someone are waiting at the bottom.

Posted by Lee Kok Wee > 2020-04-05 08:28 | Report Abuse

Buffett let go US airlines share (Delta airlines......) because predict airlines share will be very very suffer . Delta airlines is super profit and healthy company b4 , AA compared Delta airlines liked kid VS giant . How much AA will drop tmr ? 5% , 10% or more ...

Posted by apple168 > 2020-04-05 08:55 | Report Abuse

Even Malaysia transport minister also look down on Aviation company!

https://www.chinapress.com.my/?p=1974676

Posted by Jeffreyteck > 2020-04-05 09:12 | Report Abuse

While many analysts revised down to below 0.60, price was pushed up till above 0.80. Trading play as volatility remains. LT=0 as mas is the answer.

Posted by sell > 2020-04-05 09:19 | Report Abuse

By 10th Apr DG of MOH will decide whether to extend MCO. Yesterday 150 cases, 4 more deaths good news? What if MCO extend 1-1.5 months more? AirAsia cash can last how long? TP RM 0.4.

Posted by Khoo810 > 2020-04-05 10:20 | Report Abuse

Airasia right issue at rm0.3 according to internal rumour.
Better sell before bcm next sap.

Posted by mrlimitdown > 2020-04-05 10:29 | Report Abuse

sia also right issue.
airasia will also do the same soon. probably huge share placement to govt for a very low price.

Posted by Keyman188 > 2020-04-05 10:33 | Report Abuse

Did Warren Buffett Really Sell These 2 Airline Stocks?

The move seems to run counter to everything the Berkshire Hathaway value investor stands for. Is there an explanation?

The coronavirus pandemic has turned the global economy upside down, and stock markets have felt the effects around the world. Even legendary investor Warren Buffett hasn't been immune, as shares of the Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) conglomerate that he leads have fallen, along with the value of the stocks that Berkshire holds in its portfolio.

Most investors have expected that Buffett would be a big buyer of stocks during the market downturn, even perhaps adding to his holdings of hard-hit airlines. Yet on Friday, investors got their first inkling of what Berkshire Hathaway has been doing with its stock portfolio, and to many people's surprise, it involved the insurance giant selling stocks rather than buying them. Below, we'll look at the two airline stocks that Berkshire chose to sell -- and what it likely says about Buffett's view on airlines generally.

The evidence

Berkshire Hathaway filed two disclosure forms with the U.S. Securities and Exchange Commission on April 3, after the market closed. The need to file the disclosures was somewhat of a shock, as Berkshire has 45 days to disclose its end-of-quarter holdings as of March 31.

However, rules are different from companies in which an owner has a 10% or greater stake, prompting the need for the filings.

The forms included two sets of sales:

Berkshire sold about 2.3 million shares of Southwest Airlines (NYSE:LUV) on April 1 and 2, raising about $74 million in sale proceeds.

The Buffett-led company also reduced its holdings in Delta Air Lines (NYSE:DAL), selling almost 13 million shares over the same two-day period and generating $314 million in cash from the sales.

The two stocks took massive hits in after-hours trading Friday after the disclosures. Delta stock was down 11%, while Southwest took a 5% hit. Investors clearly saw the moves as a vote of no confidence from Buffett about the two airline holdings.

Did Buffett make the sales?

Berkshire has a more complex management structure than it used to, with other portfolio managers having some responsibility for the insurance giant's holdings. However, Buffett has said that he manages three of the company's four airline stock holdings, so at least one of the sales would have come under his purview.

Interestingly, the two transactions look fundamentally different from each other. The Southwest sale was relatively small, reducing Berkshire's holdings of the airline by just 4% and leaving a stake worth more than $1.5 billion. The remaining stake is just slightly below 10% of the outstanding shares, making it seem as though the reason for the sale was to get under that key 10% reporting threshold.

The Delta sale, though, is potentially more meaningful. If moving below the 10% ownership threshold were the motivation there, then Buffett could have sold far fewer shares. In that sense, the sale is more reminiscent of what Berkshire has done recently with its stake in bank stock Wells Fargo (NYSE:WFC). With Wells, Buffett has been reducing Berkshire's stake at a measured pace for several quarters now, seemingly responding to the ongoing troubles the banking giant has had in bouncing back from reputation-busting scandals in recent years.

It's possible that the reduction in Delta stock holdings expresses the same skepticism in the airline's prospects. As Berkshire's biggest airline holding, it'd be natural to assume that Buffett would be the responsible party -- but without confirmation from the CEO, there's no way to be sure.

What's next?

Because the sales of Southwest and Delta took Berkshire's overall position in the two airlines below the 10% threshold, the insurance giant won't necessarily have to disclose further sales immediately. We therefore won't necessarily know anything more about what Buffett does with his airline stocks until disclosures for the quarter ending June 30 come out in mid-August.

Given the way in which Buffett justified his purchase of airline stocks back in late 2016 after having panned them for much of his investing career, the apparent about-face now is jarring. With airlines now going to the federal government for assistance, their future is very much in doubt -- and that could create further losses for Berkshire's remaining airline stock holdings.


##https://www.fool.com/investing/2020/04/04/did-warren-buffett-really-sell-these-2-airline-sto.aspx

Posted by apple168 > 2020-04-05 12:20 | Report Abuse

https://www.bloomberg.com/news/articles/2020-04-04/trump-says-to-brace-for-very-very-deadly-period-due-to-virus?

Posted by apple168 > 2020-04-05 12:21 | Report Abuse

US President agreed with me that we are in WW3!

Posted by John1234 > 2020-04-05 12:25 | Report Abuse

As a value investor, Warren Buffett must have had his reasons for the painful sell decisions. The answer could lie in here:
https://www.businessinsider.sg/delta-coronavirus-losses-canceled-flights-2020-4

Posted by Alan Punpipi > 2020-04-05 12:29 | Report Abuse

Its a SELLER Market now Liquidity Rules even Warren knows it ....more downside incoming when Dow hit the CB again next week....better follow the Super RICH sell now and buy lower later ....no longer can hold at these market conditions...then again your money , your call...make sure its a decision you can sleep well with....

Posted by geary > 2020-04-05 13:08 | Report Abuse

Trial Drugs plus TCM will be more effective...!!!
https://www.bloomberg.com/news/articles/2020-04-04/gilead-to-donate-experimental-coronavirus-drug-for-140-000-cases

Posted by geary > 2020-04-05 13:53 | Report Abuse

Common Sense Investing n Trading...!!!
https://awealthofcommonsense.com/2020/04/would-you-rather-buy-too-early-or-buy-too-late-in-a-bear-market/

Posted by RMSB > 2020-04-05 16:38 | Report Abuse

Very risky now. Don’t get caught.

Posted by geary > 2020-04-05 17:27 | Report Abuse

Govt financial assistance to airlines should be last resort — Mavcom | https://www.klsescreener.com/v2/news/view/660763

Posted by Bobii > 2020-04-05 18:32 | Report Abuse

MAVCOM says government would only be last resort. it suggests airasia to do right issue like every other airline in the world

Posted by Bobii > 2020-04-05 18:32 | Report Abuse

basically asking AA to eat himself

Posted by Bobii > 2020-04-05 18:32 | Report Abuse

good luck AA shareholders

Posted by Bobii > 2020-04-05 18:32 | Report Abuse

TP down to 30sen from 50sen

Posted by geary > 2020-04-05 18:52 | Report Abuse

https://www.thejakartapost.com/amp/news/2020/04/05/japan-eyes-tripling-avigan-drug-stockpile-to-fight-coronavirus.html

Posted by RedEagle > 2020-04-05 19:12 | Report Abuse

KUALA LUMPUR (April 5): The government’s financial assistance to airlines amidst the Covid-19 pandemic must be carefully structured, and it should be the last resort, says local aviation regulatory body, the Malaysian Aviation Commission (Mavcom).

In a statement today, Mavcom said considering the pressures on the government’s fiscal resources, industry operators must exhaust other options first, including assistance from their respective shareholders, before approaching the government.

It said the government should only act as a lender of last resort for the industry.

“The government should also bear in mind that its main policy objectives should be to maintain essential air connectivity (most notably Public Service Obligation routes) and protect vulnerable parties such as the 50,000 employees in the aviation sector and Malaysian consumers, rather than propping up the commercial performance of airlines,” it said.

Mavcom said instead of outright bailouts, there are more targeted options that reduce the risk of moral hazard and channels money towards their intended use.

This includes funding measures undertaken by airlines to combat the spread of Covid-19 such as flight disinfection, as well as subsidies and incentives for airlines to retain employees on their payroll.

The government could also temporarily waive government-imposed charges such as air traffic control charges, airport departure levies and industry development levies.

On non-fiscal policy and regulatory responses, Mavcom said clarifying and relaxing certain aviation-related policy requirements, such as the policy on ownership, could also provide some relief to airlines without fiscal costs, as it would allow industry players to access a wide range of funding sources from the local and international capital markets.

Nevertheless, it emphasises the importance for such ownership liberalisation to be accompanied by effective regulatory supervision to ensure players are not abusing their liberalisation rights.

Meanwhile, Mavcom said it is aware that shareholders, in assessing their options, might consider industry consolidation via mergers, especially during crises such as the ongoing pandemic.

It noted that Malaysia Airlines and AirAsia have been reported to be in discussions over a potential merger even before the pandemic, adding that the pandemic might provide further impetus for such a merger to proceed.

However, it reminded industry players that merger transactions are subject to the merger control law under Act 771 and that they must submit their proposed mergers to MAVCOM for approval.

“A merger between two domestic airlines will foreseeably result in a high concentration of the Malaysian domestic aviation market. The merged entity will likely hold a monopoly status in many domestic routes.

“Mavcom is concerned that such a merger could have the unintended consequence of distorting the market in the long-term and this could have negative effects on Malaysian consumers as they may experience higher airfares, reduced frequencies and choices, and deteriorating service quality due to the lower degree of competition,” it added.

Posted by Alex™ > 2020-04-05 20:15 | Report Abuse

Warren buffet also buy high sell low, what about us?

Posted by mf > 2020-04-05 20:21 |

Post removed.Why?

Posted by tehlah > 2020-04-05 22:55 | Report Abuse

turn out AA has a good digital platform ready and Teleport as a logistic arm.Active move and strong preparation then https://www.theedgemarkets.com/article/airasia-launches-sos-campaign-help-merchants-amid-covid19-crisis

Posted by Jeffreyteck > 2020-04-05 23:38 | Report Abuse

Just need to cough out more cash to subscribe the rights. Good luck.

Posted by Evara75 > 2020-04-06 02:29 | Report Abuse

Waiting

Posted by foongkitmun > 2020-04-06 02:51 | Report Abuse

wayang wayang...then merge.....for sure will merge...monopoly the whole domestic market...semua dia untung...why not? untung take all, rugi bahagi 2..

Posted by Victor Yong > 2020-04-06 07:52 | Report Abuse

Right issue for airasia & aax?


KUALA LUMPUR (Bernama) - The government’s financial assistance to airlines amidst the COVID-19 pandemic must be carefully structured, and it should be the last resort, says local aviation regulatory body, the Malaysian Aviation Commission (MAVCOM).

In a statement today, MAVCOM said considering the pressures on the government’s fiscal resources, industry operators must exhaust other options first, including assistance from their respective shareholders, before approaching the government.

It said the government should only act as a lender of last resort for the industry.

"The government should also bear in mind that its main policy objectives should be to maintain essential air connectivity (most notably Public Service Obligation routes) and protect vulnerable parties such as the 50,000 employees in the aviation sector and Malaysian consumers, rather than propping up the commercial performance of airlines,” it said.

MAVCOM said instead of outright bailouts, there are more targeted options that reduce the risk of moral hazard and channels money towards their intended use.

This includes funding measures undertaken by airlines to combat the spread of COVID19 such as flight disinfection, as well as subsidies and incentives for airlines to retain employees on their payroll.

The government could also temporarily waive government-imposed charges such as air traffic control charges, airport departure levies and industry development levies.

On non-fiscal policy and regulatory responses, MAVCOM said clarifying and relaxing certain aviation-related policy requirements, such as the policy on ownership, could also provide some relief to airlines without fiscal costs, as it would allow industry players to access a wide range of funding sources from the local and international capital markets.

Nevertheless, it emphasises the importance for such ownership liberalisation to be accompanied by effective regulatory supervision to ensure players are not abusing their liberalisation rights.

Meanwhile, MAVCOM said it is aware that shareholders, in assessing their options, might consider industry consolidation via mergers, especially during crises such as the ongoing pandemic.

It noted that Malaysia Airlines and AIRASIAhave been reported to be in discussions over a potential merger even before the pandemic, adding that the pandemic might provide further impetus for such a merger to proceed.

However, it reminded industry players that merger transactions are subject to the merger control law under Act 771 and that they must submit their proposed mergers to MAVCOM for approval.

"A merger between two domestic airlines will foreseeably result in a high concentration of the Malaysian domestic aviation market. The merged entity will likely hold a monopoly status in many domestic routes.

"MAVCOM is concerned that such a merger could have the unintended consequence of distorting the market in the long-term and this could have negative effects on Malaysian consumers as they may experience higher airfares, reduced frequencies and choices, and deteriorating service quality due to the lower degree of competition,” it added.

Posted by apple168 > 2020-04-06 09:19 | Report Abuse

Support close down Airasia!

Posted by bradbravo > 2020-04-06 09:40 | Report Abuse

Yes keep pushing it to hop new height while my cash is hopping waiting it to tumble

Posted by Victor Yong > 2020-04-06 09:48 | Report Abuse

Cash call from shareholders via right issue plus loan from the govt like SIA, Singapore? Very likely

KUALA LUMPUR: Nations around the world have formulated huge relief packages for their aviation industry as the Covid-19 pandemic and the ensuing government lockdowns cripple air travel, both domestically and internationally.

These packages include grants, financing, guarantees, waivers and refunds to industry players, from airlines to airports, manufacturers and support services.

The sudden halt in air travelling worldwide is unprecedented, and that will mean zero revenue as aircraft are grounded at parking bays for weeks.

According to the International Air Transport Association, the global airline industry needs aid of up to US$200 billion (RM872 billion) to make it through the pandemic, adding that the industry could post a net loss of US$39 billion in the second quarter of 2020 alone.

The association, which represents 290 airlines globally, has said that only 30 airlines have the balance sheets to survive a prolonged slash in demand.

The biggest assistance so far comes from the US, which has pledged a massive US$58 billion assistance for the industry, as part of a wider US$2 trillion economic stimulus package to address the impact of the pandemic. The sizeable financial aids include some US$29 billion of grants to support employees’ payroll.

Nearer to home across the causeway, the Singapore government, via its sovereign wealth fund Temasek Holdings Pte Ltd, has agreed to underwrite the fundraising by 55%-owned Singapore Airlines (SIA) to raise S$19 billion (RM57.86 billion) via a S$15 billion cash call and loans of S$4 billion.

The Singapore government has also announced a S$750 million aid for the industry comprising salary subsidies and other rebates.

Packages by other countries are not as towering, but huge nonetheless. The big spending gap between the US and Singapore with other countries is probably due to the importance of the aviation industry for both economies.

For Singapore, its Changi Airport and the flagship carrier SIA form the backbone of the island state’s positioning as an aviation hub in the Asean region, hosting among the busiest airport and air cargo hubs in Asia.

Taiwan media reported that the country’s deputy minister of transport is expected to provide subsidies and loans amounting to NT$30 billion (RM4.33 billion), although this has yet to be formalised.

Meanwhile, data also shows that governments’ priority of support is given to national carriers.

Finland has pledged to provide up to €600 million (RM2.86 billion) loan guarantee to airline Finnair, which is 56% owned by the Finnish government.

Norway’s government has pledged to provide loan guarantees of up to six billion Norwegian kroner (RM2.54 billion), half of which will be for Norwegian Air Shuttle ASA.

Meanwhile, the governments of Sweden and Denmark are offering credit guarantees worth three billion Swedish kronor (RM1.31 billion) to troubled Scandinavian Airlines, in which the two governments together own an almost 30% stake.

New Zealand, on the other hand, will provide loans of up to NZ$900 million (RM2.34 billion) to Air New Zealand. Australia, meanwhile, will allow A$715 million (RM1.9 billion) in refunds and waivers for its aviation industry.

South Korea has also released a plan to support the aviation industry with up to 300 billion won (RM1.06 billion) in loans and deferred airport charges.

Other countries have also stepped forward. China, for one, has underlined 16 measures to support the country’s aviation industry, but has not quantified the value involved. For France, the European Commission has allowed deferring some aeronautical charges for up to two years.

Others like the United Arab Emirates, the UK, and Japan have also pledged support, but have yet to come out with the details of their aid packages.

The Covid-19 pandemic, which has impacted the wider economy, has brought airlines to their knees as planes are grounded in absence of passengers and as nations close their borders to contain the outbreak.

Industry players in numerous countries, from Qatar to Thailand and even Kenya, have called for government help as cash flow gets stuck and the entire industry braces for huge losses ahead.

Even the biggest players in the game like manufacturer Boeing Co and airline Emirates are not spared, with the former seeking up to US$60 billion in aid prior to the US government’s stimulus package announcement.

Back home, Malaysia Airlines Bhd, owned by Khazanah Nasional Bhd, would require an injection of an estimated RM1 billion per year to be propped up during the normal days.

AirAsia Group is in talks with the government for loans, said its co-founder Tan Sri Tony Fernandes.

Posted by apple168 > 2020-04-06 09:52 | Report Abuse

Hv TF helped Airasia X? You, smart investors should know the best! With that, TF will definitely help you by asking money from you! How? By offering you right issue which will dilute EPS!

Posted by KAQ4468 > 2020-04-06 09:52 | Report Abuse

aiyaaaaaaa

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

Sang Harimau...Got Covid-19...!!!
https://www.channelnewsasia.com/news/world/tiger-tests-positive-coronavirus-covid-19-bronx-zoo-new-york-12612258

Posted by Lee Kok Wee > 2020-04-06 11:37 | Report Abuse

Forseen airlines share will see blood . Can stand until when ? When no more buyback from Airasia .........