Posted by joyvest > 2020-04-28 12:18 | Report Abuse

the only way to go abroad is by Air ONLY..... no other means so AA provides the essential service to take you from one location to another location .............

Posted by Zuliana > 2020-04-28 12:21 | Report Abuse

World leaders pledged on Friday to accelerate work on tests, drugs and vaccines against Covid-19 and to share them around the globe, but the United States did not take part in the launch of the World Health Organization (WHO) initiative.

French President Emmanuel Macron, German Chancellor Angela Merkel and South African President Cyril Ramaphosa were among those who joined a video conference to launch what the WHO billed as a “landmark collaboration” to fight the pandemic.

The aim is to speed development of safe and effective drugs, tests and vaccines to prevent, diagnose and treat Covid-19, the lung disease caused be the novel coronavirus - and ensure equal access to treatments for rich and poor.

Posted by joyvest > 2020-04-28 12:25 | Report Abuse

the reason why it should not be dropped to RM 0.35 as opined by others is that AA's NAB is 1.33 at which the share price should have been reflected but it is not currently. the share price should have been valued at least 70% of the 1.33 which is 0.93

Posted by joyvest > 2020-04-28 12:26 | Report Abuse

so conclusion is undervalued

Posted by Zuliana > 2020-04-28 12:39 | Report Abuse

KUALA LUMPUR (April 27): Norway’s Government Pension Fund Global, the world’s largest sovereign wealth fund with a market value of about NOK10 trillion (around RM4.103 trillion) registered a 33.19% increase in its Malaysia-listed equity investments at NOK18.1 billion in 2019 from NOK 13.59 billion a year earlier, according to latest updates by the Norwegian central bank’s asset management unit.

Norges Bank Investment Management is the asset management unit of Norwegian central bank Norges Bank. Norges Bank Investment Management said on its website that it manages the Government Pension Fund Global, often referred to as the Norwegian oil fund.

In US dollar terms, Norges Bank Investment Management said the Government Pension Fund Global’s Malaysia-listed equity investments rose to US$2.06 billion in 2019 from US$1.57 billion a year earlier.

According to Norges Bank Investment Management, the Government Pension Fund Global had in 2019 invested in 146 Malaysia-listed companies compared to 152 a year earlier.

The 2019 list included AirAsia Group Bhd, Bumi Armada Bhd, Bursa Malaysia Bhd, Malayan Banking Bhd, Petronas Gas Bhd and Top Glove Corp Bhd.

Among them, Norges Bank Investment Management said the Government Pension Fund Global owned 0.42% in AirAsia Group and 0.89% in Bursa Malaysia.

Posted by mf > 2020-04-28 12:54 | Report Abuse

https://www.theedgemarkets.com/article/extension-travel-bans-exert-further-downward-pressure-airasia-%E2%80%94-midf

Posted by limitupupup > 2020-04-28 13:09 | Report Abuse

sell

Posted by joyvest > 2020-04-28 13:40 | Report Abuse

IDSS is extended ....

Posted by sampooler > 2020-04-28 13:46 | Report Abuse

@joyvest yes... many ppl are waiting to travel in asia via AA. not now, but within this 12 months

Posted by Live4Tea > 2020-04-28 13:50 | Report Abuse

Terrible it's gone to 0.76 faster than I really thought. AA is not a tenable proposition anymore. Major airlines converting to freight now. Virgin bailout or bankruptcy talks depending how the next few weeks go. Even the Star where AA advertises heavily are saying down hill and too tough. Why all this? Becoz who was too Greedy n gambled in the oil market placing long calls to buy at USD 70 n huge contracts. Now oil collapse to less than USD 20. So its not the covid that's killed AA. Its their egoist I am always right blatant disregard for careful management. They were not hedging. Overzealous risk taking is gambling with company's money. SC should start the query and investigation. Why and how he "hedged" high.. Even if you hear their created rumours that a China or Europe fund is thinking of buying they will just be vultures. Last minute when almost dead is the cheapest. No one is going to give more. Sell before it breaks the floor 0.70 on the way down fast today.

Posted by joyvest > 2020-04-28 13:50 | Report Abuse

nevermind, they will pre-book meaning more revenue to flow to AA

Posted by joyvest > 2020-04-28 13:51 | Report Abuse

AA merely capitalizes on pre-booked prepaid fee...

Posted by joyvest > 2020-04-28 13:53 | Report Abuse

with the right pricing strategy , surely AA will be the winner in the end......... Pandemic has reached its peak........ to be over soon... Vaccine is expected to be ready in Sept may be earlier than that.....

Posted by Live4Tea > 2020-04-28 13:56 | Report Abuse

SC should Query why they over bought so high so much Fuel Purchase at so much higher in advance? That's not hedging. And investigate like the Airbus scandal whether the accumulated billions of oil purchases have "offset" or any commission? Payable back to AA or who? Wonder what's the SC doing?

Posted by CITADEL > 2020-04-28 13:56 | Report Abuse

haha this joyvest keep self-comforting, bought many ke ??

Posted by JK22 > 2020-04-28 13:58 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/04/28/sc-bursa-malaysia-suspend-short-selling-to-june-30

Posted by JK22 > 2020-04-28 13:58 | Report Abuse

RM0.50 will not be here even of QR this May.

Posted by joyvest > 2020-04-28 14:04 | Report Abuse

i always look at it from broader horizons not like a frog inside the well...............

Posted by joyvest > 2020-04-28 14:05 | Report Abuse

the share price is reflected in anticipation of the future earning not the past earning.............

Posted by joyvest > 2020-04-28 14:07 | Report Abuse

so JK 's proposition does not justify.

Posted by joyvest > 2020-04-28 14:07 | Report Abuse

no self comforting , maybe i can sense sth better than others

Posted by Live4Tea > 2020-04-28 14:40 | Report Abuse

QR may not justify ebitda n PE for 0.60 and coupled with next following QR assuming the losses from fuel will not be even larger, we are looking at range 0.40 to 0.50 for quite some time. Don't listen to crony analysts in their bumi banks. They just want us to buy so they can exit. Look at what JP Morgan and aviation experts are saying about the downhill pressures on airlines and restaurants in the new normal. AA unfortunately is even worse off, because of their gambling. If you gamble and win not too bad. But they gambled and lost everything. AA will be sold at very low bids. Due D will show the inbuilt long term crazy fuel contracts at exorbitant prices. The oil collapse just amplifies the view. Those who cleverly exited yesterday at 0.78 are laughing now. And tomorrow?

Posted by Evara75 > 2020-04-28 15:18 | Report Abuse

Buy buy kgroup share (0036)..maybe up 10cen

Posted by Trademou > 2020-04-28 15:30 | Report Abuse

For those who have faith in AA, if continue to drop, may collect some @ 0.72 or 0.71, probably will rebound @ 0.72.

Posted by Chanxin > 2020-04-28 15:51 | Report Abuse

Maybe Air Asia can consider to expand its business in Air Freight. DHL and FEDEX are the example. Maybe can consider GDEX.

Posted by Zuliana > 2020-04-28 16:28 | Report Abuse

2020 is the year Mr. T has to show how he can save AA.
If he can't save AA, then his name will be forgotten la or even busuk in history.
How many tricks left hah Mr. T?

Posted by Zuliana > 2020-04-28 16:31 |

Post removed.Why?

Posted by Zuliana > 2020-04-28 16:34 | Report Abuse

Mr. T is too late to go into Digital business.
Last year bragging his coming digital empire?
Until now still can't see his digital empire business. Omg.

Posted by Zuliana > 2020-04-28 16:39 | Report Abuse

If AA bankrap, new company will be born.

Posted by limitupupup > 2020-04-28 16:44 | Report Abuse

i will take over dont worry, pay rm1 and get myself in huge debt & huge loss.

Posted by Zuliana > 2020-04-28 16:49 | Report Abuse

Our money all gone, if AA was bankrap.
Cry, cry, cry...

Posted by Zuliana > 2020-04-28 16:55 | Report Abuse

Ask Jack Ma to buy over this AA.
Then AA sure kaya raya.

Posted by calvintaneng > 2020-04-28 17:54 | Report Abuse

Hi guys

See AirAsia Flight Crew New Uniform

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-04-28-story-h1506165432-MTAG_0213_MTAG_0231_ANOTHER_GLOVES_FACE_MASKS_RESPIRATORS_DISTRIBUTORS_.jsp

Posted by HSC2014 > 2020-04-28 22:14 | Report Abuse

If AA bankrupt, a smaller company will replace it called AAA (battery cell)....hehe...

Posted by DannyArcher > 2020-04-28 22:23 | Report Abuse

At the rate things are going, is AA worth saving? Better let is bankrupt and then buy it up for RM1 again. I will do that if I am Mr.T

Posted by Elmerbaby > 2020-04-29 00:03 | Report Abuse

He should put up all his QPR players for sale to save AA. And then replace them with AA employees.

Posted by Nepo > 2020-04-29 06:28 | Report Abuse

Omg, any hope for AA...

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

Now everyone cannot fly
Stay at home OK

Posted by Nepo > 2020-04-29 06:33 | Report Abuse

Can keep this stock or not? Any advice from veteran in this counter..?

Posted by Bearwalk > 2020-04-29 07:06 | Report Abuse

Dear Government....Please don't buy and agree with the idea of merging AA and MAS. Despite the book value of MAS "MAY" is diminishing if not zeroing by "MAY END", but still it "MAY" has a potential in becoming a "siphoning tool" between taxpayers' money and any tycoons' exit strategy?. Virgin Australia has failed in that attempt and eventually we could witness their collapse without taxpayer money! And, Virgin Atlantic is approaching The UK Government to turn the dice again, and, "May be" they should adopt that idea of merging with British Airways?? However, BA is relatively healthier than MAS, so merging idea cannot be justified straight away??. The point here is the creativity to Macgyver the circumstances and creating a "siphoning tool" for the survival. Asian is always good in Macgyvering things more than any other nations in the world?. Airlines businesses are haunted...by "MAY END"...

Posted by Tigerchan > 2020-04-29 08:53 | Report Abuse

Hello, all industries are in big risks, not airline industries alone. Even goverment release industries sectec in full, some of them will close shop. Malaysia open Europe and America remain close, do you think malaysis product will go in to these countries. How many % of industry ptoduct export to these country. Many SME bosses are woriied.

Posted by newbie1111 > 2020-04-29 10:29 | Report Abuse

https://www.bbc.com/news/business-52462660

In a statement, IAG said: "The proposals remain subject to consultation, but it is likely that they will affect most of British Airways' employees and may result in the redundancy of up to 12,000 of them."

The company said it will take several years for air travel to return to pre-virus levels, a warning that has been echoed by airlines across the world.

Posted by Nuclear_mari > 2020-04-29 10:45 | Report Abuse

Hold more than sell. It's a good sign

Posted by wees123 > 2020-04-29 11:41 | Report Abuse

air asia standing strong wor, n rise abit today, maybe got chance to close at 0.78-0.785

Posted by Live4Tea > 2020-04-29 12:22 | Report Abuse

Sell while they goreng. While we can get out at 0.78 afternoon back downward selling

Posted by Live4Tea > 2020-04-29 12:24 | Report Abuse

Europe markets open red. British Airways said it will take many years before we get back to be just OK. No profits. Laying off 12 000 workers AA far worse. Let's see the close today 0.74

Posted by mf > 2020-04-29 12:35 | Report Abuse

https://www.bharian.com.my/dunia/eropah/2020/04/682936/british-airways-jangka-buang-12000-pekerja

Posted by Zuliana > 2020-04-29 13:09 | Report Abuse

Don't worry.
Mr. T pun tak worry la. Taukeh pun tak jual his own saham la.
No worry, be happy.

Posted by Zuliana > 2020-04-29 13:11 | Report Abuse

Last year bragging his coming digital empire?
Until now still can't see his digital empire business.

Who has info about Mr. T digital empire? Thanks

Posted by salman > 2020-04-29 13:35 | Report Abuse

WARNING BUY!!!!