Posted by Zuliana > 2020-06-24 23:59 | Report Abuse

Potatoes chips snacks time.

Posted by mf > 2020-06-25 00:00 | Report Abuse

19 MIN AGO
NY, NJ and Connecticut impose quarantine on travelers from coronavirus hotspots

Posted by Bursatrador > 2020-06-25 00:03 | Report Abuse

queuing at 0.5

Posted by Zuliana > 2020-06-25 00:09 | Report Abuse

Zero cases by mid-July if rakyat obey SOP - Health Ministry

Annabelle Lee

24 Jun 2020, 7:36 pm
Updated 3 h ago
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CORONAVIRUS | The Health Ministry has projected that Malaysia could stop registering new Covid-19 cases by the middle of next month should the public abide by the various standard operating procedures (SOP) issued.

Posted by Johnlee85 > 2020-06-25 00:18 | Report Abuse

AirAsia sold 41,000 seats in one day, to offer unlimited pass in other markets https://www.soyacincau.com/2020/06/24/airasia-sold-41000-seats-in-one-day-to-offer-unlimited-pass-in-other-markets/

Posted by PanjiAlam55 > 2020-06-25 02:07 | Report Abuse

More drop coming...

Posted by Daily8 > 2020-06-25 03:05 | Report Abuse

https://africa.cgtn.com/2020/06/24/first-vaccinations-begin-in-africa-for-covid-19-trial/

Airasia can fly soon!

Posted by PanjiAlam55 > 2020-06-25 07:08 | Report Abuse

Park at 0.20 today.. try if can get

Posted by Thuresh5 > 2020-06-25 07:40 | Report Abuse

41k seats in 1 day...nice....Can’t wait for BNM to give the digital banking license.

Posted by BanglaMan > 2020-06-25 10:09 | Report Abuse

This stock confirm won’t go above 1 anymore. Coz I’m never wrong. All those call warrants all don’t buy else you all gonna butn

Posted by 5354_ > 2020-06-25 10:13 | Report Abuse

Not good news? Why down 2 sen? Is sell on news?

Johnlee85 AirAsia sold 41,000 seats in one day, to offer unlimited pass in other markets https://www.soyacincau.com/2020/06/24/airasia-sold-41000-seats-in-one-...
25/06/2020 12:18 AM

Posted by BanglaMan > 2020-06-25 10:35 | Report Abuse

News are so slowwwww if not how I know the price weeks or months ahead

Posted by alibaba007 > 2020-06-25 10:50 | Report Abuse

thai airline face bankruptcy

Posted by link91 > 2020-06-25 10:54 | Report Abuse

@alibaba007 news from zaman purba no need to bring up again

Posted by Senang > 2020-06-25 10:57 | Report Abuse

wait right price to enter........

Posted by yoyo > 2020-06-25 11:21 | Report Abuse

I worry AA is the last struggle before drown...trying to hentam everything in bad time may exhaust one energy faster. akin a drowning victim

Posted by zhang > 2020-06-25 11:21 | Report Abuse

broke support 100 will retrace back to next support at 50

Posted by clouud1234 > 2020-06-25 11:23 | Report Abuse

Today airasia will fly

Posted by foo > 2020-06-25 11:44 | Report Abuse

S&P: Credit measures for some sectors may take until 2022, 2023, and beyond, to fully recover
KUALA LUMPUR (June 25): While businesses around the world are starting to reopen, albeit unevenly, after coronavirus-driven lockdowns, credit measures for some sectors may take until 2022, 2023, and beyond, to fully recover, said S&P Global Ratings.
In a report titled "COVID-19 Heat Map: Post-Crisis Credit Recovery Could Take To 2022 And Beyond For Some Sectors," S&P Global Ratings highlighted regional recovery estimates by sector for 2020-2021 compared to 2019.
It said some industries, notably those that involve groups of people in close proximity (e.g., cruises, airlines, airports, gyms, theaters, restaurants, retail, etc.), may not return to prior levels of revenue for several years.
It said for some industries, such as enclosed retail malls, it could be several years, if ever, as distancing measures and the recession may accelerate consumer shifts to other channels.
S&P said government intervention and short-term work programs have dampened the effects of a near halt in business activity in many regions.
The agency said while service employees are returning to work, it may take several years for unemployment levels to return to pre-crisis levels.
The pace and stability of employment recovery will feed into consumer sentiment, business confidence, and corporate investment plans, it said.
“Many industries that were facing a high degree of fixed costs or drastically lower revenue (or some portion of both) were forced to dip into cash balances or borrow to fund operations.
“While revenue for these sectors may recover as soon as next year, a full recovery of credit metrics will take longer as companies dig out of the higher debt load they now carry,” it said.

Posted by smallkid91 > 2020-06-25 13:56 | Report Abuse

@foo if you're quoting s&p, never bet against the money printers :p

Posted by TaukePower > 2020-06-25 14:45 | Report Abuse

Now ev1 can cry

Posted by salman > 2020-06-25 16:26 | Report Abuse

AirAsia registered its highest post-hibernation sale day yesterday with 41,000 seats sold in a single day across the group, signifying what it described as “a strong rebound” in demand for air travel.

AirAsia Group Bhd group chief executive officer Tony Fernandes said the low-cost airline's website experienced traffic growth of 170 per cent.

Posted by Ming96 > 2020-06-25 16:33 | Report Abuse

--clouud1234: Today airasia will fly

Fly down to hell right?

Posted by helson > 2020-06-25 16:47 | Report Abuse

wait for 0.8

Posted by Benthen106 > 2020-06-25 17:04 | Report Abuse

Tomorrow rebound?

Posted by smallkid91 > 2020-06-25 17:14 | Report Abuse

No worries guys, it's just the cleaners that knocked off the money printers last night. It's back on now :)

Dow futures heading up!

Posted by KAQ4468 > 2020-06-25 17:15 | Report Abuse

ya kah ???

Posted by CKNG8291 > 2020-06-25 17:23 | Report Abuse

It will down to 0.75

Posted by smallkid91 > 2020-06-25 17:34 | Report Abuse

Haha. Welcome back secret investor

Posted by mf > 2020-06-25 18:10 | Report Abuse

qr coming

Posted by Zuliana > 2020-06-25 19:59 | Report Abuse

The eagle has landed.

Posted by Zuliana > 2020-06-25 20:00 | Report Abuse

Fool by randomness.

Posted by Zuliana > 2020-06-25 20:01 | Report Abuse

It’s a traders world.

Posted by Zuliana > 2020-06-25 20:02 | Report Abuse

The world has changed.

Posted by Zuliana > 2020-06-25 20:04 | Report Abuse

The safari is opened wide to release all the beasts.

Posted by Zuliana > 2020-06-25 20:06 | Report Abuse

It’s Alice in the wonder land world.

Posted by Zuliana > 2020-06-25 20:07 | Report Abuse

Tomorrow never dies but it can happen.

Posted by Zuliana > 2020-06-25 20:09 | Report Abuse

Live free or choose to be a slave. We decide.

Posted by Zuliana > 2020-06-25 20:10 | Report Abuse

Trump is very scare of the beast.

Posted by Daily8 > 2020-06-25 20:12 | Report Abuse

Zuliana, are you the next Vanga?

Come back to stock please. haha

Posted by Zuliana > 2020-06-25 20:17 | Report Abuse

Ok ok ok. I was in my sub conscious just now.

Posted by Zuliana > 2020-06-25 20:18 | Report Abuse

Tonight Dow performance will determine world market in Asia tomorrow morning.
Got it.

Posted by Daily8 > 2020-06-25 20:29 | Report Abuse

Technical might takes place on AA and some of the stocks that have fall more than 10% today.

We have to be realistic. Cannot expect Bull run all the time. The bull is getting old and needed rest. So, some adjustment to current market price is fair and expected.

I still maintain BUY.

Posted by smallkid91 > 2020-06-25 20:58 | Report Abuse

Daily8.. not much catalyst for airasia this month. Only 50% flights and 70% loading factor at the moment.

Cancellation of year end school holidays also a bumper to earnings.

I believe airasia is worth much more. But government's tied up on fiscal policy without parliaments approval to inject more money into the economy. Without additional stimulus, we're in for a squeeze...

Can ask zuliana, she went coocoo :p

Note that I mentioned I believe airasia is worth much more.. but they overleveraged..

Posted by DannyArcher > 2020-06-25 23:13 | Report Abuse

@Daily8

You are making up facts and stories. Here are the facts:

- AirAsia had a cash balance of RM2.6 billion
- The low-cost carrier’s current cash balance may only support it for less than five months (Until September 2020 if no new cash coming in)
- Warren Buffet bought the big 4 airlines in 2016, only 4 years ago and sold it at a loss.

What I said can be googled. Don't create lies to justify your holding on AirAsia.


https://www.nst.com.my/business/2020/04/582382/airasia-may-last-less-five-months-current-conditions-may-raise-rm1bil-debt

Posted by smallkid91 > 2020-06-26 00:49 | Report Abuse

Danny. My god.. you're so harsh... :X he might be right though. if he's looking to sink 5-10 years into airasia. If it returns to rm3 that's still a 20% p.a. gain.

Many of us are huge fans of Tony. His humor. But no doubt this will be one of the biggest crisis that he'll ever face.

Posted by Daily8 > 2020-06-26 02:27 | Report Abuse

Apologise. I got the figure wrong for cash balance.

Debt is 5.5 bil , with cash balance of 2.4 billion with 20% refunded advance carrier( NST MAY20)
2 directors pay cut of 50mil and 1.67bil ( pay cut of 75%= 1.25bil)

6 months of burn rate of salary and bank internet totalling 180m per mth.

Assuming 2.4 bil burn rate of 180m per month, the cash balance can survive them at least 13months.

Posted by Daily8 > 2020-06-26 02:31 | Report Abuse

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjX2trAzJ3qAhVSfH0KHQG0D80QFjAAegQIAhAB&url=https%3A%2F%2Fnewsroom.airasia.com%2Fnews%2F2020%2F5%2F5%2Fairasia-able-to-weather-covid-19-crisis-better-than-many-others-according-to-brand-finance&usg=AOvVaw38nERmG1G-Z8ngx4VQcSEQ

Posted by Daily8 > 2020-06-26 02:34 | Report Abuse

https://newsroom.airasia.com/news/2020/6/24/airasia-breaks-post-hibernation-daily-sales-record

Posted by Daily8 > 2020-06-26 02:34 | Report Abuse

News Straits Times belong to Media Prima. They used “ may” which also indicated “ MAY NOT BE TRUE!”