Posted by strattegist > 2020-07-01 12:21 | Report Abuse

green

Posted by MaYun > 2020-07-01 12:55 | Report Abuse

how come the QR is not out yet ?

Posted by giinyang520 > 2020-07-01 12:55 | Report Abuse

Where is the secret investor who keep commenting this stock will drop back to 50-60 cents and scream /shout to sell n run ? Lol

Posted by kory1310 > 2020-07-01 13:13 | Report Abuse

any chance price will go up to 930 today?

Posted by ABDULSAMAD > 2020-07-01 13:30 | Report Abuse

Fly fly AA

Posted by smallkid91 > 2020-07-01 13:34 | Report Abuse

Bull traps early in the quarter getting everyone excited. :P end of the quarter every analyst posting like the world is ending :p

Posted by James125 > 2020-07-01 13:34 | Report Abuse

Just wondering where is those sour grapes who keep saying AA will dropped to 0.65? Can you guys explained why it keep shooting up?

Posted by sampooler > 2020-07-01 13:37 | Report Abuse

it is not AA up.. it is because of usa stock window dressing last night. so overall is up. now this event is over.... haha... good luck

Posted by smallkid91 > 2020-07-01 13:41 | Report Abuse

@james bears are there for reality checks :p on good days we hide in caves.

Posted by geary > 2020-07-01 13:44 | Report Abuse

Stanley Yeo I quit gloves stock, and buy AA.

Rational people sure win more than lose...only the Waiting games...Boring games...!!!

Posted by kyliew > 2020-07-01 14:09 | Report Abuse

Sai Lang into AA. im looking into at least triple from current price.

Posted by strattegist > 2020-07-01 14:09 | Report Abuse

green

Posted by kyliew > 2020-07-01 14:10 | Report Abuse

just need to b patience and have holding power.

Posted by noobbie > 2020-07-01 14:38 | Report Abuse

Im holding this for long term...i believe the damge is just temporary because of covid..but soon there wil be solution for our airlines to keep operating.look at how other business is running back..even schools will be reopen soon..things gonna back to normal..

Posted by Zanroxx > 2020-07-01 15:38 | Report Abuse

Should I go in now?

Posted by kory1310 > 2020-07-01 15:48 | Report Abuse

Zanroxx Should I go in now?
01/07/2020 3:38 PM

Go go. Price will shoot up in couple of days. AA might sell 10% of its stake to SK Group frm south korea for RM1 per share. That news came out 3 weeks ago. Might close the deal in July before QR is released. Anyone agree with me?

Posted by kory1310 > 2020-07-01 15:51 | Report Abuse

KUALA LUMPUR/SINGAPORE (June 4): Malaysia's flagship budget carrier AirAsia Group Bhd is evaluating proposals for raising capital to strengthen its equity base and liquidity, the company said in a statement Thursday.

AirAsia said it has been presented with proposals from investment bankers, lenders and potential investors to help the airline "weather the storm" caused by the new coronavirus pandemic.

It also has ongoing deliberations with a number of parties for joint-ventures and collaborations that may result in additional investments in specific segments of the group's business, it said in the bourse filing.

The airline said it may soon reach a decision on the proposals and amount to be raised.

"Any decision made will take into account the Company's business needs and the interests of the Company, its shareholders and other stakeholders," it said.

The airline made the statement in response to a report by local newspaper The Star citing sources saying AirAsia was in talks to sell a 10% stake to South Korea's SK Holdings through a private placement.

SK Holdings, the third largest Korean conglomerate with businesses spanning memory chips to energy, and AirAsia have been locked in negotiations for the past few months and SK sees a stake purchase as an opportunistic acquisition, said one source aware of the matter.

The source said AirAsia had been pitching to get an investor outside the aviation sector.

AirAsia chief Tony Fernandes said in April that the airline was seeking a government loan, as the industry began to take a hit from the virus outbreak

Posted by Daily8 > 2020-07-01 16:03 | Report Abuse

HUGE VOL WILL COMES IN!

BE VERY VERY READY WHEN IT DOES!

Posted by strattegist > 2020-07-01 16:05 | Report Abuse

green

Posted by noobbie > 2020-07-01 16:38 | Report Abuse

good defense on 90c..bravooo

Posted by strattegist > 2020-07-01 17:16 | Report Abuse

closed green

Posted by Zanroxx > 2020-07-01 17:21 | Report Abuse

@strattegist is it a good thing that it closed green? Sorry newbie here :)

Posted by Good123 > 2020-07-01 18:22 | Report Abuse

AmBank Research says the Covid-19 pandemic has resulted in a steep contraction in port throughput, a total collapse in demand for air travel and disruption to logistics services, particularly international mail and parcels. It expects container throughput at the ports to recover to pre-­Covid-19 levels only in 2022.

Posted by Good123 > 2020-07-01 18:23 | Report Abuse

Q1

Posted by smallkid91 > 2020-07-01 18:30 | Report Abuse

Dow futures in red, my fellow airline bears are out again haha

Posted by kory1310 > 2020-07-01 18:51 | Report Abuse

@Daily8 how are u so optimistic

Posted by Invicibletrader > 2020-07-01 18:55 | Report Abuse

Final call, heading to RM 1.5 before MCO ends as borders will start to open. Panic buy asnticipated from mid-July.

Posted by kory1310 > 2020-07-01 19:01 | Report Abuse

Invicibletrader Final call, heading to RM 1.5 before MCO ends as borders will start to open. Panic buy asnticipated from mid-July.
01/07/2020 6:55 PM

Not if QR is released.

Posted by Daily8 > 2020-07-01 19:14 | Report Abuse

OPTIMISM FROM NO BASIS IS WISHFUL THINKING !

OPTIMISM BASED ON EAGLE EYES PROJECTION IS THE DIRECTION. I HAVE SHARED ALOT THEREFORE U NEED TO SCROLL UP AND READ.

IM PREPARED FOR AIRASIA TO HOLD LONG TERM THIS ROUND!

Posted by irazam > 2020-07-01 19:24 | Report Abuse

Chart showing signal buy... break 0.90, now heading to 1.00... soon 1.50 before Q1

Posted by sharksie > 2020-07-01 19:26 | Report Abuse

Will the QR be good and wont cause a drop ?

Posted by kyliew > 2020-07-01 20:16 | Report Abuse

how much can drop ? let's say drop another 10-20% from RM0.90. It's around RM70.70 . The price alrdy very low. U look back 2008/09 GFC

Posted by kyliew > 2020-07-01 20:18 | Report Abuse

this stock u must hold for another 2 yrs , after that u decide u want to take profit it not

Posted by Good123 > 2020-07-01 20:18 | Report Abuse

Affin Hwang Capital Research is also maintaining an “underweight” call on the transport and logistics sector and giving the aviation segment a miss for the time being owing to the difficult business environment.

“While we expect a gradual relaxation in cross-border travel in the coming months to increase air passenger traffic, the recovery may be slow and we do not expect passenger volumes to return to pre-Covid-19 levels even by 2021,” its analyst Isaac Chow says in a strategy report on June 16.

Posted by bahai4453 > 2020-07-01 21:37 | Report Abuse

Congratulation to all the dare devils for 3 sens gained today ！

Posted by Virgin_Share > 2020-07-01 22:31 | Report Abuse

LOL sharkie you made me laugh, airasia QR good i cut my kukujiao

Posted by Daily8 > 2020-07-01 22:31 | Report Abuse

Daredevil is understatement !

THEY MADE THE RIGHT CHOICE !

Posted by Good123 > 2020-07-01 23:01 | Report Abuse

GENEVA (July 1): The global tourism industry will lose at least US$1.2 trillion this year, amid crippling travel restrictions and consumer wariness during the coronavirus pandemic, according to a report Wednesday from the United Nations Conference on Trade and Development.

The losses, equal to 1.5% of the world economy, could balloon to S$3.3 trillion if the hit to international leisure travel persists until March 2021, with the harshest effects afflicting developing and island nations, according to the Geneva-based agency’s report.

The collapse of tourism could cost Jamaica 11% of its gross domestic product and reduce Thailand’s GDP by 9%, UNCTAD said. Other hot spots like Kenya, Egypt and Malaysia could lose more than 3% of their GDP, the report said.

Relying on Tourists

The lost revenue may translate into a sharp rise in unemployment in those countries with the potential for wages to drop by 12% in Thailand, 11% in Jamaica and 9% in Croatia.

Wealthier nations with more diversified economies like France, Greece, Italy, Portugal, Spain and the US also stand to lose billions of dollars in tourism revenue, the report said.

Posted by PanjiAlam55 > 2020-07-01 23:32 | Report Abuse

Knock..knock can I come in.. what price to buy tomorrow? I would like to fly again... this afternoon I saw many plane fly over my area in Puchong, it's a good sign to come in to AA..

Posted by PanjiAlam55 > 2020-07-01 23:35 | Report Abuse

It's a good time to buy AA now... everything back to normal.. to those who bought low price.. my congrats to u guys.. good job

Posted by cheated > 2020-07-01 23:40 | Report Abuse

Up with loss QR good?

Posted by Daily8 > 2020-07-01 23:45 | Report Abuse

PanjiAlam55 Knock..knock can I come in.. what price to buy tomorrow? I would like to fly again... this afternoon I saw many plane fly over my area in Puchong, it's a good sign to come in to AA..
01/07/2020 11:32 PM

If 1.78 is not a dream, will this current price is too expensive ?


THE WHOLE WORLD ALREADY KNOW AIRLINE SUFFERS! WHAT ARE U WAITING FOR ?

Posted by Stock9969 > 2020-07-02 00:07 | Report Abuse

coming qtr result will be like shit
uncle tony cant hv good sleep thinking how to answer to all the shareholders
thats why keep asking extension from bursa

like i said earlir
will waiit for 40-50 sen then only i will consider to buy..consider yea

Posted by PanjiAlam55 > 2020-07-02 00:11 | Report Abuse

Well then I wait till it's drop back to 0.70 what do u think?

Posted by PanjiAlam55 > 2020-07-02 00:12 | Report Abuse

Since DJI is green I will monitor first b4 go in..

Posted by smallkid91 > 2020-07-02 00:41 | Report Abuse

Panji I'm a bear, but I believe the support is strong with sellers running out of steam.

Dji is green from independence day rally. :P becareful. My mantra is buy low sell high lol.

But you can talk to Danny and Mabel those are the bulls :p

Posted by PanjiAlam55 > 2020-07-02 00:43 | Report Abuse

Thanks guys u very helpful n positive.. appreciate that..tumb up for u..

Posted by AppleRock > 2020-07-02 08:07 | Report Abuse

I will buy in after QR

Posted by Good123 > 2020-07-02 08:14 | Report Abuse

Chief executive officer Guillaume Faury (pic) said the company’s output would be 40% lower than expected for two years due to a dramatic slump in demand for aircraft, and has previously warned it is bleeding cash.

PARIS: Airbus SE embarked on the most extensive restructuring in its history, setting out plans to cut 15,000 civil-aerospace jobs as it attempts to steer through the crisis brought on by the coronavirus pandemic.

The European planemaker will eliminate more than 10,000 positions across its main bases in Germany and France, part of an 11% reduction in global headcount, according to a statement.

Chief executive officer Guillaume Faury (pic) said the company’s output would be 40% lower than expected for two years due to a dramatic slump in demand for aircraft, and has previously warned it is bleeding cash.

“The crisis the aviation sector is facing will be of a length and magnitude that calls for more structural and wide-ranging actions, ” the CEO said in a video message.

“We need to act now by adapting our workforce to reflect the new situation.”

Airbus will look to cut 1,700 jobs in the UK, 900 in Spain and about 1,300 in other countries by mid-2021, the jet maker said.

Voluntary measures such as early retirement would be the main part of the process, with compulsory cuts a “last resort, ” Faury said. Airbus slipped 0.3% yesterday in Paris. The shares have declined more than 50% this year.

The plans will be subject to union agreement, and faced swift criticism from the French government. The extent of the job cuts is “excessive, ” the finance ministry said in a statement, adding that the company must do all it can to limit the number of forced retrenchments.

While the French government has been vocal in rejecting job cuts at companies in which it has a stake, including Renault SA, Air France-KLM, it has also acknowledged that revamps are needed in light of the economic shock.

Airbus has about 135,000 employees globally, with almost 81,000 of those in the hard-hit commercial-aviation division.

Airlines and their workers have felt the initial impact from the travel slump, while their suppliers like Airbus and engine maker Rolls-Royce Holdings Plc have seen prospects dwindle, forcing tough decisions.

Air France is preparing to announce about 7,500 cuts, part of a total that surpasses 160,000 across European airlines, aerospace manufacturers and airports, based on data compiled by Bloomberg.

Caught in an aircraft-market slump that Airbus said could last three to five years, the company is striving to bring down costs while avoiding political and labour tensions in its home nations.

US rival Boeing Co is in a similar predicament, and said in late April it would reduce its workforce by about 10%, or about 16,000 jobs, to conserve cash.

“This is a prudent move by Airbus because things will be very different post-Covid-19, ” said Shukor Yusof, founder of aviation consulting firm Endau Analytics in Malaysia.

“In the next two to three years, there are going to be more casualties among airlines.”

Unions criticised the move, with the IG Metall labour group dismissing the announcement as “short-sighted” and accusing Airbus of using the virus as a pretext for reducing the workforce. The Unite union, which represents Airbus’ UK workers, called on the British government to “step up to the plate” to protect the sector like their French and German counterparts.

“I know everybody would like to see me saying there will be no forced layoffs, ” Faury said on a call with reporters.

“I cannot exclude that at the end we will not get there. That’s the hard reality I don’t like, that probably governments and my social partners don’t like either.” — Bloomberg

Posted by Good123 > 2020-07-02 08:16 | Report Abuse

sitting in the plane is like sitting in the cinema. https://www.klsescreener.com/v2/news/view/696691