Posted by TRADERPATEL > 2020-07-08 11:13 | Report Abuse

Tony and gang already collect fat fat fat paycheck from airasia via dividend last years. bye bye aasia

Posted by DChosen2 > 2020-07-08 11:15 | Report Abuse

Some says Warrent Buffet is wrong for selling off airlines stocks.. Looks like i need to buy in commodities/energy stocks now..

Posted by liyita > 2020-07-08 11:17 | Report Abuse

News
AirAsia confirms talks with investors amid SK Group interest

09.06.2020 - 08:02 UTC
AirAsia Group has confirmed it is studying various proposals for capital injections to strengthen its equity base and improve its liquidity from investment bankers, lenders, and potential investors, shortly after Malaysia's The Star reported that SK Group was mulling investing around KRW94.2 billion (USD78.6 million) in return for a 10% stake in the Malaysian group.

"AirAsia Group Berhad is currently evaluating these proposals and may soon reach a decision as to the final form (which may be a combination thereof) as well as the amount to be raised... The Company is unable to divulge any information at this stage so as not to jeopardise any of the proposals due to the confidential nature of the discussions with the various parties," the group said in an investor update.

AirAsia added that besides talks with potential investors and lenders, it was also in 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."

SK Group is South Korea's third-largest multi-industry conglomerate (chaebol) and has so far not invested in the aviation industry. The group confirmed that it held talks with AirAsia, which would be undertaken through its regional arm SK Southeast Asia Investment Corp., but underlined that a decision about its potential investment had not been taken yet.

According to the same report, the Malaysian government is contemplating a MYR1.5 billion ringgit (USD351.5 million) bailout fund for airlines registered in the country, which would be 80% guaranteed by the state.

https://www.ch-aviation.com/portal/news/91618-airasia-confirms-talks-with-investors-amid-sk-group-interest

Posted by liyita > 2020-07-08 11:18 | Report Abuse

News
AirAsia confirms talks with investors amid SK Group interest

09.06.2020 - 08:02 UTC
AirAsia Group has confirmed it is studying various proposals for capital injections to strengthen its equity base and improve its liquidity from investment bankers, lenders, and potential investors, shortly after Malaysia's The Star reported that SK Group was mulling investing around KRW94.2 billion (USD78.6 million) in return for a 10% stake in the Malaysian group.

"AirAsia Group Berhad is currently evaluating these proposals and may soon reach a decision as to the final form (which may be a combination thereof) as well as the amount to be raised... The Company is unable to divulge any information at this stage so as not to jeopardise any of the proposals due to the confidential nature of the discussions with the various parties," the group said in an investor update.

AirAsia added that besides talks with potential investors and lenders, it was also in 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."

SK Group is South Korea's third-largest multi-industry conglomerate (chaebol) and has so far not invested in the aviation industry. The group confirmed that it held talks with AirAsia, which would be undertaken through its regional arm SK Southeast Asia Investment Corp., but underlined that a decision about its potential investment had not been taken yet.

According to the same report, the Malaysian government is contemplating a MYR1.5 billion ringgit (USD351.5 million) bailout fund for airlines registered in the country, which would be 80% guaranteed by the state.

https://www.ch-aviation.com/portal/news/91618-airasia-confirms-talks-with-investors-amid-sk-group-interest

Posted by free2invest > 2020-07-08 11:18 | Report Abuse

Ya...back to basic

Posted by Dkk08 > 2020-07-08 11:18 | Report Abuse

Audit committee directors shd be hauled up as to why they failed to include the auditor commenting in their 6/7 results announcement ..as if they got no idea the signed audited accounts will be released the next day

Posted by Daily8 > 2020-07-08 11:19 | Report Abuse

The suspended AA could be due to Investment Bankers down sell the stock price.

Posted by Daily8 > 2020-07-08 11:19 | Report Abuse

And these IBs may twist their previous TP again lol

Posted by goreng_kaki > 2020-07-08 11:20 | Report Abuse

Delisted soon

Posted by Good123 > 2020-07-08 11:24 | Report Abuse

right issue like mas did last time

Posted by free2invest > 2020-07-08 11:28 | Report Abuse

Not right issue, but private placement like last time.

Posted by buffet3333 > 2020-07-08 11:29 | Report Abuse

AA suspended filing for chapter 11, your share value now is ZERO

Posted by Mabel > 2020-07-08 11:33 | Report Abuse

@AdamK733 suspended = bad news....good luck shareholders.
08/07/2020 11:07 AM

Sorry, I have to correct you..

Icon shares was suspended few times after the right issues. The are few reasons. I shared some of the reasons with the team in that forum. Please read Icon forum what's transpired. One of them is many Investors got confused with the Right issues. Hence many got burned along the way.

Look at Icon today it's already flying. They even buying another O&G company Perisai to support their growth plan..

Meow

Posted by Lanesra > 2020-07-08 11:34 | Report Abuse

wow what`s happening? sifu lanesra want to 38 here haha

Posted by geary > 2020-07-08 11:35 | Report Abuse

Daily8 The suspended AA could be due to Investment Bankers down sell the stock price.

Dramatic turns of events...they knew these... that's how people profited by creating bad n good news...AA just announced one thing...I have the $$$...to shore up my equity funds, working capital for a year, preference shareholders, etc... Upswinging again...◉‿◉

Posted by Mabel > 2020-07-08 11:35 | Report Abuse

@Daily8 And these IBs may twist their previous TP again lol
08/07/2020 11:19 AM

Yes...Just like the Gloves counters. How many times have they revised their TP?

Once they collected enough they will revised again..

Meow

Posted by LA777 > 2020-07-08 11:37 | Report Abuse

Gg.

Posted by sampooler > 2020-07-08 11:37 | Report Abuse

read the halting announcement, it look like the stock is not be open for trade in these few days.
2 cents.

Posted by paulkumar23 > 2020-07-08 11:37 | Report Abuse

Im grateful for AA, cause of them for this many years I have enjoyed planned and unplanned last minute travels with a cheap flight, a company that I see not only a low cost airline but a technology company, in my opinion, this is one company that is worth investing if you truly believe in the algorithmic world that we are already living in, besides their intuitive platform that bundles travel and accommodations with activities and not to mention their F&B , below are things that are good to know where this company is heading:

1.Customer Loyalty worth 1Billion USD in 4Yrs with idea of Digital Currency: https://ir.airasia.com/misc/20200410_AirAsia_BIG_Loyalty_Introduction.pdf

2.First of its kind Blockchain (Hyperledger) Based Cargo marketplace: https://www.teleport.asia/

3.e-Commerce; https://www.bloomberg.com/news/articles/2019-05-29/airasia-aims-to-expand-e-commerce-beyond-selling-plane-tickets

4.Aggriculture: https://newsroom.airasia.com/news/ourfarm-connects-agriculture-producers-directly-to-businesses

5.Hauling goods? https://www.bloomberg.com/news/articles/2020-06-16/airasia-eyes-durian-flights-as-part-of-farm-to-table-food-push

Just an FYI – the current pandemic is unpredictable, as the race to find vaccine is already underway, several of large corporation with their countries backing already on human trial, expecting by mid august’20 to Sep’20 for vaccine to be released…yes, Q2’20 will be also bad…but I expect tht this leadership of AA is a strong one and we will see them come back up strong.

There are some companies that i truly part of our life, this is one of them...trust me i hv taken ryan air, Alitalia, many others, nothing comes close to AA when it comes to low cost airline.

cheers guys...

wish all of you good health and invest smartly :)

Posted by EmperorFund > 2020-07-08 11:37 | Report Abuse

Possible criminal investigation by MACC

Posted by geary > 2020-07-08 11:37 | Report Abuse

Mabel @Daily8 And these IBs may twist their previous TP again lol
08/07/2020 11:19 AM

Ha..lady usually has better...EQ...!!!

Posted by air01557 > 2020-07-08 11:38 | Report Abuse

This is a SINKING SHIP, better go back to BATTLESHIPS hmmm

Posted by kakarot > 2020-07-08 11:39 | Report Abuse

GG

Posted by DChosen2 > 2020-07-08 11:39 | Report Abuse

PP to the korean comp? 10% then the share value should be around 77C.

Posted by geary > 2020-07-08 11:41 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3189755

Posted by free2invest > 2020-07-08 11:41 | Report Abuse

Hope the SK firm will come to rescue.

Posted by geary > 2020-07-08 11:43 | Report Abuse

AIRASIA - Trading Halt | https://www.klsescreener.com/v2/announcements/view/3189715

Posted by Daily8 > 2020-07-08 11:45 | Report Abuse

GO AND READ THE NEWS AND ANNOUNCEMENT. NOT GOOD ON AA.

DISAPPOINTED.

Posted by Stock Wizard (know yourself) > 2020-07-08 11:46 | Report Abuse

Steady haha, yesterday not much selling also

Posted by DChosen2 > 2020-07-08 11:48 | Report Abuse

This is only the 1st wave after QR1. What should we expect for next QRs?

Posted by Mabel > 2020-07-08 11:48 | Report Abuse

@air01557 This is a SINKING SHIP, better go back to BATTLESHIPS hmmm
08/07/2020 11:38 AM

You mean like your Minetech?

Tell your boss, thanks for selling his Serbadk Dinamik shares to all of us to help his loss making company..

Soon we will have more shares than him in Serbadk Dinamik..

Meow

Posted by CoolJay > 2020-07-08 11:49 | Report Abuse

wah... kena warning dy their future in doubts..

Posted by Mabel > 2020-07-08 11:49 | Report Abuse

@geary Mabel @Daily8 And these IBs may twist their previous TP again lol
08/07/2020 11:19 AM

Ha..lady usually has better...EQ...!!!
08/07/2020 11:37 AM

Meow Meow Meow

Posted by shpg22 > 2020-07-08 11:52 | Report Abuse

Initiate bankrupt proceeding ....

Posted by bullstudent > 2020-07-08 11:53 | Report Abuse

GG

Posted by geary > 2020-07-08 11:54 | Report Abuse

Ha..lady usually has better...EQ...!!!
08/07/2020 11:37 AM

AA has many suitors...she is waiting n choosing the one with the best EQ...n not so much...IQ...only thinking of numbers...she is looking for high Intrinsic Value...!!!

Posted by Daily8 > 2020-07-08 11:56 | Report Abuse

5099 AIRASIA AIRASIA GROUP BERHAD
OTHERS



OTHERSAIRASIA GROUP BERHAD ("AAGB" or "THE COMPANY") -

BURSA MALAYSIA SECURITIESBERHAD ("BURSA")'S PN17 RELIEF MEASURES RESULTING IN AAGB TRIGGERING SUSPENDEDCRITERIA BUT NOT CLASSIFIED AS A PN17 LISTED ISSUERYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com

Posted by Condom003 > 2020-07-08 11:56 | Report Abuse

At this timing...sure will do Right Issue one...

Posted by uniteen > 2020-07-08 11:58 | Report Abuse

what is right issue?

Posted by SK92 > 2020-07-08 11:58 | Report Abuse

limit down limit down limit down limit down

Posted by Condom003 > 2020-07-08 11:59 | Report Abuse

Take $$$ from shareholder..chinese call附加股

Posted by ronnie88 > 2020-07-08 12:00 | Report Abuse

Resume trading of AA at 2.30 pm ?

Posted by mf > 2020-07-08 12:02 | Report Abuse

AirAsia securities trade suspended pending additional information from company
theedgemarkets.com
/
theedgemarkets.com

July 08, 2020 11:39 am +08

Posted by geary > 2020-07-08 12:03 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3189759

Posted by DChosen2 > 2020-07-08 12:03 | Report Abuse

Issuing new shares to collect money from new share buyers in the expense of diluting the existing share value.

Posted by geary > 2020-07-08 12:04 | Report Abuse

SK92 limit down limit down limit down limit down

Hentam Kuat kuat...!!!

Posted by Daily8 > 2020-07-08 12:05 | Report Abuse

high chance they will proceed with impairment. Later asking money from everybody.

Posted by lloydlim > 2020-07-08 12:06 | Report Abuse

High possibility to merge with MAS under government arrangement!

Posted by SK92 > 2020-07-08 12:06 | Report Abuse

faster drop to 55 cent...bloodbath!!

Posted by DChosen2 > 2020-07-08 12:06 | Report Abuse

Buy .. dont listen to others .. dont miss the train..=D