Posted by geary > 2020-07-15 16:25 | Report Abuse

AirAsia confident of returning to the black by 2021, says Tony Fernandes | https://www.klsescreener.com/v2/news/view/702557

Posted by KAQ4468 > 2020-07-15 16:26 | Report Abuse

confident of returning to the black by 2021, says Tony Fernandes |




did Tony confident to buy back now at 70 cents ????????

Posted by KAQ4468 > 2020-07-15 16:27 | Report Abuse

apa pasal dia sendiri tarak buy back lagi now at low as 70 cents ??????


tarak confident ka ???????

Posted by geary > 2020-07-15 16:45 | Report Abuse

KAQ4468 apa pasal dia sendiri tarak buy back lagi now at low as 70 cents ??????


tarak confident ka ???????
15/07/2020 4:27 PM

Whatsapp to him lah...!!!

Posted by KAQ4468 > 2020-07-15 16:49 | Report Abuse

hahahaha

I sudah Whatsapp sama dia lah semalam...!!!


dia cakap lu orang kasi hantam dulu la .....dia pun tunggu 40 cents wooooooo




kah kah kah

Posted by strattegist > 2020-07-15 16:56 | Report Abuse

sustain

Posted by geary > 2020-07-15 16:57 | Report Abuse

KAQ4468 hahahaha

I sudah Whatsapp sama dia lah semalam...!!!


dia cakap lu orang kasi hantam dulu la .....dia pun tunggu 40 cents wooooooo




kah kah kah
15/07/2020 4:49 PM

Alamak...Bankrupt lah saya...!!!

Posted by AllYouCanBuy > 2020-07-15 17:22 | Report Abuse

https://www.facebook.com/64839963085/posts/10158634237878086/

Posted by KAQ4468 > 2020-07-15 17:53 | Report Abuse

kikikikiiki

Posted by Martingale > 2020-07-15 18:02 | Report Abuse

https://centreforaviation.com/analysis/reports/is-airasia-too-big-to-fail-it-should-be-530828

Posted by strattegist > 2020-07-15 18:27 | Report Abuse

closed green

Posted by Mabel > 2020-07-15 18:30 | Report Abuse

So Nice and so Green...

Meow

Posted by geary > 2020-07-15 18:50 | Report Abuse

Mabel So Nice and so Green...

Meow

https://www.cnbc.com/2020/07/15/airasia-is-confident-it-can-return-to-profitability-in-2021-ceo-says.html

Posted by Mabel > 2020-07-15 19:07 | Report Abuse

Today, another 14 points drops in KLCI...

Based on Peter Lynch the cocktail party theory

Stage1: At the party, people are not talking about stocks. There is little to no interest to talk to an equity fund manager. The folks are inclined to talk about plague with a dentist than about stocks.

Stage2: People may talk about stocks but still think it's risky. They still talk more about plague than stocks.

Air Asia is between Stage 1 and 2 and has taken lowest hit and continue to close Green

Stage 3: Market is up 30%, people start asking a professional money manager like Lynch what stocks to buy. Most have now bought a stock or two.

Stage 4: People are crowded around Lynch but now they are telling Lynch what stocks to buy. Dentists are now offering stock tips. This stage is a good sign the market is near a top.

The Beneficiary from this Pandemic are the Mother and Wives of Gloves which is already in Stage 3 and 4..closed RED for two consecutives days..

Mother of all Gloves - Hartalega

Yesterday Hartalega dropped RM 0.90, I collected one batch
Today Hartalega dropped another RM 1.40, I collected two batches.

Wives of all Gloves - Top Gloves

Yesterday Top Gloves dropped RM 0.84, I collected one batch
Today Top Gloves dropped another RM 1.36, I collected one batch.

...exactly like what I did when AirAsia drop RM 0.70 recently...

Moral of the story is It doesn't really matter which stage you are in...Train yourself to approach the market with discipline and avoid decisions based on emotions..

Meow ..

Posted by Mabel > 2020-07-15 19:09 | Report Abuse

@geary Mabel So Nice and so Green...

Meow

https://www.cnbc.com/2020/07/15/airasia-is-confident-it-can-return-to-...
15/07/2020 6:50 PM

Meow Meow Meow

Posted by Onlineone > 2020-07-15 19:11 | Report Abuse

People scared to fly. How to go uplah this counter

Posted by Mabel > 2020-07-15 19:45 | Report Abuse

Not true, last Friday I came back from flying my favourite vacation airlines from the East Coast Beach.

Just like my forward flight, the return flight is also full of people. Most seats were taken..

Meow..

Posted by Good123 > 2020-07-15 21:02 | Report Abuse

AirAsia share price will plunge tomorrow? :)

KUALA LUMPUR (July 15): Malaysia Airports Holdings Bhd's (MAHB) passenger traffic in June plunged by a staggering 92.1% year-on-year (y-o-y), its third consecutive month of experiencing such a massive drop.

The number of passenger traffic passing through MAHB's airports plummeted 98.8% in April and dropped 97.8% in May.

In a filing with Bursa Malaysia, the airport operator said it recorded 954,000 passengers in Malaysia and at its Istanbul Sabiha Gökçen International Airport (SGIA) in Turkey combined in June. That figure was down 92.1% when compared with the 12.14 million recorded for June 2019. 

Of the total passengers, international and domestic passenger movements during the month stood at 110,000 and 844,000 respectively, said MAHB.

On a last-12-month basis, MAHB's passenger traffic at its network of airports contracted 26.6% y-o-y with close to 100 million passenger movements, compared with 136.25 million previously.

The June 2020 figure, however, was a significant 300% improvement over the May 2020 headcount of 237,000.

"June traffic movements indicated signal of revival in air travel for both Malaysia and Istanbul SGIA market following the relaxation of travel restrictions announced earlier in the month," MAHB said. 

It added that the day-to-day increase in passenger movements was driven by airlines' resumption of domestic flights in Malaysia, which corresponded with the relaxation of interstate travel ban from June 10. 

While in Turkey, it said the domestic flights resumed operations after intercity travelling was allowed from June 1 and the international passenger movements were recorded on June 11, after a NOTAM (notice to airmen) lifted Turkey's airspace effective on the same date.

"Domestic average load factor in Malaysia recorded an increase of 20 percentage points towards the last nine days of June, registering 65.7% average load factor compared with the first nine days before interstate travel ban was lifted in June. Istanbul SGIA's daily domestic passenger movements gradually increased in June, with total domestic passengers reaching 24.3% of June 2019 movements with an average load factor at 67.7%," MAHB further said. 

In terms of aircraft traffic, Malaysia recorded an 84.2% y-o-y decline to 11,850 planes from 74,840 planes. This is represented by 3,019 planes or 25.5% in KLIA, and 8,831 or 74.5% at the Malaysia Airports Sdn Bhd airports.

In Istanbul's SGIA, plane count plummeted 79.1% y-o-y to 4,237, from 20,251.

Moving forward, while Malaysia and Istanbul SGIA June traffic performances are encouraging, MAHB said post-lockdown demand for air travel is expected to be in stages with domestic sector leading the recovery. 

For the resumption of international traffic, MAHB said it is expected to be gradual, mostly due to dependence on travel bubble arrangements and a slower easing of border restrictions as countries remain cautious. 

Shares in MAHB closed 15 sen or 2.94% lower today at RM4.95, bringing it a market capitalisation of RM8.21 billion.

The stock has recovered some 22% from its recent low of RM4.07 on March 19, a day after the government imposed the movement control order to curb the spread of the virus. 

However, the stock is still down 35% year to date.

Posted by Good123 > 2020-07-15 21:07 | Report Abuse

The Tourism, Arts and Culture Ministry expects a 75% drop in tourist arrivals for 2020 from last year.

Posted by Mabel > 2020-07-15 21:10 | Report Abuse

Those are all old figures..April, May and June when Airplane are on the ground mah..

July figures should be much better..

Please see my post earlier..

I suppose I'm one of the first to fly when they lifted the restriction..

Meow

Posted by freddiehero > 2020-07-15 21:26 | Report Abuse

wah.. how good it is..

Posted by freddiehero > 2020-07-15 21:27 | Report Abuse

untill now my jackpot price stil cant get... sad

Posted by freddiehero > 2020-07-15 21:27 | Report Abuse

too much supporter la..

Posted by investmalysia > 2020-07-15 21:51 | Report Abuse

https://www.theedgemarkets.com/article/how-billionaires-become-millionaires-investing-airlines?type=corporate

Posted by investmalysia > 2020-07-15 21:51 | Report Abuse

https://www.theedgemarkets.com/article/how-billionaires-become-millionaires-investing-airlines?type=corporate

Posted by Mabel > 2020-07-15 22:55 | Report Abuse

Summing up...

Tony told CNBC the auditors gave "a very fair view" but reiterated that the airline is "well on the way" to raise the funds it needs to ensure its survival. He added that the funds could come in the form of a government loan, more equity issuance or debt.

The amount the company is looking to raise is "a moving target," he said, adding that he'll "be very comfortable with a billion" ringgit ($234.4 million) and "super, super comfortable with 2 billion ringgit ($468.9 million)."

In a nutshell...

Tony said AA needs RM3B to survive.
Latest news says AA intend to raise RM1B rights issue. Rumour say govt to rescue. I hope govt will take this opportunity to merge all the 3 Airlines into one Airlines..

So is it 1B or 3B or more, or less? Only time will tell.

Airasia has given close to RM10B in dividends since IPO. The company has been generous giving dividend. Fortunately, Tony did shared his winning as I too managed to enjoy the RM (0.90 + 0.12+0.40+0.12) dividend from this Airlines..I remember many were cheering those days..what a great Airlines AA was...So I recon buying back AA shares is my way of giving back.

One thing almost certain AA won't disappear, at most the stock price will find a new equilibrium. Today we can see how the equilibrium are being managed with an average 55 million shares traded over the last 4 weeks.

Moral of the story is everything in the market repeats, so stop worrying about the missed opportunities. Once the operator has collected enough they definitely will push up the price and likewise vice versa as we have seen in the Gloves sectors over the last two days. I believe this may continue this week until they secure enough position to push up to the next level

Stay Invested..

Meow..

Posted by strattegist > 2020-07-15 23:07 |

Post removed.Why?

Posted by pineapple123 > 2020-07-15 23:23 | Report Abuse

tony for sure will said such manner. His red bird is on the brink of bankruptcy.

where is daily8 supporter?

mabel punya husband kah hahahha

Posted by Mabel > 2020-07-15 23:39 | Report Abuse

Just focus on your media pineapple..it's part of my Digital Economy program together with Star along with my Techs, Banking, Telco and Logistics collection..

I call Media Prima, Julia and the Star, Angie. Both are name after my favourite Hollywood Sirens..

Just stay on the side line and be our Pom Pom boys...

We certainly need all the cheering we can get...

Meow

Posted by Good123 > 2020-07-16 07:42 | Report Abuse

In a memo to employees released on Wednesday, American said the notices are tied to the overstaffing it expects in October when U.S. government payroll assistance expires. American, with more than 130,000 employees in 2019, had already warned that furloughs would be hard to avoid as pandemic-hit revenue remains more sluggish than the airline had hoped.

CHICAGO: American Airlines said on Wednesday it is sending 25,000 notices of potential furloughs to frontline workers and warned that demand for air travel is slowing again as COVID-19 cases increase and states re-establish quarantine restrictions.

The Worker Adjustment and Retraining Notification Act requires companies to provide 60 days' notice of potential layoffs or furloughs.

In a memo to employees released on Wednesday, American said the notices are tied to the overstaffing it expects in October when U.S. government payroll assistance expires.

American, with more than 130,000 employees in 2019, had already warned that furloughs would be hard to avoid as pandemic-hit revenue remains more sluggish than the airline had hoped.

Among different work groups, warnings are being sent to 2,500 pilots or about 18% of the total, nearly 10,000 flight attendants or 37% of the total, and 3,200 mechanics or 22% of the total.

Overall, American expects to be overstaffed by about 20,000 in the fall, but hopes to reduce the actual number of furloughs through enhanced leave and early-departure programs it has rolled out alongside unions, Chief Executive Doug Parker and President Robert Isom said in the memo.

Delta Air Lines Inc said this week it believed it could avoid furloughs in the fall after about 17,000 employees signed up for early-departure deals. [nL3N2EM2PM]

By encouraging more senior workers to leave, U.S. airlines could trim their labor costs - their main expense - during the recovery, giving them more pricing power. Airline union contracts require airlines to furlough junior workers first.

United Airlines has sent 36,000 furlough notices, representing about 45% of workers, and Southwest Airlines has also warned that job losses will be hard to avoid.

After boosting summer flying following some signs of pent-up leisure demand in May and June, some airlines are now scaling back their schedules due to a surge in COVID-19 cases across the country. [nL2N2EK0XF]

The U.S. outbreak has prompted several countries to impose travel restrictions on Americans. The European Union excluded the United States from its "safe" travel list. [nL8N2E72LH]

Both Canada and Mexico want to extend the ban on non-essential travel at U.S. borders. [nS0N2DV04U]

Even within the United States, Americans from 22 states are required to self-quarantine for 14 days if they enter New York or New Jersey, two states that have managed to curb infections. - Reuters

Posted by Underhand > 2020-07-16 08:10 | Report Abuse

Still full of hope as Tony did with his baby!

Posted by AllYouCanBuy > 2020-07-16 08:30 | Report Abuse

A successful coronavirus vaccine or vaccines would be a major turning point. As Covid-19 vaccinations became widespread, coronavirus restrictions could be lifted and the economy free to recover fully. - Investor's Business Daily

Many positive outlook on the vaccines this month! Looking at its commercial release by end of the year!

Posted by EatCoconutCanWin > 2020-07-16 08:32 | Report Abuse

sell before too late. EPF and Khazanah going to dump.

Posted by topglove2 > 2020-07-16 08:46 | Report Abuse

Airasia must continue to use glove to provide confidence to passenger. As long as airasia use glove, i as glove investor will support Airasia fund raising.

Posted by AK > 2020-07-16 09:18 | Report Abuse

https://ceomorningbrief.theedgemalaysia.com/2020/0019/

Posted by Mabel > 2020-07-16 09:25 | Report Abuse

@topglove2 Airasia must continue to use glove to provide confidence to passenger. As long as airasia use glove, i as glove investor will support Airasia fund raising.
16/07/2020 8:46 AM

Meow topglove2

Very please to continue collecting Harta and TG for 3 consecutives days..

Meow Meow Meow Meow

Posted by Good123 > 2020-07-16 09:38 | Report Abuse

epf Dah dumped before march or MCO. don't quote EPF to dump :)

Posted by topglove2 > 2020-07-16 09:41 | Report Abuse

@Mabel Yes, i am big time investor in topglove with target price RM 37.00 by Credit Suisse

Posted by strattegist > 2020-07-16 10:53 | Report Abuse

red

Posted by Mabel > 2020-07-16 10:58 | Report Abuse

Meow Meow Meow TopGlove :)

Posted by Good123 > 2020-07-16 11:02 | Report Abuse

Sectors such as tourism and aviation would continue to face challenging prospects as foreign tourists are still barred from entering the country.

“I think the impact will be selective. Those industries who have benefitted from the gradual reopening of the economy should do well and in the process, they would need more manpower to cater for the higher demand, ” he said.

Posted by Good123 > 2020-07-16 11:49 | Report Abuse

reducing headcount or international borders can stop losses? :)

Posted by Good123 > 2020-07-16 11:50 | Report Abuse

international borders tak buka, hanya terbang Dalam msia pasti rugi kot?

Posted by strattegist > 2020-07-16 12:12 | Report Abuse

red

Posted by geary > 2020-07-16 12:24 | Report Abuse

Oh...!!!
https://kr-asia.com/airasia-ends-up-rehiring-its-laid-off-employees-to-work-for-its-agriculture-e-commerce-site

Posted by strattegist > 2020-07-16 13:35 | Report Abuse

red

Posted by Jack Y > 2020-07-16 16:20 | Report Abuse

airasia huat!

Posted by mf > 2020-07-16 16:22 | Report Abuse

market close

Posted by myway > 2020-07-16 16:31 | Report Abuse

Why???

Posted by sampooler > 2020-07-16 16:37 | Report Abuse

Big big... problem.