Posted by Good123 > 2020-07-29 11:54 | Report Abuse

more cash to come . tenang :) AirAsia says it aims to raise RM2.4 billion via debts and equity

9 Jul 2020 · AirAsia pointed out the outcome of clinching a loan under the Danajamin PRIHATIN Guarantee Scheme (DPGS) is favourable. On the ...

Posted by Good123 > 2020-07-29 11:56 | Report Abuse

Ada cash pumped, tak payah ICU/PN 17 soon

Posted by Good123 > 2020-07-29 11:58 | Report Abuse

buy time, Thailand will extend a state of emergency until the end of August to control the coronavirus outbreak, although there has been no local virus transmission recorded for more than two months.

Posted by Good123 > 2020-07-29 12:07 | Report Abuse

aa should be able to raise fund, pricing n timing only. SINGAPORE: Traveloka, South-East Asia’s largest online travel app, announced on Tuesday it had raised US$250mil to help bolster its operations amid the coronavirus crisis, and as domestic travel starts to pick up in the region of 650 million people.

The eight-year-old startup said its funding round was led by a “global financial institution” and included existing investors, such as early backer East Ventures.

Posted by Good123 > 2020-07-29 12:08 | Report Abuse

But as domestic travel restrictions start to ease in the region, the Jakarta-based firm’s chief executive said it “was seeing an encouraging recovery across its key markets” due to a resurgence in travel and activity bookings by local holiday-makers.

“Our business in Vietnam has returned to 100% pre-Covid-19 level and Thailand has surpassed 50% pre-Covid level, ” Traveloka co-founder and CEO Ferry Unardi said in a statement.

He noted that both Indonesia and Malaysia were also seeing “strong week-to-week improvement”.

Thai authorities unveiled in June a US$722mil subsidy to spur domestic travel, while both Vietnam and Singapore have announced extensive local tourism promotion campaigns.

The Indonesian resort of Bali plans to re-open to local tourists this week and to international travellers on Sept 11. According to Unardi, Traveloka will use the new funding to bolster its balance sheets and boost its domestic travel offerings as well as its financial offerings.

Posted by sampooler > 2020-07-29 12:10 | Report Abuse

according to analysis, there is 20 year ahead of the tourism industrial to booom! Just prepare for the worse and the coming good times in the next year & future.

Posted by sampooler > 2020-07-29 12:38 | Report Abuse

my god.. i want to buy at lower la.. jump so fast. :((

Posted by 5354_ > 2020-07-29 12:50 | Report Abuse

If so good why AAX QR must delay? Even AA RM 800 million loss why published in June'20 not earlier?

Posted by strattegist > 2020-07-29 12:54 | Report Abuse

red

Posted by 5354_ > 2020-07-29 12:55 | Report Abuse

How much China tourists contribute to AA local flight any1 can answer? Don't tell me China tourists only use AAX not AA when in M'sia eg Langkawi to KL or Sabah/Sarawak use AAX?

Posted by Good123 > 2020-07-29 13:31 | Report Abuse

Coronavirus: AstraZeneca ready to supply potential vaccine in September - BBC News

21 May 2020 · Drugs giant AstraZeneca has announced it is ready to provide a potential new coronavirus vaccine from September.

Posted by Good123 > 2020-07-29 13:32 | Report Abuse

the time has come for as to ask for funding. https://medicalxpress.com › news

AstraZeneca 'on track' to roll out virus vaccine in September - Medical Xpress

5 Jun 2020 · ... to two billion doses of a coronavirus vaccine in September ... vaccine right now, and we have to have it ready to be used  ...

Posted by Good123 > 2020-07-29 13:45 | Report Abuse

T

Posted by Good123 > 2020-07-29 13:46 | Report Abuse

surely no problems with raising money but pricing n timing

Posted by Good123 > 2020-07-29 13:46 | Report Abuse

the earlier the better for investors

Posted by WitNess > 2020-07-29 13:49 | Report Abuse

wish those who are still holding this stock a very good luck.
- 0.01 / day

Posted by JJchan > 2020-07-29 14:01 | Report Abuse

I think AA will survive but Tony might loss 90% of his personnel wealth. Losses in 2Q20 will be massive, 3Q20 will be slightly better. In any how 2Bil raised( if possible) will be wipe-out by year-
end 2020-----2021 budget how?

Posted by mf > 2020-07-29 14:02 | Report Abuse

FBM KLCI 1,591.61 -18.33 1.14%

Posted by Whoisthis > 2020-07-29 14:17 | Report Abuse

no landed yet? wasted my time..

Posted by SK92 > 2020-07-29 14:44 | Report Abuse

attractive price..but no thanks, ill wait until tony announce rights issue

Posted by DChosen2 > 2020-07-29 15:31 | Report Abuse

@Good123 bro u so fast changed side?

Posted by Stock Wizard (know yourself) > 2020-07-29 15:34 | Report Abuse

share buy back

Posted by Good123 > 2020-07-29 15:45 | Report Abuse

did not change side. neutral

Posted by secretinvestor8888 > 2020-07-29 15:45 | Report Abuse

i am secret investor 8888 and i have a prophecy: 28.88 by 18 august SUPERMAX... BE FOREWARNED

Posted by Good123 > 2020-07-29 15:45 | Report Abuse

tak tau right issue bila Dan harga

Posted by Good123 > 2020-07-29 15:46 | Report Abuse

Not a great start but downside risk narrowing, in our view
1Q20 core net loss was below our expectations. We slash our FY20E and FY21E estimates to reflect core net losses and nil dividends. That said, we take heart that AAGB has resumed flights in five of six countries that it operates in and fares are rising. We cut our TP to MYR0.92 on 1.4x FY21E P/BV (post-2013 12M forward P/BV mean) from MYR1.56 on 8x FY20E PER. With 3% upside potential, we upgrade AAGB to HOLD from SELL. With this report, we transfer coverage to Shao Yang.

Posted by secretinvestor8888 > 2020-07-29 15:46 | Report Abuse

congratulations SANTAN BHD holders........ so sad......... airline become restoran...... praying for you

Posted by Good123 > 2020-07-29 15:46 | Report Abuse

mbb target 92sen pulak . saya tak tau

Posted by DChosen2 > 2020-07-29 15:51 | Report Abuse

IMO atleast wait for AAX's 1st QR and AA 2nd QR only decide in or not.

Posted by Good123 > 2020-07-29 15:54 | Report Abuse

aa may sell tune protect now , desperate for cash :)

KUALA LUMPUR (Sept 11): The potential entry of a South Korean investor into Tune Protect Group Bhd could remove any potential share overhang, while helping the insurer to accelerate growth of its business overseas, according to UOB Kay Hian Securities (M) Sdn Bhd.
 
“Assuming that this news report is true, we view this positively,” UOB Kay Hian analyst Keith Wee Teck Keong said in a note to clients today, as the broker kept a “Buy” call on the stock, with a target price of RM1.40.
 
“As such, securing a strategic partner to dispose their stake to would be viewed positively by the market, as it removes any potential share overhang from open market disposal, and also helps the group to bring in a potential strategic shareholder who can add further value to help accelerate its overseas business expansion strategy,” Wee added.
 
Wee’s remark was following a report by The Edge Weekly, which had — in its latest issue — said a South Korean investor is keen to take up a stake in Tune Protect and consequently, could emerge as a substantial shareholder “soon”.
 
The entry of the South Korean party could be via the sale of stake by Tune Protect’s controlling shareholders — Tan Sri Tony Fernandes and Datuk Kamarudin Meranun — both of whom collectively own an indirect stake of 29.42%.
 
In Tune Protect, Fernandes and Kamarudin hold a combined direct stake of 16.64% via their private vehicle, Tune Group Sdn Bhd. Filings with Bursa Malaysia revealed  Tune Group has been gradually disposing its stakes in the open market.
 
Since June 2015, speculation was rife that Tune Group was considering disposing some of its stake, as it mulls to review their broader strategic investment direction, while complying with the regulator’s directive in limiting individual shareholding limit to not more than 10%.
 
While the insurer is said to dispose part of its stake, UOB Kay Hian noted it will not “jeopardise the group’s crucial tie-up with AirAsia Bhd”, with the latter to remain a key shareholder in Tune Protect, owning around a 13.7% stake.
 
This, said the brokerage firm, was as Tune Protect had an exclusive tie-up agreement with AirAsia, which will expire from 2022 to 2027, helping to secure Tune Protect’s interest.
 
At the same time, UOB Kay Hian’s Wee noted AirAsia also places great emphasis on expanding its ancillary income, with travel insurance — through Tune Protect — being part of its long-term ancillary income growth strategy.
 
At noon-break today, shares in Tune Protect rose 4 sen or 3.45% to pause at RM1.20, valuing the insurer at a market capitalisation of RM751.76 million.

Posted by EatCoconutCanWin > 2020-07-29 16:57 | Report Abuse

yes...is coming to PN17... yeehaa...

Posted by acepilot12 > 2020-07-29 17:10 | Report Abuse

if i buy 10 lots now for long term investment do you guys think its worth it? like 3 to 5 years.

Posted by Godofgambler > 2020-07-29 17:17 | Report Abuse

Have faith in Airasia...
I believe Rm1 possible by this year

Posted by Godofgambler > 2020-07-29 17:17 | Report Abuse

Another good news Airasia will fly

Posted by JJchan > 2020-07-29 17:32 | Report Abuse

AA shares will Hit 6.6Bil after RI. Very difficult to surge upwards. With atleast another 3 bad Qr
coming. Play contra is much safer

Posted by Godofgambler > 2020-07-29 17:50 | Report Abuse

Target Rm1.00 next month

Posted by yong99 > 2020-07-29 18:06 | Report Abuse

buying at 30c

Posted by Good123 > 2020-07-29 19:05 | Report Abuse

Covid-19: Malaysia’s new cases drop to 13, no new clusters reported

Syafiqah Salim

/

theedgemarkets.com


July 29, 2020 17:03 pm 08

Posted by Good123 > 2020-07-29 19:06 | Report Abuse

less virus cases, will rise tomorrow probably. up n down based on sentiment in the short run

Posted by Good123 > 2020-07-29 19:35 | Report Abuse

good news :) KUALA LUMPUR (July 29): Science, Technology and Innovation Minister Khairy Jamaluddin, who held a video conference with his Chinese counterpart Wang Zhigang today, said they discussed Malaysia’s interest in securing early access to a safe and effective Covid-19 vaccine.

In a tweet after the more than an hour video call, Khairy said the two ministers also spoke about cooperation in space technology, blockchain and Chinese foreign direct investment for Malaysia’s artificial intelligence park.

Speaking in the Dewan Rakyat yesterday, Khairy said the possibility of Malaysia gaining access to the Covid-19 vaccine from China is subject to the Ministry of Health finding it suitable, safe and effective to use.

“Malaysia is talking to China about vaccine development by companies and institutions from the republic. China now has several companies and institutions which are more advanced in the field,” Bernama quoted him as saying.

Posted by paktua73 > 2020-07-29 21:17 |

Post removed.Why?

Posted by Godofgambler > 2020-07-29 21:24 | Report Abuse

When vaccine out...
Airasia will go up like crazy

Posted by ivanlau > 2020-07-29 21:53 | Report Abuse

As I mentioned in 6/July " sorry to say...... new tp 65 - 70 cents..........."

Posted by WitNess > 2020-07-29 22:48 | Report Abuse

keep calm & sell ur AA shares, don't afraid of cut loss. No miracle at all.

Posted by Whoisthis > 2020-07-29 23:03 | Report Abuse

i dont expect much..unless there is good news..
if it breaks 0.66 will buy some..

Posted by sharewiz118 > 2020-07-29 23:12 | Report Abuse

unlikely to fly, broken wing

Posted by Godofgambler > 2020-07-30 00:12 | Report Abuse

Oh yeaah. Broken wings....
Wait caterpillar become butterfly again...
Then you know

Posted by NohopeAirasia > 2020-07-30 05:10 | Report Abuse

AAX QR is it today must out? The way both AAX and AA drop signal very bad QR?

Posted by Whoisthis > 2020-07-30 06:52 | Report Abuse

As I know, Aa’s pilots now become grab food rider for money. What do u think.

Posted by Godofgambler > 2020-07-30 08:13 | Report Abuse

Oh yes..as if aeroplanes will never fly again....
Stop the BS...
Trust TF and the aviation industries...