Posted by greedy44444 > 2020-08-13 19:49 | Report Abuse

Kuala Lumpur, 13 August 2020 - Following on from the success of the Save Our Shops (S.O.S) campaign in April 2020, AirAsia’s logistics arm Teleport is gearing up to launch another campaign called “Shop Sama Kamek”. This campaign is held in conjunction with the Government’ Short-Term Economic Recovery Plan (PENJANA) Micro and SMEs (MSMEs) E-commerce Campaign that was rolled out in June by the Malaysia Digital Economy Corporation (MDEC). The “Shop Sama Kamek” campaign will be launched specifically to support more East Malaysia merchants to sell food items online on OURSHOP, AirAsia’s e-commerce platform in September.


With the launch of this “Shop Sama Kamek” campaign, OURSHOP will recruit a total of 300 merchants from small and medium enterprises in East Malaysia ranging from food categories of fresh, frozen and packaged food.


“In order to fulfill our campaign needs and revive the local economy, we have received approval by the Government for a grant to initiate cross-border delivery, marketing efforts and training for merchants. This will allow us to provide the necessary resources and needs to support merchants in East Malaysia to be E-commerce ready”, said Pete Chareonwongsak, CEO of Teleport.

Posted by greedy44444 > 2020-08-13 19:50 | Report Abuse

OURSHOP is an e-commerce marketplace, owned by AirAsia to spur the growth of local products by developing traditional small and medium businesses to be e-commerce ready. To top it all off, shoppers can also earn BIG Points with every successful purchase made, and even use BIG Points to pay for their shopping.

Posted by greedy44444 > 2020-08-13 19:53 | Report Abuse

WOW...AI and RPA for AA

SEPANG, 13 AUGUST 2020 – AirAsia Group is accelerating its ongoing digital transformation journey further by implementing robotic process automation (RPA) in collaboration with Silicon Valley and India-based enterprise automation platform JIFFY.ai.


Chief Transformation Officer Azli Mohamed said the implementation of RPA followed a review of AirAsia’s internal processes and workflows, which showed that business process automation can be done easily with the right tools in place.


“At AirAsia, we continuously seek to push the boundaries of innovation. RPA will allow our workforce to automate mundane and repetitive tasks, which will free up valuable time to focus on other tasks that require thinking and experience-based judgment.


“RPA will enable us to increase productivity, reduce errors and redeploy resources to higher-value functions. All these benefits will ultimately translate into sizable cost savings and top-line revenue growth.”


AirAsia has appointed India- and US-based JIFFY.ai to initiate its RPA adoption, which began in May 2020. The implementation leverages JIFFY.ai’s artificial intelligence (AI)-enabled automation platform, which brings intelligent automation, intelligent document processing and analytics together in a single solution.


“We are delighted to have been chosen as the partner for AirAsia to help them on their digital transformation journey,” said Babu Sivadasan, Co-founder and Chief Executive Officer, JIFFY.ai. “The JIFFY.ai AUTOMATE platform is expandable and extensible and will give them the intelligent automation power they need to streamline and improve complex business processes while supporting innovation to help the business grow.”

Posted by greedy44444 > 2020-08-13 19:56 | Report Abuse

Seems not many people understand fully the actual businesses that AA involved with...not just carrying passengers through their fleet of airplanes

Posted by greedy44444 > 2020-08-13 19:59 | Report Abuse

Under normal circumstances, AA should worth more than 3.00 !! Buy more AA and keep in safety box for five years the returns will be multiple times the investment now.

Posted by Ryan83 > 2020-08-13 21:32 | Report Abuse

Aviation business will only return to pre-Covid 19 level in 2022/2023.At least 500 million cash burn in 2nd quarter and 1 billion loan only can sustain cash flow until December tis year.No international flights allow into and from Malaysia will drag Airasia into huge losses

Posted by greedy44444 > 2020-08-14 00:19 | Report Abuse

Think positive... vaccine coming soon

Posted by henryz > 2020-08-14 00:46 | Report Abuse

Greedy.....

You telling us before MCO or even before Covid....... should price at RM 3.00?? I not aware AA worth this price last year..... Are you day dreaming....hahaha

Posted by Whoisthis > 2020-08-14 07:33 | Report Abuse

Think big ...think rm30....apa itu rm3.00 pulak

Posted by Ryan83 > 2020-08-14 08:05 | Report Abuse

Airasia needs another 2 billion loan for next year operation.Airasia 14% shareholding in Airasia X will increase its financial losses burden since Airasia X is making huge losses and its shareholder equity is negative 864 million as of 31st March 2020

Posted by sampooler > 2020-08-14 08:08 | Report Abuse

https://www.theedgemarkets.com/article/airasias-teleport-launch-campaign-support-east-malaysia-merchants

Posted by sampooler > 2020-08-14 08:10 | Report Abuse

AA like Malaysia type Alibaba

Posted by sampooler > 2020-08-14 08:28 | Report Abuse

ecommerce + IoT + food + ai + blockchain + virtual education will be boom in the next 3 years... but all this is in progress by aa now. I wonder must have a sifu to teach them the real trend in this 10 years to come.

Posted by strattegist > 2020-08-14 09:26 | Report Abuse

red

Posted by Jeffreyteck > 2020-08-14 09:30 | Report Abuse

From fundamentals strong to goreng counter. Est NTA will be halved soon. Trading 0.55_0.95.

Posted by salman > 2020-08-14 10:33 | Report Abuse

Earnings (EPS) is much more important than NTA and should be emphasized.

Posted by strattegist > 2020-08-14 11:18 | Report Abuse

red

Posted by 24HoursProducing > 2020-08-14 12:06 | Report Abuse

Buy low sell high is the way

Posted by lamching > 2020-08-14 12:19 | Report Abuse

continue to hold on it, vaccine is available soon, that mean airasia will fly again..

Posted by Ryan83 > 2020-08-14 12:29 | Report Abuse

Just prepare extra money for those plan to subscribe Airasia rights issue to raise another 2 billion to survive until Dec next year.This financial year loss at least 2 billion and next year another 500 million loss

Posted by tkl88 > 2020-08-14 14:20 | Report Abuse

Ok, me prepared all the bullets liao... will fully support Airasia’s right issue @0.50 !

Posted by tkl88 > 2020-08-14 14:23 | Report Abuse

This is the golden opportunity once in your lifetime...
If you missed this round of RI, you won’t be able to subscribe RI @0.50 anymore !

Huat ah ! Heng ah ! Ong ah !

Posted by baskoro1965 > 2020-08-14 15:02 | Report Abuse

Only cure for aa is vaccine injection.

Posted by tkl88 > 2020-08-14 15:12 | Report Abuse

Ok, now Covid-19 already past...
Next week onwards Everyone Can Fly already !

Huat ah ! Heng ah ! Ong ah !

Posted by clp72 > 2020-08-14 15:14 | Report Abuse

err... i dont think so man, boarders will still remian closed until maybe mid next year... think about it, who is going to travel when you reach your desgtination, you get quarentined for 14 days, come back another 14 days... thats 28 days without even taking into account your holidays... people got so much of leave meh?

Posted by strattegist > 2020-08-14 15:34 | Report Abuse

red

Posted by AllYouCanBuy > 2020-08-14 15:46 | Report Abuse

Domestic travel is fine now.

Posted by tkl88 > 2020-08-14 15:48 | Report Abuse

Don’t worry... next week market will be green green back...
It’s the matter of time only for Airasia to re-vist RM3.00 & above in soonest of time...
So, just be patient ya all AA die-hard supporters !

Huat ah ! Heng ah ! Ong ah !

Posted by LohNewbie > 2020-08-14 15:57 | Report Abuse

clp72
you dont have that kind of luxury of leave and many people here in Asia won't have especially working class, but for Europeans and many Westenres they have long holidays, and they do have the luxury of long holidays

Posted by Sugar Paul Paul > 2020-08-14 16:33 | Report Abuse

AA chart bollinger band closed dy... There will be a new direction soon... Hmm... I wonder these AA chart got pattern, 2.5 months got one up or down?

Posted by gurumaster999 > 2020-08-14 17:05 | Report Abuse

stuck @3.8

Posted by tkl88 > 2020-08-14 17:24 | Report Abuse

gurumaster999, Airasia previously got touch RM3.80 meh? If yes, now I even more confidence on Airasia liao !!!

Posted by Sugar Paul Paul > 2020-08-14 17:50 | Report Abuse

Maybe stuck @3.8 on 2021... Yayy Yayyy...

Posted by tamp0i > 2020-08-14 19:05 | Report Abuse

tkl88, historically hit highest on 2-Mar-2018 @ 4.75!

Posted by rezzare > 2020-08-14 19:28 | Report Abuse

after that they issue 0.90 cent dividen bro.. dun talk dy wait the q2 qr out 1st.. u see now they still not dare release u guys know dy la

Posted by greedy44444 > 2020-08-14 20:04 | Report Abuse

WOW...medical charter flight by AA. Well done !

BAYAN LEPAS, 14 AUG 2020 - Patients and medical tourists from Indonesia now have greater access to medical treatments and health services in Malaysia as AirAsia seeks to play a bigger and more active role in the sector by providing medical charter flight services.


AirAsia welcomed its first international medical charter flight from Medan into Penang International Airport today.


The medical charter service will be expanded to other cities in Indonesia and soon develop into an end-to-end service offering under the AirAsia.com platform.


Karen Chan, AirAsia.com CEO said, “Amid travel restrictions in these challenging times, AirAsia is committed towards connecting people to their critical needs, and I would like to commend our AirAsia Health team for facilitating this medical charter flight from Medan into Penang. The next medical charter flight from Indonesia will be from Jakarta to Kuala Lumpur on 24 August.


“These are stressful times for families with members suffering from chronic illnesses that require specialised medical treatments. AirAsia is working closely with medical institutions and government authorities to ensure inbound patients have a seamless travelling experience from Indonesia to Malaysia. We will continue to work with strategic partners like Island Hospital in Penang, and with the full support of Malaysia Healthcare Travel


“Indonesia as a country accounts for the highest inbound healthcare tourists arriving into Malaysia. AirAsia Health will be launching an end-to-end online health and wellness platform on AirAsia.com in the very near future.”

Posted by Expertise > 2020-08-14 20:21 | Report Abuse

Airasia @4.50

Posted by stockraider > 2020-08-14 20:21 | Report Abuse

Just cut loss & run lah!

Posted by greedy44444 > 2020-08-14 20:23 | Report Abuse

AA going to become stronger after the pandemic over next year

We project MAHB to record a net loss of RM301mil in FY20F, but turn around with net profits of RM383mil and RM498mil in FY21–22F on the gradual recovery of the air travel and tourism industries as the Covid-19 pandemic subsides.
We project MAHB’s passenger traffic to contract by 60% in FY20F (slightly more cautious vs. a 49–50% contraction forecasted by Mavcom), but subsequently rebound by 75% in FY21F and further grow by 35% in FY22F. The key risk to our assumptions is the actual timing of the reopening of international borders as international passengers historically made up ~50% of MAHB’s total traffic (implied in our assumptions is that international borders will gradually reopen from end-2020/early 2021). Already, the Malaysia-Singapore border is slated for reopening from 17 Aug 2020, subject to travellers completing substantial paperwork and complying with a long list of conditions.
On a monthly basis, MAHB’s passenger traffic has been on a recovery trend. From only 1% of the passenger traffic recorded the year before in Apr 2020 at the height of the pandemic, MAHB’s July 2020 numbers improved to 20% of the year before. We believe the passenger traffic could potentially recover to 50% of pre-Covid-19 level by the end of FY20F, mainly driven by demand from domestic passengers (particularly between East and West Malaysia), as well as improvement from the international passengers traffic (as cross-border travel gradually resumes).

Posted by fitman > 2020-08-14 20:24 | Report Abuse

how to assume AA can start make money when there is still no vaccine ?

Posted by stockraider > 2020-08-14 20:26 | Report Abuse

Stop n pls Don rely on pipe dream!!

Just wake up n b rational loh...!!

Tough life mah...!

Posted by greedy44444 > Aug 14, 2020 8:23 PM | Report Abuse

AA going to become stronger after the pandemic over next year

We project MAHB to record a net loss of RM301mil in FY20F, but turn around with net profits of RM383mil and RM498mil in FY21–22F on the gradual recovery of the air travel and tourism industries as the Covid-19 pandemic subsides.
We project MAHB’s passenger traffic to contract by 60% in FY20F (slightly more cautious vs. a 49–50% contraction forecasted by Mavcom), but subsequently rebound by 75% in FY21F and further grow by 35% in FY22F. The key risk to our assumptions is the actual timing of the reopening of international borders as international passengers historically made up ~50% of MAHB’s total traffic (implied in our assumptions is that international borders will gradually reopen from end-2020/early 2021). Already, the Malaysia-Singapore border is slated for reopening from 17 Aug 2020, subject to travellers completing substantial paperwork and complying with a long list of conditions.
On a monthly basis, MAHB’s passenger traffic has been on a recovery trend. From only 1% of the passenger traffic recorded the year before in Apr 2020 at the height of the pandemic, MAHB’s July 2020 numbers improved to 20% of the year before. We believe the passenger traffic could potentially recover to 50% of pre-Covid-19 level by the end of FY20F, mainly driven by demand from domestic passengers (particularly between East and West Malaysia), as well as improvement from the international passengers traffic (as cross-border travel gradually resumes).

Posted by moneypedia > 2020-08-14 20:36 | Report Abuse

no pipe dream so pipe curut better gah ilu maciam gah

Posted by tkl88 > 2020-08-14 20:41 | Report Abuse

tamp0i, wow, unbelievable, highest is @4.75 ah !!!
Like that I got superb confidence at Airasia already lah!!!
Now, if not break above RM4.00 I won’t sell any single share liao lah !!!

Huat ah ! Heng ah ! Ong ah !

Posted by 24HoursProducing > 2020-08-14 21:13 | Report Abuse

Everyone can fly. Started with 1000 shares in AA. Pls...

Posted by Newbn00b > 2020-08-14 22:13 | Report Abuse

Will it drop back to 0.6 to let everyone can own it?

Posted by Expertise > 2020-08-15 00:52 | Report Abuse

Still got chances

Posted by newbie5354_ > 2020-08-15 04:51 | Report Abuse

IB TP how much? Q2 2020 QR why no news?

Posted by Cheong88 > 2020-08-15 06:10 | Report Abuse

https://ir.airasia.com/misc/AAGB-Prelim-2Q20-Operating-Statistics.pdf

Posted by Onlineone > 2020-08-15 12:19 | Report Abuse

I don't see aviation will pick up in 2020. run from airlines stock for now.

Posted by BearishTrend > 2020-08-15 13:02 | Report Abuse

it's ok..little bit correction b4 fly back above 80cts