Posted by Alex™ > 2020-08-28 20:31 | Report Abuse

Already coma d, now eat 1-2 punch

Posted by Alex™ > 2020-08-28 20:34 | Report Abuse

Tue 9am sell car sell house x3 margin all in

Posted by yong99 > 2020-08-28 20:35 | Report Abuse

promoter of the year goes to.......tkl88

Posted by Alex™ > 2020-08-28 20:37 | Report Abuse

Noob kenanga call sell 38sen

Posted by Alex™ > 2020-08-28 20:37 | Report Abuse

When analyst call sell, just buy

Posted by abang_misai > 2020-08-28 20:40 | Report Abuse

Are you sure? When analyst asked to sell MAS, I sold too. That was the right decision.

Posted by Alex™ > 2020-08-28 20:41 | Report Abuse

Okok sell... Tue sell down 30sen

Posted by theidiotone > 2020-08-28 20:54 | Report Abuse

next week we will stand some good chances to buy in Airasia at 0.50-0.6 level

Posted by theidiotone > 2020-08-28 20:55 | Report Abuse

guys, ready more cash to buy at 0.50 next week ya..

Posted by theidiotone > 2020-08-28 21:11 | Report Abuse

again, standby to buy in within first hour of the market session. to enter at 0.60 price level, then 0.50

Posted by Up_again > 2020-08-28 21:20 | Report Abuse

Guys better confirm there is no major shareholder margin call
Else like genting hk

Posted by HamsterHuat > 2020-08-28 21:41 | Report Abuse

extending RMCO until year end will surely deepen crisis in AA.

another 900million losses Soon or more.

Posted by theidiotone > 2020-08-28 21:48 | Report Abuse

this is true. RMCO extension is a significant punch to AIRasia

Posted by Loh Kok Wai W > 2020-08-28 21:51 | Report Abuse

go south.....

Posted by tkl88 > 2020-08-28 22:03 | Report Abuse

Yes, me too standby bullets already if further discount will accumulate more coz i believe once everything back to normal either by end of 2020 or early of 2021, it’s share price definitely will back to it’s previous level before the pandemic which is around RM4.00 ~ RM5.00

But, everyone waiting to buy cheap, where got so many cheap discount shares to sell to you?
I also wanted to buy many more cheap discount shares in order can subscribe more right Issue shares and also the excess shares subscription, but who is so generous to sell it to us ?

Posted by Onlineone > 2020-08-28 22:18 | Report Abuse

Weird guy... back to normal by end of 2020? Come on lah...

Posted by Will188 > 2020-08-28 22:42 | Report Abuse

Tkl88.. Its time to manage ur risk I. This cou ter if any. Want buy cheap, wait AA's PP.. Who is AA/Fernandes.. Even Mas airline also need to go..

Posted by Good123 > 2020-08-28 22:52 | Report Abuse

PUTRAJAYA (Aug 28): Reopening the borders will be the last thing for the Government to consider in its fight against COVID-19 to prevent new transmissions in the country, said Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.

He said the Government had previously mulled over opening the country's borders to allow entry of foreign workers from Thailand and Indonesia but had to put it on hold following the current COVID-19 situation which saw many imported cases being reported.

"The special ministerial meeting yesterday decided that we would be stricter in terms of reopening the country's borders as there are countries which have experienced an increase in the number of infections due to imported cases after relaxing their borders," he told reporters after officiating the 40/2020 Malaysian Defence College Course graduation ceremony here today.

He was commenting on AirAsia Group CEO Tan Sri Tony Fernandes' call for ASEAN leaders in green zone countries to consider reopening their borders.

Ismail Sabri said at the moment, no country can be considered as COVID-19 green zones.

He said the Government had previously identified six COVID-19 green zone countries for conditional reopening of international borders namely Singapore, Brunei, New Zealand, Japan, Australia and South Korea but it will be reconsidered after several countries including South Korea and Australia recorded an increase in the number of new cases.

Posted by DannyArcher > 2020-08-28 23:28 | Report Abuse

@tkl88

AA back to RM4 to RM5? Do you even know what you are investing in? Last time RM3 to 4 is because AA gives good dividend, and how they do it? By selling their planes and then rent it back. The make money selling all of their planes and give out as dividends. AA now got nothing but debt, no growth, no asset, no nothing....

Posted by DannyArcher > 2020-08-28 23:31 | Report Abuse

RM0.10 also must consider... the minute vaccine is announce by USA, AA will fly and I can guarantee you Tony/AA will do Rights Issue... or whatever it takes to save AA, then the stock price will dive again.

Invest in AA, better invest in other tourism counter.

Posted by Win288288 > 2020-08-28 23:37 | Report Abuse

Goodbye AA

Posted by tkl88 > 2020-08-28 23:48 | Report Abuse

We r buying AA is for future price like current glove conters price i.e. Above RM20 ~ RM30
And also we will getting dividends once AA’s business is back to normal...
We r also very proud to attend AA’s AGM every year !
For those who wanted to have early retirement, you should Sailang on AA now !

Posted by freddiehero > 2020-08-29 00:26 | Report Abuse

aa now high dept with cash burn too fast.. with just 1 qr

Posted by Up_again > 2020-08-29 01:32 | Report Abuse

AAX has more than rm 6b debt with negative equity.
Going south if rmco extended 6 months

Posted by DreamGladiator > 2020-08-29 02:28 | Report Abuse

lagi tidor juga kah

Posted by DreamGladiator > 2020-08-29 02:28 | Report Abuse

still holding juga kah

Posted by DreamGladiator > 2020-08-29 02:28 | Report Abuse

apa daah

Posted by DreamGladiator > 2020-08-29 02:29 | Report Abuse

don't know when going to move

Posted by DreamGladiator > 2020-08-29 02:29 | Report Abuse

no idea

Posted by DreamGladiator > 2020-08-29 02:29 | Report Abuse

no clue

Posted by Good123 > 2020-08-29 07:03 | Report Abuse

KUALA LUMPUR, Aug 27 ― There has been no discussions with regards to the potential merger between Malaysia Airlines Bhd and AirAsia Bhd, Deputy Transport Minister Hasbi Habibollah told the Parliament today.

He added that currently, the merger of the two airline companies is only at the planning stage.

Hasbi said this in reply to a supplementary question on the merger from Syed Ibrahim Syed Noh (PH-Ledang) during the Dewan Rakyat sitting today.

Earlier on, he said the Covid-19 pandemic had adversely affected the nation’s airline industry, with statistics showing a downtrend in domestic and international passengers starting March 1, 2020.

Passenger demand had plummeted from 280,321 passengers per day in January 2020 to 7,500 passengers per day in May this year.

“Based on the projected Malaysian passengers traffic scenario this year, the Malaysian Aviation Commission (Mavcom) expects passenger traffic in June 2020 to decline to between 54.3 million and 56 million passengers, equivalent to a decrease of between 48.7 per cent and 50.3 per cent,” said Hasbi.

He said Mavcom will continue to review the projection based on current developments, adding that the airline industry’s domestic and international sectors’ recovery from the Covid-19 pandemic’s impact is expected to take 18 months and three years, respectively. ― Bernama

Posted by Good123 > 2020-08-29 07:35 | Report Abuse



This file photo shows aircrafts of AirAsia group at Don Mueang International Airport in September 2019. Thai AirAsia and Thai AirAsia X are among seven Thai airlines seeking state help to weather the coronavirus crisis.

BANGKOK (Reuters) - Seven Thai airlines are seeking a combined 24 billion baht (US$770 million) in low interest loans and other support measures, the government said on Friday, joining carriers across the world in requesting state help to weather the coronavirus crisis.

Airline executives made the request to Prime Minister Prayuth Chan-ocha, aiming to maintain liquidity and avoid layoffs, the government said in a statement.

"The government will consider the requests from the airlines and find ways to support operations, including unlocking air travel, and boost domestic tourism," Prayuth said.

The airlines, mostly low-cost carriers, are Thai AirAsia, Thai AirAsia X, Thai Smile, Thai Lion Air, Thai Viet, Nok Airlines and boutique carrier Bangkok Airways Pcl .

NokScoot entered liquidation in June, months after the carriers previously sought similar terms in April.

Commercial air travel has all but stopped as the coronavirus continues to spread and Southeast Asia's second-largest economy contracted over 12% in the April-June period, hit by a decline in its tourism sector.

Thailand, which had a record 39.8 million tourist arrivals last year, has recorded no foreign visitors since April when it imposed a travel ban.

The government this month scrapped plans for a "travel bubble" agreement with select countries as the number of infections rose in Asia.

National carrier Thai Airways International Pcl has been under bankruptcy protection since May and a court will decide in September if the company can go ahead with restructuring proposals.

Its budget arm Nok Airlines in July received bankruptcy protection.

The airlines also urged the government to extend a tax deduction for jet fuel and reduce landing and parking fees at airports.

Posted by DickyMe > 2020-08-29 10:14 | Report Abuse

"
abang_misai Are you sure? When analyst asked to sell MAS, I sold too. That was the right decision.
28/08/2020 8:40 PM"

===================================

In the case MAS, you don't need analyst, even a schoolkid can tell you MAS is a useless bangsat company. Full of bloodsuckers from top to bottom. It exist not to serve but to pilferage and enrich.

So don't think the half baked Malaysian analyst are any good.

Posted by Alex™ > 2020-08-29 10:32 | Report Abuse

U tot Jan 1 2021 ticket fully sold back to normal ka?

Posted by Alex™ > 2020-08-29 10:34 | Report Abuse

Aiya... Analyst need celeri ma. U never know they are pressured to write and then trade against their clients. Not a novel thing.

Read, but remember

Crowd is rarely right. In this case, all analyst call sell.

Posted by Alex™ > 2020-08-29 10:35 | Report Abuse

Then u folo sell. Welcome to Herd bias

Posted by Ryan83 > 2020-08-29 11:09 | Report Abuse

PKPP extends until 31st December 2020..No international flights allow for Airasia to other countries e.g Indonesia,Thailand,Philippines,Vietnam,Cambodia,Myanmar.Expect Airasia to lose another 1-1.5billion 3rd and 4th quarter.Needs to offer rights issues 3-5billions shares to raise at least RM1-2billions to survive until next year 2021

Posted by theidiotone > 2020-08-29 11:12 | Report Abuse

rm4-rm5 ? that is no longer possible, my friend. if you say rm1.5 by 2021. then still can be reasonably acceptable.

Posted by Good123 > 2020-08-29 11:25 | Report Abuse

like Genting HK :)

Genting Lim Kok Thay sm

HONG KONG: A cruise ship operator controlled by tycoon Tan Sri Lim Kok Thay (pic) suspended all payments to creditors, triggering a 36% drop in the company’s shares and denting investor confidence in Lim’s wider business empire.

Genting Hong Kong Ltd said it would use its available funds to maintain critical services for the company’s operations and asked creditors to form a steering committee to evaluate a planned restructuring proposal, according to a statement to the Hong Kong stock exchange (pic below) on Wednesday night.



The company owed a total of US$3.4bil as of July 31, it said.

The firm blamed the cash crunch on the coronavirus pandemic and said the payment halt will likely result in default. Lim owned 69% of the Hong Kong unit’s shares as of April 3, according to data compiled by Bloomberg. Malaysia’s casino-to-hospitality conglomerate Genting Bhd and its units previously imposed its first group-wide salary cut since its founding in 1965.

“For Genting, the financial stress may push the owner to sell the asset, or liquidate the entire firm, ” said Banny Lam, the head of research at CEB International Investment Corp. “Liquidation is not very likely, but there is such a possibility if Lim doesn’t have money and can’t find a buyer for its assets. In that case, equity holders rank behind bond holders to get compensated.”

Genting Hong Kong shares were down 33% at 2:31pm local time, after falling a record 36%. Genting Bhd shares were untraded due to a holiday in Malaysia. Genting Singapore Ltd fell 2.8%.

Malayan Banking Bhd and RHB Bank Bhd were the biggest contributors to Genting Hong Kong’s syndicated loans, according to data compiled by Bloomberg based on disclosed allocations at signing.

Genting Hong Kong was formerly known as Star Cruises, and operates the Star Cruises, Dream Cruises and Crystal Cruises lines. Back in February, passengers on the World Dream vessel were quarantined in Hong Kong after positive coronavirus cases were found on the ship.

The industry has been battered by lockdown measures and travel curbs across the globe. Hong Kong has barred non-residents from entering the city since March, while residents returning from abroad have to quarantine for two weeks.

Lim’s Genting Bhd operates casinos and resorts in Las Vegas and Singapore. It’s had to scale back operations as countries impose lockdowns, while consumers shun cruises after a few ships became sites of coronavirus outbreaks. The conglomerate, founded in Malaysia in 1965, is also involved in property, plantation and energy sectors as well as life sciences.

“Still early days and much will hinge on the outcome of 678 HK’s fund raising exercise and the restructuring of existing indebtedness, ” said Rui Oh, a director at United First Partners said. “If this is resolved, then likelier than not to have a positive bearing on the other entities but otherwise, there will be a need to dispose assets to raise cash.”

The Resorts World Las Vegas US$1bil 2029 bonds dropped 6.2 US cents to 93.5 US cents on the dollar, poised for the largest decline since April, according to Bloomberg-compiled prices. Resorts World Las Vegas is a wholly-owned indirect subsidiary of Genting Bhd and the latter is the keepwell provider for the securities.

Genting Bhd is also the keepwell provider for Genting Overseas Holdings Ltd’s US$1.5bil 2027 bonds, which fell 2.3 US cents to 99.6 US cents on the dollar, the prices showed. —Bloomberg

Posted by tkl88 > 2020-08-29 11:27 | Report Abuse

It's the matter to see whether TF wanted to be multi-billionare or not like what Supermax's managing director Datuk Seri Stanley Thai Kim Sim did it!

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

ALL Invest bank given TP below $0.50...it's time to start look back this company share price lo!!!TP 0.37!!!kikiki ...I finished sold all mine @$4.0 but now saw able grab it below 0.50,really amazing!!!!

Posted by Ryan83 > 2020-08-29 11:37 | Report Abuse

Airasia only covers ASEAN countries whereas Supermax exports gloves to international markets Asia,Europe,Latin America and USA.Airasia is not going to be profitable next year and debts more than RM10billions and shareholder equity RM200million only and coming 3rd QR becomes negative shareholder equity

Posted by Good123 > 2020-08-29 11:44 | Report Abuse

PUTRAJAYA, Aug 28 — Reopening the borders will be the last thing for the government to consider in its fight against Covid-19 to prevent new transmissions in the country, said Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob.

He said the government had previously mulled at opening the country’s borders to allow entry of foreign workers from Thailand and Indonesia but had to put it on hold following the current Covid-19 situation which saw many imported cases being reported.

“The special ministerial meeting yesterday decided that we would be more strict in terms of reopening the country’s borders as there are countries which have experienced an increase in the number of infections due to imported cases after relaxing their borders,” he told reporters after officiating the 40/2020 Malaysian Defence College Course graduation ceremony here today.

He was commenting on AirAsia Group CEO Tan Sri Tony Fernandes’ call for Asean leaders in green zone countries to consider reopening their borders.

Ismail Sabri said at the moment, no country can be considered as Covid-19 green zones.

He said the government had previously identified six Covid-19 green zone countries for conditional reopening of international borders namely Singapore, Brunei, New Zealand, Japan, Australia and South Korea but it would be reconsidered after several countries including South Korea and Australia recorded an increase in the number of new cases. — Bernama

Posted by Ryan83 > 2020-08-29 12:06 | Report Abuse

Comparing Airasia vs Supermax business is very illogical and irrational investment comparisons.Airasia has huge debts and will record quarterly losses until next year.Needs urgently to raise 2-3billons cash through rights issues and new bank borrowings before end of this year to sustain operations until next year.

Posted by DonWorryBeHappy > 2020-08-29 12:30 | Report Abuse

Gov has no intention to open border for tourists until q2 2021, it's really risky here.

Posted by maggiemee > 2020-08-29 12:48 | Report Abuse

The worst has been through soon new normal strategies apply then EVERYONE CAN FLY

Posted by Zuliana > 2020-08-29 12:49 | Report Abuse

AA masih solidarity mode

Posted by DickyMe > 2020-08-29 13:11 | Report Abuse

Pengkhianat Malaysia (PM) officially doomed AirAsia by extending MCO and closing borders.

Extended MCO is political in nature instead of prevention of disease.

Whatever it is governments around the globe are killing their economies with suicidal preventive method which lacks scientific evidence of curbing the pandemic. Caveman's solution, Medical sciencee failed big time.

Posted by DLLM99_kyy > 2020-08-29 13:17 | Report Abuse

HI All, Can I enter Airasia by After Vaccine out ?
Is that possible can travel to Myanmar ?
=)

Posted by freddiehero > 2020-08-29 13:18 | Report Abuse

u can try flight to Myanmar.. nice place