Posted by sampooler > 2020-10-14 17:13 | Report Abuse

@yongch pls sell..... but i know vaccine is very soon to release, i mean china vaccine.

Posted by strattegist > 2020-10-14 17:23 | Report Abuse

closed red

Posted by ericlee76 > 2020-10-14 17:29 |

Post removed.Why?

Posted by Jeffreyteck > 2020-10-14 17:30 | Report Abuse

The Personal Data Protection Department (JPDP) today confirmed that there is no issue of leakage and sale of personal data involving AirAsia Bhd Group..... Whether other countries have similar views???

Posted by Vulture123 > 2020-10-14 19:26 | Report Abuse

@Jeffreyteck Of course, all data should be subjected to Personal Data Protection Act. The CEO should not even touch on the matter in his Press interviews.

Posted by oskchoon > 2020-10-14 19:39 | Report Abuse

Khazanah have announced Firefly could become Malaysian National Airline incase Malaysian Airline is inslovant

Posted by oskchoon > 2020-10-14 19:41 | Report Abuse

So if Mr. Tony couldn't bailout AirAsia and AAX and closed down , then Firefly can also taking over the route of the AAX and AirAsia..

Posted by oskchoon > 2020-10-14 19:44 | Report Abuse

During the good time on 2018 and 2019, he should not be so greedy and paid a total of RM 1.30 special dividend to himself and other shareholders...

Posted by oskchoon > 2020-10-14 19:47 | Report Abuse

As a responsible CEO, he should approved normal dividend to shareholders and at least RM 2 to 3 billions as reserve to counter any unforeseen circumstances, so he has totally mismanaged AirAsia and AAX and he remains as the richest man in Asia, disregard whether AirAsia and AAX will shut down or not...

Posted by oskchoon > 2020-10-14 19:52 | Report Abuse

When something bad happens to AirAsia, he wants Finance Ministry to contribute money or better still all Malaysian should contribute money to bail out AirAsia and AAX and he did not even contribute his money to salvage his company and his only way to remains as CEO is to sack his employees....

Posted by Wind > 2020-10-14 19:55 | Report Abuse

Indeed, this is called transferring risk to others. After loan or fund being raised, even if the effort fails and AirAsia went bankrupt, he is still rich as his wealth is no disturbed at all. That is the fact. Rich remains rich and the poor remains poor.

Posted by Victor Yong > 2020-10-14 20:12 | Report Abuse

few billion RMs paid to shareholders in 2018 & 2019. New shareholders suffer saja

Posted by Victor Yong > 2020-10-14 20:13 | Report Abuse

Right issue or private placement

Posted by Victor Yong > 2020-10-14 20:16 | Report Abuse

Private placement to tony and kamal if any?

Posted by strattegist > 2020-10-14 20:53 |

Post removed.Why?

Posted by samo50sg > 2020-10-14 21:04 | Report Abuse

I wonder if Malaysians even sat in a firefly flight or seen a firefly jet. If it can even be called a jet plane.
Firefly, Malaysia's National airline. Run by the old MAS management will safely land in a disaster within 3 months.
Incredulous

Posted by samo50sg > 2020-10-14 21:07 | Report Abuse

And please name me one airline in the world that didn't have to sack anyone during the pandemic? And still surviving that is.

Posted by samo50sg > 2020-10-14 21:28 | Report Abuse

MAS have been lost making for almost a decade relying on Govt and bailout after bailout even after being privatised leaving investors pissed off.
Now that the funds have run out, the rakyat is pissed off..
Plan B is to use firefly? Wasn't Firefly ran by a non bumi? So what now? Sack the non bumi that made it successful and replace them with who?
MAS made the biggest mistake in not being transparent right from the start and not retrenching to please themselves.

Posted by huattttt > 2020-10-14 23:38 | Report Abuse

drop again tmr

Posted by snowball > 2020-10-14 23:53 |

Post removed.Why?

Posted by muniandy52 > 2020-10-15 00:08 | Report Abuse

now i can hear the reality from many investors about tony. he got a lot of karma to the retiree's who got carried away by his promising words on aa and aax.

Posted by Alfonso > 2020-10-15 07:33 | Report Abuse

Prestige is more important than living, tony never ever try to sell char kuih

Posted by Vulture123 > 2020-10-15 08:05 | Report Abuse

Realistically, mass air travel can only return to normal way into 2022. Any restructuring exercise need to ensure and focus on sufficient cash to be raised that can last the cash burn until end 2022 (not end 2020). Otherwise, it will be an exercise in futility.

Posted by ocpd > 2020-10-15 08:21 | Report Abuse

Luckily we have a wise and intelligent banker finance minister that didn’t buy into TF BS!

Posted by Jeffreyteck > 2020-10-15 08:31 | Report Abuse

WHO... only 3% vaccines by end 2021 for priority groups. Play on rumors:
.... data for 1b; authority said no issue. Do you think other countries will say the same?
.... G helps 1 b; already clarified is a no answer.
.... next? Nationwide industry restructuring is a must but everyone want to be the leader. Lol.
ST trading. MT dim. LT depending.

Posted by hahasong > 2020-10-15 10:23 | Report Abuse

The China vaccine may not be effective!

Because of the COVID-19 outbreak in Qingdao City, China!

We need masks! Need gloves!

PRLEXUS wants to fly! ESCERAM wants to fly!

Posted by warrenG > 2020-10-15 11:48 | Report Abuse

Mass air travel unlikely in next 2 years until Covid-19 vaccine widely available

https://mothership.sg/2020/10/ong-ye-kung-mass-air-travel-bloomberg/

Posted by bahai4453 > 2020-10-15 12:14 | Report Abuse

All us and europe vaccines failed. Only hope is Communist China now.

Posted by aliyusof > 2020-10-15 12:28 | Report Abuse

Next 2 years unlikely yo resume normal flying. Airasia cash burnt out soon. No cash injection, no white knights ans digital tak laku oranh oum tak percayai....how long its cash can last before bankrupcy? Government also give up MAS and shall use low cost Firefly to reboot it as national carrier. Airasia .....Airsia

Posted by Armanhashim > 2020-10-15 13:18 | Report Abuse

Airasia need to venture into glove and vaccine .. thats the only option now..even small company like kanger and bintai try to take advantage of the situation ..

Posted by strattegist > 2020-10-15 16:01 |

Post removed.Why?

Posted by oskchoon > 2020-10-15 17:34 | Report Abuse

Presently there is a white Knight to bail out AirAsia, it is Mr. Tony himself, but he intend to keep his billions dividend money safely somewhere...

Posted by CUTLOST > 2020-10-15 17:35 | Report Abuse

High debt

Posted by oskchoon > 2020-10-15 17:36 | Report Abuse

Somewhere very safe but he is willing to make his employees jobless and he remains as CEO of AirAsia...

Posted by oskchoon > 2020-10-15 17:40 | Report Abuse

In good times, he always said he loves and take good care of his employees, after getting billions dividend money from AirAsia, suddenly company is facing cash flow problem, he immediately blame everything and everyone except himself,... Why he doesn't care anymore about his so called loving employees... He is hypocrite and opportunists... Very sad...

Posted by newinvestor17 > 2020-10-15 18:47 | Report Abuse

Where is BJ (Betkaukau and Jaya? ?

When I used to tell BJ that AA would go below RM0.6, they kept bombarding me by giving me all the kinds of sing song talk Kok stories and what happened now ?

Already got embarrassed and now opened a new id ka ?

Posted by freddiehero > 2020-10-15 19:43 | Report Abuse

I'm saying wait after 3 red qr

Posted by freddiehero > 2020-10-15 19:43 | Report Abuse

now only show 2 red qr

Posted by freddiehero > 2020-10-15 19:44 | Report Abuse

I still miss my jackpot price here..

Posted by newbie1111 > 2020-10-15 22:55 | Report Abuse

Did AA release they cash burn rate recently? Seem like a important information for the shareholder

Posted by submariner > 2020-10-16 00:48 | Report Abuse

Should just freaking cut lost or what?

Posted by submariner > 2020-10-16 00:53 | Report Abuse

TF, should we continue to trust u?

Posted by ocpd > 2020-10-16 06:20 | Report Abuse

AA pushed back last Q loss to this Q, so be ready for some surprises!

Posted by Onlineone > 2020-10-16 06:44 | Report Abuse

Run from this counter. Those asking people to buy already trapped high up or bought at low price and want to entice new buyer so that they can profit.

Posted by Good123 > 2020-10-16 09:43 | Report Abuse



Turbulence galore: A Singapore Airlines plane is seen parked at Changi Airport. The carrier is said to be facing trying times because of the pandemic and the fact that it has no domestic market to fall back on. — AFP

SINGAPORE: The global aviation industry will take at least two years to recover from the coronavirus pandemic and mass travel to return, Singapore’s Transport Minister Ong Ye Kung said, stressing the importance of developing a widely available and effective vaccine to help countries open their borders.

“When a vaccine is widely available around the world and people gain confidence to travel again and visit other countries, then we will have aviation back on its feet, almost fully, ” Ong said an interview with Bloomberg Television.

“How long that will that take, I can’t make a guess, I would say minimally a couple of years.”

Singapore has to “find ways to try to revive” the aviation sector, the minister said, adding that the city-state’s testing capacity is now around 30,000 a day and may rise to 40,000 by November and probably further after then.

A balance needs to be struck between travel and epidemic control, Ong said.

Asked about Singapore Airlines Ltd (SIA), which posted a record quarterly loss in the three months through June and is reducing its workforce by about 20%, Ong said the carrier faced a “dire situation” because of the pandemic and the fact it had no domestic market to fall back on.

Virus-related travel restrictions mean SIA, which raised S$11bil (US$8bil) largely through a rights issue earlier in the crisis, is flying a tiny fraction of its usual capacity.

Traffic figures for August showed the carrier’s passenger numbers were down 98.4% from a year earlier.

Whether SIA needs to raise more funds will largely depend on how successful any revival in travel is, Ong said.

“The more we can revive, the more cash they can generate, the less their need for recapitalisation.”

A regulatory filing in August showed the airline had used half of the S$8.8bil it had raised through share sales, highlighting that carriers keep incurring expenses even when planes are left idle.

The company is reviewing its fleet and operations.

The International Air Transport Association, (IATA) which represents some 290 airlines, has said it doesn’t see passenger traffic recovering until at least 2024.

A recent IATA survey of travelers found that 83% said they wouldn’t travel if it involved a 14-day quarantine period.

To open borders and encourage people to travel again, quarantine must be replaced by effective Covid-19 testing, Ong said.

“We have to gradually open up the borders, establish the key links that made us a hub.”

Ong said Singapore will need to review plans for a fifth terminal at Changi Airport. Construction of the terminal, originally planned to be completed in 2030, has been suspended for at least two years.

“The assumptions when we went into Terminal 5 have totally changed, ” Ong said.

“I don’t have a prediction or a crystal ball to say what will happen to Terminal 5 and what will happen to global aviation.”

Singapore has pledged about S$100bil in stimulus measures to fight the effects of the pandemic, including wage subsidies that will last until March. — Bloomberg

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

This counter use some little brain also know is not worth to buy in anymore, cut loss and run for your life. pls consider, just run, forget the pain and learn to stand up again.

Posted by Alfonso > 2020-10-16 10:20 | Report Abuse

Tony, come out with some news lah!! for example char kuih business or Air-Glove also can. See Mah Sing share price lah, invincible Mah-Glove out already limit up. Please consider bro!

Posted by tamp0i > 2020-10-16 11:29 | Report Abuse

Yalor if me is Tony I'll goreng first by saying AA tapping in nitrile gloves, confirm 1.5 coming hahaha

Posted by strattegist > 2020-10-16 11:32 |

Post removed.Why?

Posted by freddiehero > 2020-10-16 15:37 | Report Abuse

yaka? y don't 0.005 goreng til 1.50 ?