Posted by Will188 > 2020-11-02 18:26 | Report Abuse

They need immediate PP. But now they eat own bullet coz shares dropping... Before PP take place. Maybe they scare shareholding diluted... Stupid selfish... Now PP also price already drop. Will drop down once PP noow

Posted by ocpd > 2020-11-02 20:18 | Report Abuse

TF wanna use PP as the last resort, as they wanna con finance minister and tax payers money first. Luckily we have a smart finance minister that didn’t buy his Indian BS. No banks in their sane mind would loan money to a bankrupt company when the founder is a billionaire and refuses to capitalize the company with a single sen of his own money first.

Posted by Bearrabbit > 2020-11-02 20:33 | Report Abuse

Jumped ship long time already so no need jump building

Posted by maggiemee > 2020-11-02 21:32 | Report Abuse

Everyone can eat air-si lemak at VIP lounge

Posted by superbullklse > 2020-11-03 00:11 | Report Abuse

反弹？
https://klse.i3investor.com/blogs/superbullklse/2020-11-02-story-h1535595129.jsp

Posted by wongchin > 2020-11-03 05:21 | Report Abuse

Tkl444 is shark proxy. If tiu ke lei ask u to buy. Thats mean shark are selling. Js go to KNM u will notice him there shouting buy non stop.

Posted by apanama > 2020-11-03 06:44 | Report Abuse

See you at 28sen

Posted by apanama > 2020-11-03 06:45 | Report Abuse

Everyone can 'fly' now..hahahaahha..fly to nowhere..:)

Posted by 8dragon > 2020-11-03 08:22 | Report Abuse

Bought 76 cents cut lost @ 58 cents...,

Posted by Play_Joy > 2020-11-03 08:41 | Report Abuse

very challenging now....either survive or PN17 lol...hope it can survive until covid-19 is over....meantime, 0.40-0.50 is inevitable...be ready to go below 0.50 and 0.45 and 0.40....every 5 for support

Posted by Donator > 2020-11-03 09:46 | Report Abuse

everyone can fly, fly to south...

Posted by rulethemarket > 2020-11-03 10:02 | Report Abuse

not looking good....

Posted by newbie1111 > 2020-11-03 10:34 | Report Abuse

AA is sinking into a downward spiral if no immediate injection of 1 billion USD

Posted by Victor Yong > 2020-11-03 12:10 | Report Abuse

Cannot fly now. How? :)

RM0 Dear Guest, your AirAsia flight AK 516 from KUL-HAN on 15Nov20 has been cancelled. Pls check your email for more info.

Posted by Alfonso > 2020-11-03 14:20 | Report Abuse

Too challenging for Tony at the moment, no body can fly, even got vaccine not also immediately can fly. It considers so much lucky if AA still can survive.

Posted by Alfonso > 2020-11-03 14:21 | Report Abuse

by knowing that no one can fly at the moment, what is your mitigation plan Tony other than posing in video like youtuber.

Posted by sampooler > 2020-11-03 15:10 | Report Abuse

https://www.thesundaily.my/local/airasia-wins-asia-s-leading-low-cost-airline-for-8-consecutive-years-YL4951735

Posted by 8dragon > 2020-11-03 15:42 | Report Abuse

Now AirAsia cannot fly.....

Posted by Tiong Kung King Zien > 2020-11-03 16:14 | Report Abuse

lucky Isell all aax

Posted by tkl88 > 2020-11-03 18:15 | Report Abuse

Wow, oil price continue to spike up !
As at 6.10pm,
Nymex at => $38.25 (+1.44) (+3.91 %)
Brent at => $40.36 (+1.39) (+3.57 %)

Huat ah ! Heng ah ! Ong ah !

Posted by BATFLY > 2020-11-03 21:46 | Report Abuse

It seems like many flights cancell or retime.. Don't see any light cos covid seems to be on the increase which lead to lockdown.

Posted by BATFLY > 2020-11-03 21:48 | Report Abuse

Airasia will collapse if borders are close until end of the year as no more fund to support.. Need at least Rm2 billion..

Posted by BATFLY > 2020-11-03 21:49 | Report Abuse

Sad to see world best low, cost airline sinking. Just pray for miracle as without AA we can't travel cheap..

Posted by samo50sg > 2020-11-04 01:04 | Report Abuse

I wonder how Airasia India and Airasia Philippines is doing...

Posted by tkl88 > 2020-11-04 07:33 | Report Abuse

Wow, Dow Jones continue to spike up !
Dow Jones closed at=> 27,480.03 (+554.98) (+2.06%) !

World stocks super bull market is coming !

Posted by masterus > 2020-11-04 08:42 | Report Abuse

Prime minister and vice president of the United Arab Emirates and ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, has said he received a coronavirus vaccine shot.

“We wish everyone safety and great health, and we are proud of our teams who have worked relentlessly to make the vaccine available in the UAE,” he wrote on Twitter on Tuesday.

Posted by Good123 > 2020-11-04 11:25 | Report Abuse

Stock in Mumbai-listed Jet Airways India Ltd has surged almost 150% this year versus a 42% plunge in the 27-member Bloomberg World Airlines Index, which comprises the globe’s biggest carriers.

MUMBAI: All airlines are feeling the coronavirus pinch but one that hasn’t flown since April 2019 after collapsing under a pile of debt is the world’s best performing – at least from a share price point of view.

Stock in Mumbai-listed Jet Airways India Ltd has surged almost 150% this year versus a 42% plunge in the 27-member Bloomberg World Airlines Index, which comprises the globe’s biggest carriers.

Its runaway gains have market watchers scratching their heads, especially since Jet Airways is undergoing bankruptcy proceedings, has almost 17,000 creditors seeking claims of around US$3.4bil and has had most of its landing slots confiscated.

It doesn’t have any employees to speak of, either.

A panel of creditors did approve a resolution plan last month, bringing the recovery of any dues one step closer, but that doesn’t guarantee a resumption of flights.

Retail investors are the last ones to get anything out of a bankruptcy, yet some are buying in the hope Jet Airways will successfully emerge from a restructuring, said Ajay Srivastava, managing director of advisory firm Dimensions Corporate Finance Services.

The airline isn’t being thought of as a going concern, but a shell containing assets that may be sold, he said.

In its heyday, Jet Airways was India’s No 1 private carrier, taking on the monopoly of state-run Air India Ltd and offering intercontinental voyages with free gourmet meals and in-flight entertainment.

But a slew of budget carriers that offered no frills, ultra-cheap tickets ate into its market share and Jet Airways started to drown in debt.

The resolution plan for Jet Airways was submitted by two individuals, Murari Lal Jalan and Florian Fritsch, exchange filings show.

Jalan is a businessman with investments in India, Russia and Uzbekistan.

Fritsch is the chairman of Kalrock Capital Management Ltd, a London-based financial advisory and alternative asset manager.

The filings don’t state how the men plan to restructure the airline.

Ashish Chhawchharia, the court-appointed professional running Jet Airways’ insolvency, didn’t respond to a request for further information.

Jalan, who is based in Dubai according to media reports, couldn’t immediately be reached for comment.

Manoj Madnani, described as a board member of the Jalan Kalrock consortium, asked last week that questions be sent over email and hasn’t immediately replied.

Other investors may be hoping Jet Airways goes “the Ruchi Soya way,” Srivastava said, with reference to a food company run by a yoga guru whose shares rocketed on thin volumes after an insolvency plan was approved.

Ruchi Soya Industries Ltd was acquired by a consortium led by Baba Ramdev’s Patanjali Ayurved Ltd late last year.

The founders held 99% of Ruchi Soya’s capital as of March 31. Its shares surged almost 500-fold on tiny volumes before pairing gains.

To limit that scenario in future, India’s securities regulator is considering changing the rules for firms emerging from bankruptcy, proposing that companies that relist have six months to boost their free float to at least 10%, down from 18 months currently.

Jet Airways has India covered, flying to about 45 destinations throughout the country from its primary hub in Mumbai and several secondary hubs.

The airline operates a fleet of more than 85 aircraft, mostly Boeing 737s.

Besides domestic service, Jet Airways flies to about 20 cities in Asia, Europe and North America.

It extends its offerings via code-sharing relationships with carriers such as Qantas and Brussels Airlines.

Subsidiary JetLite serves about 30 destinations, mostly in India. It was founded in 1993. — Bloomberg

Posted by shortinvestor77 > 2020-11-04 11:52 | Report Abuse

https://klse.i3investor.com/blogs/kianweiaritcles/2020-11-03-story-h1535599000-airasia_com_launches_airasia_Health_a_new_digital_platform_to_offer_end.jsp

Posted by shortinvestor77 > 2020-11-04 11:54 | Report Abuse

https://www.airasia.com/health

Posted by samo50sg > 2020-11-04 12:32 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2370666.html

Posted by samo50sg > 2020-11-04 12:35 | Report Abuse

I wonder if its a coincidence the minister was the guest in honor with TF in launching Redbeat alongside google regional head.

Posted by samo50sg > 2020-11-04 12:36 | Report Abuse

https://www.msn.com/en-us/health/medical/moderna-and-pfizer-e2-80-99s-covid-19-vaccine-candidates-require-ultra-low-temperatures-raising-questions-about-storage-distribution/ar-BB18rb7X

Posted by samo50sg > 2020-11-04 12:39 | Report Abuse

Hopefully Sabah gets the cold storage needed soon. Helps in the long term for marine exports. If the chinese can't get lobster from sabah. Tf can fly it to them.

Posted by tkl88 > 2020-11-04 12:45 | Report Abuse

Latest US election update !
As at 12.25pm,
Joe Biden already have 209 votes leading Donald Trump's 118 votes by 91 votes,
Joe Biden just need only another 61 votes then will won the US election !

Huat ah ! Heng ah ! Ong ah !

Posted by Good123 > 2020-11-04 13:46 | Report Abuse

KUALA LUMPUR (Nov 4): Malaysian-based airline Malindo Air has retrenched 2,647 employees since Nov 1, the Southeast Asian nation's human resources ministry said on Wednesday, as the coronavirus pandemic batters the aviation industry.

The carrier is an offshoot of Indonesia's Lion Air.

Posted by yongch > 2020-11-04 20:09 | Report Abuse

小小涨大大跌，这条黑皮又来玩弄可怜散户投资者了！！！TP 0.30!!!

Posted by KAQ4468 > 2020-11-05 00:06 | Report Abuse

Pasti mariiiiii

Posted by sampooler > 2020-11-05 10:47 | Report Abuse

technically, the double bottom is form (March end & Oct end) this year, it is in the uptrend.

Posted by harnam > 2020-11-05 12:35 | Report Abuse

now airasia open ipoh to langkawi??

Posted by KAQ4468 > 2020-11-05 13:31 | Report Abuse

Layan layan

Posted by newbie1111 > 2020-11-05 14:04 | Report Abuse

technically this company heading into liquidation if no large cash injection

Posted by samo50sg > 2020-11-05 14:46 | Report Abuse

If landing rightsbgranted for ipoh langkawi. Hopefully ipoh singapore will be soon as planned.

Posted by supafly83 > 2020-11-05 14:49 | Report Abuse

Bottomed at 0.51? Now a Bull market or bull trap?

Posted by sampooler > 2020-11-05 15:41 | Report Abuse

Technically, covid vac is avail/ready in the country by 1st quarter (jan, feb or mar).

Posted by sampooler > 2020-11-05 15:58 | Report Abuse

https://go.kompas.com/read/2020/11/04/173821174/indonesia-postpones-covid-19-vaccination-to-december-2020

Posted by samo50sg > 2020-11-05 17:17 | Report Abuse

https://www.theedgemarkets.com/article/britain-prepares-covid19-vaccine-oxford-forecasts-result-year
https://news.yahoo.com/brazil-buy-china-covid-19-215936589.html

https://www.livemint.com/science/health/south-korea-begins-review-of-oxford-covid-vaccine-11603789904443.html

Posted by NPRA1985 > 2020-11-05 18:21 | Report Abuse

Not bad

Posted by rr88 > 2020-11-05 18:54 | Report Abuse

Tee eye tee. Thambi in trouble.

Posted by yong1985cm > 2020-11-06 14:11 | Report Abuse

have any realise that the china domestic flight have go back to pre-covid level?

Posted by MK76 > 2020-11-06 14:57 | Report Abuse

Gogogo Airasia. Hope budget will have loans for airlines in danajamin!