Posted by Cash_Is_King > 2020-11-11 00:29 | Report Abuse

I found this article for you: - https://www.investing.com/news/coronavirus/medicagos-covid19-vaccine-triggers-immune-response-in-earlystage-trial-2345052

More and more vaccines news after Phizer

Posted by night_shadow > 2020-11-11 01:42 | Report Abuse

Airlines in US different they are still flying, in Malaysia CMCO most aircrafts still grounded, ride on short sentiment so be careful

Posted by tkl88 > 2020-11-11 01:46 | Report Abuse

Wow, oil price continue to spike up !
As at 1.20am,
Nymex=> $41.29 ‪(+1.00) (+2.48 %)‬
Brent => $43.44 ‪ (+1.04) (+2.45 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by Victor Yong > 2020-11-11 06:23 | Report Abuse

The positive signs in the 2019 property market are seen to have diluted due the aftermath of COVID-19 pandemic. The pandemic has immensely taken its toll on the world economies and the Malaysian economy, in particular tourism-related sectors such as airlines, retail, food and beverage and hospitality as well as the manufacturing and selected services sector.
The nationwide lockdowns and international travel restrictions imposed by countries to curb the spread of the outbreak has led to the severe decline in tourist arrivals in Q1 2020. According to Tourism Malaysia, the country recorded 4.23 million international tourist arrivals in Q1 2020, a decrease of 36.8% compared to Q1 2019. The tourist expenditure for Q1 2020 recorded a total of RM12.5 billion, a decrease of 41.5% compared to RM21.4 billion registered in Q1 2019. In line with the MCO, the Ministry of Tourism, Arts and Culture has cancelled the Visit Malaysia 2020 campaign with effect from 18 March 2020.

Posted by tkl88 > 2020-11-11 07:38 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by Good123 > 2020-11-11 07:49 | Report Abuse

However, we have to bear in mind that the vaccine requires more data collection and would also need approvals.

“After the approval stage, it will need time to ramp-up production for it to be widely available, ” he told StarBiz, adding that the earliest expectation for the vaccine to be widely available would be in the third quarter next year.

Posted by Steady Punpipi > 2020-11-11 08:06 | Report Abuse

Vaccine is a politikal conspiracy but Covid 19 is even Bigger Politikal Conspiracy for the avg ppl like us

Posted by DrJoel88 > 2020-11-11 08:53 | Report Abuse

Now the question is, can they sustain themselves till the Real vaccine comes out. Not the Pfizer one as that needs -70degrees C. And i doubt our country would be able to get the logistical and storage part yet. Fingers crossed

Posted by SamLiRainMaker > 2020-11-11 09:25 | Report Abuse

Vaccine might be available by end of year but not now. Yesterday profit taking and switch to Minetec now.

Posted by rr88 > 2020-11-11 10:18 | Report Abuse

When volume disappear, you get out. That is all that there is to it. Because it will return to its shit hole it came from.

Posted by Qbb99 > 2020-11-11 10:30 | Report Abuse

Soon everyone can fly again . Many thanks to all the scientist and researchers for finding the vaccine

Posted by CUTLOST > 2020-11-11 10:54 | Report Abuse

Thanks Gets.. Sold air asia.. Bought Gets yesterday

Posted by Goku88 > 2020-11-11 10:57 | Report Abuse

I think tomorrow onwards Airasia will be operational, faster book your ticket, this coming quarter u will see Airasia making huge profits. Believe it lol

Posted by strattegist > 2020-11-11 11:10 | Report Abuse

red

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

https://www.axios.com/pfizer-ceo-albert-bourla-stock-sale-covid-vaccine-c380a500-ee02-4106-befe-88b08c656d39.html

Posted by Tiong Kung King Zien > 2020-11-11 12:13 | Report Abuse

no mahathir support tony is nothing

Posted by Tiong Kung King Zien > 2020-11-11 12:14 | Report Abuse

airaxia willdrop till 20cent。。。now 60cent is because got people make it up tostay at price

Posted by strattegist > 2020-11-11 12:23 | Report Abuse

red

Posted by Cakes Moon > 2020-11-11 12:51 | Report Abuse

Better buy some lots to keep for long term.

Posted by KAQ4468 > 2020-11-11 12:52 | Report Abuse

Aiyaaaaa...





Posted by i3lurker > Nov 11, 2020 12:25 PM | Report Abuse

8 more QR of losses

you go figure it out how much NTA left

Posted by rr88 > 2020-11-11 14:24 | Report Abuse

No money. Right issue coming. Will drop to half price. Yesterdays crook clearing position.

Posted by strattegist > 2020-11-11 14:58 | Report Abuse

red

Posted by samo50sg > 2020-11-11 15:23 | Report Abuse

https://www.channelnewsasia.com/news/asia/malaysia-china-covid-19-vaccine-priority-list-wang-yi-13271934

Posted by samo50sg > 2020-11-11 15:25 | Report Abuse

Different Vaccine. Different temperature Storage and logistics needs.

Posted by samo50sg > 2020-11-11 15:28 | Report Abuse

Singapore have production capability, we don't. And Vaccine don't have wing wings.

Posted by strattegist > 2020-11-11 17:32 | Report Abuse

closed red

Posted by Onlineone > 2020-11-11 17:37 | Report Abuse

as predicted... closed red of course.

Posted by sakthi > 2020-11-11 18:16 | Report Abuse

Rights issue made easier for companies to raise funds
KUALA LUMPUR (Nov 10): Companies are allowed to proceed with their proposed rights issue once the controlling shareholders are giving the irrevocable undertaking to subscribe for their full entitlement.
Companies could undertake the cash call even in the scenario that minority shareholders give it a cold shoulder.
Both the Securities Commission Malaysia (SC) and Bursa Malaysia have announced a temporary relief measure allowing eligible listed issuers to obtain mandated shareholder approval at a general meeting to undertake rights issue exercises.
"As a result of the pandemic and the Movement Control Order, many listed issuers are facing operational challenges, including raising working capital and repaying bank borrowings.
An expedited process for rights issues will enable eligible listed issuers to be more agile as they can raise funds from their existing securities holders in a shorter time frame to meet their capital and financial needs," said the regulators in a joint statement.
Under the expedited process, the regulators said eligible listed issuers, namely the public-listed companies and listed real estate investment trusts (REITs), will be granted greater flexibility to manage market uncertainties while making capital calls, and fast-track secondary fundraising, subject to certain safeguards.
For instance, the regulators said, the eligible listed issuers must have controlling shareholders who will provide an irrevocable undertaking to subscribe for their full entitlements, with not more than a 30% discount to the theoretical ex-rights price on these newly issued shares or units.
In other words, underwriters are not required to take up the unsubscribed portion of the rights issue, should minority shareholders decline to fork out more capital.
However, the rights issue exercises implemented with mandate obtained under the temporary relief measures are subjected to certain conditions. For instance, such rights issue must be a plain vanilla issuance where it can only be utilised for ordinary shares or units. This is not applicable to other types of securities such as warrants or convertible shares, according to the statement.
The statement said the temporary flexibility to allow expedited rights issue exercises by public-listed companies and listed REITs will be introduced through an enhanced rights issue framework.
The framework allows companies to issue new rights shares or units to their existing securities holders on a pro rata basis, up to 50% of the total number of issued shares or issued units, according to the joint statement.
This means that the shareholding dilution could not be more than 50% as a result of the rights issue to be undertaken under this enhanced framework.
The new general mandate for rights issue is in addition to the enhanced 20% general mandate for the issue of new securities, commonly utilised for private placements. Both relief measures are valid until Dec 31, 2021, said the statement.
The SC and Bursa Malaysia said they will continue to monitor evolving developments in the securities and financial markets which have been affected by domestic and global events, to evaluate and recalibrate measures to support an efficient and resilient market.

Posted by Victor Yong > 2020-11-11 18:21 | Report Abuse

Yesterday dah cash out. Thank god tak greedy

Posted by Victor Yong > 2020-11-11 18:23 | Report Abuse

Currently menilai MCT dan sunway serta sunway pr pulak

Airasia , tunggu right issue atau icps nya

Posted by Victor Yong > 2020-11-11 18:49 | Report Abuse

KUALA LUMPUR (Nov 11): Malaysia Airports Holdings Bhd's (MAHB) network of airports recorded 2.6 million passengers in October 2020, a decline of 78.1% from October 2019 and a decrease of 25.7% from 3.5 million in September.

“Malaysia’s traffic performance in October was largely affected by the resurgence of COVID-19 cases, resulting in the re-imposition of Conditional Movement Control Order (CMCO) to control the pandemic.

“Nevertheless, KLIA continues to maintain essential connectivity to the world in this challenging operating environment, with 35 airlines currently operating to 31 destinations in 23 countries,” said MAHB in its monthly passenger traffic snapshot on Bursa Malaysia today.

Domestic and international passenger movements for the month were at two million and 600,000 passengers respectively, representing a decline of 67.4% and 89.7% from a year ago.

Last month, passenger movements at airports in Malaysia plunged 92.1% on a yearly basis to 700,000, while domestic and international sectors saw 600,000 and 89,000 passengers, representing a drop of of 86.2% and 97.9% respectively.

Overall aircraft movements decreased by 77.3%, with domestic and international aircraft movements falling by 70.5% and 88.1% respectively over October 2019.

In KLIA, passenger movements fell 95.8% over October 2019 to 212,000, with domestic and international passenger movements dropping by 91.1% and 97.6% respectively.

The KLIA Main Terminal and klia2 did not fare much better, with passenger movements plunging by 96.2% and 95.5% respectively.

Passenger movements at MASB airports decreased by 86.8% year-on-year over October 2019 with 465,000 passengers, with domestic and international passenger movements decreasing by 83.8% and 99.7% respectively over October 2019.

Meanwhile, aircraft movements in October 2020 decreased by 69.7% over October 2019.

Istanbul Sabiha Gökçen International Airport (SGIA) passenger movements declined by 39.8% in October 2020 over the same period last year with 1.9 million passengers.

Domestic and international passengers decreased by 23.6% and 62.5% with 1.4 million and 492,000 passenger movements respectively.

Total aircraft movements decreased by 32.1% in October 2020. Domestic and international aircraft movements decreased by 13.6% and 55% respectively over October 2019.

MAHB said Istanbul SGIA passenger movements has shown sustained growth momentum with passenger movements reaching 1.9 million, achieving 61% of October 2019 passenger traffic, with domestic and international passenger movements each capturing 77% and 38% of the respective passenger movements recorded in October 2019.

Furthermore, Salam Air has been added to the list of foreign airlines resuming operations to Istanbul SGIA from Muscat, Oman with two flights weekly and registered as the fifth busiest airport in Europe with an average of almost 500 daily flights in October, said MAHB.

The counter closed 11 sen or 2.11% up at RM5.33, giving it a market capitalisation of RM8.84 billion.

Posted by Victor Yong > 2020-11-11 18:50 | Report Abuse

KUALA LUMPUR (Nov 11): Airlines in Malaysia could take three years to bounce back from the coronavirus pandemic, depending on the outbreak in the country and abroad, the transport ministry said.

The minister said earlier this week that in the Malaysian Aviation Commission's (Mavcom) revised projections for passenger traffic this year, it expects passenger numbers to shrink as much as 75.6% to 26.6 million, compared with the 109.2 million passengers recorded in 2019.

"In this regard, airlines are expected to need a period of three years to fully recover situation from the impact of the Covid-19 epidemic, subject to the of the outbreak in the country and abroad," he said in a written parliamentary reply dated Monday.

Airlines globally have taken a hit from the pandemic as governments shut borders and grounded flights to contain the spread of the virus.

Mavcom first revised lower its 2020 passenger traffic forecast in June, expecting a contraction of as much as 50.3%, to 54.3 million passengers.

Malaysia's national carrier Malaysia Airlines and the long-haul unit of AirAsia Group Bhd, AirAsia X Bhd, have both cut staff and announced restructuring plans.

AirAsia Group has also lowered its market recovery expectations.

The Malaysian arm of Indonesia's Lion AirMalindo Air has also launched a retrenchment exercise.

Posted by tkl88 > 2020-11-11 19:52 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 %)
Brent => $45.16 ‪(+1.55) (+3.55 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by Cakes Moon > 2020-11-11 20:39 | Report Abuse

Hoseh! Buy petron!

Posted by BATFLY > 2020-11-11 21:04 | Report Abuse

Globally in the past week, cases of COVID-19 have increased by 8%, compared to the previous week, resulting in over 3.6 million new cases, while new deaths have increased by 21% to over 54 000. This brings the cumulative numbers to over 49.7 million reported cases and over 1.2 million deaths globally since the start of the pandemic.

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

As long as no improvement in covid plus lockdown, airline will die of natural death.. So have to extra careful when buying..

Posted by sakthi > 2020-11-11 23:04 | Report Abuse

Malaysia says aviation firms may need three years to recover from Covid-19

Posted by sakthi > 2020-11-11 23:05 | Report Abuse

Airlines in Malaysia could take three years to bounce back from the coronavirus pandemic, depending on the outbreak in the country and abroad, the transport ministry said.
Transport Minister Wee Ka Siong said earlier this week that in the Malaysian Aviation Commission's (MAVCOM) revised projections for passenger traffic this year, it expects passenger numbers to shrink as much as 75.6% to 26.6 million, compared with the 109.2 million passengers recorded in 2019.
In this regard, airlines are expected to need a period of three years to fully recover the situation from the impact of the Covid-19 epidemic, subject to the of the outbreak in the country and abroad," Wee said in a written parliamentary

Posted by sakthi > 2020-11-11 23:06 | Report Abuse

Airlines globally have taken a hit from the pandemic as governments shut borders and grounded flights to contain the spread of the virus.
MAVCOM first revised lower its 2020 passenger traffic forecast in June, expecting a contraction of as much as 50.3% to 54.3 million passengers.
Wee said passenger demand had fallen from 280,321 a day in January to 59,378 a day in September, adding that the ministry continued to work with the Tourism Ministry and airlines to increase the public's confidence to use aviation services to revive the domestic tourism sector.

Posted by KAQ4468 > 2020-11-11 23:06 | Report Abuse

Sudah stop kongkek ka Tony?

Posted by KAQ4468 > 2020-11-11 23:07 | Report Abuse

Wakakakaka

Posted by samo50sg > 2020-11-11 23:54 | Report Abuse

https://www.scmp.com/week-asia/economics/article/3109441/travel-bubble-singapore-goes-gaga-hong-kong-trips-sparking?utm_content=article&utm_medium=Social&utm_source=Facebook#Echobox=1605099900

Posted by Qbb99 > 2020-11-12 08:14 | Report Abuse

The vaccine BNT 162-01 is already in Belgium. 50 m doses by this year end and 1.3 b doses by 2021. Soon we can all fly again.

Posted by Cakes Moon > 2020-11-12 09:20 | Report Abuse

Walao, this airasia keep dropping.
Buy at 73 cents, now left 63 cents~

Posted by B4b4 > 2020-11-12 09:21 | Report Abuse

Can buy and wait for the good old days where everyone can fly

Posted by kopi peng > 2020-11-12 09:41 | Report Abuse

wash wash wash, got wash only got chance

Posted by strattegist > 2020-11-12 09:43 | Report Abuse

red

Posted by Expertise > 2020-11-12 10:23 | Report Abuse

Take a lesson don’t chase high @cakes moon...will drop back to 50ents

Posted by sampooler > 2020-11-12 10:38 | Report Abuse

So cheap now. :)))

Posted by strattegist > 2020-11-12 10:59 | Report Abuse

green