Posted by SDR245 > 2020-11-24 19:26 | Report Abuse

Next 3 qr oso n loss. Be aware. Those who chase will stuck.

Posted by Flytothesky2 > 2020-11-24 19:29 | Report Abuse

https://www.chinapress.com.my/20201124/亚航9个月净亏26-5亿/
One year max only can earn 80m, now one COVID lose 2600m. 30 years also can not earn back. Say good bye to tony.

Posted by AllYouCanBuy > 2020-11-24 19:30 | Report Abuse

@tablesalt Nvmd about those who are in fear. Vaccines are getting approval within the next 2 months. Mass vaccination is beginning as early as 1/12 in the UK, 11/12 in the USA and by mid-December in Germany. Malaysia will be getting ours soon too.

Don't forget that Airasia has been rated Top 7 Stars by the health experts from Airlineratings. Com.

Whoever is in fear seeing the Q3 report please think twice before selling. No airline is in the positive territory now. Keep the faith!

Posted by Flytothesky2 > 2020-11-24 19:31 | Report Abuse

Open new aa also no need so much money. No hope.

Posted by SDR245 > 2020-11-24 19:32 | Report Abuse

To expensive now. Good luck those who holding.

Posted by greencode > 2020-11-24 19:36 | Report Abuse

Free fall tomrw onwards

Posted by Flytothesky2 > 2020-11-24 19:36 | Report Abuse

Genting asset many. Still expanding biz to international, aa also many. Debt many. Haha.

Posted by DannyArcher > 2020-11-24 19:46 | Report Abuse

AA will go into PN17 soon. Shareholders will carry the bag.
https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-announces-additional-relief-measures-to-provide-flexibilities-in-fundraising-and-ease-compliance-for-listed-issuers

By June 2021 if AA is still in this situation, which is likely to be since there is no way out, it will be classified as PN17. 6 more months.

Posted by DickyMe > 2020-11-24 19:48 |

Post removed.Why?

Posted by AllYouCanBuy > 2020-11-24 19:51 | Report Abuse

https://www.theedgemarkets.com/article/airasia-3q-net-loss-narrows-qoq-domestic-markets-show-recovery#.X7zvnQg2w5A.facebook

Posted by kcwong98 > 2020-11-24 19:52 | Report Abuse

Balance RM618 million cash in the balance sheet. Last Q net decrease in cash equivalent was RM1998 million. Will need a cash call.

Posted by frankco > 2020-11-24 19:52 | Report Abuse

how is AA going to survive with so much debt ?

Posted by Loading > 2020-11-24 19:55 | Report Abuse

now become 'flies' while Tonic Friedrice fly kite ...
its good to be positive but on the other hand must accept reality ..
Msia never join any vaccine develope programme means need to
wait longer .. and more expensive ..

Posted by tablesalt > 2020-11-24 20:18 | Report Abuse

I wonder if these guys are really trying to save the others from investing in AA or just wish to see the price drop so that they can enter cheaper.

Nevertheless, I have faith. If the price sustains, well, good. If it drops, we'll I'll add more and average down.

Good luck to all believers!

Posted by tablesalt > 2020-11-24 20:19 | Report Abuse

For me, if there is any airlines that have a bright chance of surviving this pandemic, it's AA.

Posted by DickyMe > 2020-11-24 20:20 | Report Abuse

In Malaysia, the only credible airline is AIRASIA.

The rest have integrity issue and you know who operates them.

Posted by limkokthye > 2020-11-24 20:24 | Report Abuse

everyone can die

Posted by EatCoconutCanWin > 2020-11-24 20:26 | Report Abuse

Malaysia 不累（boleh)

Posted by DickyMe > 2020-11-24 20:26 | Report Abuse

That is a known fact! Tell us something new.

Posted by Jefferson Lim > 2020-11-24 20:29 | Report Abuse

I’m sceptical whether Malaysian will like to see AA goes bankrupt? I know some haters keep talking bad and cursing AA.
What if AA goes bankrupt? I'm sure that Malaysians need to pay for exorbitant price air ticket as foreign airline companies monopolise or oligopolize our market

Posted by LewisLewis > 2020-11-24 20:33 | Report Abuse

You would think that AA would already know that their Quarter results will be bad, same goes to the holders, they expect an increase QoQ and in did happen. At the same time AA is already taking actions such as the partnering of Turkish airlines and readying itself with the health ratings. I'm just interested to see how they are gonna manage to relieve itself from the massive increasing debt

Posted by Scylla > 2020-11-24 20:36 | Report Abuse

Buy in now tomorrow will rocket

Posted by AllYouCanBuy > 2020-11-24 20:38 | Report Abuse

The teasers just enjoy creating fear. They will never buy AA. Yet, they fly with AA! Lol.

Posted by Ryan83 > 2020-11-24 20:50 | Report Abuse

Airasia 3rd QR loss RM850millions and NTA drops to 35sen only.4th QR loss will be much higher at least RM1billion and NTA will drop to less than 10sen.This 3rd QR NTA drops 25sen to 35sen from 60sen in 2nd QR.

Posted by cashflow > 2020-11-24 20:57 | Report Abuse

Airlines are experiencing the worst moment, but it will not disappear. In my view, this is the right time for those seeking to long. We will not see another pandemic soon, and it’s a unprecedented event, Airline can easily recoup their losses by increasing fares across the bar. They’ve already made deals with banks and lessors to defer payments. World is going to have rush into tourism again after 6 months vaccine goes public. Like everyone I am sceptical too, but not investment rewards without risks. My 2 cents

Posted by Ryan83 > 2020-11-24 21:09 | Report Abuse

Just wait for Airasia rights issue to raise at least RM1billion and bank borrowings another RM1billion.Airasia will post losses next year at least RM1billion and this year losses at least RM3.5billions.

Posted by sell > 2020-11-24 21:11 | Report Abuse

MCO over why still big loss?

Posted by DickyMe > 2020-11-24 21:13 | Report Abuse

"Posted by sell > Nov 24, 2020 9:11 PM | Report Abuse

MCO over why still big loss?"

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

Where did you live all this while?

BUTTHOLE???

Posted by sell > 2020-11-24 21:14 | Report Abuse

If 2 more qtrs loss like 25.5 sen NTA become -ve like AAX?

Posted by birkincollector > 2020-11-24 21:14 | Report Abuse

doubt any huge sell down...kinda expected

Posted by sell > 2020-11-24 21:16 | Report Abuse

Wait NTA -ve or RI come only sell?

Posted by AllYouCanBuy > 2020-11-24 21:24 | Report Abuse

@sell You take the lead. If you don't have any AA on hand, just keep quiet LOL

Posted by memorylane > 2020-11-24 21:40 | Report Abuse

on 30 June, Airasia has RM996 million cash... as of 30 Sept, left RM618m... at current cash burn rate, Airasia clock is ticking and left 5 more months only... i guess all malaysianS will become loser... we lost our budget airline... and also all our refund credit will burnt...

Posted by freddiehero > 2020-11-24 21:41 | Report Abuse

I have said, 3 qr red, 3 qr recovery

Posted by FELI1305 > 2020-11-24 21:50 | Report Abuse

can buy in for Air Asia Share on tomorrow ? any one can give idea ..tqvm

Posted by tablesalt > 2020-11-24 21:51 | Report Abuse

@sell, I think you can bring those questions with you and simply fuck off. Just a suggestion.

Posted by cashflow > 2020-11-24 21:59 | Report Abuse

The market regulations at mercy of politicians and Bursa. Not retailers only holding main market, so many big shots holding their pie of shares. They won’t let it drown easily. Bursa will likely ease compliance if market don’t recover for airlines. Just looking at the optimistic view.

Posted by AllYouCanBuy > 2020-11-24 22:01 | Report Abuse

https://www.malaymail.com/news/money/2020/11/24/airasia-groups-net-loss-widens-to-rm851.78m-in-q3/1925779 Be optimistic!

Posted by samo50sg > 2020-11-24 22:48 | Report Abuse

https://www.theedgemarkets.com/article/airasias-bigpay-among-eight-companies-approved-provide-online-loans


https://www.thestar.com.my/business/business-news/2020/11/13/airasias-teleport-partners-alibaba


https://www.msn.com/en-my/news/national/defending-sabah-banks-controversial-rm300m-loan-to-airasia-ex-cm-shafie-says-approval-only-after-all-conditions-met/ar-BB1at9G3

Hopefully drop to 0.3

Posted by tkl88 > 2020-11-25 06:38 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 %)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 %)‬

Posted by tkl88 > 2020-11-25 07:35 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by apple168 > 2020-11-25 08:15 | Report Abuse

“Airline business” equal to “cash burning business”

I know, You know, we understand!

NTA 1 —> 0.6–> 0.3–> next quarter ? 0.05...

Posted by greencode > 2020-11-25 08:21 | Report Abuse

Bank also lost of money now. Who going to approve the loan for AA. The only thing is Malaysia government Gv free tax for 5 years for airline industry . And this matter will settle. Gov and khazanah now also struggling on MAS to save.

Posted by mf > 2020-11-25 08:49 | Report Abuse

KUALA LUMPUR: Top Glove Corporation Bhd (Top Glove) menjangka pendapatannya untuk tahun kewangan semasa yang berakhir pada 31 Ogos, 2021, akan terjejas sebanyak tiga peratus berikutan penggantungan sementara operasi kilangnya di Klang, Selangor.

Posted by sampooler > 2020-11-25 08:51 | Report Abuse

Really not sure epf bought how many tupglov share and at what price.... :(((

Posted by DChosen2 > 2020-11-25 09:19 | Report Abuse

Now already end of Nov, so Qr 4 confirm koyak again..

Posted by JBond007 > 2020-11-25 09:21 | Report Abuse

Wah, so green........I thought can buy cheap today.
Why QR has no effect on AA?

Posted by kzyn116 > 2020-11-25 09:26 | Report Abuse

MAS have been struggling since before, just gov keep pumping money in

Posted by samo50sg > 2020-11-25 09:27 | Report Abuse

https://www.freemalaysiatoday.com/category/highlight/2020/11/25/tata-group-to-inject-up-to-us50-mil-in-airasia-india-says-report/

Posted by virust > 2020-11-25 09:41 | Report Abuse

The outbreak really smash Airasia painfully. NTA cut to RM0.35 only, truly peer into bone. What could be left for next quarter and how long need to take to recover.