Must understand why DickyMe and ChunChoi1 keep calling ridiculous RM 4.50. Because they are losing money and trying to stop the price from dropping further!
Banyak yg mimpi 4.50. Yes agreed some of the countries willing to open border with strict SOP bcoz they able to contain the covid virus effectively and well managed they countries, but do you think Malaysia well manage to control the pandemic....look at the recent cases spike up man!!. Other countries covid cases goes down except India meanwhile here in Malaysia goes up..what the hack is that!!! Why ?? Everyone knows what our politicians thinking off...
Until the covid cases achieve the desire safe numbers required by Moh, don't even talk about reopening border...parliament pun tak boleh...
Likely to have longer mco. Abangsham ady ask for more icu bed. Situations not looking good. Graf yet to flatten. No symptom cases far more now. When symptom show up, must be hospitalised ady. Funeral parlor say the dead now getting younger..How to expect aa fly people to have fun
Malaysia did not manage to control the pandemic. They told us to hide under the bed and pray it goes away. Simpleton remedy. No effort in researching medically to find a medicine. More than a year gone down the drain.
All those negative people focus only on the problem. Which is the current situation which everyone already know.
Smart people focus on solutions that can materialize. Not enlarging the problem.
It is true that Malaysia covid situation is really bad. Just like US and the UK before vaccines.
But look at US and UK now. Fauci said “if you are vaccinated and going out. Put away your masks”.
It is also true that covid will go away, its just matter of time. And with more vaccines coming on board June onwards things will definitely get better in time.
It is also true that AA needs cash. To refund to sustain. It is also true that AA will not disappear from ASEAN. Even MAS airline CEO admitted that Malaysia needs AA more than ever.
ADE (Asian Digital Engineering) just got approval from CAAM (if you don’t know what CAAM is don’t come here bark) is very positive for its cost cutting measures. Can even serve other airlines.
Together with all its other initiatives and digital operations especially Teleport it can only get better. For those noobs who don’t know Teleport earn 400m revenue only in its 2nd year of operation and is cash flow positive. Imagine the growth of Teleport down the road.
It’s also positive when AA decided to shut down Japan AA and cut holdings in AA India. Only those naive see it as bankruptcy. What AA is doing is actually cut down its cash burn and maximize its resources on where it can earn more. Which speaks of better cash management going forward. In Japan and India they will need more time and effort to make it cash positive. But now they are focusing on ASEAN where they are strong. This should be positive instead of negative.
Do you think all the millionaires or billionaires that took up the PP did not sign a NDA (non disclosure agreement) and did their due diligence before putting millions on AA? Ofcourse they did. Only bursa ppl no chance to do that. HAHA!
You may be laughing and barking. But one year later today. Come back here and see who’s laughing:
This is not a dream. This is a forecast of solutions and new steam of income that may materialize. It might take time but eventually it will happen. A sensible forecast. Those saying that this is a dream is either ignorant or only living on today’s news. Which everybody already knew. Bad qr? Who doesn’t know? LOL. Bad covid? Mco? Full lock down? Whatever.... it’s been known. Boring....what is not boring is their future endeavors.. which is going to be truly exciting...
In_Sight you are ignoring the difference between UK/US and Malaysia, they have vaccine supply to vaccinate quickly to allow reopening. Malaysia had serious supply problem. not just Malaysia but also all of AA major market have problem getting vaccine supply quickly.
SINGAPORE — Singapore’s government said Friday it’s “very likely” that the air travel bubble with Hong Kong will not begin on May 26, as the Southeast Asian city-state further tightens measures to curb a rise in local Covid cases.
The air travel bubble would have allowed travelers to skip quarantine. It has faced multiple delays from its initial launch date on November 2020 as Hong Kong reported resurgence in Covid-19 cases.
Both Singapore and Hong Kong are major Asian business hubs without domestic air travel markets. Their tourism and aviation industries, heavily reliant on international travel, have been badly hit by the pandemic.
newbie1111 In_Sight you are ignoring the difference between UK/US and Malaysia, they have vaccine supply to vaccinate quickly to allow reopening. Malaysia had serious supply problem. not just Malaysia but also all of AA major market have problem getting vaccine supply quickly.
as i known Singaporean are almost fully vaccinated
This newbie1111 confirm newbie or brain dead. Straits time index which gauges singapore share market have been recovering since January and is continue to rise.
He is really drunk or living in the past!
Refer to the proof here later ppl think i talk kok like him lol.
It’s near 52weeks high what is he talking about? Omg the level of ignorance in this forum is true.
In_Sight Thailand and Philippines all vaccinated less percentage of their population than Malaysia, all the SEA countries other than Singapore are now at single digit percentage. and right now Thailand and Vietnam are record the highest numbers of new cases while cases in Malaysia are very close to previous peak.
That means they have vaccines supply right? Contrary to what you mentioned that they did not have vaccine supply.
Ofcos in terms of percentage they are slow just look at the population difference. But in absolute numbers they vaccinated more than Malaysia which means they have more vaccines faster than Malaysia. Again contrary to what you mentioned.
Most importantly, the question is “so what?” You think this will last forever? Lol.
Most people think Buffet sold airlines stocks because of covid19. But this is why most people are wrong when they see things only from one perspective.
At this year's annual meeting of Berkshire Hathaway (BRK.A, Financial) (BRK.B, Financial) shareholders, Warren Buffett (Trades, Portfolio) spoke at length about his decision to sell the company's airline investments last year. The group went into the pandemic owning as much as 10% in some of the largest airlines in the U.S. A few months into the outbreak, Buffett decided to dump these positions. Selling airline stocks He explained during the annual meeting that one of the reasons why he decided to sell is that the government might have refused to bail out these businesses had Berkshire remained a significant investor. "You're actually looking at probably at a different result than if we'd kept our stock," he told the audience, referring to the performance of airline shares over the past 12 months.
Buffett said that he did not consider the airline sales to be a "great moment in Berkshire's history," but the company has plenty of exposure to the sector, which should mean it will benefit from any rebound. As he went on to add: "People really want to want to travel for personal reasons, and business travel is another thing. And we've got a big exposure to business travel, of course, through the fact that we own 19% of American Express, and we own Precision Castparts, which services the air business very well. So we've still got a big investment in air travel, a big commitment to it, but we wish the big four the best, and I think their managements have done a very good job during this period."
Airline shares have rebounded sharply following heavy rounds of government aid and as the economy has started to reopen. Buffett, speaking at Berkshire's annual meeting, argued that had Berkshire maintained its stake a potential backlash could have made it less likely the industry would have received generous rounds of aid. The airlines "might very well have very, very, very different result if they'd had a very, very, very rich shareholder," he said.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
goldenluck16
1,955 posts
Posted by goldenluck16 > 2021-05-13 11:22 | Report Abuse
near term.