If AA goes bust, Malaysia Airports will lose their biggest customer and much of their revenue. Not to mention the losses in revenue stream to the Malaysian government.
AA is a scams! TF took the hefty salary and fatty dividends and leave AA with low cash flow! Now, AA business at the verge of bankruptcy, TF is busy playing tick tock! See AA at 0.05!
Border ban 2020 - Airasia makan pasir , Border ban until 2021 year end - Airasia makan tahi , continue border ban -2022 , AIrasia boleh tutup kedai , Malaysia government really useless , latest tighten SOP , ini panggil tighten SOP , until year end COVID-19 also cannot drop below 500 cases , vaciine lambat , fail MCO
i am amazed by the fact that AA still has a market cap of RM3B.... the real value is RM0. TF sucked it dry from 2016 to 2019. For those clueless, go read up how he milked it dry.
it is cheaper to start a new budget airline than to save AA.
find my old posting where i have reminded ppl many how how this guy siphone out all the milk and honey form AA through heafty fat dividends... now even AA value 0, no problem coz he already pocketed all the profits which chanelled out to his private company. .. but as usual, at that time, nobody wants to read bad news..
Talk is cheap. So many talking about starting an airline from scrarch. Do we know how long it takes for an airline to breakeven? How much capital is required. This situation is beyond anyones control. It is not mis management like a Malaysian Airline or Air India. Every single airline across the world is grounded. Some are lucky to have government backing, others arent. Personally, I think AA will come out stronger from this. Yes it will be tough and take time. But, no ways someone can just come in and start off. Travel will be back and back big by next year. People are desperate to get out
Yes. No confidence. Just sell and go away. Don’t talk cock and make yourself so small!!!!! We don’t want to look down on u but u keep making a pest of yrself!!!! RM4.50 is coming whether u like it or not!!!! BTW airasia won asia leading low cost awards for eighth consecutive year at WTA. Those who think TF is doing a lousy job pls think twice. !!!! What award u get??? Talk cock number 1!!!!! Sell mango, Nasi lemak etc . Sell your heads losers!!!
Tony Fernandes is lucky that he got AA during the start the boom of global travel. Since than he did a lot bad mistakes - overly expanded into silly routes (i.e. high demand but at the same time cut-throat competition), adding all the non-core businesses, regularly paying dividends which is unusual for high capex industries, concentrate too much on marketing effort than understanding consumers needs. Is very hard to invest in a business that you cannot control its revenue and costs like Air Asia. His golden time is all over and not because of Covid but Covid is just the last nail in the coffin
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....
Supermax2020
442 posts
Posted by Supermax2020 > 2021-05-22 12:31 | Report Abuse
Road to bankruptcy if you ask me!