... A lot of high price defenders giving their piece of thoughts.
I get it on the future of AA, on their business diversification plans, definitely we love to fly the cheaper AA compared to MAS.
But right now, it's better to own AA shares with lower buying price than higher price. Maybe it's a good idea for the folks to buy at higher price to aversge down, or exit now & purchase later. I think it's downtrend at the moment.
All the IBs are giving very low target price because they want to buy your tickets at a low price for themselves~! Otherwise how they're going to make money.
Its look like downtrend train all the way to Busan? Only Tony best buddy Virgins Airlines Sir Richard Bronson can help Tony? Tony just need to give Sir Richard a prompt call, will you?
Its look like downtrend train all the way to Busan? Only Tony best buddy Virgins Airlines Sir Richard Bronson can help Tony? Tony just need to give Sir Richard a prompt call, will you?
Indonesia today 54,517 case, Vietnam also record high, this Delta wave epic center are now in south east asia. AA recovery are being pushed back for months
Now the nab is -0.48, 2021 finicial year continue lose nab will more than -1.00 , now want implement right share 0.75 , sc will approve the plan ? I think low chance, who will going to pump in the money to this bankrup company with high risk, I think 2022 and 2023 financial year will lose money too. Jus let this company shut down. No need to rescue.
My friend want airasia to return the ticket money from last year till now still no money to pay. The airasia boss still dare to say the client not chase return the ticket money becos got strong confident on the company, big liar.
Dickymee, not admin problem, is the company totaly no money, all customer ticket money they oledy use to pay company expenses. How to return the customer ticket money? Impossible.
Now you are vaccinated also, after 1-2 years time, still have how much the vaccine protection? You want to take risk to fly ? I think many people wont take the risk.
RCUIDS interest and redemption paid in AA CREDITS or Cash?
Maybe will be paid in AA credits to be used in AA bigpay ecosystem lah. Money given is better to be spent in AA SuperApp ecosystem lah. AA no more money, you think they pay cash?
Many fund still hold much of the share, if the price drop to 0.10, how much they going to lose? So they force to maintain the price at this level, but they jus will hold the price till the condition they must cut lose than the price will be suddenly drop like waterfall.
Road ahead dark n slippery. Light in the end of course. When? Dunno. Loyal supporters will have to come up with money to help AA tight issue fund raising project. Sg dream cruise story is horrifying travel experience. This will shrink your balls when think of travelling
The Star Online : Asia’s air travel may take three years to recover from pandemic
ASIAN air travel may take another three years to recover fully from the devastation wrought by the pandemic, lagging behind rebounds in other regions and offering a stern headwind for refiners making jet fuel.
It’ll take until 2024 for international air travel across the region to reach pre-virus levels, a year after global traffic hits that milestone, according to the International Air Transport Association. Similarly, consultancy Energy Aspects says jet fuel consumption will reach pre-pandemic volumes only in 2023-2024.
The drawn-out timelines highlight the difficulties facing Asia and the likely consequences for jet fuel, a traditionally prized part of the oil-products market. Low rates of vaccination in many countries, the challenge posed by the fast-spreading delta variant, and persistent lockdowns have all set back the recovery even as the U.S. and Europe press on. All that means Asia’s aviation industry is unlikely to offer significant support to the region’s hard-pressed refineries, which process crude from the Middle East and elsewhere into fuels.
Both North America and Europe have seen strong demand during the holidays, with the European Union relaxing quarantine and lockdown requirements, according to Mayur Patel, regional sales director for Japan and Asia Pacific at OAG, an aviation analytics firm. "Sadly, the same cannot be said for Asia, where the low level of vaccination rates, sudden and sharp lockdowns, and inconsistent regulations frustrate any real attempt at a recovery, ” he said.
Just this week, Indonesia -- the largest economy in Southeast Asia -- surpassed India’s tally of daily cases, marking a new center for the highly-contagious delta variant. Elsewhere, Malaysia has been struggling to contain a recent outbreak, Seoul in South Korea has imposed its toughest restrictions yet, and Japan is preparing to host the Olympic Games without spectators.
Bubble Trouble
While there have been signs some countries including Singapore are rethinking their Covid-zero stance to open up, it’s likely international travel will still take longer than the rest of the world to restart. Australia’s plan to launch a quarantine-free travel bubble with the city-state is now more likely to occur only by the end of the year, according to an Australian diplomat.
"We expect passenger traffic for international Asia-Pacific to restart in early 2022 at the earliest, ” an IATA spokesperson said in an email interview. "We don’t think that the variant situation will improve, so governments are unlikely to start lifting controls before vaccination becomes sufficiently widespread to limit community contagion.”
That means a longer struggle for Asian refiners. Given the differentiated recovery, some processors have been looking to Europe and the U.S. as outlets for jet fuel, shipping more to both regions. With lackluster demand, the margin for making jet fuel in Asia has sunk to $5.99 a barrel at Wednesday’s close compared with $15.54 in December 2019, Bloomberg Fair Value data show.
Asia’s jet fuel usage accounted for a third of global consumption in 2019, according to Energy Aspects. Right now, the region’s overall flight numbers -- domestic and international -- are 70% of pre-virus levels, but if China is excluded are only 40%, according to George Dix, an analyst. "We currently expect Asian jet demand will not reach pre-pandemic levels until 2023-2024, although domestic travel will have largely recovered by the end of 2022.”
Given the challenges, regional refiners will continue to redirect kerosene, which includes jet fuel, into the gasoil pool this quarter, aiming to tap into winter fuel heating demand the following quarter, according to Sri Paravaikkarasu at energy consultancy FGE. "The full recovery of international air travel has a long way to go, ” she said. - Bloomberg
Indonesia now planning for worst case scenario of 100k case per day. Malaysia today 13k. Thailand and Vietnam also surging to all time high. SEA now the epicenter of covid. The recovery timeline had been knocked back for many months while the middle class wealth are being destroyed. AA are losing their customer base
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....
trum
7,615 posts
Posted by trum > 2021-07-14 13:58 | Report Abuse
Hahaha