AirAsia Group Bhd digital businesses which have a valuation of over US$1.00bn (about RM4.17bn) have achieved the unicorn status in record time at under two years since the group accelerated the growth momentum of its non-airline businesses during the Covid-19 pandemic-driven aviation sector downturn. This in response to a 5th October 2021 Credit Suisse report which highlighted AirAsia Digital as one of three ASEAN unicorns based in Malaysia, alongside Carsome Sdn Bhd and Axiata Group Bhd's 63.0%-owned subsidiary edotco. (The Edge)
To add, a unicorn’s valuation has nothing to do with the way they perform financially. Take for example Grab, who, as a whole, is still not a profitable company, though CEO Anthony Tan claims it is profitable in certain verticals. Yet the startup is set to be valued at US$39.6 billion.
For many startups, the billion-dollar valuation will come from investors and sizeable funding rounds, but an acquisition can also boost a company’s status overnight.
The Southeast Asian company as a whole is still not profitable — it lost $800 million in 2020 on an EBITDA basis and projected a $600 million loss for this year, according to regulatory filing.14 Apr 2021
Don't waste your time here la... Air Asia can service their interest or not also still a problem... Better u go plantations stocks... Powerful cpo price now super high margins of profits and strong dividends... Go check out bplant tsh or jtiasa la... This air Asia debt now few billions... So easy turn over few billion debt long time they refunded the air ticket they still owe me already la
Kong73 y u repeat repeat and repeat the 90 sens? No one care u say how many sen 1.00, 0.90 or 0.80 la even PN 17 cause AA supporter are pick bottom la don't waste your time here go other counter la.
let we start on today with believe.. today is our best day..
ignore all devil voices.. ignore say you not Worth it.. ignore all -ve thing that make you down..
their can wish you not make it.. their can wish you will lose.. their can wish you make mistake.. but.. is not mean you be what their wish.. bcoz.. you do it own what you believe.. you do it what you want it.. you do it not wish it..
you make the decision not wish.. you make the move to make you wish become realty..not just a dream. and.. most important.. you become you self.. let hear this..
struggling company before pandemic now they still have to deal with uncertainties of "half pandemic" and near bankrupt situation why is the share price not much different from pre-pandemic? airasia is the new glove counter. Overpriced
iyaaa.. many will say AA bla bla.. not Worth it..will down below rm0.90 laa many will say AA.. who buy..will burn with big lost laa.. many will say AA.. near bankrupt laa..who in will sink till rm0.30 laa.. but.. why their still here n yelling louder?? ihik3..
tut tut just swing general not investor.. do what swing do..
Good Citadel...protect your capital from capital destruction betting on Air Asia to recover from huge debt. every month Air Asia burns approx RM500 million per month!
I also wish so bro… but at the moment not worry much airasia. Will be in between 1.1-1.2 for the time being… if market good or good news coming sure can back to 1.23… just i sold others profit counter in case really tsunami coming. Can buy discounted share.
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....
wolfbroker
537 posts
Posted by wolfbroker > 2021-10-13 18:59 | Report Abuse
AA will fly again. Flying higher
AirAsia Group Bhd digital businesses which have a valuation of over US$1.00bn (about RM4.17bn) have achieved the unicorn status in record time at under two years since the group accelerated the growth momentum of its non-airline businesses during the Covid-19 pandemic-driven aviation sector downturn. This in response to a 5th October 2021 Credit Suisse report which highlighted AirAsia Digital as one of three ASEAN unicorns based in Malaysia, alongside Carsome Sdn Bhd and Axiata Group Bhd's 63.0%-owned subsidiary edotco. (The Edge)