Posted by DickyMee > 2021-10-27 19:34 | Report Abuse

TSTF, DKM and TLSB shall renounce their respective entitlements to the RCUIDS and the
corresponding Warrants under the Proposed Rights Issue in full in favour of SASB; and

(ii) TASB shall renounce its entitlement to the RCUIDS and the corresponding Warrants under the
Proposed Rights Issue:
(a) in full in favour of SASB (“TASB’s Entitlement”); or


Wonder why need to go through SPV

Posted by ESOS > 2021-10-27 19:37 |

Post removed.Why?

Posted by hanna20 > 2021-10-27 20:59 | Report Abuse

Everyone start to fly now

Wow

Posted by Up Slowly Better La > 2021-10-27 21:06 | Report Abuse

Slow and steady guys. Busy for work and long time no drop by here see movie. Any content i miss

Posted by strattegist > 2021-10-27 21:48 | Report Abuse

relax and cool

Posted by kamirise360 > 2021-10-27 22:05 | Report Abuse

Another green day for AA

Posted by kamirise360 > 2021-10-27 22:05 | Report Abuse

Will up to 1.20 by friday

Posted by wolfbroker > 2021-10-27 22:14 | Report Abuse

Me too. Hectic day

Posted by Up Slowly Better La > Oct 27, 2021 9:06 PM | Report Abuse

Slow and steady guys. Busy for work and long time no drop by here see movie. Any content i miss

Posted by wolfbroker > 2021-10-27 22:15 | Report Abuse

We might only missed today's departure

Hee

Posted by strattegist > 2021-10-28 12:03 |

Post removed.Why?

Posted by perx135305 > 2021-10-28 12:56 | Report Abuse

Bursa today down, all leave before budget22 to avoid any surprises

Posted by Colgate > 2021-10-28 14:24 | Report Abuse

I love to borrow TF new Tesla for one day. Go for a spin.

Posted by Squirtle > 2021-10-28 16:32 | Report Abuse

In invest u is need brave

Posted by hanna20 > 2021-10-28 18:12 | Report Abuse

Hahaha

Posted by Beetles > Oct 27, 2021 11:33 AM | Report Abuse

Today TF bury all the souls look down on AA .
Where is 86cents, please short it if you have it.

Posted by hanna20 > 2021-10-28 18:12 | Report Abuse

AA actually has real potential to up

Posted by wolfbroker > 2021-10-28 18:47 | Report Abuse

Daily technical highlights – (AIRASIA, EKOVEST)
Author: kiasutrader Publish date: Thu, 28 Oct 2021, 10:38 AM



AirAsia Group Berhad (Trading Buy)
• AirAsia is a low-cost airline serving more than 130 destinations across Asia Pacific. Together with its affiliates, it is the largest low-cost carrier in Asia by passengers carried.

• Battered by the Covid-19 pandemic lockdowns, in FY20, AIRASIA’s revenue fell 75% to RM2.9b while its core net loss widened from RM142m to RM4.6b. However, as conditions gradually improved in the airline industry, in 2QFY21, AIRASIA’s revenue rose 24% QoQ to RM371m while its core net loss narrowed from RM1b to RM662m.

• Looking ahead, consensus is expecting AIRASIA’s net loss to narrow to RM2.6b in FY21 and to RM793m in FY22.

• In light of the gradual reopening of borders regionally, we believe investors will continue to favour recovery stocks, including airlines such as AIRASIA, which may see a recovery in earnings from pent-up demand for domestic and international travel.

• Technically speaking, since bottoming at RM0.50 in March 2020, the stock has been trading in an ascending channel, despite a brief revisit of the RM0.50 low in November last year.

• In light of the relaxation of lockdown measures here in Malaysia in recent weeks, the stock has rallied close to 40% from mid-September to mid-October. After its recent peak of RM1.33 earlier this month, the stock corrected 20% to bottom out at RM1.06.

• At the recent trough, the stock formed a bullish hammer candlestick, signifying the rejection of lower prices.

• Moreover, the Heikin Ashi candles suggest that the recent selling pressure has waned, as there are early signals of another rally ahead.

• With the stochastic indicator reversing from an oversold position, we believe the stock could continue trending upwards to challenge our resistance levels of RM1.29 (R1; 13% upside potential) and RM1.48 (R2; 30% upside potential).

• We have pegged our stop loss at RM1.00 (or 12% downside risk).



Ekovest Berhad (Trading Buy)
• Ekovest is principally involved in construction, civil engineering, property development, and infrastructure concession.

• Like other construction firms and property developers, EKOVEST felt the pain of the pandemic-induced lockdowns, which halted construction progress and delayed property purchases. In FYE June 2021, the Group’s net profit fell 8% after having fallen 67% in the prior year.

• However, looking ahead, Ekovest is poised to benefit from the resumption of construction activity and the country’s economic recovery.

• Technically speaking, after rebounding off a low of RM0.285 in March 2020, the stock peaked at RM0.655 in May that year. Since then, the stock has been forming lower highs and lower lows.

• In August this year, the stock seems to have bottomed out at RM0.37, as the formation of a higher low (at RM0.385) in late September suggests that the stock’s long-term downtrend may have reversed.

• Moreover, after the stock broke above the 100-day SMA earlier this month, the stock seems poised to bounce off the dynamic support line in its most recent test.

• Supported by the prospects of earnings recovery and favourable technical outlook, we believe the stock will likely trend upwards to challenge our resistance levels of RM0.47 (R1; 13% upside potential) and RM0.51 (R2; 23% upside potential).

• We have pegged our stop loss at RM0.365 (or 12% downside risk).

Source: Kenanga Research - 28 Oct 2021

Posted by wolfbroker > 2021-10-28 18:48 | Report Abuse

AA will definitely up high again soon

Posted by kamirise360 > 2021-10-28 18:51 | Report Abuse

Can see another green tomorrow too

Posted by kamirise360 > 2021-10-28 18:52 | Report Abuse

Public bank has proved that their analysis is true again

Posted by kamirise360 > Oct 26, 2021 6:11 PM | Report Abuse X

Should follow PBB suggestion. To hold.

AirAsia Group Berhad - New Restructuring and Recapitalisation Plan for Thai AirAsia
Source : PUBLIC BANK, Price Call : HOLD, Price Target : 0.86
Last Price : 1.11, Upside/Downside : -0.25(22.52%)

Posted by strattegist > 2021-10-28 23:42 | Report Abuse

closed green

Posted by Karlos > 2021-10-29 09:23 | Report Abuse

More relaxation on foreigners entering Malaysia from November 1, 2021. Sooner or later most restrictions to enter or leave the country would likely be removed as the world is opening up. This will definitely good for air lines especially those that catering to holiday and leisure travels.
Just like what happen to crude oil and other fuels that surge once demand increases while supply had been curtailed during the pandemic. Who can predict crude oil will jump to current high
levels where as it was trading below zero in the spring of 2020.

Posted by rohirrim88 > 2021-10-29 09:34 | Report Abuse

demand for Jet Fuel has been doubled since Sep 2021. more planes are being used and ppl are trying to clear annual leave. expect TP @ 1.80

Posted by DickyMee > 2021-10-29 10:13 | Report Abuse

AirAsia has partnered with more than 20 airlines as it builds up its Super App into an online travel agency that also sells flights by competitors, according to a Reuters report.

LOL

Posted by strattegist > 2021-10-29 10:27 | Report Abuse

steady

Posted by Up Slowly Better La > 2021-10-29 15:13 | Report Abuse

Chill people. Just enjoy the show

Posted by pinetree88 > 2021-10-29 15:47 | Report Abuse

SG and Malaysia VTL expected soon.... Think today good time to load up

Posted by hanna20 > 2021-10-29 16:24 | Report Abuse

Yes. Just chill out

Posted by Up Slowly Better La > Oct 29, 2021 3:13 PM | Report Abuse

Chill people. Just enjoy the show

Posted by Mabel > 2021-10-29 16:26 | Report Abuse

This counter as long its trading more than 80 sen consider OK mah

Very happy holding AA.

Can sleep like a baby every night..

Now Everyone can Fly

Meow

Posted by Mabel > 2021-10-29 16:28 | Report Abuse

Jet fuel?

Don't worry mah we have plenty of Fossils Fuel and Bio Fuel to keep Mabel Airlines in the air..

Meow Meow Meow

Posted by Mabel > 2021-10-29 16:31 | Report Abuse

So focus on the end game and ignore the noises.

Elsewhere in the Deep Blue Ocean, all Energy Battleships and Supertankers plus Jet Fighters are cruising full speed.

The same with the Thick Green Jungle, all Plantation are Flourishing and Booming. Yesterday, one of Mabel Plantation gave Terengganu State Heritage Trust Board (LTAWNT) RM1.87 million its share of profit from the plantation and healthcare group. The payment was for last year's profit for the development of LTAWNT’s 1,336-hectare oil palm plantation by TDM at its Air Putih Estate in Kemaman. Earlier this week they launched the 6th Medical Centre.

This will be complementary to the existing Medical Centre provided by Mabel Sunway and Sime Darby.

Don't worry we have enough hospitals to fight Covid 19.

Meow

Posted by perx135305 > 2021-10-29 17:13 | Report Abuse

Chill and relax, watch budget22 presentation

Posted by wolfbroker > 2021-10-29 17:17 | Report Abuse

TP of 1.80 is achievable

Posted by rohirrim88 > Oct 29, 2021 9:34 AM | Report Abuse

demand for Jet Fuel has been doubled since Sep 2021. more planes are being used and ppl are trying to clear annual leave. expect TP @ 1.80

Posted by wolfbroker > 2021-10-29 17:22 | Report Abuse

Mabel Airlines should enter KLCI too.

Lol

Posted by Mabel > Oct 29, 2021 4:28 PM | Report Abuse

Jet fuel?

Don't worry mah we have plenty of Fossils Fuel and Bio Fuel to keep Mabel Airlines in the air..

Meow Meow Meow

Posted by kamirise360 > 2021-10-29 17:26 | Report Abuse

Competition is good. Hee

Posted by DickyMee > Oct 29, 2021 10:13 AM | Report Abuse

AirAsia has partnered with more than 20 airlines as it builds up its Super App into an online travel agency that also sells flights by competitors, according to a Reuters report.

LOL

Posted by cheeseburger > 2021-10-29 19:17 | Report Abuse

there is nothing for airline in budget, good luck everyone in coming monday.

Posted by izoklse > 2021-10-29 19:20 | Report Abuse

habis la blood everywhere Monday. good luck guys.

Posted by Belila > 2021-10-29 19:55 | Report Abuse

Partnership excellence
Monday will be green
2 sen

Posted by ruby92 > 2021-10-30 01:22 | Report Abuse

https://www.theedgemarkets.com/article/airasia-x-slips-pn17-status-after-auditor-expressed-disclaimer-opinion-fpe21-accounts

Posted by AlexT12 > 2021-10-30 06:37 | Report Abuse

no, limit down both airasia. remember the pn17 suspension till next year? it seems company CAN DECLARE PN17 AS OF NOW.

Posted by AlexT12 > 2021-10-30 06:38 | Report Abuse

tony can just go buy another airline with rm1. airasia not so crictical to him.

Posted by ValueMe > 2021-10-30 09:21 | Report Abuse

Quick quick sell to me

Posted by Stockexpert001 > 2021-10-30 11:22 | Report Abuse

Even 0.5% , aax never drop, may be market adapted no effect

Posted by jgb349000 > 2021-10-31 13:25 | Report Abuse

Holiday coming soon,,christmas n year end vacation.

Posted by DickyMe3 > 2021-10-31 13:27 |

Post removed.Why?

Posted by cheeseburger > 2021-10-31 16:35 | Report Abuse

https://www.theedgemarkets.com/article/airasia-x-slips-pn17-status-after-auditor-expressed-disclaimer-opinion-fpe21-accounts

Posted by DickyMee > 2021-10-31 22:46 | Report Abuse

When AA's turn to audit accounts?

Posted by thetruthstory > 2021-11-01 07:28 | Report Abuse

https://www.thestar.com.my/news/nation/2021/10/31/tourism-ministry-launches-holiday-packages-for-civil-servants-govt-retirees

Posted by robin5813 > 2021-11-01 09:06 | Report Abuse

Why today KLCI so many red? Got big news?

Posted by Twowah123 > 2021-11-01 09:16 | Report Abuse

To be frank this rubbish stock should be 20c as ut current state. Rm1 super duper not attractive all. Rm1 ony attractive if aa back in profit i reckon min 2 years if everything went smooth

Posted by Alice7591 > 2021-11-01 09:28 | Report Abuse

Probably investor not happy with the 2021 budget