If RM1.55 is perceived as bottom price, the ceiling price could also meant to be +10 to +15%. Those people bought at RM1.92 really got caught by surprise.
Why is there shortage of planes? Due to a combination of manufacturer supply chain issues, a pandemic flying bust and Boeing production rollbacks, airlines are reportedly short 12,720 commercial airplanes, according to investment bank Jefferies.23 Jan 2023
To approve and ratify a one-off advisory fee of RM500,000 to Datuk Kamarudin bin Meranun for the business advisory services rendered to the Company as a Non-Executive Director, and in recognition and appreciation of his contribution to the Company for his invaluable services during the period of debt restructuring exercise of the Company. <---wahhh so nice, PN17 but still get 500k!
RM50 million investment from institutional players is a vote of confidence.
From now onwards, other institutional funds will start to look at AAX. Before today, almost all are retail players. With institutional fund interest in AAX (the first time in many years), it means that this is just the beginning. Once it clear RM1 billion market cap, more insti fund will join! Now market cap RM750 to RM800 million. So 1 billion is not far...
This big investment from institutional player is a sign that PN17 Uplift Is Near.
It can be 3 months, or 12 months. Why? Bcos the funds must have done a lot of due diligence. U think so easy fund can approve RM50 million to invest in a PN17 company share? Lots of meeting and justification and paper work needed ! They have done the check that PN17 uplift is a real possibility only willing to invest RM50 million. This is not your RM5000 or RM50,000 but RM50,000,000.
Some guy just lies to paint rosy scenarios of the stocks he bought but his target prices all proven to be unachievable.. like TG, Tenaga, YTL Power, Harta.
@speedyboy, when you come to a forum, take everything with a pinch of salt... gather what makes sense and discard the rest...decisions are finally yours
Well said.I think this boy must be a noob.Lol. frank74 > 7 minutes ago | Report Abuse
@speedyboy, when you come to a forum, take everything with a pinch of salt... gather what makes sense and discard the rest...decisions are finally yours
This PP give confidence to PN17 like AAX, not easy want ppl to invest if company no future, is positive information, at least we know price value is at least 1.55
myairline.my MYAirline is a low cost carrier based in Malaysia founded in 2021. It is headquartered in Subang Jaya, Selangor and primarily operates from KLIA2, the low-cost carrier terminal of KLIA. The airline began its maiden flight on 1 December 2022 to Kuching International Airport. Wikipedia Parent company: Zillion Wealth Bhd Founded: January 11, 2021 AOC #: 68 Commenced operations: 1 December 2022; 5 months ago Destinations: 9 Employees: 500
Capital A Berhad, operating as AirAsia is a Malaysian multinational low-cost airline headquartered near Kuala Lumpur, Malaysia. It is the largest airline in Malaysia by fleet size and destinations. AirAsia operates scheduled domestic and international flights to more than 165 destinations spanning 25 countries. Wikipedia Bag information: In economy, prices vary by itinerary. More AirAsia bag information CEO: Tony Fernandes (Dec 2001–) Stock price: CAPITALA (KLSE) RM 0.78 -0.02 (-1.90%) 23 May, 5:00 pm MYT - Disclaimer Founder: DRB-HICOM Founded: December 20, 1993, Federal Territory of Kuala Lumpur Headquarters: Sepang Commenced operations: 18 November 1996; 26 years ago Destinations: 165 (including subsidiaries)
AirAsia X, is a long-haul budget airline based in Malaysia, and a sister company of AirAsia. It commenced operations on 2 November 2007 with its first service flown from Kuala Lumpur International Airport, Malaysia, to Gold Coast Airport in Australia. Wikipedia CEO: Kamarudin Meranun (Jan 30, 2015–) Founded: May 17, 2007 Founder: Tony Fernandes Headquarters: Malaysia, Selangor Number of employees: 2,364 (2019) Parent organization: AirAsia Revenue: 1.21 billion MYR (FY 2020−21)
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 277 views | 1 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 471 views | 5 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
The_JQuestion
1,599 posts
Posted by The_JQuestion > 2023-05-23 12:29 | Report Abuse
Nowadays sifu are too lazy to even google search... they just use talking and say prices up to them one <<<<< legit power