Windfall Profit

Price of Airasia

1HitRampage
Publish date: Thu, 21 Feb 2019, 07:07 PM
Targets 3 to 6 months profit of more than 20%.

Airasia's share price hit RM4.75 during the same period last year.     The reason was, as described by my past articles, due to expectation of favourable events to be happened, among others.   

Chart adjusted for the 40c special dividend, sort of.

However, due to higher oil price, delays, probe on Tony in India and wrong bet on BN etc etc, price halved in 8 months.    Since Nov 2018, market seems to be forgetting and forgiving!!!!

Now, Airasia is in a better position than last year, billions of cash in hand, very little debt and Castlelake deal in hand.    

BUY or sell, your call.   

 

 

 

 

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Be the first to like this. Showing 2 of 2 comments

KLCI Going Heaven

sell

2019-02-21 19:47

supersaiyan3

McQuarie says similar thing, target RM5 woh

2019-02-22 10:19

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