My Trading Adventure

Stock Watch : AirAsia and AAX

CP TEH
Publish date: Wed, 18 Dec 2013, 08:47 PM
CP TEH
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All the writings in this weblog are mainly for PLEASURE reading purposes. I am in NO position to recommend a call(BUY/SELL). Please check with those know-hows before you make a decision. Yes, I am just a learner, with only five years experiences in KLSE. So, please BEAR with me.


AirAsia : Closed 2.29 ... this is one stock to avoid due to many reasons. One of the main reason could be due to the migrating to Indon ... but again, after a short stint there, they are moving back to ... boleh-land. And even with the news that Tony is back into biz(he has been busy with QPR too) did not help the confidence of investors. The fact that it was taken out of KLCI-index and high-foreign holding ... giving her the 'high risk' tag. Will VMY2014 ... giving  hope, that the sales will increase?

Back to last Dec low level at RM2.25 ... time to get interested?



AAX ; Seeing the big sister dropping, this is one of the bad-performing IPO ... IPO-ed at RM1.25, currently sitting at a dollar support, hitting low 0.985 today. I have been collecting at support, averaging RM1.025 ... but just need to let her go today. Wait for rebound ... see if I could move in again ...

VMY2014 theme play? MAS is not doing any good either.

Perhaps, Airport and Brahims sound better ... uptrend?

TEH

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Discussions
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n00bpelabur

Airport sound better. CIMB research says that airasia and mas have large volume in plane and ticket sale but the profit margin decrease because heavy competition between major airline. The only real winner is Airport but lately it had been involve in scandal crony activities. This is Bolehland where infinite possibility happen.

2013-12-19 01:52

LovingMom

So, what's up with AirAsia? EPF has been disposing off their interest in it.

2013-12-26 17:29

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