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Tony Fernandes: AirAsia worth RM6 per share

Tan KW
Publish date: Wed, 13 Dec 2017, 09:08 AM
Tan KW
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KUALA LUMPUR (Dec 13): Shares of low cost carrier AirAsia Bhd are worth RM6, according to its chief executive officer Tan Sri Tony Fernandes.

Fernandes, who is the founder of Tune Air Sdn Bhd, which introduced the first budget no-frills airline, also appeared to brush off a rumour of him retiring any time soon.

In a tweet earlier this morning, Fernandes said: “I told analysts we we were worth RM3.00 when we were 0.70 cents. Now I say we are worth 6.00. There is no airline that has as much growth as airaosa (AirAsia) with a huge digital strategy that has assets worth more than our present market capitalisation.”

In the series of tweets, he also said: “Laughable that there is a rumour I’m retiring. My announcement is exciting one that charts our future of AIRASIA.”

He said in another tweet: "So not going anywhere. Exciting times ahead."

AirAsia yesterday closed 0.31% or 1 sen lower at RM3.19 with 13.16 million shares traded.

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Be the first to like this. Showing 18 of 18 comments

HENGYUAN @RM21 CONFIRM COMING

the debts maybe worth RM6 also. net net.....hehe

2017-12-13 14:47

ken

blow water?

2017-12-13 14:56

Alex™

haha. but airasia going digital data gooding la. But they are in a highly visible industry. One plane down or one customer complaint = gg

2017-12-13 16:13

coffeemoney

Toni is a conman la.... Look at his AAX...

2017-12-13 16:14

Alex™

but must thank him also la...if not, mas dominate, fuiyo...my flight ticket gg

2017-12-13 16:16

yongch

U believed his word ke?when AA below 0.80he can't even talk proper n even his fat cfo fallen from chair during agm in 2014...now talk big ...how abt aax?....funny ya...AA worth rm6...but AAX worth far below ipo@0.35-0.38?????????

2017-12-13 17:26

kellyling80

Really , as in really really ah , Tony ? AAX how leh ? Retailers not that dumb nowadays la...NEXT..

2017-12-14 05:02

helloworld123

He hasn't kept his words and so I don't believe him anymore.

2017-12-14 08:26

pakatan_harapan2

If true why Aireen replaced?

2017-12-14 17:21

pakatan_harapan2

AAX no Aireen there? Maybe the new CEO will make AA sink like AAX?

2017-12-14 17:23

rlch

Even Tune Protect also very bad not only AAX.

2017-12-14 17:25

John Lu

Talk big panlai...haha.

2017-12-14 17:28

SALAM

Cock and Bull story..Mirage in the air..BUT but..some sifus are hand in hand with him..Be cautious !!

2017-12-14 17:34

RainT

Now I realize Tony is a big liar

Telling to declare special dividend this year due to sales of AAC , now year 2017 going to end soon , anything also don't have

2017-12-14 23:18

Larrytrader

Trait him

2017-12-14 23:20

Larrytrader

Trust him

2017-12-14 23:20

newbie92

Tony need use more money to seduce young girl.

2017-12-14 23:21

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