Thai medics claim coronavirus break-through: Patient in 'serious condition' is declared 'disease-free' in 48 hrs after treatment with HIV and flu drug
Author: Tan KW | Publish date: Sun, 2 Feb 2020, 9:15 PM

Medics tested drug mix on patient in 'serious condition' who turned disease-free
The antiviral drugs are normally used for HIV and influenza treatment
Thailand has 19 confirmed cases of coronavirus but only 11 still in hospital
Thailand has reportedly seen promising results after treating a coronavirus patient with a mix of two antiviral drugs which are usually used to treat HIV.

Medics tested the drug mix on a patient who was in a 'serious condition' with the disease and within 48 hours they were declared disease-free, reports Bloomberg.

The drugs, originally used for HIV and influenza treatment, were a success according to a medical briefing given by Dr Kriangsak Attipornwanich.

Thailand has seen 19 confirmed cases of the coronavirus, 11 patients are still in hospital but the rest have been able to return home.

Deputy Prime Minister and Public Health Minister Anutin Chanvirakul said that the nation will repatriate more than 100 people from Wuhan on February 4 after they pass medical screening in China.

They will then be quarantined for 14 days after returning to Thailand.

The news of the drugs' success comes as the first coronavirus patient outside of China died in the Philippines.

The 44-year-old man was admitted to San Lazaro Hospital in Manila on January 25 after arriving in the city from China.

At the time, he was suffering from a fever, cough and a sore throat.

But his condition deteriorated rapidly and he developed severe pneumonia, ABC reported.

'The patient was stable and showed signs of improvement, however his condition deteriorated within his last 24 hours resulting in his demise,' the health department said.

The man's 38-year-old female companion was also quarantined in the Philippines after test results confirmed she had coronavirus.

World Health Organisation Philippines representative Dr Rabi Abeyasinghe confirmed the man became the first confirmed death outside of China.

'However, we need to keep in mind that he came from Wuhan, China,' Dr Abeyasinge said.

Good move, pending all the accusations to be put to rest :)

[AIRASIA] Board Member Redesignation - TAN SRI ANTHONY FRANCIS FERNANDES on 03-Feb-2020
Stock [AIRASIA]: AIRASIA GROUP BHD
Announcement Date 03-Feb-2020
Board Member Information:
Date of Change 03-Feb-2020
Type of Change Redesignation
Previous Position Executive Director
New Position Non Executive Director
Directorate Non Independent and Non Executive
Name TAN SRI ANTHONY FRANCIS FERNANDES
Age 55
Gender Male
Nationality Malaysia
Working Experience
Family Relationship
Conflict of Interest
Interest


[AIRASIA] Board Member Redesignation - DATUK KAMARUDIN BIN MERANUN on 03-Feb-2020
Stock [AIRASIA]: AIRASIA GROUP BHD
Announcement Date 03-Feb-2020
Board Member Information:
Date of Change 03-Feb-2020
Type of Change Redesignation
Previous Position Executive Chairman
New Position Non Executive Chairman
Directorate Non Independent and Non Executive
Name DATUK KAMARUDIN BIN MERANUN
Age 58
Gender Male
Nationality Malaysia
Working Experience
Family Relationship
Conflict of Interest
Interest

Becoming a reality? :)

https://www.nst.com.my/news/nation/2019/06/500073/better-mas-be-married-airasia

According to Bloomberg data, AAGB has 23 research houses covering the counter, with five buy calls and nine hold and sell ratings respectively :)

Sell to EPF or khazanah :)

A local aviation analyst, on condition of anonymity, said AAGB is now weighed down by uncertainty, and "it is now crucial to find out who exactly are the executives involved in the reported corruption".

"To put into a scenario, let's say if [AAGB group CEO Tan Sri] Tony Fernandes is the executive involved and if he is charged by the MACC, then he would have to resign from all positions held, and to sell off his stakes, which directly and indirectly total to about 32%," said the analyst.

:p

AAGB tumbled as much as 11% earlier this morning, before paring some of its losses to trade at RM1.31 — down 8.39% or 12 sen — at 11.30am. Notably, its current share price has fallen some 24% versus its target consensus of RM1.72.

Good

https://www.theedgemarkets.com/article/who-chief-says-no-need-halt-travel-beat-china-virus

Reuters reported that Asian shares were dragged to near two-month lows on Monday by Chinese markets, which plunged on their first trading day after a long break on fears the coronavirus epidemic would hit demand in the world's second-largest economy.

Aiming to head off any panic, the Chinese government took steps to shore up an economy hit by travel curbs and business shut-downs because of the virus, added the newswire.

"While China's losses were heavy, they were mostly a product of selling pressure that had built up over the Lunar New Year break, not a reflection of new market fears. In contrast, futures for the US and European shares inched up, oil pared early losses while safe havens Japanese yen and gold stepped back from recent highs," Reuters wrote.

net assets per share RM1.38, current share price below even its NBV :)

those who shorted the shares need to close position later if any. :)

as what rakuten research highlighted :)

Following the negative news over the weekend against the AirAsia Group coupled of negative sentiment on Coronavirus virus to impact on travelling and tourism, share price is expected to take a hit and fall on the knee jerk reaction on the opening bell today.

published on bursa website , airasia, repudiated the allegation of bribery.

accusation of bribery. airasia has repudiated today

beli balik haha

Airasia Group Bhd (5099)
• AIRASIA ended 0.7% or 1 sen lower to RM1.43 last Friday.

• Following the negative news over the weekend against the AirAsia Group coupled of negative sentiment on Coronavirus virus to impact on travelling and tourism, share price is expected to take a hit and fall on the knee jerk reaction on the opening bell today.

• However, investor may consider selling and buying back later for those who have position while those who have no position – this would be also a great opportunity for bargain hunting to grab it cheap as well.

• As such, resistance levels are expected at RM1.73 (R1) and further to RM1.85(R2).

• Conversely, downside support levels are expected at RM1.35 (S1) and RM4 (S2) RM1.20.

Source: Rakuten Research - 3 Feb 2020

buy rate 57%

Good to rebuke rumour

The Board of Directors of AirAsia would like to clarify on the news articles appearing in TheEdgeMarkets website on Saturday, 1 February 2020, entitled (1) "Airbus allegedly bribed AirAsia, AirAsia X RM205m in sports team sponsorship to secure deals"; and (2) "MACC investigating Airbus bribe claims against two AirAsia executives", as well as other articles in the press regarding the Deferred Prosecution Agreement entered into by Airbus SE and the U.K. Serious Fraud Office (SFO) on 31 January 2020.



At the outset, AirAsia wishes to clearly state that it was neither involved in any way whatsoever with the SFO’s investigation of Airbus nor given any opportunity to provide any information or clarification to the SFO.



The articles referenced above allege that certain agreements by AirAsia to order Airbus aircraft were improperly linked to sponsorship by Airbus of a sports team jointly owned by AirAsia executives. AirAsia vigorously rejects and denies any and all allegations of wrongdoing.



The entering into of each aircraft purchase agreement was never made by any single individual decision, but instead arrived at through careful evaluation, deliberation and the collective decision of the board members after taking into account technical specifications, aircraft flight performance and operating economics. The superiority and reliability of the aircraft and increasingly attractive pricing being offered to maintain our competitive edge in the airline business were key considerations. As a customer of Airbus since 2005, AirAsia never made purchase decisions that were premised on an Airbus sponsorship.



We also wish to emphasise that all negotiations and dealings leading to the signing of any aircraft purchase agreement have been undertaken directly with Airbus on an arm’s length basis, and without the involvement of any third parties or intermediaries. AirAsia executives negotiated rigorously in the interests of the company and had at all times acted in good faith. In any event, AirAsia is aware that correspondence between the Company and Airbus dating back more than a decade has been reported in the press without proper context or review, and we are concerned that views and opinions on the matter may have been formed unfairly and prematurely.



Furthermore, the involvement of Airbus in the sponsorship of the sports team was a well-known and widely-publicised matter bringing branding and other benefits to Airbus. AirAsia’s own sponsorship of the sports team went through due internal assessment and approvals before being considered and approved by the board.



As AirAsia and its executives have no visibility on Airbus’ internal processes, we cannot comment on or be associated with any alleged failures or lapses on the part of Airbus to comply with its own policies or applicable legal requirements.



AirAsia is deeply concerned that these allegations will have an adverse and negative impact on the AirAsia brand, reputation and goodwill. AirAsia is monitoring developments in this matter and will review any allegations or negative inferences concerning or affecting AirAsia and/or any of its executives and will fully cooperate with the Malaysian Anti-Corruption Commission and the relevant authorities where required.



The Company shall make the necessary announcement(s) as appropriate when there are further developments to this matter.



This announcement is dated 2 February 2020.

Good4airasia fintech ambition :)

Local cryptocurrency players welcome the Securities Commission Malaysia’s (SC) recent release of its Guidelines on Digital Assets as it will provide a safer environment for investors, issuers and stakeholders. The guidelines provide the framework for fundraising via digital token offerings in the country.

According to the SC, these offerings can only be carried out on an initial exchange offering (IEO) platform registered with the regulator. This is unlike initial coin offerings (ICOs) in other parts of the world, where the tokens are sold directly to investors.

With the guidelines, investors will have peace of mind, knowing that they are putting their money into an asset issued on a regulated exchange and monitored by the local authority, says Kelvyn Chuah, co-founder of SINEGY Marketplace. “Over the past few years, a large number of ICOs have gone unvetted. Hopefully, investors will now be able to easily differentiate real investments from risky schemes and potentially fraudulent ones.”

Bobby Ong, co-founder of CoinGecko, concurs. He points out that although the SC announced last year that no one was permitted to offer or issue any digital tokens in Malaysia pending the issuance of its guidelines, there were still some money game schemes that claimed to leverage blockchain technology to entice investors.

“The schemes continue to exist because people are inherently greedy. Financial literacy is also quite low among Malaysians and those who run the schemes are confident they can get away without getting caught,” says Ong.

“The authorities typically act on complaints. By the time a complaint is issued, the operators of the scheme would have already gone missing, along with the money they raised. That is why I think strict enforcement in this space is necessary.”

An ICO is a crowdfunding exercise where a company creates a digital coin to raise money for its projects or operations. The coins may represent a stake in the company or project, or can be utilised to acquire its products and services. Despite emerging in 2013, ICOs only took off in 2017, when the software for these offerings was standardised in the market.

ICOs emerged at a time when the cryptocurrency space was largely unregulated. As a result, the space gained a bad reputation for various problems related to scams and fraud, on top of insufficient disclosures and inadequate investor protection. Most of the ICOs were unvetted, though some were vetted by the community, not regulators.

A July 2018 study by ICO advisory firm Statis Group found that about 78% of the ICOs thus far had been identified as scams. Only 15% of the ICOs were traded on an exchange, 4% failed and 3% have gone dead (not listed on an exchange and no code contribution on software development platform Github on a rolling three-month basis).

One of the largest ICO scams was PlexCoin, issued in 2017. Promising a thirteenfold return in less than a month, the ICO managed to raise up to US$15 million from thousands of investors.

According to news reports, the sale of the tokens was based on several false and misleading statements to investors, including the size of the company’s operations, amount of funds raised and how these would be spent. In its final judgment, the US District Court for New York ordered the operators of PlexCoin to pay nearly US$7 million for selling unregistered securities.

In Malaysia, some of the questionable ICOs included EcoBit, a digital token that was said to be part of a carbon credit programme under the United Nations, although the intergovernmental organisation has denied any association with EcoBit Asia Sdn Bhd, the company behind the token.

Other examples are Farad Energy, which sought to issue the first cryptocurrency backed by real economic activity but has gone quiet, and CopyCash Foundation, which was looking to launch an ICO for its

CopyCashCoin before being shut down by the SC.

Less than 10 virus cases of foreigners here . Orang mati on the road even much higher here daily, correct? :)

Good for AirAsia fintech ambition

https://www.klsescreener.com/v2/news/view/631136

a strong team :)

Board Of Directors


Datuk Kamarudin bin Meranun
Non-Independent Executive Chairman

Tan Sri Tony Fernandes
Non-Independent Executive Director and Group Chief Executive Officer

Dato' Abdel Aziz @ Abdul Aziz bin Abu Bakar
Non-Independent Non-Executive Director

Dato' Mohamed Khadar
Independent Non-Executive Director and Chairman of Audit Committee

Dato' Fam Lee Ee
Independent Non-Executive Director

Stuart L Dean
Independent Non-Executive Director

Noor Neelofa Mohd Noor
Independent Non-Executive Director

expecting another day like Jan 28, swing widely 1.40 to 1.52 but closed at 1.50. :)


28/01/2020 1.50 1.40 - 1.52 1.50 -0.06 (3.85%) 25,629,300

:)

Airlines Will Rebound from Coronavirus, Analysts Say - Barron's
https://www.barrons.com/articles/airlines-will-rebound-from-coronavirus-analysts-say-51580511636
2 days ago ... Airlines Will Rebound from Coronavirus, Analysts Say ... frameworks of the economic effects of previous virus outbreaks, including SARS, avian ...

fearful investors sell cheap to brave investors, zero sum game. otherwise, mana boleh dapat beli syer murah :)

moreover, the investigation for the 2 execs is not concluded, it could be no case or drag few years like 1mdb case concerning former PM involving ambank, correct? :)

supermax's share price - fly high now, correct?

www.thestar.com.my › business › business-news › 2017/11/24 › ex-c...
Supermax MD Stanley Thai gets 5 years' jail for insider trading ...
Nov 24, 2017 - KUALA LUMPUR: Supermax Corp Bhd group managing director Datuk Seri Stanley Thai Kim Sim (pic) has been sentenced to a five-year jail term and fined RM5mil for insider trading. ... The only other person to have been found guilty of insider trading in Malaysia history is Kim Hin ...
www.theedgemarkets.com › article › supermax-founders-wife-sisterinl...
Supermax founder's wife, sister-in-law convicted of insider ...
Aug 10, 2018 - KUALA LUMPUR: The wife and sister-in-law of Supermax Corp Bhd's ... sister Tan Bee Hong were sentenced to a five-year jail term and fined RM7 ... Supermax shares fall 11% after chairman/MD charged for insider trading.

be sane, stay cool. knee jerk reaction is a good opportunity to make money :)

if really the 2 execs were found guilty after many years like 1mdb case against former PM, just fire the 2 execs, end of the story :)

for us, consumers, still use ambank and fly airasia :)

Former PM is a just public servant, 2 execs just employee :)

ambank's 1mdb case against former PM?

for Airasia, still investigating only its 2 execs :)

5099 AIRASIA AIRASIA GROUP BERHAD
Articles Entitled: (1) "Airbus allegedly bribed AirAsia, AirAsia X RM205m

in spoArticles Entitled: (1) "Airbus allegedly bribed AirAsia, AirAsia X RM205m insports team sponsorship to secure deals" and (2) "MACC investigating Airbusbribe claims against two AirAsia executives"AIRASIA GROUP BERHAD ("AirAsia" or the "Company") Clarification in relation tothe news articles appearing in TheEdgeMarkets website on Saturday, 1 February2020, entitled (1) "Airbus allegedly bribed AirAsia, AirAsia X RM205m in sportsteam sponsorship to secure deals"; and (2) "MACC investigating Airbus bribeclaims against two AirAsia executives"You are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


03/02/2020 07:00 AM


Ref Code: 202002033000001

is ambank still operating with its 1mbd case? :)

airasia is here to stay, regardless of major shareholders or senior staff

opportune time to buy more

like ambank, 1mdb case, life goes on. moreover, for airasia case, not concluded. people still fly airasia. knee jerk reaction.

https://www.dailymail.co.uk/news/article-7957889/Thai-medics-claim-coronavirus-break-Patient-declared-disease-free-48-hours.html

Share price will move upward, fingers crossed

Tomorrow, will see recovery in share price.

Able to heal, cure and discharge patients already.

The health commission said 85 new cases were cured and discharged yesterday, of which 49 were in Hubei Province, where its capital city Wuhan is the epicenter. So far, 328 people have recovered and have been discharged from the hospitals since the outbreak in late December.

Reports: More investors eyeing Malaysia Airlines, AirAsia not ruling out merger ...
6 Jul 2019 · KUALA LUMPUR, July 6 — National carrier Malaysia Airlines Berhad has continued to draw interest from a few investor

Terbaik. Tabik

KUALA LUMPUR (Feb 1): AirAsia has denied corruption and bribery allegations against it, saying it was neither involved in any way whatsoever with the U.K. Serious Fraud Office (SFO) investigation of Airbus nor given any opportunity to provide any information or clarification to the SFO.

AirAsia was responding to news articles on the allegation of corruption against the low-cost carrier and Airbus.

The articles referenced above allege that certain agreements by AirAsia to order Airbus aircraft were improperly linked to sponsorship by Airbus of a sports team jointly owned by AirAsia executives.

“AirAsia vigorously rejects and denies any and all allegations of wrongdoing,” it said.

The entering into of each aircraft purchase agreement was never made by any single individual decision, but instead arrived at through careful evaluation, deliberation and the collective decision of the board members after taking into account technical specifications, aircraft flight performance and operating economics, the low-cost carrier explained in a statement released here today.

The superiority and reliability of the aircraft and increasingly attractive pricing being offered to maintain its competitive edge in the airline business were key considerations, AirAsia said, adding as a customer of Airbus since 2005, it never made purchase decisions that were premised on an Airbus sponsorship.

“We also wish to emphasise that all negotiations and dealings leading to the signing of any aircraft purchase agreement have been undertaken directly with Airbus on an arm’s length basis, and without the involvement of any third parties or intermediaries.

“AirAsia executives negotiated rigorously in the interests of the company and had at all times acted in good faith,” it said.

In any event, AirAsia said it is aware that correspondence between the company and Airbus dating back more than a decade has been reported in the press without proper context or review, noting with concern that views and opinions on the matter may have been formed unfairly and prematurely.

Furthermore, the involvement of Airbus in the sponsorship of the sports team was a well-known and widely-publicised matter bringing branding and other benefits to Airbus, it added.

AirAsia said its own sponsorship of the sports team went through due internal assessment and approvals before being considered and approved by the board.

“As AirAsia and its executives have no visibility on Airbus’ internal processes, we cannot comment on or be associated with any alleged failures or lapses on the part of Airbus to comply with its own policies or applicable legal requirements.

“AirAsia is deeply concerned that these allegations will have an adverse and negative impact on the AirAsia brand, reputation and goodwill.

“AirAsia is monitoring developments in this matter and will review any allegations or negative inferences concerning or affecting AirAsia and/or any of its executives and will fully cooperate with the Malaysian Anti-Corruption Commission (MACC) and the relevant authorities where required,” it added.

AirAsia kuatlah, Hari ini indeks bursa menurun 14 Mata++, AirAsia cuma jatuh 1sen. Luar biasa. Ini membuktikan Banyak pelabur dapat menilai potensinya.

someone wanted to buy cheaper, frightened people that the price will drop further. Make your own judgement and study. Someone had highlighted, 2 opposing forces, one group proposed to buy, another group proposed to sell... make your own judgement/study. otherwise, you will go crazy :p

Bagus :p

Philippines AirAsia delays IPO to 2020 or 2021. MANILA (Reuters) - The Philippine unit of AirAsia Bhd (AIRA. KL) is postponing its initial public offering (IPO) to next year or 2021 as it focuses on corporate reorganization and seeking funds from existing shareholders, its chairman said on Wednesday.Oct 8, 2019
https://www.reuters.com › article
Philippines AirAsia delays IPO to 2020 or 2021 - Reuters

IPO for Philippine AirAsia , either 2020 or 2021 :)

AirAsia flew more Filipino passengers in 2019–report
Author: Tan KW Publish date: Fri, 31 Jan 2020, 4:08 PM

AirAsia Philippines reported robust capacity growth during the last quarter of 2019, up 27 percent year-on-year (YoY) following the introduction of a new Manila-Bacolod route, in addition to frequency increases across popular domestic and international routes, such as Manila-Caticlan and Bangkok-Manila.

“Load factor was, however, lower by 4 points to 85 percent due to the large increase in capacity. The number of passengers carried grew by 21 percent YoY,” the company said in its fourth quarter and full financial year 2019 Preliminary Operating Statistics.

For full year 2019, for all six Air Operator Certificates (AOCs), passengers ferried by the airline rose by 12 percent YOY to 83.5 million passengers.

The company said capacity expansion was “significant” during the year at 11 percent YoY on the back of the acquisition of 19 more aircraft, ending the year with a fleet size of 243 aircraft.

AirAsia Group said it achieved its target load factor of 85 percent for 6 AOCs in 2019. Correspondingly, the number of passengers carried dipped by 1 percent, holding load factor firm at 86 percent.

AirAsia Group Berhad’s consolidated AOCs continued to grow in the fourth quarter of 2019. Capacity expanded by 11 percent YoY, driven by large increases in Indonesia and Philippines.

However, load factor dipped slightly by 2-percentage points to 82 percent in the last quarter due to the higher capacity.

The company said AirAsia Malaysia added 4 percent more capacity and carried 2 percent more passengers YOY, with a softer load factor of 82 percent due to change in pricing strategy. AirAsia Malaysia launched two new international routes, including a new unique route to Dalat in Vietnam from Kuala Lumpur.

AirAsia Malaysia also said it began running commercial flights with its newly delivered Airbus A321neo in November 2019. For the full year 2019, AirAsia Malaysia carried 8 percent more passengers, faster than industry growth, reflecting continuing market share gain.

AirAsia Indonesia’s capacity was 32 percent higher than in the same period of 2018. The number of passengers carried grew 30 percent compared to the previous corresponding quarter, recording marginally lower load factor of 81 percent owing to higher capacity. During the period, AirAsia Indonesia launched six new routes, which are Jakarta-Belitung, Jakarta-Sorong, Kuala Lumpur-Belitung, Kuala Lumpur-Pontianak, Jakarta-Johor Bahru and Surabaya-Lombok.

As for AirAsia India, the low-cost carrier reported that the total passengers it carried went up by 39 percent YoY on the back of a 38-percent ramp up in capacity, improving load factor by 1-percentage point to hit 87 percent.

It also strengthened its domestic position by introducing several new routes, ending the year with a fleet size of 28.

The company said AirAsia Thailand reduced capacity by 2 percent YoY as it focused on capacity realignment and route rationalization.

“AirAsia Japan’s capacity expanded by 94 percent, while ASK [available seat kilometers] jumped by 74 percent following the launch of its third route, Nagoya-Sendai in the third quarter. Load factor held steady at 72 percent, supported by a 95-percent YoY growth in passengers carried,” the company said.

Oversold :p

Date Close
31/01/2020. 1.43
30/01/2020 1.44
29/01/2020 1.48
28/01/2020 1.50
24/01/2020 1.56
23/01/2020 1.61
22/01/2020 1.61
21/01/2020 1.63
20/01/2020 1.63
17/01/2020 1.65
16/01/2020 1.68
15/01/2020 1.66
14/01/2020 1.68
13/01/2020 1.72

Closed at 1.43. fell 1sen today :)

Semua penakut Dah Jual, AirAsia will rebound, already 4pm today, volume is about 14mil compared to about 25mil on Jan 28 :)

Date Close Volume
30/01/2020 1.44 13,739,400
29/01/2020 1.48 11,019,800
28/01/2020 1.50 25,629,300
24/01/2020 1.56 8,822,200
23/01/2020 1.61 7,629,000
22/01/2020 1.61 7,417,000
21/01/2020 1.63 6,775,600
20/01/2020 1.63 5,659,300
17/01/2020 1.65 8,822,600
16/01/2020 1.68 2,579,900

AirAsia has big data of passenger information of many countries/nationalities that could support and make its fintech (bigpay) successful

Tony should hire an analyst from an investment bank to value bigpay if spin off via an ipo in Nasdaq, etc. I think AirAsia share price will fly

The jewel of AirAsia is bigpay in addition to its dominant position in the budget airlines segment in Malaysia and few ASEAN countries

If AirAsia spin off bigpay via an ipo , its valuation should be several times higher than AirAsia :)

Spin off bigpay like grab for ASEAN , a new fintech emerges, big data of AirAsia with the passenger data must be bigger than grab :)

Tech: AirAsia's BigPay eyes big slice of Southeast Asia's online banking segment ...
30 Aug 2019 · AIRASIA's financial services venture, BigPay, will soon increase its offerings to include loans and remittances in its maiden step ..

Can AirAsia spin off bigpay as a fintech to have higher valuation? Shareholders Kaya nanti :)