BoomBerg

BoomBerg | Joined since 2021-02-16

Investing Experience -
Risk Profile -

Followers

0

Following

0

Blog Posts

0

Threads

812

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
812
Past 30 days
0
Past 7 days
0
Today
0

User Comments
Stock

2021-02-21 17:55 | Report Abuse

AirAsia.
Borders are unlikely to open anytime soon. Can AirAsia last this long? Will lenders continue to lend AA money? Will Tony pump in his own money? Even if borders do open, it will take some time for things to go back to normal. Tourism is a bad recovery theme to invest in, We shall build our way out of this recession first.

Stock

2021-02-21 17:40 | Report Abuse

Airasia Group Berhad (5099) – The RM6 Billion Baggage Fee

One recovery stock I strongly advice against holding is AirAsia. If it wasn't for the new pandemic law, AirAsia by now is a PN17 company. It has more debt/liabilities than assets. In order to survive, they are taking even more debt, there will come a time where if they do make a profit, most of the

Stock

2021-02-21 17:35 | Report Abuse

Airasia Group Berhad (5099) – The RM6 Billion Baggage Fee

Stock

2021-02-21 17:31 |

Post removed.Why?

Stock

2021-02-21 17:22 | Report Abuse

One recovery stock I strongly advice against holding is AirAsia. If it wasn't for the new pandemic law, AirAsia by now is a PN17 company. It has more debt/liabilities than assets. In order to survive, they are taking even more debt, there will come a time where if they do make a profit, most of the profit will go towards servicing the debt, a zombie company.

Stock

2021-02-21 01:11 | Report Abuse

Frankly speaking the mkt today is very unusual. With or without Covid, the recession is inevitable though most predicted will happen after 2020 Olympics n US presidential election but Covid brought it forward. The bubble is swelling to unprecedented level. Share price run ahead of the real economy by a wide margin. Many companies esp. retailers, mall, energy, etc r shutting down for good or never regain its shape though many thought they'll recover to pre Covid after the pandemic is over. Sooner or later, investor will back to fundamental n major correction will take place. Brace for the impact, though that is unlikely will happen in Biden's first 100 days, probably 2H2021 but you'll never know.. Those stocks without good fundamental will plunge very deep while some will vanish in thin air. Tech stock may drop 70% to 80% borrowing from previous experience as that is seen as unnecessary expenses by most companies.

Stock

2021-02-21 01:10 | Report Abuse

Frankly speaking the mkt today is very unusual. With or without Covid, the recession is inevitable though most predicted will happen after 2020 Olympics n US presidential election but Covid brought it forward. The bubble is swelling to unprecedented level. Share price run ahead of the real economy by a wide margin. Many companies esp. retailers, mall, energy, etc r shutting down for good or never regain its shape though many thought they'll recover to pre Covid after the pandemic is over. Sooner or later, investor will back to fundamental n major correction will take place. Brace for the impact, though that is unlikely will happen in Biden's first 100 days, probably 2H2021 but you'll never know.. Those stocks without good fundamental will plunge very deep while some will vanish in thin air. Tech stock may drop 70% to 80% borrowing from previous experience as that is seen as unnecessary expenses by most companies.

Stock

2021-02-19 13:35 | Report Abuse

0.60 cents ?

Stock

2021-02-19 13:12 | Report Abuse

Hopefully can double limit up

Stock

2021-02-19 13:11 | Report Abuse

Rumor Ucrest got a big project worth quite big value yet to annouce