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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
2021-02-21 17:35 | Report Abuse
Airasia Group Berhad (5099) – The RM6 Billion Baggage Fee
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.
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.
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.
2021-02-19 13:11 | Report Abuse
Rumor Ucrest got a big project worth quite big value yet to annouce
Stock: [CAPITALA]: CAPITAL A BERHAD
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.