Fernandas buy Airasia share at current price are taking long term view.
At current price RM2.95 is attractive if you are long term investors. As for very short term investor, hard to say whether attractive as Malindo Air entry have created great uncertainty and profit of Airasia Malaysia operation will be under pressure. Remember, bulk of Airsia operation are derived from Msia operation at the movement.
Blog: Stock Watch : Astro and AirAsia
2012-11-08 13:29 | Report Abuse
Fernandas buy Airasia share at current price are taking long term view.
At current price RM2.95 is attractive if you are long term investors. As for very short term investor, hard to say whether attractive as Malindo Air entry have created great uncertainty and profit of Airasia Malaysia operation will be under pressure. Remember, bulk of Airsia operation are derived from Msia operation at the movement.