Dropped more than 50% since one month ago. :)

Thank you Asria

Asria, send me the link to show 70% of Brahims revenue.

Wong, where you get this figure or you just guessing ^_^

Update from HLI, short term target price revised to 2.21. 1.80 cut loss. short term uptrend 2.07 due to heavy sold off. Not sure how true Happy trading :)

Large amount the shares sold but also bought in open market at the same time. Do you think small share holders able to do so :)

The owner of Brahims direct and indirect holding 60% shares, If they continue to hold so many unit of shares, no liquidity of the share transaction to jack up the price unless the owner rich enough to do so. This is a good sign to see the owner released large amount of shares. This will attract fund investors to inject their investment to maximize their profit in long term.

Remember, Mas is only 1 of 37 airlines using his foods supply, KLIA 1/2 shops, halal foods production, most of the gov events catering/foods supply, sugar plant and further future development. I will be happy if the price drop to 1.5, i will continue to consolidate the shares. Happy trading:)

No comment, they are doing unknown business activities since a year ago. Get few millions for their own pocket since a year ago and did nothing. The long term investment will still depend on what kind of announcement they going to make. If the mother share drop to 0.50. The Wa worth for 0.00, during conversion after expired on 2016, you still need to pay 0.50/share to own a mother share. The risk is very high, if i remember correctly, the issued price was 0.19 only when the mother share price is 0.625 last year. The company already took advantage from share holder with a premium of 0.065/Wa unit equal to 34% premium. My feeling is they are not quite sincere to the share holder that already put their money to the company since a year ago.

Exercise price 0.50. mother share price is 0.625 now. ratio is 1:1. The Wa is worth for 0.125 only. If big fish want to push down the price of the Wa, this is possible.

There are totally no news since July last year about the acquisition proposal to buy low risk assets. Already close to a year, still no news about the acquisition and no assets to start the business. Management team continue to use share holder money to put into their own pocket since listed a year ago. May be something going to announce if not the investors will lose their interest in this type of share. Once investor lose their interest, the share price will continue to drop until something goods announced. You may buy some units for gambling but do not dump all money into this share. The risk is still high with unknown business activities of this company.

Recently China aluminum producer planned to cut 2mils tonnes output each month in Q2 2014 due to low aluminum price to minimize the losses. This could be the reason caused the price up for temporary. Aluminum price up now do not mean Pmetal and LB make huge profits, could be lead to reduce the losses. If you check the warehouse inventory chart, the stock still not touching the bottom. The aluminum price may continue to drop further and cause the main players in the market to enlarge the losses. Also, London Metal Exchange (LME) stock level was only 3.3mil tonnes on 2009 and 2014 was over 5.5mil tonnes. It look like the stock was over bought and looking for buyers to reduce the stock level. Happy trading :)

http://www.reuters.com/article/2014/03/05/china-aluminium-idUSL3N0M035520140305
http://www.kitcometals.com/charts/aluminum_historical_large.html

Airasia is also using F&B services of Brahims, Why Airasia still making a good profits?