Tomorrow sky is the limit for AA

If you have this stock then sell all to them but small fish pls avoid spend your hard-earned money on it even if the price dropped. This stock only valued around 10 cents.

Nothing yet to show but prices already limit up...not a trapped then surely it's a loh chin stock

Tomorrow morning surely a great show to watch on AA and AAX. This laggard stock will definitely moving up to its previous high in the coming weeks.

ocpd must try to gain a few hundred thousands from AA this coming week then only ocpd wil forget about his bad experiences with AA and TF...hahahah

Unfortunately many greedy small fish will believe any story created just for the purpose of pushing up their share prices. That's why those who jumped from buildings and bridges are small fish not big shark or company director.

Market going to slump soon....bursa authority just sitting doing nothing enjoying their super rings watching record after record created at bursamalaysia.

Another recycled article...so boring

Many stocks went up so much not because of huge earnings but mostly because of big sharks and market manipulators

If results not as wonderful as expected surely all this stocks going to limit down next week

This article already recycled for at least 5 times. No other ideas to share ? Share prices already went up so much still said very cheap ? But unfortunately there are many greedy small fish out there easily get cheated by this type of recycled news.

Vaccine is coming soon.... that's for sure. Don't mislead public with your incorrect writing. Phase III need at least one year to complete ? Today is the year 1990 ? Today already 2020 !! Why so pessimistic ? Not happy to have vaccine to defeat the monstrous covid-19 ASAP ?

If bank willing to help you, do you still need to use your money to bail out your own company ? Furthermore AA is a public listed company not private limited company. Where got major shareholder use his own money to bail out a public listed company... really idiotic thinking

With so many positive news about AirAsia today, the only direction for AA share prices is up up... and up !

TF is a genius entrepreneur and a farsighted businessman. There's nothing could defeat him even the fierce covid-19 can't KO him.

https://newsroom.airasia.com/news/2020/8/7/tripcom-group-and-airasiacom-announce-strategic-partnership-to-boost-travel-revival-in-china-and-southeast-asia

Newcomer ?? Can't blame you since you still a young fish. Do you know that TF turned the bankrupt Pelangi Air became Asia's largest low cost carrier in just a few years ??

wallstreetrookie Why buy a company on the verge of bankruptcy and why not switch to stocks on momentum? Are you a die hard fan of Tony Fernandes? He probably doesn't care about his shareholders, keep spinning webs of deceit to lure shareholders into raising more money.

Totally agree !!

sampooler AA not run by brainless ppl la.. suppose small amount of the loan they will buy back their share.. as for them it is good investment at the current low. they can sell once reach good price to settle the whole loan.

If you are jobless.. better don't talk about travel.. go penang also a problem right. like some ppl if no budget just travel South East Asia.. we need to relax not just work work..

1.50 in 30 days...too pessimistic, I think 1.50 before end of August with more international borders opening soon. Furthermore Malaysia is under green country category and could allow to land at major airports around the world soon. Let's fly with AA to its older day glory as the best low cost airline in Asia.

Why go and buy those stocks already goreng so high but with weak fundamental, this type of share prices won't last long because not supported by strong earning.

https://newsroom.airasia.com/news/2020/8/7/tripcom-group-and-airasiacom-announce-strategic-partnership-to-boost-travel-revival-in-china-and-southeast-asia

Without US support, HK’s future as the main financial hub will be greatly affected.

Another big shark is promoting their next limit up stock...sailang Monday (hopefully market not crashing next week)

Hopefully won’t hear the sad news about someone jump from Penang Bridge because of market crash in bursa. In this kind of market manipulation environment, surely many will become instant millionaires but definitely in the near future you will also hear someone jumping from Penang Bridge or high buildings. Good luck !

Ppls want make money let ppls make don’t la pour cool water as everyone has brain to think la. Look at the trend should hit above 2.00 nx week and if the pengoreng fierce full 3.00 also can reach.

Bursa casino is much bigger than Genting now...congrat to bursa authorities for assisting this new fame to bursamalaysia.

Bursa casino is much bigger than Genting now...congrat to bursa authorities for assisting this new fame to bursamalaysia.

Bursa casino is much bigger than Genting now...congrat to bursa authorities for assisting this new fame to bursamalaysia.

https://www.thestar.com.my/opinion/letters/2020/08/07/caution-for-novice-investors#.Xy6aKC_kuk8.facebook

https://www.thestar.com.my/opinion/letters/2020/08/07/caution-for-novice-investors#.Xy6aKC_kuk8.facebook

https://www.thestar.com.my/opinion/letters/2020/08/07/caution-for-novice-investors#.Xy6aKC_kuk8.facebook

Why this loh chin stock allowed to use the name genting... just bring shame to genting group

The greatest loh chin stock in bursa !!! If ppl want to buy sell all to them but small fish don't ever use your hard-earned money to buy this loh chin stock !!

DO NOT invest in HO WAH GENTING BHD for its Covid19 vaccine work.

What they are doing is to see if the polio vaccine is protective against the Covid19. I can tell everyone right now the polio vaccine is not protective against Covid19.

How do I know that?

1 - Polio is a different virus from Covid19. 100% different virus. Vaccines are very specific and so is the immune system.

2. All Malaysians have been vaccinated against polio as children. Most people around the world have also been vaccinated against polio.And guess what, we still catch Covid19. If the polio vaccine had any protective ability, nobody is Asia, Africa and most of America would not have caught Covid19.

3. I have the correct training to professional call a stupid biomedical idea, idiotic..This is as idiotic as the people trying to see if the BCG vaccine works against Covid19, it doesn't!

Retail investors, AVOID Ho Wah Genting! Their attempt at using the polio vaccine as SARS-Cov2 vaccine will NEVER work.

Ho Wah Genting management if you are reading this, stop f-ing around. You are dragging the Genting name through the mud. You should be ashamed of yourselves!

If you want to make a vaccine against Covid19, do so properly. I know you are not a biotech company and don't have great technical experties, you are a cables and transportation company. So here is some general advice from someone who has worked at the NIH, make an inactivated viral vaccine. It isn't anymore difficult than growing the SARS-COv2 virus in cell culture, harvesting the virus, concentrating it either by ultracentrifugation or making a modified virus and purifying it on a binding column and inactivating the virus with formaldehyde. You can gamma irradiate for extra safety.

Don't forget about AAX, next week double profits

With so many good news, AA will be heading to 1.00 next week

Vaccines coming soon... everybody could fly again with AA

https://www.livemint.com/news/world/world-s-first-covid-19-vaccine-to-be-registered-next-week-by-russia-report-11596802242325.html

AA digital businesses should contribute lots of profit for AA soon. Monday AA will be able to fly high in terms of price appreciation... don't miss the flight.

Airlines in Asia have resumed flying and in an interview last month, he said the airline is confident its business will continue to survive, given the efforts already undertaken to raise cash and to cut costs, more importantly to see its cash expenses drop by 50% this year.

With revenue now up and costs being cut, the airline’s cash burn rate will lessen and it is also seeing major improvements in its digital businesses that has seen big jumps in activity since the MCO.

“Our logistics model through Teleport is doing really good. We have permission now to use our passenger planes to carry cargo, which means we are operating almost 60% as a freighter. That is a growing business and we are now trying to look at land logistics to supplement our air logistics and no one can match our network. Teleport is very valuable, he said in the interview.

“We have built a nice e-commerce and food platform business. The thesis of our digital business is that you convert your big database into other products. It is predicated by Big Points, which is now the largest Asean points provider.

“Our digital is split into travel and we are now doing a massive deal with a massive airline and that is going to prove the thesis. It is a global brand and they want to be on AirAsia’s platform to sell their products. Because of Covid, we will catch up with Expedia and the other brands in terms of hotel supply.

“What we built in three months we could never do in normal time. We had three months of doing nothing and that enabled us to rethink our whole digital strategy and build it up and really focus on it. What would have been done in 18 months was done in three months. We didn’t waste the time, ” he said.

Today Malaysia and Singapore only have one local case... AirAsia and Singapore Airlines are ready to take off next week, pls tighten your seatbelt.

Big sharks going to turn their attention to laggard stocks like AA and AAX next week and most likely property and construction stocks as well

Big sharks already started to unload glove stocks on Thursday and Friday because they knew vaccine is coming very soon.

Once WHO announced the end of covid-19 pandemic, AA will easily back to 3.00 next year. Tak percaya ???... percaya lah...

Vaccines coming very soon....AA and AAX going to skyrocket beginning next week

Airlines in Asia have resumed flying and in an interview last month, he said the airline is confident its business will continue to survive, given the efforts already undertaken to raise cash and to cut costs, more importantly to see its cash expenses drop by 50% this year.

With revenue now up and costs being cut, the airline’s cash burn rate will lessen and it is also seeing major improvements in its digital businesses that has seen big jumps in activity since the MCO.

“Our logistics model through Teleport is doing really good. We have permission now to use our passenger planes to carry cargo, which means we are operating almost 60% as a freighter. That is a growing business and we are now trying to look at land logistics to supplement our air logistics and no one can match our network. Teleport is very valuable, he said in the interview.

“We have built a nice e-commerce and food platform business. The thesis of our digital business is that you convert your big database into other products. It is predicated by Big Points, which is now the largest Asean points provider.

“Our digital is split into travel and we are now doing a massive deal with a massive airline and that is going to prove the thesis. It is a global brand and they want to be on AirAsia’s platform to sell their products. Because of Covid, we will catch up with Expedia and the other brands in terms of hotel supply.

“What we built in three months we could never do in normal time. We had three months of doing nothing and that enabled us to rethink our whole digital strategy and build it up and really focus on it. What would have been done in 18 months was done in three months. We didn’t waste the time, ” he said.

Cargo operations are said to be enjoying robust business and load factors are up to 70% but without travel being opened to international destinations, AirAsia will not be able to make a profit by just relying on domestic routes.

According to the latest set of results, AirAsia swung in the red in the first quarter to the tune of RM803.85mil. For the first time in many years, the LCC recorded a negative earnings before interest, tax, depreciation and amortisation (EBITDA).

AirAsia’s EBITDA was in deficit of RM28.5mil compared to a healthy RM525.6mil in the corresponding period a year ago. The biggest expense items are staff cost, fuel cost and maintenance and overhaul cost.

AirAsia still has RM1.6bil in its kitty to run its operations. However it would not be enough to see through the operations in the difficult times and the RM1bil cash injection is expected to help it through next year.

“The RM1bil in financing is what the major shareholders of AirAsia were looking for to tide over the tough times. It should be sufficient for now, ” says a source.

AirAsia Group Bhd, Asia’s leading low cost carrier (LCC), has secured financing to the tune of RM1bil that will give it the much needed cash flow to survive the turbulent times of the industry.

Sources say a consortium of local banks has put together the financing package that the LCC can withdraw over time. It will now seek a guarantee from Danajamin for 80% of the loan. Drawdown on the loan is contingent upon AirAsia flying to international destinations. The hope is that travel bubbles will be initiated in stages to destinations in Asia, with Singapore set to be the first stop.

“The money should be enough for now for AirAsia to tide over the turbulent times that the airline industry is going through due to the Coronavirus pandemic. It is also the first major loan that is being disbursed via the Danajamin loan guarantee scheme, ” says a source.

AirAsia is the leading LCC in Asia with its reach stretching up to China. Due to the Covid-19 pandemic, it was forced to shut down the operations for almost a month in April. The LCC resumed operations in May by flying mainly domestic routes. Passenger bookings, flight frequencies and load factors are gradually improving

AAX going to the moon Monday along with AirAsia...grab it Monday morning before it fly to 15 cents next week

Line up 95 cents to buy on opening bell Monday morning....1.50 coming next week !!

For a start, AirAsia will launch daily flights between Kuala Lumpur and Singapore, and one weekly flight each between Singapore and Penang, Kota Kinabalu, Kuching and Ipoh.

These flights were scheduled for the week of Aug 17 subject to further announcements by the governments, it said.

AirAsia said it welcomed the decision by the Malaysian and Singapore governments to open up cross-border travel for essential business and official purposes between both countries through the RGL scheme.

The RGL scheme requires eligible travellers to abide by the prevailing Covid-19 prevention and public health measures mutually agreed on by both countries, which include undergoing polymerase chain reaction (PCR) swab tests.

AirAsia Group chief executive officer Tan Sri Tony Fernandes said the airline was thoroughly committed towards resuming air connectivity and thus reviving economic activities in the region.

"The RGL might only be the first step but certainly is most important as both countries start to revive the economy,” he said. - Bernama

Write KUALA LUMPUR (Bernama): AirAsia is gearing up for the resumption of flights between Malaysia and Singapore including the Kuala Lumpur-Singapore route that is touted to be the world’s busiest following the decision to implement the Reciprocal Green Lane (RGL).

This would be followed by other international destinations subject to approval from the authorities.

Line up 95 cents to buy on opening bell Monday morning....1.50 coming next week !!

Monday open limit up !!!