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2015-01-30 19:38 | Report Abuse
Good strategy by Tony. No body will interfere Kamarudin to convert the existing resources at Airasia as shared services/platform for AAX. The operating cost of AAX will be minimized and will be subsidized by Airasia.
Since Airasia CEO reports to Kamarudin, he can no longer say no to AAX for any help which previously always been "delayed". With this strategy, AAX operating cost can be minimised and focus on revenue.
As for Tony, I believe he already created a good political contact after his recent trip/meeting. He now able to focus on establishing better political contact to add more profit route for AAX.
I wish I have bought AAX before which I wanted to. I hope the price is good for me to enter this time.
2015-01-30 15:45 | Report Abuse
Why you want to enter when it's a downtrend... The solid support level is 2.26. Maybe we can enter when it hit 2.28. It already hit 2.66. It should be getting support level by next week.
But, the price may not move for a year unless there is good news. The reason this counter was up recently because of some good news by skpetro including the dividend and the price was played by EPF.
Imagine if the EPF 's smart money system triggered to offload and the owners cash out their money, the price may be lower than 2.
2015-01-30 07:32 | Report Abuse
EPF is using a system similar to smart money. In any situation, they still will make money.
SKpetro directors bought their share recently to enjoy their dividend. So, to take their cash, they need to offload and most probably before CNY. It 's not fair we have to pay for the price when they sapu the profit.
2015-01-30 07:07 | Report Abuse
Just FYI, RSI indicator shows overbought but less demand... You know what does it mean when oversupply but less demand....
2015-01-29 19:35 | Report Abuse
Alamak... Heading support level - 2.26. Need to offload tomorrow... Hope it will come back to 2.6 before end of this year.
2015-01-25 20:52 | Report Abuse
I hope it will not move up so fast so that the small traders can get it at RM0.7 before the big boys turn it to more than RM1.
2015-01-24 18:15 | Report Abuse
I think the question should be, when the "Profit Taking" will happen so that we can buy cheaper? Our big boys now different. They don't play safe anymore... They behave like day traders now days..
I would suggest wait when it hit RM2.3... Or you can enter now and wait 2017 for good return...
2015-01-23 13:22 | Report Abuse
Alamak... Market upset... going down 1.5.. Need to clear my stock and enter again later...
2015-01-14 19:20 | Report Abuse
DeHouse, I have been monitoring AAX for few months and waiting the right time to enter. AA is a good stock but now is being played by hedge fund for false mode. The chart is too obvious and they need to cash out soon. As long you exit before they exit, it should be ok.
AAX is something they just started to play and it takes few months before they can exit. That is why some of us anticipating/hope AAX to reach $1.5 in the next few weeks.
2015-01-14 18:27 | Report Abuse
I sold mine after I saw double top pattern and neck-head pattern. Moving to Airasia X(AAX) now. Better opportunity to make money. AAX is so much undervalued and demand just started.
So, I hope AAX can reach $1.5 in the next few months.
Stock: [AAX]: AIRASIA X BERHAD
2015-01-31 06:30 | Report Abuse
By reading all the negative messages in this forum with strategy to bring the price down so that they can buy cheaper, it indicates that many investors interested to own AAX stock.
That means, many investors believe that AAX will soon make profit and the price will shoot-up.
This year will be busy year for AAX...