don't fall into the knee-jerk reaction by those BODs who buyback shares currently..learn from SerbaDk..its noyt going to be a soft ride for ATA IMS after this no matter if their BODs managed to buy all their free-float shares available in the market

at the same time i do feels that ATA IMS will come out from this issue with new direction but it might take quite some time as i didn't see they have other big potential client to cover the gap Dyson has left

its a knee-jerk reaction over big negative news like this

remember SerbaDk when its tussle with KPMG 1st came out & their directors bought many of the shares? its the same thing. I also learn from my mistake in processing the outcome

i think its time now for manufacturing companies in Malaysia to seriously considering implementing ESG to the fullest..no more trying to cut cost on labour by hiring foreigns..its time to embrace minimum wage & hiring locals

this 'G' in ESG can get any super company into serious trouble

any potential client ATA IMS can get into the pipeline in this instance? i think this will spell doom to their awesome QR to QR prediction in the future

so it indeed end at +-RM1.20 range..congrats to those who made decision to exit at that price point..short rally or not, profit is still profit

next anticipation will be RM1 baseline..RM1 will be a very good baseline for support..if those who wish to reenter again, might wait for another chance at RM1 & keep alert for buying signal when it happen

its a very big mistake to predict future market like 1920s situation..during those times, there were very very few alternatives when stock market got inflated like mad..nowadays, we have so many options to move our money including crypto to reduce the impact..even some banks already move into crypto to avoid depending too much in open stock market aka avoiding too many printed money to be circulated inside stock market too much

& right now, economy is on the verge of recovering, not on the top of mountain..i do believe there will surely be an upcoming of a big retracement afterwards that marking the end of easy money & restoring the pre-covid monetary policy but thats all & thats it, it will continue its upward journey for full recovery

nicely increase..need some time to gain momentum before parabolic hike

@Mabel i don't think its going to immediately hit AA the moment the oil price surged..they have fuel contract to obliged isn't it..my guessing is that the price will move on for a while until RM1.40 before sentiment of oil price gets kicked in & smart money started profit taking

demand >>> supply

most people who lost money because they keep changing & mixing mindset between trading & investing at the same time for the same stock

@09aab01089 the recipe is simple..make ur mind firmly..if u wanna become value investor, STAY OUT OF SENTIMENT TRADE..if u wanna be a trader, STAY OUT OF VALUE INVESTING..don't ever mixed the two because the two can't work together

be dicipline, be firm..u can make it like paktua

those with value investing strategy shouldn't be here..warren buffet will never go the path mark minervini did & mark minervini will never go the path warren buffet did, funnily enough both made money

if i calculate correctly, x-to-x can go to RM1.40 max based on historic movement..but then if anyone want to exit right now also ok already..its already successfully breakout the last resistance of RM1.20 so there's also probability to retrace earlier..RM1.20+- is good enough to exit with profit in hand

i think there' more room until RM1.40 before some retracement..if it can close the previous gap on jan 2020 then it surely very good

@Sslee Urusharta Jamaah Sdn Bhd is NOT a private entity..u can't look at it like how private company run their business..UJ is just MOF's proxy..sometimes (or most of the time) gomen's fund proxies is expected to loss for a purpose like how UJ losses due to TH issues

https://www.thestar.com.my/news/nation/2021/10/10/sop-for-inter-state-tourism-in-place-says-nancy-shukri

She noted that the Langkawi travel bubble was expected to attract 200,000 local and foreign visitors following its launch on Sept 16.

"We reached 300,000 and have now exceeded 400,000. The numbers are expected to pass 600,000 by this month," she said at the launch of the The“Travel Safe Alliance” on Sunday (Oct 10).
--------------------------------------------------------------------------------

& that is Langkawi alone..didn't I told u that tourism is the immediate sentiment due to both supply & demand were eagerly to fulfill each other? & right now demand is surpassing supply, so many people eagerly waiting to go air travel, & this is NOT just a domestic phenomena alone

AA as long as they get support from government & know how to make banks satisfied with the way they managed their current deficit & debt, AA will be OK..& no, u a're deadly wrong if u think that airliners doing business by paying their whole debt as soon as possible, that is not how airliners work

@kong73 that's not how airline business work..clearing debt is not what airliners usually did..making benefit from debt is what they do most

@paktua73 welkom paktua..i knew if u come here then swing to profit is inevitable

lets ride the sentiment while it last!

@Trader4eva on TA perspective, that's normal..the price will retrace EMA9 or even EMA20 & if the price didn't fall below RM1.10, then it means so many holder maintained bullish on this counter & its waiting time for another upside

analyst & fund managers now are more positive with AA

https://www.theedgemarkets.com/article/analysts-airasia-has-met-minimum-fundraising-target-latest-rm500-mil-blood-infusion

if people depend solely on analyst & fund manger's remark before making any decision to enter stock, they're already missed around 25% of early price reboud

& question for naysayers; how the hell did AirAsia managed to reactivate their dormant fleet? how they maintained it before this? using saliva isn't it?

https://www.theedgemarkets.com/article/airasia-plans-reactivate-3045-aircraft-month-if-interstate-borders-lift

where is your awesome financial calculation now?

https://www.theedgemarkets.com/article/airasia-group-signs-amendment-agreement-airbus-convert-formers-remaining-a320-aircraft

dey naysayers..how AA can still sign deal to convert remaining A320 plane ordered into A321neo? AA will use what if they really don't have much money left? they use TF's bowl of spit collection isn't it?

"The scenario in 2012 to 2021 cannot be use as example as that time oil price only stay above 90 usd until 2014 than price start crash"

aannnddd u are using research paper that was based on 2000s to conclude things happened in 2021..yup, seems legit

anyway, u're free to disagree with me..there're so many pros, amateurs, calculators & doomsayers said a lot of things at AA..i only take a look at whats happening around the world, where are we heading right now, how its related to travel sector, & how its going to benefit AA..i don't mind if i'm wrong, i still profitting from it, the different is the range of profit i gain from it if i'm right or wrong..remember, when sentiment kicks in & gaining power, price will moved earlier than the whole financial report u're depending on..sentiment is something u can't simply put measurement on it with financial numbers..feel free to wait for AA to show signs of green financial status before u decide to get in, just don't get caught in at the most highest price

yes for steep price hike..but not for gradual hike..learn the chart passed 2008..the research is within 2000s..it didn't tell the whole story afterwards..take a good look at AA & crude oil pricing during 2009 until 2011..AA is adjusting their operation cost to suit gradual oil pricing hike compare to previous steep hike..& take a closer look 2012 afterwards..more correlation compare to opposite direction

& the study was made across several other airliners, not just AA..imma only interested in AA

yes AA is sensitive towards fuel price hike..but u must remember that they're not robot who can't make any adjustment on their operation cost according to oil price movement, just as long as the oil price didn't hit them like tsunami

@izoklse stochastic rsi indicator didn't shows any overbought situation yet so there's more room for increase..& through history, AA share price did not move opposite to oil price..u can do chart comparison for both & u will see there's far more correlation movement compare to opposite movement for both pricing range

@WanUtama2015 Thailand direly want tourist regardless SOPs..many countries that have heavy tourism industries willing to accept tourist regardless what kind of SOPs they have to conduct..they will surely open their arm big enough for tourist who came from countries that have >80% full vaccination

& the best thing is, A LOT of people were eagerly waiting to travel again, not just Malaysia alone..so there u are, we have both supply & demand eargerly waiting to fulfill each other..AA financial issue can be settle in stages from time to time..but no one were able to hold their urge to go travel for another year

@cheeseburger or u can buy this counter when its already reach RM4 where IBs & this guy make a very rosy prediction with ridiculous TP like what happened to topglove & suchs in glove sector..yes, go all-in when it happen if u want..its fun to lose money big time sometimes, isn't it

@cheeseburger yes u shouldn't touch it as its already fly when pipu bought it below RM0.95..now its already going to reach RM1.20

haih..dear naysayers..can u guys tell us at what price AA will reached then u will change ur tune? is it when AA reached its highest peak then u will sing all blossom & flowers to AA? u actually want to trap pipu to buy at the highest peak isn't it?

@SunnySunshine u want rocket u should go brahims..owh ok, u missed the rocket, isn't it? that's why don't chase for only rocket

wohooo!

ok exit already..thanks brahims

@i3lurker u're supposed to make this counter crash..obviously u didn't do ur job..u don't have any new idea for the next gloomy story is it? ur current fairytale is not strong enough..what for u talked 'going bankrupt going bankrupt' while price keep climbing?

@i3lurker u talked a lot but price still resist..u know how to do ur job or not?!

@Sslee for those countries that already closed shop, yes..but for local, Thailand & Indonesia, it is still too early to tell..right now, sentiment is the catalyst..after all, i don't want to be like those who chase careplus at late stage when careplus recorded historical QR after QR with mindblown target price without knowing that is the highest peak before short selling kick in

so just ride the trend while it last & get out when its over

@Sslee as long as other domestic player offer turboprop & only AA offer jet plane & what more than that, they finally willing to land at certain airport that they previously didn't wanted to, i think AA will be going to be fine

MAS can only offer competitive price like AA temporary, but soon when international travel comeback to normal with SOP, MAS for sure will focus again at their main core business; international flight

haiya political party also can change camp, what more stock

there u go

RM1

congrats all..can start setup exit plan for profit..RM1.20, RM1.10, u choose

help me @i3lurker~

please..i'm melting with all these profits~

@i3lurkerrr!! u better get us a far better version of doom prediction for AA now before its too late!! RM1 is just around the corner damn it!!

big volume keep entering AA..damn u i3lurker! i already stim alot with all your calculation & gloomy prediction..the best is when u predict PN17 will confirm bankrupt..wtf is happening right now? ur armageddon drugs didn't work! i can't get high anymore!

@DickyMe4 no..tony use methane gas from fart to fly..dey, all the planes that operational right now using what? saliva is it?

@PARKER shud enter when its around RM0.91 or RM0.925..now can also but need to have some guts to hold if it retrace for a time being

RM0.97???!!! dude, what happened to all those naysayer's statement?? so many calculation & gloomy prediction & this counter just simply rise without giving any shit about it?

@i3lurker u know how to do ur job or not? RM1.00 is not impossible if things going like this..u've talked so much already & yet AA just simply ignored u..if i'm your boss, i already fire u..u have 1 job!

so we should never only rely on financial calculation as that number can move from good to bad or vice-versa anytime soon when sentiment changed...put your learn also on the sentiment, learn where world is heading to & how it affect certain sector

@Kingbeast soon the ASP will be lower until the profit margin will be quite thin for those small player..soon this business will be a cutthroat business, so only those who have the best product, the bigger footprint, the most recognised that will survived..but all those small players will soon perished gradually just as good as demand fading away..US & Europe might avoid China's glove due to various reason so their options will be Malaysia as Malaysia have been the major producer & keep maintaining the product's quality over China option..but only those who have access to US & Europe market will survive the most while China producer might entering 3rd world market for cheaper glove market & that is where our laggard producer will have to play too..rubberex might have some access to Europr through their Spain branch but i don't think they can cater a huge demand as Rubberex didn't even expand their network there

so prepare to get enjoy the next dead cat bounce, but don't expect it will be like previous super rally

the signal is clear; demand are dropping, worldwide player's production were ramping up, & there's no turning back
yes, there will be a dead cat bounce, but that's all & that's it, it will only be dead cat bounce..it will not going to be like last year's super rally

short selling end is only an event that stop the huge dropping, but it didn't necessarily mean that super rally is on the way next

The graph that every glove investor didn't want to approve & believe but seems like true after all;

https://cdn.thestar.com.my/Content/Images/rubber_glove_pic1.jpg