@John1234 "If an industry-outsider like keown83 can see a falling or normalising ASP coming, why couldn't Top Glove management see it coming and do the share buyback at much cheaper prices now?"
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different company have different view on share buy back strategy where they can have different reason on why they bought back their own share..u can't expect all company to have the same view, the same strategy & the same reason on why they did it

topglove did there done that, serbadk did there done that..but still the price plummeted like nobody care

there're two mistakes one can never repeat else will always losing their money;
1. thinking all share buy back is the same & all will translated into price uptrend movement
2. thinking covid will be here to stay where the situation will be like last year & that will make glove sector rally will do comeback soon

vaccination rate, global economy recovering, a lot of glove small players emerged worldwide, completed expansion of existing giant producers with 100% full force production, ASP keep declining, all these is the red alert to glove sector

the sentiment needs to be cool down 1st until economy start to become normal, then glove giant will have their time again to shine due to their strong fundamental..but the same can't be said towards laggards including rubberex..only time will tell how sustainable their expansion of production line is for the next 5 years to come

not malaysia la, the whole world..don't u read news? more & more international car company want to introduce ev, some of them even making a bold statement for future all-ev production only & will end their conventional engine product entirely..thats how serious ev business right now

@Youngkid no prob for speculation as long as it delivered & genetec still profitable & have so much more..glove only have its high value during pandemic..the moment pandemic under control, vaccination rate rising, & ASP drop, so does the value of glove product in the eyes of market maker

u can have a lot of things to offer for digital future where genetec on the ride, but u don't have anymore things to say about glove other than pandemic & only pandemic

More analyst cut topglove tp to RM2.60;

https://focusmalaysia.my/analysts-slash-top-gloves-target-price-amid-average-selling-price-decline/

i think this is good for those who didn't have any share yet in glove stock & thinking on having one, but only for a very strong fundamental company like TG

but this tp slashing for giant glove player does not spell good for laggard like rubberex..no wonder rubberex did share buy back..but i doubt this will do any good for the share price

22 days full of naysayers but still price maintained at RM0.90 range

if im your boss, i will surely terminate u guys..u guys know how to create a real fear monger or not? u had 1 job fellas

X-to-X estimated should be RM6.15

@BursaRangers whats your take on this counter?

wait..i thought it should be just enough by showing mysejahtera cert? that's quite inconvenient

@Sslee quite interesting, isn't it? but then we should already sensed this earlier when it happened to glove stocks..superb qr, full of cashpile, yet price keep plummeting like no tomorrow..it's a big principal challenge for those who all this while believed in fundamental investing

India have a reputation of scammers well-known worldwide & unfortunately their government have done so little to combat it..its like whatever company wanna do business there, sure will have to endure scamming activity done by the locals that they hired

crowdfunding for short term only also predicted for doomsday meh?

& yes AA is not sincere with refund..so does Amazon..& worst in India..anything company ventured in India seems will conned their customer no matter what..Amazon also have many cases of cheating related to them

@PSAi3alert telcos made a lot of false promises but majority of them didn't drop price until 0.00

TM still pricing around +-RM6.00 although u knew how much bullshit they have marketed on their internet packages..& so does other telcos lilke Maxis & Celcom

are u tryin to do some bullshit claim too? im starting to doubt your previous posts

@Juliana i think u're still living deep inside some cave somewhere when AA promoted this in 2015;

https://www.airasiapromotions.com/airasia-rm1-lowest-fares-promotion/

LOL querying how AA gonna profit with low ticket price

u just found out today or what? where have u been all this while when AA have practiced the same marketing strategy today since years ago?

@Juliana u should ask that question years ago, not today..please dun tell me u just found it today that AA gave cheap ticket price..they always sell cheap ticket price, way cheaper compare to MAS, i dun know where have u been all these while

“By the end of September, for the first time in Malaysia, people can now order Langkawi duty-free products online and have them delivered straight to their hotel within the same day, via Teleport’s six-hour express service."
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OK 1stly i'm not a big fan of AA though i have their share, but this, the super app, if its indeed works as it mentioned, is trully convinient..those who used to travel in langkawi will know that if u go holiday in langkawi, u will have to set 1 day just for shopping at duty free shopping area..but with this app, u don't have to & still can shopping duty free item..that will enable the 1 extra day for u to plan for other activity in the island

i don't know about others, but i found this very very useful the next time i go to langkawi again

@DickyMeeu joking or what...hotels in langkawi fully booked liao..baron hotel even went to the extent of pursuing cust who booked earlier during huge discount to cancel their booking & rebook..end up the new price went back to normal price which is nearly 100% compare to previous discount..thats how havoc hotels booking currently in langkawi

anyway, better book your hotel with Airasia if u wanna go to langkawi..at least hotels won't dare to play trick on you

@Sslee Malaysia don't need..just show mysejahtera cert..quite convenient

pray that rubberex found their strong support at RM0.50..if even RM0.50 barrier breached, then u guys have to painfully welcome rubberex to their next support at +-RM0.40 or worst, at early covid strongest support at +-RM0.20..& i think RM0.20 region will be the last of the last strong support of rubberex & they can no longer go way below that due to their current operational expansion that is bigger than their previous production

before this, there're so many calculation of glove prospect for years to come, IBs & also amateurs to justified why people should not jump out of glove stocks & keep averaging down..yet here we are, glove stocks plummet like no tomorrow even though almost all of them full of cash & have a very good QR..someone just exited glove stock at -RM6k loss recently..

& right now we have another type of detail financial calculation, but this time its contra compare to glove stocks..AA with full of gloomy prediction based on current financial calculation, while at the same time market emotion were geared towards economic recovery where air travel is one of the things that put market into interest with..will IBs & amatuer's detailed financial analysis prove them right & can go against market emotion, or will history repeated itself? lets wait & see

me? i'll ride whatever uptrend i found..if doomsayer is right, the uptrend will be short term & i'll gain small profit..if doomsayer is wrong, then the uptrend will be long & i'll going to ride it while it last

https://klse.i3investor.com/blogs/CCthoughts/2021-09-11-story-h1571465511-6_LESSONS_from_the_Rise_Fall_of_GLOVE_STOCKS_2020_2021.jsp

take lesson, fellas

i only see future opportunity in TG, Harta & Kossan..but no, not rubberex

@DickyMe i really like the idea of the doomsayers about AA will go bankrupt & ceased to exist..such extent of confident level they have posed there..i like the drama they have crafted..yeah i know they will happily silenced themselves once proven otherwise just lke any other trolls, but hey, its fun to see the result in the end

@PSAi3alert

1. i was responding to ur point about maintenance, not the lease cost per-annum

2. i guess u were born yesterday so u didn't aware & only rely on news..ok lets leave it that way

3. OK. Do AA still kept their whole leased aircraft since 2020 until today? yes or no?

@PSAi3alert
1. Most AA's fleet is a leased from several lessors (~80%), Etihad owned most of their aircraft
2. Parking charges is all depend on the airport where they park their fleet. We can't make a direct compare simply like that with other airline in other country with other airport operator. MAHB is a GLC, while AA has closed relation with government. they have enjoyed lots of benefit when it comes to airport services for airliners, i think they enjoyed the most compare to other small players
3. Etihad is like MAS, both a government-arm of commercial air travel services
4. if u want to compare, compare Etihad with MAS

@DickyMee dun play2 with RM2..if AA break beyond RM2.00, then that's a big sign of rally to RM4.50 that ur twin id chanting non-stop..dun chant RM0.45 la, u want to recover ur lose or not? chant together with ur twin RM4.50 better

but seriously guys, please..spend some of ur profit to go holiday in Langkawi..Langkawi tourist business in direly need your money to restart their business back to normal..i've brought my family after MCO 1.0 relaxed & have some fun there 4 days 5 nights..i like it when Langkawi is not too much crowded with tourist unlike pre-covid but that is just me

but err, dey @DickyMee, i knew u still hold paper loss like around -50% on this counter, but u're also welcome to have fun in Langkawi with your hard earn money elsewhere..hope it will help with your traumatic experience in this counter..have some chill will ya

either u're naysayers or optimist, welcome to Langkawi on board AA fellas!

https://newsroom.airasia.com/news/airasia-stringent-safety-measures-on-ground-and-in-flight

with government latest news on tourism in Langkawi SOP, it seems like air travelling is way easier than land

(didn't i told u TF knew how to dance with those in power? LOL)

@Stockhunter88 & that qr performance will drop gradually especially next year when global are ready for economy recovery once majority countries achieved at least 60-70% of herd immunity..during that time its no use anymore to regret

don't trust too much on the expansion line rubberex have done..that additional line can be close anytime in the future the moment demand decrease & rubberex can still get a handsome profit after eliminating some overhead cost from the additional line although the profit may not as big as 2020 or mid-year 2021

check on TG price movement starting 2009 & onwards during H1N1 & compare it with rubberex on the same timeline..& check on Kossan on the same timeline

only the giant in this industry will thrive once the global event is over

no wonder chanting RM4.50 & RM0.45 non-stop..hold AA since RM1.80 sure traumatic one..i feel u bro..what a gambler

yes i did enter AA RM0.925 but i also have exit plan once things going south..i don't mind small profit & i'm also already setup my exit losing price if its happen..& i thot i'm the silliest people here

@DickyMee RM1.80 walao how do u managed ur trade la dey? last time AA priced at RM1.80 around nov-dec 2019..u shud have cut loss already on jan 2020..where is your exit plan dey? u dont have exit plan ah? once enter hold till die, downtrend also die2 hold ah? walao super gambler la u..i thot im the silly wan

Sementara itu, Penganalisis Affin Hwang Investment Bank, Isaac Chow berkata, bank pelaburan itu menjangkakan AirAsia Group akan mencatat kerugian bersih teras berjumlah RM2.16 bilion tahun ini berikutan unjuran pergerakan penumpang yang rendah.

"Bagaimanapun, kami tetap positif dengan trajektori pendapatan bagi 2022 hingga 2023 berikutan kadar vaksinasi yang tinggi, pembukaan semula sempadan dan permintaan 'terpendam' yang mendorong pemulihan kukuh dalam pergerakan penumpang," katanya.
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there is a people who predict future based on current performance & simply disregard any future factor internal or external, some even talked like they knew well TF & AA undisclosed planning in & out, talking like nastrodamus (i liked this people in forum, its fun)

& there's also some people who predict future based on future external & internal factor at the same time accepting current performance but see it as glass half full instead of glass half empty & fully aware of financial strategy that the company made while waiting the global event to be over

if u asked me, i would say that i will also become major pessimist on AA IF (BIG IF) we are not in some global event that causing a major distruption in global & domestic air travel yet losing money quarter by quarter, what more if the major event is temporary (although quite long) & business will surely back to normal once the event ended or kind of ended..yes, i will become that pessimist if it happened like that

anyway, choose whatever kind of person u want to be, fellas..i didn't hold your money anyway

@chinaman yes please go talk that to those who still hold glove counter at the most highest peak with >-70% paper loss currently

@chinaman but but but riding on initial short term uptrend for money-losing counter manyak syiok wor..it feels good mang! much much better than everaging down a laggard glove player right now thinking that their impressive QR & cashpile will drive them another super-rally like last year

right now some even having paper-loss >-60% liao in glove counter

https://www.klsescreener.com/v2/news/view/878251/johor-keen-to-partici...

ISKANDAR PUTERI (Sept 7): A special committee set up by the federal government to discuss the reopening of the Malaysia-Singapore border is expected to involve representatives from the state government.

Johor Menteri Besar Datuk Hasni Mohammad said the reopening of the border is a fundamental component of the state's economic recovery efforts.

The reopening of the border is expected to reinvigorate the retail and tourism sectors as well as revive economic activities in the city and nearby districts of Johor Bahru.
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awaiting this to happen & airspace is reopening again for travel from KL to Singapore..but i think this one will paralleled with reopening airspace for international travel regardless strict covid SOP

but hey, who am i against all the doomy glomy experts, right? they're more expert than me

& that sir, is Thailand alone..

but then, this thread is bored without all the gloomy doomy stories..carry on, fellas..don't stop the fun

https://www.klsescreener.com/v2/news/view/878279/airasia-thailand-registers-high-load-factor-in-key-travel-destinations

BANGKOK (Sept 7): AirAsia Thailand has registered a high passenger load factor following the government’s announcement to ease travel restrictions from Sept 1, 2021.

in a statement today, AirAsia Thailand chief executive officer Santisuk Klongchaiya said the airline has resumed 11 routes as part of its gradual return to domestic service on Sept 3, 2021, supported by health and safety enhancements.

He said the carrier has been flying direct from Don Mueang International Airport in Bangkok to Chiang Mai, Chiang Rai, Hatyai, Nakhon Si Thammarat, Narathiwat, Khon Kaen, Udon Thani, Ubon Ratchathani, Nakhon Phanom and Roi Et since Sept 3, and direct flights to Phuket on Sept 8.

“We have seen a positive response within the first three days of returning to service, especially for popular destinations such as Chiang Mai, Chiang Rai and Hatyai, which achieved as high as 90% passenger load factor.

@8888_ Singapore of cos is ahead of Malaysia in covid-19 vaccination rate..Singapore is already 75% fully vaccination rate while Malaysia is catching up

in terms of aviation, Malaysian government will surely won't let MAS going down..MAS is like any other country's national airline carrier..suck or not, government will not going to let MAS going down..MAS is GLC, government need their aviation arm to operate, they can't depend on privateer to fulfill their need..remember, it's MAS who delivered to us all the vaccine government purchased

@SMGaspar u shud become a politician

@i3lurker that weed not strong enough..i can't get as high as u man..u've said that before & AA seems like doesn't a shit..any other strong stuff? come on, u have to..even IB loss to AA..not many stock so stubborn like AA vs the IBs..so u must be far better than any IBs out there

price keep increase..how can..i3lurker & friends have worked hard spelling doom & gloom on this counter..at least now should have reached RM0.50 & below

dey @i3lurker, you have any other trick? better use it to the fullest..this counter seems like didn't give much attention to your story-telling..maybe need a far more extravaganza doom story

bottom reached..bounce back in the process

hey calvin! at last u've came..welcome & have fun create havoc in this thread! share your much gloomier future prediction about AA..it shud be way better than i3lurker's version...don't disappoint us ok

RM1 will be the big test..if manage to break RM1 later on, hari raya lor

if not, then have to exit 1st..its a sign of short uptrend ending..but then the double bottom looks very tempting

don't play2 with TF..TF knew how to dance with every political faction, even PAS

Don't get shock if suddenly he wear kopiah & quote hadis..anything that can help his empire to stay afloat he can & will do it

LOL

@i3lurker plus

huge plus is that all this is assuming AA does not stop operations.

since AA is already bankrupt with negative 48 sen per share, AA stop operations is actually any day any week or any month now.

Once AA stop operations everything will be auctioned off including but not limited to mangoes.
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that's a good dose of pot u have there..the imagination so high liao..share some la dont be too greedy..i want to get high also

hei, i3lurker..where's your good friend calvintan? he didn't join u making fun spelling gloom in this thread ah? invite him also la..kesian his uploaded topic didn't get attention much..got attention also always kena bashed

if vaccination plan running smooth as what MOH already planned, then 80% herd immunity for at least klang valley can be achieved successfully, though i think it will be more than that..klang valley is speeding up in almost everything..economic recovery is in full force

vaccination in klang valley is the fastest & most wide spead in Malaysia for big population area