In the case of AIRASIA with fernandes and kamaruddin buying shares offmkt at $2.98 indicates the third quarterly results will boost the share price.most trading houses have a buy call ranging from 3.50-$4.one can go no wrong with this stock
I think even if astro were to win the EPL rights they will have to pay an incresed sum of 800 million for the rights.this will dilute their earnings and at the same time their share price
Fernandas buy Airasia share at current price are taking long term view.
At current price RM2.95 is attractive if you are long term investors. As for very short term investor, hard to say whether attractive as Malindo Air entry have created great uncertainty and profit of Airasia Malaysia operation will be under pressure. Remember, bulk of Airsia operation are derived from Msia operation at the movement.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
richman
10,110 posts
Posted by richman > 2012-11-08 10:42 | Report Abuse
In the case of AIRASIA with fernandes and kamaruddin buying shares offmkt at $2.98 indicates the third quarterly results will boost the share price.most trading houses have a buy call ranging from 3.50-$4.one can go no wrong with this stock