Posted by r°Moi > 2016-04-01 17:26 | Report Abuse
Talks of low jet fuel price and strong RM have made people want to sailang only....
Conveniently... forgetting about the problematic IAA PAA totally....
IAA PAA AAI JAA AirAsia all need money... big money... now the problem is coming back to haunt Tony
It is about the Short Term Note in multi currencies... that Tony mentioned in around January
Posted by r°Moi > 2016-04-01 17:32 | Report Abuse
Well... there is a divvy... let's take one day at a time... be steady
Posted by r°Moi > 2016-04-01 17:43 | Report Abuse
And..... hope this is not a forced buying....
No result.
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CS Tan
4.9 / 5.0
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....
r°Moi
5,802 posts
Posted by r°Moi > 2016-04-01 17:22 | Report Abuse
This is not so good....
This confirmed AirAsia needed the cash... but Tonys original plans to raise cash are not working out...
Cannot get the cash elsewhere... gearing too high maybe.. have to beef up the share capital... before any bankers want to even look at it
IAA needed fresh fund.... no IPO... not even pre IPO... and local JV partners also have pumped in a lot last year
PAA needed fresh fund... but IPO maybe in 2018 only... also no pre IPO
AAI... TATA is ready to pump in fund... can AirAsia match it??
JAA... same
AirAsia is the strongest... but its balance sheet is already stretched... cannot even do the Multi Currency Short Term Note??