Ahh. I don't mislead or spread rumour. Just asking for your opinion only. Some might have misunderstood my tone of message.
>>> Posted by eesquare > Jun 7, 2019 4:17 PM | Report Abuse Asking for your opinion. What are the chances of Airasia acquiring AAX? Also, why do you think Tony & Kam acquire 10% share at the end of last year? If they offer to take over at 60c per share, profit?
Negan’s comment on oil price drop to USD10 AAX also cant make money is truly irresponsible, y u dont pro rate the jet fuel cost in Q1 2019 to USD10 and see if they can make profit or not??? Simple calculation only leh Negan...
AirAsia X has rebounded higher after a series of selling down. With RSi above 50%, he may breaks the immediate resistance level of RM0.23 and moves towards short-term target of RM0.255 and RM0.275. Meanwhile, it may continue moving sideways if it fails to cross the RM0.23 mark in the near term. In this case, support is anticipated at RM0.21, whereby traders may exit on a breach to avoid the risk of a further correction.
today breakout of resistance with a high of 0.245 and close at 0.24 expecting to hit first resistance at 0.255 within one week and if brent oil price can stay below $65 it will ultimately test resistance 2 at rm0.275 withing 2-4 weeks
Many ppl saying aax falling from Rm1 to now but dont forget many counters like Sapura and Knm also used to be dollar stock before..just need to know timing when to sell and buy...
It's making money and next quarter I expect it will be making more money. The momentum is there. Beside both directors (TF and KM) has been accumulating and are not selling.
@eesquare Asking for your opinion. What are the chances of Airasia acquiring AAX? Also, why do you think Tony & Kam acquire 10% share at the end of last year? If they offer to take over at 60c per share, profit?
Anything is possible. Look at Digi and Axiata, both are profitable companies. They are talking about merger already to improve their position.
All AA/AXX need is something compelling to make that happen. Personally, I welcome the moves as I'm holding both shares; likewise same with Digi and Axiata.
Merging will reduce duplication and reduce cost. Any excess will go back investors like us. So far this year, I like what AA and AAX are doing . They are following the same business model. It has proven in AA and I don't see why it cannot happen to AAX.
Yes Godofgambler, Let's go for RM 1..
Focus on the good news as both airlines are doing a fantastic job!
Mabel @Godofgambler Many ppl saying aax falling from Rm1 to now but dont forget many counters like Sapura and Knm also used to be dollar stock before..just need to know timing when to sell and buy...
Indeed, my average buying price for Sapura and KNM counters are lower than the prevailing price. Hence I' making money on both counter. Same as AA.
It's all about timing,the rest is technology. You decide what you want to do :)
Next q expecting another superb q for Aax 1) TF says 2019 best year for Aax 2). Oil price for past 2/3 months drop a lot 3) Festive 4) Tourist come due to cheap myr 5). If Fed reduce rate - USD drop very very benefucial to Aax....as most of its debt in USD
Currently Aax still at low .24 ...year high was .38
It is the sitting that makes the money. Just need ensure go in at low n sit
It will go back to 30/40 sen when it continues recording profit for the next few quarters.... which is quite likely given current oil price... the hedging ratio for remaining period of this year still same as those reported since Q4 2018 report... Q2 2019 report out u will know how much more they had hedged during this low price period... basically they can lock in their profit already for 2019.... CASK excluding fuel will continue decreasing... so they just need to focus on marketing side such as base fare, ancillary revenue and load factor...
Long time rumors tf privatized aax. Now with 90c dividen, TF as major shareholders gains most $$$. Now he has unlimited bullets to take actions since aax still very very cheap. 2 ndly my advice aax could b hedging if oil slump further + Fed cutting rates will help pushing down USD to benefit margin. Lastly buy at own risk. Wakakakaka
TF bought so many AAX shares.. He will be first one hit his head on the wall if anything bad happen. But i guess AAX going upwards soon. Silly routes cut off... More great routes.. Great year with Airbus... Super demanding..
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....
Keyman188
5,968 posts
Posted by Keyman188 > 2019-06-07 16:34 | Report Abuse
<Negan>.... I really salute you...
You really real man thought & talk...
Terima Kasih for your sharing.............