With this sudden surge in covid19 cases on Friday. Saturday and Sunday wouldn't be good as well.
Monday AAX will open at 3sen. Cut lose while you still can, recover some money and move on, better than losing everything. Covid19 will last until year end at least. People wouldn't travel this year, AAX going to die this year. Trust me.
Unlikely in PN17. Potential cash call via capital reduction, combine eg 10 shares into 1, plus right issues. Ultimately is want your cash to survive. Trading play only as LT prospect = 0.
Covid-19 make economy slow down company fundamental will metamorphism and company with high debt will face collapse or bankruptcy soon.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold. market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom. High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks market will goreng lows price stock at bottom.
Everyone can fly, still sustainable? Wish so. Really don't understand how it landed in today's situations, putting aside unexpected virus. It will be very costly to "rescue" under current conditions. Good luck TF, may be you don't have a competent team to handle various aspects and is over ambitious.
Some analysts said merger with MAS is the best solution. Sound likes negative multiply by negative becomes positive. Of course, price may push up temporarily if really. Anyway, now is worth 0.005.
out of 10 QR , only 3 QR is green. With is losses per share is higher than share price itself ,and current world COVID situation , this company might .... Please dun throw your money into the sea.
Two weeks movement control is definitely insufficient as those tested positive on the 14th day or 31 Mar may have infected many people but remains unknown then till following 1_ 14 days. A 30 days rightfully is a better solution but then potential risk of imported covid once uplifted travel ban. Only vaccines can solve. Anyway, believe mostly are traders now instead of LT investors.
As many countries begin to ban incoming travellers or requirements to quarantine passengers, AA is yet to announce whether its flights to these destinations will be cancelled and refunded or rescheduled.
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....
moneypedia
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Posted by moneypedia > 2020-03-13 19:37 | Report Abuse
ohh my goat