Last quarter,nobody was buying... Everyone was expecting another loss... So when quarter came out,massive profit... Frantic buying till 95 sen... Almost limit up b4 profit taking...This quarter,very tricky... Everybody's buying... Expecting another massive profit... So I think rally will be b4 quarter report... Buy on rumours, sell on news...
we need to thank SIA singapore for boosting the prospect... if enough untung , i will fly their plane for giving this momentum bagus always like their service ,, too bad MAS rather take SQ
Philippine Airlines Posts Q1 $135 Million Operating Income BY MICHAEL DORAN
1. Philippine Airlines (PAL) posted a Q1 operating income of $135.2 million and a total comprehensive income of $108.2 million, which is a significant improvement from the same period last year.
2. Passenger numbers grew by a staggering 156% compared to the same time last year, with PAL carrying 3.4 million customers in the first quarter. This is a sign of the strong demand for air travel as COVID-19 restrictions continue to ease.
3. PAL is well-positioned to continue to grow and succeed in the years to come. The airline has a strong financial position, a loyal customer base, and a network that spans the globe.
From what i see they will push to RM2 possible before falling knives all the way to above 1.5 or 1.6. And will be at that level until Q report. If Q report good than push again but its depend on how good the Q report. Whatever it is ....i will sell tomorrow, Dont want to be greedy. Shift to glove pulak :-)
After AAX debts restructure, capital reduction and 10 to 1 share consolidation AAX surpose to make capital call of renounceable rights issue of new shares to raise gross proceeds of up to RM300 million from its existing shareholders, and an issuance and allotment of new AAX shares to raise another RM200 million to get out of PN17.
Is this plan still on or Stony trying to unload capitalA debts loaded aviation to AAX?
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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....
anisayob
292 posts
Posted by anisayob > 2023-05-19 10:45 | Report Abuse
rr88 sifu... Collect collect lah if fall to 1.40++...