just hold it - long term. But its you that know your finances, if the best way is to cut loss, then decide according to what u feel comfortable. Not on what others say or opiniated.
Drop is expected, people will compare SIA to AAX, total no further can talk, the good is just soso only and how good we also know just a Bollywood wayang.
Other operating expenses: ( as explain in AA Books ) Other operating expenses mainly includes advertising and promotion, professional fees, insurance, rentals and maintenance. _____________________________________________________
31/03/22------AAX reported this Expenses as Positive " 33.6Billion "---Kill All loses 31/03/23------AAX repoted this Expenses as Positive " 215.9 million "----Boost Net profit to 300mil++++ As i said Tony is a Fantastic Accountant
The funny one is , AAX telling we all, the PP price is 1.55, but we still buy at 2.15 and feel great, sure PP sell to you and get profit first because they know they can get cheaper later on.
EatCoconutCanWin Hong Leong ask buy call rm4.8 ______________________________________
HLG / Quek Len Chan loans hundred of millions to Tony, if AAX goes down, AA ( Tony) goes bankrupt.....who is going to pay back??? 70% of AA planes are on Lease ( AA has no asset )
Posted by StartOfTheBull > 1 day ago | Report Abuse
Don't think Tony will allow Capital A to die. Re-marriage of AAX with Capital A is one of the possible outcomes. Capital A share price is currently stagnant.
Many people earn a lots from AAX last month . Now someone have to paid the price if you not know how to trade and want to be a Hero. You are the good guy who paid the price.
Just to share what WB says about airline stocks 1. It's a business where many player repeatedly goes bankrupt, and get bail out 2. It's a business where only way to grow is to buy more planes (high capex spending), which takes a long time to return it cost. 3. There's no pricing power (to sell more expensive tickets)
It has been shown regardless how well airline grows, one incident can destroy it balance sheet. pandemic, war. And its a desire to travel, not necessity, especially for Airasia case, which focus on leisure travel.
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....
EatCoconutCanWin
6,690 posts
Posted by EatCoconutCanWin > 2023-06-01 12:25 | Report Abuse
Congrats who bought at 2.++