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aa has lot of potential, I'm sure some rich ppl will put money and takeover the company before it goes bankrupt. Which means, it might only change the director? Any other thought?
yutaka please let you know that AirAsia has better hedge so won't bankrupt one. Bankrupt is maybe other company aax, see whole picture not only finance report
aax bankrupt will have a big effect on aa since the directors and their company hold a big chunk of shares in aax. anything happen to aax, aa will need to bailout
Non share holders I’d appreciate you don’t comment funny things like Wah wait for 0.6, 0.5...might as well u say negative. If don’t plan to buy just stay quiet la.
Do the calculation...your price 2.22...wait till 0.615 u don’t buy...uptrend back to say 1.2 and hard to go up which most likely will happen...then u stuck in the middle again cause still loss and avg still high. Neither here nor there.
Can yukata tell out....wat stock is no risky nw?every stock u say bankrupt, chap lap ....can’t buy....then wat can buy?bitcoin?ayam? Lembu?or 棺材 better buy nw?
Analysts have raised concerns over AAX’s balance sheet, with a cash balance of only RM358 million as at Dec 31, 2019, and borrowings of RM6.32 billion.
And with only RM224 million in shareholders’ equity and a market capitalisation of RM373.33 million at last Wednesday’s close, there is an urgent need for fresh capital injection, they say, adding that AAB may need to step in to provide support to AAX.
In a Feb 17 report, CGS-CIMB Research transport analyst Raymond Yap estimated that AAX would
