Recently Airasia stock price is on spotlight when it hit Rm3.67 on 1st Jul 2011. Currently it is trading between Rm3.45 to Rm3.55.
I foresee it will move higher to Rm3.8 when 2nd quarter financial result expected to be release on mid of August due to high load factor in all segment of Airasia operation including it Thailand and Indonesia subsidiary as reported by the management.
Airasia should make announcement of Japanese joint venture within this week or next.
Philipines join venture is coming on stream on 3rd/4th quarter and Vietnam join venture estimate to be start operational on 1st half of 2012.
Initial IPO of Indonesia and Thailand airasia in 3rd quarter and 4th quarter will definitely let analyst to upgrade their share price higher with a high subscription demand by respective country investor as my opinion.
My target price for airasia is RM4.50 by 3rd quarter and RM5 for 4th quarter 2011.
It is highly recommend to accumulate this stock when it is currently trading between Rm3.40 and Rm3.50.
Wednesday, July 20, 2011
Sunday, May 15, 2011
Commodities bullishness is no longer there?
Commodities bullishness is no longer there?
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-for the pass few weeks, commodities price had been dropping sharply due to uncertainty of EU countries debt issue.
-i would foresee commodities price like silver will be dropping again as of recently USD36 closing price. Natural rubber
price will be dropping due to foreseeable increase of supply in second half this year.
-it is now timely to look at current share price of rubber stock such as TOpGlove, SuperMax, Lattex, Ruberrex and IRCB.
-my strategy will be start to accumulate those share. We must always act before economist start reporting those counter as
it will be too late when they inform us. It could be time for them to get ready selling when announcement come.
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-for the pass few weeks, commodities price had been dropping sharply due to uncertainty of EU countries debt issue.
-i would foresee commodities price like silver will be dropping again as of recently USD36 closing price. Natural rubber
price will be dropping due to foreseeable increase of supply in second half this year.
-it is now timely to look at current share price of rubber stock such as TOpGlove, SuperMax, Lattex, Ruberrex and IRCB.
-my strategy will be start to accumulate those share. We must always act before economist start reporting those counter as
it will be too late when they inform us. It could be time for them to get ready selling when announcement come.
Tuesday, May 10, 2011
Commodity Price Trend
-oil price is moving up from 84USD per barrel to 100USD per barrel since middle east unrest started.
-gold price is also in historical high with 1500USD per ounce.
-rubber and silver price is appreciate more than 100 percent since last year.
-tin price is double from USD15000 to USD32000.
what does this mean?
-gold price is also in historical high with 1500USD per ounce.
-rubber and silver price is appreciate more than 100 percent since last year.
-tin price is double from USD15000 to USD32000.
what does this mean?
Wednesday, April 27, 2011
Airasia share price will start to move higher
-I expect Airasia share price will move higher due to stronger ringgit against dollar
when ringgit exchange rate hit to all time high (1USD=2.96RM) yesterday.
It will extract foreign institutional investor to start buying/accumulate thier stock. Please take note that 50% airasia share is owned by foreign investor.
-With stronger ringgit against dollar, it will reduce the cost of high fuel price as current fuel price is trade under dollar. Thus, reduce airasia operating cost and increase their profit margin.
when ringgit exchange rate hit to all time high (1USD=2.96RM) yesterday.
It will extract foreign institutional investor to start buying/accumulate thier stock. Please take note that 50% airasia share is owned by foreign investor.
-With stronger ringgit against dollar, it will reduce the cost of high fuel price as current fuel price is trade under dollar. Thus, reduce airasia operating cost and increase their profit margin.
Friday, April 8, 2011
Time to review Airasia stock
It is time again to review the outlook on airasia stock, with current market price of rm2.65 (yesterday closing price).
There is still potential for the share price to hit rm3.50 due to the following reasons: (i) the management is going to announce dividend payout policy by second quarter or third quarter of this year 2011(ii) airasia indonesia and thailand is going for individual country stock exchange for list in third quarter 2011(iii) airasia X which is long haul bugdet airline is going for listing either in US or Hong Kong this coming third quarter 2011.
Higher crude oil price (US110 as of yesterday closing price) does not have high impact on airasia overall revenue.This also create great market barrier for budget airline newcomer and reduce passenger load factor for full service airline as there are introducing/increasing fuel surcharge.More and more budget concern travellers and business owners will opt for budget airline while travelling oversea for businesses/vacations trips.
Current closing price of rm2.65 provide buying opportunity for those long term investor to accummulate this stock. I always believe that second quarter is the good buying session as traditionally most stock price are cheap and undervalue.
There is still potential for the share price to hit rm3.50 due to the following reasons: (i) the management is going to announce dividend payout policy by second quarter or third quarter of this year 2011(ii) airasia indonesia and thailand is going for individual country stock exchange for list in third quarter 2011(iii) airasia X which is long haul bugdet airline is going for listing either in US or Hong Kong this coming third quarter 2011.
Higher crude oil price (US110 as of yesterday closing price) does not have high impact on airasia overall revenue.This also create great market barrier for budget airline newcomer and reduce passenger load factor for full service airline as there are introducing/increasing fuel surcharge.More and more budget concern travellers and business owners will opt for budget airline while travelling oversea for businesses/vacations trips.
Current closing price of rm2.65 provide buying opportunity for those long term investor to accummulate this stock. I always believe that second quarter is the good buying session as traditionally most stock price are cheap and undervalue.
Friday, October 1, 2010
Maybank -good stock to invest now
Maybank share price has been gaining 40% from as low as $6 since June 2010.
It has been reported with increasing profit contribution from Indonesia and Pakistan operations.
I do believe it share will hit $10 by end of this year 2010 as Indonesia economy is growing steadily and Pakistan also in the growing trend.
With the bank OPR interest rate that is going to increase in the next 2 to 4 quarter for country such as Malaysia, Indonesia and Asean regions. It's will surely contribute more revenue and profit for the company.
It is a good time to buy this stock.
It has been reported with increasing profit contribution from Indonesia and Pakistan operations.
I do believe it share will hit $10 by end of this year 2010 as Indonesia economy is growing steadily and Pakistan also in the growing trend.
With the bank OPR interest rate that is going to increase in the next 2 to 4 quarter for country such as Malaysia, Indonesia and Asean regions. It's will surely contribute more revenue and profit for the company.
It is a good time to buy this stock.
Airasia share price will hit $3 by end of 2010
Airasia share price has gain more than 40% from $1.50 since August 2010. I do believe it will hit $3.00 by end of this year. The reason are:
1) 3rd and 4th Qtr normally have a good passenger load factor due to school holiday and festive seasons.
2) Airasia will not funding the Airasia Thailand and Airasia Indonesia which is planning to be listed on the respective country stock exchange. This will reduce the debt ratio of parent company (Airasia Malaysia) and increase of net profit.
1) 3rd and 4th Qtr normally have a good passenger load factor due to school holiday and festive seasons.
2) Airasia will not funding the Airasia Thailand and Airasia Indonesia which is planning to be listed on the respective country stock exchange. This will reduce the debt ratio of parent company (Airasia Malaysia) and increase of net profit.
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