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.
Friday, October 1, 2010
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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