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.