Well today's market in the early hours drop sharply and even create new low at 1,089.47 points (third support level - 1,090.39 points) before closing down just -1.56 points at 1,103.48 points.
Most of the counter for the whole day looks good but the plantation stock still has a bit of selling here and there.
But today I did notice something different with one particular counter - AirAsia Berhad. I have been following this counter for quite some time and I notice this counter might go even higher with the current closing price (RM 0.92).
But today I did notice something different with one particular counter - AirAsia Berhad. I have been following this counter for quite some time and I notice this counter might go even higher with the current closing price (RM 0.92).
AirAsia Berhad is a company best known for its no frills airlines, low fares, quality service and dependability. With over 101 routes across 11 countries at 52 destinations, AirAsia is truly Asia’s leading airline with the widest route connectivity and largest customer base. With the unmistakable tagline, “Now Everyone Can Fly” , AirAsia has made flying affordable for more than 50 million guests.
A few days ago even our market went to some selling activities, AirAsia shares absorb it very well no matter what is happening to the market condition. There seems to be some funds buying and accumulating the shares.
What did you think, still a good buy at this level ? Watch for the Airlines Stock around the world. How will they fare with the current Crude Oil Prices ? If the current Crude Oil Prices show some weakness further, opportunity will arise.
Some people said " Opportunity never arise in front of us. It is how you see and grab an opportunities".
"Believe the Unbelievable, Dream the Impossible, Don’t take NO for an Answer!" Datuk Tony Fernandes
AirAsia Issued and Paid-Up Capital : RM 2,373,729,580
Class of Shares : Ordinary Shares of RM 0.10 each
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