AIRASIA 5099 BUY, SELL, or HOLD?
It has been a while since I shared about AirAisa. As of writing, the share price of AirAsia is traded at RM 3.22 - 3.23. I believe for those who still holding those share must be extremely happy seeing the price not only shoot back RM 3 but more than that. Congratulation! As for now, I don't think is good for short term investor to get into this stock anymore. Therefore, let's us look the latest news about AirAsia so far and see how is it for medium/long term investor.Fly Business Expanding
Recently, there are quite some positive news about AirAsia expanding their fly business. (See Link1 Link2) Once all these are locked down, I believe it will helps to generate more income that benefits the investors.
CEO's Resignation of the Competitor
Peter Bellow is moving away (See Link)from MARS will caused MARS has to re-elect new leader to wheel the company. Will the company direction the same or not? Regardless same or not, it will definitely prolong the time for MARS to regain its glory. So, I believe AirAsia will remain at its top in Malaysia fly business for even longer until threats to come.
Therefore, looking at current market, AirAsia do not see any major rivals in Malaysia and their business planning for more routes to services their customers better will definitely benefits the investors one way or another.
So, medium / long term investor, HOLD your share!! :)
My defination of Short, Medium, and Long term investor as below.
Short Term: 3 years and below
Medium Term: 3 to 6 years
Long Term: 6 years and above
Please be reminded that above is just a recommandation, digested the info and make your own decision. Good Luck!
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