Ts_Hamie

AIRASIA

Short
MYX:AIRASIA   None
REVERSAL CUP AND HANDLE PATTERN

Most likely, the price will go lower.

Malaysia covid-19 case getting worse, only 80% vaccination, and herd immunity can boost this stocks, but the effectiveness of vaccine possibly impossible for Delta and Lambda Covid Variant !

AND ...

Right Issue is RM0.75, ex date not yet confirm, possibly 4th quarter of 2021.
Bursa Securities granted Air Asia to extend time for Private Placement (PP) from 2 August 2021 to 31 December 2021 up to 20% of total AAGB Shares.
668,394,816 AAGB Shares from 3,341,974,082 AAGB Shares.

First Tranche
- 369,846,852 Placement Shares @ RM0.675

Second Tranche
- 100,367,362 Placement Shares @ RM0.865

Third Tranche
- Remaining shares 198,180,602

Just monitor this stock, buy on weak, sell on strong. When AAGB start to recover, it will "FAST AND FURIOUS".



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