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Buy CIMB for recovery stock.. not airasia. Restructuring fail and your money is gone, further more AA is going to ask money from shareholders and price will further dip
How to open up border? Look at our covid cases it’s only getting worse. SG airline resumed operation as they only have single digit case, what about us? Soon AA will ask for private placement and/or rights issue because no bank or gov will further inject loan to them... Look at serbadk for example what happened to the share price when they did PP, same goes for AA... why I say buy CIMB yes they reported lowest profit but most of it is impairment and not actual cashflow - CIMB will recover stronger than all other banks!!!! Mark my words