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Once CapA trf its aviation biz to AAX and its own Capital Reduction complete, share price will drop. We will have the usual circus clown jump out to float head. Those that understand will know this is due to corporate exercise and price adjustment.. The clowns will think CapA will delist and try to scare ppl into panic sell.
I think you mistaken , it still run aviation biz , Airasia move apps js under capital a . Just don’t own any airplane .still can see around 1b annual net profit . Per years . That reason why Hong leong bank give target price rm1.70 last week .
Rm1.70 price , It is for capital a . Please study and read the news and article above , , be knowledge full . Don’t act like as hol e , Capital a still own big portion of Aax shares too . And now given free Aax share to capital a shareholder somemore . Airasia move and so on under capital a . And soon capital a going to list on us share market once their apps go to western country . It have aviation businesss not only Airasia now , hotel , tourism ,, restaurant , tickets , and Airasia ride . They still have big gap of expanding .
