Saturday, November 9, 2013
Industry: domestic and international flights, low fare airlines
Company website: http://www.airasia.com/
Market efficient theory. beta value is a benchmark to compare price sensitivity with the KLSE index which is equal to 1.
beta>1; more sensitive
beta=1; KLSE index movement
beta<1; less sensitive
eg.
19/8 - 23/8
KLCI down 3%
Airasia down 16%
14/10-18/10
KLCI up 1.35%
Airasia up 6.3%
I was just feel something not right but just don't know how to express my feeling so didn't say any thing about his setting or calculation . Yes learning have to get it right learn the correct way. yet volume reading do not really need to be that complex that is why i said use Volume MA will do. Was just like some time ago I explain about the GOLD price movement.
Now oil price are also reducing, so Airasia suppose to back to strong earning ? But I think there is always one off gain , due to listing of AAX , AirAsia Thai etc. This counter no more my pick had take it off some time ago , it is a weak counter . First it must able to hold above 2.68 then if go up will meet 2.73 block further north 2.80 may let people suffer ,if able to go over the road block of 2.97 to 3.00 ,3.10 you may see stone rain pouring down . Well any counter go low sure will turn north again every know this , the matter is how far it will go uptrend and how long it take time to go up trend, why should one waste time on a counter which have no high prospect , why not take our limited money to other better counters.
HDFC Bank Q2 FY18 (YoY):
ReplyDeletePAT likely to increase by 20.7% at Rs 4,171 Cr.
NIM expected to be stable sequentially at 4.4%.
NII seen 20.2% up at Rs 9,610 Cr.
Forex trading tips