Tuesday, January 2, 2007

Airasia

Now its visit malaysia 2007. Tourists will flock in, turnover will increase, and theres news that airasia will JV with virgin airline to accomodate the increases in traffic.

Given oil price can be sustained at reasonable level, airasia surely caught many eyes.

Current price = 1.51

The best entry price = 1.40

Reasonable entry price = 1.46

Target = 1.87

Cut loss = 1.34

1 comment:

Anonymous said...

air asia really know how to play by volume, summore lately they asked for reduction in airport tax plus the lucrative KL-SG route. If granted, fuhhhhhh