Bursa Alert
Global Market
NewsHot Stock AirAsia X gains 6% on European route revival plans
Page 1 of 1
Hot Stock AirAsia X gains 6% on European route revival plans
by Cals Fri 13 Mar 2015, 02:37
Hot Stock
AirAsia X gains 6% on European route revival plans
By Gho Chee Yuan / theedgemarkets.com | March 12, 2015 : 3:13 PM MYT
KUALA LUMPUR (Mar 12): [size=14]AirAsia X Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) rose as much as three sen or 6% on news the company plans to resume flights to Europe next year.
Long-haul budget airline AirAsia X (fundamental: 0; valuation: 0.3) shares rose to an intraday high of 52 sen before reducing gains.
At 2.46pm, the stock was traded at 51 sen with some 14 million shares transacted. At 51 sen, AirAsia X has a market capitalisation of RM1.21 billion.
Reuters quoted AirAsia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) chief executive Tan Sri Tony Fernandes as saying today that AirAsia X planned to resume flights to Europe next year.
Speaking to reporters in Sydney about the carrier's operations, Fernandes said that London will be the likely first destination for AirAsia X flights. It previously operated Airbus A340s to London and Paris, but cancelled those services in 2012.
(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
[/size]
AirAsia X gains 6% on European route revival plans
By Gho Chee Yuan / theedgemarkets.com | March 12, 2015 : 3:13 PM MYT
KUALA LUMPUR (Mar 12): [size=14]AirAsia X Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) rose as much as three sen or 6% on news the company plans to resume flights to Europe next year.
Long-haul budget airline AirAsia X (fundamental: 0; valuation: 0.3) shares rose to an intraday high of 52 sen before reducing gains.
At 2.46pm, the stock was traded at 51 sen with some 14 million shares transacted. At 51 sen, AirAsia X has a market capitalisation of RM1.21 billion.
Reuters quoted AirAsia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) chief executive Tan Sri Tony Fernandes as saying today that AirAsia X planned to resume flights to Europe next year.
Speaking to reporters in Sydney about the carrier's operations, Fernandes said that London will be the likely first destination for AirAsia X flights. It previously operated Airbus A340s to London and Paris, but cancelled those services in 2012.
(Note: The Edge Research's fundamental score reflects a company's profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)
[/size]
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€
d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics» Hot Stock Eco World rises 5.4% on plans to list EWI via market capitalisation route, bullish outlook on sales
» European stock index futures signal gains; Italy eyed
» Hot Stock Aeon Credit gains 2% on plans to diversify income stream
» Hot Stock AirAsia gains 2.44% on robust 1Q2016 earnings outlook
» Hot Stock AirAsia gains 1.80% on positive outlook, higher target price
» European stock index futures signal gains; Italy eyed
» Hot Stock Aeon Credit gains 2% on plans to diversify income stream
» Hot Stock AirAsia gains 2.44% on robust 1Q2016 earnings outlook
» Hot Stock AirAsia gains 1.80% on positive outlook, higher target price
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum