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AIRASIA Group Bhd has quite a bit going for it. It has cash, RM2.59bil of it, a strong business model and a brand-name that naturally is a crowd-puller in any markets it ventures.
KUALA LUMPUR: Affin Hwang Capital Research has upgraded AirAsia Group to Buy with a target price of RM3.35 from RM2.86 for the generous dividend, solid operating performance and the bright prospects of its digital business.
EG Industries: THE electronics manufacturing services company has benefitted from the ongoing trade tensions between United States and China to secure new box-build contracts which the management believes could rake in about RM1.5bil in FY20.
KUALA LUMPUR: CIMB Equities Research is maintaining its reduce call on AirAsia Group as oil prices continue to move higher and forecast dividends from the Castlelake transaction may be lower than thought.
KUALA LUMPUR: Shares of AirAsia Group Bhd dives on Thursday, as analysts downgraded the stock after reporting its first quarterly loss since 2015.
KUALA LUMPUR: CIMB Equities Research retains Reduce for AirAsia Group with an unchanged target price of RM1.82, based on sector average of CY20F P/E of 10 times and adding expected dividends of 31 sen.
KUALA LUMPUR: CIMB Equities Research has lowered its target price for AirAsia Group Bhd to RM1.82 from RM2.12 a share as it expects crude oil prices to climb while higher airport charges may hurt demand
KUALA LUMPUR: CIMB Equities Research has lowered its target price for AirAsia Group Bhd to RM1.82 from RM2.12 as it expects crude oil prices to climb while higher airport charges may hurt demand.