Would Air Asia stock price rally in this coming week?
Malaysiakini ran an article on possibility of Air Asia going private. The article is here . As investors are not willing to pay premium for Air Asia growth story, they decide to bring it private.
Another news that would help Air Asia a lot is that Transport Ministry have given the approval for Air Asia to fly Kota Kinabalu-Singapore, Kuching-Singapore, Miri-Singapore route. This would further increase the profitability of Air Asia!!!
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Sunday, October 05, 2008
Air Asia Going Private
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