Airasia - MAS attack!

The government had reversed an earlier decision of a minimum floor price for MAS fares on its 22 domestic routes. As a result, AirAsia’s share price declined 2 sen to RM1.46 while its call warrants were unchanged at 16.5 sen, while MAS was up 1 sen to RM2.81 yesterday.

As been told by Tony Fernandes, this might be over reaction from the public. Airasia has been facing obstacles since they started this aviation company:
- Move Airport
- SARS
- Tiger Airlines
- Singapore Policy
- Goverment subsidised on MAS
- Tsunami
- Thailand Political
- Oil & Gas

Airasia still remain strong after all these years and that proved their fundamental is STRONG.
I believe in Tony Fernandes ability to bring Airasia to better stage and the Goverment move is to just to make sure a win-win situation.

The middle east is in turmoid now and I guess our market has reached the lowest point for this year. Now should be a great time to invest in such stable company.