Post #4 - stock performance: CapitalA, June/ July 2024
I bought this stock because of the optimistic outlook in air travel and also the fact that this airline is opening up new and exciting routes in the near future.
The downside to this stock (in my views) is that it is not a dividend-paying stock and also, the company future is tied too much to the CEO's influence.
Would you feel optimistic about this stock like I did?
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A casual investor from MY, learning about the world of equity investment and setting up my retirement portfolio.
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104716562 : Capital A Q1 revenue is 100%+ yoy increase.
if it is able to post 100% yoy increase for every quarter this year with improved net margin% , then the company will be doing better than pre- pandemic times
2024 is the critical year for AirAsia to make a comeback.
and the next turning point will be it's plan to get out of PN17 which unfortunately had been delayed multiple times.
CNNT OP 104716562 : Thanks for the insight on the topline performance and a new dimension I should consider next time - PN 17 status. This stock feels more like a bet than a long term investment with that new criteria in the picture.
I Am 102927471 :