05 November 2012

Increase my investment in AirAsia.

Pump in new fund, bought 3000 shares of AirAsia...
now the investment in AirAsia had contribute ~20% weight in my portfolio.

I'm quite optimistic about the growth potential of AirAsia. Its operation in Malaysia would probably continue to grow at rate of 5~10%p.a. though the LCC market already quite matured. The growth momentum of AirAsia would mainly come from its aggressive expansions into regional markets, i.e. Thailand, Indonesia, Philippines, Japan... Taking these into account, I believe that AirAsia's profit in the coming years will grow at a rate of 15%p.a. or higher .


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