Is the 1981 top five UK smash hit for the Jackson 5. The song written by Michael Jackson, is taken from the album triumph.
The Star's write up on a possible dividend play on AirAsia, helped push the stock up five Sen to RM2.22 a share, with volume exceeding 17 million, way above its 12 million average four week volume.
This week, should prove the prevailing hypothesis, true or false that AirAsia's stock movement is closely related to the movement of the Ringgit against the US Dollar.
Can you feel it coming in all the wrong way for AirAsia, if the Ringgit were to slip beyond 4.50 this week.
Just like TenCent, which lost US$35 billion in market capitalisation, due to redemptions, AirAsia, has very positive price outlook targets by research houses, with CIMB valuing the stock at RM4 a share.
