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The biggest problem Air Asia is facing , is not one you often read in the financial press either in the print media or even in the portals.
Some countries are opening up....so WHAT? Where is your prudence? Do we have in place a travel insurance to cover Covid 19? As far as I know, the anwser is a HELL NO.
So what's gonna happen to you or your loved ones if you go to say Thailand and get Covid 19? Who gonna pay for the extended stay in Thailand and for the lodging and medical bills?
Definitely not Santa Claus, and then there is a question if your employer will be understanding enough to give you a free pass?
THOSE who are talking about travel hubs, better please start talking about travel insurance specific to Covid 19.
That being said AirAsia shares its self is under pressure, as most are short on the stock. Some say you can find value at 90 sen, but others such as the chartist below who has more than 1600 followers say it could be at 40 sen VIEW : AIRASIA DAMN CHEAP AT 40 SEN