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It is not some pinky scam going on!
You are correct, state owned always always keeps airline flying regardless of losses.
common shares never get wiped out in Thailand , it is not West!
I think we shall see it soon enough, there should be a huge spike on Monday due to anticipation. But with prices so low - I am keeping mine till next mid week, and see what it might entail. An airline is used to make 48 billion in revenue, with Enterprise Value at 7.4 billion and market cap only 153 million, laughable.
Worth the gamble. I was not long ago in DXLG, and everyone thought is was going under, only to recover from 0.20 and now trades above a dollar. I sold that one too soon, this I am holding till it hits a dollar plus.
<<from the thailander ?!
Thai Airways has proposed a 3-year freeze on the loan repayments as well as a 6-year delay on bond repayments. The airline is also pushing to have unpaid interest on loans waived.
Debtholders discussed the plan during a video conference today and decided to delay the vote, a legal advisor to Thai Airways told reporters. Back in March, Thailand’s Finance Minister, which is the airline’s largest shareholder, had implied that they back the debt restructuring plan. An attorney representing the creditors had also said many favoured the proposed restructuring.>>
May 19. since they ahead of us, it is Tuesday for us in USA.
We need to get "to the moon" crowd for this ticker.. They can take it to 10 dollars.
Tuesday might be too late.
I will triple my position if it drops to 0.10
Actually delay is a positive thing!
Since we are all idiots, what is your take on scamdemic? Enlighten us.
What an arrogant display of oneself!
YES, WE SHALL...
They already prepared to give money to bail airline out, if they want to give some of their shares away - it will go to private sector, even better! With inflation - this airline be worth a dollar in no time.
It had been already discussed and they were told to keep supporting the airline by their controllers. Charade is to continue till 2023. That is why I got a position here today.
yes, when they saw the prices as high as they were - they ran to cash out.
IN Thailand shares do not get wiped out fyi...
A good decision! It will be over a dollar soon.
I remember years back when British Airways was trading at $0.20 cents and all were claiming that it was going down... Well, many were wrong...
Who cares about vaccines????
Easy. $1.30 tomorrow is doable.
That is all????
Buy buy buy.....
It seems company is selling lots of shares into the market. We shall see.
zero.
I took a small position here, looks like can easy go to 0.03.
Waiting for this ticker to revive!
It will happen as soon transfer agent is settled. Here you need patience for sure, but with a low float it is a lucrative entry. I still think, it is going to impress all who have been watching it.
no need to pump something that organically attracts savvy investors.
That is good! That is how you make money when no one is looking!
Cannot wait till we climb above a penny. It has been stagnant for weeks.
Adding more this Friday. Patience pays off.
More reasons to buy more for a bigger pay out.
Finally. waking up again!
Made tons on all other calls, so I have no problem with waiting this one out. The less people looking into it - the better. I am still accumulating here.
It is not a scam - it is a custodial play. Which always, always delivers a big return on a speculation alone especially in this climate!
Once again, a big payday is coming. if anything , adding more.
When did CE come off of this ticker?
Any day now, since TD Ameritrade restricts its trading as of May25 on all CE tickers, CE should be taken care of before that date. And if does go away, we could easily see 300-400% jump in one trading session.
A great spike to leave the position in time.