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Is the float 564m?
From the 2.18B OS, of which as we know from the institutional investors, they hold 1.6b locked up
Https://www.retailnews.asia/thai-airasia-plans-ipo-for-capital-injection-by-new-investor/
Maybe other investors like this 100m new investor waiting on sidelines for official 28th results
Excited for next week will see if this run continues into the 28th
Cheapest airline play right here
Hey man I wouldn't mind that but people were throwing all kinda wild targets for this week so I will keep expectations low, whales will determine how high this plane goes
Yes 50 cents atleast!
Yes shake out loose hands > reload cheapies > become a bull... Rinse and repeat in a cycle.
We still # 5 and 4 on most read and posted gj yall!
That's what am sayin
Surviving bankruptcy, court approval, more routes added, COVID restrictions opening up > I see at least 50 cents
Major airline for 13 cents is severely undervalued
$TAWNF. MORE FLIGHTS ADDED. NOT A PENNY STOCK SOON! CHART IS PRIME FOR BREAKOUT. pic.twitter.com/138VaXuNAu
— Marc (OTC Trader) (@DDandOTCtradez) May 20, 2021
Nice article
This the type of energy I need
$TAWNF I’m not selling a single share. Should be $100,000+ in a month. Why would anyone sell single share when one of their airplanes is worth more than current market cap? pic.twitter.com/tVnxgkUpib
— Nick DeVito (@NickWDevito) May 21, 2021
Surviving bankruptcy, court approval, more routes added, COVID restrictions opening up > I see at least 50 cents
Major airline for 13 cents is severely undervalued
Too petty bro :D
That is $THAI which is currently suspended, that price is from the last trading day from May 17th before the suspension May 18th
Friendly reminder that it is not us who had effect on the price it was the whales and how the interpreted the news.
They determine the price, all I know is .15 is undervalued we will have our day no worries.
Yup
This will take off once big whales come in
Yup that's why it traded in that .3 range before COVID, now its a clean slate
From +30 to -30 and now bouncing, imagine this closes green, haven't seen anything like this before haha
News was actually good
Hearing last time news released 2 AM EST? So in 20 mins? We shall see
Once results of vote is out on Bloomberg or Thai's news will know for sure
Well what we got here!
$TAWNF 👀 pic.twitter.com/kZFnQHEY5W
— Kanye Invest | Not Kanye West (@Kanye_Invest) May 19, 2021
Bro the people posting 2020 article need to do better lol
I am excited as the next guy but that's just desperation
9 AM Thai time (currently its 8:51 AM Thai time) so in 9 mins
10 PM EST
7 PM PST
Whos excited for news?
7 PM PST
10 PM EST
Still holding overnight, news not official yet, when results of rehab plan is out and news goes international for everyone to read then will know the real price.
Heavy buys into close was good today
Good luck all 10 PM EST news! That's 7 PM for us living in the West Coast
Tbh this drop wasn't too shocking, don't think it was cos of any bad news or anything like that. I think yesterday we were up 50% based off hype, nothing was official yet, their was lots of pumping on twitter being done over the weekend and many people joined in and sold today.
Also its very weird that both Monday and today the premarket gap up is huge only to fall flat at open.
Volume and dollar volume still very much there, interest very much there
It traded really weird today
We knew about debt to equity, at least I did when I read that one article but it still went up 50% yesterday
Maybe today more people read this new article that mentioned debt to equity again?
I don't think that's why it tanked
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20210408:SET_nSET2JDMv9
Its a catalyst
Last time this happened price ran up to $5.95
Yes, many, including myself see this as a catalyst
Happened early this year
$TAWNF ran to $5 in March when $THAI got suspended by SET > $THAI got reinstanted by SET > $TAWNF price tanked > On May 18th $THAI got suspended again > I wonder what $TAWNF price will be tmw and rest of week when rehab plan decision is out on May 19th > THIS IS SUPER BULLISH AKA "ALL STARS ALLIGNING"
What he said!
The only people changing the date are the creditors asking for extensions.
Well said
Yup!
Okay here is the list I compiled for why they don't want company going down!
Finance minister, largest shareholder, implied many times they won't let this company fall Deputy prime minister same thing! Attorney representing creditors also said same thing!
National reasons
Lots of employees
Tourist season and Thailand gets 20% of revenue off tourism
Government just approved 45b for economy
Creditors wouldn't want to walk away with 12% (all assets of Thai light assets) when they can get fully paid in 3 years (I also I doubt the gov doesn't take care of them in the short term or pay them in installments leading up to 3 years) same thing for the 6 year bond holders
Changes in company such as executives and cutting expenses
Pandemic going under control with vaccinations
MOU for Thai and THPD to collaborate in e-commerce and covers domestic vaccine deliveries and logistics, PM resided over first covid vaccine delivery
Institutional investors! (Https://finance.yahoo.com/quote/TAWNF/holders?p=TAWNF)
Company Services 62 destinations in 31 countries
Those headlines really shake the loose hands that don't got time to ready rest of article