Sep 19, 2013

AIR ASIA (5099): STOCK TO ACCUMULATE

Airasia stock code 5099

below: Airasia line chart (click to enlarge)airasia chart
Market Price:  RM2.52  Est. P/E  9.5x
Market Cap:  RM7008.1mil  P/BV  1.5x
Year Range:  RM2.34-3.54  Div. Yield  2.4%

Source: Bloomberg

by Mecury Securities

AirAsia is a leading low cost carrier in Southeast Asia.The Group focuses on providing high frequency services on short-haul,point-to-point domestic and international routes.