Air Asia - Everyone Can Fly

Today I will do a case study on Air Asia Bhd (Symbol: 5099). This is an investment holding company that deals with air transport and hotel.

This stock closed at RM0.920 on Monday (21 July 2008). This stock has made a critical down trend since first quarter of year 2008.

The price is currently stable after the last 2nd week chart patterns: Long Lower Shadow. This is a bullish signal that might made the transition from down trend to uptrend in future weeks.

First Step to Stock Market

This post might help the new investor in Malaysia. The steps below are need to be done before you get involve in the share market in Bursa Malaysia.

1. Open a CDS Account
You may open a CDS Account in any Securities in Malaysia.

2. Charges on Open a CDS Account
Usually is RM 10.00

3. Where I Can Get The Related Information
Bursa Malaysia

4. Unit Per Share
In Malaysia, 100 unit is equal to 1 "LOT".
For example: If RM1.50/Share. 1 "LOT" is equal to RM1.5 x 100 = RM150