Tuesday, April 12, 2011

Have you read Airasia's Annual Report?

One of the things noticed which is somewhat stands out among other companies in the Airasia's Annual Report is that BP, Credit Suisse, Deutsche Bank, BNP Paribas, Citigroup, Kuwait Finance House and maybe few more companies advertised in the Annual Report. I did not know this is allowed in Annual Reports where it is supposed to be a document which is to have fair, no frills reporting i.e. no advertising allowed - at least from third party. Well, again Airasia will do something different from the rest. It probably saved them their printing costs for the Annual Report. As a potential shareholder, I have no complains as long as their reporting is true.

Tony Fernandez and gang are a bunch of creative advertising big wits. First having an advert on the EPL referees' sleeves. Now this?

Anyway, after my earlier article, I bought 2,000 units ofAirasia for the portfolio.

Market has been down for last 2 days, hence it may be time to buy shares when it is cheaper.

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