How it performs lately, I see it as a very stable company and want to buy a bit of their stock anyway, what do you say about that ? Sounds good or not ? Please do let me know I have aside some cash for that matter and will invest slowly and carefully.

Since this special devidend is really abnormal, investors are skeptical about the stock and the company. However, straightly considering what you'll get from the special devidend, we can't say this price is too high. It should have gone way higher when it's informed. I think what we should be afraid of is the probability that this stock can fall after the ex-day. In conclusion, no one can tell what will happen in the future, so just follow the market price. It's currently meking a resistance line probably waiting for the bounce that may be triggerer by the last buys to get the dividend at the end of July. Buy it when the bottom line is formed. I'm actually long in this company, btw. I won't sell.

Air Asia look like having accending triangle pattern.Resistance 3.10.Stop Loss 2.60.Potential target of above rm 4.Possible due to dividend of 90 cent.But 3.10 must be confirm by high volume and 7 market days of not below 3.10 in dramatic fashion(sudden drop).

If I'm not wrong its will fall between 8-12 percent when go ex.But after the ex- it will take between 5-10 market days to go back before the ex.It may go higher after the ex. that because there rm 900 per 10 lot and there may plot back majority of the dividend back into Air Asia.

Dip buy!

Kwok_39, the closing price today is 2.03, 8-12%? haha

Why did this stock's price range suddenly fall?

Technically wrong.Its minus 90 cent on 2.85-0.90=Rm 1.95.Due to special dividend of 90 cent.Not sudden drop.

But there a formation of Symetrical triangle.Rm 2.10 the resistance.If it's can break it in the next 5-8 trading days then rm 2.55-2.70 will be achieve.

Mr./Ms. Kwok_39,

In the malaysian market, is the stock price reduced by the dividend when it's paid?

To.Japaneseinvester

Yes its will reduce the price of the stock.If investor bought before 29 of July,there will get 90 cent dividend.please do not be shock if you bought before 29 July(me buy at 2.90 but now is  rm 1.84.Not 1.84 but rm 1.84+0.90= 2.74.The dividend money should be arrive end of August.

Mr./Ms. Kwok_39,

Oh, I see. Thank you for kindly eplaining that to me. In the Japanese market, the price itself doesn't change, even if there's dividend. The price usually goes down because investers sell after the ex day, though. But it's a change caused by tradings which are triggered by the dividend. So I got a little bit surprised.

I'm buying here at 1.77 with the red candle between those two green candles with the certain volume. It's gonna bounce here a little bit.