hotel

undervalued ? but does it mean it is a wonderful business?

cos MAS is falling

Tonight will decide the fate of Malaysia, GLCs are still in uncertainty

Warren Buffett says airline industry has 'all the ingredients of
a bad business'

Long story short: for a flight carrying 100 passengers, all of the profits are provided by a single passenger. It takes 29 passengers to pay for the fuel for the flight, by far the biggest cost component. Fuel is an even bigger portion of long international flights; about one-third of the total cost.

Next after fuel is personnel expenses: 20 passengers are needed to cover the salaries of the pilots, flight attendants, ground crew, etc. Unions make it difficult to get around this factor. Even discount airlines end up having to raise salaries if they do not want to risk losing experienced personnel or having strikes or other profit-draining labor problems.

On the revenue side of the income statement, about 80% comes from ticket sales. The rest comes from fees for checked baggage, ticket penalties, and other surcharges. That is not an insignificant amount: baggage fees alone accounted for $3.4 billion in the U.S. airline industry. Ticket penalties amounted to $2.4 billion.

The tight margins, needless to say, turn up on the balance sheet and income statement of all air carriers. The profit margin for China Eastern Airlines is only 5.55%. For US Airways, it is only 1.75%. Tam loses money with a negative profit margin of 2.21%. TAM and CEA’s heavy debt load makes them even more uncomfortable for investors in airline stocks.

This is why it’s so hard for investors to make money in airline stocks. Even Warren Buffett has lost heavily from his investment in US Airways, which has filed for bankruptcy twice.

Cheap ? Does it mean it is good ? Do we need to understand the power of momentum of a falling knife ? Should you catch ? hahhah


Look at crude oil, airline industry is going to suffer when Crude Oil goes up to $100 again, we dunno when it will happen, but it sure will one day.

after election.\

who doesn't need condom ? haha , hold

morning star! get ready for those who bled catching the falling knife

If one understands the law of physics and the structure of momentum, you know it is time to run now.

it has bottomed. Buy!

the market is not 100%, and history does not necessarily repeat itself. But history sometimes rhymes.

Based on experience, if chart shows bearish signal today, and tomorrow it goes up again, consider ourselves lucky because we still have chance to sell at higher prices.

In case it doesn't go down and later it breaks new high again, then can re-enter. Long story short: The market has no 100%, what we do is to calculate the percentage of winning/losing.

http://stockcharts.com/school/data/media/chart_school/chart_analysis/candlestick_bearish_reversal_patterns/bearrev2-evestar-t.png

Evening star generally is bearish, sometimes prices tend to remain sideway before it drops further

YTL Power is in bear market, the bear cycle will end in year 2015. Stay away until a decent profit is shown.

Rm1.00 support