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2017-08-17 11:49 | Report Abuse
Pls don't break 1.30 so fast. I haven't bough enough.
2017-08-08 11:48 | Report Abuse
Wakaka. I was wondering why suddenly Fajar heavily advertised. Already expected a big shark disposal. Nevertheless, have faith with the fundamentals.
2017-07-24 15:08 | Report Abuse
All of us here buy 100 lots let it break
2017-07-17 15:47 | Report Abuse
Spin off creates uncertainty for both the parent and the new spin off companies. Need to hold long term to see it's benefit. Most likely investors are not willing to wait.
2017-07-12 17:40 | Report Abuse
Proposed listing of its subsidiary.
2017-07-11 10:46 | Report Abuse
Qtr report haven't out they sell on what basis? Base on feeling?
2014-11-28 09:07 | Report Abuse
Steady my frens! Here is the interesting part!
2014-11-27 19:01 | Report Abuse
Results can be the best like mmsv, elsoft... What happened to them? Lol results is partly but not all
2014-11-27 18:59 | Report Abuse
Agree. The chart going up with all time high clearing all resistance. it will not reach here without confidence from the share holders. Something must be brewing!
2014-11-27 18:23 | Report Abuse
Profit improving! it will become more and more. Lets see
2014-10-01 16:08 | Report Abuse
Tomorrow 100,000,000 shares will flood the market. Sell now or too late
2014-06-02 09:26 | Report Abuse
In 2 mths time, gov will announce highspeed rail 1st station. Which will be at tanjung putri jb.
2014-04-24 21:01 | Report Abuse
My cview today raised 30 cents. 10% a day
2014-04-24 17:25 | Report Abuse
Arhhhhh.., this stock too slow bue tahan
2014-04-11 06:30 | Report Abuse
If you're strolling along a street in Thailand this Sunday to Tuesday, don't be surprised if a perfect stranger drenches you with water despite the obvious fact that you're not on fire.
This is Songkran, the traditional Thai New Year, and it culminates in a nationwide water fight. Water is a symbol of happiness and purity in the Kingdom, and what better way to mark the end of the dry season and the start of the rains than by chucking water on your fellow man or woman?
Are you in Thailand for the Songkran Water Festival? Have you been in previous years? We would love to see your photographs, videos and experiences. We'll include the best submissions in a gallery on the Guardian site. Please bear in mind that we need parental permission for photos of under 16s, so do make that explicit in the text when you submit them.
You can share your Songkran photos, videos and stories with GuardianWitness by clicking on the blue 'Contribute' button, or if you're out and about you can download the free GuardianWitness app for smartphones. We will publish the most interesting submissions on the Guardian site.
• GuardianWitness is the home of user-generated content on the Guardian. Contribute your video, pictures and stories, and browse news, reviews and creations submitted by others. Posts will be reviewed prior to publication on GuardianWitness, and the best pieces will feature on the Guardian site.o
2014-04-11 06:25 | Report Abuse
. Global air travel has increased at an average rate of between five and six percent per year, even in times of economic distress. Demand is highest in places like China and Southeast Asia, where sudden wealth is fueling the urge to travel to faraway places. Industry forecasters agree that by 2030 the Asia Pacific region will overtake both North America and Europe to become the largest aviation market, accounting for 32 percent of the total.
2014-04-10 18:21 | Report Abuse
AirAsia to return to Japan 'like Caesar': CEO
10 Apr 2014, 12:56 PM
AirAsia is getting closer to finding a partner for a Japan comeback after Asia's largest budget carrier pulled out of its money-losing joint venture there last year, CEO Tony Fernandes told CNBC.
The carrier is "a couple of months away" from finding a partner for its return to Japan, he said Thursday. "I had a very good presentation from the team. We're confident."
Last year, AirAsia sold its stake in its Japanese budget airline joint venture with ANA Holdings, ending a less than two-year-old money-losing tie-up. The carrier, which was 67 percent-owned by ANA, had flown to five domestic destinations and two in South Korea.
But AirAsia certainly isn't taking a once-bitten, twice-shy approach to Japan.
"We shall return like Caesar," Fernandes said. "This could be -- and I still believe it, it's a strong statement -- probably the most profitable company within AirAsia," he said.
"Everyone wants to come to Japan," Fernandes said, adding "We`re going to make affordable and Japanese love to travel so I`m very bullish," he said.
However, after the ANA tie-up floundered on disagreements over issues ranging from where it should be based to costs to the website`s language, the Malaysia-based carrier is looking to change its game-plan this time around.
"We might find partners who are more like-minded," Fernandes said. "We've always worked as one captain of the ship. When you have two airlines, there are two views on how to do things."
But while Fernandes is positive on progress in re-entering the Japanese market, he`s more reserved on efforts to enter India.
"People have been very aggressive in trying to stop us," he said. "Yesterday, it was announced that the elections should slow it down." Voting in India`s election is set to end on May 12.
At one point, AirAsia had hoped to begin flights by March of this year, but indications are that may be pushed back to October.
AirAsia India - which is 49 percent-owned by AirAsia and 30 percent-owned by
2014-04-10 18:19 | Report Abuse
The carrier’s board will stick with a previously announced policy of paying an annual dividend of 20 percent of net operating profit, Fernandes told Bloomberg TV’s Rishaad Salamat today. After a meeting to review earnings yesterday, the company told the stock exchange in Kuala Lumpur that “the directors do not recommend any dividend for the quarter ended Dec. 31.”
“The dividend policy remains in place,” Fernandes said. “We are confident of paying that dividend out.”
AirAsia’s board will propose a payout when it meets in April after a final audit of last year’s accounts, Fernandes said today. The Sepang, Malaysia-based budget carrier, which sold shares in an initial public offering in 2004, adopted the dividend policy in February last year to give more certainty to its shareholders, the company said then.
The carrier started distributing profits in 2011 after retaining earlier earnings to finance expansion. It proposed a special dividend of 18 sen per share, in addition to a final payout of 6 sen a share at the same time it released 2012 fourth-quarter earnings last February. The two previous dividends were paid in July 2012 and the same month a year earlier, according to data compiled by Bloomberg.
The shares gained 0.4 percent to 2.39 ringgit as of the 12:30 p.m. break in Kuala Lumpur trading today and have advanced 8.6 percent this year, after dropping 20 percent in 2013.
Deferring Planes
AirAsia’s net income dropped to 245.4 million ringgit ($75 million), or 8.8 sen per share, in the three months ended December from 303.4 million ringgit, or 10.9 sen, a year earlier, according to yesterday’s stock exchange filing. The carrier also reported a foreign-exchange loss on borrowings.
The airline is confident of a “good” 2014 and aims to cut costs by 5 percent this year, Fernandes said today. Passengers carried grew 14 percent to 5.91 million in the fourth quarter from a year earlier, exceeding capacity expansion of 10 percent, AirAsia said in separate statement yesterday.
The carrier has ordered more planes to accelerate expansion. AirAsia already has about 140 A320 planes in operation plus 335 on order.
“There’s been so much talk about capacity,” Fernandes said. “We are kind of done with what we’ve wanted to do and we see capacity rolling out. So we are taking a little bit of a backseat now. We’ve deferred a lot of planes -- we are deferring seven planes this year and 12 planes next year. That gives us enough for growth.”
AirAsia plans to start an airline in India with partners including the Tata Group, following similar ventures in the Philippines, Thailand and Indonesia. AirAsia is confident of getting its India license “imminently,” Fernandes said.
To contact the reporters on this story: Barry Porter in Kuala Lumpur at bporter10@bloomberg.net; Chong Pooi Koon in Kuala Lumpur at pchong17@bloomberg.net
To contact the editor responsible for this story: Anand Krishnamoorthy at anandk@bloomberg.net
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2014-04-10 18:17 | Report Abuse
DETAILS OF THE PROPOSED SHARE BUY-BACK
The Board proposes to seek the shareholders' approval for the authority to purchase the Company’s own ordinary share(s) of RM0.10 each (“AirAsia Share(s)” or “Share(s)”) of up to ten percent (10%) of the issued and paid-up share capital of the Company as at the point of purchase.
The Proposed Share Buy-Back is subject to Section 67A of the Companies Act, 1965 (“Act”), the Main Market Listing Requirements (“Listing Requirements”) and any prevailing laws, guidelines, rules and regulations issued by the relevant authorities at the time of purchase. The Proposed Share Buy-Back would be effective immediately upon the passing of the ordinary resolution relating to the Proposed Share Buy-Back at an extraordinary general meeting (“EGM”) of the Company to be convened and shall be valid until:
(a) the conclusion of the next annual general meeting (“AGM”) of the Company; or
(b) the expiration of the period within which the next AGM of the Company is required by law to be held,
whichever is earlier, unless earlier revoked or varied by an ordinary resolution of the shareholders of the Company in a general meeting, but shall not prejudice the completion of purchase(s) by the Company before the aforesaid expiry date and in any event in accordance with the provision of the Act, the Listing Requirements and other prevailing laws, guidelines, rules and regulations issued by the relevant authorities.
The funding of the Proposed Share Buy-Back will be from internally generated funds and/or external bank borrowings, and the amount allocated for the Shares purchased by AirAsia pursuant to the Proposed Share Buy-Back (“Purchased Share(s)”) will not exceed the aggregate amount of the Company’s share premium and retained earnings. All Purchased Shares may be cancelled or retained as treasury shares or a combination of both. Treasury shares may be distributed as share dividends, resold on Bursa Malaysia Securities Berhad (“Bursa Securities”) and/or subsequently cancelled. The Company is required to make an immediate announcement to Bursa Securities of any purchase/resale or cancellation of the Shares pertaining to the Proposed Share Buy-Back.
2014-04-10 18:16 | Report Abuse
The effect of the Proposed Share Buy-Back on the NA of the Group will depend on the actual number of and prices paid for the Purchased Shares, the effective funding cost to the Group to finance the purchase of such Shares, or any loss in interest income to the Group, and whether the Purchased Shares are cancelled, retained as treasury shares, resold on Bursa Securities or distributed as share dividends to shareholders of the Company.
If all Purchased Shares are cancelled, the NA of the Group would decrease if the purchase price per Purchased Share exceeds the NA per Share at the relevant point in time, and vice versa.
The NA of the Group would decrease if the Purchased Shares are retained as treasury shares, due to the requirement for treasury shares to be carried at cost and be offset against equity.
If the treasury shares are resold on Bursa Securities, the NA of the Group would increase if the Company realises a gain from the resale, and vice versa. If the treasury shares are distributed as share dividends, the NA of the Group would decrease by the cost of the treasury shares.
The Proposed Share Buy-Back, as and when implemented, will reduce the working capital of the Company, the quantum of which will depend on, amongst others, the number and the purchase price(s) of the Purchased Shares.
2014-04-09 11:02 | Report Abuse
airasia operating profit has been consistant. Net profit is only a matter of account due to foreign exchange.
Air asia is planning a share buy back of 10%. Someone throw out 2 mil shares in a transaction is abnormal. Mindful if airasia pressing the price furher for a bargain buy back.
2014-04-04 16:14 | Report Abuse
2.4 broke. March towards 2.2 support. Sell now and buy later
2014-03-26 10:23 | Report Abuse
lalalala today green green XD. Will the rise continue? Or there is still space to fall? Wait and u will know! Hahahahaha
2014-03-25 12:33 | Report Abuse
Folks... Will AA India be another sizable business? Just like how AA Msia evolved? Omg...
2014-03-25 12:11 | Report Abuse
Clap clap! Amid resistance frm multiple airlines in India. AA still managed to bring its physical aircraft landed in its heart city. Its shows how important AA is for India. How much will it add values to the India's economy... Im looking forward!
2014-03-24 16:50 | Report Abuse
Cmon... Don't be so serious in this forum.. Do u think wat we say here will affect the market? Im not selling, just playing like a fool with bullbear.
2014-03-24 16:04 | Report Abuse
Folks. Be wary if this company is paying dividend. With the rising cost, fuel, taxes and competition, giving dividend will only do harm to the conpany sustainability. The only reason they are paying dividend is to jack up the share price, and sell theirs.
A normal sense management will forbid any divi. payout. Folks, if u are hoping for it, don't waste your time.
2014-03-24 15:18 | Report Abuse
Folks. AA is an inferior goods. It will not do well in a booming economy. Give up and catch the train in other counters!
2014-03-24 15:07 | Report Abuse
BullBear is not human. Its a virus programme. Dont talk to him
2014-03-24 15:01 | Report Abuse
Other counters are rising... Dont you feel pain watching them rise?? Sell!
Stock: [FAJAR]: FAJARBARU BUILDER GRP BHD
2017-12-26 11:26 | Report Abuse
MRT3 talked from May till now. Go fly kite