I suggest that you all shall analyse daily and every minute of trading statistic before making any decision to sell or buy.

Trading statistic will not cheat you. Only your mood beat you down.

If you do some calculation, these few days selling down only amounted to RM 100m averagely. AA market value approx RM 7b.

Foreign fund may not sell at all, why I say so.

Case study: During the impact of GMT report, FF did sell "some" of their holdings, everyday transaction almost over RM 100m (last about 5 trading days), whereas unlike these few days only RM 20m-30m averagely. Don't forget that FF holds about 50% of AA. If FF sells off, this is not what you have seen.

You may ask who is selling. I may deduce that is the sale of the retailers. My words are based on the daily trading statistics. I'm not going to influence you by utilizing some other irrelevant issue to stir your mind.

The act of selling is little by little, that is 20 lots,50 lots etc...... Only retailer will do so.

This is the price before Q2 result.

Time to top up.

Don't worry, trading statistic shows retailers panic selling. Currently, only the retailers are sit uneasily.

I also recalled other verse from Confucious :

Who feeds milk to him, who will become its mother; by the time feeding is ceased, mother became enemy.

Implying that: human generally greedy, no matter how many feeding, he never satisfactory, once feeding stopped, he will complain! Complaining east south west north

We got a second class people in this human world, that is why he sensed someone is second class.

Of course, same rice raised " variety of human mind-set", some is pessimistic who attempt to seek benefit on others pain.

Malaysia got a lot of person equally to " extremist". When their words criticised others badly, they already forgot themselves the same too.

I remember a verse from Confucius , "what you think others equally mirroring your one"

Only 3 big blocks sold at the morning session , where got foreign fund keep selling.

9.35am- 1537800 units
10.43am- 150000 units
11.00am- 200000 units

Only retailers and small potatoes keep selling only.

Whereas, at 2.71,2.72, there are huge blocks buying continuously, that is 100000, 200000, 150000.

Prepare monies to buy in AA

Don't worry guys:

Bank Negara is having a brief in its office, all RM to foreign money transaction had been frozen. This move to prevent the sliding down of RM.

Good news, Bank Negara did a great, quick, responsive job.

Guys , this is stock market , buy and sell is normal. Stock market comprised by "human", each human got distinct judgment. Otherwise no gain no loss.

sell la...whatever PSC, whatever MAS,

Thank you for giving chance to buy low again. I love you all guys

Paperplane2016:

I may suggest you to call Tony Fernandes:
He is a friendly person and willing to answer all the questions.
Or attend AA general meeting and post your questions.
You may also offer yourself to him that you are "a talent and expert in aviation field." Discuss salary and working position with him, it may be high pay, 30k++ USD or MYR. Worth to do so, talents always hiding and shall be seeking.

I got a feel that you are the right man.

Reminder:

1: AA had hedged 74% of fuel requirement at averagely USD55/ bbl 2016. This means that AA had theoretically contracted USD 55/bbl regardless of what is the current price. (without keeping actual jet fuel). Therefore, if oil hike, it has nothing impact to this 74% fuel requirement, instead it will benefit AA. Specifically, i'm talking about jet fuel, not crude oil. According to IATA website, jet fuel price averagely at USD 62.30/bbl.

By your calculator: paper gain averagely USD 7.30/bbl.
USD 7.30 x quantities of jet fuel bbl= ?


2: The remainder 26% of fuel requirement is purchased according to prevailing market price.

May or may be not:
Depending on the terms in the share Subscription agreement

The sequences of events is :

1: Shareholders approval- obtained
2: local and foreign loan approval- obtained
3: Securities Commisions approval- obtained
4. Bank Negara approval- pending

Guys, read properly the news:

I doubt that reporter had been mistakenly using the words " delay"
Securities Commissioner granted " 6 months extensions" to complete the private placement.
This means that pp will happen at any one of days within these extended period.
SC granted one shot 6 months, they knew that financing ultimately subject to BNM, therefore for the sake of convenience, no need for Tony and Kamarrudin to apply again.

Read the announcement in Bursa:
Bank Negara approval is "the conditional precedent" for the loan agreement between lenders and borrowers. Agreement had been signed but subject to one treshold, once it is clear, agreement automatically in force.

For example:
If you sell your "leasehold property", you must get consent from state government. Sales and purchase agreement will only commence and effective once consent obtained, time run from the moment of consent obtained.

AA fundamentals are on solid ground. Only left one thing is " the strength of your mind".

You guys said " illogical" , this implies that you guys got confidence in AA or its warrant, however BB's technique is to shaken you all, they knew human psychology. Don't give any effect to their trick, I may feel that you guys got shaken a bit.

When something big is come, the price will drop as BB wants to buy it lower. They scare you all to run away, otherwise how they earn money.

Ignisimia , I give you "bravo"! Look at big picture analysis, great!

Running a corporate business, directors are reading the whole accounts and business planning structures. Rather than emphasizing issue which "out of the control", it is better to concentrate how to minimize the isolated impact.

To be clear:
Let say you got 10 counters in your portfolio, each of those may be in "gain" or some may be at "lost". But the "overall" position in your portfolio is "green" rather than "red". In other words, you are in a profit position as you understand that we cannot put all the eggs in one basket. Can you say that your portfolio is infeasible?

Even Warren Buffet also cannot warranty that each counter in his funds are "green".

By that concept:
AA hedges aviation fuel and MYR/USD. It targets on how to enlarge current consumers scope, how to attract consumer boarding its flight, how to minimize cost, how to co-operate with KLIA 2 operator in order to enhancing usage...etc

Don't worry about crude oil price uptrend. It will not be up substantially. Most probably hovering 40-60/bbl.

Why?

AA gets the "best " from two worlds.

1: crude oil price generally correlate with MYR/USD, if up, MYR may be strong against USD or vice-versa . This directly lessen the foreign exchange loss and that will be taken into account.
In 2013-2015, crude oil stood at above 100/bbl averagely. MYR/USD , RM 3.0-3.60, as you can see the annual financial result, AA whole year financial result was green.

2: crude oil price downtrend, this will slightly impact AA for forex loss as MYR weaker against USD. But the weakness of MYR by comparing with low oil price, the former may not hav too much concern. Tony said: current low aviation fuel by comparing with weak MYR, the latter had nothing significant!

To be frank, back to 1.30. Big boys want to buy lower

Until current 4. 35pm, most transactions only involving retailers, little sell and little buy volumn.

BB still look and see how retailers act.

2.83

Normally this month ( for Q3)

Of course it is intact. BB silently sit behind, they wait the load factor statistic coming out. Most retailers were not patiently waiting, as you can see from the selling chart.

According to current statistic,

Retailers sold their share, only a big block 100000 shares, which sold on 11.43pm. Other sell transactions was little and small, 100, 2600, 358, 200......very funny, someone sold 100, 100, 100, 100, almost ten times.

as to other oil-related listing company like Carimin, it seeks other sector to play, Property sector, this implying that oil prospect may not be good in short term.

i suggest better rest a while, this counter had been mostly abandoned by the player. i once got trap at 0.20 cents, but i took a knife to cut it without regret. What is the result now? only 0.085 cents left. It might be further down to 0.05 as the base.

The problem and issue is the oil price. It had nothing other than oil commodity. Highly sensitive now, as you can see from Petronas, it offers an exit plan for LNG in Canada.

Iran oil export embargo had been lifted by UN, do you think that Iran will listen to OPEC? even OPEC themselves also selfish, they don't want to lose their portion in world market.

openly dispose the share holdings by managing director, who understands internally more than us as the outsiders? Private issue, i might suggest that he had no confidence in this company as the crude oil might not be rise within these years.

A reporter asked Aireen, what is the fair price of AA? She answered at least RM 4 ( last year interview)
A reporter asked Tony too also AA. He answered at least RM6 ( last month interview )

Had GMT report not happened , AA price already stand above RM 3++ long time ago.

F**** GMT! Also thank GMT.

AA's fundamentals undeniable and unquestionable at least for 2017-2018-2019 why? Low crude oil price! Many international experts opined that it will be going up to 60-70/ bbl, I personally felt that it might not be so, why? The currently lifted embargo over oil export of Iran by UN will impact oil price, it would not listen OPEC to reducing their output, each country is selfish one, having their own calculation and agenda, I believed that these few years crude oil less than 50/ bbl. Iran will take this opportunity to export as much as their oil stock in order to gain the largest portion of world market crude oil trading which has been dominated by OPEC members. Remember " each country is selfish one" when interest at stake, friend becomes enemy!

Guys, just hold tightly your AA, top up some if you got extra money , you may have 2-3 months to do so prior to the announcement of AAC buyer.

Foreign funds hold more than 50% of AA, let them play and damage internally, we should be a spectator to grab in some opportunity.

Reminder: AA is one of the few counters in Bursa Malaysia that will attract the foreign and local funds or intituitional to buy in. EPF lost members money due to the GMT report, as you can observe from this incidence, even EPF also didn't analyse the "actual facts". I'm pretty sure that EPF may grab this chance to revenge! ( Source: Bursa, read AA announcements from last year till now, the change of substantial holders interests)

Airen Omar, who is she? Haha.....She bought in AA last year when the share plunged down, her buying price , 1.8x-1.7x , more than 70000 shares in her hand. She neither buy nor sold afterwards, please use your calculator how much paper profit she has been gained? ( source: Bursa announcement)
Who understand internally more than us as outsiders? Think wisely.

Private placement deferred 60 days, this indirectly providing buy in opportunity to us! At least the dilution of EPS will not happen imminently and having timetable instead. Any earning still calculated based on current share base.

Conclusion:
AA's Fundamentals intact. Just a matter of confidence. I'm believed that AA will reward who got holding powers as this counter generally fluctuating up or down within foreseeable range, that is 0.2+-. If you got weaker mind, this fluctuation will frustrate you.

AA declined 9 cents today is normal:

Why? only 6319700 shares traded, value RM 17.759m, very low actually for this counter.

- Downwards started from 2.30pm. Why?
1 : Margin call of contra players? T+3, that is today
2: or someone attempting to stir up AA"s shareholders

According to data analysis:
Factor 2 most possible, why?

-2.48pm: sell 100000
-2.48pm: sell 2000
-..........: sell 2000
-..............sell 1000
-............sell 20000
-.............sell 1000
-.............sell 2000
-.............sell 20000

From this pattern: someone is manipulating it. All selling call at the same time, same minute and same second.

Whereas comparing with AAX, slightly up or down. This implying that "BB" has a huge interest of AA.

Deutsche bank issue is not a problem at all:

Source: The Guardian UK.
Deutsche Bank shares hit new 30-year lows, but "recover" ground after CEO John Cryan tells staff that the bank has ‘strong fundamentals’.

-De Javu "familiar circumstances", similar to Air Asia last year hit by GMT report.

-Someone attempts to create turbulence to world stock market, trying to draw history will repeat itself as Lehman Brother. Risks in most of the people eye but "enormous opportunity" to a handful of people.

-I suggest that bank CEO should interact with Tony.

M A Wind , please don't mislead other people only for your own benefit,"!

Similar situation like "you buy or sell a leasehold property", generally the state's consent must be obtained prior to proceeding buying and selling procedure.

Read the announcement thoroughly ! " conditional precedent , subject to the approval of Bank Negara". Tony and Kamarudin obtain loan from local and also foreign bank .

Don't worry guys! Yesterday and today is margin calling, contra player forced selling

PSC does not post any threat or risk to AA.


-Even consumer also didn't feel any bite of it.

Why?
For example: KL to Beijing, RM 500/ one way, promotion valid with from Jan to Jun, flying date from next year March.

- If you book on the date the promotion offered, you may get RM 500/ one way and also depending on the date and time of departure.
-This means AA ticket system is using "fluctuation system". Some may successfully book with promotion price and some may book with higher price. Further more , you don't even know "the actual cost of each ticket"..
-To be clear: assuming, KL to Beijing, one seat cost is RM 100, but AA utilising its "fluctuation ticketing system", same ticket but sell with different price.
-That is why in AA accounting report which appears such terminology:
" average cost per passenger", average expenditure per passenger"...etc

-One must be noted: Not all consumer will book as early as possible, as long as long someone booking close to his departure date, he will pay more for it. This "paying more" will indirectly cover PSC cost.

-AA is a successful budget airline in the world:
Its business module is selling "each of its products one by one", e.g priority boarding, meals, luggage....
Tony said: " AA is the Walmart on the sky".

-Whereas full-service airliner may not have this module: They put "all in one" ticket price, you enjoy certain limitation of luggage benefit, meals included, beverage may be unlimited offer, but alcohol drinks got limitation...etc
The costs of each passenger will undoubtedly higher, its accounting system cannot discriminate where "the beverage, meals....going direction", some more unforeseeable taking away by the airline staff.

-However: One by one product offered totally different story
How many nasi lemak sold today?
How many mee cup sold today?

-In consumer perspective:
Indeed, i just want cheap air ticket or low cost, other i don't care.
simply, each consumers demand different services.
This directly improving the efficiency of scarcity resources.
AA as budget airline may save a lot of resources and keep environment sustainable, e.g the new NEO airbus.

JP Morgan report cannot beat our Maybank !
Malaysia Boleh! Air Asia boleh !
We must solidify as together as " we all eat Nasi Lemak growth", JP eat "steak", it don't share any common element !

Thanks again
" now everyone boarding"

Topgolove, supermax:

The young and old may not know what these companies and its products
But when if you asked about Air Asia, they may response "now everyone can fly again"

Strong brand name and its appearance virtually everywhere.
From street, newspaper, website, waze....

Whereas topglove, supermax, its product is "rubber glove"
-this will have some scary and fear thinks
-which place use rubber glove?
-What kind of people use it?

what an "outstanding" comment form topglove2:

1: AA buying new plane for "business purpose", which is for working and productivity purposes. Whereas buying a car for leisure and own-used purposes will not bring in any "external money gain" as you are not running a business, moreover, you have to pay continuously for maintaining its service. By contrast, for business purpose also involving maintenance cost etc. However its costs ultimately covered and calculated in "ticket price", seeking external source to maintain plane's viability and usability in order to realise the largest gain and redistribute to " shareholders"

2: Don't forget that plane and car also got "used plane" field.

3: Lower consumption for long term strategy, it will save much maintenance cost and increase the " operating profit" in future.

4: I doubt Topglove2 has any long vision. This implying that he is short-sighted.

Thanks also to panic, nervous holders selling.
Manage to get 10 lots at 2.70.

Thanks for BB selling, what is the result now?