Major Shareholders As At 26/02/13

1. TUNE AIR SDN BHD: 25.5%
2. WELLINGTON MANAGEMENT: 10.6%
3. EMPLOYEES PROVIDENT: 7.8%
4. CAPITAL GROUP COMPANY: 7.3%
5. GENESIS SMALLER COMP: 5.3:

Shares Issued : 2,779.9 million
Market Cap(Rm): 7,339.0 million
Free float: 60.9%
Foreigners: 48.29%
Performance: 52-week High Rm3.85 / Low Rm2.49
All Time High: Rm4.00

Other Subsidiaries:-
1. Thailand operations (45%)
2. Indonesia operations (49%)
3. Asian Aviation CAE (50%)
4. Expedia AAE Travel (50%)
5. BIG (50%)
6. Airasia Philippines (40%)
7. Airasia Japan (49%)

1. Maybank IB: Upgrade the stock to a BUY (from HOLD) with a TP of Rm3.00 per share, based on 9.2x 2013 adjusted EV/EBITDAR – in line with global peers.

- Malindo threat remains. There will be a price war between Malindo and Airasia. Airasia’s share price has retraced by >25% since the announcement of Malindo’s intention to commence services in Oct 2012.

2. Kenanga: Malindo's entry into Malaysia will be the immediate threat for AirAsia while the risk of higher fuel cost is still high in 2013.

3. Alliance: Airasia can expect intensifying competition from both newcomer Malindo.

4. HLG: Maintained Hold with higher Target Price of RM2.84, based on 20% discount to SOP on uncertainties from the entry Malindo Airways & aviation Exposure to Sulu Invasion in Sabah.

- Some foreign embassies have already issued travel alerts to its citizens especially to Sabah East Coast (which is famous for diving activities).

5. HwangDBS: 4Q12 core profit of RM361m above our expectations but below consensus. Declared final DPS of 6 sen and special DPS of 18 sen announced dividend payout policy of 20% of core profit. Maintain HOLD and RM2.90 TP.

6. BAML: Bank of America Merrill Lynch, saying it is keeping its NEGATIVE stance on Airasia ahead of the general elections, has given a price objective of RM1.85 to the airline.

- BAML believe increased news flow over Malindo’s launch in the coming weeks and fears of how severe the resulting price erosion will be, as well as uncertainty over the upcoming Malaysian elections, will keep the stock under pressure.

Folks, the lure of a generous special dividend amounting to Rm666 million cash payout will generate significant investor interest in the stock until the dividend ex-date.

Careful loh!! Haahahahahahahahah!!!!!!!

Have a nice weekend, folks! Adioussssss!

Local Indian low-cost carriers to rework new strategy with entry of Airasia. Airasia's foray comes at a time the airline industry is in turmoil with passenger traffic sliding.

Folks, the number of passengers in fact shrunk 7.3% in November on a year-on-year.

Folks, operating costs in India remain high compared to Southeast Asia due to punitive fuel taxes, high airport charges and inefficient infrastructure. This is combined with high inflation and interest rates and GDP growth running at its lowest level in a decade.

Posted by BullBear > Mar 8, 2013 02:47 PM | Report Abuse X

Latest Shareholder's Interest dated 08/03/2013

As at 07/03/2013 - Total held by EPF: 221,612,800 = 7.97%
As at 25/09/2012 - Total held by EPF: 273,585,900 units = 9.84%

As at 07/03/2013 - Total held by Tune: 710,931,282 units = 25.57%
As at 24/09/2012 - Total held by Tune: 642,901,282 units = 23.14%

Beside WELLINGTON MANAGEMENT COMPANY (foreign fund), latest EPF has disposed 468,700 units on 4/3/2013 despite a special dividen of 18%. But why, folks?

Remember folks, as at 31 December 2012, 48.29% of shares were held by foreigners and the price pegs at Rm1.85 by US Research House (Bank of Americal Merrill Lynch) will create a selloff by foreign & local funds in the coming weeks!

Careful now as too much of good news (stunning profit, special dividen, interim dividen, AA India, etc) and yet the stock price is still far away from it all time high of rm4.00, folks!

The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell. Amateurs want to be right. Professionals want to make money. Hahahahahahah!!

http://my.news.yahoo.com/ba-merrill-lynch-pegs-airasia-low-rm1-85-093026044--sector.html

RESEARCH firms estimate Airasia's financial performance to experience short-term hiccups this year, with the entry of Malindo Airways into the local aviation industry.

Malindo's entry into Malaysia will be the immediate threat for Airasia while the risk of higher fuel cost is still high in 2013.

Folks, for info FY12 core net profit increased by only 5% only despite a stronger 12% increase in the revenue.

This was due to the higher increase in its fuel cost, staff cost and maintenance and aircraft related costs.

Folks, new airline means more compeition. Can AirAsia manage a new compeitor right now when it is heavily committed to new aircrafts?

Only time will tell! Hahahahahahahahah!!

Definitely! Slowly & surely foreign & local funds will be dumping this counter after the ex-date.

Even before the ex-date WELLINGTON MANAGEMENT COMPANY as per the Bursa announcement dated 5/3/13 has disposed 1,491,600 units on 27/02/13 & 4,428,100 units on 01/03/13.

Investors have very short memories!

Folks, AA stock is high, but volume is light meaning there’s not a feeling of general euphoria on the profit & special dividen as announced.

Selling done by one of the foreign fund:-
Disposed: 26/02/2013 2,188,800 (4QE announcement day)
Disposed: 27/02/2013 1,491,600 (after 4QE announcement)
Disposed: 01/03/2013 4,428,100 (after 4QE announcement)

Careful now as light volume can create its own problems! Investors have very short memories! Wakakakakakakaka!!

PUTRAJAYA, March 7 - Transport Monster Kong Cho Ha presents air operator's certificate to Malindo Air at Putrajaya Marriott Hotel, Putrajaya at 0930am.

PUTRAJAYA, March 7 (Bernama) -- Malindo Air, Malaysia's first hybrid airline, has secured US$1.1 billion financing from the US Export-Import Bank to buy 27 Boeing 737-900ER aircraft.

Malindo Air is a new airline in the country. It will stimulate other airlines to continuously push for better services in order to attract customers. There you go, folks!

http://airasiaannus.blogspot.com/2008/09/air-asia-convice-us-theyre-unsafe.html

http://airasiaannus.blogspot.com/2009/09/airasia-safety-part-2.html

.....so they say......not me, OK!



FYI Malindo Air is a new airline, folks! Hahahahahahahah!!

General election worries will continue to create volatility in the market until the overhang disappears in the next few months.

Folks, we can't brush aside possibilities of a bull market in the near term.

Heheheheheheheheh!!

Malindo Air, Malaysia's second low-fare airline, which is set to take off later in March has set the fares for flights from Kuala Lumpur to Kuching and to Kota Kinabalu.

The all-inclusive fare for the KL-Kuching flight is RM38 while that for KL-Kota Kinablau is RM68.

There you go, folks!

BAML: AirAsia’s management “looks increasingly thinly spread”. It noted that Japan and the Philippines are still loss-making and its proposed venture in India is likely to consume significant time.

The price pegs at RM1.85 is based on 6x recurring PE for 2013E, inclusive of recognised and unrecognised associate profits and losses.
This is a trough valuation multiple reflecting our expectation of a sharp decline in earnings through 2014 as main rival Lion Air aggressively expands in Malaysia.

Folks, what seems low and cheap generally goes lower. Is Airasia on the uptrend or just a bear trap? Careful now!! Heheheheheh!!

BAML: Malindo entry is a key concern....Given the imminent start of new rival Malindo in its home market in Malaysia, AirAsia’s stock price could face an intensification of headwinds in the coming weeks!

Remember folks, as at 31 December 2012, 48.29% of AirAsia shares were held by foreigners.

It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. Hahahahahahhahaha!!

BAML: We believe increased news flow over Malindo’s launch in the coming weeks and fears of how severe the resulting price erosion will be, as well as uncertainty over the upcoming Malaysian elections, will keep the stock under pressure.

Folks, fasten your seatbelts it's going to be a bumpy flight!!

Latest Shareholder's Interest dated 07/03/2013 09000hrs

As at 07/03/2013 - Total held by EPF: 215,150,500 = 7.99%
As at 25/09/2012 - Total held by EPF: 273,585,900 units = 9.84%

As at 07/03/2013 - Total held by Tune: 710,931,282 units = 25.57%
As at 24/09/2012 - Total held by Tune: 642,901,282 units = 23.14%

Folks, as at 31 December 2012, 48.29% of AirAsia shares were held by foreigners. Latest massive selling by WELLINGTON MANAGEMENT COMPANY (foreigner):-
Disposed: 26/02/2013 2,188,800 (4QE announcement day)
Disposed: 27/02/2013 1,491,600 (after 4QE announcement)
Disposed: 01/03/2013 4,428,100 (after 4QE announcement)

Remember folks with Malindo Air entry & GE13 announcement around the corner, would there be more massive selling by local & foreign funds after the entitlement date for the special dividen?

Bank of America Merrill Lynch (BAML), saying it is keeping its “negative” stance on Airasia, has given a price objective of RM1.85 to the airline, a 37.5% discount to its last traded price of RM2.96.

Only time will tell!

Malindo had on last Tuesday announced that it had obtained its right to fly and is expected to start flights by end-March 2013.

Analysts expect Malindo Air to be the next blip on Airasia Bhd's horizon, with the competition likely to impact earnings from 2H 2013 onwards.

Folks, you can never predict when that unknown torpedo will come out of the dark and smash the price of a stock.

No regrets! Average price at rm 2.6012! Playing for only 8 trading days making hefty profit. Thanks to you all anyway!

All the best, folks!

As mentioned earlier, zero holding now! Disposed at 2.83 & 2.85 including contra! Will be back when opportunity arise again! No worries!!

Heheheheheheheh!!

The Foreign Investment Promotion Board (India) has approved Airasia Bhd's proposal to set up an airline jointly with the Tata group.

Happy Investing, folks!

Folks, a Roadblock ahead for Airasia India?

Airasia's India venture may hit rough weather, aviation sources told NDTV Profit, based on the ministry's interpretation of foreign direct investment (FDI) norms in the sector.

day before the Foreign Investment Promotion Board (FIPB) meeting to look into Airasia’s proposed joint venture to launch a new airline here, the Aviation Ministry is understood to have opposed the plan, saying the new FDI rules are meant for existing carriers only.

The ministry's opposition comes amid reports in a section of the media that Airasia Group chief executive officer, Tan Sri Tony Fernandes was keen to kick off his airline in the country as early as May-June, instead of his earlier plan of towards the year-end.

The FIPB is slated to take up Airasia’s JV proposal with the Tatas and Arun Bhatia on Wednesday. The Ministry is understood to have expressed its reservations in a note to FIPB, stating that the new company should have been formed before seeking the government’s nod.

Pump & dump. Once these fraudsters "dump" their shares and stop hyping the stock, the price typically falls, and investors lose their money.

Latest incident in Sabah involving Filipinos meaning less people will travel to that area. Adding salt to the wound, Malindo has received permit to operate, the coming GE13, Europe problems & latest the China heated property market.

Good thing is that Airasia has found right partners in India but the market is unprofitable. Operating costs in India remain high compared to Southeast Asia due to high fuel taxes and high airport charges.

Can Tony push the price Rm3 above before the lodgement date for the special dividen? Well folks, only time will tell!

HangSeng :22,513 -367 down by 1.60%
Shanghai : 2,272 -88 down by 3.71%
JKSE Com : 4,747 -63.73 down by 1.32%
Australia: 5,028 -72.40 down by 1.42%
NZ Stock : 4,253 -64.39 down by 1.49%
KLCI Comp: ??????????????????????????

China’s property sector took a beating Monday in response to new government measures to take the heat out of the real-estate sector, including a new property capital-gains tax and other disincentives.

When asked whether homes in China were too expensive, Wang simply answered yes. He told CBS that the average resident trying to buy an apartment in Shanghai would have to pay more than 45 times his or her annual salary.

And when asked if there was currently a bubble in the Chinese property market, he said: “yes of course.”

Worse still GE13 announcement around the corner! Careful folks!

Latest incident in Sabah involving Philipine meaning less people will travel to that area. Adding salt to the wound Malindo has received permit to operate from the Malaysian authority.

Can Tony push the price Rm3 above before the lodgement date for the special dividen? Well folks, only time will tell!

1) The above Company's securities will be traded and quoted [ "Ex - Dividend" ]
as from : [ 11 March 2013 ]

2) The last date of lodgement : [ 13 March 2013 ]

Happy Investing, folks!

Not the time yet, bro! Tony will push the price further to rm 3.00 above. Will he be successful, only time will tell!

Prices will most probably decline further after the entitlement date 13/03/2013 for the special dividen at 0.18 sen!

Good luck, folks!

FOLKS, one way to end up with $1 million is to start with $2 million and buy CAP! Hahahahahahahahah!!

Folks, Tune Air has acquired a total of 44,080,000 units at an average price of 2.904 costing Rm128 million from 15 Oct 2012 till 29/01/2013.

So minus the special bonus at 0.18 sen meaning Rm2.904 - 0.18 = Rm2.724 average price, folks!

Will the price go above Rm3.00, only time will tell! Careful now! Investors do have short memories! Good luck now! Heheheheheh!!

No worries! Zero holding now! Sold at 2.83 & 2.85! Yessssssssssss!! Will be back when opportunity arise again!

Adios folks!

Zero holding now, folks. Seling again at R2.85. See u when apportunity strike again!

Sell more at rm2.83. Yessss....

Sell some at Rm2.83! Thank you, folks!

Folks, comparison for 4QE2012 against 4QE2011

1. Revenue: 1,408,388 / 1,278,455 .................good!
Minus Operating Expenses: 977,752 / 807,174 ......bad!

So Total Operating Profit: 430,636 / 471,281 ......bad!

2. Net Operating Profit: 354,343 / 396,862 ........bad!

3. Profit before Tax: 363,763 / 324,454 ...........good!
minus Ccurrent tax: -3,114 / -4,080
minus Deffered Tax: -9,000 / -189,695

So Total Profit After Tax: 350,649 / 130,679 .......Lower Taxes!

4. Bad news Operating Expenses increased by 170.578 million Q12 against Q11.

5. Bad news YoY Operating Expenses increased by 505.578 million.

6. Good news as special single tier interim dividend of 18 sen per ordinary share. Payment date 12/04/2013. Entitlement date 13/03/2013. But will you be able to sell at a profit as GE13 is just around the corner!

7. Airasia had also recommended a final single tier dividend of 6 sen per ordinary share, subject to the approval of the shareholders at the forthcoming AGM to be convened on a date - Bad news, folks, by that time the price will be much lower after the payment for special dividen.

The stock market is filled with individuals who know the price of everything, but the value of nothing. Be extra careful, folks! GE13 coming!! Heheheheh!!

Well done, Airasia! Buy on fear, sell on greed! Yessssssssss!! Thank you, folks!

Wy Lee, there's lots of people in this world who spend so much time watching their health that they haven't the time to enjoy it

Anyway eat right, exercise regularly, die anyway! Right? Heheheheheh!!

Health is not valued until sickness comes. Anyway all the best to those waiting for the 4QE announcement & good luck!!!

Folks, the greatest wealth is health. Have a nice day!

Hope for share price to increase vs Reality

In reality, hope is the worst of all evils, because it prolongs man's torments.

When the world says, "Give up," Hope whispers, "Try it one more time."

If you knew that hope and despair were paths to the same destination, which would you choose?

Wakakakakkakakakakakak!!!!!

Investors have very short memories!!! Hahahahahahahahahah!!

1. The proposed Kuala Lumpur-Singapore High Speed Rail (HSR).

2. Malindo Air received the air operators licence.

3. GE13.

4. 4QE?

5. Fierce competition threatens to erode the industry's profit margins.

6. AirAsia group has a massive 350 Airbus A320 planes on order.

7. Low-cost carriers are expanding at a "frenetic pace," raising concerns.

8. Underlying market conditions (such as fuel prices), the pace of further liberalisation, and additional joint venture decisions, will determine how quickly AirAsia actually grows.

9. The listing date of Airasia X, is uncertain now amid rumours that it could be delayed again.

10. Bank Negara Malaysia could raise interest rates in the second half of this year meaning financing getting expensive if the rate is raised!

11. Airasia net profit for FY 2012 was boosted by a one-off gain of 1.16 billion ringgit following a share sale at its Thai unit.

12. Indonesia is resisting opening its airspace, putting a crimp in plans to add regional flights, says it needs more time to get ready.

13. Operating expenses increase every year.

14. The risks and uncertainties include, but are not limited to, risks associated with the inherent uncertainty of airline travel, seasonality issues, volatile jet fuel prices, world terrorism, perceived safe destination for travel, Government regulation changes and approval, including but not limited to the expected landing rights into new destinations.

15. Folks, in the business world, the rearview mirror is always clearer than the windshield.

Hahahahah.... Thanks tommylou.

- It's all go for Malindo Air after it received the air operators licence from the Malaysian government .

- Malindo can now start selling tickets for its low fare operations.

- It will start flying at end-March.

Malindo Air (MLO)is taking delivery of their first 737-8GP, 9M-LNB (c/n 38728, l/n 4350) flying as MLO1.

Let the Game Begin!!

An another aspect where Airasia differs from airlines in India is its stress on ancillary revenue.

It sells tickets at rock bottom prices but charges for virtually all services - onboard meals, entertainment, preferred seats, pillows, baggage and so on.

Full service airlines give a preferential treatment to their executive class passengers whereas Airasia does the same at a charge.

Known as Air Asia Red Carpet it offers passengers special check in counters, priority baggage delivery and use of lounge for a fee.

Folks, in 2011, 18% of Air Asia's revenue came from ancillary sources.

If Arasia Indian plans receive the go-ahead from the authorities - both the Foreign Investment Promotion Board (FIPB) and the Ministry of Civil Aviation (MoCA) Airasia India will be the first success of the new foreign direct investment (FDI) rules allowing foreign airlines to acquire up to 49 per cent in Indian carriers.

Thus, this will also help Tony Fernandes because the AirAsia group has a massive 350 Airbus A320 planes on order.

So how does the airline keeps its cost under control?

About 85% of Airasia tickets are sold through its website limiting agents' commission (In India about 70-80% of tickets are sold through offline agents and portals).

In Kuala Lumpur and Bangkok Airasia flies to low cost terminals (there are none in India).

"We get rebate in landing and parking charges at Bangkok,'' explains Benyamin Ismail who handles the investor relations in Airasia.

Other aspects of cost optimisation include higher aircraft utilisation (12-14 hours daily), lower turn around time (25-30 minutes), use of dedicated kiosks for passenger check-in reducing the manpower requirement.

Airasia's unit costs are significantly lower than Indian carriers due to use of low cost terminals, lower distribution costs, single aircraft type operation and higher aircraft utilisation amongst others.

Unit costs or cost per available seat kilometre (CASK) refers to expenses incurred on flying a seat (filled or empty) over a kilometre.

A J P Morgan report shows Airasia's CASK is (4.4 cents) is lower than SpiceJet (6.4 cents), JetLite (7.5 cents) and Jet Airways (9 cents).

Airasia claims that its CASK (along with Ryan Air) is the lowest amongst all airlines.

Folks, one of the reasons for low operating costs is that aviation fuel is not taxed in Malaysia.

Airasia can afford the low costs because its per unit costs are amongst the lowest amongst all airlines and earns about 18% of all revenue from ancillary sources.

However, experts say replicating the business model in India will be a challenge because of high cost structure and taxes.

Latest on Share Price Performance: 25/02/2013

01 Month : High 2.810 (29-Jan-13) / Low 2.570 (21-Feb-13)
03 Months: High 2.990 (09-Jan-12) / Low 2.490 (21-Dec-12)
12 Months: High 3.850 (06-Jul-12) / Low 2.490 (21-Dec-12)

Will the 4QE be better than previous year? If so why is the counter trading near it year low instead of it all time high at rm4.00 or at least trading near the one year high? Only time will tell, folks!

Latest: Japanese stocks fell sharply in early Tuesday trading.

Asian stocks markets fell sharply Tuesday after signs of an inconclusive general election in Italy sparked worries that another chapter in Europe’s debt crisis could be opening.

U.S. stocks fell sharply on Monday, with the Dow Jones Industrial Average having its worst session this year, as Italian elections and looming spending cuts in the U.S. hit sentiment.

Remember folks, more aircraft delivered during the 4Q as compared to other Q! With GE announcement around the corner, if AA fail to deliver better 4QE than previous year, a new low will be in the making! Careful now, folks!

Aircraft Delivered on 4Q:-
18/10/12: AirAsia (AirAsia Japan) A320 - 1 unit
30/10/12: ICBC (AirAsia) A320 - 1 unit
10/11/12: AirAsia A320 - 1 unit
10/11/12: AirAsia (Thai AirAsia) A320 - 1 unit
14/11/12: AirAsia (Indonesia AirAsia) A320 - 1 unit
14/12/12: AirAsia A320 - 1 unit
21/12/12: AirAsia (Indonesia AirAsia) A320 - 1 unit
22/12/12: AirAsia A320 - 2 units*
29/12/12: AirAsia A320 - 1 unit

Corporate Earnings Announcement on 26/02/2013

For those who believe that the 4QE2012 will be better than the previous 2011 please buy now.

While those non-believers just enjoy the show.

When buying shares, ask yourself, would you buy the whole company?

Aircraft Delivered on 4Q:-
18/10/12: AirAsia (AirAsia Japan) A320 - 1 unit
30/10/12: ICBC (AirAsia) A320 - 1 unit
10/11/12: AirAsia A320 - 1 unit
10/11/12: AirAsia (Thai AirAsia) A320 - 1 unit
14/11/12: AirAsia (Indonesia AirAsia) A320 - 1 unit
14/12/12: AirAsia A320 - 1 unit
21/12/12: AirAsia (Indonesia AirAsia) A320 - 1 unit
22/12/12: AirAsia A320 - 2 units*
29/12/12: AirAsia A320 - 1 unit

Latest on Share Price Performance: 24/02/2013

01 Month : High 2.800 (25-Jan-13) / Low 2.590 (20-Feb-13)
03 Months: High 2.990 (09-Jan-12) / Low 2.490 (21-Dec-12)
12 Months: High 3.850 (06-Jul-12) / Low 2.490 (21-Dec-12)

Will it test the support level at a year low Rm2.49? Another round of aggressive selling this week? Only time will tell, folks!

If you knew that hope and despair were paths to the same destination, which would you choose?

It’s only when the tide goes out that you learn who’s been swimming naked!

Wakakakakakakaka!!

Latest Shareholder's Interest dated 24/02/2013 1430hrs

As of 24/02/2013 - Total held by EPF: 213,776,000 = 7.69%
As of 25/09/2012 - Total held by EPF: 273,585,900 units = 9.84%

As 0f 24/02/2013 - Total held by Tune: 710,931,282 units = 25.57%
As of 24/09/2012 - Total held by Tune: 642,901,282 units = 23.14%

Folks, Tune Air has acquired a total of 44,080,000 units at an average price of 2.904 costing Rm128 million from 15 Oct 2012 till 29/01/2013.

Careful now, folks! What seems low and cheap generally goes lower.