Yes, already expected as I noted earlier. Nothing surprise.

couple more weeks QR will reveal...sit back n relax

today is more for accumulation since can get slightly cheaper. Those that margin call due today seems not so positive base on hourly chart.

hope the green index can help reverse or neutralize the current trend back to open price. then more upward bias for today's closing. Otherwise will be flat closing or slightly red. Anyway just daily fluctuation after a great run couple of days earlier.

Seem like significant breakout may happen today. Gap down or up have to see...

Good news...IPIC made the $52.4m for the 1MDB. No default. KLSE index should continue to rise if no other bad factors crop up.

Hulk, Hevea GM had clarified all allegations and rumors in BFM interview last month. You can hear the interview here:

http://www.bfm.my/bg-yoong-hau-chun-heveaboard-assembling-a-better-future.html

Also the prospects for higher demand and the next QR will see the positive result mentioned by the GM. Numbers in the next QR result will speak louder than anything else.

Cheers.

sorry..10sen lower chances, few sen fluctuation down is more likely looking at today's performance.

rookie95, nobody have crystal ball.....it may as 5sen can occur as daily fluctuation. But majority ppl here is hoping for AAB counter to go up steadily overall.

Posted by meathere > May 9, 2016 03:17 PM | Report Abuse X

lol...he/she any price also not right and say will drop lar to 1.80, 1.90, lar etc...does it matter NOW if you have bought during 1.60 to 1.70 time?

Sign,
Again same excuse? You will never own any AAB stock lar like that....after we all earned enough we sell to you.

lol...he/she any price also not right and say will drop lar to 1.80, 1.90, lar etc...does it matter NOW if you have bought during 1.60 to 1.70 time?

TF n geng own much more now, is to their advantage to prop up the share price now. Also good mgt of company, increase profitability and to bring to the next leval (expansion to Thailand, Japan, China, etc) is always good for business and to owners in long term.

Plus the next QR will be good, so what else to expect the share price to go from here. Just think about it logically. TF n geng sure take this opportunity to gain big and we should ride the wave by timing AA counters wisely as well.

Cheers.

Gosh, is Friday night. Don't you all go enjoy n relax instead of bashing each other here. All the money earned also no use. Why so bothered in forum who make or loose money. If you followed someone from forum n lost money, is YOU the one at fault. NOBODY force you to follow.

Pls OWN up to your OWN actions. Happy weekend.

Peace. Cheers.

Well, carry on to dream big. IS FRIDAY....We will see what drama on Monday...those that wanted to collect at 1.80 haihhhh don't know what to say...if bought at 1.90 also already paper profit... then again this is investment (& some gamble using margin).Never say never. C you all Monday.

Cheers.

Over 30 percent of today's buyers are 1000 lot and higher. Not your normal small retail buyers.

There's only so much TF & geng can or will do. The market interest and the hi volume involved for AAB trading is not something easily to be manipulated.

Already 39m traded, so there are bigger pictures for today's demand than meet the eyes and what we thought will be after the EGM. Big players will not simply buy....

Cheers.

Paperplane, you disappointed them looking forward for you to serve them in AirAsia flight.

All wishful thinking. TF or any other owner/top management who hold own company shares in practicality and REALITY knows they sell or accumulate for other 'bigger reasons' and never what your wishful thinking.

Then again, today is TGIF, some wishful thinking to 'feel good' I guess is okay.

Cheers.

Owners are businessmen, why would they want to restrict themselves to dispose their shares as they deem fit for whatever reasons like liquidation, cash turnaround, to prop shares movements, own PROFIT, etc?

As an investor, you can't expect top managements to put 'red carpet' leading you to make easy profit. You can only expect them to do their fiduciary responsibilities as top management to the company/interest of the shareholders. Having said that, many owners/top managements do not put shareholders interest at heart, but lining their own pockets. AAB is considered well managed and it resulted them to where they are now including the best low cost airline in the world for 7 years.

Not happy with AAB? There are over 700 counters in Bursa, you can choose whichever counter YOU deem best to invest your hard earned money or some here boasted easy money. Enough said.

Cheers.

Clear contra players and those that get stomach this consolidation range.

antidebt, last time you said AA will turn to like MAS and become PN17....AA now is one of asia best budget airline. What happened?

Other ppl mistakes, our gains...don't worry so many ppl sell & buy for AAB counter; no need to have hard feeling or sour grape if YOUR decision is wrong. Investing in stock is no 100% accurate no matter how good you are because you can't control external factors or sentiments.
Have fun.....

Cheers.

Other ppl panic sell, we buy more when is bottoming out. Will watch the chart when to collect more IF got panic selling tomorrow.

Cheers.

Not just bursa down, whole Asian market got hit.

If you see the weekly chart pattern, the uptrend remain intact. As mentioned yesterday, there always few sen up down called 'daily fluctuation'. As long as the overall uptrend is intact I am not worried. I think you either a 2-3 sen hourly/daily contra players hence very easily panic with 'daily fluctuation'.

A word of advice, AAB counter is not suitable for hourly/daily traders unless you can pick up knee jerk reaction sell down like 2 days ago and sell for 10 sen profit yesterday. Otherwise pick a more suitable counter for hourly/daily trading. Ask sifus here, how many will really recommend AAB as a hourly/daily contra players? Firstly the hourly fluctuation is not enough meat to pick, secondly is a 2.00 range counter; are you using 200k-300k for your daily trading?

For now I will hold my position but I will not add a lot more today unless major sell down for me to collect more cheaply but is unlikely event there will be major sell down of more than 15 sen.

As of now, today's chart projection is positive, is not very bullish but your call to sell is really not supported by the chart. So either your xxxhouse is not teaching you correctly or you don't know how to read the chart.

Other counters up or not is irrelevant here, or who claimed this n that is their opinion. If you scared or no confident with AAB, nobody pointing a gun to head to buy or sell. What is your motive keep telling ppl with your unsupported claim ,mrcbb?

M'sia shares sentiments in general are good today with the new bank governor appointment and good US index closure overnight. Good sign overall, so majority counters will continue to improve.

mrcbb....unfounded statement with no reason no matter how many times repeated is still not gospel of truth. Is still a 'myth'...an urban legend.

If AAB Q1 profit is base on fuel cost US$54, is very good since Q4 high profit is base on US$75. All other factors like sales, revenue, other costs remain pretty much same, AAB Q1 result should also be very exciting. Don't see any big threat or major reason for the share price to be pressed down. Those who think negatively on AAB price going forward don't give any substantial reason also. Don't talk about daily fluctuation....

Daily fluctuation is normal. Take into consideration the Malaysia market sentiments, regional, and world market. More than 10 sen up in a day people here don't give any reason (if there is any valid one); but if few sen drop all panic, why? Is called daily fluctuation.

Than, all this news on PP, 9th May RM1.84, pls get you fact right. Don't confuse with daily price fluctuation and assume someone/institution to press down to the RM1.84. First there no concentrate evidence of PP taking place and TF already came out to clarify no PP,

Second, the RM1.84 is to inject 1b to AAB thru placement exercise with 559 millions new shares - yes, this move IF approve by shareholders in the 9th May EGM will dilute current shares hold by shareholders, but there are advantages to AAB as I mentioned in my write-up last week. And please get your fact right, the 559 millions shares will be owned by the both founders, BUT is still shy of the 33% MGO threshold....so why all the people here talk about PP?

Get you fact right, don't talk price up or down base on nothing. Btw, last Q4 huge jump in net profit of over 550m is base on oil price of US$95 per barrel drop to US$75 per barrel. So, what do you think Q1 result will be then with the even lower fuel price, high demand sales in Q1...numbers talk....NOT baseless assumptions.

Cheers.

Too many assumptions here, founders to press down price for pp, founders lost confident and sell down, founders out to make some quick bucks, next Q maybe making losses.......yes all these are possible.....BUT:

1) what are the chances these are true (if any) - what is the percentage?

2) if any of it is true, how much the impact on the long term price of AAB shares?

Versus:

1) Very high chance Q1 result will be good base on the demand, sales, oil price, exchange rate all factored in - only how much will be the increase since Q4 will be the million dollars questions.

2) The 1b injection will reduce AAB debt and interest financing, decrease AAB PE ratio, and increase capex - all which are good for long term investing.

Then again if your T+3, T+10, or what ever your margin call is due today or tomorrow....pls continue to panic. Fully understand your situation.

Cheers.

Cannot blame the majority contra players or ppl want to make fast bucks here; so hourly or day consolidation of few sens already panic. If you bought in AAB since 1.60-1.80 range not long ago, will you panic now or just relax till next month for the Q1 result for a possible at least 2.50-3.00?

Just like last week fell to 2.02 on Doha outcome knee-jerk reaction, the next few days back up to 2.17. Chart wise as of now the uptrend is still intact. Now just consolidating due to all the knee-jerk sellers. Will see what happened in next 1-2 days. Just read the chart carefully. Cheers. Post again when is back to uptrending price again :) Cheers.

kai899, pls don't post your bickering with other forum users here anymore. If not we will flag you as spammer.

Yes, pls don't spam and do your bickering here on who try to con who at which forum, etc.

Everyone just refrain from posting non-value, unproductive, small talk, or non-related comments than the forum will be more peaceful and less attacks.

Buy, sell, or hold the final choice is the investors/players decision. In general one should take forum's buy/sell calls with a pinch of salt especially no concrete theory/evidence as to their calls.

Actually the way I see forum postings should NOT advocate any buy/sell/hold calls at all. Share your deductions with evidence or theory, or share related news, share about financial analyst reports, etc.

Just my 2 cents.

Today did not break any support. No free fall price after the morning knee-jerk reaction. The bursa index retracted to the Doha outcome so as many other regional market sentiments. Big majority counters are down today as well.

That is the advantage of buying solid counters like AA where the company's fundamentals are strong and resilient.

Lower oil price will cut AA's operation cost lower and with its practice of not hedging much of oil price, which is a major operation cost component actually put AA at a more advantage when the oil price is lower. Having said that, is a double edge strategy. The 1st quarter already closed and last 6-9 months the oil price was low as well, this and other factors like high demand (CNY), etc are the reason why analysts expect a good 1st quarter result as per the 4th quarter result.

Again, if no unexpected major events, we can expect more positive outcome for AA in coming weeks and months.

quote.......But I was never worried about the stock price as what goes down must go up. This is a good company, solid, and the best way to answer all this is with the results. We delivered profits in the fourth quarter and we are looking forward to delivering them in the first quarter of this year.

http://www.thestar.com.my/business/business-news/2016/04/09/ceo-on-airasias-direction-ahead/

Buy/sell or hold is our choice.....make or lose money is the outcome of our chosen choice, so why these ppl so determined we follow their ill informed choice? Why, what is the motive behind their call regardless whether to sell, buy or hold...one wonders don't you?

Until now all analysts predicted will be way above 2.00 base on the quarterly result, company's good management, track record, direction, exchange rate, oil price (now and future), expansion plan, etc. Until something significant event or events that can tilt the outcome, is pretty much what it is. Always there risks in investment, but this is a solid company with track record and performance. The risks are within bound.

Joke of the year.....If just can base on an article about KL airport route get more competitive you need to change your buy/sell call of a share counter, you should not buy the share at all, actually should not be listed in the first place; and all financial analysts graduated from secondary school already more than qualified - as long can read the article is sufficient already.

Don't bother all these nonsense......those entered earlier especially below 1.80 time still laughing n put more buy queue for AA now...all jealous do not have the chance or capability to buy n hold when is 1.60-1.80 range.

All these knee-jerk reaction just noise only....long term and non-contra players don't care all these few sens up n down. Ppl already in when is 1.60-1.80 range, so what is a few sen of knee-jerk reaction?

All these ppl interpret the news inaccurately and do not know exactly how it will impact the company as a whole and to the shares price...n spread all unfounded theory.

the Star article is about approval given from SC for additional shares issue to raise money for further expansion...financial analysts welcome the move to raise additional money. Is NOT about private placement.