Abilakh and Jaya are both back on the same day. At the same time. Can't be clearer than that.

Garuda and Lion Air are damn dirty. And yet no actions by the Indonesian government due to their lobbying and pressure group. Next election coming real soon. It can go either way -- worse than now, or clamp down on their cartel dirty tactics.

Someone teach me how to report please. I don't see any report button here.

Haha fraudster is back. I didn't report you thank you. Not that free. It's been great with you gone through.

Twitter update:

@tonyfernandes 2h
Hotel sales on http://airasia.com increased 300 percent last week. This is going to grow along with activities

We have a much more powerful database and better knowledge of our customers than OTA. In time http://airasia.com will be a big OTA.

On top @airasiabig loyalty points will drive more people to our platform http://airasia.com . #morethananairline.

Airasia.com will be formed as a new company under Red beat Inc.

Soon you will see other airlines selling their flights on http://airasia.com

Airasia .com is the strongest platform in asean. No OTA or lifestyle app can match us. With payment ,loyalty points, a huge database and unique and great content we will be a force.

It’s all about timing and now is the time when all asean airasia airlines are doing well. In due course http://airasia.com will generate as much GMV from non airasia tickets as it does from selling airasia flight tickets. http://Airasia.com GMV is 4 billion USS dollars

@tonyfernandes 2h
We have a much more powerful database and better knowledge of our customers than OTA. In time http://airasia.com will be a big OTA.

#####
OTA = online travel agency

Btw kinda tempted wanna buy Genting Singapore but the price seems to be stuck. Didn't even move much for the past few weeks since results announcement. Profit up but price stagnant.

I've seen the ups and downs. Not worth chasing as eventually it will come down again.

I held it since 2015-16 about there. Sold 2/3 of my holdings after the horrendous Q4. And Tony gave peanutes special dividend then use most of the money to pump into venture fund. Venture fund is like throw free money into startups that 9/10 will fail within a few years.

Jet fuel kinda hard to say. He already hedged almost half moving forward around $50-60 per barrel. I don't like because of the leasing model. Sell planes then lease back is good to remove the depreciation of assets and impairments. But we don't know much about the leasing rates. Might be good for first few years then suddenly become damn expensive who knows. Too much uncertainties. I'd stay away for now.

As I hold AirAsia as well, I prefer Hokkaido since AAX flies there. But then Nagoya (AA Japan base) is in the middle for the distance between Yokohama and Osaka.

No details yet on scale.

Geographically, Yokohama is just slightly south of Tokyo. There's a huge Chinatown there too. It's within the Greater Tokyo area.

On the other hand, Osaka is excellent for its proximity to the major tourist area of Kyoto and Nara. And there's a huge Kansai airport there too.

Hokkaido is too far north but the island is the 3rd largest in Japan, and is a hotbed for tourism as well.

All three are good locations. Hopefully, Japan will approve all four three (not fixed yet) so that bidding can start.

I believe Genting is prioritising Osaka. Not sure about the second, maybe Yokohama. I think very likely will get one out of three too.

For Johotin, try go to the Johotin page. Lots of discussions there.

The one I mentioned was Johotin. The majority of its business is now in dairy products. Originally tin, but the company diversified and moved towards consumer goods. Other companies in the same category all are already massive giants. No point looking.

Vitrox is already too expensive. I saw it when it's about 3++. That also I wasn't that convinced. Mana tau fly until so high. If the next mega financial crash happens, this might be one of my main targets.

Johotin is also being recommended by Cold Eyes, the investment guru that only publishes in chinese. If drop abit can consider. I'm waiting for it to dip abit. These few days a little bit hot. Waiting for it to cool down abit.

Saya mau. Esp around 3.3x range. Worth buying really. Oversold. GenM won't die so easily as it's a money making machine, UNLESS that is, if PAS takes over federal government in the next GE. That one gonna be a major catastrophe as Heineken, Carsberg, Bejaya Toto and the rest will kena along.

O&G is oil and gas. Malaysian tech companies are mostly chip and part makers, which are the lesser ones in the global supply chain. Usually tech companies carry overly high valuations (too expensive), and is quite cyclical depending on phones and devices release cycle.

Example, Apple launches an iPhone range models once a year. Samsung launches its S and Note flagships twice a year (Feb-Mar and Aug-Sep), and so on as example.

Most tech companies that are reliant on Apple and the smartphone industry are experiencing heavy losses and plunges in the HK, China and Taiwanese stock exchanges.
https://www.theinformation.com/articles/as-apple-sales-slow-suppliers-struggle-reliance-on-china-grows.

One good Malaysian that stock that I love is Vitrox. Too bad it's already expensive. Saw it many years ago when it was cheap. Didn't commit back then and now it's a giant.

#####

As for consumer companies, most of them are among the largest market caps in KLSE. Example. Nestle, Carsberg, Heineken, Ajinomoto, F&N (used to be) etc.

Extremely expensive but excellent dividends. All are money making machines.

One gem that I have invested in (not a recommendation) is Johotin. Still a tiny company with huge growth potential. Don't let the name mislead you as the majority of its business is now in dairy products. Mostly export to overseas markets, and rarely compete head on with the huge brands.

Do not follow my words for those mentioned above. Do you own research and evaluate the risk, pros and cons before making your decision.

Yeah I admit that. Because it was just a bet for the Q results. I'm not too familiar with gloves that's why I believe I might as well just take out and go into the ones that I'm more familiar with.

For me, I don't like O&G, tech (my background is tech) and plantation. I'm highly interested in banks, gaming (gambling) and consumer goods (FMCG).

I used to love airlines (AirAsia) and telcos (Digi, and upcoming IPO of U Mobile). Not so much in AA because of the uncontrollable rising cost risk of leasing model, and for telco -- the billions of RM worth of upcoming spending for 5G infrastructure.

Got caught in the downselling of Astro after GE14 but it's still a solid money maker with GoShop and local box office production.

NagaCorp is an interesting bet if you are into high risk, as it's casino in Vladivostok (Russia's far east) is set to be completed sometime next year (next to Jilin and Heilongjiang provinces).

There also a possible venture into Australia's north east with a casino there too. It's hitting the places that Genting aren't there.

Overcapacity seems to be a huge concern. All the big four are ramping up production massively. Hopefully demand will increase exponentially too with diseases, and most importantly, need to penetrate deeper into China.

Similarly, Genting (Malaysia) is being cannibalised by Genting Singapore in attracting the high rollers and extremely rich clients. There's also an increasing threat by Malaysian owned Naga Corp (listed in HK) that runs casinos in Cambodia, which is much nearer geographically to China.

Vietnam is also a hotbed for casinos, all chasing the declining spending power of the ultra rich of China.

I just bought Top Glove few days before the result but sold off. Wrong move as I was too tempted. Shouldn't have touched rubber now as overcapacity, power and water rates hike, and then the bosses also kena scammed into buying Aspion at overpriced levels. Not advisable fundamentally.

Too many scammers here on i3 especially in AirAsia i3 forum page. Kept using clone accounts and together cause panic or too much hope on certain stocks. And kept harassing people that pointed out their lies. At least it's better here.

Prudentinvestor, can you share the link? I checked on Bursa and on my web browser client but tak jumpa.

If you risk appetite is high, consider looking at Hong Kong. If the next China crash or mega financial crash happens, aim the big four banks -- ICBC, CCB, Bank of China and ABC. I'm holding three of them. Got them cheap many years back. Still in green even during the recent China crash.

Day trade is high risk, high return. You lose some you win some. Not my kinda thing though. When I first started many years back, I bought lots of goreng stocks. Weren't pretty in the end. Graduated to solid fundamentals and hard hit bargains. With solid dividends too.

Saw Ajinomoto, Panasonic, Public Bank, Aeon Credit and many more much cheaper about 4-5 years ago. Didn't buy. All flew until no eye see. And most of my goreng ones all have to cut loss. Learned the lesson not to trust hearsay and rumours. Always do your own research and don't be greedy.

I'm a newbie as well. Been trying to learn more daily instead of claiming myself as a pro or old timer. Been trying to be rationale on AirAsia i3 forum page but kept getting accused for being smart ass.

I do agree that Genting is really undervalued. I was suspecting foreign selling as the main reason. But then it's hard to find out. Been looking around but nothing came about. The institutions with significant portions of holdings don't seem to update any of their movements. Which might mean retail ones are selling.

Open Youtube, and search for Howard Marks. Listen to his speeches on CNBC, and other big US media. He's the one who predicted the 2008 crash. Listen to his arguments on why he asked people to be caution now. Don't need to run now, just play safe first. If it's really a mega crash, sell. Don't keep. At least the fall won't be as bad (I believe as the goreng penny stocks with no fundamentals).

People now would rather chase O&G for fast, instant gain. I'd rather not as I believe the rush now is unsustainable and further egged by old man KYY.

He kept asking people to buy because he wants to share wealth with all investors. But then when such people start selling, they won't tell you until a day or two or more later. Which might already be too late to run.

I'd rather play safe now, especially with the high possibility of global market crash this year or next. My risk appetite is too low and I don't day-trade. I find cheap bargains (with solid fundamentals) and go long.

I have 5 lot of Genting and 2 lot of GenM. I was reshuffling my portfolio after selling AA. Parking the proceeds in these two and RHB. I might buy more, just that I'm waiting for the price to fall.

Don't follow me if you wanna buy. I believe Genting and GenM are experiencing oversold. I believe the price is good now. I'm just taking chances that both might go lower. I usually queue at the day-low, or the bottom resistance 1. If dapat then I'm lucky. If not then I don't mind because I'm not that desperate yet to chase. Just taking my time since the next Q is far away.

Hard. If another rate hike that Trump wants, happens. More outflow gonna continue.

Late 2018? It's 2019. Source?

Yeah of course. Just that I'm parking right now. Take cash when possible. Parking in stable ones and blue chips is much better than chasing the O&G rush now that is going against fundamentals. Lots of people gonna get burned with O&G being so carried away.

Lol tempted but still holding onto my guns. Still a long way to next quarter. Waiting for the temporary plunge after the buyback stops. Hopefully there's a plunge lah. I'm actually realigning my portfolio to increase my cash in hand (slowly to 30%), and move to safe stocks instead of goreng ones (Genting, GenM, RHB) while cutting more on AirAsia.

Slowly preparing for once-in-a-10-year market mega crash. It's now 11-12 years since 2007-08. And 22 years since the 1997 financial crisis.

I added one lot at 6.9. Waiting for it to go lower than that in the coming days. For me, I catch tiny bits on the way down, only when significant drop happens.

Sorry. About the foreign selling, I actually meant that foreign funds and retail investors outflow have been happening for months across board in Bursa, mainly due to the multiple rate hikes in the US.

And Genting, being heavily exposed to foreign holdings MIGHT be one of the hard hit ones. No blank and white though. Just my observation. No movement so far from directors and local major shareholders.

Btw The Edge cover story a few weeks back did mention this:

“We have always liked Genting in terms of its PER (price-earnings ratio). It is cheaper than Genting Malaysia and Genting Singapore and, to a certain extent, because of the foreign shareholding of more than 43%,” Maybank IB Research analyst Samuel Yin Shao Yang tells The Edge over the phone.

https://www.theedgemarkets.com/article/cover-story-which-genting-stock-better-bet

Just checked. We are looking at it wrongly. It's the total from 5th to 18th March. Not only for today.

05-Mar-2019 18-Mar-2019 Buyback 11,750,000 3.370 3.450

Wow another round of buy back. This time 11,750,000. If you compare that to the buyback history, that's really HUGE.

Genting has a large exposure to foreign investors. Most probably foreign selling is still going on.

Hashaha I like this.

"Buying sin stock is not sin. Stealing another person's wife is sin."

Who knows mana tau old man kyy started to diam2 accumulate.

Gathering more cash waiting to enter. Not sure when exactly to catch the falling knife.

No cerita. Fundamentally strong. Excellent growth potential.

Management should have supported Genting the mother too. Too bad it's not doing so. Worse hit than GenM.

Thanks. Just cancelled my queue. It's on a downtrend. Thought can catch a falling knife today. Might as well wait more then.

RHB is going crazy. Hit 5.94 all the way up after Aabar's sale.

Good to teach the conman a lesson. But then the management is also not honest -- look at The Star's case.

It's all the way down again. Dying company. Might end up like Bumi Armada.

I'm surprised that Genting is tanking while GenM is holding on steady.

Another share buy back announcement. Not bad.