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2017-06-07 23:21 | Report Abuse
The appointment of Idris Jala is quite good as he is a no nonsense guy. So Najib has distrusted Isa Samad and Zakaria Arshad. OK, that is good. Bring Idris in and let him sort things out.
2017-06-07 19:55 | Report Abuse
tosay aac does not move as i expect . Maybe the operator want to teach me s lesson lol . Anyway I dont have anything on contra . Everything paid.
2017-06-07 16:08 | Report Abuse
I intend to add up some more but waiting for some opportunity if it goes lower . Maybe some people play contra and they are desperate to sell today.
2017-06-06 17:10 | Report Abuse
I dont know what will happen on the price tomorrow for short term player like you. But for me, as long as it goes up till Sept/December, I will sell.
2017-06-06 17:09 | Report Abuse
AAX will move if Airasia move. Many buyer hentam Airasia price like mad at 3.30 but seller came out in numbers. I think by 5.00 pm , all seller has weakened. Buyer volume at 3.28 still strong.
2017-06-06 17:07 | Report Abuse
Very daring to play fast game like this .. hahaha.
2017-06-06 17:05 | Report Abuse
Hahahahaha.... 0.43 is seller price. Sure, you can sell ?
2017-06-06 16:39 | Report Abuse
Why not ? Best result , keep 6-12 months.
2017-06-06 12:26 | Report Abuse
Merger rumour is merger rumour . I hope it will not be privatised because I hope AAX touches RM 1.60.
Data that I have shown in my analysis is not rumours. It is actual data reported by independent party. And data does not lie.
2017-06-06 12:24 | Report Abuse
Blur2investor, i think they have it in their operating statistics , prefer to use total distance than all actual routes flown. It would be a multivariate analysis, if I could get a hand on the data.
2017-06-06 12:16 | Report Abuse
At least after written those two articles, you guys would start to understand why Warren Buffet buy airlines stocks in 2017. It is a sure bet of improving fundamental and increasing earning for year 2017.
Blog: AirAsiaX (AAX - 5238) Dependency on the movement of US Dollar. Part 1 - Forex Gain/Forex Loss.
2017-06-06 09:19 | Report Abuse
stockmanmy : I share your concern and I will go through it and address it later. My first wish 9 months ago , OPEC does not apply any cartel but they did, and AAX (Kama and Benjamin) adopted increasing market share strategy which does not bode well for profitability. They want to become market leader in the expense of profit. If I am the CEO , I would do differently. Obviously I will meet Peter Bellew and Chandran Rama Murthy to discuss the industry future.
Anyway, that is the past. What about the future ? I will do some more analysis which include time series to predict future profitability. I know two things for sure. Malaysia ringgit will improve considerably in the future. OPEC cartel has become lethargic, oil price even drop more after Qatar was dissociated by Saudi. So, looking forward, there is light at the end of the tunnel. Whether the tunnel is long or shorter, it is the market that decides. I shall analyse if profit USD 250 million or more is achievable or not. My intuition says - it is achievable. That is why I have bought and will continue buying.
Blog: AirAsiaX (AAX - 5238) Dependency on the movement of US Dollar. Part 1 - Forex Gain/Forex Loss.
2017-06-06 08:44 | Report Abuse
I have more extra bullet for Q3 .. will hentam kaw kawa... hahahahaha.
2017-06-06 08:30 | Report Abuse
Thanks Elbrutus, I am glad you like it.
2017-06-06 08:27 | Report Abuse
Next, I will do time series analysis of AAX revenue.... this evening or early next morning.
2017-06-06 07:17 | Report Abuse
Gylai, I would want to do that , I just dont have the data. If you could provide me the data, yes, I would definitely do it.
2017-06-06 06:15 | Report Abuse
Well, have a read on my second blog article.
http://klse.i3investor.com/blogs/radziarticles/124738.jsp
2017-06-06 05:07 | Report Abuse
Walla .... it goes into the headline . I will write Part 2 of it . I wonder if Muhsin from Maybank IB will read this stuff . I hope I can change his mind.
Blog: AirAsiaX (AAX - 5238) Dependency on the movement of US Dollar. Part 1 - Forex Gain/Forex Loss.
2017-06-06 05:01 | Report Abuse
Mr.Pauper, u r right. Currently RM /USD is 4.26 and looking at the trend, it is having appreciation trend, and may go to 4.20 soon, whether it could be captured within Q2 reporting time is not yet known.
Blog: AirAsiaX (AAX - 5238) Dependency on the movement of US Dollar. Part 1 - Forex Gain/Forex Loss.
2017-06-05 20:29 | Report Abuse
Equityengineer; I could do cubic, exponential, Weibull, logarithmic, and other non-linear equation.. etc. But theory does not support that relationship and data does not lie. So, I have to reject your request.
Blog: AirAsiaX (AAX - 5238) Dependency on the movement of US Dollar. Part 1 - Forex Gain/Forex Loss.
2017-06-05 19:23 | Report Abuse
Eyewitness, from a certain perspective you are correct. From my perspective, the first and easiest step is to show how currency affect forex gain/loss. If you care, to look out, AAX result in 2014/and first three quarters of 2015 and Q42016 were tanked down by forex losses.
My next analysis would be how movement of US Dollar will affect leasing cost, maintenance cost and fuel cost. Remember fuel cost constitute 30% of total AAX cost. Any favourable MYR appreciation will reduce fuel cost and increase core earning. I just hope I got the data and some brainy spark to get a good model.
2017-06-05 17:41 | Report Abuse
Going through the currency exchange rate, I just realised that my miscalculation on costs are due to currency. Leasing , Maintenance and other cost is dependent on USD. So, if currency appreciate, then we will get a better result.
Some people argued that currency gives better revenue. Comparatively, the saving in cost is more significant that increase of revenue from currency movement. So, it is better for MYR to appreciate.
2017-06-05 17:25 | Report Abuse
Acceso ooo acceso .... please rubbish me again at that link . LOL. It is as simple as ABC.
2017-06-05 17:21 | Report Abuse
I have done my first article in i3 . I am sharing it at this link.
https://klse.i3investor.com/blogs/radziarticles/124719.jsp
2017-06-05 16:42 | Report Abuse
How to link blog article to Headline above ?
2017-06-05 14:55 | Report Abuse
I will start writing blog article to show how I calculate my analysis for AAX. As a start, how I calculate forex gain or forex loss. Is it alright with you acceso ? Hahahahahahaha
2017-06-05 14:43 | Report Abuse
Wo ho ho .. USD drops some more against MYR . I think foreign fund is buying ringgit to purchase stock in Bursa. I think forex gain for Q2 would be RM 60 million when it touch 4.22.
http://www.xe.com/currencycharts/?from=USD&to=MYR
2017-06-05 13:33 | Report Abuse
I think newinvestor17 has invested in AAX. So, I would keep quiet and listen to him promoting this stock kikikikikii
2017-06-04 23:53 | Report Abuse
NI17, I told repeatedly in this forum, my horizon is 6 months - 12 months. So to say, the target may not achieve in Q2 (3 months) but may achieve in Q3 (6 months) or Q4 (9 months). If Q2 fails, I take the opportunity to add up after a sell down. If Q2 succeed, I take it as a bonus. Q12018 (12 months) I may sell parts to realise profit.
2017-06-04 21:28 | Report Abuse
Since when investing in stock market can be investigated for money laundering ? But I know people who con horses to buy when they want to sell had been widely investtigated , if not by authority , is investigated by investor committee. Similar to people who con others to sell when they want to buy lower. Do you want me to report your account to SC ?
My investment for AAX is enough for current price level, if the price falls down more. I will buy slowly in stages. That is my strategy,.
2017-06-04 20:37 | Report Abuse
I have another 500k unused, if AAX price falls to around 40 sen , i will collect more.
2017-06-04 20:36 | Report Abuse
A sifu asked all horses in the world to drink IWC pond water at RM 2.13 and RM 2.43 by saying "huat ahh" , but now all horses in the world who drank from that pond vomit blood food poosoning and some committed suicide , after this Radzi said run run sell sell , IWC is a con man counter, and soon enough that counter fallen down from 2.43 to 1.64. I hope IWC to fall to 80 sen , but i will only buy when it is 20 sen.
2017-06-04 11:36 | Report Abuse
You r quite right TC Link, I start to believe that previous meltdown was overdone. It occurs across the board - Bursa. Someone somewhere is taking profit. It happen to concurrent with a not encouraging quarter result and MacQ Call warrant expiry.
This is election year and election is not yet over. If you check the stock movement every election year, shares do go up. Regardless, the profit grow or goes down in the next quarter, this is one external factor that we do not control. If those parties decide that AAX is one of the counter to goreng for get fund to fund election, we are going for some quick money in a few great successions of up and down.
Again, I think fundamental is improving. It takes time to be factored in to the result. Horizon of 6 months - 12 months is a near possible. I would like to see those improving fundamental shown in the profit and loss account within 6 to 12 months. If the board of directors think that it cant be done due to some reasons known to themselves,. I will exit this counter. There are hundred other good counters in Bursa.
2017-06-03 23:47 | Report Abuse
Those missed the boat actually is given a second chance. 42sen is comparatively lower entry point compared to share price 1-2 weeks ago. Kenanga and MacQ together, that is why shares fell down badly, two IB pushed the price down together and gives the chance to new investors to come on board.
2017-06-03 06:45 | Report Abuse
I checked exchange rate this morning , it has improved to RM 4.26
https://www.google.com/?gws_rd=ssl#q=USD+malaysian+ringgit
2017-06-02 23:11 | Report Abuse
I have been monitoring exchange rate. I think the move towards RM4.00 per USD is imminent. Today rete is 4.28 . Crude oil price has adjusted back to 47 per barrel from around 50 per barrel. 9 months ahead (after OPEC cartel elapse , we might see between 40-45 per barrel. Long term fundamental are promising. My problem in trusting the account - will they be shown in AAX profit and loss account ? Come on TF and Kama, give the investors a break. You know how much profit deserved to be sjown at that rate and crude price !
2017-06-02 15:12 | Report Abuse
wo wo wo , it comes earlier...I guess Kenanga let it go , when price goes down, they make the hedge.
2017-06-02 08:50 | Report Abuse
When I look back the "Kingdom War" last few weeks , I start to reflect in a more broad manner why I react in that way.
Basically, it is the fact that I dont mind if people promote other profit making stock here such as Malton, Hovid or MBSB. They are nice to look at and nice to know.
But when I see characters like NewInvestors17 that promotes loss making stock such as Ablegroup, MUI and IWC, I will just feel piss-off. It is most likely that those people are not honest in term of promoting the stocks to others.
2017-06-02 08:45 | Report Abuse
If you want to buy , you buy. If you want to wait you wait. If you want to sell you just sell.
2017-06-02 08:44 | Report Abuse
accesso , buzz off go away. Bad words are not welcomed here. Only love, laughter and friendly words are welcome here.
2017-06-01 17:36 | Report Abuse
EPSB , because lack of catalyst , AAX will not drop or will not go up that much.
2017-06-01 09:46 | Report Abuse
Perhaps look towards middle of june to end of june after the dust settles. Kenanga still got Call-Warrant.
2017-06-01 08:50 | Report Abuse
For beginner like you , buy when the price is low. Then shut up for a few months, then sell after the price gone up. I am not sure whether AAX will fall again or not. But It looks very unlikely. The problem - profit does not show well. So , maybe dont buy a lot. Just 10-20% of investment portfolio is good enough. Spread your risk to somewhere else too.
2017-06-01 08:47 | Report Abuse
Hahahahahahaha , that is a very good joke gushan.
2017-06-01 08:45 | Report Abuse
The things about stock, buy when the price is low and sell when the price is high.
AAX has fallen from its high of 55 sen to 40 sen. It might fall more but the risk of falling is less. This low price of 40 sen has been existing since 6 months ago.
Cautious has said , we are not expert. Perhaps, you should not buy while he silently buying. It is up to you.
2017-06-01 08:39 | Report Abuse
AAX price will stabilize for some moment at this point. We need new catalyst or news to push thing further. MYR did appreaciate but in previous quarters , it was not factored in the financial report. What the director needs to show in financial report is good and big profit , with big EPS. Only that will entice us all to buy more of AAX.
2017-06-01 06:00 | Report Abuse
Year on year losses widen by 100%, still want to hold share in this company ? Sell sell run run... if you dont do that , sure will die one........ Oh dear.....
Stock: [FRONTKN]: FRONTKEN CORPORATION BHD
2017-06-07 23:28 | Report Abuse
How I wish , I have more cash to build a portfolio in this stock. I just look at the fundamental and I like what I see. This is a good stock.