End of May ... some big fish sold big... I dont know who he is but it happens as it is. Once sold, they accumulate back at lower price. Now , just hoping that exchange rate would improve to 3.99 , then profit would be around RM 50-60 million in Q2. It would be just fine.

Signs and indicators are imminent that oil price cannot go higher than USD 50 per barrel and this applies to high quality crude. In fact, oil rigs counts increases even when the price oil does not touch USD 50 per barrel. So , see you at USD 45 per barrel. It bodes well for AAX.

http://finance.yahoo.com/news/brent-crude-oil-stabilizes-around-50-opec-meeting-011557065--finance.html

Calvin commited TORT under cyberlaw. What we need is a police report.

DerrickInvestor : if u ask me, yes , it has hope but need to be patience.

When you talk about the whole market (not AAX), 1MDB is the culprit...when news continuously come out from WSJ, CNN, CNBC, etc etc... market wont be spirited...KLCI down, but Indon and Thai up...butttttt AAX and AA also up ... so foreigners are selling , and some of them invests in AA and AAX..... :))

Now, I see money...

My personal preference - select JV partner with airlines which are going for growth operating in China or India.. then you get demand and reduce market share of other aircraft leasing operator.

Similar when Tanjung pelepas sold some of its equity to Maersk.

So, effectively selecting J.V. partners to leasing company could benefit AA.

and Evergreen move its cargo from Singapore to Malaysia...

sokdotcom : AA not split but sell 30% of it. 70% still with AA, controlling shareholder. AAX got no benefit or losses from it. Perhaps TF and Datuk Kama want to pare down their risk. Leasing is the highest risk. If AA and AAX do not want to lease from that leasing company , can lease from other company that give cheaper cost.

Selling out stake to good partners are strategic move. Example, when MMC sold 30 % of its Tanjung Pelepas equity to Evergreen

YL : Financially, it is still good. From 8 Q of losses to 2 Q of profits. But, I cant read human behaviour behind the stock movement.

Ngch: shares has corrected by more than 10%. It is time for them to re-accumulate.

Yen Leng : By strategically selling portion of leasing company, AA or TF probably could profit 5-10 years ahead compared to yearly dividend payable to shareholder. It was a start-up and it is now mature for business.

Yen leng : AA wants to sell 30% of its leasing company. It is not related to AAX. If I am AA owner, I would sell if I am confident the new partner could bring in at least 31% of profit in future quarters.

So, I make it short... Ngch: I am a long term share holder. I am holding.

I dont know why I cant post previously.

Test

AAX director - KM bought AAX-WA at 0.29 last Friday. Dont want to jump in the boat ?

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5107469

Took profit 2.49 @ 10% , thanks TF and KM for giving this opportunities.

rMoi : Speaking on behalf of TF or on behalf of shareholder of AA ?

Frankly, my current weightage of portfolio has shifted to AA since last Friday, staggeredly I bought even though until RM 2.30... but as an investor of both counters, I have the right to ask, would prefer to be seen a clown now than being seen a clown in term of investment profitability.

you give peanuts for the monkey to get excited and take away the bananas , Rmoi ? Nice swap and exchange ..

Lulu La : TF is an accountant. If AA is the provider of maintenance and leaser of airplances to AAX , then things can be manipulated there. It is legal. But as I said , the board is answerable to the investors. The management is answerable to the board

I have promoted AAX share based on some predictive modeling, only two came quite close (1) Revenue and (2) Forex gain.

The model states that in combined, fuel expenses, maintenance charges and lease cost should be down further by around 100 million. So, I am just exercising my right as investor to know why those above AA charges is lower than AAX especially when AA is 3-4 times bigger than AAX, and my model shown that AAX cost should by right be lower .... :)))

We are investors - the board are answerable to investors.

TF and KM are answerable to investors. If anyone meet them, please ask :

(1) Why maintenance charges for AAX is 162 million whereas maintenance charges for AA is 60 million. Why a big difference in 100 million when obviously AA uses more airplanes and therefore travel more km , depart and landed more than AAX and hence AA need more maintenance than AAX ?

(2) Why lease charge for AAX is 206 million whereas lease charge for AA is 111 million , when AA lease more airplanes than AAX ?

(3) Is there any evidence of AAX being short-handed by AA ?

Now, ladies and gentlemen, the two persons that could create the fundamentals that would move either AAX or AA share price goes up or down are TF and KM. Please everyone send emails to them , tweet them and ask them about this.

nekosaan is going against the director.

Currently BB is still in AA. Be patient until AA excitement slow down. Kaipeng : I still hold AAX, no need to move out AA that I bought today at 2.24 and buy AAX.

dumb dumb hold !!! cheers to you Ricky Kiat

Look at the number of transactions - 5649 transactions till now.

Jeffyap : I have load off AA previously and just repurchase again.....my porfolio in 2016 has reached more than 200% .. thanks to aax and aax-wa.

Only TF can give green light for AAX to fly. At the moment, the indicator is AA.

Lol Icon ... I bought some at 224 this morning and still holding tight.

congratulations Icon8888 , dont hibernate .... go to another adventure after this. The big question - what is next ?

ima , aax osoi desu ...hayakusuru , nihon jin aax tsukaimasu.

Toruhikaru : If more Japanese come to Malaysia for holiday, AAX will move like a flying star.

AAX will be the follower for the moment, when the interest in AA slowing down AAX will move.

I am not sure. That AA phenomenal profit which I hope to see in AAX in the first place ; ensure big interest in AA. It is TF and Kamarudin plan. They bought placement 1billion in AA and they want to ensure that their investment is worthwhile. " Why profit only 200 million if can profit more than 600 million from placement " ... I have not got that thought from the first place because AA is too big and was too slow for my liking but you see the movement today .... the sharks are biting when people throw down !

anyway , as long as I or we , the small fishes, can make some little profit, it is ok

Really JJChan ? Sometimes I feel I want to whack the people who pre-plan AA and AAX movement ... lol.

lucky I got a piece of action in AA, jumped in at 2.24 ! Should follow JJChan buy at 2.12 yesterday.

With that type of profit, focus now on AA. I wish I had entered more earlier. AAX will have to play follower.

calvintaneng is a liar ! Check AAX debt is only 1 billiopn.

if tomorrow sharks unload aax shares again like a few days ago... no small fish will be brave enough to enter even how good the profit show in Q2. The movement in tgw first few minutes was good but the unloader spoilt the mood., I am considering to move to AA counter because i got a feeling some aax profit went to aa.

Ahh sostupid , if profit margin is big for those who sells lowest price, it will survive to the expense of companies who sell high price but do not know how to control the cost.

forex loss in that sense is unrealised forex loss due to debt.

For Q22016, maintenance cost and lease cost per unit should be lesser because lease cost and maintenance cost use average forex of 4.20. Average forex for Q42015 is also around 4.20 . That is why maintenance cost and lease cost is about the same between Q12016 and Q42015 !! Current average forex is around 4.00. However, reduction of maintenance cost and lease cost would only do to offset forex loss.

I am busy today. Just chipping in. AAX is still there. Only need new investors. Some old investors given up because the result is not to what is expected. This is normal. What old investor did not understood is that Q42015 result were balloned up by tax credit, and other income. This Q12016 , the result is more credible than Q42015 even though the PAT is slightly lower. Now, how this stock is going to play remaining Q of 2016 depends on the result shown by TF, Benjamin and his gangs. We hope all go well - reduce lease cost , maintenance cost, and minimize forex loss. Topline is already excellent. Just need to work up on bottom line.

Lol ... stupid Calvin. Depreciation is meant for tax benifit. AAX gain from positive cash flow. Q1 cashflow from operation is 180 mill. If 8 quarters got this cashflow, Aax can oay all these debts.