BTW, japanese yen appreciated when Fed confirmed to maintain interest rate.

Uncertainties increased. There is a chance to buy low and sell high playing contra if you like. The risk is yours. Up to you.

Fed decision to maintain interest rates had appreciated Japanese Yen, Chinese Remimbi and Malaysian ringgit, thus causing the three countries stock exchange to trade down.

It is expected that Nikkei, Shanghai stock exchange and to lesser effect KLCI to trend down because Japan , China are the home to some of the largest manufacturers in the world. An increase of their currency would make their product less attractive in term of competitive pricing and will affect the financial performance of manufacturer exporter.

Would expect with this decision, for Q2 2016 - avoid manufacturing and agriculture sector. They have downward pressure on revenue.

AAX ? It would benefit more from the appreciation of MYR as it's 1.4billion loan is denominated in USD. So buy on weakness.

when you get to see the result more than RM 500 million, then it will fly to RM 1.00 in no time.

aax Q1 makes profit is 100% confirmed,,. The golden question is will it make more than RM500 million profit in Q1. I think , 500 million is not far to be fetched.

public resarch forgot to account exchange rates in their report. So there are still upside potential.

wanna know what basis they derive their opinion. Public Invest Research seem has left one big influencing factor out of their analysis.

where is the link goldenshare ?

institution will pick up when retailers throw.

result would be very good....dont worry

if increase , market will up too because today sell-off is an over-reaction.

Ikan bilis dare not buy but institution will buy because they know how to manipulate it.

So my friend, in the era of increasing US interest rates - avoid banking sector.

Banking sector will be affected. Banks borrow money from outside Malaysia to lend it to their customers in Malaysia. If they borrow from US and the loan they charge to their customer has interest rate less than the rate they have to pay to the US lenders, then they will get deficit. Remember 1997 ? Thailand banks went bankrupt and triggered the currency crisis in South East Asia.

short term...as long as the US interest rates does not goes to a value like 10%.

FOMC meeting will be conducted to decide on interest rate. I think the sharks knows this event going to be conducted . And they take chances to sell-off their stocks with respect to the coming event and at the same time this would trigger panic selling in the market and they can buy back at lower price.

So now, what is the effect of FOMC ? It will decide the next few months interest rates by the Fed of USA. It had been likely that Fed would increase the interest rates. They have just came out of the sub-prime crisis and during the crisis Fed has decided that the discount rate to be zero to facilitates for their economy to recover. Now, with the growth had been coming in the USA, they are going to use interest rate tools to normalize the discount rate and reduce "bubbles".

Higher interest rates effect ? Commodities prices going down. US dollar may go up. Affected sectors - banking, plantations.

I did some correlation studies between interest rates and stock market index. In a series of interest rates movement going up, stock market would be down a little and then shoot back up. This trend is repeated in the whole course of events where interest rate was increased by the Fed. So, we conclude that there is a positive correlation between interest rates and stock market index. This correlation stay true until a time where interest rates is move to an abnormal high range.

What is the effect of interest rates on bond. Interest rates and bond has an inverse relationship.
Meaning that when interest rates moves up, bond prices goes down so that the yield will match the interest rates decided by Fed.

Malaysia is distinct from USA. Every movement by US Fed will not be imitated by Bank Negara unless there is a reason why they need to do so. If you have chances to buy, buy staggeredly. Dont let the sharks get all the low price share.

foreign investors.

Big sharks dumped globetronics 1-2 days ago. And they got UMA. Now everything is dropping.

1MDB has a crisis of confidence. They need to close shop.

Near time to top-up again...Where is sayakamiyuki ? He asked people to buy at 0.39 for him to sell at that price ?

20 points off Bursa is quite steep. Something big may have caused it. Read about globetronics and other computer chip makers sudden pull-out price down yesterday.

Najib going to be charged ?

This is quite a big correction, not only for AAX but for the market as a whole. What causing it ye ?

Major correction normally around 20% and for AAX worst price would be 0.32 sen.

you have till 2020 to convert aax-wa to aax.

Clue - for this year, khazanah has been investing on sectors that benefit from lower commodities prices a d increasing malaysia ringgit value like TNB. I think they still have minimal exposure on AAX.

This year is the Malaysian airline year. Fortunately, we can participate in AAX.

For AAX and AA, price rises after every uncertainties is quelled. Two Fridays previously, announcement delayed after 5pm and price moves up on Monday for one straight week. One of the days is when aax-wa shoots from 7 sen to 19 sen.

uncertainties yes, high probability director will not sell aax. TF claimed that aax is the most undervalued airline in the world. So, he wont sell aax.

Announcement of dealing creates excitement and fear - uncertainties. Directors may buy or may sell or may do nothing. We don't know. The public upon seeing this situation are segmented to two types. Those who want to take profit (in anticipation director will sell) or those who wants to hold on to their investment in anticipation directors will buy and results shows good performance. The third scenario, despite announcing their intention to deal in the market, they did nothing. Hence, share price movement depends on the buyers and sellers on the market independent of director action.

hope valuecap will enter

Marketed axx to new people that share common ground. Price would be supported.

Of course .... you can calculate it from secondary data

congratulations to everyone who has stayed all along.....Future is bright. and we have done quite a jimourney since a few months ago.

sayakamiyuki is an example of what a person say does not necessarily mean what he will do. He condemns aax when price is low and bought when price is 9 cents higher Welcome onboard and relax when there is turbulence. The plane is moving higher.

Sitting back, relaxing and enjoying the conversation.... I dont know where sayakamiyuki is hiding now ... LOL

Jeht - thanks. :))) Great to know that TF admit AAX is the most undervalued airline in the world !!!

investo, weather is fine :) warmer nowadays. Wah... you sound like a British, talking in Malay.

Investo , just to be responsible ... "not everyone will arrive at the destination safe and sound". Do have a pleasant journey on-board.

just buy investo. make sure you have cash.

warrant is riskier - high risk high gain but you see it trending up.

investo - of course boleh beli - but beware if you play contra you need to see how terrible the market kill the psychology of contra players on Monday. It can happen anytime and you would want to be the last person to get that trauma....so do take care.

good morning Yen Leng. Luck do smile on us :)

I have something to say.

(1) Those who follows jjchan, OrangKuat and my recommendation to invest in AAX since January should have made around 80% of return by now.

(2) I would not say about the return on AAX-WA,which is much-much bigger than that.

(3) Not time to sell yet.

(4) If anyone such as sayakamiyuki try to dissuade you, nothing can go wrong if you follow Statement (1) and statement (2), statement (3) with one condition - no contra. Long-term : green.

CEO Mueller exited MAS. MAS turnaround plan would be slowed by change in management team. Positive news for AAX.

maybe the syndicate behind aax-wa , aax and airasia is same with syndicate behind eka. Eka got uma, and does this affect aax-wa and aax ?

i dont know. Human behind this mess. Long term - green.

Wah....what a mess this afternoon trade was. Flush out contra players ? At least AAX still hold and there is still support. I am still holding to my shares.

mothershare value quite high.... aax is catching up with mothershare. Mothershare went up from 70cents to 210 cents (200% increase). aax at lowest last year was 15cents , barely 100% increase.

Two advice for everyone in this forum :
1) Follow JJchan you will never die
2) Remember what OrangKuat and I said in item One

actually airbus can take 377 passengers. At 87% capacity , and average ticket from TAAX to China as RM 600, the revenue per flight is around RM 187K. 4 flights a day, 365 days a year, annual revenue = RM287 million. Operating cost plus depreciation is 80% of revenue, hence net profit is around RM57 million. That is why AAX needs new olane - for growth and profitability. If AAX dont grow , other airlines will dominate the Asia market.