Netx will reach 2 sen before it bounce back

pekida - dont ask me. Ask the CEO and board

sincerely, i have doubt. The company wants public fund, so they issue shares...Profit is negative last quarter.... so who wants to buy ?If profit is negative and they use derivative in the profit and loss statement, , the risk is big. Cambodia also does not translate into profit last quarter. Put one Korean/Japanese - Masayoshi Son and me on the board, the company will f
grow profitably.

Pekida ... Netx needs this kind of news to spike up the share price

http://www.theedgemarkets.com/article/airasia-x-set-become-biggest-tenant-melbournes-avalon-airport

However the CEO does not want to do it because he is afraid that if Fintec exercise the warrant, then NEtx share will dilute.

What the point of offering a lot of shares just to get public money in your coffer but doing no additional business that can bring value to NEtx.

AAX is the future. And the future is now.

Tony the mastermind.....what ever I say, he will over-write. But if I can advice, I know a very good fintec software to do which can add additional marketing dimension for AAX , hahahaha .. i would be the first in Malaysia if he could think about this... Even Alibaba also cant imagine this fintec idea.

Why suddenly shoot up ?

(1) War risk removed when US starts to talk with North Korea.
(2) Oil price cant move further. It is too heavy as US increased production and becoming World number 1 oil producer.
(3) Airasia leasing company sold - removes a big amount of liability from Airasia balance sheet. So , Tony will not squeeze AAX to show good profit for AirAsia.
(4) Tony returned all international flight more than 4 hours to AAX. Less competition, higher ticket price per passenger.
(5) Sold lease company - means that TF is less pressured to show good profit at AirAsia in order to ensure the sell go through. (Show good profit at Airasia may mean less profit in AAX as accounting game plays)
(6) Tony Fernandes promised 2018 will be the year of AAX.
(7) 39 sen is a very low value for AAX considering the future. Where else you can buy an airplane share for less than RM 1 per share ? It is too cheap.

Have to wait next year till warrant expire....That is what i see from the trend. It cant break to warrant exerciae price

MUDA P/E ratio is 8.77 and net asset per share RM 3.16. Price now - RM 1.69. I think this share will double the value in a week time.

Buy MUDA shares. You can not get it. Tomorrow, limit up again. The day after tomorrow limit up again.

No point handsome CEO, if can not show profit in P&L account. :P

The problem - I could not get the share. Queue but dont get. When will they remove the limit-up barrier ?

MUDA net asset per share is RM 3.16. Double the price ?

P/E - 8.77. Normally, P.E around 17 - 30 is considered high. Can double this price ?

The boss of AAX is Tony Fernandes, not me and not anyone else. When he said AAX going to have good 2018, you see maintenance cost refuced , and etc... When he said balance sheet clearance, yiu see deferred tax is added to the PL account minusing the profit by 30 million.

He overwrites everything that I say.

Now Imagine, 2018 going to be a good year. Airasia route anove 4 hours will be returned to AAX. AAX going to get new craft in 2018, what will you expect from AAX profit in coming quarters ?

For this counter to go up,
(1) management need to assure that no more ESOS , no new shares and no rights issue to this counter. Those action will reduce earning per share and increase P/E Ratio.
(2) Net profit attributable to share holder increase by 400%. I think this is achievable by June 2018.

Royce ... reason of last few days stock selling ....

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2018-02-04/yellen-calls-prices-high-for-stocks-commercial-real-estate

Selldown in Dow Jones is planned and implemented by artificial intelligence sensors , analytics and machine. Just becareful, I know the people behind the selldown. They are very powerful and influential. The selldown coincide with the 10 years stock market cycle.

Tqvm Blueocean88.... Clean up the Balance Sheet... that is an encrypted code. What does he mean actually ? Balance sheet is made of asset and liabilities. One staggering value is the Deferred Tax Asset - amounting to RM 459 million. If he uses the deferred tax asset in the Profit and Loss account, this quarter PAT would be RM 100 million or more. Or he wants to clean up the liabilities ? This is something interesting. Clean up balance sheet does not necessarily mean bad . It can be good thing.

blueocean88 - pls show me the link

Crude price increase was over my expectation. When it broke USD 58 per barrel, i also join the fray. But, fact, it rubs out of steam at 68 per barrel. I think over the next few months, it will trace back down to around USD 60 per barrel. Nimber of rig counts increase lags the cruder price by 4 months. By April , crude price rally will be over. There are a lot of oil in the world. Solar panel price has become parity to electricity produced by hydrocarbon. The best time to re-hedge oil price would be between April and June. By tge mwm time, enjoy AAX fluctuation, the more volatile it is , the mire easy to make money.

Royce - estimates an additional RM 95 million revenue. (additional 170,000 passengers x RM 565 average fare)

TunIsmail - AAX-CW already matured (expired) last year... what is news ?

Thanks Royce. I hope it materialised.

oil up not good but same time exchange rate better, so impact oil price cushioned by 50%. since exchange rate impacts around 70% of the cost, while oil impacts 30% of the cost.

Royce, to get to 88 sen, AAX needs to make a profit around RM 200 million. Do you think this can be achieved ? Technically, without revenue adjustment and deffered tax in Q3 ; AAX should have made profit around RM 50 million. 5 times better than Q32016..... That was the sole reason why I top up AAX, when others dumps the share post Q3 result.

Technically at 249 million lots, this counter is entering a bullish mode - rally.

Royce Chan : My estimate between 52 sen to 88 sen. Before CNY, I dont know how far it can go because time is limited. I never see any TP is correct, thats why I give a range. Looking at how easy , it moves out the 40 sen barriers, i think this is a fair estimate.

Rafidah Aziz use common sense. Investigating a 20 year old case afrer the Bank Governor has died (less credible witness) is an act of desperation.

“very high” is qualitative. As a guide, “very high” volume means the volume is higher than any volume of the days of the rally period.

i dont have TP - my guess is as good as your guess. My guide is the volune and price on the trading day. If volume is very high, on the same day, proce goes up but the day ends a bit lower than the open price, i will selll.

one month is now.... one week before announcement is a few weeks time..... Now Radzi is speaking to you... Sell in 3 weeks time... just nice for Chinese new year... lai... lai ...lai

Haiya Royce Chan friend, other stocks like Sumatec, Hoboscus... already went up 100-200%... killing oenself buy already goteng stock. We buy cheap.....OK others ..... the trend of AAX is the stock will go up before qiarter result is announced and may go down when result is announced. If you all know this trend, buy one month before result is announced and sell a few days before result is announced... haita ini macam pun susah ??? Lai ..lai ..lai

I have offload my Hibiscus, HengYuan and Huaan... I guess we look into AAX for the time being.

Hahaha , whenever you raise your concern, I will buy more. :)) Currently, take it as this- AAX - fundamentally, speculatively, prospectively and thematicly is a goreng stock before Chinese New Year ...LOL..... Big sek pan is coming... lai lai lai lai...lai.

Royce Chan : How can you be biased towards AAX and non-bias towards UMWOG and Dayang.... I thought you were a supporter of AAX....

you are playing with dagger , Royce Chan, Dayang is expected to make annual year loss this year. Cut your position in Dayang and UMW, join us in AAX.

Royce Chan : :) No point condemning AAX makes less profit if you proudly claim you make 100% paper gain from a loss making company like UMWOG .... :)

revenue adjustment was a one-off event. Wont be repeated in Q4.

Q3, if consider only operation - was a profit.

UMWOG is loss makng counter, my friend...
Oil is 30% of total cost. (worst case 20% appreciate - around 6% coat increase . Dollar based cost - oil + maintenance + lease around 60%. . best scenario - 5%- around 3% cost reduction. Net 3% cost increasez

Price increase around 5- ‘10% compared to Q3. Seat occupancy increase around 10% , Do your math :)

Also bear in mind, oil price hedge at low price till end Q42017 :). Make profit while you can , my friend. I have made more than 50% in Hibiscus.

Tony makes good of his responsibility being the Co-CEO of AAX group. With a clear vision, AAX should be Asiana of the east region.

Previously , I have said two things. AAX revenue qnd profit was siphoned into Airasia because Airasia is flying on the same AAX route. Now , tge bleed has stopped. Next, competition causes ticket price goes down. This partly stops when Airasia stops flying on AAX route. I hope price per seat increases in tandem with those two events.

Royce - you are right there. Dont forget 3 other things.
(1) Q4 seat price ja higher than Q3 and Q2.
(2) Airasia stop competing with AAX on AAX route.
(3) Revenue belongs to route above 4 hours is returned back to AAX by TF decision.

Hi Avangelice... I hope you have recovered from your paper loss. I have recovered too. I bought and hood at around 35 sen and 16 sen.... WA. It has been long but now it is super bullish. Let it go and prosper together.

The reason why AAX book looks not so good previously is because some portion of the route above 4 hours goes into AirAsia account book. Siphon ? No, not really... but competition from Mother company with son company.... Now, it is separated. We look into better revenue in the future and no more competition within the same group itself.

Great movement. I have long anticipated Q4 rally.

Moreover, when all route above 4 hours is transferred from AirAsia to AAX.....future revenue and profit are passed from AirAsia to AAX.

This stops my agitation towards Tony Fernandes.

No more "step-child treatment" by Tony Fernandes to AAX. Cheers !

i need more data to do analysis. Problem - their annual report is not that detailsd.

My take on this stock. NetX is undervalued by P/B ratio. If it has turnaround, fair value should be around 17 sen.

Revenue source is PayAllz...: have not done it yet. As long Malaysian are shifting to e-commerce, there will be growth. Current shift is not yet saturated. Need to study more on growth .but some growth area are as gar as Cambodia qnd Homg zkng