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2018-05-26 19:49 | Report Abuse
davidkkw79 you are absolutely right on LGE. He needs to act tactfully and take a more refined approach to issues which are market sensitive.
2018-05-20 12:25 | Report Abuse
elbrutus....you're right on that...but that is also the fact :)
2018-05-20 11:43 | Report Abuse
though this TF was rich, I am sure he wasn't rich enough to buy an entire passenger aircraft...and NOPE, no bank would have financed the endeavor as his expertise doesn't match the industry he is about to take on.
So Tun set it up for this fella and let him claim the credit for it just like many other tycoons in Malaysia like Eric Chia, Jeffrey Chia, YTL, Ananda, Tajudin, and many many more. So he is a billionaire creator.
2018-05-20 11:34 | Report Abuse
in the first place, AirAsia is NOT Tony's brainchild...It is the brainchild of Tun and Tan Sri Clifford Herbert https://ms.wikipedia.org/wiki/Clifford_F._Herbert .
I am sure Tony who was with Warner Music which got nothing to do with airline industry was appointed to run AirAsia (AGAIN NOT A NAME GIVEN BY TONY) for a reason.
At that time they only needed a puppet to run the show and the puppet master was someone else.
It was not an ailing company that was sold to Tony but though made to appear so just to please certain quarter and keep them quite.
http://www.kualalumpurpost.net/mahathir-mohamad-sold-air-asia-to-tony-fernandes-for-usd-25-cents-2/
Tony's own preferred name for AirAsia was Tune Air (pls do a search on this).
So, don't unnecessarily get agitated over this, as at the end of the day we are only supporting another one TUN MAHATHIR'S great brainchild like KLCC, etc, etc :).
The above is the truth (as much as I know), everything else is fabricated to please the so many 'racist' Malaysian.
2018-05-19 23:17 | Report Abuse
when you punish TF...you'll punish the thousands of staffs who'd have voted for PH..it's not their fault if their boss made a political judgemental mistake
2018-05-19 11:43 | Report Abuse
time to grow up Tony....and first lesson in adulthood is to keep your mouth shut when there is nothing useful to say...
2018-05-19 11:34 | Report Abuse
This no good TF married a young girl and acted like a 'boy'.... and now we the share holders pay the price...
2018-05-16 09:54 | Report Abuse
this CIMB investment banker is @#$% emotion driven. The reasons they gave for the downgrade have been factored in even before election. You're a well known hypocrite who would suggest buy and sell at the wrong time. So pls take your 2 cents worth of write up elsewhere.
2018-03-06 14:22 | Report Abuse
guys patiently wait...it's been the very pattern of AA to climb up about 50 cents and drop 60 cents of late...it's very iterative counter...so they have about 2 months till the next AGM and until then there will be a good seesaw show...just don't know which side is heavier.
2018-02-28 09:34 | Report Abuse
Results
Within expectations – Reported 4Q17 core earnings of RM360.8m, bringing FY17 earnings to RM1.5bn, which was 96.6% of HLIB FY17 forecast and 97.3% of consensus.
Deviations
None.
Dividends
None. Dividend proposal is only expected during AGM by May 2018. Given the strong operating cashflow and on going monetization exercises, we can expect final dividend of 10-12sen in addition to existing 12sen interim dividend.
Highlights
YoY: Core earnings dropped by 33.8% on the back of higher cost elements related to fuel prices, staff costs (salary adjustments and higher bonus provisions to reward its employee for the group’s strong earnings for the pass 2 years) and interest costs related to bank facilities charges.
QoQ: Similarly, core earnings declined by 22.6% mainly on higher fuel costs, staff costs, and bank charges.
YTD: Core earnings decreased by 4.1%, due to the higher depreciation and lease charges (deliveries of new aircrafts) and lower losses attributed to minority interests of PAA and IAA, indicating stronger earnings for both PAA and IAA.
Outlook: Capacity growth for 2018 is expected c.12% YoY, with addition of 24 aircrafts (vs. 196 aircrafts by end 2017).
AirAsia has hedged 16% of 2018 jet fuel requirements at US$63/bbl (vs. current jet fuel price at US$80/bbl). The higher jet fuel costs can be easily offset by RM appreciation and improving operational efficiency.
IAA (Indonesia) has completed its listing exercise by end 2017 with market capitalization of US$336m, while PAA (Philippines) is expected to be listed by end 2018. The completion of transferring listing status of AirAsia Bhd to AirAsia Group Bhd is targeted by 2Q18. Major shareholder Tony has previously indicated potential re-listing of MAA in KLSE again, which will further monetize the value to MAA and potentially further dividend payout post the exercise.
Management is confident that AAC divestment will be concluded by end 1Q18. AAC was previously guided to value at US$1-1.2bn (RM4.0-4.8bn). The cash proceeds will be utilized to pare down debts and pay out dividend.
Risks
World crisis (i.e. war, terrorism and epidemic outbreak), shutdown of KLIA2, surge in jet fuel price and high speed train infrastructure between Singapore and P. Pinang.
Forecasts
Unchanged.
Rating
BUY ↔
AirAsia is expected to remain on growth trajectory from the strong capacity expansion, high load factors and low jet fuel costs. Near term catalysts include asset monetization exercises and listing of JV/Associates in 2018, which will further enhance AirAsia’s valuation.
Valuation
Maintain BUY recommendation with higher TP of RM5.00 (from RM4.18) based on SOP, after imputing valuation for AAC, TAA, IAA and PAA.
Source: Hong Leong Investment Bank Research - 28 Feb 2018
2018-02-28 09:16 | Report Abuse
why the panic sell...did AirAsia announce a very bad quarter?
2018-02-06 11:15 | Report Abuse
KAQ4468...what about other shares that you are holding...did they also drop?
2018-01-08 19:15 | Report Abuse
Jon Choivo...I merely put my though forth...for that I don't need your and anyone else's approval. Now as for the stock price movement and the company's management is concerned, of course, they are part of the game. Unless you've been crawling under a rock for a long time don't come and advice people thinking you can advise anyone in the forum with 2 cents worth of market knowledge. And as you have said if you like to read other people's comment you read otherwise no need to talk so much!!! just move on!!!
2018-01-08 19:05 | Report Abuse
Ask Jon Choivo...that fella seems to know everything under the sun
2017-12-18 16:40 | Report Abuse
I personally think...someone (or many) is making a quick buck before the long holiday next week...this has been a trend in bursa for many decades.That's the reason for the sudden movement...again pump and dump...a usual let's hope that's not the case this time.
2017-12-15 14:23 | Report Abuse
UOADEV need to do something about the poor performance of their share...cash-rich and on time good dividend payout is not doing much compared to some other listed company with much lesser credibility but having better valuation!!!
2017-12-15 13:49 | Report Abuse
with the aireen girl gone to do something else within AA...let's see if the riad fella can improve the relationship with malaysia airports and get things done...
2017-11-24 15:11 | Report Abuse
way to go tony... an anticipated answer
2017-11-24 14:19 | Report Abuse
from fiat money to bits and bytes money
2017-11-24 14:10 | Report Abuse
I am sure AAX will recover in another 15 years time under the tutelage of the great TF. Of all you played good loan master to a very good loan defaulter countries i.e China, Nepal and India...way to go TF
2017-11-22 11:51 | Report Abuse
one greedy pig company...and the main reason for our property market to be in a such a doldrum...don't care about anyone else as long as my pocket is filled.
2017-11-21 11:47 | Report Abuse
this is the indication of a future 0.20 sen company...every bit of it...pump and dump. "SHADOW MANAGEMENT" in charge.
2017-11-20 16:40 | Report Abuse
I need this counter to reach RM1.00 then only break even...wrong investment listening to a two-legged pig long time ago...so will have to wait till the management does something miraculously...
2017-11-02 12:12 | Report Abuse
another one of those busy golfing CEO run company...just happy to sit at the top and enjoy all the frills and perks that comes with the position
2017-11-02 12:01 | Report Abuse
let's see if it can bounce back...or as usual, coils back to its usual downtrend...typical of these sort of company.
2017-10-20 19:57 | Report Abuse
this happened after the daughter of one of the major shareholder was appointed as an alternate director. She is just 32 years of age...maybe there was a boardroom tussle.
2017-09-27 17:52 | Report Abuse
windozed is as good as the baby boomers physique...old with nowhere to head
2017-09-27 17:48 | Report Abuse
yeah...when america calls someone evil the world must follow...i am not sure which is the real evil...
2017-09-26 22:53 | Report Abuse
this stock moves only when certain other counter moves
2017-09-26 22:49 | Report Abuse
price drop again...theta moves only in one direction...DOWN...dumb management lead by even dumber puppet masters
2017-09-26 11:52 | Report Abuse
I am sure Aireen Omar can propel AirAsia to new heights with her brilliant and vast innovative management skills...who is TF when we have Aireen Omar. Take out the entire male boardroom members and replace them with female and see how long the company last's...Just like one of the nut head heading ASTRO arrogantly thinking she earned it by merit.
2017-09-25 12:37 | Report Abuse
spoon fed achievements
2017-09-18 15:38 | Report Abuse
sick of waiting to get back my investment...Theta is like one of those rural roads...isolated and quite...and leads to more dullness.
2017-09-18 15:34 | Report Abuse
doesn't matter how many times this sort of companies falls into the shit hole...they pretend nothing ever happened and continue their arrogant stroll.
2017-08-15 12:19 | Report Abuse
suddenly can declare good result... then go right issue and bring the price down....make another round of fake profit from investors, not from the business...shrewd and cunning
2017-08-08 20:33 | Report Abuse
this guy appears to be a puppet only the master is someone else....that's why he cannot be certain on issues
2017-07-30 09:43 | Report Abuse
it's taking forever .........zzzzzzzzzz......pls wake me up once we have landed...:)
2017-07-30 09:42 | Report Abuse
it's taking forever .........zzzzzzzzzz......pls wake me up once we have landed...:)
2017-07-12 10:22 | Report Abuse
this counter actually rely heavily on KLCI momentum...otherwise it is just a white elephant with puppets running it's operation...puppet master controls everything!!!
2017-07-12 10:12 | Report Abuse
take the dividend...share price don't move much...
2017-07-12 10:01 | Report Abuse
what do you expect from a company head quartered in Puchong, in one run down dilapidated shop lot...but to show off the boss's son comes to office in a BMW 7 series lah..
2017-07-12 09:43 | Report Abuse
TF....just hoping (Hope the new chairman and Azli will sort out the mess) will not produce any result....
2017-07-12 09:40 | Report Abuse
this counter dangles a carrot in front and make the investors walk miles with the hope one day they will get it. They have a very little respect for investors, especially retail investors...
2017-07-12 09:35 | Report Abuse
warning....a very dangerous counter with no intrinsic value and extremely over hyped classic ah beng company.....
2017-05-31 14:08 | Report Abuse
Apollo Ang...who you're referring too...
Blog: Swamy urges CBI to widen probe against AirAsia
2018-10-22 13:36 | Report Abuse
this low earth scumbags had the Pakistani terrorist walk right into their country an run amok at a 5-star hotel a few years back and now wants to talk about national security. Just shub some useless Rupees into this fellas butt hole and he will be quiet.