No announcement at bursa

Retail buyer dumping it ?

after P1 is out , any new business come into GP picture ?

Still fluctuate around 0.79 and 0.82

China lower interest rate and oil price raise bit .

China Strategic oil storage still having 20m barrel capacity to be fill in by 2014.

maybe due to cloudy of entire market.
not just Benalec dropping.

memang stock goreng on news

need some stimulate for Gkent

Where they spent the money gain from P1 equity sale ?
management ate it ?

In airasia group , only MAA is making profit
Next year when Japan airasia started and they will said lose due to new affiliate come into picture and this is invest for future .

They already setup so many affiliate and all of it is losing money. Maybe some of affiliate facing political unstable issue and some affiliate facing currency issue . Some of them even have competitive issue when facing local LCC. They can blame on bad timing or bad luck but end up as a large LCC in region , they should have some risk management as well .

maybe it is time to focus how to get 1 or 2 of airasia oversea affiliate back to profit just to ensure they have enough cash flow to support business expansion .

if oversea affiliate keep losing and Japan airasia coming into picture next year and start contribute so call start up loses , how long MAA can tahan on this situation ?

NewbieForever Hi all, newbie here. There're sure some interesting debate in this forum. My thinking as a frequent traveler, I will choose the cheapest airline and aax usually is my first choice if they have the route to my destination even if it's long haul unless the price different is so small which usually not the case. I will only try to pump up my air miles with those high end airline like Emirates during my business trip which is paid by the company.
20/11/2014 16:38

Hi newbie , that maybe the problem airasia facing now .
Ppl take their service because they are cheap and only when they are cheap in price .
This cause difficulty for airasia to raise their airfare

Just look back to phone industry , why Apple insist not to develop low cost phone ?
They want to maintain their branding and that why they survive today . High profit margin and high value added consumer's support .
xiaomi and Samsung who selling cheapo phone , 1 having low margin issue and playing volume game , another 1 facing margin and revenue dropping issue .

Highlight on pricing and start price war at beginning is one of business strategy but definitely not the best one .

sosfinance Assuming what analyst said is correct:
1. Softer market demand after MAS incident (Temporary)
[this so call temporarily alr continue for few quarter. Maybe you can visit Kinabalu restaurant and tourism spot which around 60% of visitor from China and now left 20%. MAS incident but caused impact to Airasia group as well]

2. Significant capacity growth in SEA esp Australia (May be structural, can refocus and redirect to other routes)
[redirect to which route if all of their current route is overcapacity ? Start new route may burn out their cash even faster. AAX cash balance in hand is less than what they lose in 3rd quarter and it means that if management unable to narrow lose at 4th quarter and they might bankrupt. We must not forget that there are additional airplane coming into fleet every year]

3. AAX significant expansion capacity growth, fleet size increase 42% (may take time to fill up, or delay new fleet delivery)
[maybe they shouldn't expend capacity with MAS in the first place and caused both airline in trouble now. Anyway , the overcapacity issue not caused by airasia group only but their competitor as well . Their competitor will be happy to take over their market share after they rationalise. End up it is money game and big fish eat small fish. But sadly airasia is still a small fish now)

4.Forex (Dollar appreciate against RM, cause RM48m loss, may continue to 4Q?)
[after QE3 ended , market is waiting for US government to raise interest rate and if USD will raise even higher if US interest rate hike. It result in higher lose in currency]

Appears to be overcapacity? Anyway, AAX expansion is drastics and the leveraging is high. It need to slow down its expansion.
[agree with you on this]

The only positive thing going forward is Crude Oil price has dropped about 25% in Q4.
[they have fuel hedge activity and the benefit of crude oil price drop maybe only show in 1st Q of 2015. Lots of ppl jump in after crude oil price drop but they forgotten/not aware about hedging issue]

No offence but some opinion sharing .
Let's gather all type of opinion and help out each other pass throught this difficult

Benalec submitted EIA to Department of Environment ?
Hope get good news sooner .

MAA selling air ticket RM 2xx from KL to Kota Kinabalu with 2 & half hour flight.
AAX selling air ticket RM 6xx from KL to Sydney with 11 hour flight.

This is the question mark. Air fare is not going up proportional with the distance of flight but cost going up proportional with the distance.

for my opinion , long distance LCC is really challenging.
Personally i can still tolerance for the limited seat space for short haul travel , but i can't barely tolerance for limited seat space for long haul travel.

when all analyst telling same story
maybe pull out and try other counter is safer for small investor like us.

There are lot good company out there.

KLIA2 is providing passenger a more comfortable environment for travel.
But will you shift to Airasia from other airline just because of KLIA2 ?
Or will you transit with Airasia just because of KLIA2 ?
don't forget Airasia LCC competitor is based at KLIA2 as well thus what is the benefit of KLIA2 to airasia ?

the last quarter report is park under 2015 1st financial quarter as Benalec financial year end on mid of year.

so the CEO's statement about sales of land will capture started by 2015 referring to Year 2015 or financial year 2015 ?

if it is financial year , it was started .

thought they will benefit from MAS restructuring.

but now they following step of MAS and even reduce their flight frequency earlier than MAS.

don't miss the boat

Benalec quarter report posted.

Quite good result.
Revenue , net profit and NTA all raised YoY

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1797109

AAX was gone
airasia who apply same strategy can survive ?

can't wait for the report

Nissan car not as popular as H&T
Yet lot new player in market

Hope oversea is ok

Prolexus bonus share waiting for approval or ...?

anyway , sit tight and wait for quarter report.

It is going to release soon.

personally not so positive on the coming Quarter Report.

If it is perform well and earning , they doesn't need to wait for external fund transfer just to get their worker paid.

Most likely 2014 3rd and 4th quarter is losing money as salary issue pop up by October (4th Quarter).

passenger data already release.
waiting for account & balance sheet data as well.

ComPany too low profile
Not much ppl saw this company

AirAsia, which has among others, operations in Malaysia, Thailand, Indonesia and the Philippines, is understood to have hedged up to 40% of its fuel requirement at US$118 per barrel for the remaining of its financial year ending Dec 31 (FY14), according to a note by AmResearch.

Key word for investor who looking for short term.

many people buy Airasia due to crude oil price dropping.

but a lot people missed out that Airasia also done fuel hedging for partial of their fuel comsumption.

those fuel hedge already lock partial of their fuel price at relatively high compare to price now thus it is loses for Airasia.

banker cash out ?

my point of view , there are lot more better stock to invest for short term compare to airasia.
Their Indonesia & philippine passenger carried was down dramatically (more than 10% y-o-y) and load factor increase due to cut of flight frequency.

Reduction of flight frequency might affect their presence & competitive in the particular market as choice for passenger is limited.
reduce of frequency is bad if they want to expend transit service as well.

Does this company competitive ?
Seems like Petronas also didn't give support for this company.

banker cash in ?

http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=1081593
Siemens got contract from Petronas to construct a new power plant at Pengerang.

Petronas wouldn't pull out from Pengerang RAPID already.

http://www.therakyatpost.com/business/2014/11/03/sharp-drop-mahb-earnings/

Malaysia Airport eArming dropped 98%
3rd quarter malaysia domestic passenger decrease 3.4%

AA major market is malaysia domestic ?

does success transformer having any road lighting business ?
looks light they focusing on those industrial like (we call it spot light) more.

EPF voting right confirm by tomorrow ?

why should i tell you ?

Do you own analysis crap

Hope Petronas won't stop their expension.

8x Dollar per barrel can still maintain petronas's production ?

Germany just cut their forecast :(

Dong Goh Shui lo

Prolexus's major share holder is accumulate share.
but the world's economy bad news bring down entire market

KianHin ,

No offence but the current problem is Buffett not pumping their fund into share market this moment.
Hard for the ikan bilis like us to against the market.

those super rich billionaire seems holding cash and waiting also.
HK's Li Ka-shing is god. he sold many asset and gain lot of cash since year ago.

tell our German friend @HLX4U

btw , Germany just cut their forecast.

Germany just cut their forecast.
If Germany down , Europe will down
Hope America's growth able to offset the impact.

anybody is support for the 27sen privatize ?

Chin Hui

Don't rush to get into market now.
Let the price and market settle down first.

Anyway , this is what i'll do. you may take your own risk base on your risk analyze and management to your own financial status.

Kuku
actually i'm already done it

0.895 in and out at 1.1x

now waiting to reenter as next announcement of Johor project will be on December.
I'm street player yet my mum sent me to school.
I listen to what my teacher teach in class and now i'm using my brain to analyze.

For end user point of view , once they used to the cheap airfare and they will hold their money and waiting for airfare promotion.

It is hard to get a fare price hike in short term even after MAS restructure because other LCC is expending as well.
Malindo bought too many airplane and they need some market to pump in their new aeroplane.

airasia having too many promotion nowaday
2014 almost whole year having Air Fare Promotion. (You may google airasia promotion 2014 and you know how many promotion held this year)
some promotion even extended the promotion period.

I'm interested to invest in airasia as well but i see they have oversupply issue in short term.
Airfare simply couldn't go up.

Anyway , the slip of fuel price may help their financial.

from your Kuku tracker ,
i notice that they raised from 0.8x to 1.xx before they have bad day.

I guess maybe you didn't notice it as you disappeared by the time.

still dropping

Raise from RM0.4x to current price within 1 year time, shark behind scene suppose earn a lot in account.
Shark taking profit ?