Bought more at 0.38

Top up again at 0.38

AirAsia X to take delivery of 2 Airbus planes after deferment

Just top up at 0.39

Every body pls follow me

Just bought at 0.385

Buy buy buy

Property market slow down. Difficult period for developers

Passengers booked on an AirAsia flight from Bali to Australia are sleeping on the floor of the airport after it was grounded twice because of medical emergencies.

Furious travellers are taking to social media to complain about the airlines handling of Flight D7206, which was scheduled to leave Kuala Lumpur for Coolangatta, Queensland, on Monday and arrive at 7.50am on Tuesday.

On on Wednesday afternoon it was in Denpasar, Bali.

It had been diverted there after a medical emergency two hours into its first attempt to reach Australia, and several hours later it attempted to leave Bali, but it returned due to a second, similar incident, during which a passenger was reportedly vomiting blood, according to 9 news.

Average base fare (without fuel surcharge) for 2nd quarter 2015 is RM393.00 . 2nd quarter is the low season for all airline operator. According to AAX financial presentation on 29/2/2016, the average base fare for 2nd quarter 2016 only growth by 10% compared to 2nd quarter on year 2015. Based on the calculation , the average base fare for 2nd quarter 2016 will be = RM393.00 x 1.10 = RM 432. Based on my estimation, AAX will only able to breakeven at average base fare of RM500.00. At average base fare of RM432, I think AAX will made loss about RM 100 million in 2nd quarter 2016. So, no need to rush in buy AAX now to avoid trap in this share.

Average base fare (without fuel surcharge) for 2nd quarter 2015 is RM393.00 . 2nd quarter is the low season for all airline operator. According to AAX financial presentation on 29/2/2016, the average base fare for 2nd quarter 2016 only growth by 10% compared to 2nd quarter on year 2015. Based on the calculation , the average base fare for 2nd quarter 2016 will be = RM393.00 x 1.10 = RM 432. Based on my estimation, AAX will only able to breakeven at average base fare of RM500.00. At average base fare of RM432, I think AAX will made loss about RM 100 million in 2nd quarter 2016. So, no need to rush in buy AAX now to avoid trap in this share.

Safety issue for thai airline. Japan authorities banned taax to flight sapporo in 2015. This is the reason why maax flight to sapporo

http://edition.cnn.com/2015/12/02/aviation/thailand-aviation-safety-faa/

Somemore thailand ANFC charges is too high. 24.25 times expensive compared with malaysia

Hi radzi, currently TAAX only operate daily flight from bangkok to shanghai. How to get 4 flight per day? Should be 2 flight only

No Iran representative would attend the meeting in Doha...
http://www.cnbc.com/2016/04/14/best-oil-deal-from-doha-likely-to-underwhelm.html
Early Saturday morning, Iran's oil ministry said no representative would attend the meeting in Doha, Qatar on Sunday.
Meanwhile, Saudi Arabia's Deputy Crown Prince Mohammad bin Salman reiterated in a Bloomberg interview this week that the kingdom would not hold back on oil output unless other producers, including Iran, did the same.

This mean without Iran attending the Meeting,It's impossible for the meeting to reach any pact...
So, started from next week I think oil price will plunged back to around $30 and Myr will weaken back to above RM4.xx. - information that I get from supermax discussion forum

http://klse.i3investor.com/servlets/ptres/34785.jsp - please read this link. Report from public investment bank said that Airasia X will take 4 new A330 on 2016. I not lying, dont simply made the statement against me

http://www.asiatraveltips.com/news16/83-ThaiAirAsiaX.shtml - please look at this link. Thai airasia x take their 6 th A330-300 aircraft on mar 2016. Currently their serve 4 place with 6 plane

Syndicate purpose is to goreng warrant. After that , they will throw back all the shares . This happen to parkson and parkson call warrant before.

Hi radzi, two new A330 will go to TAAX . FYI, TAAX still made loss . TAAX loss of RM 43.8 million not yet capture to AAX account.

Hi tonywong8, you should focus on operating level. 2nd and 3rd quarter , they will still made loss in operating level. Likely will be 50 million loss on 2nd and 3rd quarter. So, they will face cash flow issue. Indonesia AAX still owe them 56 million ringgit as per 4th quarter 15 financial report. And the amount will going to increase 15m - 20m per quarter

We might see share suspension next week pending for annoucement . Same thing happen to Airasia back in last two week.

Just a reminder for AAX shareholder, are you ready for cash call

So, I guess recently uptrend of aax share price could be a show before they announce their cash call plan. FYI, AAX share par value is rm0.15.

Airasia X will take delivery of 4 A330 plane in year 2016. Most likely they will take 2 aeroplane via leasing while another two they will buy in. 1 A330 cost about USD 250m, two will cost them USD 500 milion. Minus out 10% deposit that they paid, they will need to pay the balance payment of USD 450 million in 10 years time or 120 monthly installment. So based on my calculation- monthly installment that they need to pay will be 15.75 million ringgit or 189 million ringgit per year. From here, I have strong feeling that they minght propose right issue soon to get some cash flow to finance their installment.

Hope that paris people are fine now. Pray for them

Paris attack incident will help oil price to rebound. I will buy more next week.

Hi singor. Long time no see

At the end will drop to zero value

Hi sunztzhe, is 10k , not 1k

Anywhere, armada is good stock. No need wory. Hibiscus, different case

I buy 10 lot armada at 1.00, now 0.98

Who buy hibiscus now , when end up with makan biscuit everyday. Haha

Good view. Jjchan

Better look at armada . Got RM38.5 billion orderbook and owned by ak

At this moment. Try to escape counter like hibiscus, whicb no fundamental

FPSO bidding still active with cost cuts seen. Despite an industry-wide slowdown in projects flow, ARMADA is still actively bidding for FPSO projects globally. At the moment, it is bidding for three projects: Nigeria (USD800-1000m contract value estimated), Vietnam (USD400-500m contract value estimated) and Namibia (USD400-500m contract value estimated). On the other hand, the group sees uneven cuts cross its cost chains with 20- 30% cuts in equipment cost seen while crew cost cuts are less severe with 10-12% cuts, which is an indication of flexibility of production players to optimise their cost structure to operate under different oil price scenarios.

Overall this quarter financial result should be good due to high usd:myr rate.

(c) Growth in FPSO & FGS revenue by RM135.1 million driven mainly by increased conversion activity from the Eni 1506 FPSO project, initial recognition of FGS revenue from the conversion activity of a floating storage unit, Armada LNG Mediterrana, which was awarded in April 2015, and contributions from tanker operations and O&M (3) activity from the Armada Claire.

http://m.offshoreenergytoday.com/#newsitem-167216

Hi oil_n_gas, I did not trapped at fake news. I buy after fake news annouce, last friday at 1.00

http://gcaptain.com/bumi-armada-signs-maltese-floating-lng-storage-contract/

Hi oil_n_gas, this year armada got won one contract amt to USD300 million for contract period:18 years and 2 month, link a below

Hi earnest, I agree with your view. We should look at fundamental. The reason I choose armada is because they got RM38.3 billion order on hand and all is long term order. This would help armada to survive during this low crude price era

Hi oil_n_gas, last quarter armada report loss is due to one off impairment charged of RM383.7 million. Exculding the impairment charged, that quarter armada still earned 84.8 million. I estimate this quarter will post net profit around 70-80 million

Hi snwong, armada will heading toward 1.2 next week

Proton got financial problem. Many vendor did not get their payment on time

Time will proof what I said

Ak, another warrent buffet. Continue to look for more investment opportunity and on other hand , continue their charity work

Ak, another warrent buffet. Continue to look for more investment opportunity and on other hand , continue their charity work