I doubt there will be profit this quarter. Polymer market condition is still weak.

Record profits coming this quarter.
Conlanfirm.

Fines kena ad.
Settlement kena ad.
Share price drop ad. Now trading way belong nta.
What else to worry?

Potential m&a target got la.

oskchoon, TF has been doing this for ages. Selling his charisma.

Sometimes, I don't understand...in investing, why would anyone wanna put your money in situation whereby you are betting your hard earn money for a company's survival. Return would be high... But how familiar we are with the company.?

You ask ppl relax here and there, but what is share consolidation also half past six. Google also can find answer. But you still wrong.. Now wanna get triggered. Lols.

btuscy looking at your previous comment you don't seems to understand what is share consolidation, my guess is you must be new to the market. Like I said, positive or negative up to your own prediction...

btuscy, share divide by 10, at the same time, the price/share will multiple by 10. Eg, current rm0.105 becomes rm1.05. Your net investment value remain the same. But, rm0.105 drop to rm0.005 = 95% drop. If rm1.05 drop to rm0.005=99.5% drop. Investor view whether this as positive /negative is subjective, depending on your prediction. But I thing I know bout aax, it is a sucker counter. TF will gives you all the good fake promise. When you least expecting it, he gives you a sucker punch. All the signs are there.

What kind of side effect? Even my daughter take jab sometimes also will have fever. Which is the bigger devil? Covid or side effect?

Now lockdown 18 - 31 March. Tourist cannot come in and Malaysian cannot fly out.
AAX habis ad.

This counter already gone.
Since they hedge high percents of fuel at high price, they must fly the plane. No fly, hedging lost. Fly operating lost.
Gg

"The Company has hedged 80% of its fuel requirement for 1Q 2020 at average Brent hedge prices of US$59.8/bbl. For the remainder of the year, the Company has hedged 72% of the fuel requirement at average Brent hedge prices of USD$59.6."

From latest qtr report.
AAX paper loss in oil hedge now.

Waiting for Tony to announce 2020 will be the bestest year for aax. History will repeat itself.

Johor water level is falling again.

The company is not involved. In fact, the chemical analyser YB Yeo were holding as reported in newspaper / her fb were loaned from lctitan to kementerian.
There were some community group portal in jb that shared the MoU between lctitan and gomen in loaning the equipment.
In fact, YB yeo also went to lctitan last week to visit. Should be related to the equipment / courtesy visit.

Commodity counters, their selling price pretty much dependant on a benchmark.

For petrochemical, it is on ICIS

Check resins price in ICIS first before conclude if next quarter will go up.

@enning22

Nah.. Read below from qtr report. Then read above my few posts. Who is silly now?

"The main reason for the loss before tax of RM 23.4 million in Q4 2018 compared with profit before tax of RM 381.9 million in Q4 2017 is due to margin squeeze resulting from high feedstock costs coupled with fall in product prices. In addition, there was a provision for write down of inventory cost to net realisable value of RM 45.8 million made in Q4 2018 as a result of lower product market price caused by additional petrochemical supply from other region as a consequence of the US-China
trade war."

Today or tomorrow I think... Based on previous report.
Dericlock, Crude oil is one thing, naphtha price is one thing. Polymer selling price is also another thing.

Polymer selling price has been on downtrend due to US, Middle East resins entering Malaysia. Got some report in downstream converter like SGW, daibochi etc. Forget the link.

Later quarterly out, see who is silly. Drop 80 to 90% you don't be surprise.

Usually when oil price drop, the nearest quarter will suffer. Because the inventory is produced using high cost raw material, but selling at lower price due to resin price drop.

My bet is profit will drop significantly.

2017, Tony said 2018 will be great year. He sumore posted picture of golden Bridge San Francisco.
2018, Tony said again 2019 will be the bestest year.
Trust Tony, can go Holland.

This counter left becomes casino only.

Those holding gamuda-we mati katak

The business follow oil price. Oil price up, bad news.

1mt of PP around rm5500. 200kta new plant, can expect will add revenue around rm350million for next 4 months.

2.55billion. 28% discount of value. Previous gomen offer was 2.7billions. I guess it is not bad.

Saw articles in Malay mail, Selangor MB is saying they are offering lower price than previous gomen.

used to own this counter. now, left < rm0.47.

my view now, it is a sunset industry. local media company but kena makan by the disruptive global tech companies.

Tony is very smart. For airasia, those 4 hours route is of lesser profit margin. At the same time, it is high margin for aax. By transferring those routes from AA to AAX, he basically only needs to focus on new short haul route for AA. And without really do anything, he just added revenue for AAX. One stone kills two birds.lazy but smart way.

newinvestor17 IB could be imaginary IB.

So where is newinvestor? Missing or changed username already? Or will pop out again when bad news come

i am just wondering... AAX's fuel are mostly hedged already... i think more 70% hedged at USD59...
how does fuel price dropping benefits them here? anyone can enlight?

must be working in O&G there.

ahahaha.

so, have AAX and Airasia's RM110bil and RM78bil planes front tayar left the "showroom" ad? Answer is no.

I read your article on this with interest. However, I have some thoughts and doubts on this.

I remember Jack Ma was once quoted that for e-commerce, the most important infrastructure is information flow, cash flow, and DELIVERY. He was also once quoted to say that Alibaba is a logistics company (or something like that) where he says the limitation to e-commerce is on delivery. As long as can deliver, then they can see everything online.

Largest e-commerce in Malaysia is Lazada. and Lazada is owned by Alibaba now after the USD1bil acquisition. For Lazada, they developed their own delivery service called Lazada Express (LEX). I personally find their delivery service as being very fast and good, better than POS Laju where you get this card on mailbox and they ask you to go self-collect which takes very long time.

What I noticed,
Lazada - LEX and GDex mostly.
11Street - GDex and Post Laju
Zalora - GDex
Taobao - Ezbuy self collection
* based on my observations. not limited to these couriers.

I think, POS Laju is mostly used by individual seller (maybe smaller scale seller).

In China, Alibaba is teaming with courier companies to improve the delivery service. For seller, I think the main attraction for seller will be cheap. For buyer, you will see buyers usually review of price, product authenticity, and delivery speed. On thing on both sides of the platform is being low cost.

Since you mentioned about Jack Ma developing e-commerce in Malaysia, what is your views on this, especially his strategy in China. I believe he will copy the idea. fyi, Amazon, Walmart etc are also paying attantion on delivery service now.

So, the question is can Pos Laju fight this?

http://www.businessinsider.com/alibaba-has-an-ambitious-plan-to-handle-delivery-logistics-2016-7

no monitor price few days. today log in seems like going up back.hahaha

Nice to see apology.
Some ppl that wrong and slandering never apology one. how about that?

ini macam belajar MBA

+1 for KC. Read both their articles once and while.
KYY's articles are usually full of ego even in this philanthropy works.

Jollibee, I urge you to read all the comments in other posts and do your own due diligence.
Calvin doesn't even know about operating lease and depreciation.

On Bloomberg article on incoming on operating lease, there is article by icon88.

I also emailed Bloomberg's writers and article editors to ask them to clarify the points raised. No reply received. Maybe I am too small fish. But my respect for them go down the hill as they don't even want to clarify.

jollybee, do you mind pointing out the page you found the 1%? wanna have a look.

nice. the saudis played their game well this time.

drop and up back. fund doing windows dressing ar

suddenly dumping one.

I also want to know about shortselling. how do you to it informer?

many sharks visit i3 is true. my remisier friend also told me.
CalvinTan and his useless writing. I tried so hard to explain to him about his error. he pulak main ejek ejek. I think shark no trust him la. but after they see his report, they play with the sentiment.

Calvin Tan now busy hiding i guess. I read all his buy call thread with laughter.

Well, that guy never listen. Tried hard to explain things to him but he just ignored and continue with his don't know what spinning.

I email David Fickling and his editor to ask him to clarify his articles. As a writer, he should prove his numbers.
Let see if he reply. lol.

Everyone fighting for survival means Opec, Non-Opec, Shale all are all fighting for market share la.

he sold ad, now want to buy back at lower price. i laughed when he said he sold yesterday and regret not selling at 0.385 when he was still shouting hold tight tight.

now RSI at oversold region. not wise to sell now. no difference already. wait for rebound if want to sell.