Last minute 2.5 millions sold.

I think that Maybank IB did it because their call warrant c30 expired today.

Tomorrow is T+3 for the 2nd day goreng from 2.38 to 2.51

I think tomorrow will be stand at around 2.50 ... again to collect from those who doesn't want to hold...

Just my 2 cents

Today is T+3 for the 1st day goreng from 2.19 to 2.38

I think Syndicate pushed down the price to collect more for those who doesn't want to hold...

AirAsia named most influential airline in China at New Power of Travel Awards

AIRASIA NAMED MOST INFLUENTIAL AIRLINE IN CHINA AT NEW POWER OF TRAVEL AWARDS

BEIJING, 9 January 2017 – AirAsia has been named The Most Influential Airline in China at the 2016 New Power of Travel ​Awards held in Continental Hotel Beijing here on Friday 6 January 2017.

The awards, hosted by Sina Travel and Youku Travel websites​, review the development and trends of the travel industry in China, and evaluate travel-related companies and products based on the content and readership by the more than 800 million users on both websites.

The awards honour outstanding companies and products as voted by user​s, and provide travel guides towards airlines, hotels and destinations for travellers.

Sina is the world's largest Chinese-language web portal, while Youku is one of China's top video and online streaming platforms.

The awards committee noted that AirAsia had influenced​ free and independent travellers (FITs)​ in China with its young, passionate and creative brand image since entering the market, adding that, “AirAsia has also created lots of unique content and activities on social media, so now the concept of 'Now Everyone Can Fly' has become more influential in China."​

AirAsia President of North Asia Kathleen Tan said, "We would like dedicate this award to our 1.3 million Sina Weibo followers and 300 million guests. We have built our Chinese social media channels as a one-stop shop for anyone who loves to travel and wishes to interact with AirAsia. This award would not be possible without their strong interaction, feedback and support, and the fact that it signifies the approval of Chinese netizens makes it so much more important to us.

"China is very important to AirAsia. It is an incredibly dynamic market and we have focused our efforts on pushing out the very best content on Chinese social media in order to deliver an even better travel experience to our fans in China. This includes information on where to find the best food, hidden gems and great travel destinations where amazing memories can be made.

"In line with this, our team is working hard with travel tourism partners and local governments to bring the world to China and vice versa. We believe we have the power to open up new markets, not just as an airline but as a travel partner who inspires wanderlust, discovery and a new lifestyle."

Keep updated with AirAsia’s latest promotions and activities via Twitter (twitter.com/AirAsia) and Facebook (facebook.com/AirAsia).

When there are all positive comment and high TP, the IB/syndicate start selling...

Now, Deutsche Bank and Maybank IB start giving negative comment and lower TP...

Maybank IB's negative comment could be related to its CW which will be expired this month.

What does it mean? Will they start collecting?

Jjchan, Mac AAX call warrant last trading date 27 Dec, but expiry date 30 Dec.

Will Mac based on 27 Dec or 30 Dec mother share closing price to determine if Mac needs to pay back to call warrant holders?

Someone is collecting the shares...

If you see the price dropped everyday, you will feel panic.

However, if you think of investment point of view, you are investing a company with huge profit, low PE and good management team. Then, you shall feel relax.

Although recently the share price dropped, but i believe in long term, few months, half year, 1 year of 3 years... the true value of Airasia will be reflected in its share price eventually.

What a miss leading article posted by Chinapress in the above...

The article said Airasia made profit for only 2 quarters over last 3 years. This is miss leading... Q4 2015, Q1 - Q3 2016 all made good profit.

And somemore, Airasia did earn profit from airfare... but the article said no profit from airfare... funny

I doubt what is the intention behind ?

RHB IB up TP to rm3.70, remain buy call.

http://www.interecm.com/interecm/tracker?op=click&id=1730c.b0e6&url=https%3A%2F%2Fresearch.rhbtradesmart.com%2Fdownload.php%3Ffile%3Diyjc21263288455837775476959&_hC=FA80AA12

Icon8888, totally agree with you.

So in short, AirAsia Q2 results was beautify by 91 millions

AirAsia Q3 actual profit shall be 473 millions.

118 millions deferred tax is kept to add in Q4 results.

Then, the actual Q3 EPS shall be around 17 cents

dehouse1111, thank you for your explanation.

AirAsia Q1 profit before tax minus 213 millions deferred tax
AirAsia Q2 profit before tax added 91 millions deferred tax to beautify
AirAsia Q3 profit before tax minus 118 millions deferred tax

213+118-91=240 millions

Does it mean AirAsia Q4 profit before tax can add 240 millions to be net profit?

Very good Q3 results, profit before tax is 473 millions comparing to Q2 253 millions.

However, after minus deferred tax, the Q3 net profit is 352 millions.

As for Q2, after adding deferred tax, the net profit was 341 millions.

Any Sifu can explain what is the deferred tax? Why some quarter add it, and some quarter minus it?

Why Tony wanna address the analyst after 6pm today?

Could be related to AAC sale

Airasia Q3 load factor is 89% for malaysia... and 87% including all other countries...
So... that means... Tunepro Q3 results shall be very good.

Onecall, where do you got this EPS 2.1 cents?

I think Foreign Fund Selling is over.

You may notice their daily net selling amount from 700+million rm, 300+million, 200+million... and yesterday 100 million.

Agree with you that PE is not the only factor, but it is a main factor and also cash flow which Airasia has a lot.

1. If you notice on Airasia report, the debt is decreasing every quarter... And, the profit obtained by Airasia is far more enough to pay interest and reduce the debt. Assuming Airasia use half of its profit to pay interest and debt... then the PE ratio become x2, ie 6.4, this is till low PE.

2. Airasia is growing, and the global demand is increasing, that's why Tony plans to buy more Aircraft, and these new aircraft is more fuel efficient. Do you want to buy a company which is growing or not?

Agree that there will be forex loss, however it shall be small amount as USD vs RM was about 3.99 on 1 July and 4.13 on 30 Sep.

About whether the stock price is high or not... we shall not base on how much it has gone up... but always base on PE ratio to determine whether the share price is high.

The PE is extremely low now 2.53 divide by 78 cents (assuming Q3 EPS 15 cents and Q4 EPS 20cents)... the PE is only 3.2

Load factor 89% for Q3 2016 is announced and confirmed.

Thai Airasia already announced profit 700++ million baht.

Airasia Malaysia will announce on 24 Nov. You can imagine yourself, if load factor is historical high at 89%... how will be the profit..?

Agree.

Somemore load factor is 89% historical high, that should mean the profit also historical high.

Airasia has announced Q3 2016 load factor 89%, historical high.

Any chance to make loss? I think it is 0%

Why these days sell down?

Perhaps someone want to collect more before Q3 results announcement.

This is definitely a very good news for airline industry.

If Airasia could enjoy this low fuel price till 2020... then while expanding its fleet with no worry, EPS also growing every year.

My rough calculation for AirAsia.

Q1 EPS 30 cents
Q2 EPS 13 cents

Traditionally strong Q3 and Q4 quarters

Assuming conservatively
Q3 EPS 15 cents
Q4 EPS 20 cents

That equal to 78 cents EPS for 2016

If PE 10, the share price shall be RM 7.80

If PE 5, the share price shall be RM 3.90

Current price at 2.73 is extremely low comparing to PE ratio, not even talk about the possibility of huge dividend after selling AAC.

I strongly believe that Tony Fernando will announce dividend so that he can use the dividend to pay the private placement as I do not think he wants to hold the 1 billion ringgit debt.

Even Warren Buffet start buying Airlines shares.

Only my 2 cents.

Anyone knows where can see the AirAsia c34 matrix?

Agree with Richkid.

If you were Tony, do you want to hold the 1billion debt if you could be debt free by paying it by dividend...

Japan has QE for long time... that means a lot of hot money.

With the Japanese analyst Nomura buy call on AirAsia and TP 3.88,

Do you think the hot money from Japan will buy AirAsia shares?

Just read an article on Sin Chew newspaper this morning.

AAC sales tender in mid Nov, complete in Dec.

At least 3 tenderer from CHINA, 1 from Japan.

My 6th sense, Airasia share will shoot up in this afternoon...

Let's see...

JJchan, 10am, are you smoking your cigar with coffee ?

Agree with JJchan.

I also sold Airasia, will sleep well.

Agree with JN88 that long terms for Airasia shall be good.

But I worry about Brexit vote tonight.

What will happen to the world market including KLCI if Brexit is passed?

Major stocks in Europe up more than 2% as of now.

If tonight Dow Jones also up a lot, hopefully tomorrow can fly

Today sell down is by retailer as BB or funds are waiting for the Brexit results before entering into market again.

Based on article above...

"""the company is now finalising the papers on the offers it received for Asia Aviation.

“Once it’s finalised, we will table it to the board and call for an EGM (extraordinary general meeting),” he added.""

Looks like the deal will be happening soon.

dividends again for Airasia and AAX share holders... very good.

Hi, JJchan, where you read this from ?


Separately, Kamarudin, who is also executive chairman of Air-Asia, said shareholders can expect a special dividend should AirAsia Group monetise its aircraft-leasing business, Asia Aviation Capital Ltd, which has reportedly received an offer valued at about US$1 billion (RM4.13 billion).

Kamaruddin also revealed that there is more than one bidder for Asia Aviation, all of whom are international companies. “We have various bidders. The plan is to look at the best option,” he said.

If the deal goes through, AAX could be looking at distributing the proceeds via better or special dividends, he said, adding that the company is now finalising the papers on the offers it received for Asia Aviation.

“Once it’s finalised, we will table it to the board and call for an EGM (extraordinary general meeting),” he added.

In AGM, Tony said that Singapore Airlines made profit of USD 580,000,000 (equal to about RM 2 Billion)

And, Airasia profits estimated to be closed to same figure.

However, Singapore Airline market value is USD 9 billions, but Airasia only USD 1.6 billions market value.

2,500,000 shares queued sell at 2.34 to block Airasia from going up.

This is same technique used by syndicate as yesterday when they pressed down the price in afternoon.

What is the purpose of blocking it from going up?

I think they are collecting.

Today is 31st May, last day of May.

Personally, i think that the last minute throw out of few millions share is mainly because some of the funds adjusting their investment portfolio at this month end.

Same goes to Armada which I heard last minutes throw out 34 millions share.

So, if my assumption is correct... tomorrow shall go up to 2.36 at least...

I just bought again Airasia at 2.24, 2.25.

Expecting dividend tomorrow and good quarterly results this Friday.

3 reasons,
a. High load factors, 86%, that means high revenue.
b. Low oil price, that means high profit.
c. Strong RM in Q1, that means huge foreign gain.

Reevephone, anyone who buy or own the Airasia share before 25/May 5pm entitle to the dividend

I just bought more Airasia at 2.31... will be entitled for 4 cents dividend in 3 more days

I hope that Sign did collect some just now as I hope everyone makes profit including Sign.

Otherwise, Sign always "吃不到葡萄说葡萄是酸的“

Syndicates purposely press down the price before QR publish, same as last Q, just to collect more before QR release.

I suggest to hold for the following reason,

1. High load factor, 86%
2. Extremely low oil price in Q1, 2016
3. Foreign exchange gain in Q1, 2016

With the above factors 1 to 3... sure Airasia QR results for Q1 2016 will be very good

Syndicates purposely press down the price before QR publish, same as last Q, just to collect more before QR release.

I suggest to hold for the following reason,

1. High load factor, 85%
2. Extremely low oil price in Q1, 2016
3. Foreign exchange gain in Q1, 2016

With the above factors 1 to 3... sure AAX QR results for Q1 2016 will be very good

GoldenShares, sudah kasih minum kopi... passed road block at 0.41km, found another road block at 0.415 km.. haha

GoldenShares, police set the road block at 0.41km, proton saga has to show its driving license (Q1 2016 report) to pass the road block.

JJchan,

I went to EGM on 9 May and Tony said that he already got the loan for the Private Placement.

However, the interest rate is not attractive enough and need further negotiation.

So, I think by pushing up the AA share price 50% above the 1.84. Tony has more bargain power for lower interest rate.

Road block, 4 millions Airasia share queuing to sell at 2.30

I think this is just a strategy to push Ikan Bilis to sell, before moving up to next level.