Buy AirAsia for LOW JET FUE PLAY... LOW JET FUEL PLAY.... which is sound
According to results....
Aircraft fuel expenses for 2014: 2,254,237,000
Say, fuel consumption remains more or less the same and say, the average jet fuel price has dropped a mere 25% (vs 50% for crude.. easier la like this no need to really know how many % is hedged at how much... a drop of 25% is reasonable) So... 2,254,237,000 × 25% = 563,559,250 ie saving for 2015 roughly
The saving due to low fuel price for 2015 would be RM 563,559,250 before RM 60,000,000 say for fuel surcharge.... a bloody big figure no matter how you look at it
AirAsia's low jet fuel play is sound... and the reason for all the IBs' Buy call
I still believe ; )
At the price now... it is getting even too low for Mat Salleh to exit
r moi 50 years from now, you will have this conversation with ur grandchild, u will say : neh neh.. long time ago bought aa and holland big time, the lesson i learned is never buy a airline stocks again... cough cough..
but your grandchild refuse to listen to you and proceed to buy another airline stocks..
legend say a man time travel from years 3000 and he say, after 20 generation, rmoi your descendant still continue the tradition of buying airline stocks and holland big time..
WB experienced his personal ZEN moment with airlines before attaining enlightenment... and the guru status that he is today
I see it as... I am at the moment on the same path as WB and a step closer to attaining enlightenment and the status to WB...
HAHAHA
Joke aside.... if WB has seen AirAsia before.. he would definitely have a very different view of airlines... and approve.. and will say.. "This is how airlines should be run... as a mean of transport.. not a luxurious thingy... well done AirAsia!!"
WB may not been looking into any airlines at all after his ZEN moment... his loss
Anyway.. WB has made many mistakes in the sense that he has misssed many opportunities due to his bias...
I am pretty sure WB till now thinks the max for the NASDAQ should be no more than 1000... and FACEBOOK is a total scam and GOOGLE will collapse tomorrow..
GMT has painted it so urgent like... like AirAsia was going bankrupt the next day after its report....
Is it really so urgent???
NOT according to the auditors PwC
PwC didn't qualify IAA PAA as non going concerns
PwC didn't even impair the amounts due from IAA PAA... this would be after reviewing their cash-flow projections... of course
GMT has put what might happen in the next few years... with all its negetive assumptions too... to happen in like all of 30 days
No chance to do anything... just die
If it is not so urgent.... surely... say.. if.. big if.. there are really problems.. surely Tony can do something about it
Secondly.....
Are the debts due from IAA PAA a lot for an airline???
See la our very own new airline.... Flymojo..... to operate in a population of just 30m people
Kurang kurang 5.5b...
The statement said based on the list price of the CS100 aircraft, a firm order would be valued at approximately US$1.47 billion (RM5.44 billion), and could increase to US$2.94 billion (RM10.87 billion), should flymojo exercise all its options.
Surely that time travelling fella if anything is talking about MAS la ... Not AirAsia... Time travelling always messes with the brain and memory a bit...
Muller tak jadi? IMHO he stands a good chance.. albeit with a small little symbolic national airline working substantially on the LCC biz model..
A profitable national airline nontheless... just dont ask why it is so small and not quite so prestigious.. MAS would eventually be profitable aand a symbolic national pride and thank goodness no longer eating up taxpayers money
the man actually is send by your descendant, his purpose is to end the misfortune of your family.
they come out with a conclusion... and that problem is you.
sooner and later, a big bulky guy with sunglasses wearing black leather jacket&pants will be knocking your door.. rmoi , you will get terminate.. hasta la vista baby..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
r°Moi
5,802 posts
Posted by r°Moi > 2015-06-27 10:08 | Report Abuse
AirAsia. .
Buy AirAsia for LOW JET FUE PLAY... LOW JET FUEL PLAY.... which is sound
According to results....
Aircraft fuel expenses for 2014: 2,254,237,000
Say, fuel consumption remains more or less the same and say, the average jet fuel price has dropped a mere 25% (vs 50% for crude.. easier la like this no need to really know how many % is hedged at how much... a drop of 25% is reasonable) So... 2,254,237,000 × 25% = 563,559,250 ie saving for 2015 roughly
The saving due to low fuel price for 2015 would be RM 563,559,250 before RM 60,000,000 say for fuel surcharge.... a bloody big figure no matter how you look at it
AirAsia's low jet fuel play is sound... and the reason for all the IBs' Buy call
I still believe ; )
At the price now... it is getting even too low for Mat Salleh to exit