Posted by 股海無涯 > 2015-09-02 02:40 | Report Abuse

lc, for short term is very high chance to occur huge exchange loss, but for long term i believe AA will overcome the problem.

Posted by r°Moi > 2015-09-02 08:32 | Report Abuse

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r°Moi


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Higher risk that IAA’s convertible bonds (CB) may not be successfully issued, as the CBs are now being marketed to foreigners rather than the initial target of local Indonesian investors


This is copy and paste.... from the most PESSIMISTIC of all the IBs i.e. CIMB


The other IBs do not think so


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02/09/2015 08:22

X
r°Moi .


The continued weakening of the Ringgit against the US$ which is on average 12.7% lower compared to FY14. ~70% of operating expenses....... are US$ denominated.


Another copy and paste......



Ok.. let's say.... indeed.. 70% of operating expenses....... are US$ denominated.


BUT. .... what is not said is.....80%...... 80% of this 70% is for jet fuel... you know how oil prices are dropping like a ton.. dont you??


The rest of the 70% would be for parts and accessories... but 7% of all OPEX has been hedged

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02/09/2015 08:28




Don't just copy and paste... do some analysis...

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Posted by r°Moi > 2015-09-02 12:21 |

Post removed.Why?

Posted by cheeseburger > 2015-09-02 16:46 | Report Abuse

Let's wait for FOMC decision...the rate hike still possible by mid month.