lolz these are the info that market already know....we are talking about the future dude. Figure everybody can obtain...its public info. come on man, something more useful
Airasia problems are caused by Tony strategic approach - change from the previous asset rich to light asset company by hiving off all planes to a new company for cash and rent back the planes on long term contract. Thats how they are able to pay 90seb dividend per share. To me its more like Tony getting back some cash after subscribing to a big chunk of AA shares thru rights issue at a low price. Now with all planes grounded but contractual rental obligation you can foresee the future. Its in danger of going bankrupt. We have not even factored in the fuel hedging done before the oil price crash. Fly or no fly when the contract expires you must pay for the difference as loses. Assuming USD 50 to 70 hedging price compared to now USD 20 plus. For a company in danger of collapse would you pay 70sen plus. I would be looking at 10sen
LMAO old man like me also know what is MFRS 16, perhaps you go and check what is MFRS16 or IFRS16. Lease of use asset 12.2 bil ST Lease Lia (2.1 bil) LT Lease Lia (10.1 bil)
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....
Connie555
180 posts
Posted by Connie555 > 2020-04-18 16:20 | Report Abuse
lolz these are the info that market already know....we are talking about the future dude. Figure everybody can obtain...its public info. come on man, something more useful