Posted by speakup > 2018-11-19 09:59 | Report Abuse

whistleblowers or blackmailers? http://www.thesundaily.my/news/2018/11/18/tony-fernandes-dismayed-open-letter-exposing-safety-concerns

Posted by DonaldTrumpMalaysia > 2018-11-19 11:55 | Report Abuse

Fake news

Posted by kuan1209 > 2018-11-21 00:38 | Report Abuse

Crude Oil price has just dropped to 52 weeks low tonight, all in AAX tomorrow hehe

Posted by zhen wei & JP > 2018-11-21 03:49 | Report Abuse

Dollar making machine.

Posted by Davidyeap > 2018-11-21 09:13 | Report Abuse

U can all in and waiting qr boom si si

Posted by Flyinghorse > 2018-11-21 09:36 | Report Abuse

Slipping........

Posted by kuan1209 > 2018-11-21 09:57 | Report Abuse

It's not a boom anymore as already expected and reflected on the share price.

Posted by kuan1209 > 2018-11-21 16:02 | Report Abuse

Oil price rose sold at 0.235, oil price drops yet again selling for those accumulate at 0.235 and regret later, again and again.

Posted by 10213460053565287 > 2018-11-21 18:36 | Report Abuse

Gg aax due to fuel price raise last 4month

Posted by USApg > 2018-11-21 18:38 | Report Abuse

Huge loss 197 million

Posted by Nicholasming91 > 2018-11-21 18:38 | Report Abuse

Dont get AA yet. Will drop a bit .

Posted by nich0las > 2018-11-21 18:41 | Report Abuse

wa lao eh.....

Posted by Davidyeap > 2018-11-21 18:50 | Report Abuse

HaHaHa

Posted by Davidyeap > 2018-11-21 18:51 | Report Abuse

Kuan1209 all in

Posted by Davidyeap > 2018-11-21 18:53 | Report Abuse

syiok sendiri

Posted by Chaostrader > 2018-11-21 19:17 | Report Abuse

Omg...197.5m loss....0.15c coming

Posted by Gn021 > 2018-11-21 19:35 | Report Abuse

It was because impairment and feul price


The net operating loss for the group in 3Q18 is RM205 million (3Q17: Net loss RM60 million). This was mainly
contributed by increase in average fuel price from USD65 per barrel in 3Q17 to USD91 per barrel in 3Q18. In
addition, the Group has provided an impairment on amount due from joint venture amounting to RM138.2
million (3Q17: Nil)


Page 26 got say ...............

Posted by Gn021 > 2018-11-21 19:36 | Report Abuse

The Group recorded a net loss of RM197.4 million in 3Q18, compared to the net loss of RM57.4 million in
2Q18. The recorded losses are mainly due to impairment as described in Note 19 and seasonal pattern in line
with the business trend of the Group.

Posted by Gn021 > 2018-11-21 19:36 | Report Abuse

Note 19

Posted by Gn021 > 2018-11-21 19:38 | Report Abuse

*Included in the total impairment of receivables is RM138.2 million (30 Sept 2017: Nil) relating to lease rental
and maintenance reserve due from a joint venture through a third party leasing intermediary.

Page 20

Posted by PeterPan > 2018-11-21 19:40 | Report Abuse

Mayday mayday mayday..

Posted by CITADEL > 2018-11-21 19:47 | Report Abuse

very good result, limit up tomorrow!!!!

Posted by davidkkw79 > 2018-11-21 20:16 | Report Abuse

Losses result, where got good result?!

Posted by supersaiyan3 > 2018-11-21 20:26 | Report Abuse

Poor result.

I noticed maintenance expense has dropped by half, seems the AAX engineers are telling the truth on safety concern.

I will advice my friends and family don't take AAX flight for the moment.

Airasia also will suffer.

Posted by ChoCho > 2018-11-21 20:28 | Report Abuse

1 off impairment. Next quarter back to normal.

Posted by angkokann > 2018-11-21 20:33 | Report Abuse

tomorrow q 0.1

Posted by Gn021 > 2018-11-21 20:36 | Report Abuse

If without Impairment loss rm 138 millions and the fuel price rise almost 120++ millions, this quater should be profit ....

As u can see Staff cost drop, Depreciation up(depreciation can't do anything), Maintenance and overhaul drop almost 100 millions (this 1 they are doing very good, save almost 100 millions), Other operating expenses (because of the impairment)

Posted by Gn021 > 2018-11-21 20:37 | Report Abuse

AAX price drop from 0.34-0.36 sens to now 0.24 sens had already price in the rise in fuel price

Posted by kenneth_lbw > 2018-11-21 21:00 | Report Abuse

i think tomorrow AAX what price, most guy alr have answer.

Posted by CITADEL > 2018-11-21 21:07 | Report Abuse

tomolo 0.3 opening la!!!

Posted by kenneth_lbw > 2018-11-21 21:16 | Report Abuse

i think somebody will take opportunity goreng up goreng down...patient

Posted by Yu_and_Mee > 2018-11-21 21:27 | Report Abuse

Will there be privatisation possible?

Posted by BN_better > 2018-11-21 21:38 | Report Abuse

Revenue drop YOY behind big loss. Got Rafidah and PH what can they do? It is BN made the difference.

Posted by Sniper86 > 2018-11-21 21:53 | Report Abuse

tomoro AAX will gap down..perhaps 0.18 and AirAsia to be dragged down by AAX

Posted by Gn021 > 2018-11-21 21:58 | Report Abuse

KUALA LUMPUR (Nov 21): AirAsia X Bhd (AAX) was hit by a RM138.2 million impairment on an amount due from a joint venture in its third quarter ended Sept 30, 2018 (3QFY18)

Posted by Gn021 > 2018-11-21 22:01 | Report Abuse

“The company expects operational cost ex-fuel to be lower in the coming quarters, as it starts to see fruits from its cost-saving initiatives, mainly driven by lower aircraft lease rates, cheaper ground handling at foreign stations and from unlocking operational network synergies with short-haul affiliates,” it said.

The airline is adding four aircraft to its fleet this year, two via leases by AirAsia X Malaysia, with one already delivered in October. AirAsia X Thailand is expecting the other two aircraft before year end.

Posted by Gn021 > 2018-11-21 22:02 | Report Abuse

“Based on the current forward-booking trend, forward loads are ahead of the previous year. Bookings in the coming months are expected to be stronger year-on-year,” AAX said, not discounting headwinds like fuel cost pressures and intensified competition.

“Notwithstanding concerns over global trade tensions, demand in the short term is expected to remain healthy,” it added.

Posted by LGMGL > 2018-11-21 23:18 | Report Abuse

Now Everyone Can Fly Xtra Long to Holland

Posted by Gn021 > 2018-11-22 00:03 | Report Abuse

http://www.enanyang.my/news/20181121/%E8%BF%87%E5%89%A9%E5%BF%A7%E8%99%91%E5%8A%A0%E5%89%A7-br-%E6%B2%B9%E4%BB%B7%E8%A7%A6%E4%B8%80%E5%B9%B4%E6%9C%80%E4%BD%8E/?fbclid=IwAR3wHM0Hul4qHDwHL_W7Y5w3Or1xTEv7Bt3kFcdJWl0cwuG1wJkeFfzqVcs

Posted by Gn021 > 2018-11-22 00:25 | Report Abuse

Study the report Carefully

Hints, * Staff Cost, *Depreciation, *MAINTAINANCE OVERHAUL,*Foreign exchange gains/(losses),Share of results of an associate,Other losses

Posted by Gn021 > 2018-11-22 00:26 | Report Abuse

u compare few quater, u will find out something,

btw, current price is 0.24, before qtr report moment is around 0.30-0.40

Posted by kuan1209 > 2018-11-22 00:44 | Report Abuse

The Company’s performance in third quarter 2018 was impacted by the hike in fuel price and the provision for doubtful debt in relation to our Indonesian associate. However, we are confident that positive growth will return in coming quarters on the back of improved fare structures and better cost efficiencies.”

“Additionally, the Management maintains prudence in monitoring our operating expenses and are actively looking for more avenues to reduce cost ex-fuel further. Based on the observed booking trends, we are confident that the Company is in-line with a better 4Q18 as current forward load exceeds that of the previous year.”

Fuel price down, doubtful debt clear, 4Q18 show time.

https://newsroom.airasia.com/news/2018/11/21/bwxa920pk5ilr8258hy6jukx3sn1p4

Posted by CITADEL > 2018-11-22 00:45 | Report Abuse

bla bla bla, 2molo gap down or gap up?

Posted by Gn021 > 2018-11-22 04:44 | Report Abuse

Tomorrow will drop but not much la, maybe 0.215-2.22, Of course la, sure got panic sell, see lost 4 sens, sure panic sell lo.
Not everyone will study the QTR report mah, But price will up back la, Once they realiase there are 138 millions is Impairment, and it was due to high fuel price. Now oil price is $63++ already, not like before Jun to Sep $75-85.

Others all cost all also decrease, only this IMPAIRMENT and Fuel expenses

I had compare this 3 years quarterly report, this quarter Performance is Good.


With 1077 millions Revenue, but only 90 millions Staff Cost, only 8%, others quarter Staff Cost around 9-10 %

Depreciation increase, it is Depreciation, not control by AAX, price of property, plant and equipment down then depreciate much, if price up , the depreciate less


Fuel expenses, Cost around 447 millions. If you compare with year 2017, there are only around 350 millions fuel expenses each quarter , If you compare with 2016, there are only around 250 millions each quarter.
There different is Very Very huge compare 2018 with 2017 or 2016, different around 100-200 millions !!!


But now High Oil Price is Over !! you can check back Oil price chart, Jun 2018 to September 2018 average brent price is around $75-80. But what you see now, Starting from October 2018 Oil price drop very kau ok !! From $80 drop untill now only left $63. Already drop $ 20

This is the reason Why those director say that coming quater result will be Good, that why, Oil Price now only $63, who also know coming will be good lo, oil price $60++


Maintenance and overhaul, this part AAX do EXTREMELY good, AAX is focus on Long Haul flight, this different with Air Asia, Air Asia is short Haul flight.

With higher Revenue, Maintenance and overhaul will be more higher, you know lo, use more plane, more flight, create more Revenue.

Now only cost 114 millions with 1077 millions Revenue.
You can compare with other quarter, NORMALLY Maintenance and overhaul cost AAX around 150-200 millions !!

From today Result, Compare with last 2017 QTR 3 cost 233 millions, this 2018 QTR 3 only 114 millions, save more than 100 millions already


2017 QTR 4, AAX Maintenance only 75 millions, that why at that time AAX price up around 10 %


User charges and Aircraft operating lease expenses Cost also decrease !! but not much only 10 millions each, it consider a bonus


Other operating expenses, hello, this 1 everyone also know lo, It is impairment !!!! Quarter report got mention IT IS IMPAIRMENT !!! One Off only !! If deduct this 138 millions, it is only 77 millions !! Check Page 26 of the qtr report


If not because Oil Price and Impairment, AAX this quarter is profit much, at least 50 millions profit, all the others cost Drop much,
Do take note, NOW oil price already drop, now $63 only , not like Jun 2018 to September 2018 $75-80.

Posted by Dylan Yong Hua Tai > 2018-11-22 07:01 | Report Abuse

Gn021, talk & write long long statement also useless. Qtr profit drop, share price will drop, this will happen today and this is called normal phenomena. FA may be good but it is only suitable for the intrinsic value analysis. In stock market all share price will impact by the numbers stated in qtr report and the banker. Banker push-up then price up, banker press down then price down. Insider buy before the the good new announce, price up....price down before the bad news coming out. We, retailer only can play by follow the market trend, remember we are small fish not the Meg.

Posted by newbie911 > 2018-11-22 08:31 | Report Abuse

Tis quarter has defer taxation of 50mil.
If exclude tis and need pay actuall, loss will be bigger.
Probably right issue also coming as mentioned by cimb report due to depleting operating cash.

Posted by fong7 > 2018-11-22 08:32 | Report Abuse

Tony is definitely one of the biggest con man in Malaysia history. Remember how he talked about Airasia X when looking out for IPO. IPO price at 1.25, watch how it performed all these years. Wondering how those big shareholders think now. And he still plans for other listings in other countries, what a con man master.

Posted by adi85 > 2018-11-22 08:57 | Report Abuse

runnnnnnnnnnnn

Posted by Wongthk > 2018-11-22 09:04 | Report Abuse

Waterfall

Posted by kuan1209 > 2018-11-22 09:06 | Report Abuse

Why run? Retailers run when everything is clear and profit is coming. This is why retailers always lose.