aax is trying to find the perfect formula for budget long haul flight..which no airline in the world can succeed...if aax can do it...then its a gold mine...i c that it is moving in the correct direction..but it really takes some time...
but i beleive aax will succeed sonner or later...they hav made tremendous effort in cost cutting..all they needs is to minimise the effects of high oil price..n increase ancillary income ...which they are taken big steps...they jus need more time...
surprisingly not so much panic selling. That means the share price 0.235 already reflected this QR since Tony had mentioned about it long ago, and people are expecting good quarters coming. Oil price down, new plane is coming with more fuel efficiency. The group's strategy is to acquire as many market share and gradually increase the fare, we need to look long term.
The carrier said the average fuel price in 3Q18 had increased to US$91...i dun remember seeing consistent fuel price at 90 n above...the highest is 87 n it lasted only a few days n then it comes crumling fdown in oct....from jul to sep...the ave think about 80...how did they got the 91 average for 3 month...
Heyyy, little monkey Bro, you cant compare like this laaa. U forgot 1 important thing laaaa. During 2017 US and Saudi no cooperateeee and the AAX share price, AAX at 2017 have not much potential to UP ! But now 2018 have potentialllll
Btw ,What price is AAX at 2017 ? What price is AAX at 2018 ?
AAX at 2017 Average price around 0.40 sens la, you try check back AAX 2017 Chart, give U very very very very lucky only can get 0.35 sens
But Current AAX only 0.23 sens, Current AAX have much more POTENTIAL to Rise !!!
Short term, can go untill 0.24 or 0.25, Long term may go 0.27-0.28 sens or above 0.30 sens !!!
Somemore, what if No.1 and No.2 really make the promise? drive Oil price even lower ?
This time is not play play, World No.1 and No.2 Oil export country Donald Trump and Saudi is seriously want to push down the Oil price
with World No.1 and No.2 Oil country Cooperation, Trump already say want to drive the cost of crude EVEN LOWER !! Oil price have much more to drop.......
Not so soon... 4th quarter oil price still high half way ... Q1 2019 looks interesting. Oil price crash in 2018 is a reality but it happens almost at the end of the year basically because there is a lag in oil production set up and decommissioning. Anyway, once it starts , i hope it goes to USD 30/ barrel .
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....
Mohd Yazid Mohd Ali
658 posts
Posted by Mohd Yazid Mohd Ali > 2018-11-22 09:08 | Report Abuse
PN 17 VERY SOON ?,RUN FOR YOUR LIFE