@Eatcoconutcanwin when airasia business is injected into AAX, there will be heavy dilution and uncertainty what it will cause to it balancesheet. Airasia is so much bigger.
Reversal of provisions on debts and investments amounting to RM265.9 million 31/03/23------AAX repoted this Expenses as Positive " 215.9 million" that mean advertising and promotion, professional fees, insurance, rentals and maintenance is RM 215.9-265.9 =RM (50 million) ***STony is a Fantastic services provider, will charged you an arm and a leg for the services provide.
Posted by SinGor > Jun 1, 2023 3:06 PM | Report Abuse Other operating expenses: ( as explain in AA Books ) Other operating expenses mainly includes advertising and promotion, professional fees, insurance, rentals and maintenance. _____________________________________________________
31/03/22------AAX reported this Expenses as Positive " 33.6Billion "---Kill All loses 31/03/23------AAX repoted this Expenses as Positive " 215.9 million "----Boost Net profit to 300mil++++ As i said Tony is a Fantastic Accountant
I bought since 1.87 as international news prompt up airline earnings 5-6 fold . Bonus for employees around 10 fold. Now aax seems like overturning to holland
Evenyone here in i3 knows rr88 8 out of 10 predictions are koyak based on his so called TA. The secret of his investing strategy is "I have no shame". While he claimed others talking kok he forgot he's the biggest kokster.
The key takeaways from the analysts briefing yesterday are as follows:
1. The group is on track to announce the details of its PN17 regularisation plan in July 2023 with completion expected by end- 3QCY23. The delay was due to the need to incorporate the latest FY22 audited figures. We gathered that the group plans to divest its aviation group to AirAsia X in exchange of shares for subsequent distribution to its shareholders.
Quote," i3lurker situation is different today see PIA case plane seized in Malaysia, last few days if Stony orders plane lessors to take RM1.00 for RM100.00 owings, plane lessors will take plane instead. Coz there is a demand for planes now. Plane lessors want RM100.00 for RM100.00 now" unquote
Below is how much per quarter capitalA need to pay to lessors: ***Interest is increasing and USD is geting stronger. If I am not mistaken the right of use asset is in USD and so are many CapitalA borrowings are in USD.
Depreciation on right of use asset Quarter ended 31/3/2023 RM million Quarter ended 31/3/2022 RM million Operating aircraft: 213.0 : 135.8 Non-operating aircraft :112.4 : 209.5 Others: 0.6 : 0.8 326.0 : 346.1
(ii) Finance costs - lease liabilities Quarter ended 31/3/2023 RM million Quarter ended 31/3/2022 RM million Operating aircraft: 108.1: 66.9 Non-operating aircraft: 61.0 : 93.3 169.1 : 160.2 02/06/2023 6:58 AM
To my observation , 1.70 seems to be the resilience level with supports felt. PP has been determined at 1.55 based on the average price of 1.70 .Hence ,there is no reason why it can descend beyond 1.70.
PN17 is irrelevant now. The prospects of drawing big income due to the overwhelming demand for flying remain brighter than expected. Both AAX s and Capital A 's regularisation plans have been well-structured in place. Hence, there is no reason why there should be panicky selling.
No its not this thing can go lower some more to 1.60 level !!! if u don't see any green candle with buy signal don't assume it can go back up so easily do see the chart well don't lead people to holland !! and stop talking about your FA analysis to measure price movement its useless study TA Charts with volume much better joyvest
It is oversold position. The panicky running chicken heads seem to have been flushed off. It is expected to fly to the moon very soon
Between the short spell of 26/5 to 1/6 , it is observed that there were 580,000 lots ( 58 million shares ) changing hands. The total PP in issue was only 32miliion. Assuming all the PP have exited between the said spells by now , what are you still worried about ? It is believed that difference of 26 m ( 58m-32m ) was due to panicky selling by panicky running chicken heads.
The candle of yesterday was cross over which could turn into bullish or further bearish today . But gathered what was mentioned earlier on, there is no reason why it continues to be bearish...
If you believe in TA, you believe everything. You become the easiest target to be attacked as your move is betrayed by the TA. TA is just one of the quantitative factors which should be used in conjunction with the qualitative factors but sadly , most buggers fail to consider the qualitative factors as they are hard to get by. Those who have both can beat the market. In the absence of both, it is better than none.So your TA is still ok but incomplete meaning it can not be relied upon completely.
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....
EatCoconutCanWin
6,690 posts
Posted by EatCoconutCanWin > 2023-06-01 16:35 | Report Abuse
Why aax earn so much money but the share price keep dropping. They give bonus to employees?