r°Moi

HaHaHa..... just want to see what the minorities in the other sides are made of

Well.... apparently of not much conviction in their fight at all... when the going gets tough all gone already.. that is why the prices of OSKP and PJD have dropped to below the offer prices

2015-03-13 17:32

r°Moi

AirAsia has lots of foreign shareholders... as such... the best counter to reflect foreign funds' sentiment.... and that sentiment is like.. Let's get the hell out of here!!!!

If this is true then you and I who have bought recently and the whole BursaM are in big trouble liao.....

2015-03-17 18:13

r°Moi

(i) Forward Foreign Exchange Contracts

As at 31 December 2014, AirAsia Berhad has hedged approximately 50% of the dollar
liabilities of its aircraft and engine loans into Malaysian Ringgit (“MYR”) by using long
dated foreign exchange forward contracts. The latest weighted average of USD/MYR
forward exchange rate is 3.2377.

(ii) Interest Rate Hedging

As at 31 December 2014, the Group has entered interest rate hedging transactions to hedge
against fluctuations in the US$ Libor on its existing aircraft financing for aircraft delivering
from 2005 to 2014.

(iii) Fuel Hedging

As at 31 December 2014, the Group has entered into Singapore Jet Kerosene fixed swaps
which represents up to 50% of the Group’s total budgeted fuel consumption for year 2015.

2015-03-19 08:40

r°Moi

Aaaaaaaaaaaaaaaaaaaaaaaaaaaa





Slippery slope.. Slippery slope..

This must be resolved ASAP

MASTEEL is going down a slippery slope.. full speed.. head first... into all things bad nothing good

2015-05-07 08:17

r°Moi

Aaaaaaaaaaaaaaaaaaaaaaaaaaaa

















X


r°Moi iv. Based on the above procedures conducted, legal opinion by a professional legal firm and understanding obtained from management combined with perusal of contracts, the advance payments received from the foreign trading house have been properly accounted for as trade deposits in accordance with MFRS.”



......have been properly accounted for as trade deposits in accordance with MFRS


This just says it is properly recorded....



What about why it is there in the first place??? MASTEEL needed financing?? Cash flow how??
Never conclude the orders.. cancelled them yet MASTEEL has to pay cancellation charge??


Further implications of the cancellations... How about the goods itself?? What happen to those inventories which have been produced to satisfy the orders now that the customer has cancelled its purchases?? Leave to rot...................

22/06/2015 12:54

X


r°Moi One big customer still not yet paid up fully??


Goods from them subsequently truly needed or not?? Or... just for contra with the debt quickly
to make the debts small??

22/06/2015 13:01

2015-06-22 14:44

r°Moi

r°Moi Calvin


For ARMADA... watch out... one of its big FPSO client AFREN LTD is in 2nd default of loan payment... and is bankrupt begging for a restructuring... But even the Chinese don't dare to touch it cos its production cost in offshote Nigeria is around USD 75 vs oil prices at USD 60 for long time to come


AFREN LTDs share price.. 52 wk high 151.60.. 52 wk low 1.28.. 1.28 done just few days ago...


There will be bad debt for ARMADA from here.. and impairment on idealing FPSO too
27/06/2015 10:42

2015-06-29 09:09

r°Moi

.




Commentary on prospects

The Group will not be taking any delivery of A320 aircraft in the second quarter of 2015.
In Malaysia, we see strong demands in the second quarter of 2015 with average load factor
forecast at 80%. This was partially contributed by the overall improvement in passenger
volume from China. MAA is working on increasing capacity in the second quarter to meet
the strong demand.

In Thailand forward loads and average fares for the remaining months of the second quarter
of 2015 looks optimistic as the business environment has picked up. TAA will continue to
focus on domestic, southern China and Indo-China routes in the remaining quarters of
2015.

In Indonesia, average fares for the remaining months of the second quarter of 2015 are
higher than in the prior year. Demand is expected to remain moderated post-QZ8501 but
is expected to improve leading up to the peak season as brand recovery efforts launched
in April by IAA take effect.

In the Philippines, average fares for the remaining months of the first quarter 2015 are
higher than in the prior year. PAA remains on track with its turnaround plan with a focus
on increasing frequency of the high yielding routes.
In India, despite being only a few months into operations, the forward loads remain
buoyant. AirAsia India will remain focused on building a footprint in the Indian domestic
market with the introduction of new routes and frequency increases. A new hub in Delhi
will be opened in the second quarter of this year.

The outlook for the second quarter of 2015 should be seen in the context of the price of
aviation fuel, which has seen significance recent declines. A lower fuel price has obvious
benefits for the airline industry, but the lower prices have been partially offset by weaker
currencies against the US dollar, across all Asean nations.

However, barring any unforeseen circumstances, the Directors remain positive for the
prospects of the Group for the first quarter of 2015 and the remainder of the year.

2015-07-19 15:48

r°Moi

.



This is the problem isn't it??

All has become unconditional on 20 July 2015..........................


So OLH is saying now........ HaHaHa.. so the price drops now.... so what... WTF can you all do??? All unconditional now.... RHB RHB... HaHaHa


Unbecoming behaviour of OLH.... sigh

2015-07-20 19:14