KLSE: AIRASIA (5099)       AIRASIA GROUP BHD MAIN : Trading&Services
Last Price Today's Change   Day's Range   Trading Volume
3.06   0.00 (0.00%)  3.05 - 3.08  2,295,800
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Market Cap: 10,260 Million
NOSH: 3,342 Million
Avg Volume (4 weeks):9,577,621
4 Weeks Range:3.00 - 3.52
4 Weeks Price Volatility (%):
52 Weeks Range:2.92 - 4.75
52 Weeks Price Volatility (%):
Average Price Target: 4.45
Price Target Upside/Downside: +1.39

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2018 [#2]  |  30-Aug-2018
Next QR | Est. Ann. Date: 30-Sep-2018  |  29-Nov-2018
T4Q P/E | EY: 4.31  |  23.21%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 2.46  |  1.25
T4Q NP Margin | ROE: 22.11%  |  28.97%


Date Subject
20-Sep-2018 ‘Don’t design airport based on a single airline’s demands’
19-Sep-2018 Fernandes: Trump is right, quarterly reporting unnecessary
19-Sep-2018 It’s a full day for staff and kids in AirAsia
19-Sep-2018 Mavcom report shows 38.1% rise in complaints for Jan-June
17-Sep-2018 AirAsia boss confident ringgit will strengthen over next 6 months
17-Sep-2018 Budget Carrier AirAsia Is Trying to Become a Lifestyle Booking Site
17-Sep-2018 AirAsia subsidiary sees 10% revenue increase from BIG Xchange
17-Sep-2018 AirAsia makes it easy to transfer points
17-Sep-2018 AirAsia sets up new firm in Thailand to provide services to its subsidiaries
14-Sep-2018 Tony Fernandes : While China’s still in AirAsia plan, Southeast Asia is priority
14-Sep-2018 AirAsia 2Q 2018 Analysts & Investors Earnings Briefing
14-Sep-2018 Daily Technical Highlights – (REACH, AIRASIA)
13-Sep-2018 Tony Fernandes on AirAsia: Oil price makes it easier for me to drive change
13-Sep-2018 AirAsia’s newly promoted e-sports head: ‘We see ourselves as a giant start-up’
12-Sep-2018 Mplus Market Pulse - 12 Sept 2018
10-Sep-2018 AirAsia, Indonesian firm eye Clark airport
10-Sep-2018 AirAsia upgraded to seven stars at AirlineRatings.com
10-Sep-2018 AirAsia - A partnership based on common goals
09-Sep-2018 AirAsia passes major international safety audit
08-Sep-2018 Philippines AirAsia may postpone IPO to mid-2019

Business Background

AirAsia Bhd provides air transportation throughout Asia. The airline operator focuses on delivering lower fares without a host of other amenities. It does not provide frequent-flyer miles or airport lounges, but looks to cater affordable transportation to all customers. In-flight meals and drinks are additional purchases available to customers. All short and long-haul flights are nonstop, and the company focuses on high frequency and high turnaround of flights. Operating segments are grouped by geographic regions. Revenue derived from Malaysia makes up the majority of revenue, but the company does hold material operations in several Asian regions.
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  89 people like this.
圆殊 At What price should i buy? lolz
19/09/2018 09:16
bushtrump AA flies high high loh...
19/09/2018 09:24
toto If yr heart has peace, U won't utter bad words.
19/09/2018 09:24
bushtrump Same to u
19/09/2018 09:24
toto Don't run before epf. Epf will use tactics to run before U.
19/09/2018 09:26
toto See u guys next week. Bye bye
19/09/2018 09:27
bushtrump Epf use kb then we harness their energy by using taichi mah..cipek toto no chance buy low loh Ha ha ha...
19/09/2018 09:34
beowulf Something is brewing? Where is sitar man?
19/09/2018 09:45
bushtrump He doing concert here next week lol
19/09/2018 09:52
19/09/2018 10:13
jordanmaggie61 Good potential stock, bought it !!!
19/09/2018 10:37
bushtrump Where is toto? Hiding in disguise? Bought already? lol
19/09/2018 10:42
KAQ4468 Toto ada

Magnum ada

Kuda ada
19/09/2018 10:59
KAQ4468 M Box ada

I Box ada
19/09/2018 10:59
freddiehero guys almost come closely..
19/09/2018 11:03
freddiehero dvd announce soo? wakaka..
19/09/2018 11:04
EasyInKlse No hope this airasia
19/09/2018 11:26
Yael Jasper This quarter is making very good profits, the best ever!
19/09/2018 11:39
JN88 If you buy now....another 90 days can get the dividend ....rm0.8-rm1.... this price is totally undervalue
19/09/2018 11:49
JN88 The only reason price low is EPF main main......look at Penta KWAP main main until 14% now price up from 1.7 to 3.65 today....
19/09/2018 11:50
JN88 KWAP and EPF have their way to increase stake...... everytime they buy price drop...this is the sign..
19/09/2018 11:51
JN88 RM250-RM300 million sales of expedia will be count in Q3.....wakakaka this Q3 will be supergood.
19/09/2018 11:52
EngineeringProfit Sailang yesterday ady
19/09/2018 11:55
JN88 PETALING JAYA: AirAsia Group Bhd has divested its remaining 25% stake in its joint venture (JV) company AAE Travel Pte Ltd for US$60 million (RM240 million) to the 75% stakeholder, Expedia Inc's Expedia Southeast Asia Pte Ltd, in a bid to monetise its investment and utilise the proceeds as working capital.

AirAsia divested the other 25% interest it had on March 10, 2015.

The group announced in a bourse filing yesterday that it has executed an agreement for the disposal and the cash purchase consideration is net of AirAsia's concurrent purchase of AirAsiaGo.com domain names and related assets from AAE Travel by Travel 360 Sdn Bhd.

AirAsiaGo.com, which offers a full suite of travel products including AirAsia flight and hotel packages featuring Expedia Group lodging content, will continue to be powered by Expedia Group.

In accordance with the asset transfer agreement, the JV company will transfer its right, title and interest in and to certain assets related to the AirAsiaGo business and brand to Travel360, while the private label and co-brand agreement by Travel360 stipulates that Expedia will provide certain private label services in respect of the AirAsiaGo business to AirAsia Bhd.

"This sale represents the divestment of the last of our non-core investments from the previous round of joint ventures. These proceeds will be used to develop big unicorn products such as BigPay, Travel 360, Redbox Logistics and Ourshop.

"This first set of joint ventures has taught us a tremendous amount and shareholders who have seen huge returns from our first round of partnerships haven't seen anything yet," group CEO Tan Sri Tony Fernandes said in a separate statement.

“Expedia Group has been a great partner to AirAsia and we look forward to continuing to work very closely in the future, particularly regarding regional and global distribution of AirAsia flights, he added.

Meanwhile, Expedia Group president and CEO Mark Okerstrom said the acquisition of full ownership of AAE Travel reflects the group’s full belief in the immense potential of the Asian travel market of over US$485 billion.

The joint venture was formed on March 29, 2011 to establish an online travel agency with three main brands, namely, AirAsiaGo, GoRooms and Expedia.
19/09/2018 11:56
JN88 RM 240 million will be one off gain for Q3 if not mistaken...
19/09/2018 11:57
JN88 AIRASIA is selling its remaining 25% stake in AAE to Expedia SEA for USD60.0m (RM240.0m). Positive on the disposal as it is in line with group's direction to focus on core business and will lighten the balance sheet. BUY with a Target Price of RM4.80 pegged to 9.0x FY18E PER (4-year average), coupled with RM0.78/share special dividend. AIRASIA's net gearing has improved post Asia Aviation Capital (AAC) disposal coupled with further asset monetization plans from Santan/Red Cargo/Expedia to honour their intention for special dividends every two years. We foresee immediate catalyst from the finalization of special dividends (est. RM0.78) from the recent sale of AAC (USD1.1 bn or RM4.4bn) in March.

AIRASIA's disposal of its remaining 25% in AAE Travel Pte Ltd (ME) to Expedia Southeast Asia Pte Ltd (Expedia SEA) for a total consideration of USD60.0m or RM240.0m based on an exchange rate of USD1.00 to RM4.00. The transaction is expected to book in gains of disposal of c.RM181.6m, to be concluded by 3Q18. We are positive on the disposal; (i) as it is in line with AIRASIA's strategic direction to focus on their core airline business by growing its Air Operator Certificates (ADCs), and (ii) lighter balance sheet with net gearing reduced from 0.90x (as of 1Q18) to 0.87x. Nonetheless, we do not expect any special dividends from this disposal as we believe that it would be used for working capital.

Moving forward, AIRASIA strives for One AirAsia whereby they intend to consolidate and own 100% effective stakes in Thai (current effective interest 45%), Philippines (current effective interest 19.6%), and Indonesia (current effective interest 49%) operations through share swaps. They are also targeting to list Philippines AOC by 2019. For FY18, AIRASIA plans to place higher focus on their domestic routes by transferring out their longer haul 4-hour flights to AAX.

We expect further improvement in utilisation post restructuring of routes. In terms of further asset divestment, we are looking forward to potential sale of Santan and Red Cargo.

Source: Rakuten Research - 16 Aug 2018
19/09/2018 12:01
JN88 AIRASIA's disposal of its remaining 25% in AAE Travel Pte Ltd (ME) to Expedia Southeast Asia Pte Ltd (Expedia SEA) for a total consideration of USD60.0m or RM240.0m based on an exchange rate of USD1.00 to RM4.00. The transaction is expected to book in gains of disposal of c.RM181.6m, to be concluded by 3Q18.

181million in Q3 buta buta gain
19/09/2018 12:01
KAQ4468 RM181.6m, to be concluded by 3Q18.

waaaaaaa... buta buta dapat untung
19/09/2018 12:21
KAQ4468 cantekkkkkkk
19/09/2018 12:21
JN88 KAQ4468:

This sale represents the divestment of the last of our non-core investments from the previous round of joint ventures. These proceeds will be used to develop big unicorn products such as BigPay, Travel 360, Redbox Logistics and Ourshop.

Next :
Travel 360
Redbox Logistics

wakakaka so many can sales.....

Not like SAPURA after sold no more can sell...
19/09/2018 12:29
EngineeringProfit Pray hard for this flight ....and those who got trapped in Sapura...

Pray for a brighter tomorrow.
19/09/2018 13:55
Kaka22 tony just said more costs to incur in near term operations..... for long term growth...
19/09/2018 16:41
Smart_invest shark is playing game... shhhhh.... if continue drop? then continue buy
19/09/2018 16:43
factorrumour high costs to incur still can be cushioned with the sales proceed from airplanes disposal.
19/09/2018 16:53
Smart_invest U know why TF want make bigpay? How bigpay affect AA future? Our country still dun hv a real e-wallet which standardised for all malaysian. Thats why someone keep on collecting, annoucement shows all truth. why disposal of so many asset? Bigpay.... reduce liabilities and concentrate on bigpay and improve flight
19/09/2018 17:08
yuefei01 Post removed. Why?
19/09/2018 17:18
Investor48 Anything below 3.60 sapu..!

19/09/2018 18:39
freddiehero good idea..
19/09/2018 18:41
freddiehero bigpay tats wat i like.. tony can make the whole world use it. coz everyone need fly everywgere with aa..
19/09/2018 18:43
Shernius Jz saw the announcement, they incorporated a new technology centre. Very good and future investment in technology is good. Kudos to AA management
19/09/2018 18:49
JN88 Big pay more powerful than e-wallet....big pay just like Euro
19/09/2018 19:12
JN88 Europe use Euro, Asean use Big pay
19/09/2018 19:54
freddiehero ic thanks info
19/09/2018 20:10
EngineeringProfit Are we expecting any long haul flight 2molo?
19/09/2018 20:17
factorrumour after opening a subsidiary in thailand, now another in india, something is brewing?
19/09/2018 20:46
Wei Wong Collecting edi !! Haha
19/09/2018 21:01
Smart_invest i dont think so fast fly.... will slowly up or drop abit until another new annoucement trigger it to fly. Nw is collecting mode, u can see it today.... when price drop... there will have a support, but when it gonna fly, u can see that someone is pressing the price down. Bad news is we need to wait someone collect finish only will fly.... good news is it for sure will fly.... but dunnoe when xD
19/09/2018 21:03
JN88 Maturity value for Big Pay at least 1-2 years.....the time when your neighborhood ask you to use big pay. That's the value appear.
19/09/2018 22:19
Administrator earned so many referral rewards from my neighbors
19/09/2018 23:00
Wei Wong I think coming soon up not a lot lah but ok lah !! Will not sell until it reach 10 above only think !!
Why ??
You all know everyone first choice is still Airasia for middle income people & low income people & business flights & company trips !!
20/09/2018 11:15


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