Citibank U-Turn pula, not even Malaysia like u-turn, HK also like U-turn

HONG KONG (Jan 31): Citigroup strategists downgrade AirAsia Group Bhd to neutral from buy and raise their price estimate to RM3.01 from RM2.92 as they expect dividend yields to generate 5.6% total return.

* AirAsia earnings multiple is around a 13% discount to global peers; valuation looks fair as a 13% earnings decline seen at AAGB vs 11% growth at peers, Citigroup strategists led by Kaseedit Choonnawat write in a revised note dated Jan. 31

** Note corrects errors in share-count that affect per-share estimates and PT and rating; fundamental views remain unchanged as do underlying estimates, Citi says

* Cuts 2019/20 earnings ests by 11%/19% to reflect higher aircraft ownership costs and lower leasing income after divesting 79 aircraft in 2018 and a planned 25 in 2019

* See risks from potentially higher airport charges and departure levies, which would equate to additional expense of ~19% of 2019 earnings on an annualized basis; says AAGB may convince Malaysian government not to increase those charges

* See limited pricing pressure in Malaysia’s short-haul market as three key players plan to ease growth into the summer; that’s inadequate to gauge stock-price direction for AAGB as it’s going through a cycle of financial transformation

** “AAGB’s strategy at the current juncture is arguably akin to a private equity, where it invests in businesses from start-ups and exits at attractive valuation such as Thai AirAsia’s IPO in 2012 and the ongoing aircraft divestments”

Tomorrow buy call???

Tomorrow morning Suspend for announcement????

AAC completed

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5968601

See the last page

This is presentation when the 2018 q2 result come out. https://ir.airasia.com/misc/2Q2018-presentation-airasia.pdf

Second thing base on 2018 q2 presentation slide, Tony alreday mention this q3 load factor will be around 82-83%. That meant match with what Tony expect. In the presentation also the Management expect 4th q 2018 load factor will be back to 86-88% base on the current booking. For me 2.38 is at oversold & undervalue price.

Base on the current year load factor, that is consider ‘tak bagus’ will suffer AirAsia operating profit. Low load factor + higher oil price in q3 May affect AirAsia operating profit by 150mil income. But AirAsia current price at 2.38 can consider already count in all this bad segments. The shareprice trade at current value alreday drop 50% from the highest price that is 4.75 in March 2018. For me, this price is undervalue and consider oversold with a company that got cash in hand RM2.00 per share .

https://newsroom.airasia.com/news/2018/10/26/preliminary-operating-statistics-for-the-3rd-quarter-2018

Tony got Korean Ah Moi, guarantee can sleep well lar

But I can’t sleep well this two week, 5099 from 3.05 to 2.45

This week, world to budget airlines started the engine alreday, Ryanair, Easyjet, Southwest Airlines...... you all try to search the data.

Hope all the AirAsia supporters will get big bonus this time, enjoy the ride, sure no bring you all to Holland. AirAsia not even got a lots aeroplane, this Company also got a lots of CASH......

AirAsia will back to RM3.00 soon, 25% from the current price. Oversold.....

Do you thing that is a opportunity or trap??? Just make your own judgment what is the fair value of AirAsia !!!

Now you buy a company that got around cash in hand 1.80-2.00/ per share with the share price only @ 2.40. Is that crazy!!!!! That meant You buy AA with only 60 sen. AirAsia is a cash rich company, do you thing worth to buy @ 2.40???

Today AA already touch the bottom line d, tomorrow will take off above 2.50. You all collect at the bottom line d ?????

Oil touch 77 alreday....

Dare to buy below 2.60. Is the best entry level.

Don’t worry about the price drop, AAGB will back to 3 soon. Next week is a last call to add more.

AAC will completed during next week before 31 Oct 2018. Stay tune for the good news. Special dividend likely more than 60 sen.

What happened today is warrant issuer merchant damp the price down to protect losing a lots when the special dividend declare. This case Tony must take action again those big shark. Tony must show the good 3rd quarter financial result, those big shark always push down the AAGB price when the warrant issue going to expired.

Hope no below this 83% load.

2018 3rd quarter load factor expected 83% by AAGB when they released the 2nd quarter financial report.

Kaka22 The announcement merely says their intention to deal shares during closed period.

This is meant AAB will announce 3rd quarter load factor within these few day.

They got a lots of trading account, Account X sell @ 2.56 the. account Y acquire at 2.56 with big volume.

Special dividend coming soon

All warrant issue merchant play the game, the scare AA will declare special dividend this two weeks. That’s y they press down the price...

One good news and one bad news, how is today price react??? Below RM3 or stay above RM3???

Today will drop due to high oil price shoot above USD85. Anybody still not yet buy can try to buy today, is good time to entry to get huge dividend. Good luck

India case not affected by AGB

Big shark will push up the price to 3.45-3.48 by tomorrow

Rebound one cent ??? Or rebound 5%???

12 Sen dividend

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5801889

JN88, buy AA when drop below 3.30... End of the year will surplus RM4.00. 20% within 6 months, consider good return already.

The earlier is September

End of third quarter for initial part, another 4 months to complete the deal... Tun better, no need one week to settle all the things.

https://www.nasdaq.com/article/fly-leasing-proposed-acquisition-of-aircraft-portfolio-approved-by-airasia-shareholders-cm964221/amp