Aax, time to prove yr critics wrong. Fight back.

Everytine USA runs out of steam, they blame it on others.

More Malindo maths..
Since Malindo Air's maiden flight took off to Kota Kinabalu on March 22 this year, close to 300,000 passengers have flown with the airline.

Chandran said Malindo Air is "conservatively" aiming to double up its passenger volume to 3 million next year.

This is despite its capacity of about 4.8 million passengers, with the airline's average load factor at a level of 70%.

buy gold better....

no merdeka cheer this year...

So many negative reports, plus the KLIA ATC chaos causing more money burned by inefficiency....die standing.

geeze, now IPO cant be trusted...dont waste money.

jeeze, back to 2.65! all gains at 2.70 gone!

Last time I held AA from 1.20 to 70 cents, then back again...

Looks like Rm1.00 is within range...25% drop!

Meanwhile, AAX is dropping like a rock! Stupid stock.

shoot! down to RM1.10? I bought at 1.25, rugi on first day!

Lots of RM56 seats to KK on 28 Aug too.

Just tried booking Dhaka flight on 28 Aug. KL Dhaka is now only RM369, 7 seats and return fare is 457. I can pick any 7 seats I want, so I guess the seats are not picked or flight not full. PRICING SUMMARY
Base Fare MYR 2,856.00 Total Fuel Surcharge, Taxes & Fees MYR 2,926.00 Seat Price MYR 75.00

Damn, running out of steam so early?

HLX4U Karin Phua 400,000 is about 13,333 pax a day. Can be done if all flights full and operating at max sectors.
25/08/2013 18:47

Hmmm...lets give them 22 flights a day with the 739=4000 Pax, 28 flights with the ATR = 2000 Pax...so Maximum could be around 6000 Passengers with a 100% load Karin.....but you can of course still believe in the Malindo Stories :-P.

And after that...how much Money will they burn?
25/08/2013 22:02

HLX4U, how do you calculate 22 flights with the 739? Based on 4 or 6 739?

Just curious how Malindo maths works!
While waiting for AA to recover from shock.

JOHOR BARU (Aug 23): Fast-growing hybrid airline Malindo Air is set to compete head-on for passengers with AirAsia Bhd in India, as it looks to expand its operations internationally.

Malindo, an affiliate of Indonesian budget carrier Lion Air, is looking to launch three routes to New Dehli, Bombay and Kochi in India by October this year, Malindo chief executive officer Chandran Rama Muthy said.

Chandran said the airline which began service in late March 2013, is waiting for the green light from the Indian authorities.

"We are hoping to get a response within the next one to two months from the Indian authorities," he said after the official opening of Malindo's airport-ticketing office at the Senai International Airport here today.

Malindo is expanding internationaly, starting with its maiden flight to Dhaka, Bangladesh next week.

Chandran said the airline is looking to almost double its route capacity to 20 from 11 currently, as it aims to hit passenger volume of 1.5 million by year-end.

He added that the airline has been drawing-in passengers due to its competitive pricing plus the comfort of its services. Malindo has carried close to 300,000 passengers to date.

Malindo's major shareholders are Malaysia’s National Aerospace & Defence Industries Sdn Bhd (NADI) and Indonesia's PT Lion Group.

Malindo is 51% owned by Nadi and 49% by PT Lion Grup, the parent of Indonesia's privately-owned airline, Lion Air.

Lion Air in turn controls about half of Indonesia's domestic air travel market.

Malindo expects to have a fleet of 10 jets and ATR turboprop aircraft by year-end. – theedgemalaysia.com



Read more: http://www.fz.com/content/malindo-fights-head-airasia-india#ixzz2cz8itaBy

400,000 is about 13,333 pax a day. Can be done if all flights full and operating at max sectors.

It is only 4 months away, they expect 400,000 pax a month from Sep onwards.

Mar 22 to Aug 22, 300,000 passengers, then 1.2mil passengers from Aug 23 to Dec 31? That would require all planes to fly daily on max.

We already passed 2nd quarter, results were less than spectacular.

That 10 share may be 10 million shares?

This counter is only a month old. I am not a trader, just going in for long term, better than 4% return in F.D.

Where is Hlx? Cut loss, accumulating or abandoned?

Here is a CAPA report for Malindo fans! http://centreforaviation.com/analysis/malindo-air-launch-drives-20-surge-in-malaysia-domestic-traffic-as-mas-and-airasia-also-expand-124642

Affin Research maintains "Buy" on AirAsia
KUALA LUMPUR: Affin Research is maintaining its “Buy” call on AirAsia with a target price of RM3.80 as the group has shown strong resistance against various market conditions and industry competitions.

“We continue to like AirAsia’s competitiveness, which is well reflected by its strong operating statistics, as well as the group’s regional growth strategy.

“Notwithstanding that, given the recent region wide sell-down, we believe AirAsia could be at risk of selling pressure, considering its high foreign shareholding,” it said in a note on Thursday.

It said for its second quarter, AirAsia posted a core net profit of RM143mil, taking its first half profit of RM303mil.

“2Q13 revenue grew by 5.5% on-year fuelled by a 12% increase in pax carried.

“However, this was partially offset by a 10.0% drop in average fare to RM159. Revenue per kilometre grew by 12.7% on-year ahead of the 12.5% increase in capacity,” it said.

Beside being a permanent resident in AA, where else does this BBBB lurks?

Alien79, you are talking to a tape recorder who keeps repeating news everyday. Buy or sell, you own call. A few years ago, tony said this is a RM5/share company...in today's stiff competition, high old prices and low ringgit value, I am not too sure. But hopefully, (ya, in denial mode), it will make back Rm3.20 and not continue going SOUTH! If monday drop to RM2.60..or 2.40, you guys still dare to buy or not?

loss 11 sens....sigh

opps. closed at 2.64... I took off my 2.65 cos lots of buyers queing at 2.65 and I bought 2.68 instead....wasted....wasted.

How deep is MAS pockets? Yes, can add all the routes and drop the prices as well, but how long will Petronas support this black hole?

lost the window.

queing at 2.65....now 2.67... if goes to 2.60, buy another 20,000 shares.

Pls set the channels back to AA station, thank you.

A person's gender cant be determined from a nick.

Lovers should go to private chat room!

Lots of TP out for todays as AA 2qtr results are out. Most are hovering below Rm3.00 except RHB madcap at Rm3.94. AMDB has the lowest expectations for AA at Rm2.80. Well, cant say BB is all wrong!

worst report of the bunch...very pessimistic...others also hovering below Rm3

Zkingdb.....where do you get your report on the decrease, can you post the link pl?

TP says 1.61...and today 1.16! numbres are accurate, just placed wrong!

BBbb is now our Sifu. Those who sold on his advice would be smiling.

Jerry, don't curse...today is July mid mth in Chinese Calender. Look what happened to that Genting bus.

hell money

Wasted too much funds on this AA. Should hv invested in Tesla instead...sigh.

HLX4U, I concur, I dont know what is the big fuss as this quarter is better than the last, though still in red.

Strange fellows, if you dislike a stock due to its owner, then invest elsewhere, why lurk around here? What is the point of posting derogatory remarks that has nothing to do with the topic or use "local dialect" that has no meaning for foreign investors? This is the internet, not your morning market!

Why mud sling here? No need to hit below the belt, just because someone is low, you dont have to be "Not Just low"....lol..

free fall today. how low is low?

What a boring name....ex-AAJ is now Vanilla. should call it melba, so with Peach Airline, we have Peach Melba! or...Vanilla Sky...staring Tom Cruise as Top Gun pilot.

No news today?