And..... hope this is not a forced buying....

Well... there is a divvy... let's take one day at a time... be steady

Talks of low jet fuel price and strong RM have made people want to sailang only....

Conveniently... forgetting about the problematic IAA PAA totally....

IAA PAA AAI JAA AirAsia all need money... big money... now the problem is coming back to haunt Tony


It is about the Short Term Note in multi currencies... that Tony mentioned in around January

This is not so good....

This confirmed AirAsia needed the cash... but Tonys original plans to raise cash are not working out...

Cannot get the cash elsewhere... gearing too high maybe.. have to beef up the share capital... before any bankers want to even look at it


IAA needed fresh fund.... no IPO... not even pre IPO... and local JV partners also have pumped in a lot last year

PAA needed fresh fund... but IPO maybe in 2018 only... also no pre IPO

AAI... TATA is ready to pump in fund... can AirAsia match it??

JAA... same

AirAsia is the strongest... but its balance sheet is already stretched... cannot even do the Multi Currency Short Term Note??

Talks of low jet fuel price and strong RM have made people want to sailang only....

Conveniently... forgetting about the problematic IAA PAA totally....

IAA PAA AAI JAA AirAsia all need money... big money... now the problem is coming back to haunt Tony


It is about the Short Term Note in multi currencies... that Tony mentioned in January

Not exactly good timing to raise foreign currencies... now that RM is in the 3.8x

One of the reasons for this sale and leaseback thingy... is to appease the GMT...

AirAsia has been doing it gradually... no announcement on it necessary

Something is cooking.... something big is cooking... announcement soon

Future with Everbright could well be bright... but will take time o

OMG... private placement is not good news o

Pushed forward the announcement of dividend... likely to be something that touches the share capital??

Very good timing.....

Foreign funds are very good isn't it... they come just days before the RM appreciates... so precise

Will they leave when the RM has appreciated??

Still lovey... still honey.... but.. big funds like want to sell only...

A bit of volatility... is healthy... provides opportunities

lol... seriously consider.. is this just the beginning? will the buy Q at below 1.77 that you see now be there tomorrow??

Closing 1.77..... very professional isnt it?

You have made r°Moi thought you always cross sword with the professionals... but looks like you have not a clue... : )

traderman the operator so stupid push down so low for us to collect and sell at 2.0 ... woohoo ... stupid operator
29/03/2016 13:57

Shark power.. or sea cucumber power?

A comme amour

2.21... got to be kidding

Privatisation is not good... Tony only holding about 19%.. cant speak for everyone man

: )

And if China Everbright has, the stake will be less than 5% which does not require filing to the exchange.



Posted by raywong > Mar 28, 2016 12:28 PM | Report Abuse

Facts are unconvincing for it to happen this time
AirAsia has called for an Extraordinary General Meeting (EGM) on 15 Dec
2015 just to secure shareholders’ mandate to buy back 10% of its shares,
effectively sending a firm message that it is not for sale. AirAsia has
commenced its first buy back tranche shortly after announcing its 4Q15
results in Feb 2016. This maiden buy back proves that the management is
making good of its ‘not for sale’ declaration. Furthermore, Tune Air has
not accumulated shares in AirAsia for the past 12 months, according to
filings to the Malaysian stock exchange. And if China Everbright has, the
stake will be less than 5% which does not require filing to the exchange.

Today some said ang mo still holiday... so the buying has been by.... Everbright... PekingAviation.. ShanghaiAir... DragonFly... PhoenixAero.... ??

Or.... ikan bilis... ?

Sell Q start at 1.59.... the ugly at work?

Today... maybe can tell... as far as AirAsia is concerned.... foreign funds... refer to Everbright... PekingAviation.. ShanghaiAir... DragonFly... PhoenixAero.... or Wellingtons...

A bit of volatility... is healthy... provides opportunities

A bit of volatility... is healthy

Shaun Loong

Well... more likely.. you are not trigger happy... but just wanted to show Puncak can withstand the harshest cuts.. yet remains a good proposition


r°Moi would just tweak your SOP a little... to Net Net... and add on say.. 0.90 to 1.30 to your fair values

HaHa.... now AirAsia has attracted all and every kinds... the good.. the bad... and the ugly... it is time to make more money....

Shaun Loong


PE ratio = Price over EARNING ratio


When there is earning.. it makes sense for an investor to want to continue with the business venture... as there is earning to be had.. there is incentive to continue


On the other hand.....

When there is a loss.. it makes no sense for the investor to want to continue with the business venture... as there is loss to be incurred.. there is no incentive to continue


Rational people are loss aversion...


So... a Price over EARNING ratio (PER) makes sense...

But... a Price over LOSS ratio (PLR) just doesn't make sense... as a sensible investor would have stopped the loss making venture soonest... let alone 15 years


Well... you might want to argue loss is -tive earning.... r°Moi cant say you are wrong in term of a term used... but the story behind the figure just doesn't make sense..



r°Moi think... a more sensible valuation would be to impair that loss making business venture in its entirety... and put in the wind up cost too... not treating it as a going concern and let the losses run.. especially upto 15 years.. (a long 15 years must be with ill intention....)


And... in fact Puncak has done precisely that with its O&G business..

Roger... the one who have access.. have you any idea on this ??


Wiwangwang

http://m.selangorku.com/?post=92551

Kps new company at least get this two project .
25/03/2016 16:43

New ang mo.. feel more like hot money..

There should be a story behind the figures... so to speak.. you know

While being prudent and all that is good... r°Moi see you as kinda trigger happy : )

And... for the loss to run up to 563,925,000... surely this cannot happen without ill intention?

Anyway... what is your scenario for the loss to be left to run up to such huge amount??

On 1st glance you have 0 value.. but you upped the number of shares... for the warrant

People are saying Rozali is eying the heap of cash... that is the ill intention..

Paint it..... before... not after.. the fact then it would more convincing that you in fact have assess to the insider.... no?

r°Moi have not checked.... but on first glance... it looks like there is double counting on the warrants... right or not?

(563,925,000)


Fair value for.... loss making continuing operation (563,925,000)... being LBT 37.595m for current year @ PE 15


(563,925,000).... LBT 37.595m for current year @ PE 15... 15



Yes... due to the drastic drop in the price... and his inaction... rightly or wrongly there is suspicion on Rozali already...


But... r°Moi think even if he has the ill intention... in his wildest dream... Rozali has not dared to think to screw Puncak to this extent

Still lovey... still honey... but in the short term would gain be just marginally?

Looking at expenses only... hardly holistic

supersaiyan3

Are you sure about this??


I think AAX's books is really cleaner than Airasia, it doesn't have so many things like AAI, AAP to drag it down.





supersaiyan3 Icon8888, Greetings!

It's always a pleasure to read your article, another good analysis!

I think AAX's books is really cleaner than Airasia, it doesn't have so many things like AAI, AAP to drag it down.

I see... rizerlee has sold all..... not waiting for 8% more.. to 2.00

Your EPF money is not in good hands la..... : )

Still lovey.... still honey....

“But terrorists will never succeed in destroying the fundamental urge and right of people to travel, explore and learn about the world. We stand united with the people of Brussels, where many of our own team live and work,” Tyler said.





Aviation is a force for good. It brings the world together and fosters greater understanding of people and cultures. Those who commit terrorist acts know and fear this, and it is why air travel is so often a target.


“But terrorists will never succeed in destroying the fundamental urge and right of people to travel, explore and learn about the world. We stand united with the people of Brussels, where many of our own team live and work,” Tyler said.

To keep some foreign currencies... gold...

Or... you can run.... but you cant hide.... the whole Bursa will be affected?

This thing has been in r°Moi mind for the longest time... and at times.. r°Moi cant get a good night's sleep thinking about it...

How to deal with it?? To price in a T discount?? Reduce exposure?? Always keep some spares to buy more??


How??