What is more important why the local & foreign funds are still on selling spree?

Eventhough the majority shareholder Tune Air is keen buyer but still again the local & foreign funds are keen seller.

Even British business magnate Richard Branson's Virgin Atlantic Airways wanted out from Airasia X. Ever wonder why?

1. Folks, AirAsia's cost advantage has narrowed with the entry of Malindo Airways.

2. Yields are set to decline and profit contribution from AirAsia's biggest market will recede.

3. Remember folks, IB has advised to take profit on rallies? Well the four most dangerous words in investing are 'This time it's different.' Dare to buy?

Malindo Airways has an advantage in its cost structure as its new generation Boeing B737-900s will have a seating capacity of 220, compared with AirAsia's 180 seats.

Folks, storm clouds in horizon for AirAsia?

AirAsia Bhd's market value shed billion of ringgit after the entry of a low-cost carrier Malindo Airways.

Share Price Performance:
.............................High................Low
Prices 1 Month... 3.190 (19-Oct-12)... 2.900 (16-Nov-12)
Prices 3 Months.. 3.640 (29-Aug-12)... 2.810 (26-Sep-12)
Prices 12 Months. 3.940 (06-Dec-11)... 2.810 (26-Sep-12)

Folks, a 1 month new lower low for AA today (2.860). Careful now!

Why would you fly cattle class when you go 'first'?

Forget about that, why fly with an airline renowned for leaving its passengers stranded?

Here's an airline that is insolvent that will not - or can not - refund passengers after deserting them on the French, UK, India and NZ routes in 2011-12.

Heheheheheheheheh!!

Folks, once you're hit by a few of those extras - that passengers get for free on any full-service luxury carrier - AirAsia [US$239] skyrockets to well above KLM [US$129] and Malaysian Airlines [US$207].

Still think AirAsia is cheap? Hahahahahahahahah!!

Folks, think about that for a minute. A skanky 'cut-price' budget airline - yes, we understand the irony in that label - is more expensive than a number of the best airlines in the world. How can shoddy AirAsia be more expensive?

It's only when the tide goes out that we learn who's been swimming naked! Hahahahahahahahahah!!

Worse still more expensive than luxury full-service airlines. Example as below:-

1. Kuala Lumpur to Jakarta
- KLM Royal Dutch US$129.00
- Airasia X US$141.00 (+++ baggage, food, seating)

2. Singapore to Perth
- British Airways S$738.40
- Airasia X S$802.00 (+++ baggage, food, seating & stopover)

3. Singapore to Bali
- Qatar Airways S$261.40
- Airasia X S$266.00 (+++ baggage, food, seating)

Yes, the result of our first quarter 2012 Airfare Survey is in, and two of the world's most renowned airlines, KLM & Qatar, turn out to be cheaper than AirAsia - even before any of its '+++' extras have been factored in.

Folks, AA is more expensive than budget airline competitors. Example as below:-

1. Melbourne to Singapore
- Jetstar A$617.86
- Airasia A$831.49

2. Perth to Bangkok
- Tiger Airways A$568.68
- Airasia A$758.00

3. Perth to Kuala Lumpur
- Tiger Airways A$410.38
- Airasia A$550.00

With an IPO, did we see this strategy before with companies with a strugling balance sheet?

Tony confirmed his airline’s recent order for 300 Airbus A320neos. The deal, originally for 200 planes, was increased with an option for 100 more.

He played down concerns raised by some analysts about the possible debt implications of such a deal, saying the company was cash rich. Analysts have also said Malindo could threaten fast-growing AirAsia’s profit.

So how now, folks?

1. AirAsia has chosen Jakarta to be its regional headquarters in an effort to be seen as a Southeast Asian airline rather than just a Malaysian one.

2. It is having a tough time there, facing hardened competitors, jammed airports and powerful travel agents. Deep-pocketed rivals are sniffing around too.

3. Thailand was not so difficult. However, in Indonesia it is a no-holds-barred, 'street-fight' competitive environment.

4. “We should not spread our wings too wide, because the competition is very keen [in Indonesia]. If you only add one flight on a route, you could be dead meat because other airlines can dump seats and cause a lot of damage,” said Widjaja Indonesia AirAsia’s president director.

5. Success is not coming easily for in Indonesia for AirAsia, and becoming a major player, as it has done in Malaysia and Thailand, may prove elusive.

Folsk,for the second consecutive day — continued its downtrend on Thursday as investors are concerned over the stiff competition the airline will face from newly-launched value carrier Malindo Airways.

EPF
Disposed 06/11/2012 681,300
Disposed 02/11/2012 1,250,000
Disposed 01/11/2012 1,000,000
Disposed 29/10/2012 100,300
Disposed 25/10/2012 137,000
Disposed 23/10/2012 850,000. Total day volumw traded: 5,687,000
Disposed 22/10/2012 1,698,700. Total day volume traded: 6,984,700
Disposed 19/10/2012 2,788,300. Total day volume traded 10,733,400.
Disposed 18/10/2012 3,000,000. Total day volume traded 14,517,400
Disposed 17/10/2012 2,821,700. Total day volume traded 11,606,600
Disposed 16/10/2012 1,361,300. Total day volume traded 13,121,600
Disposed 15/10/2012 1,326,700. Total day volume traded: 4,404,700
Disposed 12/10/2012 1,400,000. Total day volume traded: 7,435,300
Disposed 11/10/2012 1,410,700. Total day volume traded: 3,838,300


Tune Air S/B
Acquired 09/11/2012 500,000 at Rm2.944
Acquired 08/11/2012 1,100,000 at Rm2.945
Acquired 06/11/2012 2,400,000 at Rm2.974
Acquired 24/10/2012 2,200,000 at Rm3.040
Acquired 18/10/2012 2,800,000 at Rm3.126
Acquired 16/10/2012 1,000,000 at Rm3.050
Acquired 03/10/2012 2,500,000 at Rm3.030
Acquired 05/10/2012 3,550,000 at Rm3.010

It's only when the tide goes out that you learn who's been swimming naked. So folks, how now?

Well folks, Malindo Air will operate out of KLIA as the LCC Terminal is too congested in March next year. Malindo Air would later move its base to KLIA2, which is currently under construction and slated to open on May 1, 2013.

Initial flights will connect East and West Malaysia. Airasia near-monopoly in the domestic low-cost air travel market will be sliced with the entrance of Malindo Airways.

Folks, the truth hurts! Will Tune Air buy more to beef up its share price? Only when the tide goes out we will discover who's been swimming naked! Adios!

Wakakakakakakakakakak!! Is there a light at the end of the tunnel for AA? I rest my case, folks!

TP 3.50 ............. Hahahahahahahahah .....Don't you think today price is cheap? Why not buying more? Wait! ....... Getting cheaper soon!

Folks, careful now!

Airasia Bhd’s (AirAsia) near-monopoly in the domestic low-cost air travel market will be sliced with the entrance of Malindo Airways (Malindo) which will make domestic air travel more competitive by March next year.

Malindo Air which is supposed to start flying May next year has brought forward the launch date to mid-March and will begin with domestic flights and a month later it will expand to offer international flights with its first stop being India.

EPF
Disposed 06/11/2012 681,300
Disposed 02/11/2012 1,250,000
Disposed 01/11/2012 1,000,000
Disposed 29/10/2012 100,300
Disposed 25/10/2012 137,000
Disposed 23/10/2012 850,000. Total day volumw traded: 5,687,000
Disposed 22/10/2012 1,698,700. Total day volume traded: 6,984,700
Disposed 19/10/2012 2,788,300. Total day volume traded 10,733,400.
Disposed 18/10/2012 3,000,000. Total day volume traded 14,517,400
Disposed 17/10/2012 2,821,700. Total day volume traded 11,606,600
Disposed 16/10/2012 1,361,300. Total day volume traded 13,121,600
Disposed 15/10/2012 1,326,700. Total day volume traded: 4,404,700
Disposed 12/10/2012 1,400,000. Total day volume traded: 7,435,300
Disposed 11/10/2012 1,410,700. Total day volume traded: 3,838,300


Tune Air S/B
Latest: Acquired 09/11/2012 500,000 at Rm2.944

Acquired 08/11/2012 1,100,000 at Rm2.945
Acquired 06/11/2012 2,400,000 at Rm2.974
Acquired 24/10/2012 2,200,000 at Rm3.040
Acquired 18/10/2012 2,800,000 at Rm3.126
Acquired 16/10/2012 1,000,000 at Rm3.050
Acquired 03/10/2012 2,500,000 at Rm3.030
Acquired 05/10/2012 3,550,000 at Rm3.010

It's only when the tide goes out that you learn who's been swimming naked. Happy investing, folks!

Heheheheheheheh........

So to Mr. Bull & Mr. Bear, it's only when the tide goes out that you learn who's been swimming naked.

EPF
Latest: Disposed 06/11/2012 681,300

Disposed 02/11/2012 1,250,000
Disposed 01/11/2012 1,000,000
Disposed 29/10/2012 100,300
Disposed 25/10/2012 137,000
Disposed 23/10/2012 850,000. Total day volumw traded: 5,687,000
Disposed 22/10/2012 1,698,700. Total day volume traded: 6,984,700
Disposed 19/10/2012 2,788,300. Total day volume traded 10,733,400.
Disposed 18/10/2012 3,000,000. Total day volume traded 14,517,400
Disposed 17/10/2012 2,821,700. Total day volume traded 11,606,600
Disposed 16/10/2012 1,361,300. Total day volume traded 13,121,600
Disposed 15/10/2012 1,326,700. Total day volume traded: 4,404,700
Disposed 12/10/2012 1,400,000. Total day volume traded: 7,435,300
Disposed 11/10/2012 1,410,700. Total day volume traded: 3,838,300


Tune Air S/B
Latest: Acquired 08/11/2012 1,100,000 at Rm2.945

Acquired 06/11/2012 2,400,00 at Rm2.974
Acquired 24/10/2012 2,200,000 at Rm3.040
Acquired 18/10/2012 2,800,000 at Rm3.126
Acquired 16/10/2012 1,000,000 at Rm3.050
Acquired 03/10/2012 2,500,000 at Rm3.030
Acquired 05/10/2012 3,550,000 at Rm3.010

Happy investing, folks!

Hellooooo ...... knock! Knock! Knock! Anybody aroung? Hahahahah!!

"Only when the tide goes out do you discover who's been swimming naked"

Folks, still remember on 13/9/12 an Investment Bank advised investors to TAKE PROFIT ON ANY RALLIES!

Well folks, investors do have very short memories! Heheheheheheh!!

AirAsia, with an operating fleet of more than 100 aircraft, has ordered a total of 375 Airbus jets as part of dramatic expansion plans that now include the acquisition of Indonesia's Batavia Air.

The acquisition will accelerate deliveries as rising demand helps it offset high fuel costs. Not all analysts are convinced by AirAsia’s expansion plans.

Some local bankers say profits could be crimped by pressure from potential losses at start-up units in the Philippines and Japan and competition from new players such as Malaysia’s Malindo Airways next year.

AirAsia made a net operating profit of 130.94 million Malaysian ringgit ($42.64 million), excluding one-off items, in the second quarter this year, down slightly from the same quarter last year.

Net profit was boosted by a one-off gain of 1.16 billion ringgit following a share sale at its Thai unit.

Investors have short memories!

1. Beside the foreign funds, EPF is net seller of AirAsia Bhd's shares in the past month while the carrier's major shareholder, Tune Air Sdn Bhd, has turned net buyers, pumping in slightly more than RM250 million to snap them up.

2. Between September 25 and October 22, EPF has sold some 25.86 million AirAsia shares, bringing its shareholding in Asia's biggest low-cost carrier. Fernandes and his partners at Tune Air accumulated some 89.68 million AirAsia shares in the same period.

3. Analysts are divided as to what Tune Air's game plan is in heavily buying AirAsia shares at a time when the stock market is at its peak.

EPF activities:
Latest: Disposed 02/11/2012 1,250,000

Disposed 01/11/2012 1,000,000
Disposed 29/10/2012 100,300
Disposed 25/10/2012 137,000
Disposed 23/10/2012 850,000. Total day volume traded: 5,687,000
Disposed 22/10/2012 1,698,700. Total day volume traded: 6,984,700
Disposed 19/10/2012 2,788,300. Total day volume traded 10,733,400.
Disposed 18/10/2012 3,000,000. Total day volume traded 14,517,400
Disposed 17/10/2012 2,821,700. Total day volume traded 11,606,600
Disposed 16/10/2012 1,361,300. Total day volume traded 13,121,600
Disposed 15/10/2012 1,326,700. Total day volume traded: 4,404,700
Disposed 12/10/2012 1,400,000. Total day volume traded: 7,435,300
Disposed 11/10/2012 1,410,700. Total day volume traded: 3,838,300

Tune Air S/B
Latest: Acquired: 06/11/2012 2,400,00 at Rm2.974

Acquired: 24/10/2012 2,200,000 at Rm3.040
Acquired: 18/10/2012 2,800,000 at Rm3.126
Acquired: 16/10/2012 1,000,000 at Rm3.050
Acquired: 05/10/2012 3,550,000 at Rm3.010
Acquired: 03/10/2012 2,500,000 at Rm3.030
Acquired 27/09/2012 13,550,000 at Rm2.920 - vol traded 29,408,800
Acquired: 26/09/2012 8,400,000 at Rm2.840 - vol traded 19,910,400
Acquired: 25/09/2012 2,000,000 at Rm2.870

Folks, risk comes from not knowing what you're doing. Hehehehehehe!!

In middle of 2010, credit should be given to AA for successfully persuading AirBus to allow them to defer the delivery of the air crafts.

From delivery of 24 aircraft each year to hold 8 each for 2010 & 2011. Deliveries are expected to run until 2014.

This move really gives them a fighting chance to survive and to overcome their insanity of building a company which was clearly over burdened by the immense corporate debts they took upon to finance the building of their business.

This is a POSITIVE CORPORATE exercise... it's certainly extremely crucial that AirAsia made this postponement of delivery.... but... deferring is only a postponement.... and in regardless, these air crafts order still needs to be delivered! AirAsia stock had done fairly well since then.

Investors do have very short memories!! Heheheheheheh!!!!!!

Would this stock re-visit the RM2.81 level? Remember folks, so far this stock not able to clear the resistance of RM3.19.

Currently, the bears should still have the upper hand. The long term investors are not coming in to support the stock.

With long term investors as the main sellers, could the short term investors be able to prop up the stock?

Tune Air buying help to drive stock prices up but can they do this every trading session? Will the foreign funds dump more?

Investors do have very short memories. They say it's different this time...but it's really not!


EPF activities:

Latest: Disposed 02/11/2012 1,250,000

Disposed 01/11/2012 1,000,000
Disposed 29/10/2012 100,300
Disposed 25/10/2012 137,000
Disposed 23/10/2012 850,000. Total day volumw traded: 5,687,000
Disposed 22/10/2012 1,698,700. Total day volume traded: 6,984,700
Disposed 19/10/2012 2,788,300. Total day volume traded 10,733,400.
Disposed 18/10/2012 3,000,000. Total day volume traded 14,517,400
Disposed 17/10/2012 2,821,700. Total day volume traded 11,606,600
Disposed 16/10/2012 1,361,300. Total day volume traded 13,121,600
Disposed 15/10/2012 1,326,700. Total day volume traded: 4,404,700
Disposed 12/10/2012 1,400,000. Total day volume traded: 7,435,300
Disposed 11/10/2012 1,410,700. Total day volume traded: 3,838,300

Tune Air S/B

Latest: Acquired 06/11/2012 2,400,00 at Rm2.974

Acquired 24/10/2012 2,200,000 at Rm3.040
Acquired 18/10/2012 2,800,000 at Rm3.126
Acquired 16/10/2012 1,000,000 at Rm3.050
Acquired 03/10/2012 2,500,000 at Rm3.030
Acquired 05/10/2012 3,550,000 at Rm3.010

WELLINGTON MANAGEMENT COMPANY

Disposed 02/11/2012 8,560
Disposed 01/11/2012 401,750
Disposed 31/10/2012 996,700
Disposed 30/10/2012 887,600
Disposed 29/10/2012 955,700
Disposed 24/10/2012 479,700

Folks, investors have very short memories. Have you ever wondered why EPF & Foreign Funds on selling spree?

Investors still hope that Tune Air will buy more. Well hope is the only option left now! Heheheheheheh!!

Latest on EPF activities:
Disposed 01/11/2012 1,000,000

Disposed 29/10/2012 100,300
Disposed 25/10/2012 137,000
Disposed 23/10/2012 850,000. Total day volumw traded: 5,687,000
Disposed 22/10/2012 1,698,700. Total day volume traded: 6,984,700
Disposed 19/10/2012 2,788,300. Total day volume traded 10,733,400.
Disposed 18/10/2012 3,000,000. Total day volume traded 14,517,400
Disposed 17/10/2012 2,821,700. Total day volume traded 11,606,600
Disposed 16/10/2012 1,361,300. Total day volume traded 13,121,600
Disposed 15/10/2012 1,326,700. Total day volume traded: 4,404,700
Disposed 12/10/2012 1,400,000. Total day volume traded: 7,435,300
Disposed 11/10/2012 1,410,700. Total day volume traded: 3,838,300

Tune Air S/B
Acquired 24/10/2012 2,200,000 at Rm3.040
Acquired 18/10/2012 2,800,000 at Rm3.126
Acquired 16/10/2012 1,000,000 at Rm3.050
Acquired 03/10/2012 2,500,000 at Rm3.030
Acquired 05/10/2012 3,550,000 at Rm3.010

WELLINGTON MANAGEMENT COMPANY
Latest: Disposed 02/11/2012 8,560
Latest: Disposed 01/11/2012 401,750
Latest: Disposed 31/10/2012 996,700
Latest: Disposed 30/10/2012 887,600

Disposed 29/10/2012 955,700
Disposed 24/10/2012 479,700

Folks, the new the aircraft delivery schedule is to commence from 2016 through 2026, and when we add in the current existing order with this new order, from now till 2026, AirAsia will be taking in delivery of 279 new aircrafts!

How? AirAsia still can meh?

From AirAsia announcement, the delivery schedule.

( first line would read, aircrafts no.97 to 110 or 14 new aircrafts will be delivered this year. This is part of the current A320 Airbus order.)

Aircraft No: 97 – 110 14 2012 Current A320

Aircraft No: 111 – 123 13 2013 Current A320

Aircraft No: 124 – 141 18 2014 Current A320

Aircraft No: 142 – 160 19 2015 Current A320

Aircraft No: 161 - 175 15 2016 Current A320

Aircraft No: 176 – 179 4 2016 A320 NEO Aircraft

Aircraft No: 180 – 193 14 2017 A320 NEO Aircraft

Aircraft No: 194 – 211 18 2018 A320 NEO Aircraft

Aircraft No: 212 – 230 19 2019 A320 NEO Aircraft

Aircraft No: 231 – 250 20 2020 A320 NEO Aircraft

Aircraft No: 251 – 271 21 2021 A320 NEO Aircraft

Aircraft No: 272 – 294 23 2022 A320 NEO Aircraft

Aircraft No: 295 – 318 24 2023 A320 NEO Aircraft

Aircraft No: 319 – 342 24 2024 A320 NEO Aircraft

Aircraft No: 343 – 366 24 2025 A320 NEO Aircraft

Aircraft No: 367 – 375 9 2026 A320 NEO Aircraft

Before the new order and with the possible listing of its subsidiaries, AirAsia looked ok.

But folks, the latest announcement on new order is scary. How on earth is AirAsia going to be able to finance this? A whopping US20 billion!

Before the new order, AA seek Airbus SAS to push the old orders to the back end to make sure AA cash flow can cope with the upcoming delivery.

From delivery of 24 aircraft each year to hold 8 each for 2010 & 2011. Deliveries are expected to run until 2014.

Deferment help to ease company finances so that AA don't put so much strain on their balance sheet. AirAsia financials turned for the much better. Cash flow improved.

But the new order looks scary! A massive Rm80 billion?

Before the new order and with the possible listing of its subsidiaries, AirAsia looked ok.

But latest development is scary!

"AirAsia Bhd will take delivery of 275 Airbus A320 aircraft over the next 14 years as part of its fleet expansion exercise, says chief executive officer Tan Sri Tony Fernandes.

He said 200 aircraft would comprise the A320neo model while the A320 would account for the remaining 75 aircraft and they would complement AirAsia's existing fleet of 100 aircraft, which together would be worth US$25 billion (Rm80 billion)."

Careful folks, a staggering amount of Rm80 billion! Only when the tide goes out do you discover who's been swimming naked. Hehehehehehehe!!

Ok, the new the aircraft delivery schedule is to commence from 2016 through 2026, and when we add in the current existing order with this new order, from now till 2026, AirAsia will be taking in delivery of 285 new aircrafts!

How? AirAsia still can meh?

From AirAsia announcement, the delivery schedule.

( first line would read, aircrafts no.97 to 110 or 14 new aircrafts will be delivered this year. This is part of the current A230 Airbus order.)

Aircraft No: 97 – 110 14 2012 Current A320

Aircraft No: 111 – 123 13 2013 Current A320

Aircraft No: 124 – 141 18 2014 Current A320

Aircraft No: 142 – 160 19 2015 Current A320

Aircraft No: 161 - 175 15 2016 Current A320

Aircraft No: 176 – 179 4 2016 A320 NEO Aircraft

Aircraft No: 180 – 193 14 2017 A320 NEO Aircraft

Aircraft No: 194 – 211 18 2018 A320 NEO Aircraft

Aircraft No: 212 – 230 19 2019 A320 NEO Aircraft

Aircraft No: 231 – 250 20 2020 A320 NEO Aircraft

Aircraft No: 251 – 271 21 2021 A320 NEO Aircraft

Aircraft No: 272 – 294 23 2022 A320 NEO Aircraft

Aircraft No: 295 – 318 24 2023 A320 NEO Aircraft

Aircraft No: 319 – 342 24 2024 A320 NEO Aircraft

Aircraft No: 343 – 366 24 2025 A320 NEO Aircraft

Aircraft No: 367 – 375 9 2026 A320 NEO Aircraft

Last time because AirAsia had deferred its new aircrafts deliveries, AirAsia financials turned for the much better. Cash flow improved.

Before the new order and with the possible listing of its subsidiaries, AirAsia looked ok. But the latest announcement is scary. It's a massive worry. How on earth is AirAsia going to be able to finance this?

Latest on EPF activities:
Disposed 01/11/2012 1,000,000

Disposed 29/10/2012 100,300
Disposed 25/10/2012 137,000
Disposed 23/10/2012 850,000. Total day volumw traded: 5,687,000
Disposed 22/10/2012 1,698,700. Total day volume traded: 6,984,700
Disposed 19/10/2012 2,788,300. Total day volume traded 10,733,400.
Disposed 18/10/2012 3,000,000. Total day volume traded 14,517,400
Disposed 17/10/2012 2,821,700. Total day volume traded 11,606,600
Disposed 16/10/2012 1,361,300. Total day volume traded 13,121,600
Disposed 15/10/2012 1,326,700. Total day volume traded: 4,404,700
Disposed 12/10/2012 1,400,000. Total day volume traded: 7,435,300
Disposed 11/10/2012 1,410,700. Total day volume traded: 3,838,300

Tune Air S/B
Acquired 24/10/2012 2,200,000 at Rm3.040
Acquired 18/10/2012 2,800,000 at Rm3.126
Acquired 16/10/2012 1,000,000 at Rm3.050
Acquired 03/10/2012 2,500,000 at Rm3.030
Acquired 05/10/2012 3,550,000 at Rm3.010

WELLINGTON MANAGEMENT COMPANY
Latest: Disposed 02/11/2012 8,560
Latest: Disposed 01/11/2012 401,750
Latest: Disposed 31/10/2012 996,700
Latest: Disposed 30/10/2012 887,600


Disposed 29/10/2012 955,700
Disposed 24/10/2012 479,700

Will Tune Air buy more? Will EPF & Foreign Funds sell more? Will there be a light at the end of the tunnel?

AirAsia move to axe Phuket-Bali, Ubon flights sparks ire from 'stranded' travellers - September 29, 2012

1. PHUKET: Low cost carrier AirAsia’s decision to cease operations from Phuket to Bali and to Ubon Ratchthani has sparked a storm of angry comments directed at AirAsia’s call center by passengers feeling that they have been left stranded.

2. The final flight from Phuket to Ubon Ratchathani will be today (September 29), and last flight to Bali tomorrow (September 30), the official Facebook page says.

3. In addition to their Phuket flights, the company will also stop its route from Bangkok to Colombo, Sri Lanka, on October 10.

4. However, many passengers who had already flown to those destinations complained that they were informed of the decision only after they had arrived.

5. AirAsia gave passengers who had already booked flights three options; adjust their travel plans to meet the last flight times; have the price of their tickets put in credit against their next AirAsia trip, or receive a full refund.

6. In one piece of positive news, the daily service from Phuket to Udon Thani, which had been suspended, will be reinstated from Monday, departing Phuket at 3:45pm.

Malaysian aviation entrepreneur Tony Fernandes is planning to step down as principal of the Caterham Formula One team this year and has already identified a successor from within the sport.

They have finished 10th overall for the past two seasons but have been overtaken by Marussia this season and have just two races remaining to regain the position, which will involve getting one of their cars into 12th place or higher.

QPR ....... ??? Hahahahahahahah!!

1. Market watch: (5/11/12) PARIS--AirAsia Chief Executive Tony Fernandes said Monday his airline is close to signing off on a new order for 100 Airbus A320 jets, as Asia's fastest growing airline struggles to add capacity to meet demand.

"Hopefully we'll be able to conclude that in the next three to four weeks," he added.


2. Yahoo News: (5/11/12)It is worth noting that AirAsia X also intends to increase fleet size from nine to 32 by 2016 though leasing and purchasing aircraft and is scheduled to take delivery of 24 more A330-300s aircrafts from 2013 to 2017 and ten A350-900 planes from 2018.

More importantly, of the RM13 billion worth of aircraft that AirAsia X has committed to purchase as at June 30 this year through August 2016, some RM2.13 billion is payable within one year and RM6.39 billion are payable within three years.

Folks, what a staggering amount to be paid by next year. Careful now!

Latest on EPF activities:
Disposed 29/10/2012 100,300

Disposed 25/10/2012 137,000
Disposed 23/10/2012 850,000. Total day volumw traded: 5,687,000
Disposed 22/10/2012 1,698,700. Total day volume traded: 6,984,700
Disposed 19/10/2012 2,788,300. Total day volume traded 10,733,400.
Disposed 18/10/2012 3,000,000. Total day volume traded 14,517,400
Disposed 17/10/2012 2,821,700. Total day volume traded 11,606,600
Disposed 16/10/2012 1,361,300. Total day volume traded 13,121,600
Disposed 15/10/2012 1,326,700. Total day volume traded: 4,404,700
Disposed 12/10/2012 1,400,000. Total day volume traded: 7,435,300
Disposed 11/10/2012 1,410,700. Total day volume traded: 3,838,300

Tune Air S/B
Acquired 24/10/2012 2,200,000 at Rm3.040
Acquired 18/10/2012 2,800,000 at Rm3.126
Acquired 16/10/2012 1,000,000 at Rm3.050
Acquired 03/10/2012 2,500,000 at Rm3.030
Acquired 05/10/2012 3,550,000 at Rm3.010

WELLINGTON MANAGEMENT COMPANY
Disposed 29/10/2012 955,700
Disposed 24/10/2012 479,700

Folks, ever wonder why are the foreign funds & EPF on the selling spree? By the time the the news is out you will be swimming naked! Hehehehehehe!!

This stock was on a downtrend from early July to Sep where a bottom was formed on 27 Sep 2012.

The rebound took the stock to RM3.19 around the 38.2% retracement level.

The rebound was on a lower volume meaning that investors are not convinced that we have seen the worst of the downswing.

With long term investors as the main sellers, could the short term investors be able to prop up the stock? Will Tune Air buy to support the price?

Wakakakakakakak!!

The Lion Air is determined to compete head to head fiercely with Air Asia.

Soon, there will be other LCCs in Japan and Korea that will set up to challenge AirAsia Japan and Korea.

So folks, will the long term invertors (EPF & the foreign funds)dump this counter slowly & surely? Only time will be the judge to that!

Bottom place in the EPL ..... Wakakakakakkakakakaka!!

1. AirAsia X, which this year slashed routes to Europe and India to refocus on the Asia-Pacific, said it would lease the six Airbus A330-300s from US-based International Lease Finance Corp. in a deal worth approximately $500 million.

2. The carrier currently operates nine Airbus A330-300s and two A340-300s. It is already AWAITING DELIVERY of 17 other aircraft it has purchased from Europe's Airbus.

3. Besides Fernades and his partner Datuk Kamarudin Meranun, AirAsia X’ board members include Tan Sri Rafidah Aziz, an independent non-executive chairman. Other board members include former Bursa Malaysia Bhd CEO Datuk Yusli Mohamed Yusof, ECM Libra Group’s managing director and banker Lim Kian Onn and Datuk Seri Kalimullah Masheerul Hassan, chairman of ECM Libra group.

Fernandes, who also owns Formula One team Caterham and London-based English Premiership football club Queens Park Rangers, could not be reached for comment.

The former record industry executive stepped down in June as chief executive officer of the Malaysian-listed AirAsia and shifted his office to Jakarta to concentrate on regional growth through Indonesia.

AirAsia X, celebrating its fifth anniversary on Friday, now flies 11 Airbuses to 12 destinations across Australia, Asia and the Middle East.

Care to share what is QPR standing in the premier league?

1. AirAsia X IPO, expected to debut by January and to raise about $250 million. Based on the IPO size of $250 million, the total 790.12 million shares could be worth $0.316 per share or 97 Malaysian sen.

2. AirAsia X's draft prospectus said it would use 21.5 percent of the IPO proceeds for capital expenditures ranging from buying spare parts to setting up new hubs.

3. Another 55.1 percent would be used to repay bank borrowings, 20.2 percent for working capital and the balance for listing expenses.

AirAsia officials refused to confirm the value of the IPO when contacted by AFP.

AirAsia X, the long haul arm of Asia's budget carrier AirAsia Bhd, is offering up to 790.12 million shares in an initial public offering (IPO) to raise funds to expand its fleet and pay down debt.

Deyyyyy.....hahahahahah! Once KLIA2 completed lah.

Currently 12 low-cost carriers operated from KLIA2 and two more budget airlines would come in once it was completed. The two budget carriers are Malindo Airways and Firefly.

Firefly has asked for space at klia2 as it intended to use jet planes instead of turboprop engine aircraft. The same goes for Malindo Airways.

Now the big question, why is Tune Air in a hurry to list AAX which is making a loss in QE2?

The new low-cost carrier terminal (LCCT), KLIA2
is ready to attract over 50 per cent the world's low-cost carriers once it is completed in May 2013.

Currently, there are 30-40 low-cost carriers worldwide compared with only five budget carriers for the past five years.

Millionaire: Really? Care to elaborate further on that ...... Heheheheheh!!

http://www.theedgemalaysia.com/highlights/224253-breaking-news-prospectus-says-airasia-x-to-sell-79012m-shares-to-reduce-debt.html

Air Asia X to sell shares to reduce debt? What?