1. The Edge: CEO Azran Rani said AirAsia X planning to go public as early as the second half of the year, despite axing four of its popular routes. London route was bleeding millions a months.

2. Btimes: TF said AirAsia X listing plan intact but it won’t be this year. He said the listing would not happen this year, adding that the airline needs to look at various factors including market condition.

So folks, conflicting announcement. 2H12 or 2013? There you go again!

Heheheheheheheh!!

Maybank Research House:-

1. We are confident that Malindo Air will be able to be profitable quickly (less than one year) on domestic Malaysia including the profitable Sabah and Sarawak and Indonesian routes given the strong demand and existing client base to tap onto.

2. The house adds that with the entry of Malindo Air, AirAsia's virtual monopoly ceases and yields are set to decline and profit contribution from AirAsia's biggest market will recede.

3. Note that AirAsia Indonesia's operations are significantly less profitable compared with its Malaysian operations.

So how now, folks?

1. The Edge: CEO Azran Rani said AirAsia X planning to go public as early as the second half of the year, despite axing four of its popular routes. London route was bleeding millions a months.

2. Btimes: TF said AirAsia X listing plan intact but it won’t be this year. He said the listing would not happen this year, adding that the airline needs to look at various factors including market condition.

So folks, 2H 2012 or Next year? There you go!

1. The report adds that Malindo Air should be able to leverage on its parent's infrastructure to build an efficient operations quickly.

2. Lion Air is a formidable opponent to AirAsia in Indonesia; its ticket fares are often more competitive and it enjoys popular support among local Indonesians.

1. Malindo's seat pitch of 31 inch is 7% roomier compared with AirAsia's and it provides complimentary frills such as light snacks, drinks, in-flight entertainment and uses the aerobridges.

2. In addition, we estimate Malindo Air's Boeing 737-900 aircraft has superior cost economics for flights which are above two hours against AirAsia's Airbus A320 aircraft,” Maybank says.

So folks, markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected.

1. Folks, far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in corrections themselves.

2. EPF is investing your money by trading actively to support the price. Will they be able to bring back the price to 29/08/12 high?

Prices 1 Month: High Rm3.640 (29/8/12)....... Low Rm 2.820 (13/9/12)

3. Folks dated 27/08/12 EPF total shares interest was at 245,767,700 units only. But dated 14/9/12 a surprising increase of 26,294,400 units to 272,062,100 units and yet the price is still near the critical support level at Rm2.88.

Now folks, still remember Lehman Brothers, Merrill Lynch, Fannie Mae, Freddie Mac, Washington Mutual, Wachovia, Citigroup, and AIG cases?

Folks, judge for yourself!

1. It is no secret that Rusdi has been wanting to set up an LCC in Malaysia.

2. Two earlier attempts, a courtship with Firefly and later with Berjaya Air, fell through.

3. Nadi wanted a slice of Lion Air's MRO business. An introduction took place and both realised that they had something to offer.

Thus folks, a JV is born!

1. Both Rusdi Kirana and Ahmad Johan had desires to expand their empires.

2. One to set up an airline in Malaysia the same way AirAsia has set up airlines in several countries, and the other wanted to get the regional MRO business because they had “scalability and expertise.

Folks, all this started three months ago!

Then why are you guys buying aviation counter? Muakakakakakakakaka!!

1. The launching of Malindo Airways was most timely because Malaysia needs another low-cost carrier to break the existing monopoly by one airline. Malindo Airways has promised to charge low fare for its operations and plus free in-flight entertainment, a light meal, WiFi facilities and aerobridge in KLIA2.

2. Further, we cannot allow one airline to dictate terms to the Government and/or MAHB on KLIA2 or for whatever matters.

3. Now we have witnessed a real collaboration between NADI and Lion Air Indonesia in the setting up of Malindo Airways where there was no share swap and/or interference in the management of either company.

So folks, hopefully the little Napoleon in Khazanah would learn something from the spirit of this collaboration for whatever deals that it is going into in the future on behalf of the GLCs.

Folks, to those who are forced to hold, just pray that the coming 3Q there will be a positive increase in Airasia operating profits QoQ!

So will it breach and close below the critical support level at Rm2.88, folks? Time will be the judge to that!!

Share Price Performance:

Prices 1 Month: High Rm3.640 (29/8/12)....... Low Rm 2.820 (13/9/12)

Prices 3 Mths : High Rm3.850 (06/8/12)....... Low Rm 2.820 (13/9/12)

Folks, will the price climb up to it 1 month high again?

Posted by ledzepp > Sep 20, 2012 09:22 PM

Got the cheek to demand for another terminal! Once built, he'll shift to Manila. Are we suckers to fall for the second time?


Muahahahahahahahahahahah....Folks, this time he will move to Manila!

AirAsia Philippines is a joint venture among AirAsia Berhad (40% stake), and Filipino business personalities, including Antonio Cojuangco.

Folks, Antonio Cojuangco is President Benigno Aquino's cousin. He was the former chair of Philippine Airlines (PAL), Asia's oldest airline, when it was privatized decades ago.

Interesting!!

Changes in Director's Interest (S135) CONOR MC CARTHY

Disposed: 26/07/12 - 500,000units at Rm3.740
Disposed: 27/07/12 - 565,000units at Rm3.736

Total no of securities after change: Direct 9,900,000 units

Folks, what a good timing! Hahahahahah!!

WELLINGTON MANAGEMENT COMPANY, LLP - Overview

A Leading Global Institutional Asset Manager with approximately US$720 billion in client assets under management, Wellington Management serves as an investment advisor to more than 2,100 institutions located in over 50 countries.

We are not lenders or underwriters. Our expertise is investments — from global equities and fixed income to currencies and commodities.

Remember folks, EPF and Wellington Fund have been trading actively supporting the price within the two weeks high and low. Yet the price keep going lower, folks!

Ask yourself how much more can they sustain buying while other funds are keen sellers?

Time will Tell, folks!!

Folks, the problem with the person who thinks he’s a long-term investor and imperivous to short-term gyrations is that the emotion of fear and pain will eventually make him sell badly.

Stocks are bought on expectations, not facts!

Yes or No, folks?

Folks, there are two classes of forecasters: Those who don’t know and those who don’t know they don’t know!

So folks, are you one of them? Muakakakakakakak!!

Important thing to remember folks, markets can remain irrational longer than you can remain solvent!

So don't try to predict Mr. Market, folks!!

Folks, the investor’s main problem and even his worst enemy is likely to be himself.

Could you be one of them? Hahahahahahahah!!

1. The stock market is filled with individuals who know the price of everything, but the value of nothing.

2. No matter what information you have, no matter what you are doing, you can be wrong. So folks, are you in buying or selling mode now?

Never try to predict the market, folks!

Remember folk, buy using your head, not your heart (emotion)!

Guess why??

The market right now is moving on nothing more than emotions.

Guess what?

It almost always moves on emotions!

Wakakakakakakakakakak!!

Folks, there are two kinds of investors, be they large or small: those who don’t know where the market is headed, and those who don’t know that they don’t know.

Then again, there is a third type of investor –the investment professional, who indeed knows that he or she doesn’t know, but whose livelihood depends upon appearing to know.

Muakakakakakakakakakakakakakak!!

So folks, critical support level at Rm2.88 and if breached downside target at Rm 2.74!

Careful now! Investors do have very short memories. Muahahahahahahah!!

1. Malindo Airways also has an added advantage in its cost structure, as its new generation Boeing 737-900s have a comparably higher seat capacity of 220 seats over AirAsia's (Airbus 320s) 180 seats.

2. In addition, the airline's maintenance, repair and overhaul (MRO) services will be done by Nadi's subsidiary Airod Sdn Bhd.

So folks, COSUMERS and airport operator MAHB will be the prime beneficiaries of new low-cost airline Malindo Airways' entry into the local airline industry in the form of choices and fares.

Analyst wrote: AirAsia CEO Tony Fernandes dismissed Lion Air’s Malaysia JV plans, citing AirAsia’s strong position and regional brand.

However, we believe Lion Air’s broader intent is actually to step foot into Malaysia in order to weaken AirAsia’s funding source for expansion into Indonesia, especially the expected capital commitments needed to turn Batavia Air around following its acquisition by AirAsia Berhad.

Folks, care to share at what price you buying or force to hold?

Rigan Wong, an aviation analyst at Citi in Hong Kong argued in a note to clients that the launch of Malindo was “more than a competitive threat” to AirAsia, speculating that it “may be a strategic disruption to AirAsia’s regionalization” plans.

Folks, this is just one of the few negative comment from oversea based analyst that led to the selloff by foreign funds.

Kenapa? Tak percaya meh!! Muhahahahahahahah!

1. Malindo Airways will commence operation in May 2013 and be based in KLIA2.

2. The launching of Malindo Airways was most timely because Malaysia needs another low-cost carrier to break the existing monopoly by one airline.

3. Further, we cannot allow one airline to dictate terms to the Government and/or MAHB on KLIA2 or for whatever matters.

4. It was also comforting to note that Malindo Airways has promised to charge low fare for its operations and on top of that it will also offer free in-flight entertainment, a light meal, WiFi facilities and use the aerobridge in KLIA2.

5. Folks, there will also be no imposition of hidden charges like Convenience Fees, Counter Check-in Fees and etc on its customers.

1. Budget carrier AirAsia insists that it was not aware of the problems with the fares carried on its website until sued by the Australian Competition and Consumer Commission (ACCC).

2. "We emphasise that we were not aware of the matter before the ACCC brought its proceedings," said AirAsia in a statement to Malaysiakini today.

So folks, not aware? Mukakakakakakakakakak!!

Remember folks, if Rm 2.88 is breached the downside target will be Rm2.74! Pray hard that it won't!

“Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks” - WB

So folks, is the ship leaking? Careful now!! Muhahahahahahahahahah!!

1. The ACCC is seeking both penalties and orders for the airline to issue corrective notices on its website.

2. AirAsia, on its part, has blamed the situation, as always, on "technical glitches” and has announced that it has taken "corrective action” to resolve the complaints.

So folks, what is proven is the Australian government is taking care of its people.

1. UOB-Kay Hian Singapore based brokerage has a sell rating on AirAsia at 2.92 TP.

2. HwangDBS with revised on Airasia at Rm2.90 TP.

3. Maybank IB advised investors to TAKE PROFIT ON RALLIES & Rm 2.74 TP if support area at Rm2.88 is breached. Another support area will be at Rm2.68 & if breached downside target will be at Rm2.47!

So folks, critical support level at Rm2.88 and if breached downside target at Rm 2.74!

Careful now!

1. The ACCC is a consumer watchdog in Australia filed a suit in Melbourne against AirAsia for alleged false advertising .

2. The suit was filed the same day AirAsia launched its A$99 (RM319) one-way fare to Sydney from Kuala Lumpur.

3. ACCC said that “businesses that choose to advertise a part of the price of a particular product or service must also prominently specify a single total price” and noted that some fares sold on AirAsia’s website did not display prices inclusive of all taxes, duties, fees and other charges.

Folks, thanks for making this thread active. Your replies either with or against are most welcome!

Heheheheheheheheh!!

Fed up with banging on the doors of the Transport Ministry, George took the complaints of false advertising to the Domestic Trade and Consumer Affairs Ministry and here too he was dismissed.

“We have repeatedly brought this up with the Trade and Consumer Affairs Ministry, but nothing has been done to address the issue.
“We always get the standard response: ‘We’ll look into the problem.’

So folks, how?

There is “no political will” in Malaysia to safeguard the rights of consumers against “tricksters” such as AirAsia which thrived on false advertising, unlike in Australia, says consumer rights activist Jacob George.

If a business does well, the stock eventually follows.

So folks, chat to you all tomorrow!! Do have a nice day!!! Hahahahahahahahah!!

Folks, experienced investors will tell you there' s no ideal time to buy investment and, if there was, most people only recognize it with hindsight.

Folks, investing is often about whom you know and not about what you know!

Folks, an important key to investing is to remember that stocks are not lottery tickets.

Investing without research is like playing stud poker without looking at the cards.

So folks, are you one of those?

Remember folks, that people who are high-level investors are not concerned about the market going up or going down because their knowledge will allow them to make money either way.

Remember folks, I am neither a bear nor a bull, I am an agnostic opportunist.

I want to make money short- and long-term. I want to find good situations and exploit them.

Folks, what a pity! Investors have very short memories.

1. Air Asia does take the Nobel Prize for publicity stunts, aggressive ads and staying firmly in the public eye.

2. Folks, do you all remember when Bali suffered the bomb attacks? People just stopped going to Bali. Stepping up to the plate, Tony Fernandez announced that Air Asia would provide one million free tickets for flights into Bali. (The return flight saya tak tahu - usually they charge higher fares for the return flight).

3. Immediately Tony Fernandez received huge publicity and the everlasting gratitude of the people of Bali.

4. But did anyone stop and figure things out a little ? One million free tickets is a lot of flights. Considering an Airbus A320 seats 140 passengers, that works out to 7142 flights. If AA flew just one flight a day to Bali, it would take 19.5 years to give away all those one million free tickets to Bali.

5. Surely a lot of gimmickry was involved. It was a publicity stunt. The fact that the headline grabbing announcements were made while the ashes of the Bali bombings were still warm does exhibit some ruthlessness.

So folks,.............hahahahahahahahah!!

Nope!

1. Tony Fernandez took over Air Asia in 2001. In 11 years of rock and roll growth, Air Asia has become the largest low cost carrier in Asia. This is a fantastic achievement by any measure.

2. However the intermittent announcements by Air Asia that they are cutting routes indicates not everything is going on as planned.

3. I hope they do better. We really want our Malaysian companies to do well and succeed. It is good for the country and for all of us. Folks, maybe 11 years down the road a reality check is due.

Lastly, may your pockets be heavy and your heart be light. May good luck pursue you each morning and night.

Cheers!!

1. AirAsia has obviously not come to terms with the power of social media.

2. In the old days an enraged customer can do limited damage as he can only influence his immediate family and close friends.

3. These days they can vent their rage in online forums, facebook and twitter and influence hundreds if not thousands.

So folks, social media doesn’t create negativity, it uncovers it. Hahahahahahahah!!

AirAsia may have started on good terms with the public but the honeymoon period is over.

Once the KLIA 2 airport is operational in May 2013, MAHB will have almost 10 low-cost carriers flying from there. Among them are Zest Airways, Malindo Airways, Firefly, Lion Air, Tiger Airways, Cebu Pacific Air and definitely, AirAsia.

So folks, the more the merrier!!

1. Long upfront payment, inflexibly, inconvenience, risk of delay and poor service means that customers will demand a big price gap from regular airlines to fly AirAsia.

2. This means that eventually AirAsia will only be able to sell if their prices are very cheap and below cost. Passengers will look elsewhere when prices approach regular airlines.

3. A case in point is AirAsia’s cancellation of routes to London, Paris, New Delhi and Mumbai.

These are popular routes to densely populated cities which any budget airline should be able to work successfully.

AirAsia’s stated reasons like visa requirements and additional taxes do not make sense as they apply to all airlines and can be added to the fare.

The real reason as reported in The Star is that AirAsia is losing millions on these routes every month.

So folks, why can’t AirAsia raise its prices?

The reason it can’t is because passengers will flee to other airlines. They are demanding a price gap to fly AirAsia which the airline cannot provide and still remain profitable.

There you go!!