you can hold for next 3 months. If lucky, you too can make some money like icon.
if not, too bad.


rkpvr > Mar 28, 2016 05:01 PM | Report Abuse

bought .84 sold .89...and stuck with 0.80...now down 0.2...hope can recover tomoro......good luck guys

I think you are a stock broker analyst. But not so simple.

Provisions are based on cashflow forecasts....It means the Company will be making losses in future.


SHQuah > Mar 27, 2016 08:37 AM | Report Abuse

Impairment got nothing to do with cash in hand.
Only writing off of assets (property and equipment). It's only affect NTA (Net tangible asset)
No more monthly depreciation and expenses as old assets have been writen off.
One time big impairment meaning less expenses in future.

Impairment on GOODWILL can reverse back when oil price is up.

the biggest winner is icon.

he is lucky.

The mArket reacts to every thing posted here.

buy AAX PE 1

airlines need money. not cash cows.

no one will privatise them.

but who wants to take narrow body planes for long distance? You?


CIMB analysts?

Airlines need money....not cash cows.

Privatization not on the cards.

Don't believe any of the nonsense.

This share is going up and will reach 60 sen before year end.

The last note to the accounts says the unaudited accounts have been approved by the directors for release........

The SC will contact them soon, no need me.

$37 million other income?

Does that mean the principal activity of this company is other income from cheating and fraud?

if not for the $ 37 million other income, the company bankrupt already.

if not for the $37 million other income, the company bankrupt already.

so is it fraud or luck Comintel reports a $ 37 million other income?

Notes to the accounts not available last Friday.

is it for them to sell the shares to suckers?

the company has the most weird set of accounts.

if you have not lost your shirt, count yourself as lucky.

without the $ 37million other income, the Company would be bankrupt by now....with PW running the show.

the PN is capable of taking the issue all the way and having LGE jailed.

if you don't agree with me, you don't know Najib.

the PN is capable of taking the issue all the way and having LGE jailed.

Impairment is calculated based on future cash flows.

Bad sign.

The Star article is very good.

What is going on is the tail wagging the dog....

The standard of Cimb and analysts is really poor.

The environment favors AAX ......
This is Tony's year.

Why Malaysia suddenly got so many companies in this business?

Bolehland companies or smart companies?

It's a business model nobody else wants......reserved for bolehland companies.

BNM still wants to know , where is the missing money?


Show me the money in Singapore and Cayman......

talk 3 talk 4 King.

Natural Liar...his great talent.

the business models of all the OG FPSO players are the same.

all their earninngs gets impaired , What is the use of being in business when earnings in good years will be wiped out whenever bad years come?

heavy assets , no bargaining power.
this is the worse business model.

No wonder Malaysia became the champion in this business segment in recent years................when others don't want to get involved.

in the hands of quah, impairment becomes good news.
$2 billion impairment means $2 billion less things to depreciate....................

analysts are all like that one.

actually, provision for impairment means the leasing yields have dropped that means future income will drop that means the assets cannot be carried in the books at the old valuations and needs to be revised. .............

if can go up after the rights issue......you make money from the original share, from the RI share and from the warrants......that's how it makes a difference.

whatever profit the make will eventually be lost to impairment. Typical. All the same.

KNM is not an OG counter.

KNM is involved in industrial engineering, building refineries, environment engineering, waste water management bio mass plants and any thing to do with heavy engineering.

Donation by Penang people for beloved CM to own a house is more believable than donation by dead Saudi king to PM

They never saw the strong results coming and now just trying to give excuses and covering their asses.

There is only one theme play left for Malaysia shares.......

The drop of oil price to below $30 in coming weeks.........

Buy shares that benefit from drop in oil prices......even Alan Greenspan recommends that to you..

They copy each other and they don't understand the industry and most likely don't understand accounts.

they Will have to revise up their TP when AAX continue to announce profits in excess of $ 100 million per quarter for 2016.........and oil is heading below $30 soon.

Oil on the way to below $30 says Alam Greenspan

Management targeting RM120m-RM130m core PAT (excluding deferred taxes) for FY16E, or implied 50% Y/Y growth. Questi


Good enough to buy.....

This is a large international group. 60% of revenue from Europe

rosmah...but why would anyone want to buy every furniture export stock out there?

if you have to choose one, which would you choose?

that is what every analyst do....they line them all up and rank them.

what is the hurry? flight delay but TF promised to compensate all AAX on delayed flight.

donation....or for love and affection. She loves her CM more than the Saudi King love the PM....that is obvious too.

refer to the pie chart here.

http://klse.i3investor.com/blogs/kianweiaritcles/93606.jsp

Flight delayed but no cancellation.

Will be compensated with higher margin.

AAX 12 % of Klia traffic . AA 24%. Market cap $1 billion vs $5.2 billion.

AAX long haul service higher revenue per flight.

Easy to see who got more potential to improve and share price to perform on a relative basis.

No need to pick and amend audited accounts....just use some common sense.

I already know the silly ladies who gets impressed by con con superficial stuffs.


Superficial stuffs., , not superman stuffs.

Excess cash they put into land. Their core business continue to fly.

This in a way is a dream share.

Investors reward them with PE of 14 while other developers gets single digit PE and even their plastic competitors gets a lower PE ratings.....

A case of 1 + 1 = 3

Typical Mr Con Con work.


To impress silly ladies.

Mah Sing is a one legged animal compared to a well balanced strategy that Scientex has.

Mah Sing princess inherit a company too reliant on condominiums...she has a tough time just standing still.

What I hate most is all these amateurs making adjustments to audited accounts without having spoken a single word with management....this out, this in, this ......this green, this red, this recurring, that not recurring.

Icon......you think you are picking fruits in a market?

For your info, even a simple thing such as realized forex gain is not for you to throw away....it just as reliably a sales item for that period. Far from as simple you amateurs think.

Silly ladies may be impressed with you. Certainly, I trust PW partner who are paid a million$ to audit the accounts, to be more familiar with the company than an outside blogger.

Who you think you are icon?


What is all these assumptions you have?

Ever heard of garbage in garbage out?

Applies perfectly to your wasted time.


Bottom line is this........even with AAX making zero profits for the rest of this year, the share price will be at least 30 sen....as long as it is not a loss.


Now with oil price at 40 and ringgit stronger....I chop it off if AAX do not make great profits for the rest of 2016.,,,, does not need much to support a share price of 30 sen......


But needs a lot of certain profits to support a share price of $ 1.80,

Icon...you no analyst.....you are a story teller.