The heated discussion here is equivalent to the real time AA stock translation on main board.

A relentless day for AA. Take a break for lunch... ^_^.

blackul 66 and STC1136, thank for your sharing. It is hard to time the market, especially the speculative share like AA. l choose to averaging down by buying at different stage of lower price.

mmss, hard to speculate.

High likely will release today.

Averaging down the hedged and unhedged portion, the averaged price is still lower compare to jet fuel price on 2nd quarter last year. The saving still a lot. If totally unhedged, more saving is expected.

USApg, just for sharing. If u hedge oil at US80/barrel, but turn out the oil price is US 50/ barrel. The loss will be US 30/ barrel, if qty of barrel hedged is 100, the overall loss is 100 x US30. That mean the overall cost spent for 100 barel is 100 X US80.This included the loss incurred in hedge. If u didn't hedge, the overall expenses for 100 barrel is just 100 x US 50.

Billionaire 88, well explained

USApg, you have misunderstood it.

Gallon used per quarter is available in finance result. To have picture on saving in lower fuel jet price, get current averaged jet fuel cost per barrel then minus it from same quarter last year before multiply it with total barrel used in current quarter.

You can check on IATA website

The loss factor is included.

After averaging, the averaged fuel jet price compare to last year fuel jet price is still cheaper alot. At least cheaper more than 20%

Ferisc USApg, the current jet kerosene hedge is at 50%, another 50% is not hedged. The lower the jet fuel price goes, after averaging hedged portion with unhedged portion, the average fuel jet price per barrel will goes down, which translate into more saving. The current jet kerosene is about US 60++/ barrel.

Let see what kind of storm it is.

Highly speculated AA.

From The Star:

Day of reckoning for AirAsia: All eyes are on low-cost carrier AirAsia Bhd’s upcoming second-quarter earnings – expected to be released today. Separately, AirAsia foresees US$160mil (RM652mil) in cost savings next year from weakening crude oil prices as the group’s hedging tenure ends this year.

No specific whether it is referring to AA or AAX.

MMSS. Thanks for sharing.

Group earning is positive. Hopefully it can hit above RM100 million

IAA is still in negative with narrowing loss.
PAA will breakeven or with small gain/loss less than RM10 million

MMSS what is your estimate on next quarter result?

asia, one fact is no matter what we gain or loss from investment, no body here is going to share with us. ^_^.

asia, there's one thing is similar in between us: not easy to trust any info return here. Same thing l believe other here will not simply buy what we return here. Don't worry what l return here won't distort the the share price, same thing to what you said, it will do nothing on share price. The purpose l join blog here is to sharing for info, getting the latest news and some other opinion which with honesty and truth.

When you know the fact and figure, nobody is going to affect your decision.

I encourage all of us do the study. WHat mentioned by asia is seemed frightening to hell at first sight because with do not have actual figure. Once you have dig out the fact, you will know what to do.

Don't be too sentiment in investment. Figure out the forex loss, how it impact in short term and long term.

asia, since you have know what item will be affected by US appreciation, you can do a step further by calculating the loss on each item, then how much gain from lower fuel jet price. Once you have answer for the number, you can make your decision. You may also share with us what is the estimated net forex loss in coming quarter.

It is up to you to intepret who i'm. I still have the same word here. Go to study in detail. Don't listen to what people return here, include what l written and some others here. Get the figure out of what wii affected by US appreciation and how much impact to its finance. We'll know then what make sense and no sense.

Don't depend on what TF, GMT told only. Do our study ^_^.

Once fully understanding on past finance result, we'll able to make a right decision in investment.

Forex loss is paper loss only. Once US appreciation reached at peak and start to fall back, the forex loss will turn from liss to gain... This is how it work. Usd won't appreciate forever, once up it will fall back one day when RM strengthened. Major loan term is 14 years, the risk of default is minimal as the distribution of loan payment is over 14 year and also paper loss won't impact cash flow. The appreciation in finance cost is limited and the increased cost due to US apreciation is well offsetted by gain in lower fuel jet price. Check on the past finance result, we'll know whether it is right or not.

Look at fact and data. Don't be too scare of by US dolar appreciating.

blackul66, my estimate next quarter result is positive, with PAA is break even or little loss/gain and IAA still incur loss but the loss is narrowing down. What is ur opnion on coming result?

The downside for KLSE l think is limited now as its fundamental still intact. My initial thought it will stabilize at 1600 point, but due to Yuan depreciation 3 times in row, it got worst. Instead of selling now, l prefer to buy in at different lower price to average down the price.

Undeniable GMT did point the weakness in AA accounting but however AA accounting is accordance to Accounting practice in Malaysia, no irregularities. GMT point this out at the time when AA is in bad shape. Pouring salt into sore which causing panic and hysteria selling

Hopefully it is not dreaming as what asia said before.

Frankly speaking i bought in recently due to GMT report.

l still wait and see ^_^.

Denial or not should based on fundamental and data. Price alone can't reflective of true value of a stock. I didn't come to AA when it was RM1.80. Just Invested AA in recent.

Decision is on you.

Remember that Malaysian economy’s fundamentals remained intact. This is truth.

At difficult time, the main enemy is ourself. Fears will defeat one's judgement. Be calm ^_^

Ignore the naysayers becuase they only make you pacnicking and lose of sensible sense. Focus on the fundamental and data, monitor the external factor and internal factor, make a right judgement.

Final winner are those have holding power and patience.

Ringgit is undervalued, KLSE is oversold. Once RM depreciation and commodity stop to trend downward, market will recover.

No idea when Klse will stop bleeding, anyway be careful.

Take Mitra for example, with good quarter result the price still drop. Be careful on buying any share now.

kakashii, market is bad now, the timing of buying is very important.

OLC, If this is god will, you will see it very soon.

rizerlee, base on the previous fiance results, it seems the CASK of IAA is highest among all associates and RASK is also lowest among associates. That means the profit margin is thin for domestic market. Is this due to stiff competition? If this the main reason why rationalization is in plan? From previous fiance result we can seen that there's a shift from domestic market to long haul market.

Thanks asia. For IAA, could you provide the link on requirement for listing? Any ideas on PAA listing requirement?

PAA proceed for IPO next year is seemed on path and intact if lower fuel jet oil is keeping on next year and passenger load factor is maintained at 75% and above.