In between any correction is good for next rise up.

Hopefully AA will realized its NTA value before end of this month.

AAX now is traded over its NTA value. AA will catching up soon

Market mechanism eventually will bring AA to fair price before coming quarter.

Toward NTA value soon

God did teach us not to be greedy.

Claiming oneself as truthgod isn't a high inflated act?

God is sacred, it is not appropriate to claim oneself as god.

RSI is at peak, it is overbought... it is a fact. But just wondering why people still keep accumulating?

let the bubble pop and double the number....^_^

My choice is stay as usual.

Just sell to lock profit if u are worry, no body is 100% fool proof include myself.

crowwy, did you sell yet?

Those worry about consolidation/correction may consider the option for sell... It is very much individual choice

We can't against the uptrend unless it is extremely overpriced same as the downward trend until it is extremely undervalued at 78cent before reverse is happened.

The minimum fair price for AA is at least at NTA level 1.7

My current observation is if AAX can reach its nta level, why AA can't reach its nta level 1.7?

Isn't AA perform better than AAX?

Any other opinion to share?

Be careful when you buy for trading.

Right

If we are trading.....then be careful. The price can't be all the way up to sky high as consolidation/correction is expected.

For long term, it is worth definitely much more than this price.

If as what technical chart told is realized, AA will reaching at 1.7/1.8 before end of this month.

If as what technical chart told is reliased, there might be very small consolidation/correction(<3%) before price shoot to 1.7 or 1.8

Any news related to AA & Khazanah?

Rumor of privatization surfaced again?

The thing l like about AA is its charity works.

KUALA LUMPUR: In a move to ease the financial burden of cancer patients, AirAsia Berhad has raised RM120,945.65 through its five-month campaign.

See more at: http://m.thesundaily.my/node/333806#sthash.cI6De5yY.dpuf

If those discount is finally agreed by AA, it may be take effective in 4Q. But when this will happen and how much the final reduction available, currently there is no detail at all.

I think the unrealised forex loss can also be mitigated via higher leasing revenua from its associate due to US dollar appreciation. Any idea from you on this concern?

rizerlee, yes it is preliminary operating statistic.

Excluding the net forex loss, it is high chance that the coming result is better than preceding Year correspondent Q. We'll have better clarity after AA release 3Q preliminary operating statistic. As what you mentioned before, we really do not have idea how many aircraft have had been completed under sale and re-lease plan. If many of the aircraft have been done under this plan and its loan is parked under 25% of the said unhedged forex, the impact of unrealised forex loss can be greatly reduced in coming Q.

Airasia in focus again.

Is there a deal on Airasia?




LAST week AirAsia Bhd’s shares rose on talk of it being taken private.

But the company eventually denied knowledge of it, though its major shareholders chose to remain silent.

This week, a different rumour seems to have emerged.

As the story goes, AirAsia and Khazanah Nasional Bhd have resumed talks to do a deal. Recall that they had struck one before, which was unwound later.

There is also talk that AirAsia’s owner Tan Sri Tony Fernandes is talking to some investors in North Asia and a British based private equity firm.

On the possible deal with Khazanah, a source close to the investment agency said “it is not true’’ though Khazanah declined to comment on the matter.

Just to re-cap, AirAsia was in a deal to be partner of Malaysia Airlines Bhd (MAS) but the deal was aborted after a few months because the then powerful unions of MAS raised enough noise about the deal to get the notice of the powers that be, which then intervened. Malaysia Airlines Bhd (MAB) has since taken over from MAS.

With that deal not likely, the question remains, is there a need for AirAsia to be privatised, and whether funds are really keen to come in?

Shares of AirAsia tumbled from its peak of RM2.60 in April to a low of 78 sen in September. They plunged because Hong Kong based GMT Research raised concerns about its financial accounts and claimed that its business model was not sustainable.

AirAsia has since made some adjustments after the GMT report emerged.

The privatisation talk emerged after a media report said that Fernandes and his long time business partner, Datuk Kamarudin Meranun went across to Singapore to meet bankers and the founders hinted to investors on taking the airline private in a management led buyout.

Subsequently, AirAsia told Bursa Malaysia that it was not aware of any privatisation.

Both Fernandes and Kamarudin hold 19% in AirAsia.

Maybank Investment Bank reckons that the cost of privatising AirAsia would be around RM2.84bil for the remaining 81% stake.

The talk continues

AirAsia has RM12bil of debt.

Fernandes did not reply to queries from StarBizWeek.

By taking the company private the founding members can take their time to sort out the issues as the airline will be off the public glare. This will be the same route that MAS has taken, says an industry executive.

“AirAsia’s problems are primarily its joint ventures in the Philippines, Indonesia, and to a small extent India. Secondly, part of its new fleet is doing sub optimal routes as slots are becoming increasingly challenging for key prime airports.

“The full service carriers like MAB, Thai Airways International and Garuda are putting pressure on yields as they dump fares to compete/maintain market share relative to the low cost carrier’s capacity growth,’’ he says.

The good thing is that AirAsia has deferred some of its deliveries.

The playground in Asia has been competitive and it remains to be seen if the full service carriers will continue to dump fares to compete or will they invest in product offerings to try to push yields up, especially as they scale down long haul and focus on regional flights which overlap with AirAsia, he adds.

For now, MAB, operating since September 1 has yet to announce its business plan. But it is obviously dropping fares to win travellers. This weekend it is offering several destinations at discount prices and this forces the low cost airlines to also drop or match fares.

Malindo Air, another local competitor is offering discounted fares and will begin flights to Amritsar (first direct link from Asia) in India, next week and to Perth in November. AirAsia just launched its 3 million seats up for grabs yesterday.

Experts say demand for air travel has not shown signs of weakening despite threats of an economic slowdown and a weaker ringgit against major currencies. However they add that people are more selective of where they want to go and regional travel will remain the top choice for travellers in this region.

Maybank in a recent report says that load factors for Asia-Pacific airlines and global airlines are steadily rising, and the annualised figures are at record levels. This is despite the fact that airlines have accelerated capacity deployment in 2015.

“Clearly, the underlying demand is healthy and consumers are not cutting back their expenditures,’’ it added.

The bank’s report said ticket yields are down as the lower jet fuel prices have enabled airlines to pass on some of the savings to customers.

Historically, airlines performed well in a deflationary environment as they can effectively leverage on the high price elasticity to demand and in this environment, the onus is on airlines to provide attractive discounts in order to boost load factor and capacity utilisation, it adds.

How you think?

Rizerlee, AAX did it, so believe AA will achieve it too.

Rizerlee, remember there is statistical presentation slide released from AA normally 2 to 3 weeks before release of quarter result.

Next 1 or 2 weeks, high likely AA will reach their NTA level.

GMT report is a gone case. IAA negative equity issue resolved. Market mechanism will finally return AA to its fair value. It is in the process now, very soon we may able to see it.

Minimum fair value for AA: 1.7 at its nta level.

By the way I'm not 100% foolproof. Just my thought to share.

Afterall it is all individual choice.

Think about it before action

AAX managed to do that, why we should put down AA?

If AAX able to reach their price at NTA level, why AA having issue to reach there too?

Isn't AA having better performance than AAX?

Many sold their holding today. Next week gonna be more selling for profit taking since RSI is at peak. It is individual decision & choice. Congrats to those have pocketed profit today.

For those still holding, may ur patience and vision be handsomely rewarded later.

Next target 1.7

Let it be cleared

on way to 1.5

One thing for sure is load factor increased after May

Weak USD + Low oil prices, ........flying AA with flying color.........

Wal mart warned on profit, cut earnings per share as much as 12 per cent next fiscal year,

This showed american has no big confident in their economy

Producer Price Index News Release from US:

The Producer Price Index for final demand declined 0.5 percent in September, seasonally
adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were
unchanged in August and rose 0.2 percent in July. On an adjusted basis, the final demand
index fell 1.1 percent for the 12 months ended in September, the eighth straight 12-month
decline.

This is how serious of the declining of PPI in US. It is 8 months in row......How to push inflation to 2%?????? A big question????? Like this when fed will raise interest rate????? Next year still a big question.

Right.

Think again how big probability to have inflation of 2% in US to trigger FED rate hike when commodity price down, US dollar appreciation which caused the import raw material & goods getting cheaper.