Imminent catalyst is IAA.

Last chance?

I go for opposite...

Let betting.....^_^

Another bottom guessing. It is hard to know.

For trader and speculator, if you can survive by speculating or trading in AA it is really amazing to me.

Panic is attacking, some start to sell ready

I think so. AA should able to meet the deadline.

The news on IAA on earlier of SEPT


Indonesia AirAsia (IAA) is considering the option of issuing non-voting redeemable and convertible preference shares to deal with its negative equity position with the conversion of part of its receivables.

"Nevertheless, the discussions with the existing shareholders is still ongoing, and expected to complete by end of this month.

"Meanwhile, its initial plan to issue new convertible bonds of US$150 million is on track and expected to complete by the end of 2015," it said.

The deadline is tomorrow, so far no news for it.

Any news on the PT Indonesia Airasia debt to equity ratio requirement? Issue resolved?

Philippines AirAsia plans 2016 growth as it establishes new secondary hubs

AirAsia’s operation in the Philippines is entering a new phase which the group hopes will lead to profitability in 2016 and eventually an initial public offering. Growth is also expected to resume in 2016, ending a phase of consolidation and fleet reductions.

The AirAsia Zest brand will be retired by the end of 2015 in favour of the Philippines AirAsia brand. AirAsia has already completed the transition to a single operating certificate in the Philippines, following a complicated and costly two years of maintaining two separate affiliates.

AirAsia’s Philippine operation has been highly unprofitable since it was launched in 2012. Turnaround efforts are banking on cost reductions driven by the transition to a single airline and higher yields that will be generated by a more international focused network. The network will be expanded to include several new routes from secondary hubs, in line with a new AirAsia Group strategy to open new unique point to point routes from secondary hubs throughout Southeast Asia.

2016 seen as make-or-break year for Air Asia units in PH


The Philippine unit of Malaysian budget carrier Air Asia Bhd is seeing its outlook improve as it focuses on more international routes via secondary hubs and completes the consolidation of its brands, aviation consultancy CAPA-Center for Aviation said in a report.
Air Asia’s Philippine units represent the third major airline player in the Philippines, where they mainly compete with Philippine Airlines and Cebu Pacific Air.
CAPA said in its report that 2016 was a “critical year” for the Air Asia Group to prove that it can be a viable carrier in the Philippine market.

“If it meets its 2016 goal of becoming profitable, aspirations for an initial public offering within two years will become realistic, providing a foundation for consistent growth,” CAPA said.
“If the newly restructured [Philippines Air Asia] remains loss-making, its long-term survivability —and the AirAsia Group’s need for a Philippine affiliate—will again be questioned,” it added.
The group operates in the country mainly through its brands Philippine Air Asia and Air Asia Zest.
CAPA, citing its CEO Joy Caneba, said the combination of both units under a single brand would soon be rolled out.
“Turnaround efforts are banking on cost reductions driven by the transition to a single airline and higher yields that will be generated by a more international focused network,” CAPA said, adding that the business had been “highly unprofitable” since 2012.
Nevertheless, CAPA said the domestic business had been seeing improved load factor.
Moreover, it said Philippine Air Asia would continue to expand its fleet in 2016, reiterating a plan outlined by AirAsia founder Tony Fernandes.
CAPA said Air Asia Philippines was in the process of selling older planes to cut its fleet of 15 aircraft to 12 Airbus A320s.
“Strategically, PAA needs to resume expansion as it cannot afford to be stuck at its current modest capacity level. Cutting capacity and the fleet over the last year was necessary but is seen as a temporary measure to position the airline for future growth,” CAPA said.
It likewise supported the unit’s plan to develop more secondary hubs with international routes such as Davao, Iloilo, and Puerto Princesa.
“Over the last couple of years Air Asia has discovered that battling against PAL and much larger [low cost carrier] Cebu Pacific in the domestic market is generally a losing proposition,” CAPA said. “The focus on secondary international routes is logical as PAA needs to differentiate itself from its larger competitors.”

Be rational, price won't keep upward forever. Rest is probably preparing for a longer journey ahead.

Deadline approaching. Seem very quiet.

Next week going to have answer. Whether big jump or big drop?

The fool and evil will be diminished to dust.

No worry, AA is back.

If S&P 500 can maintain above 1900 point tonight and next week, and IAA has been successfully recapatalised, next week gonna be another good chance for AA to escalate.

Hopefully AA can maintain RSI close to 70 for one month ^_^

All is partying now....^_^

Really can't imagine AA will direct shoot from 78 cent to today 1.42. Once it can down so much, it can also up such much???

Now some economists said that fed rate hike can delay end of this year or earlier of next year. Some even said that it can be no fed rate hike in coming 1 to 2 years. Who know!

Many predicted fed rate hike on last week but..it is not.

Fed rate hike is data dependent. STill unsure whether US fed will hike interest rate by end of this year.

MMSS, any comment?

People start recognizing the value of AA now??

firdausAhmad, thanks for your opinion.

firdausAhmad, look so good to be unbelievable. However if 1.75 unable to break, what is in ur opinion the lowest price AA will settle down.

Another factor helping AA share price move upward.

Ringgit to continue its upward momentum next week.

Bravo, another rally for AA.

For this round whether rate hike or not is difficult to know. So wait & see until it is known to them.

If not enter now then it would expensive later as US dollar depreciating started.

News excerpt from oversea:

Markets push rate rise bets into 2016
Markets now believe US interest rates won't rise until January 2016, from December 2015 just before the announcement on the more cautious stance taken by the Fed.

Stock markets are loving it

The reason is oil gonna remains low for sometimes and CHina is expecting slow down with GDP growth less than 7 % in coming few years

The worst scenario is Fed never going to raise rate in coming 1 to 2 years

or even postpone to next year who know?

if external headwind still strong(China, korea, taiwan, singapore,other emerging market ....slow down), and oil remains low. there may be no fed rate hike until DEC end of this year.

Hopefully wellington will be back soon ^_^

Yellen is very careful lady.

Yallol, any wrong move of fed will have risk of sending US into deflation again. In the past for every time rate hike it won't last for long before it turn back to cut rate again.

Any different opinion?

Seem to me no fed rate hike. Hopefully another round of rally for AA after tonight.

US stock flying high for past two days, shrug off the worry of fed rate hike

AA exuding the strength for the past few days after 50% rebound from bottom. A good indication.

May against a lot of other's will, even l not preferring delay on fed rate hike but it seemed to me the fed rate hike will not happen on coming Thursday. I maybe wrong too.

Allow me to make assumption, if no fed rate hike, AA will have another rally again. If fed rate hike, there's high chance it will go down again before rebound

Red shirt rally won't turn ugly face to PM

Our PM will showing to world that KLSE is formidable same as red shirt rally but as peaceful & hormonious as Bersih.