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2016-04-03 15:14 | Report Abuse
Yes, great article, thumbs up
2016-04-02 16:24 | Report Abuse
“AirAsia is our baby and we have been hurt by lack of analysts and shareholder confidence, so we thought we will kill two birds with one stone. Raise the money needed for AirAsia, and show our long-term commitment,’’ Fernandes said in an SMS to StarBizWeek yesterday.
2016-04-01 17:18 | Report Abuse
still remember what happened on 26 February 2016 & 29 February 2016, ha ha
2016-04-01 17:09 | Report Abuse
this is one of the biggest PP that founder of company committed to, tony all in, just follow, show hand, ha ha ha
2016-03-31 11:42 | Report Abuse
sold all at 1.06, 10 cts contra profit, easily made RM6,000, happy, : )
2016-03-31 09:29 | Report Abuse
it's time to move, waiting for show today, : )
2016-03-30 17:50 | Report Abuse
thanks for sharing, OrangKuat, sek pan mari-mari, : )
2016-03-30 14:46 | Report Abuse
wow, crude oil below 40, RM 3.94, 2016 is year of PROFIT, PROFIT N PROFIT
2016-03-30 14:41 | Report Abuse
wow, radzi TP for AAX RM2.00, ha ha, excited, buy AAX, i am, : )
2016-03-29 16:00 | Report Abuse
yes, much more better and logic report compared to cimb report, thumb up
2016-03-28 17:50 | Report Abuse
Talks of privatising AirAsia has permeated the market a number of times, with the recent being in the second half of last year, which caused the stock to rally. A source in The Edge report was quoted as saying that Fernandes had tried to privatise AirAsia, but failed because of funding issues.
"… But this time, things are firmer," the source said in the report.
It would take roughly RM5 billion for Fernandes and the related parties to buy the 81.13% of AirAsia shares not owned by Tune Air, based on adding a presumed 20% premium to last Friday's closing price of RM1.84. This would then make the shares valued at RM2.21 each.
2016-03-26 12:02 | Report Abuse
AirAsia X receives second certification for the IATA Operational Safety Audit is another good news
2016-03-26 11:59 | Report Abuse
wow, chan, ong from OSK accumulated AAX ?
2016-03-25 16:02 | Report Abuse
i wonder how cimb going to revise its TP if 1Q2016 above 300 million, : )
2016-03-25 15:43 | Report Abuse
PAT 1Q2016 above 300 million, mark my word, : )
2016-03-25 15:36 | Report Abuse
overall market down,my concern is who is the next BNM governor, hopefully not someone like mazlan, : )
2016-03-25 12:33 | Report Abuse
managed to buy back all at 0.285, easily made 12K, feeling good, : )
2016-03-24 15:30 | Report Abuse
falling knife or falling gold ??? ha ha ha
2016-03-24 09:56 | Report Abuse
Target Price :
MBB : 0.23
PBB : 0.29
Affin : 0.17
Alliance : 0.18
MIDF : 0.28
CIMB : 0.15
2016-03-24 09:54 | Report Abuse
KUALA LUMPUR: CIMB Equities Research forecasts AirAsia X (AAX) group’s losses to decline further to RM175mil in FY16, due to even lower oil prices, the beneficial full-year impact of the Malaysia Airlines Bhd capacity cuts, and the improving flow of Chinese tourists into Malaysia.
However, the research house had on Thursday cautioned that several headwinds could prevent recovery to profits.
“We are worried about Malindo’s planned expansion into medium-haul routes, despite operating only narrow body planes. It is already flying to Delhi and Perth, in competition with AAX, and is planning to fly to Taipei, which is AAX’s most profitable route.
“In addition, one-stop flights to South Korea and Japan via Taipei, and one-stop flights to Brisbane and Melbourne via Bali are being planned for 2H16,” it said.
CIMB Research said the full-year impact from Malindo’s expansion in 2H16 will be felt by AAX in FY17.
AAX is planning ASK expansion in excess of 20% this year, including the recently launched Gold Coast-Auckland route and a possible Osaka-Hawaii route from 2Q, which will likely require promotional fares in the 12-18 month gestation period.
AAX will also scale back low-risk wet-leasing operations, which was used in FY15 to absorb excess capacity, by expanding its scheduled flights this year, which are inherently more risky.
“We view AAX’s aggressive ASK growth this year with some trepidation,” it said as it reduce its target price from 17 sen to 15 sen. The last traded price was 31 sen.
CIMB Research pointed out AAX’s business model which relies on medium- to long-haul flying, was always a much riskier one compared to AirAsia’s short-haul model.
Even so, AAX had experienced substantially more difficulties than anticipated at the time of its IPO in 2013. This included heavy competition from MAS on Australian routes from late-2013 to Aug 2015, the MH370 and QZ8501 accidents in 2014, and unfavourable macro factors such as the weakening of the ringgit from 2H14 onwards.
The AAX group’s core net loss (including TAAX and IAAX) rose from RM38mil in FY13 to a staggering RM704mil in FY14, before shrinking to a still-significant loss of RM512mil in FY15.
The FY15 improvement was due to lower oil prices, route cuts and capacity reductions by AAX, and a better competitive environment after MAS cut capacity to Taipei, Shanghai, and Australia from Aug 2015.
“Despite this, AAX still lost more than RM100mil in 3Q15 and 4Q15 at the core level, so it is not yet out of the woods,” it said.
2016-03-24 09:28 | Report Abuse
hng33, playing blackjack ? enjoy the games, ha ha ha
2016-03-23 16:54 | Report Abuse
obviously, foreign fund preferred Airasia, : )
2016-03-23 16:19 | Report Abuse
wow, no play play with Tony, powerful, : )
2016-03-23 15:27 | Report Abuse
Desa, well said, but he is not story teller, con teller instead, : )
2016-03-23 11:21 | Report Abuse
wow, panic selling, affected by petrobras financial position
2016-03-22 16:15 | Report Abuse
AA 1.81 already, AAX still 0.305, apa lagi ru tunggu ? : )
2016-03-22 12:32 | Report Abuse
if FF also buying, easily push up to 0.325 today, : )
2016-03-22 12:26 | Report Abuse
sharks coming................ SHOW TIME !
2016-03-22 12:24 | Report Abuse
waiting for show time, it's time to move, honey, : )
2016-03-22 10:45 | Report Abuse
The Bernama news agency reported the country’s Transport Minister, Liow Tiong Lai, as saying that he wants to double the amount of seat capacity offered to Malaysian carriers from 20,000 to 40,000 seats per week.
“As our airlines have fully utilised this seat allocation, we have commenced discussions with India to expand the current allocation by an additional 20,000 seats per week,” Liow was quoted saying.
Malaysia Airlines, AirAsia, AirAsia X and Malindo Air currently operate flights to 24 Indian destinations. The minister also said Malaysia was hoping to expand to new destinations such as Coimbatore, Madurai, Pune, Vijayawada, Mangalore, Surat, Chandigarh and Srinagar.
“India presented tremendous growth potential as the ninth largest civil aviation market worldwide valued at approximately US$16 billion. It is well on track to become the third largest aviation market by 2020,” Bernama reported Liow as saying.
2016-03-18 09:17 | Report Abuse
when clients call us to place order , we will ask them is it big lot or small lot, big lot meaning 1,000 units, : )
Stock: [AAX]: AIRASIA X BERHAD
2016-04-03 15:15 | Report Abuse
Icon8888, thumbs up, : )