Revenue:
(2Q13) Rm 1.246b (Less)
(1Q13) Rm 1.300b

Operating expenses:
(2Q13) -Rm1.002b
(1Q13) -Rm1.045b

Finance Income:
(2Q13) Rm14.306m
(1Q13) Rm19.771m

And you have to compare Q2 2013 with Q2 2012 not with Q1 2013!

And look at your own stockmarket or to Indonesia....downsell is over!

4. Jet fuel price for Asia & Oceania trading on 30/08/13: USD128.40
Oil Price is coming down since a few days

5. No dividend recommended for the quarter ended 30 June 2013
Why should they? They paid a huge dividend in the second quarter!

6. 51.92% of AA were held by foreigners
Thats your numer since weeks....and you told us that Wellington have sold a huge numer...so give us a new number!

Wonder why long term investor like Wellington & other foreign funds are disposing AA aggresively? Careful now, folks!
09/09/2013 16:46

You ask that and gave the answer during the last two weeks. Youre so poor!

@Karin
Shares are for longer than just a few weeks or months...ask Kostolany or Warren Buffet.
What are your expected time to have a Profit from a stock? 2 months?

Its the same when you buy call or puts... You thought nokair is sitting on a table with bp and negotiating the price? :-p

Lol...you hedge with derivates...no negoation table...!!!

BullBear please stop this shit spamming of this thread!

Now with examples from Germany....bravo BullBear...

countfind TF is just sitting n watching?
08/09/2013 15:23

What do you think that he should do?
The Business is doing well.

Look at the index Charts in Malaysia and around. Thailand and indonesia were hit much more than Malaysia. It Looks like that the worst is over. Not in BullBear eyes but it seems so. The markets in the US and here in europe expect the tappering and that is good for the economy in the midterm.
You cant expect that indizes all around the world just have oneway....a correction like during the last weeks is normal. For an whole area like the emerging markets and so on for nearly every Company in it.
Air Asia is still very strong. So if you dont bought your stocks on credit...just wait a few months and you will smile again.

Wait one or two months and you will see that the oil price will come down.

Karin what have you done? Now bullbear will post that tomorrow at least ten times... :-p

Karin Phua At lcct now. No delays today. That wee is One weird aa hater. Prefer to sell out to indons than benefit fellow Malaysians.

What you are meaning with that?

Thai AirAsia from 28OCT13 introduces Bangkok Don Mueang – Khon Kaen service, offering 2 daily flights on board Airbus A320 aircraft.

FD3250 DMK0710 – 0805KKC 320 D
FD3258 DMK1830 – 1925KKC 320 D

FD3251 KKC0835 – 0930DMK 320 D
FD3259 KKC1955 – 2050DMK 320 D

You dont need to be big to hedge fuel.....

Why? You bought shares on credit?

Yes, its BullBear against AirAsia :-P

@Karin
You know that Malindo canx Miri too? So they concentrate on the two trunk routes with much competion from AA and MAS....so lets see how many flights Malindo will cancel on the routes to Kuching and KK ;-)

And...have they hedged the costs for their pilots lol ;-)

AirAsia now flies from Kota Kinabalu to Kota Bharu 3x weekly starting 16 November 2013!

I think bullbear will first stop when aa is on 1 sen!

AirAsia bolsters its domestic network with the addition of the “Don Mueang-Khon Kaen” route, flying direct twice daily starting from 28 October 2013. Introductory promotional fares are available via all booking channels. The airline is ready to offer convenient flights for city residents from Don Mueang Airport, a fleet of brand new airplanes, and the best on-time record in Thailand.

Nice Thing from AA:

https://www.facebook.com/media/set/?set=a.10151868584502387.1073741852.18801397386&type=1

Thai AirAsia have a new desination: Nay Pyi Taw in myanmar!
From end of october daily from Bangkok.

Thats guilty for stocks all around the world

I think BullBear is at the LCCT this Moment for inspection to tell us again how bad AA is and that AA is the reason for the downturn of the emerging markets :-P

cheeseburger Mmtalents, i wont do mba twice.
The point i want to correct here is headging does not shield you from commodity risk.
An low cost LCC does not consume any less fuel compare to FCC.

Yes..but a low cost carrier have a much less cost base than a fcc. AAX for example have the lowest cost per unit in the world. So a much higher oil Price will effect FCC much more than the LCC.

@Cheeseburger
The 2 A340-300 are not a good plane for low cost. AAX have Long Leasing contracts for them..ich think till 2015. Till 2015 they do better to "sublease" them...that brings Money. Otherwise you can use them as a backup.
But if you dont know something like that you dont have to invest in an Airline stock :-)

Malindo will cancel KL-Miri at the end of October...after Tawau the second route they canx

@Karin
When youre not a daytrader you dont have to look every day.
So in this Situation...syria..emerging markets..Airline stock Drops..take a look at Thai airways for example. Lufthansa lost 25% in the last 3 weeks too....and?

@Cheesburger
That are the 2 old A340-300!

Look at the markets at whole south east asia...look to india, Thailand, indonesia, Taiwan....BullBEar forewarned all......and in his eyes all happened to AA ;-)

And all this in this aa board....bullbear go to cnn...

BEcause of BullBears fear of Thailand..:

In Thailand, demand for tourism and travel is seasonally weaker in the third quarter of the year. However, TAA continues to benefit from increasing visitor numbers arriving from China, and expects to achieve third quarter loads in excess of the prior year. Forward loads in Thailand are consistent with the prior year while average fares are higher than the prior year. TAA will continue to focus on domestic, southern China and Indo-China routes in the remaining quarters of 2013, where forward bookings remain strong.

Do you think such bankanalyses are for daytrader or for the next 1 or 2 weeks?

I think Lion Air will have much more Problems when they get around 60!!! Jets within one year from 2015 on....

Lool...our BullBear...actual allocation of new jets for the next 2 quarters;

Q3 = Thailand 2, Indonesia 2
Q4 = Thailand 4, Indonesia 2, Malaysia 4, Phillies 1, India 1

When Malindo have to sell flights for RM56 just two days in front of departure...then anybody who knows yieldmanagement knows that something is going wrong!

@ karin
Based on the bookable flights. They can have ten 739...when they parking on the tarmac they cannot carry passengers :-)

Date Open Price Target Price Upside/Downside Price Call Source
22/08/2013 2.90 3.94 +1.04 (35.86%) BUY RHB
22/08/2013 2.90 3.78 +0.88 (30.34%) BUY MIDF

These are some interesting Points that BullBear is not posting...

iii) Fuel Hedging
As at 30 June 2013, the Group has entered into Singapore Jet Kerosene fixed swaps which represent up to 33% of the Group’s total budgeted fuel consumption for the second half of 2013 with a weighted average of price US$123.39 per barrel.

(i) Forward Foreign Exchange Contracts
As at 30 June 2013, AirAsia Berhad has hedged approximately 59% of its dollar liabilities of its aircraft and engine loans into Malaysian Ringgit (“MYR”) by using long dated foreign exchange forward contracts. The latest weighted average of USD/MYR forward exchange rate is 3.2243.

AA Malaysia cost / ASK declines 7% in the second quarter:

Cost / ASK
(2Q13) - 12,83 sen
(2Q12) - 13,86 sen

So how next quarter BullBear?

Karin Phua 400,000 is about 13,333 pax a day. Can be done if all flights full and operating at max sectors.
25/08/2013 18:47

Hmmm...lets give them 22 flights a day with the 739=4000 Pax, 28 flights with the ATR = 2000 Pax...so Maximum could be around 6000 Passengers with a 100% load Karin.....but you can of course still believe in the Malindo Stories :-P.

And after that...how much Money will they burn?

@Jerry.....yes around 6% after tax...i think that was good or not?

HLX is working Karin ;-) Im not a Trader...i have AA-stock since February and i still hold it! Im thinking to buy some additional ones. AA have the best margin from all Airlines worldwide...pay a good dividend. The Business model works. Stockmarkets are going up and down....thats normal. Maybe...look at the stock for example from Thai Airways and compare that with ThaiAirAsia....AA Thai is very strong!