Aax made massive forex loss in 2Q15 and 3Q15 was bcoz of Surabaya Crashed (so cannot increase fare + falling Load factor + cannot advertise aggressively) and plunging ringgit-----
Any gradual fall of ringgit can be mitigated if Load factor keep increasing

Even ringgit at 4.50---aax still make money if the above are maintained (load + Fare ) I think
beyond 4.50 even Mas will adjust fare upwards rapidly ( so no worry )

The ways to counter forex loss are increasing passenger load and adjusting fare to forex loss....
3Q passenger carried is Good and did aax adjusts average fare during Hari Raya period---from
the tickets i bought---i think aax did adjust a little upwards ( i guess about 3% up)
Therefore, 3Q results sure Okay

Thanks Contrarian...OskVi profit just 5.5M-----Let see what OskH's profit this Quarter?

Lets check whether Oskh owns Osk Venture shares----i dont know yet (no time to check -----busy)

OLH has gave up collecting 100% PJD......Now no need to keep pushing Oskh down as bait

Arvin---you didn't follow Puncak (i forgive you for giving wrong info)----I played puncak for 1.5years
The real uptrend is in 2013--2014 (1 year) Nov 2014 after Bonus issued-----All down hill till Now

KPS runs could be the same ---just One year and stay at the Top (not going down bcoz Kps
Biz Model is far superior that puncak ) I hope Kps will distribute just a little dividend from
Splash But go on to acquire More revenue generating Companies

I hope to see KPS price at 3.00 in 2 years time ( Kps always give dividend so I have no worry)

"Buy on rumours and sell on News"----Good time to Goreng now........Anyway puncak price didn't
move much between signing of main contract and issuing of RM1 bonus.....All the uptrend was
before signing of Main contract

Aussie dollars and Reminbi didn't fall as much as ringgit......if this persist aax will enjoy a
forex GAIN in 4Q ( in order for Big forex loss Both currencies--myr & aussie must fall together)

The Selangor government is confident the acquisition of Syarikat Pengeluar Air Selangor Sdn Bhd (Splash) will not involve the enforcement of the Water Services Industry Act 2006 (WSIA).

Menteri Besar Mohamed Azmin Ali said this was because he had been informed that the federal government would not use WSIA to resolve disputes over the takeover bid price for Splash by the state government amounting to RM2.98 billion, as there were other methods which could be adopted in the matter.

"This (Splash) is a public-listed company and to protect the image of the federal government, we must be fair because it also involves foreign bonds. Of course, the federal government will give due consideration to these matters.

"In fact, we appointed an international independent valuer a year ago for the negotiations to determine the value of the bid," he told reporters at the State Assembly Hall lobby, here, today.

Azmin, meanwhile, maintained his earlier statement that the offer price of RM2.98 billion by the state government to Splash was made as a result of negotiations between the two sides during the administration of former menteri besar Abdul Khalid Ibrahim.

He lashed out at Khalid who claimed the takeover offer made for the acquisition when he helmed the state government was RM250.6 million.

However, Azmin said the offer was not made officially.

"...and this morning I got confirmation from Ramli Mahmud, who was the State Secretary at the time, on Abdul Khalid's decision to offer RM2.98 billion to Splash. This is what he must answer to.

"This is because, any increase in water tariffs for industries is subject to reviews which will only be conducted if necessary," he added.
- Bernama

Read more: https://www.malaysiakini.com/news/362440#ixzz4Phnomxd9

Ya..forgot to mention if you start with infrastructure expansion---inflation fly like mad (under Najib
expansion projects in Selangor---my beef noodle soup is now RM8.00 ( RM6.50 in 2015)

Loan payment was hedged at certain value (couldn't remember) Only maintenance(foreign) and spare parts are in US$.....This sudden surge in US$ (i already expected) is directly related to
Funds flowing back to Infrastructure Co in USA ----give about 2 weeks things will slow down...
Watch Dow keep going up but Nasdaq and S & P going down

Fundamentally US$ under Mr Trumpet is going to Fall very Steep in long term.......
1) He wants to increase Deficit financing --- 550billion for fiscal expansion
2) Start a Trade War with China
If this really happens, FDI will leave China but China also expanding so how finances its
projects---sell down US Treasury (800billion)

So lookout for 3Q profit number----Big increase in passenger carried and a slight increase in
fare due to Hari Raya holidays

Most of the guys here speak about total currency chaos doesn't understand aax biz at all-----just contra players....They thought aax carries 100% Malaysia travelers only....actually aax carries only
Nepalis and Bangla workers (just kidding)
CEO Ismail explains this before so i just repeat what he said....aax carries 30% Malaysian only
and the rest are all tourists so they paid in their respective country currencies----Therefore
Aussie dollars and Chinese Yuan determine forex gain or loss
However aax can control forex loss by increasing average fare and increasing passengers carried
and 4th Quarter is the only quarter aax can do this bcoz it is holiday season ( you think people
will cancel Christmas travel bcoz aax charged RM30 more)

I think "they" will pump-up the pressure on Monday or Tuesday......2Q jump from 0.39 to 0.49
in just 2 hours----25%(before results) AAX is not oldman AA that requires 2 months to achieve
25% climb...

US$ appreciation maybe for 1-2 weeks...then it will go down bcoz malaysia GLC are sending back
money for 2016 tax payment...furthermore Mr Trumpet 550billion fiscal expansion as promised
will balloon US deficit----putting a cap on US$

However "small pipes" replacement is a perpetual biz ---average cycle 10 years...

average fare and ancillary comes with the results (no separate announcement )

Haha...Khalid Ibrahim had set the term under main contract that Air Selangor will Not be listed
so kps got to sell all its water assets to Air Selangor....But in return kps will get pipe replacement
biz (as compensation) although not written on the wall but it is the general understanding

0.44 eaten in 500,000-- one go---- so big fish moving in

15 or 16 Nov best Bet however if AA stuck in bad forex loss then aax results also be delayed

Came back at midnight yesterday and saw a New USA president----Mr Trumpet
Wakeup at 5am and saw Dow at 251---wow
Back to sleep and dream aax at 0.50 by Friday-----hahaha

morning will start from 0.44---also 0.44 parking is small 3.3m

This is different from Khalid (ex-MB), he signed off Puncak without consulting Dap or Pkr politicians so he got the boots ( either too arrogant Or blackMailed)

You sure you read the text correctly...Hannah Yeoh said No to Selcat bcoz just talk, talk only---
once official then got to present to Dewan( bcoz involved state money + Debt) for discussion

Selangor BN chairperson, Nor Omar is demanding Azmin to reveal the actual cost to acquire
Splash.....I think the number will be Out sooner then most people expected....actually alot
of politicians (from both side) already knew the # but it got to be official

Trump don't like Chinese.....so Tony got another job in hand---he will pilot aax plane to Hawaii

If Tomolo Trump's skin turned Red after losing the presidential race-----we can confirm once for
all he is a Martian

Okay if exit poll said Trump caught us by surprise " i will raise Orange Alert Storm Warning" ( after
Trump orange coloured skin )

Okay maybe storm name "" MaMa Clinton "

Almost clean out 0.435 after 4:50pm-----Tomorrow storm got " no name "

They push up (1.5c) and push down again (to buy)----almost 4 days at 0.435 closing---shaking
ikan bilis to sell-----cannot lower bcoz " too many big fishes, all waiting to bite )
If you bought around 0.41--you are safe------this is going to be a category 4 Hurricane( 200mph wind)

so many Big, Big fishes fighting for position----sure explode in a few days time

Dow "future" Gap up 240 pt---FBI drops everything----Clinton expected to win (wall street expectation )

I am bullish on 4Q16 and 3Q16 is just the starting block....Bcoz of rammed capacity to 1,560,780
I expect 1,400,000 carried capacity in 4Q16.....assuming same fare 563.....revenue from fare
alone is 788,200,000------Sure break 1 billion total revenue in 2016.....Tony is already singing
last few days about Great year for aax in 2016 bcoz HUGE portion 4Q16 are forward booking ( i also booked Christmas travel last week )

Let the expert MrPouper/Nekosaan advise you

Kenanga released 13m profit Before P.O.S., they didn't know 3Q16 passenger carried was
1,216,943 ( 184,693 more than 2Q ) And they also didn't know JJchan add 3% to 2Q average
price.

A optimistic guess at Net operating Profit based on
1) 3% increase in average fare from 2Q----541.78 ( to cover potential loss from forex losses )
2) forex loss same last Q 30 million ( currency--China down, Aussie dollars little up )
3) Zero deferred tax
4) 30 planes

Net Operating Profit= RM 120,873,514
Forex loss = RM 30,000,000
Profit = RM 91,000,000 ( take 5% off for Free seat-----86,450,000 million )

Sue me if i guess wrong-----hahahaha, sunday afternoon blowing water

psc is a non issue at RM23 more -----budget travelers are NOT "poke Kai" travelers----you can
always saved RM23 from other things---i learn this from a shoestring Australia traveler years ago

What is the Big deal about US presidential Election??? US congress control by Democrats and
Republican controls US Senate----any New president (even Obama) just Talk, Talk Only....
During Brexit, doomdaysayers predict Britain Economy will collapse immediately and Britons
will replace rohingya refugee Beggars in Kuala Lumpur (didn't happen )

I take everythings easy ---bcoz 1MDB already done enough damaged to Bursa (most Big Cap
already down 15--20% from Peak ) China Stock market already down 35% from peak (maybe 50% now)

Yes Dow is at All time High----I think if Trump wins, Dow will fall slowly bcoz Janet Yellen will
hold Interest Rate increase in December ( or drop back to zero )

I like Khalid explanation(especially on given out dividend as part of the equation ) I am in the
same position as splash----i once bought a piece of land from the state ( tenure 60 years ) and it turned out the traffic thru' my land was very heavy traffic so I rented to a petrol station operator and the rental is very high----Just recently the Federal Gov said they wanted to acquire my land
for MRT station---now i wonder whether the Fed Gov will include my income from rental as
part of the settlement??????

Why Azmin exposed this Number now??.....Maybe to shutup umno opposition in Dewan and
the new proposal offer should be 2.8B (excluding liabilities)

Monday massive buyback

http://www.freemalaysiatoday.com/category/bahasa/2016/11/04/khalid-tawar-rm2-9-bilion-pada-splash-kata-azmin/

i mentioned before offer is 1.5 billion but only for KPS and Sweet Water...Gamuda --let Umno
deal with them bcoz Gamuda refused ( no latest news--blackout )

It very clear "they put a big block to sell at 0.45" then slowly buy up to 0.45 and let everybody
rush to clear 0.45 (if nobody touch 0.45 they removed it and keep pushing again until confident
returns )

even insider will stop at one or two big buys----buy these buying keeps coming--every 2-3 minutes

Looks more like big time remisers(group) playing.....pushed up 1.5c then sell...push again....
big volume small profit----still worth the day pay....

BB blocked 0.44 and 0.45 with 8m each (same style as last Q) Retailers cannot breached this level without support from " KingKong"

Yes -they took out 0.435 in 5 mins----big buyer 5m----they are all here --waiting

Can't believe we down 9 years. Great quarter coming up. Great year.

Tony is a propagandist-----without failed every time aax or AA got Good number he goes on
singing very loud

If that is the case---call warrant will run like crazy (just like last time)