Est up, then down. US market to be more volatile, high valuation but economy is not impressive and president still want a lower rate.
As for this, only a reasonable div could support the price in ST. Outdoor theme park may only contribute towards end of the year, by then macro environment may have change.

Unexpectedly strong support today.

Market slipped to 9 years low since Jan 2011 but is still not attractive despite is cheaper than US market.

Positive: national funds unable to sell all. Financial statements still looks good.
Negative: non stop breeding of foreign funds but is silent on reasons behind despite cheaper than US market. Political instability? Est weakening MYR? Poor governance? Poor authority and disclosure standard? Potential rate cut? Virus impact and uncertainty.
Invest within own risk appetite.

When will the lost US CASINO be consolidated?

Est US market to drive the direction. Betting your luck.

Not bad.

18 as fundamentals remain unchanged.

Est no issues or will take ages to investigate and charge, and decision most likely in favour of those with.... by then is a new era. Started commenting when its price around 20, see no hope in near future unless major overhaul including cash call etc.

...The country’s largest tobacco company, whose share price had seen a sharp fall in recent weeks, said its stock performance was not reflective of the company’s strength and quality, but rather the failure to tackle the rising illegal cigarette trade.... just too bad you are in the boleh land for wrong purpose at least till now.

Vision 2020... today we know the reality. Anyway is always good to have sweet dreams. Now we have another vision, the shared prosperity, only then see rising income discrepancies, even among government agencies and statutory bodies, income discrepancy can be high due to opacity in remunerations instead of transparency. Anyway, is good to talk ...

Winter is not over yet as now is just entering Feb. Jan results est to be lower yoy as last Jan is simply too beautiful. Economy activities is set to be calm which certainly will press down prices. Why pay high?

Sound like perfect storm is brewing? Of course it is possible if virus is not contained.

...MACC investigating Airbus bribe claims against two AirAsia executives.... Percentage of successful cases? Withdrawing death sentence is more urgent than improving enforcement agencies efficiency and effectiveness, in particular, on those with power and money.

...MACC investigating Airbus bribe claims against two AirAsia executives.... Percentage of successful cases? Withdrawing death sentence is more urgent than improving enforcement agencies efficiency and effectiveness, in particular, on those with power and money.

Airbus allegedly bribed AirAsia, AirAsia X RM205m in sports team sponsorship to secure deals.... corporate governance structure is just for show ultimately is the positive leadership that count. Good luck.

Airbus allegedly bribed AirAsia, AirAsia X RM205m in sports team sponsorship to secure deals.... corporate governance structure is just for show ultimately is the positive leadership that count. Good luck.

Est down further following global market trend. After tax exemption period, profit after tax and EPS will drop too if business volume remains status quo. ST 0.75_1.05.

ST -ve as more $ is needed for changes to be made...the company is also pursuing higher yield from its existing network and coverage infrastructure, which needs digitalisation and automation to boost efficiency in order to take on more courier volume..... Unfortunately volume will decline under the current business environment and also share by more market players.

Lim family may fall out from top 10 richest man soon if the price continue to drop.

Good messaging on its results but investors are more clever now. Will consider if really touching $1.60 but may take some times.

Surprisingly did not drop much.

Everything is possible.

Is getting closer to TP5. Is a good opportunities to develop a healthy market for better disclosure standards, treatment of potential substantial one off impairment (cannot be out of sudden assets become totally bad), etc. Otherwise more traders than investors.

Even dividends such a simple matter also unable to decide promptly, what about the management and bod competencies and commitment? TP1.80 if US market remains at current level.

Finally falled below est range 26_31 with accelerated speed. To average down at 21.5.

Since overall market is down, est banks may take a more conservative approach by increasing provisions and declare less dividends. TP 75_85.

Those IBs analysts only call for sell now should be sacked first as the price has dropped substantially since listed.

TP DY=3.0%.

If it is truly making profit and declare 1_1.5 sen dividend, both mother and warrant will surge at least in the short term.

Assuming 8 sen div, DY is around 3.5%, potential capital loss as like AirAsia amidst challenging environment. The only positive is without borrowings and abundant of cash.

Afraid its ability to meet liabilities needs. In need for cash call to improve cash flow. TP lower than 50% of NTA.

Interesting, some TP2, some 4. Est 2.80_3.50 supported by reasonable div 5_8%, unless virus spread further and US market crash. Q results est +/-15%.

MoF is still looking for $, no strong ground (unless durian runtuh) to let go easy income especially under the shared prosperity plan. Gov should first review its agency and statutory bodies remunerations as it may vary a lot among them due to opacity. Nonetheless, targeting on companies is easier approach for shared prosperity.

No go for LT. Need to sort out receivables and inventory. Promote higher standard of disclosure. Professional body and authority need to do their jobs to entice foreign funds with better disclosure.

After good news before results announcement, next is....

Just sue past auditors, bod and management since no action by relevant authorities.

...load factor, which is the number of passengers carried as a percentage of capacity, dipped slightly to 82% from 84% due to the increased capacity.

Looks bad, wrongly judged management and bod abilities? Range 26_31. If results is poorer yoy, may fall to 22.

TP below 18. Service level is getting bad. Customer service counter have to queue for very long till giving up whereas teller counters are relaxing, the beauty of segregation of duties which ignored customer service level. Interbank fund transfer charge $5 commission, most expensive encountered so far.

Best for trading only. LT remains negative. Coming results is another challenge.

@rizerlee, TQ for the info. If it is true, then it reflects authorities' competencies and laws deficiencies. Those day financial regulator mentioned merchants are not allowed to impose charges on customers using credit cards but is silent on this particular airline, as if it doesn't aware. Wonder.
Anyway, as for AAX, est to continue to deliver poor results, cash flow constrains etc. Is a miracle as the price is still quite sustainable at this level. Debt equity 29 times, nta 0.05, loans 6.2b. Cash call should be carried out immediately but instead, remains silent.

If US drops further, may test 5.00_ 5.20. Est Dec results +/-15%. Reasonable dividends is the only support factor in ST for 5.50_6.50. As for other projects, will demand for $$$.

Stay 4.80_5.50.

Still strong support. Take time to go down further.

TP2.20 as dividends is likely to be low.

Interesting day.

TP below 10 as ST fundamentals = 0. Best for trading only. Potential cash call or private placement. May hit badly by virus impact.

PE85 and DY tell the truth of its valuation. Of course, possibility of goreng up without fundamental is also possible as like it happened before.

If virus wide spreads, possible decline in number of tourists, potential claims due to cancellation etc. May revise down further despite the price has dropped substantially to the extent that management is silent.

Est lower Jan results yoy as last Jan is high base. May be pushed up without fundamental change but down gradually then. TP0.235_0.280.