@suicide_squad good call man

Thanks for this Icon8888. Missing you over at the Airasia forum. Then again, believe me, nothing but absolute rubbish over there for a while now.

@suicide_squad so you expect a big plunge in AA price a la CIMB? I kinda hope you're right coz I recently sold my AA holdings and am looking to re-enter cheap but wouldn't the show have started already?

I'm worried the AAC sale to Kotam might be affected by this N.Korea crisis. Wasn't it supposed to be done by last quarter? And thats when this whole stupid NK thing flared up?

@supermx2 Lol oklah supermx...you damn awesome lah

Sold 2/3 of my AA holdings. I believe in this company a lot but the external environment is just too uncertain. I also worry about how this North Korean crisis is affecting the sale of AAC to Kotam.

Selldown expected lah Supermx...don't act like it is AA's problem alone. The whole world is nervous over N. Korea.

Maybe its gardening day at the mental hospital and they have all been let out to play in the garden under close supervision

@richardlee STFU. You do not add value to this forum in any way. You have done nothing but poison this forum. That's ok though. Everyone is learning to scroll past your rubbish CNP to the quality posts. You have become irrelevant.

I dunno, after so many rounds on the AA roller coaster, and with this latest news that now AAC will only be done by year end, I'm not convinced this time is it. Still, I'm willing to hold and wait.

wow...what's with the nosedive today? Anyone have any idea?

Admin needs to step up and do its job before this forum loses its integrity completely. I believe many quality members have left already.

@awsomechan lol - you hit the nail right on the head.

Here we go. Lets hope this is finally it!

CIMB changed recommendation to Buy only because of the low base effect from the recent price drop. They didn't take into account the AAC sale. I'm sure if they did their TP will be much higher. Playing it safe.

Yeah just stop talking to him. You cannot reason with a mental patient. This guy's obsessive hate for Icon is off the charts and well into psycho territory. He could even be dangerous.

@elbrutus yes I have joined. Its far more helpful than this toxic place.

@richardlee Whatever, you no-life loser...as least you won't be there

Agree with angelol. Leave this forum alone richardlee. We are all serious investors here and you are messing with our ricebowl here by cutting and pasting the same inane nonsense over and over again.

He is trying to assure longterm AA shareholders by tweeting as much info as he is allowed to release on the AAC deal. Come on lah, you really expect him to lie and say that the deal is going well if it wasn't? He'd look like the biggest fool in the world, especially to the AAC buyer - signalling extreme weakness and desperation. You think a man in his position would be willing to do that?

Tony's reputation is hanging on this. Don't think he will be so careless. As elbrutus said, he has a lot more to lose than us.

Its not cancelled. JN88 is just teasing richardlee. As far as I know, there is no new news on AAC one way or the other.

Shaking all the little guys out of the tree first before climbing up to grab the fruit. Stand fast, men - this could go on for a while.

@elbrutus the haters always come out and say "sell" but never provide any reason other than AAC sale won't happen la, TonyF is a liar la, but no real concrete basis to support their argument. Havoing said that, you notice Supermx hasn't been around here lately? Usually he is the first hater to appear when AA price drops even 1 ct. The fact that he is not here shows you how irritating RichardLee is that he even managed to drive Supermx away.

I actually prefer Supermx to richardlee any time. Since richardlee came to this forum, it has just become complete garbage with all the quality people staying away. Imagine how much good advice and analysis we have missed out on just because of this A-hole.

"CALC is among a slew of lessors in Asia that are expanding amid an air travel boom that will see China surpass the US as the world’s biggest aviation market by around 2024. Boeing predicts China will need 6,810 aircraft in the 20 years through 2035, making it the world’s biggest single country market worth over US$1 trillion."
http://www.theedgemarkets.com/article/china-aircraft-leasing-mulls-widebodies-asia-demand-rises

@2017win I thought MoF only issued the RFP to interested parties last Wed? How are they going to announce the winner this Friday?

@Swatheng are you saying that AirAsia has only succeeded all these years because it only had to compete against MAS which is not run by "Han Chinese"? Sounds kinda racist to me.

Nothing but garbage on this forum.

Overshadowed by geopolitical concerns because Fatty Kim and Orange Trumpy are playing who's willy is bigger

whatever loser

@mancing I doubt Icon will come back - he's probably moved on to what he believes are better opportunities. Good for him and I wish him the best of luck. Maybe he will return once AAC is is announced. As for the 3 stooges here, I think the best way is to ignore them. They have almost destroyed the integrity of this forum which is really sad because this is where a lot of noobs like me come in hopes of learning from the experienced guys. There will always be bickering - that is the nature of a public online forum - but these selfish pricks have taken it to the next level.

Where is Icon? He hasn't been here since the 3.5x days. Wish he would come back - always found his posts very helpful. If it wasn't for his early articles on AA when it was around 1.7X, I would probably never have bought AA.

@Superwoman up to you if you don't believe but your argument is not very convincing. In fact, you don't even have an argument, just an allegation. I'm with ignissimia - I also believe AA, even without any AAC sale, is fundamentally undervalued.

@superwoman - so why is KEB Hana Bank arranging for the loan to Kotam if there's no deal? Why did Tony meet up with the korean bankers and post the photos? Just to fool us is it? You really think Tony is willing to humiliate himself that way?

My 12 cent divvy still sitting in my pocket. Quite tempted to use it to buy in at this level.

From Tony's recent posts, it looks like Kotam have secured funding from KEB Hana. My guess is another one week formalize everything in writing and then can announce. My guess only.

Looks like the big boys trying to drive the price down in anticipation of an announcement on AAC but not many ikan bilis are falling for it.

elbrutus True that. I'm still a novice but I have held AA through thick and thin for more than a year. My original intention was to hold long term long past the AAC sale as I see AA going to 6,7,8 in the years to come. But I admit I also was getting a bit fed up and that article today about the AAC sale losing altitude was almost the last straw. Came very close to selling almost half of my holdings. At least now my confidence in AA renewed.

Yes it was always out there that it would most likely be a majority stake sale. Makes sense to have a minor stake in the company you're leasing your airplanes from, right? And yes, Tony will really crap on his own reputation if he doesnt succeed in pushing the sale through after all the hype. On the whole, the signs look good but I'm sure many of us who have been holding a long time now are starting to experience AAC sale fatigue.

80% sale is still better than 0% sale! USD 800 - 900 million would still make for a sweet, sweet dividend.

Looks like KOTAM is the one!

http://www.ifrasia.com/kotam-taps-keb-hana-for-aircraft-leasing-bid/21294123.article

@2ez4airasia I agree. I will sell too. I am a great admirer of Tony and am very impressed with how he's built up AA from nothing. But if AAC sale doesn't happen, I'm exiting too. But how to reach 3.4 even if there's no AAC sale?

But why is Tony talking about "great leasing company we are building". Shouldn't he say "We BUILT a great leasing company" instead? "We are building"to me sounds like an ongoing affair that will continue into the future. Why should Tony be happy about continuing to build a great leasing company when he is supposedly right on the verge of selling it?

The only thing I can think of is that KOTAM will buy a part of AAC - maybe 80% to 90% as last we heard in March their bid was circa USD900M - roughly 90% of the USD1 billion price tag AAC was supposedly worth. AirAsia retains a minority stake, but continues to oversee the AAC business while KOTAM takes a back seat since aviation is not their area of expertise.

Either that or the deal has fallen through, and Tony is trying to cushion the blow by hyping up that AAC is a great leasing business so its win-win even if its not sold. Maybe his meeting with the Korean bankers was to obtain refinancing for his PP and its just a coincidence they happen to be Korean like KOTAM.

Maybe I'm speculating too much into this based on too little facts. Whatever it is, we need some closure on AAC soon.

From Tony's latest twitter posts, looks like KOTAM is back in the picture as the likely buyer of AAC.

@newbie1111 haha so true. Yeah we already got our Supermx to talk about price crash lah gap down lah we don't need you new trash talkers to try to scare us into panic selling. The fact he didn't bother to show up says a lot. Or maybe he O.D. on rendang and lemang and is still in food coma.

Because you talk shit man. And it's not helpful to anyone.

Omg what ridiculous arguments these people are making. Not even worth arguing. Where are they coming from and why are they suddenly here? Please go back to under whatever rock you crawled from and stop spouting nonsense here.

Oh no. Not tgis guy again.

curious2 Yes. They bought airplanes to not fly them. Come on...what kind of question is that??

Whey Whey ah I see...ok, well, I learned something new today. I don't mind. Actually the maybank equities people were very helpful (I contacted 3 different people there). Very fast to respond and patient in their explaining to me.

@ignissimia Thanks but I'm actually quite content to wait. There's not exactly any "Must have" opportunities that I need to buy right now. Was just excited to see the first substantial fruits of my investment. I can wait.