SBB is only 10%, EPF & Wellington still have more than 15% want to throw into market, need new big shareholder to jump in....

The sudden drop this morning, mostly is sale from wellington & EPF, they sell ticket everyday. Can foreseen they want to sell all their ticket this year. There will definitely have new big shareholder come in. wait & see......

I think AA buy back will only trigger when price hit below 1.20...... Please buy back from these price...

i think AA will go back 1.35 later....

hope to get it 1.20 again...

No wonder want to implement 10% share buy back. They have already foreseen the market will react to recent big lost on Q3 and may have good opportunity to collect cheap ticket. I think is only those invester sell without study their FS. If we look deeper to their Q3 result, they are improving their profitability. Net operating profit up 34% compare last year from RM298 to RM401 mil. Don't forget they will start to enjoy low oil price onwards from Jan 2016.

Airasia share price suppose to go up further to RM1.60 before end of this year.

If there is chance to have big drop tomorrow, one more good opportunity to collect cheap ticket.

The Q3 result close at 30/09/15, the exchange rate was at lowest point of 4.40 during Q3 closing, now RM have strengthen to 4.25 to 4.30. It may have foreign gain on Q4 onwards.

The AA Indo bad result have been provided in Q3 FS, foreign lost also provided. All the bad issue have been covered, what else need to worry?

AAX result out ady.

Q3 lost deeper to RM 291 mil. Really hopeless.

AAX may drop to penny stock, below 10 cents.......

EPF keep selling since Mar 2015 this year from 230 mil to 174mil, already sold more than 50mil share.

AA not safe to keep?

Look like confident not sufficient for market to push higher, buyer is waiting to buy cheaper, AA will on hold this 1.37 till end of the month.

but for long term, not meet RM2, don't sell.... I foreseen will up to RM2 within a year, the Q3 report is the performance appraisal on end of this month.

Critical level is 1.43, not sustain may go back to 1.20, cut lose if break 1.43

Stock: [AIRASIA]: AIRASIA BHD
Nov 2, 2015 09:41 AM | Report Abuse

Better not to buy now as the privitisation news is just rumour, nothing to prove that they will success on this option, market will be more tension and sensitive. I foreseen the price range between 1.43 to 1.50 at the moment, but if there is big shareholder on selling mode, anytime can go below 1.30......

Finally drop, my predict on last week for next week range 1.43 to 1.50 really meet.

Just clarification only, nothing what

For your info, CIMB new target price @ 1.80.

Look that XOX, 1st i saw is only 0.08 last month, now 0.34 already...wah 325% profit... Buy 100,000 can earn 325,000, New BNW wow....

As i said, 1.52 show a lot of seller....but suddenly the seller q all gone. Wayang!!

But if AA can break 1.52 today, then the rumour have succeed to attract more buyer come in for short term, a buy call signal is on.

Better not to buy now as the privitisation news is just rumour, nothing to prove that they will success on this option, market will be more tension and sensitive. I foreseen the price range between 1.43 to 1.50 at the moment, but if there is big shareholder on selling mode, anytime can go below 1.30......

I think this was already the old news. Think the other way, Some plp already knew TF & KM share loan before GMT valuation, means GMT is just a execuse on push the share price down.
One currency factor, Assume they borrow USD 200mil @ 3.30 = RM660mil
Current rate is only USD 200mil @ 4.30 = RM860 mil
TF & KM already have paper lost on RM200mil.
If USD continue up to 4.50 against RM, another lost of RM40 mil
This is really a high risk.
The USD 200 mil loan is used to finance the UK football club & F1 team, heard they are all lost making unit. Assuming the value is already depreciated, is very difficult to cash out in short term.
To privatise the AA is an option to pull out AA from share market floating, following step is to repay their loan when RM strengthening. But it need to use a lot of cash to implement.

To use 10% buy back is another option to stable the current share price.

I want to ask, if they have someone to do a second wave of short sell make it loan to force sell again, How the market will be reacted?

But i don't think this is going to happen, TF sure have many option to cover this.
I just hope that TF can think twice when they make a decision, always taking care of minority shareholder as they are many of long term investers just like me.
When AA big drop they came in and buy more to keep for long term.

One day we all hope that the world best low budget airline AA share is worth a lot of money, attract many invester come to invest.

Nothing happen, just push up 1.54 before closing, sure drop back to 1.52 on opening tomorrow morning. Those contra should sell 1.54 today, & buy back 1.50 or lower tomorrow

So, the % to get higher is quite challenging, hope you are ready to bear all risk. I am the one waiting for above RM2, meaning AA must have super good result on Q3/Q4.

If result just soso, sustain as per Q1 & Q2 level, may go down as fund manager expect better result....

But if result good, will fly above RM1.80.....

pay lesson loh, not many dare to play contra now. I estimate AA will range 1.43 to 1.52 be next result out on 27/11/15. Invester will wait for latest FS to update. Anything may happen, if result poor can go back RM1

still manage to get 1.52, lucky

That is why AA still at 1.52 for high revenue, but low margin. If AA on high margin, AA already RM3 or RM4.... Speedless on those... If want high revenue high margin, but with stock price of 1.52, go to find those China stock who listed in malaysia, with high cash position, high margin, but why stock become penny stock?????

The answer is management lah......

Trader for AA is trying to sustain above 1.50, when going to break 1.50, will come buy in & rebound. Hope AA can have strong rebound back to 1.57.... then 2.00 not far....

Normally up 2 wwek, but drop back within 3 days

today can close 1.43????? then good....

AA push more & more down please, if can go to 1.00, i want to top up leh.......

look like many short term traders here... hope you have earn the $$$ for this round...cover yr previous lose....

If AA continue drop this afternoon to 1.48, tomorrow continue 1.43, when u look back you will said lucky i sold yesterday @ 1.51...cheers

No "if" in investment, if you sell 1.59 later shot to 1.70 then more sad?

Sell all yr holding on AA if you want to buy cheap later, take yr risk as you may buy higher price. Some people say TP1.00, some say 1.20, some 1.42, will have many TP. When market start drop, then all become panic... because the last falling knife have scare most of plp here... from RM2.80 to RM0.78, discout 72%.

If using this rate to count, maybe this round will drop to 1.60 x 28%(discount 72%)

This is new TP of RM0.45, what really bloody shit stock...... Then TF will laugh till the end.. sell house borrow Ah Long also want to privitise AA lah...

many contra kaki sell today to lock profit, good, hit & run...

I got 1000 lots @ 1.38, i still insist to sell above 2.00

Good uptrend!!!, Will u agree privitisation of RM1.80, any comment???

1.53 all cleared!!!

Look like buyer is waiting more ticket sell on 1.52/1.53 b4 it shot to 1.60!!!

if really the rumour of privitisation is true, will you agree with offer price of RM1.80? Maybe some of them want to sell lower....?

What a bad news, EPF is on selling mode, sell 5,000,00 share on 12/10/2015. http://www.bursamalaysia.com/market/listed-companies/company-announcements/4895105

If AA turn to very good profitable line, will rebound even 200 to 300%, look at US biggest airline company :Southwest Airline, stk price have surged more than 300% since oil drop on Sept 2014. Hope that Airasia will have this luck in near future.

Don't be suprise if AA can fly above RM2 at the end of this year. I won't sell whatever its RSI either is 30% or 80%, don't care, waiting for their 3th & 4th quarter result estimate to have higher than expected profit.

yes, TP of 1.71 to be same with NTA is not far away. Very confident to reach this level by this month!!!!

I think AA sure can shot to 1.57, 100day SMA level, then drop back to 1.20 -1.30, then will up again. I don't think AA have clear the doubt of their associate profitability. It still a potential risk for AA in short term. Unless TF have super great news of privitisation with reasonable price above RM2. But i look it very slim possibility.

If i were EPF And Wellington, will stop sell the share after the rumour of privatisation and waiting for market to push up AA share. Maybe will top up somemore to replenish those ticket have been sold recently. Unless market is up too fast & up above the TP price.

Why is only TP1.71, with EPS 14.1 half yearly, full year estimate 14x2 = 28 cents.
The current valuation is 10x, 0.28x10 = RM2.80.

Any offer price below this 2.80 consider undervalue.

Wellington is still on selling mode, the holding % is big drop from Jan 2015 of 388mil share, drop to recent Oct 2015 279 mill share. I can not predict the big buy back from wellington, all is for short term trade, as they not only buy but also sell, that is their current strategic. They hold on the share selling maybe due to pending on US rate hike. It may turn to sell anytime. Therefore the recent buying is not from big shareholder. Maybe is a lot of small fund manager accumulate ticket for possible privatization. The uptrend is build up, investor confident is slowly come back. Hopefully can last till end of the year, then TP with RM2.60 is possible.

closing 1.42 got 30 million share done, buy all buyout, 1.42 no more stock, tomorrow may open 1.45/1.46, lets to celebrate tomorrow. may go 1.57 next resistance level.......