I guess i will topup abit more if the price is around 1.73-1.76 range. That dividend and potential gain in price is quite tempting.

Talk is bullshit. I tried to book hotels and car from the AirasiaGo website and notice the price offered for the same service and room in Airasiago is much more expensive than that of booking.com . Consumers are not stupid, we would choose a cheaper and more recognizable brand.

Very bad quarter actually. But gonna be happy and enjoy the dividend. After giving this RM0.90@3b ringgit they still will have about 3.6B cash left. That is around RM1.08 cash per share.
Remember they requesting for share buyback, if they spend around RM3/share to buy back 10% of share thats only about RM 1b ringgit.

whatt.... man !!! best day every

https://www.youtube.com/watch?v=2CXfuaL2BRY

3rd Quarter Results for the Period Ended 31 March 2019 Webcast

Velesto is actually holding up much better than i expected after the QR.

AirAsia group is expected to release its first-quarter 2019 results on May 29. A local research house has forecast core net profit of RM147mil (minus 59% year-on-year).

“Management has done a good job to retain high load factors in first-quarter 2019. However, yields were exceptionally challenging in Malaysia, India and Thailand due to softer consumer demand and stiffer competition.

“We are also concerned on the group’s financial year 2019 growth plan to deploy a net addition of 18 aircraft. There has been no aircraft addition in first-quarter 2019, which implies that all the aircraft will be deployed in the subsequent quarters. We deem this as excessive under the current market conditions,” the research house said.

59% less year on year is alot actually. At least in the black when SG Airlines in red.

Singapore Airlines profit plunges despite record revenue
plus good airasiaX results

Gonna be hard to predict.

looks more like buy and sell for Raya. if gt us sanction lift news would be pleasant surprise.

Was waiting to see if there is any announcements but non until today. Low fluctuation and up-trending slowly but slowly.

If you cut yr interest rate too much, ppl will be selling all their bonds because of lower interest rate. That's why central bank will not cut more than 0.25 basis points. If bond market is flooded, the price of ringgit will normally drop more against US dollar. Better for exporters, but bad for importers and politics.

Why would they want to create fake volume, buy 7m and sell 14m at same price.
Result, going to be extremely bad?

Management smart give 5% dividend incentive just to minimize the impact. Next quarter also would be bad before chance of improving in 3rd quarter. Unless u stuck want to average down, buy and hold 1 year or no point to buy in now.

i think better to buy tomorrow, dont knw how bad the blood bath on S&P and dow going to be tonight.

Was just reading Air Asia Annual report then i realized, there is no flights from KL to Boracay or any other Malaysia airport for that matters. Seriously, unbelievable!!

Check on bursa..

OTHERS AIRASIA GROUP BERHAD ("AAGB" OR THE "COMPANY") PROPOSED SHARE BUY-BACK AUTHORITY OF UP TO TEN PER CENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF AAGB ("PROPOSED SHARE BUY-BACK")
AIRASIA GROUP BERHAD

Type Announcement
Subject OTHERS
Description AIRASIA GROUP BERHAD ("AAGB" OR THE "COMPANY")
PROPOSED SHARE BUY-BACK AUTHORITY OF UP TO TEN PER CENT (10%) OF THE TOTAL NUMBER OF ISSUED SHARES OF AAGB ("PROPOSED SHARE BUY-BACK")
The Board of Directors of AAGB wishes to announce that the Company will be seeking the approval of its shareholders for the Proposed Share Buy-Back at the forthcoming Annual General Meeting of the Company.



A circular containing details of the Proposed Share Buy-Back will be issued to the shareholders of the Company in due course.



This announcement is dated 26 April 2019.

With the amount of cash they have, if they actively buyback their shares.
This would be one of the best shares.

BRENT CRUDE 74.15 +0.31 +0.42%
Tapis (Malaysia) 77.60 +0.19 +0.25%

Looks like a good company, too bad it does not pay dividend.
Also, their golf resort and property construction division is lost making.
Certainly, one to watch for me.

Surprisingly very steep climb today.

Dividends
The Board of Directors is proposing for the shareholders’ approval at the forthcoming Annual General Meeting a final single tier dividend of 1.00 sen per ordinary shares. The details of the entitlement date for the dividend will be announced later.

The final dividend for the previous financial year ended 28 February 2018 was a single tier dividend of 0.50 sen per ordinary shares.

Finally, giving out 1 sen dividends again.. Good!!!
Thanks for rewarding those who hold through the drop.

QR going to be release this or next week.
Around 500k employees/boss exercised ESOS in April alone. Results might be green.

Impossible to limit up.. New contract is worth 400 million, current revenue is lesser than 200m.

https://www.thestar.com.my/news/nation/2019/04/22/baby-dies-on-kl-perth-flight/

Baby dies on AirAsia flight.

I not sure if you even been to Sarawak a not but i have lived there for a few years.
And if you think Pan Borneo is enough for Sabah and Sarawak's development then you are dead wrong.
Some parts of Sarawak are so left behind that they dont even have clean water for drinking. They need to take sampan because no road.
Also, their homes been taken away by timber companies example Shin Yang , Sam Ling who cut down so much of their forest. Paying peanuts during election time.

Lets see how much GPS can give this election without the BN federal governments help and MACC and EC watching like a hawk.

ProRoy just because PH lost a few by election does not mean ppl dont support PH.
I feel the country is a lot better than before. At least i feel proud of my prime minister.

As what the guy above said, so many case of corrupt leader and police and gov servants are getting investigated and charged in court.

To bad social reforms are slow as we have many less savy people who get easily cheated everyday by fake facts all over FB.

To the guy who said Singapore grounds Boeing, the same issue would be seen on the A330neo which is using same Rolls-Royce Trent 7000 engine blade which Airasia is buying aggressively. But good thing is A330neo is for long flights for AirasiaX. Also, this is regarding wear and tear so not something direct and hope RR can fix it in time.

https://www.bbc.com/news/world-australia-47694416

AirAsia apologises for 'Get off in Thailand' advert

AirAsia has apologised after its advertising campaign was labelled "harmful" in Australia.
The advert containing the phrase "Get off in Thailand" was posted around the city of Brisbane to promote the airline's direct route to Bangkok. Collective Shout, a grassroots campaign movement against the objectification of women claimed that the advert was promoting sex tourism in Thailand. Thailand has over 123,530 sex workers, according to a 2014 UNAids report. Melinda Liszewski, a campaigner at Collective Shout spotted the adverts on a Brisbane bus and posted the image to social media.

She accused the airline of "promoting sex tourism."

Just saw this.. Bad publicity?

He already did although it is just one paragraph.

Margin Finance:

I am not afraid to use margin finance because I want to take advantage of the margin finance to buy more shares when it was selling at lower prices. For example, I use margin finance to buy Dayang at 60 sen per share. As the price goes higher, I could use more margin loan to buy more shares.

As you know, Dayang has been dropping in the last couple of days. If Dayang continues to drop, I will soon have margin call. The best way to treat margin call is to sell a small amount to meet margin call. If the share price continues to drop, I will continue to sell. Even if the price dropped by 50 %, I will still have something left because my average cost is about 80 sen per share.


Your backer is already selling. Thank god i never join in, only see from side.
He is the smart one, selling when he should.

Maybe i'm wrong, its already 2.6% and across all major banks.

Its an everyday affair, it will come back up in a few days.

Better to wait for results to buy in, results will be out in less than 2 weeks.
If results not that good, can buy for cheap. Since expected to have good FY20.
If results is good, can buy also. Means lost of existing customer not as bad as expected and you get a better picture.

Very good news actually!

“This will benefit everyone in the value chain across the board and who runs concurrent to Petronas’ 2019 to 2021 activity outlook report,” he told TMR.

He said several listed O&G firms are poised to benefit from this scenario. This includes previously maligned counters like Sapura Energy Bhd, Velesto Energy Bhd and Malaysia Marine and Heavy Engineering Holdings Bhd (MMHE).

Velesto reduced its net loss by 84.2% year-on-year to RM17.89 million for the fourth quarter ended Dec 31, 2018, on lower asset impairments and improved rig utilisation. The drilling and oilfield service provider was previously listed as UMW Oil & Gas Corp Bhd.


https://themalaysianreserve.com/2019/03/14/petronas-2019-capex-to-have-minimal-impact-on-domestic-og-companies/

Holding this stock since last year, only second time in a year to go positive.
Actually, the first chance was 1st open market after election until now.
Might clear 50k units to make way for some capital if it hits 31 sens today.
Regret not clearing some units back then, so as a matter of principle need to clear a quarter of my stake. But i still believe this company has tons of potential.

One way to check for new customers is seeing if they hiring ppl from Jobstreet.
If you notice they hiring NPI engineers, NPI manager and program manger.
Which very likely for more new projects !! Lets see.

https://www.theedgemarkets.com/article/vs-industry-secures-contract-manufacture-bissel-home-care-products

FY20

Good to see coverage on pantech. Had invested in Pantech for years, only regret is never topping up more when it was at 0.45 cents.

You forgot one important point. Pantech gives consistent dividend almost every quarter.
Also, if Pantech is allowed to export to the US soon there will be a 15% increase in revenue. They have already submitted appeal in the US for anti dumping tax US imposed for China and result might be out soon.

Thanks Tan, especially for the GE videos. Guess i need to average up once more within this week.

Higher divided compared to last year. Good !

In the first two quarters of FY2019 with three off takes coming from Anasuria, and a further three offtakes from North Sabah. As of the date of this report, a further two cargoes were sold in the third quarter of FY2019.

So, is a cargo an offtake?
Offtake is just an agreement right, but we dont knw how big is the cargo.

Looking at the amounts the bosses are buying, might average down some more before the dividend ex date.

I honestly think some one accidentally bought warrant instead of mother. It was for 100 lot not much ringgit, but still an expensive mistake.

Big selling now..

might seriously limit up today.

wow , crazy day but my average price still way higher...

Ancom chairman Siew Ka Wei remanded over RM100m tourism contract

KUALA LUMPUR (Jan 9): Ancom Bhd executive chairman and former Tourism Malaysia chairman Datuk Dr Siew Ka Wei was remanded for four days over a RM100 million tourism contract awarded before Malaysia's 14th general election, The Malaysian Insight reported today.

The Malaysian Insight reported that Siew was remanded with the chief of a private firm Elizabeth Ken Tze Ying.

"Magistrate Irza Zulaika Rohanuddin ordered their remand until Jan 12," The Malaysian Insight reported.

Meanwhile, Bernama reported, without revealing names, that a former chairman of a government agency with the title "Datuk" is in remand for four days beginning today for alleged power abuse involving a government contract worth more than RM99 million.

It was reported that a woman, who is a chief executive officer of a private company, is also in remand for the same case.

"The remand order against the two individuals was issued by Magistrate Irza Zulaika Rohanuddin.

"According to an MACC source, the former chairman was believed to have abused his position by recommending a company through direct appointment to carry out a digital promotion campaign project totalling more than RM99 million using the agency's fund," said Bernama.


Wow. Everyday share buyback.

Urusharta is gov bailing out TH so they can continue to give Hibah or dividend to TH deposit holders. BN pay like MLM, PH park it all under performing stocks under Urusharta. So they can pay out according to law.
Both PH and BN same same only. All of this for votes.

If we normal people loose money, can we park our lost making share and mutual funds under gov SV. Totally unfair and stpid plan actually.

After looking at this and my own profile feeling a lot better.
Ofcause for mine i have taken profit and averaged down.