Now really is waiting the results.

I also holding mother shares but not as much as betkaukau lah. For a decent japanese executive car still more than enough. The TA looks to challenge a new high. 3.50 to 4.00 is not possible as long the quarter results can generate core profit about 10-15 cents.

CIMB in trouble now. Cannot transact otherwise if investigation come in, then it show evidence to benefit from issuing low target price to public.

The technical chart showing the trend to challenge new high as well. The MACD and RSI still not hit the top of overbought. The trend is shooting up.

i collected in last few days from 0.005 to 0.020 as considered collected from bin center. Now become gold. Hopefully the last 5 working days settlement can give a stable share price.

Thats 2018 lah

AAX Result out d? the paper is 8.58pm

mmk79 calculation is correct. C65 already in the money.

Now is the time to eat up all the warrants.

See the volume?

CIMB this time heavy pain.

Break resistance

Warrants C65 works!!!

If this quarter result can yield a core profit about 10-15 cents per quarter then above can be justified.

Core profit 30-40 cents. Averagely 10x PE should be range between 3.00 to 4.00 is reasonable.

Betkaukau, because you are holding substantially mah. Of cos feel good till 4.00. Anyway, the past half an hour the volume seem weird.

Volume seem weird, may have some movie to see d.

One more weeks will know. Don't worry.

Next turn is to wait Thailand quarter results first.

And this is similar to our Toll concession.

Besides the court whether have the power to challenge the PSC setting right as it is under the Act or gazette order (correct me if I am wrong). I do agree with you that the key decision maker such as minister should step in to review. For past PSC since all other airlines paid the same, then AA should pay as well. But the ongoing current, that's the thing need to be fairly reviewed. Cannot just simply say they view all airports is Malaysia as a whole then apply the same rate across to board to maintain its overall aviation economy. Is just a nonsense.

Shinnzaii, if want encourage local travel domestic, you can see how Taiwanese doing and it does help temporary to their tourism market after recent Chinese tourists move out. Imposed additional tax won't bring you additional domestic travel.

If today price up to 3.20 above, then CIMB IB warrants will be in deep trouble. Personally bought some C65 which maturity date just few days later. Side bet with CIMB analysts.

Let's see what is the stand of our new government. I was told that the new airport tax imposed is because they think that the traveller able to travel ASEAN and internationally are relatively richer so can tax here to increase government revenue. I hope the statement I received is not correct.

Anyway, PSC court case is not that negative to the AA group.

For the ongoing, I still think that oil price usd 70 is healthy for whole economic. If the relating industry can earn more, than of cos the spending power also will increase. Cannot purely interpret on cost level.

Shrobin, it will trigger to MAVCOM as they are the parties set the PSC. MAHB only to ultimately collect. If their working formula have bias, then management of MAVCOM will be in trouble.

To me, the lawsuit actually is not bad for AA. AA and AAX to use 40m to place a bet to force government to create a stand. If government/mavcom said AA is right, then the benefit created to business and end users will be very positive. However, if government said AA is wrong, government still want to impose such high fee to end user then government need to face the public comments on their stand.

So don't treat it negatively, this stake is worth to place. And is good time to place. You see now Economic Planning Department, EPF, Mavcom, soon Minister of Transport, Tourism all will come out. Then it force the rate to be reviewed. It is bad to MAHB as concessionaire but not AA.

Anyhow the claim is only rm9m, I think to AA only very small issue. And even after that, AA can just said airline do not have statutory obligation to collect them push back to Airport for self collection. Just imagine the investment cost for MAHB to structure a collection way.

Both this not healthy to local tourism industry. Businesses to compete is normal, but if any party use its monopoly position to take advantage and the authorities keep silence on it then I think something is wrong.

The ministry of transport should involved. First of all the PSC is set by government and MAVCOM. Mavcom is under MOT, this involve public interest. If the unjustifiable high profit in MAHB (not from its operational efficiency but come from it monopolised rate), then the rate is in question and why MAVCOM is not reviewing it periodically and same as ministry of transport.

And second thing I keep eyeing, is the tourism tax in hotel industry. It is not justifiable as well if nobody disclose the fund collected specifically spent to where. The new minister of tourism seem keep silence on it.

PSC AA won't win.

Tomorrow still have something to see.

Singapore Airline (listed in Singapore) reported widened profit as compared to last quarter; Cathay Pacific (listed in Hong Kong) reported profit after 2 years consecutive losses.

https://www.cathaypacific.com/dam/cx/about-us/investor-relations/announcements/en/20190220_CX_Profit_Alert_Announcement_en.pdf

Wow. Cathay Pacific set to report a profit after 2 year losses.

Break thru the exercise value of C65.

Personally feeling, I hope the price can break to RM3.30 in next few days. Is not because I holding the shares, but really feel that the individual Investment Banker should have some lesson. Understanding your profit motive, but please do it more professionally.

Hopefully this round is real one. Now challenging the resistance point, if it can re-stand back. Then have high chance to break high if the core profit trend is nice.

Anyone else noticed the matching of transactions in this morning almost is big player which more than 1m volume unit and above to secure within the same time. Only institutional investor or market maker can have such facilities.

Hopefully another Carlsberg.

Now cannot wait to see the latest results of Q4 2018. Then can know roughly what is the direction of profitability and also the utilisation of RM4-5 billion (after minus out the dividend paid on Dec 2018). Again RM4-5 billion is about RM1.20 per share.

C65 settlement dates soon. Exercise value 3.13

If the SC responded that CIMB research report is based on correct assumptions. Then next I will challenge other investment bankers reserach report. If CIMB is correct, then can we say that other IBs are presenting misleading information.

Otherwise their action is not justifiable, issue warrant will call warrants at higher amount while their outlook research is lower price? Either treat warrant holders as idiot or treat AA mother share holders as the same. Both are contradicting.

Anyhow, I still waiting CIMB Investment Banker to issue Call Warrants with exercise value of RM1.82 (with inclusive special dividend of 20 cents, net adjusted exercise value of RM1.62) to justify their investment research report. If it issue this, then I will withdrawn my complaint to Securities Commission (currently already have case number).

If can re-stand back to 3.10 only have chance to fight higher. Looks like everybody positive about this coming quarter results.

Yoyo again

Betkaukau. AA also one of the AAX's major shareholders. The loss incurred need to be absorbed in the AAGB group level. Anyhow, there is a cancer element inside the MAS group which is their overprotective staff union.

Again, EPF jump out for the AA-MAHB lawsuit. I just wonder whether our new Ministry of Transport are dare to face this kind of corporate dispute. Azmin Ali came out, EPF came out, but MAVCOM (which under Ministry of Transport, if not mistaken) said leave the decision to court. What the heck man.

It is either MOT not working, nor it does not coordinate between ministers before they release statement.

MAS cannot be closed. It does not bring any real benefit to AirAsia in terms of competitiveness. AirAsia already have its own seperate customer base and it proved it is profitable. If MAS closed down, AA have to absorb MAS full service airline portion and it distract AA focus in no frils budget airline business.

The supporting line is very dangerous d.