Great Arsena Boyz we combined the 2 lorry loads to steal the thunder!

Have already positioned myself with a lorry load of CV..to unload it when mother share hits 68 sen .
Look at CX volume the conversion price is 0.60 even mother share price touches 0.65 by Feb17 it is still losing all the money for all those buy at 0.05 sen now.

TF gave a strong hint of AAX in his fb..sky is the limit for AAX from now on..as I said AAX is going to be the greatest turnaround aviation history !

3rd quarter financial results might be a big surprise..considering the 35% growth in pax no will pull down the fixed costs and some variable costs therefore average cost effectively.
RM100mil PAT in 3Q could be 5 big possibility.

Coming..coming

The load factor would have been much higher if not for the 29%increase in capacity growth. To achieve a incremental 3% load factor growth systemwide on the back of 34% in ASK is by all accounts a successful turnaround story.
Let's hope this 3 %improvement in PLF would be significant in contributing to PAT generating RM 100 million in the 3Q Financial results.

..derived from high demand.

Exchange rate RM/USD 3Q15 : 4.0528 vs 3Q16 : 4.15
the variance will not be significant to affect exchange rate loss/gain .
And fuel cost is fully hedged for 2016.
Thus the key to the impressive 3Q results would be the Load factor .
A good load factor above 80% would translate a significantly high revenue growth resulted by high average fare .

AAX could very well to be the next TECGUAN in the making soon -after the 3Q Financial results release.
Ladies and Gentleman , let's take off !

My projection for AAX 3Q Load factor is around 80-82%
(on the back of Hari Raya holidays period in July and Summer holidays inbound July/August and Malaysian school holidays 2 weeks in September)
This will translate into projected PAT of RM 180mil (matching 1Q results more or less)
Thus rolling 4Q EPS is 14.5sen at PE x6 = 87 sen .
Let's see by next week upon release of LF/ pax figures of 3Q.
When the financial results are released the comparison is always the corresponding quarter last year 3Q2015 (loss Rm 288mil)
So the contrast of RM 180mil profit against a loss of RM 288mil would be a huge turnaround in headline reporting.
Buddies fasten your seat belt please!

AAX-CV is the best warrant due to lowest premium of 3.5sen .Imagine if AAX hit 68 sen AAX-CV should be well above 30 sen or 252% profit !

Today 26 Oct 16 is the turning point for AAX .
Mind you the show has just begun.
Watch out for the second wave ..and to be followed by 3rd wave in quick succession.
Fasten your seat belt..

Stay it out and fight to the end after a long 9- week wait.

As predicted last Friday- finally the action will be coming this week after 2 months of consolidation.
watch out buddies!

if load factor 78 -80% within expectation
81 -83 %exceeds expectation
84 -85% laughing all the way to the bank
86% and above hit the jackpot!

AAX. - LF NOP PAT AF
3Q15. 75 - 44M -288M 481
4Q15. 83. 94M 201M. 563
1Q16 82 95M 179M 566
2Q16 75 10M 1M 526
3Q16. ????
LF load factor NOP net operating profit PAT profit after tax AF average fare .

I have shifted from AA to AAX in Aug 16 having made substantial profit in AA from March 16 at $1.40 to $2.85 in July 16 .
Now I am positive it's AAX'S turn with the turnaround story.
I bet on the mother share well as the call warrants for maximising profits.

in * due course.

Sorry for the word stupid as I can't find any other words more appropriate.
Just wait for the respective expiry dates to justify what I mean .
I stand to be corrected in during course.

The paradox of AAX-CV and AAX-CX.

AAX-CV conversion price 0.39 conversion ratio 1 :1 expiry date 30Dec16. AAX price 0.41 .That means in the money . AAX-CV now 0.06 sen with 0.04 sen premium.

AAX-CX conversion price 0.60 conversion ratio 1:1
expiry date 28Feb17. AAX price 0.41 .That means out of money until AAX reaches 0.60 by 28Feb17.
AAX -CX now 0.05 sen with 0.26 sen premium with just 2 month extension.

Now my question is : Why there are so many 'stupid' sellers of AAX-CV at 0.065 sen and likewise so many 'stupid ' buyers of AAX-CX at 0.05 sen as explained above ?

..31Dec2016 typo error.

From now on AAX will be ending with more ups than downs until end of next month on an upward trends.
TP 0.89 by 31Dec15.
An unprecedented turnaround in aviation history from 8 quarters of losses to 4 consecutive quarters of profit.

Finally the real action will start from next week..after 2 months of consolidation.
Watch out buddies!

AAX Technical analysis and MACD chart still in positive territory.
Take heart just be patient for 2 more weeks before the pax load and traffic figures announcement.

AAX is inching up..slowly but surely!

Bear in mind 3Q 2015 last year AAX recorded massive lost of RM 288mil .The 3Q16 impressive financial results will reinforce the turnaround story of AAX with 4 positive quarters.This is unprecedented in aviation history.
A rerating of this stock is imminent if not overdue.

The breakout for AAX will likely to be the release of pax and traffic figures for 3Q scheduled for early next month.Be patient just 2 more weeks to go.
The pax load factor is projected around 85%.
This year we have almost zero haze as compared to last year October polution index over 200 points .

AAX-CV might just be another POS-CV from 2 sen to 65.5 sen .
Let's see.

Currency exchange is 2 sided ..for tkts sales for inbound traffic eg Australia n China it will be exchange gain on foreign currencies.

Go for AAX-CV conversion price 0.39 conversation ratio 1 for 1. Lowest premium only 6 sen .

Watch out this afternoon AAX is breaking out to ride on the second wave in anticipation of 3Q strong results.
The traffic figures on pax no ,ASK , RASK ,load factor etc for 3Q will out early next month.
July Hari Raya Aug Summer peak Sep holidays period will be impressive. Just look the MAHB Sep traffic figs with 12.3% pax growth.
Fasten your seat belt.

10mil constant buying queue to collect from t 3 contra sellers for the last 3 days.
Next week watch out for the action.
3rd Q load factor projection at 85% profit forecast RM180MIL. rolling 4 Quarters EPS 14SEN .TP 89SEN.

..with full pax load of 377 on board. Cheers!

MACD line has just crossed above the signal line indicating the uptrend for AAX is in place .
Be ready for the second wave to hit target price of 79 sen after the first wave at 49 sen achieved on 22Aug.
Fasten your seat belt for the takeoff!

3rd Q profit projection 180mil EPS rolling 4 Quarters (3Q 4.3 2Q 0.0 1Q 4.3 4 Q LY 5.9 ) 14.5 sen PE 6 TP $0.87.
Now @39 sen grossly undervalued!

Last day of 3rd Q profit projection RM180MIL

fasten the seat belt for the takeoff. Ladies and Gentleman.

The calm b4 the storm (surge)..watch out .

..this hope is based on solid facts and figures and a great turnaround story in aviation history.

Buddies Let there be hope .

Let there be hope..AAX is grossly undervalued.
Nothing short of 99sen will convince me to unload.
I have made about 6 rounds from 20 sen onwards.
This round I will only unload it before RM1.00 mark come end- February 2017 .
This is when the 2016 FY results will be announced.
EPS 17sen PE 5.8 .Stock valuation RM0.98 .
Without even factoring the best long haul low cost airlines in the world for many years running.

Great piece of analysis write-up..for investors decision making.

The selling is in fact tapering off as seen from the low volume...It will be among the top volume counters once big buyers are back in action. Just wait.

AAX is still in consolidation phase after the sharp rise to 49sen .The trending up should start by next month in anticipation of 3rd Q results until release in end November.

Go for it based on stock valuation.

EPS for the rolling 4 Quarters should be around 15sen then .

AAX is going to be the rising star before the 3rd Q results by end November 2016 .